I just did a calc on my bet worth and it is made up of:

I just did a calc on my bet worth and it is made up of:

Crypto - 92.17%
Stocks - 6.78%
Car - 1.73%
Precious metals - 0.31%

How fucked am I?

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*Net

I see the problem, but it's easily fixed.
Just sell the useless stuff and go 100% into crypto right now.

BUY SILVER TILL YOU'RE AT 10% METAL

this is now an age/worth/liability

34
200k
40k crypto
20k stocks
100k cash
60k house

debt about 240k

Nah its 92.17 in crypto, that's a bet.

Also I wouldn't include your car.

>92.17% crypto
*Bet

Yeah I know it's a depreciating asset but I do own it outright though

decent. it looks like that for everybody here that's under 30 and didn't inherit
also net worth is higher than most no-coiners given your car isn't even 2%

31
120k cash
10k debt
wat do

Still dont add it.

Let's say as an example, your vehicle is worth 15k as is. Over the course of this year, maybe you'll spend 150 a month on insurance, or 1800 a year. Then add gas, $80 a month $960/yrs? Those aren't aggressive numbers, and we're nearing 3k a year. That doesnt include basic maintenance or the depreciation year over year. Yes, you can save money by not getting a new vehicle or if you even by a beater for under that you could theoretically save, but its better to consider it a net loss or expenditure so as not to make you think your actually going to break even or profit on it.

30
2k crypto
30k stock
2k cash
20k debt
I want to die most days

by my calculations you're about 7.83% fucked

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Pay denbts you dumbass

Not owning real estate
100% fucked
Sorry buddy

Unironically
>Set up roth IRA. Set up a traditional IRA instead if you expect to be dirt poor or need to lower your tax bill today. Put the maximum amount into this IRA every year with safe boomer stuff, like index funds. If your employer offers any retirement incentives like 401k matching, max that shit out too
>Invest remaining money into stocks/ETFs, crypto, and save some money for day trading
>Always do the opposite of what Jow Forums says

Mfw 100% of my net worth is in LIT

I mean I wouldnt necessarily say drop your crypto but that's a lot for such a volatile asset. I'd at least shave it down to 75 percent and put it in some stable index fund or whatever unless you don't mind losing 90 percent of your income pretty quickly.

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> car

if you count your car in your net worth you are poor.

37
0 debt
15k crypto (link)

It's a bet!

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how do I calculate bet worth?
couldn't find it in investopedia