> decent job
> 2k a month in rent
> maxing out 401k
> feel good on the weekend but am absolutely miserable, anxious, depressed over the week due to work stress
How would you guys escape wageslavery in this situation? Please someone must have an answer I just want to be financially free
Just buy Chainlink already retard.
Here's what I'm doing in a very similar situation.
>saving as much money as I possibly can
>planning to move to a low cost of living place in 2-3 years
>at that point take a part time/chill job that just pays the bills, and let me nest egg grow over time so that I can retire comfortably
basically only another 2-3 years of wageslavery (already been doing it 3 years)
Jesus christ user just buy Chainlink and have it be over within the next 6 months.
What are you putting your money in? Nervous about any type of collapse in the near future? Also are you planning on having kids at any point
Dude.. do you think shilling like this helps or makes anyone think more highly of chainlink? Just stop
I currently have 60% US index, 20% international, and 20% bonds.
I am hoping I can get ~7% CAGR (after inflation of course), which would approximately double my money every 10 years.
So if for example my final "coast" nest egg is $250,000 and I am 30, then:
$500,000 at 40
$1,000,000 at 50
$2,000,000 at 60
If I don't touch the principal and just let it grow
I figure if there's a real collapse there are bigger problems. I can always go back to work. Also I would like to have kids at some point, so might have to save a bit more for that.
You either buy it or you kill yourself in a few months because you knew about it .
its a win/win for you
At least get a suicide stack dude, don't say we didn't warn you
Interesting you seem like a smart dude. Do you have any riskier investments or plan on real estate investing at all. Also do you work in tech
I do work in tech which definitely helps with job opportunities right now. I have a super small amount that I put in riskier investments like crypto, but it's super small compared to my net worth (like 3-4% max).
I think real estate is a solid choice. If I knew I was going to live in a single place for 5 years I would definitely try to buy a place. I did the math once and it seemed like 5 years was the breakeven point for my area for rent vs. buy (longer it's better to buy). Right now I've been moving around a bunch so just renting, but yeah real estate is solid.
i hope this thread is bait
It's going to $1000 easily, don't miss out. Haven't you heard people calling it the 4th industrial revolution? Think of how rich you could be.
how much is a suicide stack to sell at the top of the next bull run?
at least a few thousand linkies
I'm not shilling I am trying to help you, you fucking dimwit. Everyone kept saying "I thought Link was a meme, why did no one tell me" last time Link shot up, so now here I am telling you because it wont be too long before it does it again.
You want to fucking escape your wagie job, buy some fucking Link loser.
My god you stinkies are so deluded that you actually believe this. I'm glad you're young so you can learn from your stupidity
This is pathetic and boomer tier user. The market has already been in a decade long bullrun. It's long overdue for correction. Just one decade of bad luck or correction will seriously fuck you over for a long time user. I'd say your plan was risky.
But I am going to assume you are bullheaded about this and wont budge. So go right ahead, invest in those index's. But if you have 250k. Why not pull out 10k into Link and get 4-5k Stinkers, then you still have 240k in your index's. Then when you are 50 you can hate yourself for not buying more Link when that 5k Link stack is worth 50 times the value of your index portfolio kek.
It corrected last year idiot
You mean dipped. A proper market correction could take 5+ years.
DUDE JUST WAGESLAVE FOR 50 YEARS
L
M
A
O
Not sure what your point is? Of course there are years (and even decade long periods) where the returns are less than 7%!
My strategy is over THIRTY years. Here's some data of a 30-year rolling window since 1926. Look at the absolute lowest value... yes I think I will gladly take those odds.
>number always go up
enjoy the rope
You should ask yourself fundamentally why the US has had a great run for the past century.
For example, the people, the territory, the governance, and the resulting geopolitical dominance.
Then you should immediately realize John Bogle is dead.
I hope you are happy with your 12% gains when Chainlink is valued at 12k minimum in 2049 user.
Also what happened during the apparently "great" 1950's to cause that mini depression kek.
House hacking: buy a fourplex and rent 3 places out. Use a mortgage and cover the mortgage with the rent. Rinse and repeat till you own 25 fourplexes. Boom ur financially free. Then you can sell the 25 fourplexes and put it in a basket of reits then travel the world on 3-4% yield
I mean, yeah there's a chance the US economy collapses in the next 30 years. I personally think it's extremely unlikely though. If the US collapses I feel there would be bigger issues in my life compared to my finances...
I have nothing against chainlink and honestly hope everyone in Jow Forums makes it :) just too risky for me (I do have a 1k stack for fun though)
Oh your already a linklet, neat, you should have said so user. Don't worry you are gonna make it even if stocks go through another correction.
My bet is your 1k Link stack will be worth more than all your index funds, bonds and international investments combined by the time you are 60. Have a good day fren.