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Just passed $250,000 cash in my savings. - Printable Version

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+---- Thread: Just passed $250,000 cash in my savings. (/showthread.php?tid=5368498)

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* - theguysaccount - Aug 9, 2016

Nice job, what field do you work in and what percent of your income to you put to savings?


* - Fallenour - Aug 9, 2016

Take the 250k and use it to do a 20% down, 10/10, 7 year note on a business purchase.

That should buy you roughly a 2.5-3M dollar business.

Average net should be roughly around 1.2M after debt servicing and payroll for a manager to run it for you.


* - Confound - Aug 9, 2016

What a great achievement man. Keep up the incredible work.


* - Revenαnt - Aug 9, 2016

Very impressive, OP. Keep up the hard work. I am contemplating becoming a Software Engineer or simply majoring in CS.


* - TEMP_3159261 - Aug 9, 2016

save the 250k$ and just put it into apartments.
thats free money, collect rent.


* - GEEG - Aug 10, 2016

Good now invest the rest over 250k that in bonds or housing, because the govt only insures u for 250k


* - ΑXiS - Aug 10, 2016

(Aug 9, 2016 01:55 PM)st0nedpr0grammer Wrote:  I have about $1.8M in savings :). Some of which I got off deceased ancestors. But nice little stack you have there, probably the closest to me on HF currently?
Trust me, I know a lot of people on here that have surpassed you many times over.


* - st0nedpr0grammer - Aug 10, 2016

(Aug 10, 2016 07:54 AM)ΑXiS Wrote:  Trust me, I know a lot of people on here that have surpassed you many times over.

You care to share then names of such individuals? Also, care to mention if they obtained those funds through actual hard work and without stealing other peoples belongings?


* - ΑXiS - Aug 10, 2016

(Aug 10, 2016 09:43 AM)st0nedpr0grammer Wrote:  You care to share then names of such individuals? Also, care to mention if they obtained those funds through actual hard work and without stealing other peoples belongings?
I don't have a right to share their names against their wishes.

However, some through hard work, some through inheritance, some through means that can't be discussed on here.


* - Circle-- - Aug 10, 2016

(Aug 10, 2016 07:54 AM)ΑXiS Wrote:  Trust me, I know a lot of people on here that have surpassed you many times over.

Exactly what I was thinking. You never know who you're talking to on the internet.


* - Heartboy - Aug 10, 2016

God damn, this is beautiful man. Keep up the great work. I hope to follow down the same path to success. God luck on your future endeavors! 🤝


* - Diaxin - Aug 10, 2016

Very nice bro not inspect element definitely!!


* - JASON AND MEDEA - Aug 10, 2016

Great savings m'dude. What is your main source of income?


* - st0nedpr0grammer - Aug 10, 2016

(Aug 10, 2016 06:35 PM)Circle-- Wrote:  Exactly what I was thinking. You never know who you're talking to on the internet.

We can be sure that 99% of the time it's a fat 12 year old trying to make money on the Internet.


* - ChineseFountain - Aug 11, 2016

(Aug 10, 2016 06:41 PM)Conor McGregor Wrote:  Great savings m'dude. What is your main source of income?

My full time job as a software engineer.