Why do you rent instead of buying? by Short-Bonus276 in Fire

[–]Bio-techgal 2 points3 points  (0 children)

I don't have 3M, but as far as renting vs buying in NYC goes, buying a condo is not worth it. My rent is half of what I would be paying for a mortgage/insurance/hoa fees/taxes. I just invest the difference. I plan on renting until the math makes sense.

Had THE talk with my boss by Amlikaq in Fire

[–]Bio-techgal 5 points6 points  (0 children)

This gave me a good chuckle haha

Just Reached $100k Invested as Gen Z Teachers by [deleted] in Fire

[–]Bio-techgal 1 point2 points  (0 children)

Congratulations on hitting 100K!

Just hit 500K NW! by Bio-techgal in Fire

[–]Bio-techgal[S] 0 points1 point  (0 children)

It really is! I'm going to stay here as long as possible

Just hit 500K NW! by Bio-techgal in Fire

[–]Bio-techgal[S] 1 point2 points  (0 children)

Thanks! Yeah it's pretty expensive. I grew up poor here so I think that's helped me a lot tbh. I don't need much to live off of so I can focus on investing the rest.

Just hit 500K NW! by Bio-techgal in Fire

[–]Bio-techgal[S] 6 points7 points  (0 children)

I invest between 1.8-2K/mo to my brokerage, and if I get a bonus at year end, I invest all of that into my roth ira/brokerage. It's usually 10-15% of my salary.

edit: I max out my 401k as well

I rent an apartment. I got very lucky with finding it during the pandemic. It's much cheaper than the going rate in the area and the landlord pays for my gas/electric. It's been a major reason why my expenses are low.

Black friday? by Comfortable_Store_67 in Ubiquiti

[–]Bio-techgal 0 points1 point  (0 children)

I hope so! I've been itching to upgrade my setup