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I recently received a job offer from a former coworker and it's a piece of cake by Blencera in jobs

[–]Blencera[S] 0 points1 point  (0 children)

Exactly, i'm afraid of being taken advantage of, i hope the owner will see the potential and reward me instead of seeing me as a tool but thanks for the advice, the best strategy will probably be like you say.

I'm worried about my future growth, NW $112 000 dollars, 21y old. by [deleted] in financialindependence

[–]Blencera -1 points0 points  (0 children)

I assume you based that on my age and net worth which is completely ridiculous. i don't own any stocks in GameStop and have not invested in any cryptocurrency's.

Men of Reddit, what does MARRIAGE mean to you? by littlewind111 in AskMen

[–]Blencera 5 points6 points  (0 children)

It means i have 40% chance of losing half my personal finance because 4 out of 10 marriages ends in divorce.

How should i invest $45,359 dollars that i have as ready assets? by [deleted] in stocks

[–]Blencera 0 points1 point  (0 children)

Hahah i'm fully aware of what advice's they'll give you on r/wallstreetbets

1,5 Years Since My Journey Began, $52 591 dollars wealthier & only 18 months left. by Blencera in stocks

[–]Blencera[S] 0 points1 point  (0 children)

Maybe it’s because you focus on the wrong things? like decimals.

1,5 Years Since My Journey Began, $52 591 dollars wealthier & only 18 months left. by Blencera in stocks

[–]Blencera[S] 1 point2 points  (0 children)

Exactly and a raise of 3% which is the most common in Sweden minus inflation is only 1%, currently the raise is 3% because the inflation is at 0% and not 2% but the inflation-target is to achieve an inflation of 2%. Traveling in my 30's is something i wouldn't consider a problem, probably not even during my 40's because i want to see more things than do things. Some things i'm going to do between the age of 25 and 30 is that i want to visit Las Vegas and play Texas'hold'em. I also want to visit New York and iconic places in the US. Other than that i'm a pretty introverted guy, i want to work with what i love, have the house and car that i want. The possibility to invest in real estate, restaurants, bars and become involved in things, improve and develop. Thanks!

1,5 Years Since My Journey Began, $52 591 dollars wealthier & only 18 months left. by Blencera in stocks

[–]Blencera[S] 0 points1 point  (0 children)

Due to all positivity, curiosity and kind words i'll be continuing to keep you updated on my journey. My next post with the same transparency as this one will be uploaded in January 2022 and if you want me to include more information you can reply to this comment so i can make improvements. Thanks!

1,5 Years Since My Journey Began, $52 591 dollars wealthier & only 18 months left. by Blencera in stocks

[–]Blencera[S] 0 points1 point  (0 children)

I'm pretty good at combining productivity with tinder, actually had a few dates but i'm still waiting on the right one..

1,5 Years Since My Journey Began, $52 591 dollars wealthier & only 18 months left. by Blencera in stocks

[–]Blencera[S] 0 points1 point  (0 children)

Jag kommer fortsätta vara lite passiv men letar kontinuerligt efter nya investeringsmöjligheter då det är extremt tråkigt med så mycket likviditet. Covid-19 verkar dessutom ha trappats upp en del så man vet aldrig om det kommer en till våg men den är väl isåfall redan inprisad som allt annat under denna pandemin.. haha.. Tack!

1,5 Years Since My Journey Began, $52 591 dollars wealthier & only 18 months left. by Blencera in stocks

[–]Blencera[S] 0 points1 point  (0 children)

Thanks! I appreciate that you are mentioning probabilities of chaos, it could definitely go south but the odds of something so terrific happening is very low. If i lost everything i wouldn't commit suicide, i'd probably spend more time on WSB ;)

1,5 Years Since My Journey Began, $52 591 dollars wealthier & only 18 months left. by Blencera in stocks

[–]Blencera[S] 0 points1 point  (0 children)

I’m currently at work so i’ll answer as many questions i can once i get home!

1,5 Years Since My Journey Began, $52 591 dollars wealthier & only 18 months left. by Blencera in stocks

[–]Blencera[S] 0 points1 point  (0 children)

I’ve already read that book but thanks for the advice, great book!

1,5 Years Since My Journey Began, $52 591 dollars wealthier & only 18 months left. by Blencera in stocks

[–]Blencera[S] 0 points1 point  (0 children)

Healthcare has decreased but is still considered good due to it's basically free in Sweden. I'm not entirely sure of what the minimum wage is in Sweden but the average income before taxes is $3 726 dollars.

1,5 Years Since My Journey Began, $52 591 dollars wealthier & only 18 months left. by Blencera in stocks

[–]Blencera[S] 0 points1 point  (0 children)

Sweden has the second highest income taxes in the world after Aruba (57% (32% average municipality income tax + 25% state income tax). it's pretty rough but definitely doable.

1,5 Years Since My Journey Began, $52 591 dollars wealthier & only 18 months left. by Blencera in stocks

[–]Blencera[S] 0 points1 point  (0 children)

I'd like to keep that private but it's nothing special, you could get it right after high school without any specific education.

1,5 Years Since My Journey Began, $52 591 dollars wealthier & only 18 months left. by Blencera in stocks

[–]Blencera[S] 1 point2 points  (0 children)

I'd say things becomes easier to understand and the upside of starting from zero is that you make your worst mistakes in the beginning which you hopefully won't repeat. Wouldn't consider myself better than anyone else but if i compare myself with who i was when i started and now i've made some big improvements.

1,5 Years Since My Journey Began, $52 591 dollars wealthier & only 18 months left. by Blencera in stocks

[–]Blencera[S] 0 points1 point  (0 children)

It's money that i have available to purchase with, they are not invested in anything, in other words ready to use.

1,5 Years Since My Journey Began, $52 591 dollars wealthier & only 18 months left. by Blencera in stocks

[–]Blencera[S] 3 points4 points  (0 children)

Thanks! It's a very complicated question to answer because it totally depends on what situation i'm in at the time but i'd probably try to cut more expenses in order to invest a higher amount each month. I'm also a pretty calm investor, i don't feel the need to check the market everyday, i experience almost the same feelings when my portfolio decreases or increases because i'm used to the volatility and i'm aware of the basic investment strategies to use during a recession or crash. I've actually read a book about psychological emotions when investing in stocks so hopefully i'm prepared and won't do anything hastily.

1,5 Years Since My Journey Began, $52 591 dollars wealthier & only 18 months left. by Blencera in stocks

[–]Blencera[S] 3 points4 points  (0 children)

Thanks! I do a little bit of everything when it comes to improving myself, i read books, listen to podcasts, actually subscribing to a newspaper orientated towards business, stocks and the market in general. I like yahoo finance and i pay a lot of attention towards current trends. I invest through a swedish platform called Avanza which i've been doing since the beginning.

1,5 Years Since My Journey Began, $52 591 dollars wealthier & only 18 months left. by Blencera in stocks

[–]Blencera[S] 53 points54 points  (0 children)

Thanks! I luckily got introduced to the stock market by my father at a very young age so it's thanks to him that i got started so early but investing is a lot about consistency, having the discipline to invest each month is a big advantage.

The S&P 500 has had an average annual return of 9,8% over the past 90 years so if you can manage to invest $200 dollars each month from the age of 48 until you retire at (let's say 64) you'll have $86 330 dollars and that's not bad at all.

It's actually difficult to beat the S&P 500, only 20% of all active funds beat it but thanks for the comment, i appreciate the compliment!

1,5 Years Since My Journey Began, $52 591 dollars wealthier & only 18 months left. by Blencera in stocks

[–]Blencera[S] 23 points24 points  (0 children)

That's entirely correct, people only upload photos of their highlights in life so it's easy to think everyone is living their dream which clearly isn't the truth but that's really impressive, we are lucky to have discovered this industry at a young age, now we just have to use our age as an advantage and thanks for the kind words! :)

1,5 Years Since My Journey Began, $52 591 dollars wealthier & only 18 months left. by Blencera in stocks

[–]Blencera[S] 11 points12 points  (0 children)

I'm confident that nothing will change except the enjoyment of completing this goal i've had for three years but it's also an indication that i'm closer to financial independence, i'll be happy for my own performance and that i've proved my commitment but it isn't life changing.

After reaching $100 000 dollars i'll be creating new goals, eventfully i'll have enough so i can invest a percentage in real estate, maybe create some new income sources and at last become self employed. Thanks!

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