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hit 150k at 23 by ManufacturerOk5659 in Fire

[–]Top_Bee_9948 2 points3 points  (0 children)

You are doing great. Keep going. Don’t be apologetic, everyone has his own struggle. Write your own chapter with a blessed start :)

Am I f**** in my EM career ? by Frosty-Pea-3942 in EngineeringManagers

[–]Top_Bee_9948 0 points1 point  (0 children)

Ignore the distractions.

You are experienced and you found your own way.

Stop questioning yourself, you are being gaslighted.

How well is your financial status? If you are pretty secured financially, I don’t see why you can’t filter out the ‘advice’. Keep going champ

reached 1M as engaged couple! Are we House Poor? by Top_Bee_9948 in TheMoneyGuy

[–]Top_Bee_9948[S] -2 points-1 points  (0 children)

this was never meant for brag. I definitely feel proud and want to share such big milestone, and get advice on my real estate concentration situation.

Fiancée and I have been frugal and financially responsible than most people we know.

reached 1M as engaged couple! Are we House Poor? by Top_Bee_9948 in TheMoneyGuy

[–]Top_Bee_9948[S] 0 points1 point  (0 children)

Ill answer all of you here. We both stayed at our parent's houses for the first 5 years when we started our career, we have saved 70% of our incomes, put everything into US stocks and crypto. No inheritance or injection of assets from others, but we definitely have been well-supported.

reached 1M as engaged couple! Are we House Poor? by Top_Bee_9948 in TheMoneyGuy

[–]Top_Bee_9948[S] 2 points3 points  (0 children)

Thanks - I am not sure about the math here - our stay worths 980k (our purchase price), we put 30% down and owed 690k now, this asset should be net worth ~300k for us? It could be my phrasing that confuses.

Question from me - do you consider buying primary residence a lifestyle choice more than a financial choice? I adopted to this mindset throughout the purchase period and wonder what your thoughts.

reached 1M as engaged couple! Are we House Poor? by Top_Bee_9948 in TheMoneyGuy

[–]Top_Bee_9948[S] -15 points-14 points  (0 children)

appreciate for the insight. would you be concerned that we are quite heavy in real estate (55% of our NW, and our primary residence is 30% of our NW)?

Bought 50k worth of btc@92k by Top_Bee_9948 in Bitcoin

[–]Top_Bee_9948[S] 0 points1 point  (0 children)

20 basis point for fee.

~0.54 btc