The most prestigious law school admissions discussion board in the world.
|
 |
 
|
*****April 1 Net Worth Check in*****
Poast new message in this thread
Date: April 1st, 2017 10:38 AM Author: shaky khaki ladyboy Age; NW; Job
27
85k (55k is in ETH)
75k consulting |
 |
Date: April 1st, 2017 10:40 AM Author: Coiffed office Bro... JFC... (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968453) |
|
Date: April 1st, 2017 10:40 AM Author: shaky khaki ladyboy ??? (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968455) |
|
Date: April 1st, 2017 10:41 AM Author: Coiffed office You can't put 60% of your net worth in a spec play on cryptocurrency (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968459) |
|
Date: April 1st, 2017 10:43 AM Author: shaky khaki ladyboy here's my thinking - if i lose it all my life doesn't change much in the long run. I'll have to work a year longer or whatever. now, if it blows up (or even increases to say $200) it changes my life and i could probably move back to hometown and start a biz, buy a house etc. im completely OK with losing my whole investment. at some point you have to embrace some kind of risk. ethereum is a risk ive taken and so far its been 180 (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968465) |
|
Date: April 1st, 2017 10:43 AM Author: Dun Insecure Market Fuck yeah bro let it ride (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968470) |
|
Date: April 1st, 2017 10:47 AM Author: shaky khaki ladyboy (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968483) |
|
Date: April 1st, 2017 11:32 AM Author: unholy useless brakes It was probably like 20 percent when he started. (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968729) |
|
Date: April 1st, 2017 12:05 PM Author: shaky khaki ladyboy cr (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968901) |
|
Date: April 1st, 2017 5:16 PM Author: Pungent Native Fanboi He's fine because he said he stands to inherit millions later on.
A lot easier to do these extremely high risk/high reward type deals when you know you have a guaranteed safety net to radially alleviate most of the risk. |
|
Date: April 1st, 2017 6:55 PM Author: shaky khaki ladyboy not guaranteed but likely get something (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32971343) |
|
Date: April 1st, 2017 9:44 PM Author: Coiffed office Ah, that makes sense (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32972456) |
|
Date: April 1st, 2017 11:49 PM Author: amethyst university lol. such courage, such conviction...
oh n/m he's a rich kid |
|
Date: April 1st, 2017 6:20 PM Author: Comical glassy queen of the night (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32971135) |
|
Date: April 1st, 2017 7:58 PM Author: Wine big stain The fuck, peterman? Pull $5500 from ETH and put it into a Roth IRA right now (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32971777) |
|
Date: April 1st, 2017 7:59 PM Author: shaky khaki ladyboy if im going back to school better to do traditional and then roth conversion when im in school. but yeah, i max out IRA every year (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32971787) |
|
Date: April 29th, 2018 10:22 PM Author: diverse french chef shitlib nice (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#35947320) |
Date: April 1st, 2017 10:42 AM Author: turquoise tanning salon reading party (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968461) |
|
Date: April 1st, 2017 10:43 AM Author: navy tantric circlehead 28 305k Finance |
|
Date: April 1st, 2017 10:49 AM Author: shaky khaki ladyboy unggg (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968495) |
|
Date: April 1st, 2017 10:44 AM Author: Dun Insecure Market 30
25k
Fin/Accting |
|
Date: April 1st, 2017 10:45 AM Author: Galvanic lavender digit ratio theatre 345k, attorney, 32. Thanks trump rally! (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968475) |
|
Date: April 1st, 2017 10:49 AM Author: shaky khaki ladyboy (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968499) |
|
Date: April 1st, 2017 10:56 AM Author: trip blue factory reset button About 500k, early 30s, inhouse (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968532) |
|
Date: April 1st, 2017 10:59 AM Author: boyish son of senegal corner 26, 100k, Journalism (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968546) |
|
Date: April 1st, 2017 11:00 AM Author: shaky khaki ladyboy inheritance? a year ago you had like 60k (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968554) |
|
Date: April 1st, 2017 11:06 AM Author: boyish son of senegal corner 40k in a year isn't an unreasonable gain. I save more than 20k per year and the market improved. (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968594) |
|
Date: April 1st, 2017 11:12 AM Author: shaky khaki ladyboy (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968628) |
|
Date: April 1st, 2017 11:16 AM Author: boyish son of senegal corner ...are you retarded? (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968648) |
|
Date: April 1st, 2017 11:17 AM Author: shaky khaki ladyboy (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968652) |
|
Date: April 1st, 2017 11:01 AM Author: Snowy Out-of-control Pit 35, -150K or so, lolyer (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968561) |
|
Date: April 1st, 2017 11:02 AM Author: shaky khaki ladyboy what age did you grad law school>? (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968563) |
|
Date: April 1st, 2017 11:05 AM Author: Snowy Out-of-control Pit 28 (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968585) |
|
Date: April 1st, 2017 11:19 AM Author: shaky khaki ladyboy spendmo? (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968661) |
|
Date: April 1st, 2017 11:05 AM Author: thriller sex offender nowag 36, $475k, fedgov lawyer (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968584) |
|
Date: April 1st, 2017 12:18 PM Author: fragrant cuck pocket flask How so much in fedgov? Take bribes? (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968940) |
|
Date: April 1st, 2017 2:08 PM Author: thriller sex offender nowag Parents gave me their house. No rent or mortgage since law school. (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32969680) |
|
Date: April 1st, 2017 2:12 PM Author: godawful casino windowlicker Wtf why (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32969707) |
|
Date: April 1st, 2017 2:18 PM Author: thriller sex offender nowag Let me clarify. I don't own the house, so it's not part of net worth. My parents own it free and clear, but they're off doing stuff most of the time. So I live here, look after everything, and save money. (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32969758) |
|
Date: April 1st, 2017 2:20 PM Author: godawful casino windowlicker Makes more sense (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32969767) |
|
Date: April 1st, 2017 8:12 PM Author: multi-colored gaped faggot firefighter volcanic crater nice (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32971853) |
|
Date: April 1st, 2017 11:09 AM Author: nofapping antidepressant drug 28, lawyer w/ spending problems, about 110k (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968615) |
|
Date: April 1st, 2017 11:10 AM Author: Haunting location roommate 985K, 34 yr old lawyer (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968622) |
|
Date: April 1st, 2017 11:12 AM Author: shaky khaki ladyboy Jfc (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968629) |
|
Date: April 1st, 2017 9:48 PM Author: sapphire whorehouse LMAO (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32972480) |
|
Date: April 1st, 2017 9:53 PM Author: godawful casino windowlicker 180 bro
You're going to NEETmo at 1 mill right? Or is that someone else? |
|
Date: April 1st, 2017 10:13 PM Author: Haunting location roommate ty friend
that's me, but it's still a bit in the distance bc i need the 1 mil to be liquid (preferably in equity index funds) . . . i estimate a few years of savings to get there but i see the light at end of the tunnel |
|
Date: April 2nd, 2017 12:17 AM Author: godawful casino windowlicker 180. At least you can sell your house and prob get there soon.
You're way ahead of the game. My goal is to NEETmo by 45-50. |
|
Date: April 1st, 2017 11:12 AM Author: pink headpube therapy My brother just sold the family business and I had equity so you would cry like little bitches if I told you so I wont :-)
|
|
Date: April 1st, 2017 11:22 AM Author: Rebellious sneaky criminal 100k to 150k
36 |
|
Date: April 1st, 2017 11:22 AM Author: ivory swashbuckling range puppy 25, -20K, gov't (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968674) |
|
Date: April 1st, 2017 11:30 AM Author: hideous bistre stead pistol (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968718) |
|
Date: April 1st, 2017 11:31 AM Author: Stirring Rusted Parlor Mid 30s, 860k, biglaw (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968723) |
|
Date: April 1st, 2017 11:35 AM Author: zippy lettuce this is the first net worth thread since I bought a house. How do I add my mortgage debt into net worth? Do I just subtract it as debt? (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968745) |
|
Date: April 1st, 2017 11:37 AM Author: Rebellious sneaky criminal Rule of thumb is Zillow zestimate minus debt. I cut our zillow zestimate in half before i did this, but thats only because i think the zestimate is wrong. (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968764) |
|
Date: April 1st, 2017 12:05 PM Author: aphrodisiac misanthropic garrison ape Problem with using home equity is that liquidation won't net the full value of equity because of the retarded transaction costs in selling a home (agent fees, closing costs borne by seller) (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968899) |
|
Date: April 1st, 2017 8:12 PM Author: Bespoke Motley Ticket Booth You could always sell by owner. Same as you would take a penalty on your 401k unless you did a 72(t) or roth conversion ladder (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32971855) |
|
Date: April 1st, 2017 11:58 AM Author: Glittery kitchen 28, lolyer, -5k (40k 401k, 15k coh, -50k debt) (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968859) |
|
Date: April 1st, 2017 12:02 PM Author: aphrodisiac misanthropic garrison ape Low 30s ~$150k including equity in home, but close to $100k in cash. Student loans fucking up this calculation. Solo attorney
Should I buy a rental property as an investment? |
|
Date: April 1st, 2017 12:30 PM Author: razzmatazz purple school organic girlfriend Rentals have been good to me, if you can find one that cash flows and get good financing I say go for it. The numbers only work in certain parts of the country though (generally secondary cities not located in California). (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32969050) |
|
Date: April 1st, 2017 12:05 PM Author: razzmatazz purple school organic girlfriend mid-30s, $415K, non-lawyer, doesn't include residence.
About half of that is equity in investment real estate and another $150K is between 401k and Roth IRA.
Likely to inherit $2-4MM eventually depending upon how much parents boom. Pretty sure they won't liquidate the real estate so that's the low end estimate, but beyond that all bets are off. |
|
Date: April 1st, 2017 12:15 PM Author: Cerebral Burgundy Locale 27, mobile apps ~$80 million (ie. more than the sum of the net worths of every other poaster) |
|
Date: April 1st, 2017 12:18 PM Author: Twinkling crotch but you're asian so....wah wah (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968946) |
|
Date: April 1st, 2017 12:19 PM Author: Cerebral Burgundy Locale ie. the master race (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968950) |
|
Date: April 1st, 2017 12:21 PM Author: Twinkling crotch (NOWAG-except-for-$) (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968975) |
|
Date: April 1st, 2017 12:21 PM Author: brindle home private investor (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968977) |
|
Date: April 1st, 2017 12:21 PM Author: hyperactive talented box office place of business 1PaXuBcoeX2t6LbFKud3xKidaX97sSbhPD (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32968972) |
|
Date: April 11th, 2017 7:49 AM Author: odious idiotic dragon (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#33045626) |
|
Date: April 1st, 2017 12:29 PM Author: Gold Laughsome Boiling Water :( (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32969042) |
|
Date: April 1st, 2017 12:20 PM Author: Harsh Alpha Indirect Expression 32 yo 100k liquid 553k in home equity
software eng |
|
Date: April 1st, 2017 12:29 PM Author: Gold Laughsome Boiling Water 13 (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32969038) |
|
Date: April 1st, 2017 12:50 PM Author: beady-eyed sooty idea he suggested address 38
571k (700 if you include home equity)
Senior biglaw associate at a firm that doesn't pay lockstep |
|
Date: April 1st, 2017 1:27 PM Author: Aromatic obsidian haunted graveyard stage $1.1 million, mid-30s, lawyer (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32969439) |
|
Date: April 1st, 2017 10:06 PM Author: razzmatazz purple school organic girlfriend All from law? (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32972574) |
|
Date: April 1st, 2017 1:32 PM Author: bearded high-end national security agency stock car ~420k, mid-30s, biglaw (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32969477) |
|
Date: April 1st, 2017 1:47 PM Author: sexy temple halford 33, -$350k, unemployed lawyer (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32969555) |
|
Date: April 1st, 2017 1:48 PM Author: shaky khaki ladyboy whats your story? school range? (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32969562) |
|
Date: April 1st, 2017 2:14 PM Author: hyperactive talented box office place of business shutup...is one random data point really going to change your decision (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32969730) |
|
Date: April 1st, 2017 2:15 PM Author: godawful casino windowlicker For peterwoman, yes (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32969735) |
|
Date: April 1st, 2017 5:14 PM Author: sexy temple halford T6 school got ite pwned and never recovered. Don't go. (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32970793) |
|
Date: April 1st, 2017 6:56 PM Author: shaky khaki ladyboy sorry bro . you could still maek it (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32971353) |
|
Date: April 1st, 2017 7:10 PM Author: godawful casino windowlicker Have you ever had a jerb (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32971456) |
|
Date: April 1st, 2017 9:38 PM Author: sexy temple halford I had a better jerb before lol school. (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32972427) |
|
Date: April 1st, 2017 8:11 PM Author: brindle home private investor :(
what do you do |
|
Date: April 1st, 2017 9:37 PM Author: sexy temple halford I've done doc review and some random gigs. Respectable firms won't even interview me. (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32972417) |
|
Date: April 1st, 2017 9:41 PM Author: godawful casino windowlicker why not volunteer at a non profit and try to land a full time jerb in the non profit sector? that's how my non profit friends did it (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32972441) |
|
Date: April 1st, 2017 9:45 PM Author: sexy temple halford Are you a woman? I don't think I'd be able to stick it out 10 years at a non profit, if that program even continues. (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32972462) |
|
Date: April 1st, 2017 9:50 PM Author: godawful casino windowlicker Yes, I am
Literally 90% of the people I know who got a full time job at a non profit did the volunteer route
Just use it as a stepping stone to something else. Do litigation at a non profit or whatever and then go to a small firm. Right now you are literally untouchable since you have no work experience. |
|
Date: April 1st, 2017 1:52 PM Author: Internet-worthy Very Tactful Macaca Sanctuary 32, $325k, lolyer
I have $120k in cash that i have no idea what to do with. Please help |
|
Date: April 1st, 2017 2:09 PM Author: godawful casino windowlicker Late 20s/early 30s, fed gov lawyer, 280k net worth (liquid and 401k) (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32969690) |
|
Date: April 1st, 2017 2:30 PM Author: Aqua domesticated house internal respiration 33 $85k F500 analyst |
|
Date: April 1st, 2017 2:36 PM Author: avocado house-broken incel church 29
580k
Botique law
I graduated from law school with a full ride as a k-Jd and have lived like a college student since. I am still single and considering whether I want to strive and have a family or just retire and live cheaply. |
|
Date: April 1st, 2017 5:14 PM Author: excitant trump supporter 28 -190k biglawyer (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32970790) |
|
Date: April 1st, 2017 5:25 PM Author: Clear Exciting Forum Karate 33, 650k (+equity which is worth ~ 8m on paper lol), startup founder (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32970833) |
|
Date: April 1st, 2017 6:14 PM Author: spectacular emerald gas station Damn, the dream. Do you hope to take anything off the table prior to exit in a secondary? Do you hold Series FF or anything like that? Is there a solid path to an exit? (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32971096) |
|
Date: April 1st, 2017 6:41 PM Author: Clear Exciting Forum Karate Eh, I think it is all FAKE NEWS until I have an exit and I don't really optimize for anything other than continuing to do what I'm doing while retaining control. I'd rather not secondary unless I was 100m+ in valuation, so I have a long way to go. (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32971244) |
|
Date: April 1st, 2017 6:53 PM Author: spectacular emerald gas station Rooting for you. That's awesome. Impressive self-control. (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32971332) |
|
Date: April 1st, 2017 6:58 PM Author: Clear Exciting Forum Karate I don't care about money much. I like doing what I like doing and I'm willing to live in a hovel to do it. It just happens what I'm interested in makes for decent business right now.
Leaving law was clearly the wrong choice from the financial side. I was pretty set over there (junior associate w/ 500k+ book of recurring business growing each year). Worked almost entirely on my own matters my third year. I just didn't like it much. |
|
Date: April 1st, 2017 6:55 PM Author: shaky khaki ladyboy 180 (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32971347) |
|
Date: April 1st, 2017 7:02 PM Author: Clear Exciting Forum Karate I forwarded your stuff. Let me know if you don't hear back in a week or so and I'll poke them again. (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32971404) |
|
Date: April 1st, 2017 7:58 PM Author: shaky khaki ladyboy dude, thank you so much (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32971783) |
|
Date: April 1st, 2017 11:53 PM Author: concupiscible cumskin legal warrant 180 bro, 180! (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32973194) |
|
Date: April 1st, 2017 5:53 PM Author: submissive chapel deer antler 30, $33k, portfolio manager (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32970980) |
|
Date: April 1st, 2017 8:19 PM Author: navy tantric circlehead Is this a weird euphemism for financial advisor? (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32971891) |
|
Date: April 1st, 2017 8:25 PM Author: submissive chapel deer antler no (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32971930) |
|
Date: April 1st, 2017 6:14 PM Author: Narrow-minded Corn Cake paye (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32971102) |
|
Date: April 1st, 2017 6:18 PM Author: Green yarmulke 34, 96k, lolyer (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32971130) |
|
Date: April 1st, 2017 6:24 PM Author: cobalt rigor field 36, $310k nw, TTT grad lawyer (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32971147) |
|
Date: April 1st, 2017 6:55 PM Author: shaky khaki ladyboy 180 (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32971344) |
|
Date: April 1st, 2017 7:01 PM Author: appetizing cyan old irish cottage *waits for earl and nutella* (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32971397) |
|
Date: April 1st, 2017 8:03 PM Author: odious idiotic dragon 30, 750 w/o inheritance, law (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32971809) |
|
Date: April 2nd, 2017 12:24 AM Author: Jet blathering pozpig (dude who put 200k into ETH straight cash) (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32973340) |
|
Date: April 1st, 2017 8:03 PM Author: Contagious know-it-all messiness striped hyena mid 30's BIGLAW lawyer...
100K in 401K
Equity in Current Property: 70K
Equity in Rental Property: 220K
Cash on Hand: 25K
No debt.
|
|
Date: April 1st, 2017 8:04 PM Author: Internet-worthy Very Tactful Macaca Sanctuary how do you have more equity in a rental property than your own? (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32971813) |
|
Date: April 1st, 2017 8:06 PM Author: Contagious know-it-all messiness striped hyena I used to live in the rental property, then moved to a different city but kept it and rented it out.
My life goal right now is to pay it off quickly and then have free and clear money coming in for the rest of my life. I owe about 220K on it right now. It brings in about 2500 a month in rental income, though after taxes and other costs that's more like 1600-1700 a month... but still... |
|
Date: April 1st, 2017 8:07 PM Author: Internet-worthy Very Tactful Macaca Sanctuary do you use a management company to manage it? (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32971830) |
|
Date: April 1st, 2017 8:13 PM Author: Contagious know-it-all messiness striped hyena no I basically just rent to chill low maintenance people that don't complain unless something genuinely goes wrong, and just charge them a little bit less than the going rate. the cheap rent also means less turnover so I don't have to worry about constant new renters that might not pay. (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32971861) |
|
Date: April 1st, 2017 10:10 PM Author: razzmatazz purple school organic girlfriend Amen bro. Way to do it. I hope to never sell any property I acquire. Depreciate that right to zero over 27.5 years and let my heirs take the step up in basis.
How much does the property cash flow after mortgage and all expenses? |
|
Date: April 2nd, 2017 12:13 AM Author: Contagious know-it-all messiness striped hyena thanks bro. unfortunately the cash flow is negative because it was on a 15 year mortgage before I moved out. I decided not to switch to a 30 year because of the transaction costs involved. But I only have 8 years left on the mortgage til it's paid off... and if I make extra payments I can probably cut that down to 4 years. (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32973300) |
|
Date: April 1st, 2017 8:04 PM Author: Sepia heady nursing home sweet tailpipe 25, $25.57 in bank, 12k in debt, have an old 5k violin i can sell if need be and jobless rn (still a senior) (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32971814) |
|
Date: April 1st, 2017 8:07 PM Author: shaky khaki ladyboy keep your violin and just work at restaurant and be a tutor for a bit to get some safety net (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32971832) |
|
Date: April 1st, 2017 8:11 PM Author: Sepia heady nursing home sweet tailpipe Got a job in september
parents paying my rent while still in school
got a side job w/ the said full time job for now and getting some spending money (not proud of it)
|
|
Date: April 1st, 2017 8:14 PM Author: Comical glassy queen of the night (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32971863) |
|
Date: April 1st, 2017 8:15 PM Author: Crimson cracking parlour ceo mid 20s
-40K
absolutely pathetic contract work
i should really kill self. |
|
Date: April 1st, 2017 10:44 PM Author: Adulterous Cuckold same brother (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32972798) |
|
Date: April 1st, 2017 8:46 PM Author: Supple canary philosopher-king trailer park Age 32
NW: 1.2MM (with wife)
4 years Biglaw plus inhouse for last 2 years. Wife earns 150k in sales.
breakdown:
250k home equity 250k taxable accts 150k rental prop 450k 401k/iras/roth 100k misc (hsa, 529, etc.) |
|
Date: April 1st, 2017 8:52 PM Author: Wine big stain 31, -230k (60k cash + 290k debt), radiologist in last couple months of training
Looking to get 200k loans erased from IBR |
|
Date: April 1st, 2017 9:38 PM Author: godawful casino windowlicker Won't it be more like 300-400k loans erased with IBR? It doesn't make sense to pay a ton per month AND have to pay the tax bomb (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32972421) |
|
Date: April 1st, 2017 10:05 PM Author: Wine big stain I'm already on my 6th year, 6.4% interest rate (can't refinance my loans)..I'm paying just 15% until it is forgiven. At this rate it comes out to 190K forgiven.
Actually when my salary goes up on my 2018 tax returns, I get switched to a qualified payment capped out at what would have been the payment under a 10 year standard plan based on my ORIGINAL balance from 2011. It doesn't make sense, as it benefits high earners, but those are the rules. |
|
Date: April 1st, 2017 10:06 PM Author: godawful casino windowlicker weird, so what's the total repayment including the 15% over 20 years plus the tax bomb?
would it make more sense to work for a "public sector" hospital and get it PLSFed? I think the pay's a bit lower, but you get it forgiven in 10 years without a tax bomb, i believe |
|
Date: April 1st, 2017 10:19 PM Author: Wine big stain Oh yea, I should have clarified, I am going to be working at a 501c, so I'm excited to get these loans eliminated in 4.5 years from now (I made some careless mistakes in earlier and lost a few qualified payments). And no tax bomb.
I had to take a pay cut, and am making ~100k less than I would have in private practice, so it kind of evens out. When my loans are forgiven, my pay capped out at 400k in a couple years (shitty for radiology), I'll have to consider walking away. I'd rather be making 700k in Florida. |
|
Date: April 1st, 2017 10:27 PM Author: godawful casino windowlicker I thought radiologists make like 350k on average?
But yeah PLSF makes more sense |
|
Date: April 1st, 2017 10:36 PM Author: Wine big stain Average for a full-time male radiologist is probably closer to 500k (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32972763) |
|
Date: April 1st, 2017 10:37 PM Author: godawful casino windowlicker So most jobs are part-time?
How much do average anesthesiologists make? |
|
Date: April 1st, 2017 11:44 PM Author: Wine big stain No, a lot of women do part-time
Gas is 250 starts in metro areas, goes over 500k in sticks |
|
Date: April 1st, 2017 11:53 PM Author: godawful casino windowlicker Does gas mean general anesthesiology (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32973192) |
|
Date: April 1st, 2017 10:46 PM Author: navy tantric circlehead Concerns about radiology getting automated away? Read some article about AI (IBM Watson, maybe?) being way more accurate (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32972810) |
|
Date: April 1st, 2017 11:47 PM Author: Wine big stain That will not happen in near future so I don't care. (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32973163) |
|
Date: April 1st, 2017 11:48 PM Author: Wine big stain that will never happen, ever (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32973167) |
|
Date: April 1st, 2017 8:53 PM Author: Magical brunch 37/journalist/poor (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32972099) |
|
Date: April 1st, 2017 9:34 PM Author: godawful casino windowlicker Just combine it with your husband's net worth (and parents gifts) like the biglaw partner bro below (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32972399) |
|
Date: April 1st, 2017 9:46 PM Author: curious well-lubricated meetinghouse trust fund i thought you were an investment banker with a penchant for risk (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32972466) |
|
Date: April 1st, 2017 9:30 PM Author: Hyperventilating lascivious hospital Late thirties
1.4 MM plus home equity of maybe 300k (hard to say for sure).
1st year biglaw partner |
|
Date: April 1st, 2017 9:31 PM Author: Contagious know-it-all messiness striped hyena how the hell did you save that much when you just made partner? (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32972374) |
|
Date: April 1st, 2017 9:32 PM Author: Hyperventilating lascivious hospital That's combined with orthodontist wife. Neither of us had loans. (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32972385) |
|
Date: April 1st, 2017 9:33 PM Author: godawful casino windowlicker Sooo your parents gave you $$$ LJL (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32972391) |
|
Date: April 1st, 2017 9:34 PM Author: Hyperventilating lascivious hospital Our parents paid for school. Like everyone else from XO 2005. (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32972402) |
|
Date: April 1st, 2017 9:36 PM Author: godawful casino windowlicker Since we're doing it this way, spouse and I will prob inherit 5 million...so I guess our net worth is 5 million, instead of my net worth being 280k. LJL. (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32972412) |
|
Date: April 1st, 2017 9:37 PM Author: Hyperventilating lascivious hospital You are going to inherit 5 MM and your parents couldn't be bothered to pay for school? lulz. (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32972420) |
|
Date: April 1st, 2017 9:38 PM Author: godawful casino windowlicker Most of it is my spouse's liquid inheritance (total might end up being more than 5 mill), but my dad is remarried and his $$ is tied up in real estate....apparently his real estate is only being split between me and my sibling (not his wife). (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32972426) |
|
Date: April 1st, 2017 9:54 PM Author: Contagious know-it-all messiness striped hyena except me... (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32972515) |
|
Date: April 1st, 2017 9:49 PM Author: sapphire whorehouse I'm now at about 100k
3rd year doctor.
LMAO at my life.
Age 35 |
|
Date: April 1st, 2017 9:51 PM Author: godawful casino windowlicker 35? WTF? second career?
whats your salary?
Was med school worth it (obviously not financially, but otherwise)? |
|
Date: April 1st, 2017 9:56 PM Author: sapphire whorehouse I didn't go to med school until I was 29.
Thought about law at one point but had the good sense not to do it.
I make about 150-200k all in.
Hard to say. Intellectually, yes. My career is rewarding and people thank me daily for what I do.
It's fucking rough still moving every year and having to study for exams and continually learn well into my 30s |
|
Date: April 1st, 2017 9:58 PM Author: godawful casino windowlicker wtf, you make 150k-200k? Family med or something similar? Do you have a family? |
|
Date: April 1st, 2017 10:00 PM Author: sapphire whorehouse I said I'm a third year doctor which means I am still in a training program. I'll make well over 300k once I am a consultant.
Australia has the highest taxes in the world.
No family. Far too difficult. I could maybe afford to have one kid when I am 37-38 but thats it. |
|
Date: April 1st, 2017 10:01 PM Author: godawful casino windowlicker 300k in AUS dollars or US? Not bad if you don't have much debt.
In the US, the med students graduate with like 300-500k USD debt...which is financial suicide imo. |
|
Date: April 1st, 2017 10:03 PM Author: sapphire whorehouse In Australian currency obviously.
I have the same amount of debt but am on PAYE so I haven't paid any of it yet.
|
|
Date: April 1st, 2017 10:04 PM Author: godawful casino windowlicker JFC so you'll have a tax bomb? (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32972565) |
|
Date: April 1st, 2017 10:05 PM Author: sapphire whorehouse Yes but at that point I'll have a lot of $$$$$$$ plus superannuation, assuming the government doesn't steal that eventually.
No amount of $$$$$$$ could ever convince me to go into law. |
|
Date: April 1st, 2017 10:09 PM Author: godawful casino windowlicker There are a lot of other jobs besides law and medicine...like tech/accounting/finance, etc. If i were to recommend any field, I'd say do programming...lots of $$$ at age 21 straight out of uni, lots of jobs, mobility, etc. My dad made the equivalent of $500k 2017 dollars in the late 1980s programming in SF Bay Area with like 500k in stock options.
I almost regretted law in biglaw (except it paid off all of my loans and gave me some savings), but fed gov is pretty sweet.
Going back though, I'd prob have just done tech or accounting. No GC flame grad school, I didn't have any undergrad debt, six figure salary straight out at 21 for programming plus stock options, accounting is secure, lower salary but strict 9 to 5 jobs outside of big 4. |
|
Date: April 1st, 2017 10:13 PM Author: sapphire whorehouse As I stated above, it's not about the $$$$$$$.
I have perhaps the only job in the world in which I constantly see something new every day, make an impact on people's lives, and continually learn.
I could have easily worked law/business but at the end of the day I'd feel like a piece of shit.
Other fields like sports and art are worthwhile but don't provide the higher calling in which I am fortunate to be in now. |
|
Date: April 1st, 2017 10:15 PM Author: godawful casino windowlicker I guess. I don't really give a shit about helping "people". As far as I'm concerned, most of the human population should be annihilated.
I wouldn't have minded being a veterinarian though and helping poor animal doods. |
|
Date: April 1st, 2017 10:17 PM Author: sapphire whorehouse Yes and there's nothing wrong with that.
I am just saying for myself I'd feel like a piece of shit if my existence was based around being a sponge on society. |
|
Date: April 1st, 2017 10:17 PM Author: godawful casino windowlicker Keep in mind humans are the biggest parasites and polluters on this planet...so keeping more of us alive is destroying the planet as a whole.
If I could make a deal with "God" to annihilate the entire human race in exchange for animal doods ruling (knowing I'd be killing myself too), I'd do it in a heartbeat.
This is one reason why I haven't had kids and am not sure I want any.... |
|
Date: April 1st, 2017 10:19 PM Author: sapphire whorehouse Yes thats why I am not in OBGYN where you're basically helping the scum of the earth reproduce like vermin.
In my field nearly everyone is thankful for what I do and understands the magnitude of their condition. |
|
Date: April 1st, 2017 10:19 PM Author: godawful casino windowlicker OBGYN sounds awful, tbh..like the worst area of medicine...the work sounds disgusting. plus, just help dumb retard poors reproduce and live off welfare (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32972660) |
|
Date: April 1st, 2017 10:21 PM Author: sapphire whorehouse Just imagine cumming up with ever sophisticated techniques so that the absolute mouthbreathing retards of the world can reproduce with impunity and continue to not give a single shit about you're efforts.
Thats OBGYN in a nutshell. |
|
Date: April 1st, 2017 10:25 PM Author: godawful casino windowlicker Cot damn. And now the majority of the babies in half of the US states are born on Medicaid....LJL. Depressing. (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32972691) |
|
Date: April 1st, 2017 10:20 PM Author: sapphire whorehouse 'If I could make a deal with "God" to annihilate the entire human race in exchange for animal doods ruling (knowing I'd be killing myself too), I'd do it in a heartbeat. '
I cumpletely agree.
But whats the endgame of corporatism?
Destruction of the environment. |
|
Date: April 1st, 2017 10:23 PM Author: godawful casino windowlicker Right, but you don't have to work for corporations (although that's where most of the money is).
99% of what humans do is just to propagate ourselves and use the planet for our own selfish means.
Plus a lot of medicine is about $$$$$ - like big pharma, having more consumers to buy shit, keeping alive olds when there is no QOL so that hospitals or whoever can make millions of dollars.
We should just kill ourselves IMO....human race's TTTness is so depressing to think about. |
|
Date: April 1st, 2017 10:25 PM Author: sapphire whorehouse 180 man.
I like you're way of thinking. |
|
Date: April 1st, 2017 10:10 PM Author: Wine big stain This thread made me realize how far this shitmedicine route has set me back. 10 years opportunity cost, 250k in debt, and the government is still chipping away at our reimbursements. MACRA is a joke too. I tried modeling my reports for the practice I moonlight at by them, and a normal CT Head ends up looking like a 3 page disclaimer statement. (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32972600) |
|
Date: April 1st, 2017 10:13 PM Author: godawful casino windowlicker Grad school in general is GC flame...esp in the US. It's all a big scam.
It doesn't financially make sense anymore unless you get a full ride or some shit. The boomers had it made - cheap schooling, high salaries, etc. Now it's a fucking joke. |
|
Date: April 1st, 2017 10:14 PM Author: sapphire whorehouse What area you in?
I'm in Radiation Oncology.
It's the most satisfying shit ever. |
|
Date: April 1st, 2017 10:14 PM Author: Orchid menage (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32972623) |
|
Date: April 1st, 2017 10:20 PM Author: Wine big stain Radiology (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32972665) |
|
Date: April 1st, 2017 10:21 PM Author: sapphire whorehouse Why are you cumplaining then. (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32972674) |
|
Date: April 1st, 2017 10:25 PM Author: Wine big stain My net worth is -230k and I'm old as shit (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32972692) |
|
Date: April 1st, 2017 10:25 PM Author: sapphire whorehouse I move like every 6 months and haven't had a date in like 3 years. (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32972700) |
|
Date: April 1st, 2017 10:27 PM Author: godawful casino windowlicker But you always have XO (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32972705) |
|
Date: April 2nd, 2017 12:27 AM Author: Olive unhinged kitty principal's office The kids who are doing well never post in these threads, by the way. (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32973358) |
|
Date: April 2nd, 2017 12:28 AM Author: Histrionic carmine lay Age; NW; Job
Early 30s
$2mm ($1.5mm liquid assets, $500k equity in apartment, other random assets like cars and antiques)
Finance, base salary around $250k, bonus much higher some years
Don't live rich. I lie to gf about how much I earn. |
|
Date: April 3rd, 2017 12:29 AM Author: godawful casino windowlicker 180. You can NEETmo now (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32980175) |
|
Date: April 3rd, 2017 12:17 AM Author: Mischievous heaven friendly grandma 2009 Northwestern law grad. Multiple properties (to own and to rent) and a Jeep Liberty. (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32980086) |
|
Date: April 3rd, 2017 12:32 AM Author: Twinkling crotch (nonresponsive) (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#32980191) |
|
Date: April 19th, 2018 1:56 PM Author: startled hall turdskin (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#35875334) |
|
Date: April 19th, 2018 2:00 PM Author: Tripping mauve senate psychic what's your NW now? (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#35875388) |
|
Date: April 19th, 2018 2:03 PM Author: startled hall turdskin 900 (http://www.autoadmit.com/thread.php?thread_id=3570347&forum_id=2#35875419) |
|
Date: April 19th, 2018 2:00 PM Author: Brilliant community account spot 210K NW
32
175K in-house gig from 10a-4p |
|
Date: April 19th, 2018 2:02 PM Author: Internet-worthy Very Tactful Macaca Sanctuary Wife and I:
Age 34,33
NW $460k
|