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My net worth ITT. Please tell me I'm a faggot.

Cash (making 3.3-4.5%): $2,050,000 Brokerage Accounts: $375...
Aquamarine big orchestra pit
  02/07/23
I realize how I have my money allocated is retarded. Can som...
Aquamarine big orchestra pit
  02/07/23
You should give all of your money to Israel.
zippy talented temple
  02/07/23
pretty sure that's already happening with my taxes
Aquamarine big orchestra pit
  02/07/23
so your $700k "investments" including "real e...
concupiscible green coldplay fan crackhouse
  02/07/23
yeah because a portion of that 700k is invested into a fund ...
Aquamarine big orchestra pit
  02/07/23
nice work, faggot
hyperventilating swashbuckling step-uncle's house
  02/07/23
yeah but what do i need to improve on. i make sure my money ...
Aquamarine big orchestra pit
  02/07/23
impressive that someone so retarded with asset allocation co...
smoky fantasy-prone juggernaut
  02/07/23
that seems a little rude. while i agree that 2mil in cash is...
Aquamarine big orchestra pit
  02/07/23
invest that shit, also dump crypto
smoky fantasy-prone juggernaut
  02/07/23
I will NEVER dump crypto, you FUCKING PIECE OF SHIT
Aquamarine big orchestra pit
  02/08/23
age? profession?
Stimulating Church Building
  02/07/23
yeah, the OP is missing some context for giving a rating
galvanic space
  02/07/23
38 years old. commercial real estate attorney is where m...
Aquamarine big orchestra pit
  02/07/23
if ur working more than 2 hrs a day tops from home ur fuckin...
hilarious parlor faggotry
  02/07/23
what a dumb, blanket statement to make
Aquamarine big orchestra pit
  02/08/23
WRONG
hilarious parlor faggotry
  02/08/23
at the very least, shift that cash to t-bills or a treasury ...
appetizing property
  02/07/23
Am I going to be the first person to point out how dumb this...
Cerebral Arrogant Cuckold Indirect Expression
  02/07/23
youre at minimum the third person to point out how dumb this...
smoky fantasy-prone juggernaut
  02/07/23
I was referring specifically to the part where he had $2M in...
Cerebral Arrogant Cuckold Indirect Expression
  02/07/23
hey man, fair enough. best way to get further into stock...
Aquamarine big orchestra pit
  02/08/23
Gorgeous net worth.
haunting trump supporter
  02/07/23
Important Update: need more opinions about my faggotry
Aquamarine big orchestra pit
  02/08/23
nice humblebrag thread. imo you should be 100% in cash....
transparent misunderstood corner
  02/08/23
i'm a pumo, what the fuck am i humble bragging about, my poo...
Aquamarine big orchestra pit
  02/08/23
You made this thread because you just want people to tell yo...
Amethyst effete senate
  02/08/23
i'm a pumo, what am i getting out of this? i genuinely wa...
Aquamarine big orchestra pit
  02/09/23
I rate you as shitty flame.
Brass stag film death wish
  02/08/23
not only am i not flame, i gave super accurate #s up above.
Aquamarine big orchestra pit
  02/09/23
...
Aquamarine big orchestra pit
  02/09/23
I call flame. Or completely financially illiterate. Can&rs...
Aromatic party of the first part preventive strike
  02/09/23
I had 2 other properties that I sold at the height of the ma...
Aquamarine big orchestra pit
  02/09/23


Poast new message in this thread



Reply Favorite

Date: February 7th, 2023 9:28 AM
Author: Aquamarine big orchestra pit

Cash (making 3.3-4.5%): $2,050,000

Brokerage Accounts: $375,000

Crypto: $200,000

3 Investments totaling $700,000 (real estate, software enterprise, and construction). None of these will materialize a meaningful return for at least another year or 2.

I have 2 investment condos. One of them is worth 600k and the mortgage is 390k. The other is worth 450k and the mortgage is 215k.

Primary residence is worth about 3 million and the mortgage is 1.3 million (I paid for a portion of the construction and all of the land with cash).

Real estate taxes are about 30k/year.

Kids tuition is about 80k/year. Car payments are paid for by my business so that's already accounted for in our HHI.

In 2022 our HHI was about $1,300,000 and I expect it to be same or better this year.

(http://www.autoadmit.com/thread.php?thread_id=5285694&forum_id=2#45898597)



Reply Favorite

Date: February 7th, 2023 9:29 AM
Author: Aquamarine big orchestra pit

I realize how I have my money allocated is retarded. Can someone help guide me?

I was going to hire a financial advisor but the 2 I spoke with suck penis. Still looking for someone worth what they want to charge.

(http://www.autoadmit.com/thread.php?thread_id=5285694&forum_id=2#45898600)



Reply Favorite

Date: February 7th, 2023 9:35 AM
Author: zippy talented temple

You should give all of your money to Israel.

(http://www.autoadmit.com/thread.php?thread_id=5285694&forum_id=2#45898622)



Reply Favorite

Date: February 7th, 2023 9:35 AM
Author: Aquamarine big orchestra pit

pretty sure that's already happening with my taxes

(http://www.autoadmit.com/thread.php?thread_id=5285694&forum_id=2#45898627)



Reply Favorite

Date: February 7th, 2023 9:32 AM
Author: concupiscible green coldplay fan crackhouse

so your $700k "investments" including "real estate" are separate from your residence and investment condos?

(http://www.autoadmit.com/thread.php?thread_id=5285694&forum_id=2#45898609)



Reply Favorite

Date: February 7th, 2023 9:34 AM
Author: Aquamarine big orchestra pit

yeah because a portion of that 700k is invested into a fund that is buying or building large # of condos and town homes in a major city. so i have no active involvement. 18% preferred returns on that particular investment.

(http://www.autoadmit.com/thread.php?thread_id=5285694&forum_id=2#45898621)



Reply Favorite

Date: February 7th, 2023 9:37 AM
Author: hyperventilating swashbuckling step-uncle's house

nice work, faggot

(http://www.autoadmit.com/thread.php?thread_id=5285694&forum_id=2#45898632)



Reply Favorite

Date: February 7th, 2023 9:41 AM
Author: Aquamarine big orchestra pit

yeah but what do i need to improve on. i make sure my money doesn't sit there making 0 but obviously having this much cash making 3.3-4% is dumb

(http://www.autoadmit.com/thread.php?thread_id=5285694&forum_id=2#45898646)



Reply Favorite

Date: February 7th, 2023 9:42 AM
Author: smoky fantasy-prone juggernaut

impressive that someone so retarded with asset allocation could get so rich

(http://www.autoadmit.com/thread.php?thread_id=5285694&forum_id=2#45898652)



Reply Favorite

Date: February 7th, 2023 9:43 AM
Author: Aquamarine big orchestra pit

that seems a little rude. while i agree that 2mil in cash is dumb, i've seen a LOT dumber shit being done by both friends, family, and board retards.

what do you suggest i do, friend?

(http://www.autoadmit.com/thread.php?thread_id=5285694&forum_id=2#45898660)



Reply Favorite

Date: February 7th, 2023 9:52 AM
Author: smoky fantasy-prone juggernaut

invest that shit, also dump crypto

(http://www.autoadmit.com/thread.php?thread_id=5285694&forum_id=2#45898691)



Reply Favorite

Date: February 8th, 2023 7:54 PM
Author: Aquamarine big orchestra pit

I will NEVER dump crypto, you FUCKING PIECE OF SHIT

(http://www.autoadmit.com/thread.php?thread_id=5285694&forum_id=2#45907179)



Reply Favorite

Date: February 7th, 2023 9:42 AM
Author: Stimulating Church Building

age? profession?

(http://www.autoadmit.com/thread.php?thread_id=5285694&forum_id=2#45898653)



Reply Favorite

Date: February 7th, 2023 9:42 AM
Author: galvanic space

yeah, the OP is missing some context for giving a rating

(http://www.autoadmit.com/thread.php?thread_id=5285694&forum_id=2#45898654)



Reply Favorite

Date: February 7th, 2023 9:46 AM
Author: Aquamarine big orchestra pit

38 years old.

commercial real estate attorney is where most of my income comes from. wife has a decent job too that makes about 135k/year while only working 30 hours a week (and out of that 30 hours she really only works 15 or so actual hours).

(http://www.autoadmit.com/thread.php?thread_id=5285694&forum_id=2#45898670)



Reply Favorite

Date: February 7th, 2023 4:53 PM
Author: hilarious parlor faggotry

if ur working more than 2 hrs a day tops from home ur fucking insane



(http://www.autoadmit.com/thread.php?thread_id=5285694&forum_id=2#45900827)



Reply Favorite

Date: February 8th, 2023 7:56 PM
Author: Aquamarine big orchestra pit

what a dumb, blanket statement to make

(http://www.autoadmit.com/thread.php?thread_id=5285694&forum_id=2#45907184)



Reply Favorite

Date: February 8th, 2023 8:08 PM
Author: hilarious parlor faggotry

WRONG

(http://www.autoadmit.com/thread.php?thread_id=5285694&forum_id=2#45907242)



Reply Favorite

Date: February 7th, 2023 11:11 AM
Author: appetizing property

at the very least, shift that cash to t-bills or a treasury money market fund. you'll get the fed funds rate minus a modest expense ratio (like 0.1% or less).

the fed funds rate was recently raised to 4.5%-4.75% so if you're earning less than that you're getting fucked.

(http://www.autoadmit.com/thread.php?thread_id=5285694&forum_id=2#45899063)



Reply Favorite

Date: February 7th, 2023 12:48 PM
Author: Cerebral Arrogant Cuckold Indirect Expression

Am I going to be the first person to point out how dumb this is?

Cash (making 3.3-4.5%): $2,050,000

Brokerage Accounts: $375,000

Crypto: $200,000

At the bare minimum, cash and brokerage should be reversed. Why the fuck do you have so much in cash and other money tied up in alternative investments with basically zero on the stock market? Stocks should be the bulk of your portfolio. Once you have a large stock portfolio, then you can go ahead and put a slice into crypto or "real estate funds" or some other alternative investments if you want. But stocks are easily the safest long term investment.

(And LJL if you think your real estate fund is going to yield 18% consistently. Warren Buffett has barely averaged 18% in his career, and the dude who runs your real estate fund is not Warren Buffett. This smells like a goy scam to me if they are promising outsize yields like that.)

(http://www.autoadmit.com/thread.php?thread_id=5285694&forum_id=2#45899578)



Reply Favorite

Date: February 7th, 2023 12:56 PM
Author: smoky fantasy-prone juggernaut

youre at minimum the third person to point out how dumb this is

(http://www.autoadmit.com/thread.php?thread_id=5285694&forum_id=2#45899621)



Reply Favorite

Date: February 7th, 2023 4:50 PM
Author: Cerebral Arrogant Cuckold Indirect Expression

I was referring specifically to the part where he had $2M in cash and only $300k in stocks.

(http://www.autoadmit.com/thread.php?thread_id=5285694&forum_id=2#45900817)



Reply Favorite

Date: February 8th, 2023 7:58 PM
Author: Aquamarine big orchestra pit

hey man, fair enough.

best way to get further into stocks? just VTI? VOO? BND? STY? VTSAX?

Best way to DCA my shit into one or more of the above?

(http://www.autoadmit.com/thread.php?thread_id=5285694&forum_id=2#45907200)



Reply Favorite

Date: February 7th, 2023 4:54 PM
Author: haunting trump supporter

Gorgeous net worth.

(http://www.autoadmit.com/thread.php?thread_id=5285694&forum_id=2#45900837)



Reply Favorite

Date: February 8th, 2023 7:53 PM
Author: Aquamarine big orchestra pit

Important Update: need more opinions about my faggotry

(http://www.autoadmit.com/thread.php?thread_id=5285694&forum_id=2#45907169)



Reply Favorite

Date: February 8th, 2023 7:55 PM
Author: transparent misunderstood corner

nice humblebrag thread.

imo you should be 100% in cash. all with the same bank.

(http://www.autoadmit.com/thread.php?thread_id=5285694&forum_id=2#45907180)



Reply Favorite

Date: February 8th, 2023 7:59 PM
Author: Aquamarine big orchestra pit

i'm a pumo, what the fuck am i humble bragging about, my poor friend?

my poor friend = my challenged slow-witted and dark skinned retard friend

(http://www.autoadmit.com/thread.php?thread_id=5285694&forum_id=2#45907205)



Reply Favorite

Date: February 8th, 2023 8:30 PM
Author: Amethyst effete senate

You made this thread because you just want people to tell you directly or indirectly how rich you are. Kind of sad.

(http://www.autoadmit.com/thread.php?thread_id=5285694&forum_id=2#45907348)



Reply Favorite

Date: February 9th, 2023 9:34 AM
Author: Aquamarine big orchestra pit

i'm a pumo, what am i getting out of this?

i genuinely want advice

(http://www.autoadmit.com/thread.php?thread_id=5285694&forum_id=2#45909521)



Reply Favorite

Date: February 8th, 2023 8:31 PM
Author: Brass stag film death wish

I rate you as shitty flame.

(http://www.autoadmit.com/thread.php?thread_id=5285694&forum_id=2#45907351)



Reply Favorite

Date: February 9th, 2023 9:35 AM
Author: Aquamarine big orchestra pit

not only am i not flame, i gave super accurate #s up above.

(http://www.autoadmit.com/thread.php?thread_id=5285694&forum_id=2#45909523)



Reply Favorite

Date: February 9th, 2023 10:54 AM
Author: Aquamarine big orchestra pit



(http://www.autoadmit.com/thread.php?thread_id=5285694&forum_id=2#45909882)



Reply Favorite

Date: February 9th, 2023 11:41 AM
Author: Aromatic party of the first part preventive strike

I call flame. Or completely financially illiterate. Can’t see how a successful commercial RE atty can dump so much cash into illiquid investment and primary properties and not take advantage of historically low rates that lasted for 10 years.

(http://www.autoadmit.com/thread.php?thread_id=5285694&forum_id=2#45910126)



Reply Favorite

Date: February 9th, 2023 11:43 AM
Author: Aquamarine big orchestra pit

I had 2 other properties that I sold at the height of the market.

You're probably right though in terms of me being financially illiterate when it comes to a lot of things. I can't stand resident property management though and have never liked the idea of paying someone to manage residential shit. every 4 seconds a microwave breaks or hvac goes out or whatever the fuck. it's just a hassle

(http://www.autoadmit.com/thread.php?thread_id=5285694&forum_id=2#45910139)