Google stocks: $360K HYSA: 85K Other stocks: 25K HSA: 15K 401k: 180K Debt: 30K Total: 635k minus capital gain taxes (100K~) TC: 250K lcol Yoe: 7 Age: 30
Unless u are Sundar Pichai, pls sell some G and buy S&P 500
Even pichAI sells most of his stocks
why so much cash?
Google stock price is gonna drop deep. Sell all and put it into S&P. You will owe me a big time by the next earnings call.
635k is low for age 30
Whats a good number acc to you?
I'm on track for 1.5 or so by 7yoe. And I started with 100k TC (300 now)
How do you have 100k in capital gains taxes with 635k NW
I expect 401k to be heavily taxed as its all pre-tax. Also G stock has surged since past few years. I never sold G stock
I wouldn’t try and calculate the capital gains taxes on a traditional 401k. Who knows what the tax rates are going to be in the future
Anyone who says “average” doesn’t understand what the word average means.
Average is subjective but even in the Bay Area this is better than average
Don't listen to blind
He came with a weird brag 🤷♂️
Don’t worry about him He works for google and you work for affirm . 😂😂😂 wtf is affirm ? A company where people live in 3 br apts with 8 roommates eating rice and beans as staple communal diet so they can come to blind and brag about the money they saved by penny pinching ?
How are you 250k TC with 7yoe at Google? Non engineer?
Diversify my friend. You are playing a dangerous game.
Chappelle show has a great segment on diversifying your assets. This guy should watch it.
Literally you could just VOO and chill. OP doesn't need to overthink it.