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(Throwaway for obvious reasons) The market's been extremely hot the past 10 years. Anyone making a good tech salary and investing has done extremely well. I ha
by miscoinceptions 5y ago
(Throwaway for obvious reasons)
The market's been extremely hot the past 10 years. Anyone making a good tech salary and investing has done extremely well. I have enough to never work again. I didn't want to leave my team, but at some point your portfolio fluctuates every day by more than your salary and you have to ask yourself what's the point?
- eng1 5y agoEasy. Strong mission statement. We’re all so lucky to have a set of skills that have impact millions of people for the better. Reach out if you’re interested in a solid mission statement (also great work life balance and pay)
- enricozb 5y agoAssuming a salary of $100k, and 0.5% daily fluctuation, that's a portfolio of $20 million, which is a sizable amount.
- CameronNemo 5y agoI think they probably mean monthly fluctuation and salary.
- teachrdan 5y agoHa, I was thinking more like 10% fluctuation on $3 million against a salary of $300K. The total and the volatility could both easily happen if the user invested early in crypto.
- miscoinceptions 5y agoYep this is closer to the truth. I'm not a crazy crypto guy and don't blab about it at work, so nobody has any idea. I bet there are more people like me out there than you think.
- cwoolfe 5y agoIt's not uncommon for the stock market to fluctuate by 2% in a day (like today actually), which means he'd only need a portfolio of $5 million.
- madengr 5y ago
- infinite8s 5y agoGiven the username, it's possible portfolio is in crypto, which would have much greater fluctuations.