Do I Suck?
Do I suck?
I currently have 85 in taxable income, Have 3 Rental Homes, and 120 in the stock market and 30 in Cash.With all the real estate income its really over 100k in gross taxable income. Of course most goes to cover the debt service Real Estate is valued over 700k. I am only 24? I heard lots of 24 year olds are already making 80k and bigger salaries is this true? Do I suck? Are my assests competive or am I poor? Who else is making more than me?
2007-06-17 03:54:59 · 4 answers · asked by Suzy V 1 in Business & Finance ➔ Careers & Employment ➔ Other - Careers & Employment
Poor baby! You need to settle down and decide what is really important. Is it enjoying what you have or enjoying having more than others? No one is going to feel sorry for you.
2007-06-17 05:19:49 · answer #1 · answered by Michael B 5 · 0⤊ 0⤋
Not many 24-year-olds make anything near $80k. I'm 54 and am still a bit shy of that mark. And few people your age have assets in excess if 850k as you do.
It sounds like you could benefit from the services of a good CPA or financial advisor.
2007-06-17 11:01:04 · answer #2 · answered by Bostonian In MO 7 · 1⤊ 0⤋
Well I'm 25/female and my base salary is $90k with quarterly incentives that range from $2500-$5000. And no, I'm not joking or bs-ing to look cool on Yahoo but that's the truth. I'm in a Senior Management position at one of the largest banks....
2007-06-17 13:57:30 · answer #3 · answered by MommyToBe! 5 · 0⤊ 0⤋
Your greatest asset is being 24 years old.
You will eventually find there are more important things in a job, than money. I just walked away from a $140k job, because there are more important things than money.
Don't miss life, being too busy making money. I did (until recently).
2007-06-17 11:26:32 · answer #4 · answered by dryheatdave 6 · 1⤊ 0⤋