Send those over here slimei got laid off from my first corporate job... i been watching a lot of corporate tik tok so i kno how to move now
Something weird is going on …as a black person in the “corporate world”
- Thread starter Ohene
- Start date
Sounds like the textbook definition of "meets expectations"
Unless...in your previous performance review you inquired about exceeding expectations and whatever they told you...you did
I'm sure you're old enough to have these discussions documented
Insensitive
Superstar
IF you don't heavily invest in stocks NOW, I think you should start now.
The second I was in a decent paying career, I moved a lot of cash into my 401K.
Even now, I save 17% while paying down student loan debt and pursuing a masters degree.
I'll put away like 18k this year while working towards my goals of being debt free and going ham
on scaling up my investing.
I'm staying as an individual contributor and moving towards investing in Real Estate.
Diversify that income brehs.
Inside of three years, I'll have three revenue streams and I **WILL** be an AI/ML Engineer OR Data Scientist
making damn near double my salary.
And god willing, I will have about $1.5 million dollars in assets before I'm 40.
Keep grinding.
I'm wishing you all the best.
The second I was in a decent paying career, I moved a lot of cash into my 401K.
Even now, I save 17% while paying down student loan debt and pursuing a masters degree.
I'll put away like 18k this year while working towards my goals of being debt free and going ham
on scaling up my investing.
I'm staying as an individual contributor and moving towards investing in Real Estate.
Diversify that income brehs.
Inside of three years, I'll have three revenue streams and I **WILL** be an AI/ML Engineer OR Data Scientist
making damn near double my salary.
And god willing, I will have about $1.5 million dollars in assets before I'm 40.
Keep grinding.
I'm wishing you all the best.
Laidbackman
All Star
I indicated a billion times on here how I went through all crazy types of harrasment on my former IT job. Until one day, this married sister who use to chat with me in the gym, told me a way I could get an early retirement. It took a little longer than I planned, but it worked. I never had a chance to thank her. I only remember her by her first name, so I can't even look her up on facebook. She never expected me to move outta town though. That part of the plan, I came up with on my own. Anyway, that job nearly killed me with the stress alone.
A lot of you seem to have the skills to do your own business. If you ever go this route, no matter how good the money is, make sure you contiue paying into social security at the least. I don't have to tell you you need to invest into your rertirement as well.
I have, or after having a converation with him yesterday on the phone, that got a little tensed, I probably had this buddy, who's been doing his own carpentry work since he was in his early twenties. Now he's a master carpenter, and he can get jobs easily just off of reputation...and he never went to school. Anyway, being on drugs off and on in his earlier days, he didn't necessarily hang out with people who had much going on. And although he finally put away enough money to get a nice big home, which shocked everybody, he didn't put away anything for retirement, nor did he pay into Social Security (SS). Therefore, he doesn't have enough credits to qualify for SS...I'm not sure if he have any credits. He was very hard headed, and still is. But at least he doeesn't have to work for anybody anymore, and he doesn't have to work year-around. But the kind of work he does, isn't for anyone his age, even if it's only seasonal.
In other words. he told me he'll have to work until he drops. He already complains about the body aches, and the sore back...and this is during the off part of the seasons. Anyway, I gave him a suggestion yesterday, and he qualifies for the program. I hope it works, or else he'll be in his mid 80's before paying off that big house. I hope he downsizes before he lets that happen. But right now, he needs to retire, and just be active.
Anyway, making all that good money when you're young, whether it's a white collar or blue collar job, don't mean nothing when you get to retirement age, and you start feeling aches, and you didn't at least pay into Social Security. I'd rather live in a room, have health insurance, and be able to live off of a SS check, especially along with a pension, than to live like him right about now. I hope one of those plans work out for him.
A lot of you seem to have the skills to do your own business. If you ever go this route, no matter how good the money is, make sure you contiue paying into social security at the least. I don't have to tell you you need to invest into your rertirement as well.
I have, or after having a converation with him yesterday on the phone, that got a little tensed, I probably had this buddy, who's been doing his own carpentry work since he was in his early twenties. Now he's a master carpenter, and he can get jobs easily just off of reputation...and he never went to school. Anyway, being on drugs off and on in his earlier days, he didn't necessarily hang out with people who had much going on. And although he finally put away enough money to get a nice big home, which shocked everybody, he didn't put away anything for retirement, nor did he pay into Social Security (SS). Therefore, he doesn't have enough credits to qualify for SS...I'm not sure if he have any credits. He was very hard headed, and still is. But at least he doeesn't have to work for anybody anymore, and he doesn't have to work year-around. But the kind of work he does, isn't for anyone his age, even if it's only seasonal.
In other words. he told me he'll have to work until he drops. He already complains about the body aches, and the sore back...and this is during the off part of the seasons. Anyway, I gave him a suggestion yesterday, and he qualifies for the program. I hope it works, or else he'll be in his mid 80's before paying off that big house. I hope he downsizes before he lets that happen. But right now, he needs to retire, and just be active.
Anyway, making all that good money when you're young, whether it's a white collar or blue collar job, don't mean nothing when you get to retirement age, and you start feeling aches, and you didn't at least pay into Social Security. I'd rather live in a room, have health insurance, and be able to live off of a SS check, especially along with a pension, than to live like him right about now. I hope one of those plans work out for him.
Last edited:
this is an amazing thread. shyt that made me join the site. the game is tough then a mfer. glad to see we all are feeling the same. \\
1. Outwork everyone
2. Always be upskilling (with relevant and useful skills)
3. Get valuable documets and templates on a personal computer
4. Work on your own hustle on the side, or look for jobs paying more
Let's get into position to gatekeep. I ain't one for complaining much. What's the solution?
1. Outwork everyone
2. Always be upskilling (with relevant and useful skills)
3. Get valuable documets and templates on a personal computer
4. Work on your own hustle on the side, or look for jobs paying more
Let's get into position to gatekeep. I ain't one for complaining much. What's the solution?
I think to gatekeep you have to be a director + level
I am basically VP level and its tough than a mofo because the directors have their own biases when it comes to recruiting
about 3 years away from a director promotion
with that being said i try my best to routinely visit events to guide young black students and pay it forward that way. i tell them, if you wanna go into high finance you have to be an investment banker for a few years (thats one of the biases i was referring to). fukk accounting, fukk credit agencies, fukk trading...nah...go into investment banking and the world is your oyster
I got a lil money sitting around in my savings and a 3 month paid leave starting next Friday, is it possible to get a leg up on that investing shyt in that timeframe?
Mafukkas act like they just realized racism exist! 
But be in other threads talking down racism like people exaggerating.
But be in other threads talking down racism like people exaggerating.
Mafukkas act like they just realized racism exist!
But be in other threads talking down racism like people exaggerating.
That's the craziest part...I'm glad I'm not the only one recognized it
The tone of the most of these posts makes it seem nikkas is shocked they're experiencing racism
There is a common dominator with all of them.....
Find a post where i ever talked Down racism.Mafukkas act like they just realized racism exist!
But be in other threads talking down racism like people exaggerating.
You can’t lol
Insensitive
Superstar
Not in 3 months but it's definitely the time start.
The first goal is to get that first $100k saved.
From there, the numbers start to jump.
Right now I'm at >$150K, end of year I should be at $180K or so and end of next year $205K or something like that.
As you go, the numbers will jump more and more quickly.
Best way to look at it in investment terms is $100K is 25% to a million and the returns only get faster from
there.
Though I personally plan to get to my first million through a mix of stocks + RE.
MalaKai
Luv is Luv
You need to go USAJOBS.com breh... for real
MalaKai
Luv is Luv
Breh what???? 100k is 10% of a million....what are we talking about here?
Insensitive
Superstar
Compound interest breh.
100k is 25% of the way to $1 Million! ✅
FREE 2024 Dividend Aristocrat Spreadsheet!
dividendology.substack.com
