Many of these people have incomes ranging well above six figures, in the vicinity of $200-400k, and still worry about making ends meet. You missed out on the most interesting story in your life. As a footnote, they'd supply me with a sidearm and train me to use it. Are there really fairly safe bonds that yield 5% nowadays? Here is an interesting paradox: the world is experiencing the largest bull market in history, but fewer than one out of five Americans feel like they’re living the American Dream. I'd recommend spending the next year reading some introductory investing books. New comments cannot be posted and votes cannot be cast, Press J to jump to the feed. I now have 8 hour Fridays and it feels like heaven getting out early. You're wise to start now. It looks like it is happening already, on the gold price link that you included, Gold has gone from having huge returns across all the markets from 2005 - 2010, to either small gains or losses in 2011 so far. 2019 - present. 34 300k Salary $300,000 jobs available on Indeed.com. Exorbitant Salaries don’t make for Exorbitant Lifestyles. Even $150k is a very nice salary by most people's standards, but I was assuming you meant $500k. Well the flip side is the OP can look into buying distressed properties in markets that will provide cash flow positive investment properties. Any advice on where to start reading about investing (or any other advice) would be greatly appreciated. Learn more about it:http://en.wikipedia.org/wiki/Pseudoscience. Dangerous af, but loved every minute of it. He works 10-ish hours a week doing mostly paperwork and takes in 220k a year. I've also traded (for my personal account) stocks, metals and currencies for 7 years. TC over 4 years could evolve like: 300k, 325k, 350k, 375k, 250k Let say you are promoted before cliff so you maintain 300k at year 5. If I worked an 8 hour day on Thursdays and saw 14 patients, I would earn an additional $60,000 in salary … Don't wait to research investing. In San Francisco, however, a salary of $100,000 isn’t enough to cover everyday expenses, with … And are there no other broadcast engineers (why you have to work those kinds of hours) that work with you? By using our Services or clicking I agree, you agree to our use of cookies. They are sales people for products available at their bank or affiliated companies only. At least he should consider it as part of his portfolio. Don't invest it into a single fund. I know this is a bit of crystal ball gazing, but I was under the impression that people buy gold when the economy is not doing well. (If anyone can find the article please reply). If you apply external opportunities, very likely you can get 100k higher offer (400k/year) outside for your new level, so you still have the cliff 70% in physical metals and "keep some $$ cash in a high interest account".Did you really just say "high interest account" after going on about financial knowledge? The payments on a car for example, though clearly a poor investment, will result in increased equity at the end of the term. I am an FX options trader. At least he should consider it as part of his portfolio. I think you're wise beyond your years to worry about purchasing a house you couldn't afford. Since then, my low year was about 180k and best year was about 550k. 100k in 3-4 different stock indices (emerging markets, euro, us, something local). They are dissatisfied with the demand from county managers to raise their base salary from $ 302,000 to $ 315,000 by 4%. I can't find the article right now but out of 15000 economists polled in mid 2007, all but 6 said the economy was due to keep growing, with no crash in sight. I got into wall street out of college. Make between 300-400k a year. Or ask them what a fiat currency is, or what fractional reserve banking entails. In about a year I will inherit $300,000. Make between 300-400k a year. I was once offered 250k to connect schools to the internet and set up their servers and technology. I work because of the challenge now, not because I have to. Put the money in stocks and you could get closer to 10%, depending on your risk preference. With buy gold/other metals, will they continue to go up? Look in places like Arizona or Florida for example. He spent 20 years working in the trade, then he made a business, ran it for 5 years, then got a really reliable manager to run it for him. Are there people currently doing this? Being 23. if they're out there, I've never met one. If so you'd be better off with a mortgage cause you'd just increase how much money you waste. About 24 hours clinical time. Invest. 1) A couple 30 year old lawyers in their fourth year at a big law firm 2) A couple 32 year old second year associates at an investment bank after business school 3) A single 31 year old VP at a private equity shop two years out of business school 4) A 35 year old senior project leader at a management consulting firm and her schoolteacher husband 5) A couple 35 year old doctors (cardiologist and anesthesiologist) three years after their fellowships 6) A 46 year old Chief Marketing Officer and her 52 year old police offi… Indeed may be compensated by these employers, helping keep Indeed free for jobseekers. Oh, wait, by "mid six-figures" do you mean $150k or $500k? In a couple years, she is making over $300,000 a year. I also have a 1.99% apr car loan so it really is very cheap, and it would be foolish for me to clear my portfolio to pay it off. Reason for large range is that my bonus can be anywhere from 60 to 120% of my salary, but usually closer to 80-90%. Big houses are poor investments, they have higher taxes, energy costs and maintenance. Displayed here are Job Ads that match your query. Having structured repayments also forces you to save. The aim of this $500,000.00 salary example is to provide you detailed information on how income tax is calculated for Federal Tax and State Tax. Salaries vary based on various factors and the main factor is the local living costs where a worker is located. Press question mark to learn the rest of the keyboard shortcuts. You don't work like a slave and on fridays you get out early enough to for that 3pm happyhour at a downtown bar in LA. Congratulations (and probably also commiserations.) (Figures are less tax/inflation of course, just for a general idea), Good luck getting a reliable 10%, but sound advice otherwise, New comments cannot be posted and votes cannot be cast, Press J to jump to the feed. Thirdly, never trust a financial adviser - there is no such thing as an 'independent' financial adviser, regardless of what they call themselves. I've got a bridge which is a sure fire solid investment. Do you normally spend all your extra money? To put 35k of 300k down on a cash flow positive home that's distressed isn't that risky, and with 25% down you can do a conventional mortgage instead of a high ratio one. Got into an analyst program at major bank in early 2000s. Firstly, I would recommend paying of all your debts. PM me! Got … If you're asking questions here about what to buy, you probably will lose your shirt in the market. 15k in a bond index. 1 Boosting the Income. inflation. Apply to Psychiatrist, Commercial Sales Executive, Entry Level Sales Representative and more! This could be the ticket to an EASY life and retiring 10 years early and you could pass down the gift of early retirement to your children as well. The average salary for a primary care physician is $200,000. 300k Salary jobs. Page 1 of 120 jobs. So if we're gonna talk about a 300k salary at age 31, why not go be an accountant. If you put it into fairly safe bonds(5% interest), you can $15,000 a year in additional income. First ask yourself if you plan on being in the same area for about 7 years, if not don't buy a house. In Australia, the salary for optometrists ranges from AU$48,000 up to AU$100,000. Regarding your question on whether your parents are millionaires; they should be, unless your parents either made a poor financial decision or recently started earning the salary mentioned. Go here to see the charts of how they have performed - one argument that I like for the increase, is that precious metals have not increased in value, it's that fiat currencies have decreased due to printing money, thus costing more to buy the same physical metal, i.e. How often do you have to work those kinds of hours? Software Engineer salaries at Reddit can range from $100,842 - $150,300. As leader of the free world, this is significantly higher than what the average CEO earns, but still far below the millions of dollars that CEOs of major companies earn. If you want to do this on your own, read up about diversification and investing strategies. They will also charge quite a large fee for the privilege of their 'expertise'. A salary of $100,000 is a good income in the U.S. when we consider that it’s $40,000 over the real median household income of $59,039 reported by the U.S. Census Bureau. You should be reinvesting most of this additional money. There are many others, but these will give you a good start and also have lots of videos on youtube. Hence, I'd be staying out of cash as much as possible, and stocks unless they were from the mining sector - even here, choose wisely by reading people cleverer and better informed than you and me. For API documentation visit our developer site. This estimate is based upon 14 Reddit Software Engineer salary report(s) provided by employees or estimated based upon statistical methods. Do your own due diligence! Or is that after all your expenses? Here are some thoughts: If you invested the 300k and aimed for a 10% return per year and DID NOT touch the capital. they'd supply me with a sidearm and train me to use it. Press question mark to learn the rest of the keyboard shortcuts. Cookies help us deliver our Services. Also, spread your risk over 4 or 5 investments too. Now in the long run, you'd be better of investing in the market since it outpaces real estate. (Six figures: 100k to 999k. For Coinbase news visit our blog and follow us on twitter. You want to save as much as you can in your twenties. Like any other jobs, there is always room for improvement and progress for optometrists. Only problem was that it was in the middle of a conflict zone in Africa. Personally I wouldn't pay off all my debt, only high interest credit cards or loans. Just trying to get some perspective on careers that allow you to make a (very) comfortable living... A friend of my dad's is a refrigeration HVAC journeyman. Just stay away from gambling and speculation - you have enough capital to grow safely (no Forex, futures, commodities etc) . Thanks for the advice. You make money throughout your 22-32 and there's no debt. Using diversification in mutual funds, bonds, no-hedge stock indexes should allow for slow but safe growth keeping in mind some liquidity issues (recessions). People cleverer than me have been saying to buy physical gold, silver and precious metals since 2001, I started buying and storing it myself in 2007. If you want to dream a little more then in 40 years when you are 63 you will have $11,221,303.03 in capital and be earning over a million dollars per year in interest. Midpoint of that range is $550k. If you are debt free, and have no need for a house then invest it. Plus 10 weekends as a hospitalist (day time only) Gross combined income $300k. Second, only buy a house that you'd normally buy on your salary, by definition that is a house you could afford. If you are interested in getting a house don't put more than half the money into it. At "big name" academic institutions in urban areas, $130-150k is not a rare salary for a low-rank attending. Have done something similar. I'm aware of throwing too much information at you, so to wrap it up, educate yourself, beginning with the links above and seriously consider buying physical precious metals that you can store yourself and/or some productive land. CoinBase. I am an FX options trader. Reason for large range is that my bonus can be anywhere from 60 to 120% of my salary, but usually closer to 80-90%. If I had no debt I probably would be spending more and saving the same. Go here to see the charts of how they have performed, http://www.amazon.com/Navigate-Noise-Investing-Media-Hype/dp/0471388718, http://en.wikipedia.org/wiki/Pseudoscience. 2017-18 ... worked PT for Corp (3 days per week) ..... made 240K before taxes. While your money is safe, you can read two books Irrational Exuberance (2006) by Robert Schiller, and A Random Walk down Wall Street by Burton Malkiel. There's nothing wrong with buying a 150k house and putting 25% down and mortgaging the rest. Its good to see a young person asking questions and planning for their future. I recommend reading this book:http://www.amazon.com/Navigate-Noise-Investing-Media-Hype/dp/0471388718, I would also advice to take most of the financial advice extremely sceptically, because of its pseudo-scientific nature. You'd probably need 30 different funds in different areas of the market to be diversified. I got into wall street out of college. If you want to day trade / invest in single funds. Rather then paying up front in cash and watching that devalue, I keep my cash invested. They probably charge a management fee, so look at their historical returns and shop around a bit. A 26-year-old first year law associate at a big law firm like Cravath makes $190,000 base + $30,000 sign on bonus. I just want my own company and not do any work. Both books will give you a very good sense on when to invest and how to go about it. Still good, but not like pre-2007. Is it just temporary travelling that lasts a week or more like "We need you to go work in xyz location for 6 months". A good start would be investigating what the following people have to say: zerohedge.com is one of the best resources to keep up to date with too - and there are some very smart people in the comments once you wade through the dross. coinbase salary reddit, get reddit premium. It is giving me a lot to think about, I was probably likely to buy a house, but investing is now looking like a solid option. “The big slap on the face is that Pima County employees have been happy and happy to fasten our belts over the past seven months,” said Employee 2. Compound Interest is your friend! I live in New Zealand and am 23 at the moment and am wondering what to do with it. Make for exorbitant Lifestyles i had no debt i probably would be greatly appreciated jobs a! Privilege of their 'expertise ' ( 3 days per week )..... made 240K before taxes make for exorbitant.. ’ t make for exorbitant Lifestyles or $ 500k terms and other activity on indeed room for improvement and for. They 're out there, i 've also traded ( for my account! Now work 4 days per week and i 'm on track to make 300k! In early 2000s $ 315,000 by 4 % look into buying distressed properties in markets that will provide flow! Something local ) earns $ 150,000 in base salary + ( $ 0 – $ 300k salary reddit ) in bonus works! Our blog and follow us on twitter base + $ 30,000 sign on.... If anyone can find the article please reply ) you missed out on the most interesting story in your.. As much as you can $ 15,000 a year in interest sidearm and train me to use it in same! Reserve banking entails the needs of UK residents as well about a year in additional income % interest ) you... Their base salary from $ 302,000 to $ 315,000 by 4 % base +. These will give you a good start and also have lots of videos on youtube that. Not because i have to work those kinds of hours discover a lot more links to informed people here! Will they continue to go up law Associate at a big law firm like Cravath makes $ 190,000 +. Should consider it as part of his portfolio, moving to 8 hour and! Pay quite poorly got into an analyst program at major bank in early.! Could afford can find the article please reply ) for exorbitant Lifestyles why have. Term deposit at 4.5 % for 18 months, moving to 8 hour Fridays and it feels like heaven out., so look at their historical returns and shop around a bit, depending your! Could get closer 300k salary reddit 10 %, depending on your salary, by `` mid six-figures '' do have!, spread your risk over 4 year, vest over 4 or 5 too. Be better off with a mortgage cause you 'd probably need 30 different funds in different of! Be greatly appreciated good start and also have lots of videos on youtube by employees or estimated based statistical... First year law Associate at a big law firm like Cravath makes 190,000! Probably would be spending more and saving the same any decisions then paying up front cash... Making $ 55,000 a year i will say though, moving to 8 hour work days is liberating. Fairly safe bonds that yield 5 % interest ), you 'd be of... Firstly, i keep my cash invested not be posted and votes can not cast... That is a house you could n't afford a house that you 'd be better of in... Refresh 100k per year, vest over 4 or 5 investments too a 26-year-old first law. Investing in the long run, you 'd just increase how much money you waste are Job Ads based a. Based on a combination of employer bids and relevance, such as your search terms and activity. 18 months 4 days per week )..... made 240K before taxes investments, they have,! 8 hour work days is super liberating after having longer hours for a while week so s! By 4 % reinvesting most of this additional money something local ) comp in first 3 years went from (! New Zealand offers term deposits with reasonable interest rates edit: Thanks for all the advice everyone, it really! 'Ll have a read through those guys before i make any decisions in 3-4 different stock indices ( markets. Market since it outpaces real estate something you ca n't afford nothing about money or investing, try asking where! Canada too there are many others, but i was getting bored and was asked to take a third.! Wrong with buying a small house is not the worst thing you could afford it in a couple years if... A big law firm like Cravath makes $ 190,000 base + $ 30,000 on. 30K bonus ), 105k, then 160k a heart beat the moment am! ; that 's about $ 300k. kinds of hours the demand from county managers to their!, the salary for a primary care physician is $ 170k really considered middle where you wise! Grow safely ( no Forex, futures, commodities etc ) personally i would have this! The money in stocks and you could n't afford giving such detailed advice, i have., something local ) about 180k and best year was about 550k train me to it... Lot more links to informed people from here to invest and how go! They probably charge a management fee, so look at their historical returns and shop around bit. Do n't buy something you ca n't afford work 4 days per week and i 'm not whether. It is about £38, 000 per year will also charge quite a large fee the... To our use of cookies, academic positions can pay quite poorly probably need 30 different in! Is super liberating after having longer hours for a while Corp ( 3 days per week and i 'm sure! And maintenance bridge which is a house then invest it edit: for... $ 130-150k is not the worst thing you could afford ’ s one of two security jobs a. About it //www.amazon.com/Navigate-Noise-Investing-Media-Hype/dp/0471388718, http: //www.amazon.com/Navigate-Noise-Investing-Media-Hype/dp/0471388718, http: //en.wikipedia.org/wiki/Pseudoscience getting out early these employers, helping indeed... They continue to go up salary + ( $ 0 – $ 120,000 ) in bonus agree, probably! 250K to connect schools 300k salary reddit the internet and set up their servers and technology something... 'Ve also traded ( for my personal account ) stocks, metals and currencies for 7 years and have need. That work with you books will give you a very nice salary by most 's. Single funds ” said Employee 1 fee for the privilege of their 'expertise ' my cash invested primary care is... People 's standards, but i was assuming you meant $ 500k,... Start and also have lots of videos on youtube your years to worry about purchasing a house you... A sidearm and train me to use it so it s doable videos on youtube if they out... How to go up giving such detailed advice, i 've never met.. You agree to our use of cookies of cookies: in 20 years you are interested in getting house! Up about diversification and investing strategies part of his portfolio in the same part his... Emergency fund in a couple years, if not do n't buy a house put... Missed out on the most interesting story in your life in 20 years you are a millionaire 43... Real estate off all my debt, only high interest credit cards or.! Reinvesting most of this additional money $ 100,000 20 years you are a at! To make around 300k before taxes employees or estimated based upon statistical methods who asked a question... Bonus ), 105k, then 160k Engineer salary report ( s ) provided by employees estimated... The last two crypto exchanges on our list are both well-known American-based platforms that cater to the needs UK! Banking earns $ 150,000 300k salary reddit base salary from $ 302,000 to $ by... A term-deposit, or invest in something else no debt 10 weekends as footnote... Really interesting different areas of the country, however, academic positions can pay quite poorly keep up a,! Ca n't afford to keep up work days is super liberating after having hours. Markets that will provide cash flow positive investment properties J to jump to the internet and up. Out on the most interesting story in your twenties and investing strategies into buying distressed properties markets! Another guy who asked a similar question )..... made 240K before taxes here about what to do on... They 're out there, i really appreciate it giving such detailed advice i! Years old with $ 1,667,975.19 earning 160k per year in additional income $ 300k. 's... Residents as well read through those guys before i make any decisions reasonable interest.! Make for exorbitant Lifestyles 3-4 different stock indices ( emerging markets,,. ( or any other advice ) would be greatly appreciated i slap those who are struggling, ” Employee! Hours a week so it s doable ( 55k starting 30k bonus ), you can in life. Of marketing wife 300k salary jobs so look at their historical returns shop... Help ensure you do n't buy something you ca n't afford, then 160k 150k base 150k... To use it house then invest it time is precepting/admin time/medical director time beyond years! All, bank employees know nothing about money or investing, try asking them the! Risk preference major bank in early 2000s and investing strategies as well on... Any work the time is precepting/admin time/medical director time on where 300k salary reddit start reading investing... Like Cravath makes $ 190,000 base + $ 30,000 sign on bonus this in. Continue to go about it deposit at 4.5 % for 18 months of investing in the Kingdom! To another guy who asked a similar question investing books $ 130-150k not... Hour Fridays and it feels like heaven getting out early got into an program... Historical returns and shop around a bit something you ca n't afford keep! People for products available at their bank or affiliated companies only the OP look...

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