I think those personality tests are bs anyway

Anyway

With all that would you say you’re probably left with around 2900 dollars a month after everything’s been taken care of @8trax

8trax hasn't even said where he lives

after i put around 2k in savings? i have about 2k -2.5k yea

how the hell can you calculate his remaining cash

Cause it’s easy to calculate people’s spending habits

no dingus

Different States or countries all have different taxes for different classes

we don't even know his exact income or location

i gave him my net income

I’m currently taking courses for series 6 and series 7 in financial advisoring

so he could calculate it roughly

hes been pretty close

And this is without seeing any actual figures on paper

Now my question is

Why in the sam hell are you putting 2k in savings a month

why would that be bad

its not all "savings" some of it is stocks

Okay

That’s better

i mean .. i am saving that much back but not investing it all

I was gonna advise you to split that money

I even think you should take it a step further

And split it three ways

im still building an emergency fund. like i said i was making 30k just a few years ago

Into savings, safe stocks, and use the remaining money into investing into risky stocks with high profit

thats the plan

You should also look into investing into businesses such as franchises

With your current net worth you probably could invest into a smaller franchise

eventually. Looking into housing possibly too

And they do all the work for you

You just need to back them up with the money

They usually have professionals do all the calculations on where the building will be for maximum profit

Housing is also a good idea

i always wanted to open a laundromat or car wash honestly. Have been putting some thought into that but thats a ways off

Rental properties are great passive income, but require more effort

To get started

No

Don’t do that

Laundromats and car washings been over saturated by Asians and Arabs