Tell me your financial situation and how will this collapse affect to you?

32. LOST 50% OF MY LIFETIME OF NETWORTH. NO POINT IN LIVING NOW. WILL HAVE TO WAGE SLAVE FOR 10 YEARS JUST TO GET BACK TO WHERE I WAS LAST MONTH.

Lost 18k due to leveraged long today.

what were you invested in and why no hedge with PMs?

How stupid were you to go long during coronavirus?

>26 NEET
>$6k in bank, buddies owe me another $2k
>set to receive sizable inheritence from grandpa who's on his deathbed
>searching for IT jobs, guaranteed assisted living job from aunt's company if I can't find anything in the next 6 months
Honestly the collapse has just slowed my job search down a ton and given me an excuse to not leave the house. Mostly been studying up on AWS to see if that can land me anything.

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Cashed out my IRA two weeks ago before the panic started and the market tanked. Feeling pretty smug desu.

I never sold still havent. but I had large positions in 2x and 3x index etfs. These are down 50-90% now.
I only had 3% in PMs

Why can't your wife work is she fat?

>work for 100% liquidity financial institution
>continuing to work from home office
>incrementally buying equities all the way down

Feeling pretty comfy OP thanks for asking

45k ausbux with 5k split 50/50 physical gold and silver. I contacted my bullion vender and they're going to call me hopefully today to guarantee my 10k split order.

I save 300 ausbux per week so it's stupid for me not to put it in a long term investment my savings will devalue.

im fucked

Car payments are my only debt. Currently unemployed but sitting with 20k in my account.

Curious to see what tech jobs will still be hiring after this blood bath.

Been looking for tech jobs this week, the only ones I'm seeing are involved in the medical/insurance industries but holy SHIT are they hiring

Ok boys ready to get rich. I need some one to start up a rpo call it. (3peo-m) 3d printed emergency oxygen mask. Ok Now I need a 3d printing company that wants to step up. I need a us suppler for material. I need marketing campaigns. I need a board lets get this rolling.
[phi] out. We have 3 days to procure execute.
You fucks going to just sit there and wait to die.
Its time Its time now GO

La Mao

If I cut all non-essential bills, I'll have enough savings for about 6+ months of rent.

Have $$$ will invest for board seat and director title

First to set up legal get first dibs on seat I will reconcile back stage I am [phi] to whom am I to refer to you.

Poorfags are stupid because they marry women that are more poor and lazy than them.

Literally every woman can work, even if it's only as a hairdresser.

at this rate looks like I'm getting a free check from Uncle Sam and might not have to pay rent or any of my bills for a while, based?

Hyperinflation will kill it. You guys want to survive get your mind into supply and demand you need to start supping now.

29 yo $85k income Unmarried
I don't care because I'm working from home with my parents and sister. I'm more bored than anything. We got shittons of food from Costco and we're looking at possible ETFs to buy when they get low enough. It's like I'm on vacation.

Sucks that my 401K, Roth IRA, and stock account are all being capsized by coronavirus but I have 15k liquid sitting in my savings account.

26, comfy tech job working from home

Have 3k left in debts ans paying it off like usual

Letting automated crypto buys run so my dca is decreasing.

401k got BTFO but have less than 10k in that so not too worried.

10k private, 25k on business account and around 25k invested in crypto (link, btc, vidt etc.)

The funny thing is I was smoking sooo much weed in the beginning of the year, that I decided to save all the shit I got and get rid of my car and stuff so I dont have to work 2020 at all.

guess i can just continue that lifestyle but this time with a good conscience and pretty comfy

I've been stockpiling cash for the past 10 years waiting for the next market crash. I'm fucking ready.

I have 3.1 K USD saved up. Please tell me what to invest in, and how much. I have no idea what to do with it or how this shit works

airbus

How much cash user? Do you have it in a savings account or your local credit union?

401k showing -26% rate of return. Only way I could take any of it out was paying John HanCOCK 5.75% to borrow my own money. At this point I'd give it all up if it meant the western financial systems went completely tits up.

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I honestly don't know. I'm working from home for an insurance company and have about 4k in the bank. I just don't want to be laid off...

based 180 IQ long-view ammo hoarder

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I’ve lost 50k in 3 weeks.
I have good cash flow and some savings.
I’ll be fine.
Feels bad man

>working from home
>for an insurance company
>don't want to be laid off...

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Fucking good. That's how the boomer's job market was back in the day. They only got fast promotions and easy jobs because old people died at age 60.

Now the current boomers die later, don't want to retire, or can't retire because they have nothing. Less openings at the top means less promotions, which is why America kept saying that the future of jobs is the "service industry". What fucking retarded shit is that. McDonalds already replaced people with giant iPads and Walmart/Target replaced cashiers with self-checkout.

Might get laid off and collect unemployment check for a few weeks so buying less vidya, but I already have fighting games I want to get good at so just gonna play those until company starts me up again

Yeah, that's what I figured. I'm ready to kill myself.

>i just don’t know how much lower i can get
about $400

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28, 5k in an account I just liquidated. Rent for 600 bucks in NYC, and no obligations to take care of. GF is in New Jersey and under lockdown.

Found a shady chinese shell company to hire me to translate their shit into english, while I work from home in the meanwhile. They pay monthly in cash. I think i'll be alright for now.

23, last year of econ. third wordler with some money I been saving since two years ago to throw at my favorite alt at the crypto bottom

lost 50% of my wealth during the past 2 weeks. Half of 10 years of saving. Too afraid to tell my wife about it, things aren't doing great between us lately and she'll probably ask the divorce. And since i'm a yuropoor she'll get the 50% left guaranteed.
Can't afford to lose everything in a single month so i'll keep lying while leveraging like a mad man to either get my money back, or lose it all and kms.

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30 here living with parents atm
I did 8 years in the ARNG, got out in 2016, worked some shit jobs, then decided to use my GI bill and go back to school.
I graduate with an Associates in Cyber Crime Technology in May. I'm hoping to get some kind of SOC analyst job or some other kind of cyber security position since the field appears to be hot right now, but we'll see. If worse comes to worse I'll try to go back in the military.
I've got only 3k in the bank right now but no debt.

Don't kill yourself, brother. Take your 4k an invest in an AR15 and lots of ammo and make the transition from insurance to wasteland raider.

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That sounds kinda stupid
Had you invested 10 years ago you would be up now anyways

I produce dried soups. I will be a millionaire soon.

>but no debt.
That's the big deal, user. I know so many people that make good money but they're leveraged so far they're mid six figures in the red.

parasite

student on scholarship so no debt, also no job so no trumpbuxx :(.
$618.73 to my name, soon to be entirely in LINK. I need $40,000 by late 2021 to buy the cybertruck

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im also going to buy a few barrels of oil, you never know I could make a few bucks off that

>35 years old
>Has 401k that I never pay attention to, definitely wrecked
>Started casually investing in stocks/crytpo in October, using money I used to spend on Western influenced media and eating out, seeing actual progress
>Someone in China decides to eat a bat, gets sick, starts coofing
>Progress destroyed by almost 40%

At least it's still there, what little I had trying to play with initially, and not a bunch of useless movies and pozzed books I'll never read again. Still feel good

As long as I keep my job its a primo opportunity to accelerate my wealth building

>27
>Working remotely in Latin America while waiting to go to grad school
>50% off grad school tuition
>4k in credit card debt but got a few good gigs going, waiting for money from a house sale and shit is dirt cheap down here

Feels alright desu. I'm a bit nervous but don't reckon there's any point in going through a infestation haven at an airport to get back to the State right when coronachan is set to kick into overdrive. Aim is to have at least 5k saved for grad school and 7.5k in a retirement account by the summer (5 of which is already there from a previous job). The housing thing is nerve-wracking but it's set to close this week, so hopefully it'll be fine.

Damn bro, I lost 30% yesterday...

>welfare leech with no money at all
I feel like death will be an improvement at this point.

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Live with financially stupid parents who are in full panic
Working a shitty but luckily very stable factory job. I might have no education but at least I'm not unemployed...

I had $100k in govt bonds

I just sent $50k of that to the share market

I might send the other $50k next week if it continues to nose dive

I'm hoping in 6-12 months my $100k turns into $150k

Then I'll put it back into bonds

no. fag.