I only make $2500/mo and i invest $1000/mo in stocks

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10 Comments

My take home pay is around $2500 a month and I only live on $1500 of that (no, I don't live with my parent; I live by myself in Southern California where the cost of living is quite high.) I'd rather save an extra $1000 a month so I can travel every few years and/or retire early.

I rarely buy clothes, cook almost everyday, and have a cheap smartphone plan. Plus, I've got no debt. Although I have enough saved up to buy a new BMW with cash, I'm still driving my 14 year old Honda which has been cheap to maintain and still works fine. The total value of all my possessions (when purchased, including my car) is probably less than $10,000 but I've spent more than $10,000 on an overseas trip to Europe a few years ago.

Do my spending priorities seem weird or normal?

Voting Results
60% Normal
Based on 53 votes (32 yes)
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Comments ( 10 )
  • anti-hero
    10 years ago

    Sounds smart to me.

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  • [Old Memory]
    10 years ago

    This actually isn't a bad idea. It is better taking a chance with the stock market this way rather than putting all of your gold into one pot at once. Does not seem unreasonable at all and might actually pay off very well in the future if you are making very well informed investments.

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  • robbieforgotpw
    10 years ago

    Yes very wise. The stock market never crashes

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  • Rick_Bawls
    10 years ago

    No, it is smart. You must be a Republican, as a Democrat would foolishly piss the money away!

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  • CreativeThinker
    10 years ago

    wow... i wish if i could ever do that

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  • Avant-Garde
    10 years ago

    It sounds like you've been doing fine. I just hope that you've made wise investments as the stock market can be very tricky.

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  • donteatstuffoffthesidewalk
    10 years ago

    might think bout goin short soon. awful volatile lately but japan lookin decent soon

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  • KingRabbit
    10 years ago

    sadly this isnt more normal, but it should be. good for you.

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  • thegypsysailor
    10 years ago

    I'm more of the "you can't take it with you" sort. I could die tomorrow and I damn well don't want a couple of million bucks in the bank when I go, that I could have used having fun when I was alive.
    But to each his/her own. I can't fault you for doing it your way.

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  • handsignals
    10 years ago

    You could be snortin lines off some chicks big fake titties and rollin in a new Camaro WTF dude.

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