Re:Why in the world would you own bonds?
by DebtDeflation on Wednesday March 17, 2021 @01:51PM
(#26494606)
Download the Blind app and read some of the posts, you'll get a kick out of it. I'm honestly not sure what to make of all the 25 year olds claiming >$500K TC. Near as I can tell 1) it's largely a FAANG/SV echo chamber 2) 80% of the TC claimed consists of an initial grant of RSUs divided over a 4 year vesting period with an assumption that "refreshers" are coming and 3) people include price appreciation in unvested stock as part of the TC. Either that or I'm seriously underpaid with 25 YOE despite being well within the top decile of US income earners.
Re:Why in the world would you own bonds?
by pedrosorio on Thursday March 18, 2021 @12:29AM
(#26499671)
> I'm honestly not sure what to make of all the 25 year olds claiming >$500K TC
I have browsed the app and don't recall many 25 year olds claiming >$500K TC (except those who were part of particularly lucky IPOs). 30+ year olds, definitely.
The other 2, no idea.
As a counterpoint, I have a BSCS, and closer to 35 YOE, and I have never, nor will ever in my lifetime see $800K/year. To date, not even a quarter that.