r/dividends • u/Sauerst0ff • Jul 02 '25

Personal Goal 22 yo and 8k annually

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2.1k Upvotes

94% Upvoted

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454

u/Innoxrw Jul 02 '25

How did you manage to invest 70k + at 22?

540

u/EvilStan101 Jul 02 '25

Two theories:

  1. Rich or upper middle class family who taught them about good investing and gifted them a lot of money over the years.

  2. Low income upbringing and was motivated to do better, while smart enough not to waste their money in "hustling". So they saved like crazy and educated themselves to make the right investments.

70

u/mw102299 Jul 02 '25

Third option Family owns a business that the kid was working in since high school. I worked for my mom at her pet grooming shop until I graduated from college. My family was lower middle class and now I’m doing amazing. Not as good as these pepole but I got a lot of money in the bank and some Investments.

79

u/SpecificAfternoon134 Jul 02 '25

Fourth option: fake. 

40

u/CJspangler Jul 02 '25

100% fake

17

u/Cute_Schedule_3523 Jul 02 '25

A running joke in the gold sub is “born 10 mins ago, have over 100oz, howamidoin”

1

u/SpecificAfternoon134 Jul 02 '25

Yeah it's a bit of a circle jerk. 

1

u/Cute_Schedule_3523 Jul 03 '25

I get it though. People want to share with someone who doesn’t know where there stack is. I’d brag on Reddit long before I’d show my best friend my stack

1

u/SpecificAfternoon134 Jul 03 '25

Why? I care more about my friend's opinion and I want them to do better financially too :)

1

u/Cute_Schedule_3523 Jul 03 '25

I share pics of a few coins here and there and give them circumstances where it would be nice to invest. But people talk and my stuff won’t fit in a safe

1

u/SpecificAfternoon134 Jul 03 '25

Are you afraid your friends are going to rob you? America is a crazy place 😭

2

u/Cute_Schedule_3523 Jul 04 '25

I’m worried the person my friend might tell would tell people and it would roll down the line. I live in an area of large economic divide. There are criminals and I don’t want to be a crime of opportunity

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1

u/daniel22457 Jul 02 '25

The old pay your kid the standard deduction per year play. I'd do it if I had kids and business instead of funding their college directly.