What do you do for a living?

I would've thought that wealth management and owning a reef tank were mutually exclusive endeavours... ;)

My advice to all of you is quit the hobby and start contributing that money to an IRA.

If you invest 200 a month at 5% after 10 years you will have over 30,000.

After 20 years roughly 82,000.

If you average 7% you'll be over 100k in 20 years.
 
I am retired.
When I worked I was a union Heat and Frost Insulator. When I retired I had 40 years in.
When I first started my trade in 1974 our title was Asbestos Worker.
 
I work on the finance side of building, investing in, and owning stuff like this.
IMG_4544.JPG
 

TOP 10 Trending Threads

WHEN PLANNING CORAL PLACEMENT, WHAT USUALLY WINS? THE FUTURE COLONY, OR THE NEXT FRAG?

  • I leave plenty of open space for large future colonies

    Votes: 3 21.4%
  • I plan for growth...but occasionally squeeze coral into tight spaces

    Votes: 5 35.7%
  • I try to balance future growth with variety now

    Votes: 4 28.6%
  • I fit in as many frags as I reasonably can

    Votes: 2 14.3%
  • One more frag always wins! Future me can solve the problem...

    Votes: 1 7.1%
  • It depends on the coral and how quickly it grows

    Votes: 1 7.1%
  • I squeeze 'em in! Survival of the fittest, baby!!

    Votes: 0 0.0%
  • I’m already out of room, so apparently we know my answer...

    Votes: 1 7.1%
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