Ask HN: Best Way to Save 200k in 2 Years?

6 points·davidjnelson··15 comments

For a down payment without pmi. While renting in the Bay Area. Seems pretty straightforward if you work at FANG.

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How much do you make?

If you make $50M a year it's trivial.

If you make $100k a year it's impossible.

Net 200k or more without spending 200k.

Oh, was there some context you thought might be helpful?

1. Get high paying job

2. Move in with parents, and have them pay for everything

3. Do nothing outside of work

4. Possibly dodge taxes

5. Success!

Seriously though - are you talking about making $200k to save, or are you earning enough to live, AND put away $200k, but are looking for ways to streamline your living expenses?

In lieu of parents you can also move in with a SO and have them pay for everything. Entirely possible if she loves you enough, you just pay her with your body and break up in 2 years.

I've done this unwittingly. It was terrible, I don't advise it.

Steal 1M in Bitcoin; hold for 2 years.

You could be one of those people living in a van in the company parking lot. No expenses!

Whatever crazy ideas you come up with protect your health - eat well, train and don't stress too much!

Automatic deductions by the employer to a tax deferral account. Depends on what you are doing this for...

working for a FANG company while renting in the bay area ... and you ask the www at large? Seems pretty straightforward you should already know what youre doing.

Facebook Apple N ?? Google

Never heard this term before.

Netflix

Duh, thanks. Not in SV myself, obviously.

Buy 2 bitcoins NOW!

Travel back in time, buy bitcoin

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