/biz/ - Business & Finance

>>16521833
assuming it is not taxable; market buy link with $900k. the rest of the $100k would just be for expenses, moving out, quiting my job, etc.

>>16521852
what a stupid sack of shit lmao, kys

Half silver bullion half small cap silver miners

>>16521900
>turning $1M into $400M
>stupid

>>16521943
>my glubdocurency is going to da moon

>>16521833
300k down on 3 different million dollar businesses/properties. Use the 100k on downpayment of small comfy mountain house, live on the income and pay off the debt. when debt is paid off save up (shouldn't take too long) for a million dollar house.

>>16521833
Would you just walk everywhere until 2025 when Elon finally delivers the cybertruck?

>>16521833
Buy $500K worth of LINK and live off the other half until i mega make it

>>16522018
Youre new here arent you fren,

>>16521833
4 green houses and a red hotel
a million isn't enough

>>16521833
100x long bitcoin next drop

Buy a million dollars worth of cocaine and run the underworld with a iron but fair fist

>>16521833
Put it in a CD, live of 2.7% interest ($27,000 per year) and maybe reinvest it if I see a really promising stock. But mostly just live off interest and go backpacking and live on the beach.

>>16522071
thought it was 2021?

>>16521833
I would pay my debts (house, car, etc.), that would take about 150k. I would then quit my job and put 200k to BTC and 200k to few altcoins (LINK mostly).

With rest 450k I could live comfortable about 20 years without wage cucking. So link and BTC would have 20 years to make me some more money.

Buy a cargo van and upfit it. Then buy Ikon/Epic ski passes and road trip all winter and spring to different ski resorts.

Invest $750k into crypto

>>16521833
same thing I do now:
5% in real estate
5% in bitcoin
90% in world stock index

Make more money.....

40% - BTC
30% - ETH
20% - ALGO
10%- LTO

>>16521833
Two chicks at the same time.

i would probably just buy nice clothes and apple products, maybe a new civic. 1m isnt made-it money.

>>16521900
But Op buying a shitty over priced car in a shitty nigger neighborhood house is smart.

>>16522468
It is if you know how to do anything but spend money

OP is a cunt. His brilliant plan for 1 million is 400k house. A truck that doesn't exist and then "figure something out".

The absolute state of biz retards.

>>16522626
enlighten me then oh wise one

i have literally 1 mil in liquid and just put 5% in a small tiny home for mother, 5% in bitcoin and 90% in world stock market index.

what else can I do with it?

>>16521833
huh. this was unironically in the back of my mind and then seeing it posted made me realize how retarded I am. Sometimes /biz/ is a mirror to the soul it seems.

>>16522764
Lol this

>>16521852
That would result in a 80% loss on your capital

>>16522081

lmao then why are you locking in slow safe gains retard?

>>16521852
>putting money into a crypto that has already double pumped.

kek

>>16521833
$1,000,000 USD no taxes

First, open up multiple savings accounts with high interest rates (1.5%+)
Second, start working on a strat to turn it into more money (no stocks im gonna be left bagholding large amounts of stocks like those in the great depression)
Third look into real estate for renting out and getting a middle man company that handles all of it for a cut cause im not about to deal with finding people, making sure payments are done, fixing stuff, and evicting people.
Fourth, consider "investing" chunks of the money into other countries as a precautionary measure should the usa collapse and gain citizenship in another country.

>>16522076
Cringe. I bet you’re poor.

>>16521833
>You are given 1 million dollars for free.
The flaw in your plan. You might as well stop right there. It's not gonna happen.

Just dca into BTC and you migjt make it.

30% SPY 30% REIT 30% TIAA CREF HY product of some sort 8% crypto 2% toys keep my day job for a few more years

>>16522124
Hi Elon

Remember when you said you’d have a million self driving taxis on the road in 2020?

>>16522915
why REIT?

>>16522427
Only good answer.

>>16522914
nice

>>16522056
I forgot to add continue working some type of job to help with the debt, even if its low stress and simple

>>16521833
90% into some ETFs, rest in some asset

>>16522942
Because I’m not quitting my somewhat lucrative day job to manage a small real estate portfolio when I can pump it into a REIT instead

>>16521833
Buy a nice computer, get a car, get a nice bed, save some (100k) and invest the rest

>>16521833
50% into BTC
15% into ETH
15% into LINK
10% into XMR
10% for spending expenses

>>16522935
He actually said “We will have more than one million robotaxis on the road,” Musk said. “A year from now (end of April 2020), we’ll have over a million cars with full self-driving, software... everything.”
"These cars will be Level 5 autonomy with no geofence, which is a fancy way of saying they will be capable of driving themselves anywhere on the planet, under all possible conditions, with no limitations. There are no cars on the road today that are Level 5."

>>16523130
And there won’t be any Level 5S on the road at the end of April 2020, not from Tesla or anyone else.

Toyota is probably the closest, other than the “no geofence” part. They have a few test vehicles that can do their thing inside a small well marked area in Japan.

>>16523234
Lol. Toyota.No fucking clue.

How many miles of training data do toyota have again? in October 2019 Tesla passed 1.8 BILLION full self driving miles. They are decades ahead of everyone else.

>>16523299
Training data isn’t the sole determinant of getting to level 5. If it were Tesla wouldn’t have been repeatedly wrong about when they’d have it. Unless they know and have just been lying these last few years.

Toyota has easily the most advanced sensor package and the best integration. I have no idea how many miles of data they have because they don’t release that info, but it certainly is in the tens of millions considering how many human driven but telemetry equipped taxis they have in operation.

>>16521833
100% CENNZ,...they are having a 300k DAU and growing at 10k per month. Top 40 on cmc and the list goes on. Seriously im not surprised if they get to 100x next year

>>16523004
Why would you think REIT's not go to shit if S&P500 does? Why even bother including a REIT, why not just use S&P?

It's not like REITs won't correlate with rest of market.

>>16523535
lol 37 of the top 40 cmc are shit that will go to zero...

>>16521833
Pay off house
Fill up college funds for kids
Put 750k into savings account And wait until everything is cheap again.

>>16523562
>Thinking everything is hight atm...

>>16521833
$500k S&P500 (VOO)
$200k non-US index (VXUS)
$100k dividend stocks (DIV)
$100k bond index (BND)
$90k short term bonds (BIL)
$10k in my checking account

>>16521833
there are so called logical being out there right now that are pre ordering a vehicle that at its current state is nothing more than a mere untested concept that wont be shipped till at least 2021/2022 which means there are people out there who are willingly giving elon musk a 0% interest loan.

>>16523649
why differentiate dividend stocks?

You have to pay tax on caashing out dividend, you can choose WHEN to pay tax cashing out stock. Just don't see pint of holding dividend stokcs

>>16523683
just a personal expectation of crab markets. agree with you on tax implications

Buy a 200k house for self. Buy 10 x 50k (or as many as you can get for 500k)retirement apartments in maintained buildings. They come up cheap cos of old father time and squabbling families. Rent out the apartment. Keep building on this. Have 300k to fuck around and fund other ventures with while earning big passive income. Keep it low key until you have a million liquid and a million in assets.

>>16523772
Can you elaborate on your personal expectation on crab markets?

>>16523858
the last several years in the US markets have been a hell of a run. while I don't foresee a major drawdown with interests rate where they are, it would not surprise me that we correct in time (vs. correcting in price) as a healthy part of any market cycle.

>>16521833
I'd buy 66% of a house in Toronto and continue to wageslave.

>t. Leafistani

>>16521833
Buy a shitload of SPHD and live off of dividends.

>>16521833
1M no taxes deposited into my bank

>100,000 transfer to parents

>400,000 transfer to Robinhood
100,000 each VOO/VYM/VGT
100,000 cash

>400,000 transfer to Coinbase
100,000 each BTC/ETH/LINK
100,000 cash

>Bank
100,000

stop wagecucking and only play gigs as a solo classical pianist for restaurants/events and maybe teach

save as much as possible for deep-dive VR

>>16522389
>Vanlife skibum
have fun freezing to death, vanlife is for summer seasons. everyone I know who skibums just works at the resorts and lives in their dorms.

>>16521833
live a simple NEET lifestyle

>>16525575
not true at alll

>>16521833
400k in Tax-free account and fully maximize it every year without any work
200k savings.
400k in standard account. put all of it in dividend stocks. Enjoy 3k per month dividend.

>>16521833
That is just enough for my basic dream plan of
build basic dream home, with possible room rent option ~500k
try inventing/building in a basic new workshop ~200K
invest in retirement options ~300K

Still going to work normally and it's not enough to fund any grand ideas, like my planned city or buy out all media rights for make better Netflix.

I think you are going to just get the practical things like we just said buy home, car with investment. Or the madmen who bet it all on X, because one heavy investment in a "sure thing" will pay back many times over. Need more money for crazier ideas.
oh, found some posts planning to blow it all on one big thrill event, I put that as third option till I see a 4th.

I'd use it to help build the world of course

100k goes into the crypto known as [redacted]
50k goes into various cosmetic treatments
250k goes into buying rural land and building a house
100k i keep in savings for NEET expenses
500k i hire a jew accountant and have them invest it in boomer assets

>>16526248
>500k i hire a jew accountant and have them invest it in boomer assets
Just put it in an SP500 index fund, or total market index fund. Asset managers are useless.

>>16521833
Pay my good goy taxes first. Then with the ~$600k left over, buy a house for $300k, put the other $300k into the bank, and buy the dip come the impending recession.

>>16526350
Isn't everyone predicting a market crash soon though?

>>16526404
doesn't matter if you DCA every month and reinvest the dividends and only start withdrawing after 5-10yrs
then you can safely take out 1-5% yearly and reinvest the rest while the original principal grows 1-5%

>>16522076
>MUH PRINTED OUT OF THIN AIR SHITCOIN IS GOING TO MAKE ME RICH EHEHEHEHEEHEHEHEHEHEHHEHHE DONT MATTER IF CREATOR OWNS A STACK THE SIZE OF THE ENTIRE CIRCULATING SUPPLY ME RICH SOON EHEHRHEHEHERHEHEHEHEHEHHEEHEH ME SMART CAUSE ME TRUST PAID SHILLS EHEHEHEHEHEHEHEHEHEHEHEH THANK YOU SERGEY FOR DUMPING 20 MILLION TOKENS AT ATH CANT WAIT FOR YOU TO DUMP THE REMAINING 330 MILLION COINS WE GOING TO THE MOOOOOON

>>16521833
I'd all-in UPT under ICO, and wait until I had $20M. Cash out half, never work, let the rest do its thing.

I would fly to Philippines and rent out entire gogo bars

>>16521833
LINK
ETH
MKR
SUCK MY MOTHAFUCKING DICK

>>16526367
>buying a house before recession
retard.

>>16521833
what before or after tax op?

get myself out of a shithole i live in
get my bf out of a shithole he lives in
education for both

>>16521833
but irl I have to decide what to do with 5 mil. and pretend forex trading with pretend internet money sounds gay to me.
buying real estate and reinvesting dividends sounds better.

>>16522076
>he thinks its 100% going to go up

>>16521833

Buy an apartment (400k), med school tuition (300k), 25k in checking account for everyday living expenses/bills, etc, 275k in savings accout. Could buy another small property somewhere and rent it out I guess but I'm not a faggot who cares about investing every penny and gouging some poor sod on rent so I'd just keep it in the bank.

500k to btc
250k to eth
125k to pump my own coin, not gonna tell which one
50k cheap land in the mountains
50k decent motorhome
25k living expenses. I can live off of 25k for 25 years

Die peacefully

>>16528005
>but I'm not a faggot who cares about investing every penny
this is why you'll never make it

>>16521905
Nice silver Chad, but you can have a little fun with your money too.

>>16522427
fuckin' a

>>16521852
>>just believe
>>trust me the source
>>weird esoteric shit that has nothing to do with tech
>>trust me it'll take off
>>it'll moon anytime
>>it'll be worth 42,000,000 per link easily
>>billions on billions marketcap, zero risk goy!
>>overthrowing jews and globalism
>>muh cope
>>muh hiring team
>>muh partnerships
>>muh dderivatives
>>muh radio silence means it's coming, next month!
>>muh, muh, muh

all we ever hear from you faggots

>>an army of shills, two years of insane marketing could only barely x10 a scam
>>now that the clouds are closing, sir gay is exit scamming

SIRGAY FOR PRISON 2020!

>>16522072
>Based in the cayman islands
>Gives same presentation past 3yrs
>Nothing is intellectually patented
>>nothing burgers starting with sibos 2017
>JSON Parser
>Countless "insiders"
>Confirmed security by law group
>Manipulated price action
>Rest of the year = same presentation
>More covert price action
>Hire more shills to promote (You are here)
>SEC launches investigation
>Sergey Disappears
>Dev wallet dumps all tokens
>Team freaking out
>Confirmed edit scam all over the news

Master, please binance me again

>>16526792
How clearer can I be? You know those threads about DB doing under? Or real estate prices getting slashed in half? /entg/? Halvening price prediction threads? DEX threads? The absolute state of corporate culture threads?

Again, you know damn well that your kind does everything they can to bypass the filters. It triggers you that people aren't interested in buying your token after 2 years. Hence all the "imagine being a nolinker lmao" gaslight threads you've been posting for over a year.
You all like to play the victim because people are being hostile towards you now. You deserve every bit of hostility you get tenfold.
Just post the screenshots of sirgay paying you, we'll take care of the rest. We know it's paid promotions. We know he hustled to sell to anons here for his ICO. Just post the fucking screenshots and we'll unravel, hell you could even make some money shorting it. We all know the nefarious things going on behind the scences; the bribes, the paid promotions, the false consensus building, the shill groups, the scheming, we can see it from here.

>>16525575
A Webasto heater can keep a well insulated van at 80 degrees while freezing outside. I'd have both a Webasto and a Propex for backup. Webasto runs off the gas tank and Propex runs off a 30lb propane tank mounted under the van.

>>16523088

90% btc
10% xmr

Eth is centralized
Link is a complete shitcoin

Earn more money

40% - BTC
30% - ETH
30% - ALGO

Buy a child sex slave

One mil is actually around my goal, I want to buy land somewhere remote and homestead.

>>16528005
>300k for a degree
Never understood this. For 300k you could buy a nice apartment in Europe near a prestigious university, get the tuition for virtually free, then after 4-6 years you can sell the appartment for a 50-100k profit and move back to the US, debt free.

>>16528539
Lol
The condition to get a ticket on Epstein's Lolita Express is 50x that net worth at least. You think any goiboi with a bit of cash can get in?

I'm a full blown boomer so this is full dad mode
>Pay off most of my mortgage, but not entirely as owning property lock stock can have tax implications.
>Quit wagecucking
>Important to show "the kids" I'm not a worthless NEET, so get a job that is fulfilling, but simple, lets me do my hobbies and investments. Might go for a pilot's licence, volunteer at the hospice near me.
>Likely buy a second (and third) property and rent it out to polish immigrants, that'll likely do 5%+
>Put say 100k on classic stock market, over the long term that'll likely do 10%.
>Bit of crypto, but not that much. I'm a dabbler. Moon or bust. Say 100k
>Emergency fucked everything up savings account, 3%.
>Say 100k for the wife to spend on whatever the fuck.
Don't think I'd start a business, you need to be hungry to win and I'm a cheap guy. Books, family, hobbies

House, wedding, live off the rest for kids. Probably would have to work but itd be a life changing boost.

>>16528886
Absolutely fucking based and best answer here. Would do the exact same.
>100k for wife
100k is well worth it for a lifetime nag pass. Best part of your answer.

$500k basic house
$450k ETFs
$49,995 chainlink
$5 big mac

>>16521833
I'd buy rental properties with 80% of it and the remaining 20% would go towards setting up a cheap and sustainable lifestyle with some contingencies should some bad things happen.