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25853860 No.25853860 [Reply] [Original]

is 1 million enough quit wageslaving or will I need more?

>> No.25853982

depends on where you want to live

>> No.25854091

Also depends on how you want to live. Do you need a 5 bedroom house with a pool? Do you eat out every other day? Do you drive an f150?

>> No.25854119

>>25853860
could be on some parts of the world
also depends on how much is in btc

>> No.25854122

>>25853860
Its enough just grow it wisely

>> No.25854134

A mil Will bet you about 20k a year in interest. If you can’t live off that then you are a consumerfag

>> No.25854154

The only smart answer is take half and save it/invest it in reliable stocks. And tesla calls.

If you're a good investor, you'll make a shit ton more money with the other half you gamble with. If you were just lucky, you'll only lose half your profit.

>> No.25854155
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25854155

>>25853860
Pay off your credit card denbts, find a nice tract of land somewhere warm, plant your own food garden, build your own DIY house by watching YT videos. That's my fantasy.

>> No.25854173

It's enough to ensure a basic lifestyle, especially in southeast asia. From there, you are then free to take your time deciding how (and if) you wish to add more

>> No.25854174

10 million is the newest 1 million

>> No.25854204
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25854204

>>25853860
Just stake some $TON so you will have some passive income, then its safe

>> No.25854401

>>25853860
1 million what faggot? meme$? because you know that shit lost a quarter of it's value last year, or are you as a retarded of a faggot as you look?

>> No.25854443

1 million will be equivalent to low 6 figures in 5 years.

>> No.25854537

>>25854134
How shitty of an investor are you that you can't find an investment that gives annual returns higher than 2%? Kys

>> No.25854587

>>25854443
>>25854174
$1M will be like $650-$700k in a few years. More realistic. It won't feel like dick unless you are debt free (no mortgage, car payment, credit cards on dumb purchases)

>> No.25854642

>>25854587
keep 10% in btc adjust quarterly and you are set for life

>> No.25854646

>>25853860
Depends how you spend it

>> No.25854747

It’s enough to move to the Philippines and live like a fucking king, spreading your seed everywhere

>> No.25854813

>>25854646
This is how i would do it:
$250k for a condo
$250k in LINK or similar blue chip
$250k in high risk like YFI, FARM, APY, IDLE, CRV, SWRV, etc. Something that pays high high high apy but not too risky
$5k on car
$200k at usdc farming on farm or idle
And $45k for a 1 year buffer to live on explicitly for the next year at which time youll reassess if you need a job

>> No.25854857

>>25854587
This.

>> No.25854949

>>25854747
All your family members will be nurses.

>> No.25855296

i wanna fucking cry bros i don't want to wage slave in eight hours REEEEEEEEEEE

>> No.25855400

>>25853860

1 million USD in the US is the new 200k. It sounds like a lot especially if you were a kid in the 90s and 00s, but now it's only enough as an amount to be spent. Can't live off it invested, it's only good for buying your house and then having some pocket change. Besides, if you think it's a good idea to turn your assets into cash in the coming year or two, you're gonna get rekt. If you're young, you don't want your wealth in cash because its value will get eaten alive by inflation.

>> No.25855512

>>25853860
Put aside some for passive income and retire in asia. Ez.

>> No.25855543
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25855543

>>25855296
me either anon. Me either.

>> No.25855732

2-3milly is safer

>> No.25855748

>>25853860
buy duplex
live one side and rent other side
made it

>> No.25856240

>>25853860
Is 3k link and 0.12LP enough to make it to US$1,000,000 by 2022?

>> No.25856407

>>25853860
Depends on your age.

>> No.25856500

>>25854587
Why not just keep it in crypto and draw down when needed?

>> No.25856524

>>25853860
invest in pokemon cards

>> No.25856590

>>25856240
yes, easily

>> No.25856627

You can make 8% off of usdc and some places even more than that. That’s 80k a year.

>> No.25856766

>>25856590
You maniac