/biz/ - Business & Finance

>>49330071

Rob a rich man.

>>49330071
Just do the right things at the right time.

>>49330116
this
>>49330189
sadly this too. Just gotta wait for next time and not make the same mistakes

>>49330071
why 8 million? why are so many /biz/raelis so obsessed with the idea of driving a $200,000 car and living in a $3,000,000 house? Only jackasses live like that

your goal should be more like 1.5 to 2 million. $500,000 house. $60,000 car. Change your perspective and you'll be a lot less hopeless about how far away your goals are.

>>49330337
the truth is if you cant live off of 20k a year and be happy you wont be happy living off of 100k a year either

>>49330116
Terrible idea.

>>49330372
>>49330337
>>49330198
All good answers

buy quant and wait 12 months

>>49330337
I want my fucking empire back and 50 million USD can buy me a base of operation where I can recruit.
You're dumb as fuck if you think I wouldn't also drive a Lambo and pick up whores.

>>49330372
>the truth is if you cant live off of 20k a year
You can't live off 20k a year.
>t.make under 40k a year.

>>49330337
I want to be a vegetable and live off passive interest from 2-3 percent bonds

>>49330071
Give it to me fren, I am trader, god tier, I take 30% profits only

>>49330372
I agree with your sentiment, however $20k is a little extreme, even if your house is paid off you need to spend ~$10k per year on insurance and property taxes, so you'd be left with $650 per month to spend on literally everything else

$40k per year is a more realistic number for what you need to be happily retired if you already own a paid-off house

>>49330337
500k house isn't shit, is that a 2br?

>>49330550
$500k will buy you a 2,250 sqft 3BR house in a good location in any second-tier city (Salt Lake City, Atlanta, Dallas, Raleigh, Philadelphia, etc.). If you think you need more space than that to be happy you're probably delusional.

>>49330452
>>49330528
Depends where you live, in California or some city area 20k is homeless tier, but where I live I can get a $600 m/o studio apartment and I can commute using an electric bike. I can get internet for $30 m/o, food is about 2k a year, I cant think of any other major expenses right now but its do-able. I agree 40k is ideal though for retirement

>>49330337
I wanna be able to stop working so I can travel whenever and I wanna be able to buy a new Porsche every other year if I feel like it. $2 million net worth is not gonna cut it.
>>49330635
Funny. That's about what I paid for my place in Atlanta a year ago. Now this house is worth almost $700k. $500k won't get you anything good nowadays unless you wanna live in the boondocks.

>>49330692
you have to factor in unexpected expenses:
>your air conditioning craps out and needs to be replaced: $6,000
>your toilet starts leaking while you're away on vacation and you have to fix a bunch of water damage in your house: $10,000
>a driver with no insurance crashes into your car and totals it, forcing you to buy a new (used) car: $30,000
>medical bills...
like yeah it's possible to survive on $600 per month, until something happens and it isn't. You need to have a buffer to absorb unexpected expenses.

DCA 1k into XMR once a week

bump

>>49330071
Having 200k in a bear market make you a potential millionaire. You only have to scout the market, and buy the dip. That is the way. I have been stocking XPRESS awaiting the 35% burn of the token.

>>49330071
Having 200k in a bear market make you a potential millionaire. You only have to scout the market, and buy the dip. That is the way. I have been stocking XPRESS awaiting the 35% burn of the token.

niggas really come here and ask for 4000% returns

>>49332586
ye they should just buy RIppleToken )ticker XRP( for easy 2k eoy

>>49330432
based private military idea-haver, my dream is to get so rich I can hire PMCs in a Qanon esque fashion to kill/expose the elite

I have zero respect for most crypto billionaires because none of them have done this yet, they have more than enough money together to truly save the world and yet they keep tweeting about bitcoin

>>49330466
Based ngl

>>49333445
thanks

>>49330071
Do 40x more what you did to get 200k

that's only possible through alpha leaks similar to the ones on the hbar foundation, where you'll invest early in the next 100x project

>>49330071
if you have 200k you're closer than most of us

>>49330337
How do I turn 200k into 3 million? I can't wage anymore my soul is being crushed