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/biz/ - Business & Finance


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54774307 No.54774307 [Reply] [Original]

What level of wealth is considered "generational"?

>> No.54774325

>>54774307
>10btc

>> No.54774342

>>54774307
about $69m yuan (note I am using the world reserve currency)

>> No.54774343
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54774343

>>54774307
Bitcoin

>> No.54774433
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54774433

>>54774307
>wealth
the endgame is uncomfy mating with a musclefu that leads to reproducing. Numbers are a meme.

>> No.54774442
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54774442

Real estate, bonds, trusts, any businesses that you have a guaranteed return or a contract in like a dairy license, intellectual property or patents that pays dividends with no additional work required.

>> No.54775073
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54775073

The dividends from 1.5 million is enough to return a “living wage”. A “living wage” is barely scraping by. So double that to 3 million, then account for inflation and bring it to 6 million. Now that’s 6 million for just one person, you have to account for your wife and any children you have. Now that’s only one generation and your children, not accounting for your children’s spouses and your grandchildren.

Fuck you money is 50 million, generational wealth is 500 million.

>> No.54775106

>>54775073
>oy vey you need 1.5 million
>you'll never survive without 3 million
>without my 6 million ill be eating cat food for life
>why do you ignore my 50 million, this is like another shoah
>how dare you deny the suffering of my 500 million

>> No.54775197

>>54775073
this is roughly true. Have family members living solely off around 4m in dividend stocks. solid middle class income for doing absolutely nothing

>> No.54775205

>>54774307
Schizo

>> No.54775222
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54775222

>>54774433
Just get /fit/ if you want that.

As for me, you get /fit/ to have the strength to endure life, you get /biz/ to escape the rat race, and then you can enjoy life doing whatever you want. You are no longer beholden to others. You can ensure your family is safe and taken care of. You have progressed from the fool, the warrior/mage, and now you’re building an empire. This is the path to true masculinity. It’s not fucking self help books written by literal cucks and queers, the incoherent ramblings of an old man about Jungian metaphysics of penis washing, or a cult of groupthink identities raging against the status quo. It’s a desire for something greater than yourself and your willingness to sacrifice and bleed for it. It leads to a body either scared and broken, or you become unrecognizable as all the weaknesses has left you only leaving body that is hard as a diamond.

>> No.54775232

>>54775197
So it's not true at all. Unless you think middle class family is just a peg above "barely scraping by"
>we have 1.5 million but we're barely scraping by

>> No.54775294

>>54775222
Checkato & Basado

>> No.54776133

>>54775232
I have a mil and was barely scraping by. I'm back to wage slaving.

>> No.54776166

>>54775232
stop being a poorfag the point is to NOT spend the money and just live off the dividends. That's what makes it generational, it keeps going

>> No.54776227

>>54775106
Kek'd hard

>> No.54776406

>>54774307
I don't know, the only thing I inherited from my parents was a handmade necklace from 50 years ago, I hope I can leave money to my children with HAMI, or with anything else, I honestly just want to leave them something nice

>> No.54776788

>>54775222
Baste

>> No.54776810

>>54774442
evangelion 4 is shit, stop posting this, asap.

>> No.54776865

>>54774307
8 figures, even if you have 7 figures a lot of it will be eaten by care taking costs late in life and a few million divided between multiple children isn’t enough for them to escape wageslavery. 15 million is good, you’ll probably have enough to pay for caretaking just off of investment returns without eating into principal, and 15 million divided across 3 kids is 5 million per kid.

>> No.54777427
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54777427

>>54776810
no