[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 294 KB, 2109x1581, w8rx4o8fv5x41.jpg [View same] [iqdb] [saucenao] [google]
21408023 No.21408023 [Reply] [Original]

how much do you need to stop waging?

>> No.21408138

I can make enough passive income of 100k to live

>> No.21408149

>>21408023
1.5 million would do it for me

>> No.21408189

>>21408023
>posts home of wager
fuck you

>> No.21408198

Enough that passive income would cover my mortgage and bills

>> No.21408209

>>21408023
figure out a way to have money keep coming in. Then a fixed amount does matter anymore.

>> No.21408262

>>21408138
How?
I already have a house i just need ~$1000 passive income to enjoy life.

>> No.21408273

>>21408198
If you have a mortgage you literally did not make it yet.

>> No.21408280

>>21408138
This.
I'd buy a cheap single family home in the midwest to rent, and put the rest into dividend stock and crypto. I can live better than any king in the history man kind on $10 a day in S.E.A.

>> No.21408312

>>21408280
midwest sounds comfy desu. no darkies, quiet. nice

>> No.21408397

>>21408273
Says the zoomer. Shouldn't you be playing Fortnite? There are cars now zoom zoom

>> No.21408482

>>21408023
300k

>> No.21408522

>>21408482
where do u live that only requires 300k to stop waging?

>> No.21408549

Enough to clear my mortgage and leave me with an additional 250k to fuck around with. I already rent a room out of my house and will just continue to use that for liquidity.

>> No.21408590

>>21408397
Bitch I have probably more than you and your parents combined in net worth, suck my dick.

>> No.21408593

£35k to start a business without having to worry about waging. Will give me 2 years + of runway expenses. Hoping I get accepted for voluntary redundancy + my crypto portfolio will be worth £1m + in the golden bull run

>> No.21408604

>>21408262
is it nice enough to use as an airbnb?

>> No.21408608

10milly, 1/3 there.

>> No.21408627

>>21408023
you need 10k VIDT tokens.

>> No.21408673

>>21408023
this would be pretty comfy without the fucking funko pops

>> No.21408677

>>21408627
based and accuratepilled, especially since it's on kucoin which helps to not get boned by the ridiculous gas fees of late

>> No.21408682

>>21408522
300K is plenty to quit a 9-5 and use that money to make more money.

>> No.21408811

>>21408138
please tell us how

>> No.21408817

Honestly just pay off my mortgage would be semi retirement. Just put up some things on e-Bay for the easy $1,000 a month you'd need to survive.

>> No.21408883

>>21408023
That room is pretty cool, but it looks affordable. I could probably set mine up like that now but don't see the need...

>> No.21408898

>>21408590
#1 Victory Royale. You're always a winner buddy.

>> No.21408946

>>21408023
3 million ideally but 500k after tax is enough

>> No.21408977

I have 200k, I can literally stop waging and earn money from interest in my shithole country but I don't wanna sell yet, the bull run is still to come.

>> No.21409005

>>21408023
I don't want to "stop waging", anon. I want to LIVE.

>> No.21409049

>>21408023
I don't hate working, I love programming, but I hate being forced to work on shit that's boring and I'm not interested in. It's my own fault for not aiming higher, I just took the first job that came to me and I haven't really tried to find another one.

So what I mean to say is I don't want to be a NEET and I don't need a lot of money. I'm only in crypto now because it's interesting

>> No.21409135

I need 440k to not just exist but live.
The 440k would need to make 7+% per year to cover for inflation, my expenses and have extra to reinvest.
I started 5 months ago and I'm already at 11%.
I can feel myself making it

>> No.21409195

>>21408977
Checked
Which country?

>> No.21409276

>>21408608
I used to say 1 mil but once I got there I said 2.5 but now I’m almost there and now I’m thinking I need 10 mil, does it ever end?!

>> No.21409312

>>21408977
Enjoy taxes faggot

>> No.21409329
File: 126 KB, 1262x1280, 1418326544014.jpg [View same] [iqdb] [saucenao] [google]
21409329

>>21409195
Turkey

>> No.21409348

>>21409329
shoo shoo roach

>> No.21409363

>>21409276
Do a budget.
Look at your yearly expenses.
Multiply your yearly expenses by 33 and you got your goal.
Reinvest your goal so that you make 7% per year and you'll never have top do shit ever again.

>> No.21409433

>>21409049
Hey anon I know this is a retarded place to ask, but was it easy finding a job? When did get the job and what country/state? I am a cs student going on to my third year, I am really scared i won’t find a job. I honestly haven’t been taking my grades seriously enough.

>> No.21409461

>tfw 770k net worth

I'd say 1.5 million so i'm halfway there

>> No.21409502

Maybe after the crisis, if homes prices drop but 3-4 rentals- maybe get 3k-5k passive. Personally I’d keep waging and reinvesting that into more properties until 10k passive on rental homes.

>> No.21409594

$650k after tax.

>> No.21409625

>>21408023
soulless

>> No.21409644
File: 75 KB, 627x760, 1423347791536.jpg [View same] [iqdb] [saucenao] [google]
21409644

>>21409348
no

>> No.21409653

>>21408023
20k would be the minimum for me
50k would allow a vacation
100k+ and my kids would be ok

>> No.21409704

>>21409363
I’m already waaay past my budget with that math, my problem is the fantasy life I want to live keeps increasing, right now I’m thinking 200k per year would be fine, so that’s 6.6, round up to 7, but I get the feeling once I hit that I’ll want more.
It’s funny because I never thought of myself as a greedy person but now I’ve got a couple mil in the bank all I want is more, maybe I’m just a greedy pig after all and suppressed that part of me before when I was poor as cope.

>> No.21409730

>>21408023
why would someone need two TVs that close to each other?

>> No.21409770

Apparently I'm completely alone here but I really like my job. If I won 10 million tomorrow I wouldn't quit, I might drop the pace a bit but i'd definitely keep going.

>> No.21409772

>>21408023
1.6 million USD in a low load mutual fund index sounds quite comfy. Taking out 4% each year would come to ~50,000 cash to spend after even considering generously 20% capitol gains taxes. It is said that over the long run the average a diverse index grows is 7% annually, so taking out 4% leaves a 3% growth to match the typical USD inflation. Maybe go to 2 million in assets so you can woo some Stacey by making the (barely) true claim you are a multimillionaire.

>> No.21409792
File: 704 KB, 1111x697, 1553072516323.png [View same] [iqdb] [saucenao] [google]
21409792

>>21408023
>To stop waging: 3 million
>To have the life that i want: anything over 10 million.

>> No.21409800

>>21409770
I wouldn't pull out of the job market all together, but I'd definitely quit my current job. I'd want to work somewhere part time that's a total meme.

>> No.21409936

>>21409704
Goddam 200k?! bruh
I don't even know if I could spend that much, invest, yes, for sure, but spend?
Don't chase it too hard fren, the bubble could pop
>I never thought of myself as a greedy person
We all have personality shadows. Who was it that wrote about that, Carl Jung?

>> No.21409960

>>21409770
I like my job but it’s in Cali which I hate so sadly I’ll need to ditch this great job to live somewhere where I’m not surrounded by non-whites.

>> No.21410084

>>21409936
Ya I want a house in the Swiss alps and be able to travel around in nice hotels and have a fancy sports car.
Before I just wanted to hang out and play vidya but that seems super lame to me now, making it is fucking me up lol. Oh well, boohoo right ;)

>> No.21410118

>>21408023
Last year while fantasizing about major crypto gains, I literally once spent two days thinking of every single possible bill, tax and expense I would ever have to pay for the rest of my life (shit like electricity bill, health/life insurance, 2 vehicles+their insurance, internet cost, groceries, clothes, etc.)
I also included a hypothetical wife and 3 kids for extra expenses (shit like school expenses, vacations, gifts, etc.)
At the end of it all, by my calculations I would need at least $10 million to stop waging permanently, although I'd feel more comfortable doing it with $15 million just to be on the safe side

>> No.21410120

>>21408138

are you eastern europoor? i am and i would need 300k invested to stop waging

>> No.21410140

>>21410084
It's a good problem to have, man. I'm happy for you. Hope you still shitpost with us when you're in your hot tub in the mountains.

>> No.21410163

>>21409730
Those are the people over on our sister ship, Reddit. I think it’s because the wife watches CNBC while the husband watches Days of Our Lives.

>> No.21410168

>>21410140
Kek, I’m sure I will.

>> No.21410214

>>21410084
If you're happy then I'm happy for you man

>> No.21410316

>>21409960
>letting petty prejudices come before capital accumulation

>> No.21410408

>>21408023
the funko pops ruin it

>> No.21410619

>>21410316
>Yes goy, all that matters is money goy

>> No.21410737
File: 166 KB, 309x368, soycuck.png [View same] [iqdb] [saucenao] [google]
21410737

Working makes me feel alive! Have you consumed the new Star Wars yet?

>> No.21410897
File: 536 KB, 592x804, Capture.png [View same] [iqdb] [saucenao] [google]
21410897

>>21410316
And just to expound, it's not petty. I've lived in Cali my whole life and the place has completely changed since whites have almost been replaced.
No one puts their shopping carts back
People are way less polite
They have literal drag shows in High Schools
The taxes keep getting higher and higher and they want to make them even higher this year
Homelessness is becoming absolutely absurd
I could go on, and I'm sure you'll just say it's a coincidence that all this started happening once whites became a minority here but I'm not that blinkered.
Cali is not the state I grew up in
pic related

>> No.21410910

>>21410737
kek

>> No.21411226
File: 138 KB, 1267x785, 1595593825773.jpg [View same] [iqdb] [saucenao] [google]
21411226

Living off almost $6k monthly income in texas is comfy. No complaints.

>> No.21411235
File: 172 KB, 644x914, 1597117078230.jpg [View same] [iqdb] [saucenao] [google]
21411235

>>21410897
>just like us

>> No.21411247
File: 243 KB, 750x513, 1596854182075.jpg [View same] [iqdb] [saucenao] [google]
21411247

>>21408023
Well lets see
asian sluts are like 20$ per night
+50$ for others expenses like hotel and food (wich is king life in philippines or cambodgia)
im 30, 60 life expectancy
365*30*70 = 766500$
thats assuming 0% return on my cash pile

>> No.21411396

https://www.bangkokpost.com/business/1968367/thailand-elite-card-aims-to-lure-expats-seeking-virus-haven
https://www.bloomberg.com/amp/news/articles/2020-08-14/elite-thai-visa-program-aims-to-lure-expats-seeking-virus-haven
>The Thailand Elite Card is a residential-visa program for affluent expats, investors and long-stay groups. Membership, which ranges from 500,000 baht to 2 million baht ($16,000 to $64,000), provides for a renewable five-year visa. It also comes with perks, which at the top end include limousine transport, jet and yacht charters, medical checkups and golf at championship courses in Bangkok, Phuket and Pattaya.

>> No.21411423

>>21410118
>I literally once spent two days thinking of every single possible bill, tax and expense I would ever have to pay for the rest of my life
Doing that doesn't really make sense unless you're also including the growth of investments you have now.
For instance, if I have a $2 million portfolio, and it on average is returning 7% as index funds that track the market tend to do, I can safely withdraw 4% each year (80k) and reinvest the 3% to take care of inflation and it will never lose its principal.
If I lived to a thousand years old, as long as I don't spend more than 80k/year, then I will still have the buying power of $2 million dollars in today's dollars.
So it doesn't matter that I'd spend $80 million in my lifetime, the $2 million invested is enough.

>> No.21411433

Anyone who owns a funkopop = gas chamber

Prove me wrong

>> No.21411479

>>21408023
Literally not much, I just started doing this when link boomed last week, I've already made in one week then I would on a pay check my last job before Corona

>> No.21411504

>>21410897
This. My dad is bailing on California entirely and he's part of the original tech boom. Get the fuck out while you still can, because it's going to get bad here pretty quick.

>> No.21411508

>>21408023
Like 1 mil more, that's it.
I really need SAFEX to work out.

>> No.21411606

>>21408280
You do know there are still kings today, right? Even in SEA.
retarded nigger faggot

>> No.21411609

>>21411504
Dont go and fuck up another state faggot

>> No.21411675

>>21410897
>I've lived in Cali my whole life and the place has completely changed since whites have almost been replaced.
Just say your racist and go away.

>> No.21411681

>>21411609
I'm going to another state and voting as far right as I legally can.

>> No.21411783

>>21411675
>It's racist for whites to not celebrate becoming a hated minority in their own lands

>> No.21411802

>>21408023
500k.

>> No.21411844
File: 84 KB, 935x1024, 1597383894549.jpg [View same] [iqdb] [saucenao] [google]
21411844

>>21411675
fuck you and fuck niggers go back

>> No.21411912

Me, I’m 46 so old as fuck. So all I gotta do is finance like 10 more years, 15 max. Fucking Link goes to $100 I’m made bro I can dump and get the hell off this site go do some debauchery to some natives on a beach in Martinique.

>> No.21411931

>>21411681
go to bumfuck idaho or something since you can't cope with reality

>> No.21411941

>>21408312
As long as you stay out of the major cities of course

>> No.21411982
File: 176 KB, 2100x1500, 1597409493522.jpg [View same] [iqdb] [saucenao] [google]
21411982

>>21411226
How fren

>> No.21411999

>>21408262
Anon, I have 1800 passive income from getting blown up in Iraq. It’s never enough, especially with kids

>> No.21412011
File: 57 KB, 322x381, 85A1AE3E-3019-4D3B-B423-1717CCED1438.jpg [View same] [iqdb] [saucenao] [google]
21412011

>>21411783
>their own lands

>> No.21412018

>>21411675
>whites become minority
>things get worse
>how dare you notice this???

Voting Trump and there's nothing you can do about it

>> No.21412025

>>21408023
$500k should do the trick in theory

>> No.21412029

>>21411606
I James Bond hamburger your sister last night. You fucking cardio American

>> No.21412054

>>21412011

You had your chance to keep it Squanto. Be happy we even gave you some land to get drunk and beat your wives on.

>> No.21412103

>>21408262
Anon I get 1200 in passive income from my father passing away as a fire fighter. It's never enough.

>> No.21412154
File: 1.20 MB, 1244x2156, race tax payments.png [View same] [iqdb] [saucenao] [google]
21412154

>>21411931

>> No.21412252

>>21412011
Yes, injuns are the perfect cautionary tale. For those of us who don't hate ourselves and worship minorities what happened to them is the reason why we shouldn't allow immigrants to flood the country, not a reason why we must allow infinite immigration.

>> No.21412269

>>21409433
After I graduated I spent two months applying, I got one interview and didn't get that job. I realized my resume was trash, I had no real skills, no internships, just my CS degree. So I spend 4 months just learning webdev and I made a couple small projects to put on my resume than I started applying again and got a job after two weeks

I also didn't take my grades seriously until the second half of uni, I graduated with a 2,9 GPA. I did well in my last two years but shitty in my first two (actually three because I had to repeat so many courses). My advice is to bring your GPA as much as you can and try to get an internship for 2021, it will make finding a job when you graduate much easier. But overall don't stress about never finding a job, you will find one eventually internship or not. I stressed about it too all through university. I tried to do internships but didn't try hard enough, I told myself I was worthless because my grades were poor, that I would never be able to get an internship anyway. If I just tried a little harder I'm sure I could have gotten something and saved myself 5 years of stress of wondering what I'd do after uni.

so tl;dr, try to get an internship, and make projects to put on your resume, preferably both, but one or the other will suffice. And then just grind job applications

>> No.21412301

>>21408023
in my country, $400k is enough to live very well off with passive income

>> No.21412303

>>21412025
$2k a month? 6% divvies? Thats poverty tier no?

>> No.21412352

probably 2mil€

enough for a doctor's salary in ETF passive income which in return is enough to buy a house

>> No.21412405

>>21412269
Oh and this was in Canada. It's probably way easier in the USA

>> No.21412550

>>21412269
Also another tip, do all your work on campus/in the library. That's how I finally fixed my grades. At home I would half ass my assignments and never study and my grades suffered for it. I finally learned I had to sit my ass down in the library and not leave until everything was completed, even if it took until midnight

>> No.21412681

>>21410316
This is a very jewish mindset. What is the point of living on a pile of cash if the view outside your window is a slum.

>> No.21412996

>>21408023
I stopped waging.
Imma work for myself
Imma going to jail in 6 months.

>> No.21413677

1 link by EOY will be enough ;)

>> No.21413703

>>21412996
>Imma going to jail in 6 months.
For what anon? and how long?

>> No.21413806

>>21409960
>I’m not surrounded by non-whites.
Its the entire country dude. Every town and city has them. Even in North Dakota, there are somalis packed all over the towns. Nothing is white in this country.

>> No.21413944

>>21412011
Never understood when people try and rebuke whites when they say this is their land with native americans. 'Land' is referring to the US as a political entity, not the literal geographic region, there was no United States or America(named after an italian explorer) before whites came and settled, just a hodge podge tribal territorites. So whites aren't wrong when they say this is their country - it's not indigenous.

>> No.21414058

>>21413806
rural areas can still be pretty white, those areas tend to lack job opportunities though.

>> No.21414411

Realistically 300k on 4,5% dividend income would be enough, if you move to a cheaper country. Either eastern europe or southeast asia might be good.

It won't be a lot, but >1k a month is a good living in some countries and you wont have to wage.

>> No.21414471

>>21411999
Checked. Hope you are ok.

>> No.21414589

1.2 million, indian megalopolis

>> No.21414615

>>21414411
how do you just move to southeast asia? I don't think it's possible to buy property over there unless you marry a local... and then (lets be honest) half of your reason for going there is gone

>> No.21414760

>>21414615
Pseudo marriage. Exchange citizenship.

>> No.21414892

>>21411999
checked

you got what you signed up for
i share no compassion for murica soldat

>> No.21414932

>>21413944
>'Land' is referring to the US as a political entity
keep moving the goalposts glowie, america will never be your inbred white ethnic state

>> No.21414944

>>21411999
Checked based military, you're gonna make it.

>> No.21415014

>>21412011
cant defend it then its not yours

>> No.21415026

>>21414932
shut the fuck up retard.

>> No.21415055

>>21411912
>Link goes to $100 I’m made bro I can dump and get the hell off this site go do some debauchery to some natives on a beach in Martinique
I like your style boomer bro. When link hits $100, I’ll see you there

>> No.21415097

>>21408023
I just need AAVE
I'm already there
Just going for the final stretch so I can cover my parents too

>> No.21415100

I'm a hikkineet loser and I can't figure out where to go, I just want to get out of America this place is doomed

>> No.21415163

>>21408262
Anon, I have 2000 passive income from penis explosion during sex. Its never enough

>> No.21415186

>>21408262
Anon, I get $2200 from being crippled by carrying around my massive cock all day for years. It's never enough.

>> No.21415384

>>21409792
Same for me, if I hit 10 million that's when I buy a Ferrari

>> No.21415434

>>21408023
to stop waging i'd need like 250k, with a million i woulf only ever do shit that makes me feel good

>> No.21415466

>>21410163
"Like updoots through the hourglass... these are the Days of Our Reddit."

>> No.21415610

5 mil

>> No.21415767

>>21408273
I have a mortgage and enough to pay it off. But why should I when i can put my money to work for me and make more?

>> No.21415849

>>21408023
839,993,029,939,028,939,989,998,812 $

>> No.21416823

>>21408149
1.5 milly only gets me NZ citizenship and the ability to never have my money extorted by the US IRS fucking niggers
im only at $239k literally right now so i have a long way to fucking go

>> No.21417700

Way more than I have now

>> No.21417913

>>21408977
ayni durumdayim anon, 10x more and i will be golden.

>> No.21417923

>>21408209
only way is dividends or solid real estate

>> No.21417961

>>21408023
500k-1mil. if for whatever reason i somehow got even 500k, i would move to the philippines and never work again. id live like a local until i died

>> No.21418065

>>21408262
anon, I get 10k to jerk off in the office bathroom all day, and I still visit this pakistani board

>> No.21418140

>>21408023
Depends on where you live and how frugal you are willing to be. For me, I'd only need about 12k per year.

>> No.21418711
File: 26 KB, 713x611, 1583949778008.png [View same] [iqdb] [saucenao] [google]
21418711

This is an awesome thread

>> No.21418791

>>21408023
These kind of photos make my cock so hard

>> No.21418872

>>21411912
40 years old and thinking much the same. Im outta here soon as

>> No.21418968

>>21415014
Yeah, which is why America no longer belongs to white people :)

>> No.21419018

>>21408280
That's it brother. It's all about perception

>> No.21419159

1m is fine. Live off dividends for a while then as get older spend more and more to do whatever you want then just kys when you run out.

>> No.21419303

>>21408262
>buy cheap ass flats or houses
>renovate
>rent for 700 each
>pay tax and save some money for repairs

With your ample free time you can do gig work or flip stuff in ebay or something like that

>> No.21419539
File: 43 KB, 624x624, 1596197644260.jpg [View same] [iqdb] [saucenao] [google]
21419539

>>21408023
All this and cheapest xbox one

>> No.21419735

>>21412154
Did you make it with link? Where does the newfound wealth come from if I may ask?

>> No.21419937

>>21408023
cost of lifestyle divided by .03

this isn't fuckin hard people

>> No.21419974
File: 188 KB, 431x405, D5DEE2FE-D2AA-4278-B42C-3EB07F5CDFEB.png [View same] [iqdb] [saucenao] [google]
21419974

>>21408023
100k pnk

>> No.21420005

1 million. Buy 4 rental properties and live off of the rent. Keep 6 months of rent per property for repairs if necessary. $1300 a month for rent.

>> No.21420014
File: 179 KB, 1910x1000, 0E887E59-0B7D-4F52-BD10-426D14A9E341.jpg [View same] [iqdb] [saucenao] [google]
21420014

10 septillion, and not a penny less.

>> No.21420045

>>21408023
CONSUME PRODUCT BUY MORE SHIT YOU DONT NEED

>> No.21420168

>>21420005
too much hassle, better to get index funds

>> No.21420175

>>21410737
I have my own business.
So yes, working makes me feel alive.
No, I do not consoom star wars.

>> No.21420265

>>21408262
Anon I have $3,000/month passive income from 9/11 survivors fund. It’s never enough.

>> No.21420350

>>21420168
Any index funds that give you 9-11 percent of your investment per year? Just curious.

>> No.21420561

>>21411675
Fuck off, nigger.

t. California resident

>> No.21420644

>>21412011
Sorry to rip you out of the literal Stone Age kicking and screaming, Soaring Eagle.

>> No.21420861

>>21408262
Anon I get 4000 a month because I'm a disabled black gay trans Muslim, it's never enough.

>> No.21420896

stop waging? 1m. stop waging and comfortable forever without side hustles? 15m

>> No.21420958

>>21408273
People are getting 3% mortgages now. Inflation is more than that even before they print trillions of fiat. You would have to be a literal moron to pay off your house when the government is inflating your debt away.

>> No.21421326

>>21408262
Anon, I get a passive 3000 a month from Soros to run around looting shit and killing people. It's never enough.

>> No.21421363

>>21408312
Where is the cheapest place to live in America that still has good internet and isn't full of undesirables and drugs?

>> No.21421438

>>21412103
>>21415186
>>21418065
>>21420265
>>21420861
>>21421326
Go back

>> No.21421538
File: 853 KB, 654x619, 1595987434254.png [View same] [iqdb] [saucenao] [google]
21421538

>>21409644
How ya doing, Ridvann?

>> No.21421746

>>21408023
30 yr treasuries yield 1.45%
I make about $60k p.a. waging
$60k is bout 1.45% of $4.1M

So there you have it, I need about $4M to maintain my current lifestyle and have a pretty stressfree passive income.

I'm willing to reduce my income by 50%, if it means that I don't have to wage-cuck it. So, $2M

Further discount to assume that I'm actively managing my retirement assets, let's say, to make double return, so 2.9%. Now we're at $1M

Million bucks. Probably checks out.

>> No.21421881

>>21421438
Buuuurp. Morty. Black Lives Matter okay... buuuurp they just matter. I am an epic gamer!!

>> No.21422223

>>21408262
Anon I get $5000 for being blown up by a black trans muslin in the army after I survived 9/11, it's never enough

>> No.21422309

>>21408280
>SEA

You'll need 20$ atleast

>> No.21422326

>>21421746
>rrent lifestyle and
1.45% if kind of trash though. Im sure you could find something that dishes out 3% which would nearly half the 4.1m you need.

>> No.21422368

>>21408262
anon I get $5000 per month because I gat raped from a nigger. It's never enough

>> No.21422385

>>21411396
Fuck off we're full

>> No.21422572

>>21408023
11 million dollars.
1 million for the house of your dreams.
10 million to get a return of 1%, which is 100k a year, enough to maintain a big family and give them luxuries in a third world country.
That is my goal.

>> No.21422609

>>21421326
Based

>> No.21422631

>>21408023
why would you ever play halo on a screen that big?

>> No.21422710

About a million then you can buy a storage unit facility and just cash flow off it. Easy business

>> No.21422716

>>21408023
biggest bug shrine i have ever seen. just imagine
>sitting there with your fat GF after getting screamed at all day at gamespot because you didnt meet your funko pop kpi's.
>you sit down on your huge couch that you waged months for and fire up the rgb gamer setup and take a sip of your onions
>cat hair everywhere because your fat gf longs for children but your t levels are too low to conceive a child after years of funk pop collecting
>life is good but your inner self is silently screaming at you to snap out of this bug shit

>> No.21423177
File: 110 KB, 500x401, me-after-texting-dumb-shit-to-a-girl-i-really-34744828.png [View same] [iqdb] [saucenao] [google]
21423177

>>21408023
How do I get a house like that?
It looks like a bachelor's paradise.

>> No.21423250

>>21420350
one that tracks the S&P 500 dumb fuck. 9.8% averaged annualized return over its entire history.

>> No.21423579

>>21417923
2 solid methods right there. I make money from divs but no experience in real estate. This may change in the future.

>> No.21423598
File: 27 KB, 678x452, images (56).jpg [View same] [iqdb] [saucenao] [google]
21423598

>>21409800
>I'm looking for the least amount of responsibility

This.

Show up, have fun, be playful, live without stress. Sometimes I wonder what life without mental fatigue would be like

>> No.21423604

>>21411999
>fighting for Israel
>using 4chan
gtfo jews' pawn
I
S
R
A
E
L

H
A
S

N
O

R
I
G
H
T

T
O

E
X
I
S
T

>> No.21423760
File: 45 KB, 600x579, 1592834420577.jpg [View same] [iqdb] [saucenao] [google]
21423760

>>21414892

>> No.21423869

>>21423604
Try harder

>> No.21423911
File: 9 KB, 523x225, file.png [View same] [iqdb] [saucenao] [google]
21423911

>>21408138
Bingo. Retarded gamblers will pay you thousands of dollars a week. It's like running your own casino.

>> No.21424099

>>21411675
*You're...
A nigger

>> No.21424123

>>21408023
i need about a 14x from here to stop waging

>> No.21424130

>>21423911
what am i looking at

>> No.21424208

>>21424130
Looks like options trading

>> No.21424247
File: 47 KB, 1212x615, file.png [View same] [iqdb] [saucenao] [google]
21424247

>>21424130
selling cash covered puts to gamblers for income. You can fleece them every week

>> No.21424255

>>21408262
I was accidentally circumcised at birth and i get 1488 ILS (Israeli New Shekel) every month. It's never enough.

>> No.21424276

>>21408023
1x backbone
1x enlightenment

>> No.21424305

>>21424247
ok so i own 100 shares of spy that means i can write one contract to sell to a trader?

>> No.21424344

>>21408262
Anon, I have 7000 passive income from a dickhead's exploding his pennis within my ass during sex. It's never enough

>> No.21424365

>>21408262
Anon, i get 6900 a month for having a pussy. It's never enough.

>> No.21424444

>>21424305
with 100 shares, you can cover exactly one call, which is another way to generate income from gamblers.

>> No.21424459

>>21411931
you are the blackest retard gorrilla nigger i have ever seen

>> No.21424485

>>21411675
You're my racist, nigger.

>> No.21424496

>>21411675
>Just say your racist and go away.
I'm racist too, my nigger accessory friend.
>your

>> No.21424525

>>21424444
checked. so how do people lose money by writing options? they leverage shares to write them? i dont see how people lose on writing thm

>> No.21424566

>>21424525
if the options expire in the money then you have to cover the position, since shares in principle have no price cap then that means your losses as a writer are unlimited, go look up James Cordier of optionsellers.com

>> No.21424590

>>21424566
ok thx. also checked again. kek is with you

>> No.21424604

>>21424566
How would you cover your losses then, if you can't set a stop loss?

>> No.21424610

>>21424444
checked

>> No.21424657
File: 840 KB, 2032x3528, race_crime.jpg [View same] [iqdb] [saucenao] [google]
21424657

>>21411675
This poster can't even read and understand this chart.
P.S. There are twice as many white people living under the poverty line in the U.S. as blacks.

>> No.21424661

>>21411681
Yeah after years of voting for literal commies

>> No.21424707

>>21424604
i haven't traded options but my understanding is that you can set a stoploss or close a trade early (before expiration) as a writer by buying a corresponding position, however if the question is about covering your losses at expiration then your losses are unlimited in principle

>> No.21424760

>>21424604
>cover your losses
at expiration that means you have to buy high and sell low for a call and sell low and buy high for a put, this assumes you're writing uncovered calls, but if you write covered options (meaning you already own the underlying), then you don't have to make this consideration

>> No.21424761

>>21408682
Yea or just fuck off for years, get an education or vocational certificate thing or whatever, go live in a cheap country until you're dead or broke. I could probably make that last for a real long time

>> No.21424814

>>21424760
I'm far too stupid for this stuff, appreciate the info though

>> No.21424835

>>21408023
50k a month of passive income and I'll dare to say that I've made it

>> No.21424837

>>21411999
>military
>kids before making it
a bunch of people here will say you're based and that's how you know you fucked up as badly as you possibly can

>> No.21424866

>>21424814
just read the investopedia articles, they give great breakdowns and examples, many articles have video explanations too, great website all around desu senpai

>> No.21424873

>>21411247
fucking BASED

>> No.21425190

>>21424604
You "cover" yourself in two different way:
If you're selling calls, have 100 shares available to sell for each call sold. So, if the call buyer exercies the call, you sell the shares to them at the strike price
If you're selling puts, you reserve enough $$ to buy 100 shares at the strike price

>> No.21425258

>>21425190
And for covered calls, it's not even really "losses", more like "unrealized gains you didn't get to capture". The options you want to sell will have a high chance of expiring worthless. Done correctly, you will sell many covered calls before your calls ever get exercised and pocket enough premium to cover any difference plus profit.

>> No.21425299
File: 764 KB, 1410x1145, 1527094442941.png [View same] [iqdb] [saucenao] [google]
21425299

I minimally want $2k per month, but ideally $3k. At that rate there are no fed taxes in the US, and there are states with no investment taxes. I expect that inflation will cost ~2% per year (hyperinflation scaremongering is 50 years old). So if you put your money into index funds and you get 6% growth, 2% is lost to inflation, so your purchasing power grows by 4%. Using only that growth to live on (this is basically FIRE analysis), I would need between $600k and $900k.

Assuming 2% inflation
>4% growth gives $1k per month every $600k principal
>5% growth gives $1k per month every $400k principal
>6% growth gives $1k per month every $300k principal

>> No.21425349

>>21425299
Nice, I was going to write this out too, but decided not to.

>> No.21425387

>>21425349
Nice, I was going to write this, but decided not to

>> No.21425394

>>21409276
I'm scared of this since I just got my first 2 mil unrealized but 10 mil has always been my goal. That's a good sized home, maybe a vacation spot, money to throw at investments and a safe stack providing reliable returns. The only thing you're missing out on is retarded sized homes and shit like yachts.

>> No.21425415

>>21408262
Anon, I have 0 income from being a 4channel janitor. It’s enough

>> No.21425421

Apparently everyone on /biz/ a millionaire

>> No.21425614

>>21425421
I mean with the recent LINK pump the OGs of biz (before early 2018) are all millionaires.

>> No.21425704

>>21408138
how much?

>> No.21425845

>>21425421
u have to think there are hundreds of people if not thousands who visit biz per day. a small handful of biz got into link with any real amount (more than 50k link)