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/biz/ - Business & Finance

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57609782 No.57609782[DELETED]  [Reply] [Original]

$100,000 is a fuckton of money

>> No.57609800
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57609800

>>57609782
$100k liquid would changing nothing (0) about my life.

>> No.57609801

what would the gas sound like coming out of that.

>> No.57609802

>>57609782
It is. Imagine starting the cycle with 100k + experience from other cycles. I started with $2k. I want to die. Its going to take another cycle for me to make it.

>> No.57609808

>>57609782
i have 150,000 $. am i gonna make it?

>> No.57609811

>>57609800
Checked and fpbp

>> No.57609817
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57609817

>>57609782
Not really.

t. low six figure hell

>> No.57609821

>>57609782
>>57609800
Please I already fapped today

>> No.57609823

Before they expanded the monetary supply by like 45% in 2020-2021, it was. Now even plumbers are pulling 6 figs

>> No.57609835

>>57609782
Depends on age and time horizon
20? Yes
40? No

>> No.57609855

>>57609800
>>57609817
>>57609823
>muh gross salary before taxes rape his ass
Lmao, post your real salary.

>> No.57609864

>>57609800
yeah if I got $100,000 I'd put it in my brokerage account and forget about it a few days later because it wouldn't change anything about my day-to-day life

>> No.57609877

>>57609782
100k would most definitely change my life in my midwestern shithole. that's decent house money. i could finally get out of the ghetto.

fucking yes that would be life changing money.

>> No.57609889

>>57609782
It is if you invest it properly. You could potentially 10-20x that

>> No.57609911

>>57609855
No, no I mean having $100k liquid not gross income.

>> No.57609928

>>57609782
>$100,000 is a fuckton of money
Not really.

I have 500k and I am still GFless. You need to get at least 2 mill to get a GF nowadays.

>> No.57610024

>>57609800
same, literally 100k in cash would let me retire a couple years sooner. not even enough to pay off the rental property i owe the least on lol

>> No.57610090
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57610090

>>57609782
Ana Lee.

>> No.57610099

>>57609782
It is if you are genuinely above 130 IQ (measured by a clinical psychologist, not a fake online test). You can turn $100k into millions without investments.

>> No.57610187

>>57609782
Is it? I figured nearly every burger on here had at least 100k in crypto

>> No.57610233

$100k in 2024 is exactly $12,256.13 in real money (US Dollar in 1970)
ONE HUNDRED THOUSAND DOLLARS IS ACTUALLY JUST TWELVE THOUSAND DOLLARS

$100k is NOT a lot of money

>> No.57610255

>>57610099
This is actually true but not often said. I'm at about IQ 129, I think, according to all the IQ tests I had to take as a kid. I'm 27 years old and my bonus at the end of the year is about 100k depending on the economy for that year; it goes 100% into savings every time. Do that for close to a decade and I could easily see how you get $1 million by like age 32/33. With regular old ETF investing it would be much sooner.

>> No.57610276

>>57610233
When I was 18 years old, $12,256.13 would have been a lot of money to me.

>> No.57610295

>>57609928
I have around that much still no gf. Fact is 2 million is barely anything in the US you're still middle class. Gotta move to another country if you want to stand out with that

>> No.57610346

It really depents where you live. In my country i could live on it for decade maybe decade and half if i was living frugali

>> No.57610416

>>57610099

plot twist, anyone with a genuinely 130+ IQ is already a millionaire by their early 20s. protip: proven fact.

>> No.57610492

>>57609928
I used to fuck 9s and all I had was like 10k to my name. But I’m tall, so there’s that.

>> No.57610554
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57610554

>>57609782
100k will be 50k in two years
In truflation you can see how much you are losing (getting robbed) by the feds in inflation

>> No.57611002

I wonder what everyone here is doing for a living.. Like how long would it take you to save up $100K.
For me, if i go full Dave Ramsey clench your butt and steal ducks from the pond, it would take me 4-6 years..
Most people (obviously not /biz/) are in a similar situation, $100K in investable assets is something that will take decades to accumulate.
Whatever you can do with $100K is sort of irrelevant.