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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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57718941 No.57718941 [Reply] [Original]

2 million dollars is the new 1 million.

>> No.57718951
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57718951

>>57718941

>> No.57718952

>>57718941
no. its 5 million at this point.

>> No.57718958

>>57718941
That's the mindset which makes you overhold your bags and ride everything back down

>> No.57719361

>>57718952
That's so 2023, the globohomo gang is going all in this year, we are closer to WW3 and Weimar 2.0 than ever before and that's exactly what they want.

>> No.57719641
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57719641

Warren Buffet once said He'd kill himself if he wasn't a millionaire by 30. He was pretty much a /biz/tard before /biz/.
He became a millionaire in 1960's when he was 30.

Inflation adjusted, that's 10million today.

>> No.57719676

>>57719641
>need $10m in less than a month
guess i will just kms then

>> No.57719691

>>57718941
I live in a MCOL city. Made 93k last year and I feel wildly poor.

>> No.57719697

>>57719676
Just create money out of thin air like jews do

>> No.57719719

>>57718941
1 million was always nothing
what are you supposed to do with 1 mil??
you do anything it’s instantly less then a million

>> No.57720961

>>57719691
What is your budget

>> No.57721018

>only $1.2million liquid
>26 years old
Its fucking over bros... I can afford nice rope at least...

>> No.57721094

>>57719361
two more weeks
then le west will le collapse

>>57719719
Buying a house doesn't diminish your networth by the price of that house. It becomes part of your networth. Besides, if you can't comfortably live in any first world on 1 million, you don't belong on /biz/

>> No.57721131
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57721131

$1m in 2000 dollars is $4.6m in 2024 dollars, objectively $5m is the new $1m

>> No.57721150

>>57719641
>cpi
False. $1m in 1960 is over $40m in 2024 dollars

>> No.57721178

>>57719719
You're not supposed to spend the $1m outright. You park it in minimum-risk investments for a stable 5% yearly return. $50k/year isn't enough to live lavishly, and having $2m would make for a way more comfortable existence, but you can still make $1m work sustainably if you live somewhere cheap

>> No.57721184 [DELETED] 
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57721184

>> No.57721213

>>57718952
a mere 5x, in this inflationary climate? you're both way low.

>> No.57721224

>>57719641
He was a billionaire and his own family didnt know
People need to stop compare themselves to him
These people are different

>> No.57721260
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57721260

>>57718941
Please don’t remind me

>> No.57721457
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57721457

>>57718941
I have 500k and i can tell you its enough to be happy, you need to just wait and it replentishes and grows (just today my agoras bags went up 10%) without a problem
And i dont know what to do with most of my money right now i cant imagine having 2 million, lots of burgers i guess

>> No.57721507
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57721507

>>57721457
The top signals keep rolling in

>> No.57721545

>>57718941
I wear these glasses and look like this but I don't say this.
Therefor I'm more based.

>> No.57721562

>>57718941
$1 million in 1924 is $18 million now lol

>> No.57721569

>>57718941
It's 5m actually