I am in possession of one million eighty five thousand United States dollars at 27 years old Still feel broke as hell though
fellow richfags of /biz/, how do we respond to this without sounding superior
>>611973261.2M herei would retire at 3M because that can replace my 150k salary at 5% yield.
with that kind of money you could easily live like a king in latin america and never ever work again
>>61197384>"live in a bug infested shithole with your pittance" bot, posting within 10 replies right on scheduleThank you for your service
10 million is the new 1 million
>>61197326Just enjoy your youth then. Don't be like those dumb millenials who are still not selling their crypto in their early 40s/late 30s despite being in debt IRL and could be victims of being in a repo Youtube channel.
>>61197326That's the equivalent of like $500k only 5 years ago, so yeah, low 7 figs is the new 6 figure hell
250k here.I want to kill myself.I used to have 1.4mil at the top. Im rekt.
>>61197326>I am in possession of one million eighty five thousand United States dollars at 27 years oldIt's because it's unrealized gains and it's not cash.
>>61198394Should have cashed out and put the money into something safer, hope you learned from your degenerate gambling ways
>>61198342no it isnt retardi had over 1m+ in 2018 thats still worth a lot today faggot this idea that spending power is reduced by so much over 5 years is bullshit real estate appreciates at 2% a year which is nothing
>>61197326you should be using trading algorithms
>>61197326You aren't in posession of shit since you haven't cashed out yet. All you've got are some tulips and some imaginary for sale signs that you haven't put up yet. Enjoy eating shit when the market drops 50% in january.
>>61199550Real estate anywhere worth living is up 60%, luxury cars are up 100%, meat is up 100%, hoes are up 200%. You feel rich because you haven't tried to actually buy anything with your money yet.
>>61199574Correct.Op doesnt own shit>>61199581>hoes are up 200%Kek
>>61197326tell me about, same boat at 1.8m age 27
>>61199581sybau thats all fake statistics lmao
>>61197326Get a chip in your arm or you will lose access to that money. Sorry to say, but You don't have shit bro. It all goes back into the box once your dead. Enjoy
>>61197384You are getting kidnapped and tortured into giving up the wealth the minute you enter the country
how… meanwhile I can’t even afford to turn on the heater t. europoor
how do you guys make this much money
>>61199880Inspect element.
>>61199880its called the boomer law of economics. You are born at the right time and you buy shit thats goes up with inflation. boomers did, gen x did it, milenials are doing it with crypto, gen z are fucked because they got rinsed with sol scams .
>>61199550>real estate appreciates at 2% a yearwhere do these retards pull these numbers from?
>>61199887>>61199897it's over
>>61197326i'm 37 and i have $1000 canadian to my name and live with my parents
>>61199880google top 20 highest paying degrees and study one of thoseor go into a trade and work OT
130k liquid + outright own house and multiple cars chud here1.5m is more then enough to live passively. shame on you if you don't just put all of that shit in VOO and let it ride into retirement.
>>61200216With a very low standard of living it’s enough and just barely. If you have a wife and kids it’s not even close, you’re about 1/3 of the way there at best with 1.5M. If you live like a broke college student for your entire life, sure maybe
>>61200270at 5% qualified that's 75k/yr. its also zero federal income tax because its long term cap gains. at an average 10% return per year your money is still growingyes you're pathetic if you can't make it on that.
>>61199880high ticket dropshipping
If you invest and compound you can actually be rich tho and free your bloodline for centuries at least. This also allows them the potential to be immortalized in history and therefore bring great honor to you and your ancestors.
>>61199880It's called lying on the internet
>>61200270assuming this is real, it's insane how stupid some of you are and utterly perplexing how you managed to get that money in the first place. must have fallen ass backwards into it.
>>61199880I made about 20 million on memecoins from 2017 - now. From 50k initial. I guess by definition not everyone can do that (zero sum game) but idk it worked for me. I credit patience, stubbornness, autism, and mild bipolar tendencies for my success (gullible enough to marry my bags and hold through hard times but I can come to my senses and dump when shit goes parabolic)
>>61200270you can live with a family with 75k a year lmaomedian household income in the US is 80k retard thats enough to start a family and not do shit all day and watch youtube videos
>>61200519fucking liar you have 20k
>>61200657you cant even afford health insurance for your family with 75k income and no job lol average american family cant afford a house on 75k. they rent. they drive an old used car. it looks like you can afford a house in one state on 75k household incomehttps://www.cnbc.com/select/how-much-earn-afford-house-every-state/
>>61197423this
205k at 30 but I'm going to inherit 10m in about 5 to 15 years.
>>61200270>all the dudes obsessed witb money have terrible children despite the money>has learned that lessonNGMI America really is just a bunch of jewish slaves, huh?
>>61197326Just put into IIPR, marijuana will get legalized at some point and you will get 140K a year from that dividends. less risk do MO for 70K a year but its a dividend aristocrat. Then you can spend your life just living around having fun. That is pre tax though. Getting generational wealth is overrated, you probably will never have kids just get that sweet spot of 200 dollar Eastern European and Asian prostitutes or get a Travel Girlfriend and pay for her to come with you and get a new model every year.
>>61200742>Hasn't
>>61200745Well first off nit having kids is retardedSecondly generational wealth without kids is also retarded
>>61199581>You feel rich because you haven't tried to actually buy anything with your money yetThis. $1m would be enough if you already own all your shit and are not in debt, but that alone excludes the majority of people.
>>61199581>anywhere worth livingwhat, shit holes like London?
>>61200728>MI approaching WV tier
>>61197326I have 5k at 37 fuck you!
>>61200745 (You)>The company was founded by Allan Goldlmao
>>61200745MJ stocks have been a great way to lose money forever.
Demoralization slide thread, kill yourself subhuman retard>in all fields
>>61199880>Run a chemical company selling SARMs>Put the money into Bitcoin>Be cheap>Keep being cheap>As the value ratchets up enjoy more but still well below my meansAnddd here we are. I bought a house that's nice but also modest for my net (under $2MM)>>61197326I mean you're not really rich in the sense you can live an indulgent and luxurious lifestyle. You have enough to live as a poorfag if you can't work anymore- that's a lot better than other shucks but not really rich.
>>61197326>Still feel broke as hell thoughThat's because you are OP.
>>61200735What do you plan on doing with it anon
>>61202557you again? lol. all that money and no life.
>>61202557helo saar. I am a big titty nigerian princess. I have money to send. please saar, big milkers. i need US and of A account for transfer. pls respon.
>>61199880I got used to living like a grad student even after getting a 200k+ job after grad school
>>61199794Nah. Whatever bank/government controls the place will just steal the money. Nothing you can do about it.
>>61199897>gen z are fucked because they got rinsed with sol scamsWhich happened because they can't afford to - or rather, it would be stupid for them to - wait 20-40 years in sub-third world living conditions. Boomers and Gen Xers were "waiting" for their assets to appreciate while still buying nice houses and cars, living in a comparatively safe, clean, high trust nation, going on vacations, starting families and moving up in the world because it was enough to just give firm hand shakes and make eye contact.
>>61197326With that you could live like a king in Warsaw and never work again.
>>61197326Welcome to the club. Double welcome if you made it all yourself with no capital at inception
>>61197372what gives 5% yield without capital dilution
>>61200662Actually I have about 15 mil after accounting for taxes over the years. If you subtract my current 2025 liability it's more like 12. I'm sorry you're a loser (it's ok though - without losers like you there couldn't be winners like me. Thanks for losing!)
>>61200107I think I have bout thousand yuros and I'm happy as can be. Life's good lads ,got a roof . Old car , a monster gaming pc. You dont need a millian dallas to be happy
I just made dinner from tomatoes I grew on the balcony myself and feel rich as fuck
>>61198394$50k hereunemployed so losing about 3pc of my nw every month. soon it will be 5pc.
>>61205335kek i know this feel