If you put a $1M into a high-yield savings account you'd get around $3K a month. Why not just do that and never stress about this bullshit market ever again?
inflation
>>62305928That's exactly what I did, except six times more than that. Nowadays I just ride by biku (nice pic btw), read, lift weights and browse the web.
>>62305928$3k per month isn't enough to live in my town. Maybe if you got on welfare, but rent alone is going to cost you $2.5k of that and rent is going up
>>62305940Who gives a fuck at this point honestly >>62305944How'd you acquire $6M. Fuck that'd be the dream.
>>62305962>Maybe if you got on welfareand I'm pretty sure you can't get welfare with a million dollars in the bank
If you put $1M into BTC right now and wait for it to double you can take $1M and put it in a high yield savings account to get $3k a month and still have $1M of BTC.Or better yet just leave it in BTC to go up forever.
>>62305928because i want 2 million
>>62305964>Who gives a fuckYou will, later in life when you are poor.
>>62305983$3k per month is already well below the federal poverty line. I think median income in the US is twice that much.
>>62305928you could put it into t bonds and make more lmao
>>62305928Why would you give away $1mil for $3,000/month? LMAO!
>>62305940not a problem if you reinvest CP%, still getting interest-CP%
If your money is only appreciating 3.80%, and you're using that money for yourself, you're actually making -3.80% a year because of inflation because you aren't adding anything to the pile.Inflation is probably higher if you have a family because shrinkflation and food costs arent always reflected by the price anymore, its the amount of food you get along with higher prices.If you're single, very little living expenses and you own property or a home with low property tax in america its not likely inflation will affect you that much though beyond 3%.Just put your money into the S&P 500. AI is still bullish. Robotics and AI is going to change american society and working fundamentally with UBI, Nvidia and AI companies are going to the fucking moon and will change society.Remember modern personal computers and graphics are only like 20 years old at this point, and only until 12 years ago did PC's get even good enough to be worth a shit for the average consumer in terms of gaming and productivity, same with smartphones, semiconductors weren't that good in 2010. AI didnt even get good until 2022.Modern AI, the neural networks to power robotics and self driving cars wasn't even possible until the last 4 years. You are in the early phase.
>>62305997>$3k per month is already well below the federal poverty linethat assumes that you live a normoid lifestyle of eating out, buying piles of clothes and driving a car to a jobyou don't need all that
>>62306270no, it assumes pesky stuff like electricity, running water, refrigeration, an oven, groceries, a car, gasoline. If you're lucky a cell phone and internet.You can't even rent a place and keep the lights on for that much.
>>62305928i am not wealthy by any means (and never likely will be) but truly wealthy people are greedy and they never have enough money. lifestyle creep kicks in and they need to pay for their retarded mansions and yachts. it's never enough
>>62305928systemic risk, if you play the game this way, you will end up watching a nigger make your pretty white daughter pregnant, get thrown in jail for criticising israel, and get tracked and surveilled on every step in your free range totalitarian slave system. yes it will reward you for playing along with $3k a month, but is it really worth it when you add things up?
>>62306270>be literally a millionaire>live like a pauper
>>62305971>wait for it to doubleNo one who never bought btc is chomping at the bit to get in. Not saying it will never go up again, but btc has basically already exhausted all of its first-time buyers, so now it's just current/former hodlers trading, and that includes corporations.
>>62305928Is that that Isle of Man race?
>>62305962> $3k per month isn't enough to live in my town. Maybe if you got on welfare, but rent alone is going to cost you $2.5k of that and rent is going upSame lol. My parents had to give me $6000 dollars last month for car maintenance and new tires.
2.5% of people have 1m in USA
If you're going to do that put in JEPI or QQQI and get like 9% a month.
>>62306353Do you rather want to be a working millionaire?
>>62305928>high-yieldif you put 1M into a yield optimizer you get 5K/monthon the low average with only USDT/ USDC exposure
>>62305997you think 6k per month is median individual income in the US? retard
>>62305997>median income in the US is twice that muchthis is PASSIVE income, little brotheryou're getting that on top of whatever you make
>>62309528Also the first $40k is tax free from federal taxes
>>62309500i would rather make investments which aren't total shit
>why dont you just pull a million dollars out of your ass!
>>62305940This. You'd be fine for 10 years but at that point $3k would place you way below the poverty line
>>62309647I hope so
>>62305944kekt and rekt wuts your fanny sitrep like?
