Does your net worth really explode after your first 100k?
>>516670556I only make a fraction of my net worth.. the rest goes to my employers.
>>516670556thats just inflation
>>516670556You can get there faster but investing $20k per year at 11% return.
I’m almost there. This is entirely from 401k contributions and some employer matching.
>>516672125Fidelity?
>>516670556So if I invest all my money instead of ever spending it on anything fun, after 30 years I'll be a 50 year old millionaire who wasted their youth working and saving up money. And a million dollars isn't even a lot of money anymore, especially not for a 50 year old.Meanwhile boomers could waste most of their income on alcohol, drugs, partying, whatever. Then buy a house for twice their yearly salary and now it's worth a million dollars anyway.
>>516671906100% on black is faster.
>>516672583>things aren’t how they were so I won’t saveStay poor.
>>516670556it explodes even more after the first 1 miillion. I am 55 with 8 million.. not big big money but not bad. thread theme song for all here who are old and rich but can't please a woman anymore (https://www.youtube.com/watch?v=k40YxkwEoXk
>>516672719You're an idiot and you missed my point.Youth is the most valuable thing a person will ever have. Enjoy your youth, spend money building treasured memories and having fun. Who the fuck cares if you're some decrepit old 60 year old with a net worth of 2 million dollars? What good will it do you when your body is decaying and you don't have the energy to do anything fun anymore?
>>516672125you have done damn good.. keep on the path.. money makes more money :)
>>516673141>blow your most financially productive yearsStay poor.
>>516673437Stay dumb and keep wasting your life.
It was. I got $150k from a company sale and invested all of it in 2014.It's now $800k.However, this relies on the market continuing to go up, which isn't actually guaranteed.We could find ourselves digging out of a very, very deep hole soon. I wouldn't put all my eggs in the stock market anymore. It's so overinflated.
>>516673600Stay poor.
>>516673437Well it does if you're a regular person who is a slave to the system. I think after about 100k your lifestyle probably doesn't change much.
>>516670556>10k at 7% returnRun the fuck away from ANYONE preaching this nonsense. They are absolute scam artists
>>516670556LOL. A million dollars. Who gives a fuck? That's not even a house anymore.
>>516670556Don't know, not a jew.
>>516670556>$1 million USDNeed around 10x that to be safe with what will happen. People do not realize how bad that's going to get.
>>516672125this is good until the markets crashes and you're stuck holding massive losers— you'll have to work and contribute more and more to your positions to eventually buy yourself out of the loss, but that'll take hundreds of thousands of dollars to do so.Happened to my dad in 2008, he lost $400k from his retirement overnight.
>>516675156it's only a problem if you're close to retirement. which by then it's advisable to diversity to lower risk/return
>>516673605>It was. I got $150k from a company sale and invested all of it in 2014.It's now $800k.Tons of bullshit itt. Please shed some light on how you got a yearly return of nearly 20% when the average return on major stock indexes is 10% and the Dow went up about that rate in that time100% serious you don’t have to doxx yourself
>>516670556to call yourself a millionaire today by 1971 standard you need ~$50mil
Invest in what?
>>5166753555 not 50
>>516670556Its true that once you have a lot of money, it becomes easier to accumulate more. which is ironic. even rich people get free stuff all the time by people trying to bribe them or get them to buy into something. there are so many other ways where already having money Ives you an advantage over someone else in getting even more
>>516673141I always love this type of autistic thinking whereby someone who is working, saving, and investing also apparently isn’t also building memories and having fun. It’s as though you can’t understand the two aren’t mutually exclusive. What if you can work, contribute to retirement enough that you’ll be financially secure in old age, but also still do things you enjoy in the meantime?
>>516672125NoiceHow old?
>>516673437Stay miserable
>>516675354It’s very possible to beat the market if you time things correctly. An extra 7% YOY is almost a full year of average market gains.
>>516675003So just have enough manpower and firepower to sieze physical value from the elite who will abandon assets en masse, and if yoy have to prehaps broker a deal with the new gov after the collapse. That's what I figure, and that's what I plan for. Aside from regular prep ofcourse. My family and I can eat for at least a year with zero supplementation starting tomorrow.Thanks God I had enough time and money to prep well, the peace of mind in it is the biggest relief I could have.
>>51667548610% a year on 100k is 10kOn 1 million it’s 100kSometimes I forget I’m an esl retard here and everyone else has genius level iq
>>516670556Can non-whites literally not understand thrift, investment and time-value-of-money?
>>516670556I did the maths on this a little while back, and im pretty sure its higher then $10k. Like $15k/yr in savings invested or more
>>516675723Yes in a short time period…. A 20% yearly return on investments is extremely goodlol xgayw
>>516675587Clearly aged. The returns on 401k aren't much its usually matched like 5-7% with seniority a few percentage points more.15% in a year means he's trying to retire and throwing a lot in.
>>516670556the only reason this works is because everyone does it with 401k and IRAs. not because the underlying value of companies always rises.Gold beat the S&P this year btw
>>516673600>Stay dumb and keep wasting your life.Says Muhammed who is "enjoying life" and "building memories" by shitposting on 4chan.Stay poor, nigger.
>>516675914It’s just about looking for opportunity and taking risk. My biggest return was based on sinking money into two things over the last year, Reddit stock (lol) and the Bitcoin ETF launch. Those alone pumped more than the S&P500 would have gotten me. I also take out call options based on earnings dates and rate cut announcement dates.
>>516675354Nta but I beat market a few years back due to triple leveraged semi conductor stocks. SOXL carried my retard ass enough during the tech boom that that i was able to sell it and just chuck it into JEPI for some monthly pocket change. No idea what you'd do now for that kinda gain though. Maybe uranium, I'm still really bullish on that even now
>>516676084Over 10 years It’s not unheard of to do extremely well in a short time period but a 20% yearly return over a decade is very very good
>>516676020Why would he be so fat if he exercises so much?
>>516676020Your country is literally majority non-white and you're calling me a Muhammed? Fucking idiot, lmao.
>had a chance to make 200k this year in cryptoI just need that lucky swing and then I can go ham.
>>516676269Water weight please understand
>>516670556The more money you have, the more free money you recieve
>>516673600Stay poor, bongistani. Enjoy your stuffed potatoes.
>>516676192Step 3: Interpretation1/3 of the years need to return 40%, and the remaining 2/3 return 10%, to achieve a 20% average.Example: If you plan for 30 years total:10 years at 40%20 years at 10%#doubt
>>516676216That’s very true. Still. Make hay while the sun is shining and all that. Even a 20%+ return once puts you way ahead overall.
>>516674742Lift style doesn’t change, but $100,000 invested is $4,000 extra per year that you reinvest.
>>516676348Just wait for the next Bitcoin halving. It usually happens when the S&P tanks
>>516672583You cant work forever and/or live destitute in old age, or you can delay gratification and live free and comfortable in old age.Boomers are largely selfish fucks who manipulated politics at every stage of their lives to benefit themselves at the cost of others, but you cant do anything about that.
>>516676539Look at the math>>516676480To get a 20% return over 30 years you’d need to be at literally fucking 40% for a decade if the rest were just normal 10% years
>>516676346>Your country is literally majority non-whiteI haven't seen a non-white in a month. Enjoy your poverty, Muhammed. Be sure to post some selfies on social media with a mouthful of cash next check-day.
>>516676955My great grandfather had a white housekeeper during the depression In Soviet America whites scrub polish toilets
>>516676955The most pathetic thing is you are obviously non-white, because you have the combination of stupidity and obsession with money that is so common to brown people. You are so self-hating that you come on /pol/ and pretend to be white, just like the rest of your fellow countrymen.
>>516677204
>>516675354I get more than that every year. I buy real estate and rent it out. Made my first million by 25 and it just keeps going up. If you combine the rental income and appreciation it’s actually probably a lot greater than 20% a year. You just need to know what you’re doing and not be a tard. Like right now, with 7% interest rates it’s not a good time, but when the time comes again and you can get 2.1% mortgages? Fuck yeah take some money and buy an high quality investment property in a nice area then charge as much as you can a month in rent.
>>516677204Send not to know for whom the bell-curve tolls.It tolls for thee.
>>516670556>10k/year for 30 years>300k total investment over 30 years>In 30 years 1 million will be worth ~400k (maybe who knows!?) in today's money adjusted for inflationSound like a shit investment to me.
>>516671870Yeah, compared to m2 the market still hasn't recovered from 1929 and has been on a slight downward trend over the last 100 years. Depending on when you bought it you could still be up, but not substantially.
>>516670556Yes.
>>516677204Shhhhh
>>5166748827% a year is just the long term gain of investing in the S&P 500, adjusted for inflation. In reality it will not be smooth, and "past performance does not guaranteed future results", but it is a fair estimate for prudent long term gains
>>516670556>just have 7% guaranteed winnings for 30 years straightif it was that easy everyone would do italso at the same time someone like Musk would go from 500 bil to 50 quadrillion
>>516677759Major stock indexes have been extremely consistent over long periods even including the Great Depression
>>516677759Adjusted for inflation, not real cost of living. Even CPI is fucked because of dumb adjustments like "cars today are safer and have more options so they are worth more than their 1960s equivalents." and excluding commodities because they are effected by external factors eventhough everything we consume is downstream of commodities.
>>516677916>if it was that easy everyone would do itbut few do it because they're low impulse niggers
>>516677916It’s 7% after inflation The problem is it may go down 20-30% right when you need it lolllll10 million in the stock market is literally a million dollars a year in income even if it loses 50% of its value you still have 5 million It’s literally welfare for rich people
>>516678137Its probably because a few people in europe can actually invest 10k a year. that would be around 30% of your entire net income on just the S&P 500
>be retard who just gives his money to professionals and ignores it>75% in a targeted retirement date fund (2045)>25% into a blue chip growth fund>15% contribution rate with 6% employer match>5yr performance 18.65%>at 10yr average inflation I will retire at 65 w/ $3m in PP adjusted dollarsI'm ok with this.I'm ok with this.
>>516678271no it's because most people have the 15 second nigger goldfish patience span and money just burns a hole in their pocket if it's not spent immediately on stupid shit especially in their 20s and 30s
>>516673141This is why white people are poor.
If you aren’t rich don’t even bother investing that other dude is right just spend it on cocaineeat rice and beans your entire life and retire with 70k instead of 30k whoopty fucking do
>>516678271you see?>>516678598this kind of nigger talk is what I mean
>>516670556I invested around 200k in the spy 15 years ago and now it is over 1 million.
>>516673141>you don't have the energy to do anything fun anymore?I have golfed with 80 year old men who walk the entire 18 holes.It's a long life for you to wagecuck until you keel over in your goypod apartment.Meanwhile I busted my ass in my career in the early years and now I am on easy street and fairly old but in the best shape of my life because I have plenty of money/leisure time to exercise, de-stress, etc.Enjoy your goy pod for the next 40 years because YOLO retardation that normies consider the prevailing wisdom, you are taking the normie path like a normie retard LOL.
>>516678714Fuck off stupid nigger Buy a 1 million dollar condo in nyc? Even not factoring in a mortgage you end up paying as much in rent hoa repairs taxes etc than if you just rented.I’m smarter than you
>>516678479nobody in their 20s has 10 THOUSAND euros to just spend on the S&P 500, especially Polackenthats just new-boomer cope like avocado toast
>>516673141>building treasured memoriesyou went pub crawling and maybe shagged some uggosso treasured, very memorable stay poor
>>516678928>nobody in their 20s has 10 THOUSAND euros to just spend on the S&P 500you can start in your 30s too
>>516678928Your a fucking retard if you invest 10k at that age in the stock market unless it’s a yearly thing
you need 100k just to invest in stocksyou need like 200k just to start doing optionsand you need 400k to get away from niggers
>>516678928Even if they did they'd be much better off just opening a free brokerage acount anywhere and dumping it into VOO or SPY.
>>516670556>7% returnon what investments please tell me
TELL ME HOW TO GET MONEY WITH NO SKILLS AND NO DESIRE TO GET AN ACTUAL, REAL JOB, BECAUSE I DONT WANT TO CONTRIBUTE TO JEWISH SOCIETY
>>516678928>nobody in their 20s has 10 THOUSAND euros to just spend on the S&P 500, especially Polackennever heard of a trust fund or inheritance?I liquidated a trust fund a put it in the SPY. It was a good decision.
>>516670556yes although nowadays I'd say 250k is where the money multipliers start kicking in. once you can make bigger investment plays you get meaningful payouts.
>>516679145And one wife to take half
>>516675605Stay poor.
>>516679234the key is to buy nvidia shares 10 years ago
>>516679250trust funds, in german Treuhand Fonds, weren't a thing for civilians for 80 years.Treuhand fonds were led by SHAEF (allied command)
>>516679234The go to option is day trading crypto or stocks but then you become the Jew and you have to be super smart etc
>>516679454I need a 0 effort 0 thinking required scam or something. Stocks are stressful unless it's something like toilet paper I guess? I just absolutely refuse to put effort into anything outside of personal matters, I will not compete with poos just to be killed by a nigger thanks to jews
>>516679390My dad bought palm pilot stock before the iPhone was a thing had he invested in apple with the same amount it would’ve been millions He had a palm pilot and was like “this is the future everyone is going to want one of these” and he was 1000000% correct he just chose the wrong company
>>516678760Exactly, playing a round of golf is the kind of "fun" that rich, decrepit old men have.Real fun is travelling the world, partying, adventuring. Stuff that old people cannot do.
>>516679636You sound pretty dumb cut off your dick and start an onlyfans that’s your best bet
>>516670556You can get there in a day by emptying a bank
>>516670556>just become a millionaire when youre 60 and your dick dont work bro
>>516679636this is unironically the mentality of /pol/>get me rich quick with no skills, no effort, no thinking OR ELSE YOURE A JOOOOOOO!
>>516670556>7% returnBelow actual inflation. This hypothetical man is getting materially poorer by saving that money rather than spending it immediately, which incidentally is the point of keeping inflation at these ridiculous levels.
>>516679767is it better to stay poor at 60 when your dick don't work, bro?>but MUH MEMORIES
>>516679811Retail inflation is only a thing for poors you literal nigger. A millionaire doesn’t eat gold plated food usually.
>>516679811thank you, exactly. your investments must make over 6-7% each year to even beat inflation
>>516679688In defense of your father: The palm pilot came out in 1996. At that time, not only was Apple a failing company; a year later they had to be bailed out by their main competitor; who had such little respect for them that the only reason he did it was so that his own company (Microsoft) wouldn't face monopoly issues when Apple went under.https://medium.com/cornertechandmarketing/why-microsoft-saved-apple-from-bankruptcy-930f530c18e6
>>516679960His money devalues just like everyone else's you fucking moron. It's why rich people don't invest with 7% returns. They buy assets that outperform that multiple times over.
>>516680006No they don’tEbt Shaniqua eats 10 dollars of bananas a weekJeff bezos eats 10 dollars of bananas a week
>>516679773nope kikein case of americans its>give me same opportunities our fathers and granfathers had before jews fucked everything upthey have all rights to exterminate you for all your anti american policiesbut so do rest of humans
>>516670556I felt more content with my money at $70k than I do now at $220k.
No, an arbitrary number doesn't mean anything. I have over 100k and the pace it increases is the same as it was before.I can only fathom it really means if you are someone who has managed to invest 100k (When 1 in 6 have zero, 21% have less than 1000) then you are probably someone who has got a decent job or business so you are more likely to keep sailing past the 100k mark.
>>516680061I know, the point is even if you know exactly where an industry is headed you still need to invest in the right company
>>516680167>>give me same opportunities our fathers and granfathers hadthey should try to win a world war again in which everyone will wreck themselvesso they can stay on top the 1950s are not coming back unless that happensspecial snowflakes need to quit bitching
>>516680335they need to revert war on poverty, immigration act and all of their results + kill every jew to have normal society againpic rel tooyou are problem for everyone jew
You all grew up poor but certain people are in for a rude awakening a lot of the “man children” millennials are just guys who were working on their careers and are going to leave everyone in the dust in a decade or so
>>516680526stay poor (and stupid)
>>516680307Fair enough. I had a palm pilot myself. I can tell you exactly where the company made their mistake, and lost their chance to own the world:Their big thing was handwriting recognition, that you could write on the device and that it would translate it into text. It had a small pop up keyboard, but it was more of an after-thought.Palm spent so much time and money trying to figure out how to make the handwriting detection work, they lost focus on everything else. Had they just dropped the handwriting, improved the keyboard, and left most everything else the way it was, they would have dominated the market for a decade.
>>516680669I fix up old computers as a hobby, mostly 80s and 90s apple stuff but PDAs too. I like palm pilots, I have like ten but graffiti is fucking aids.
>>516680669They couldn’t compete with the big boys at apple If my father actually followed the tech sector news the smart thing would’ve been to ditch palm pilot as soon as the iPhone was released
>>516676713Boomers in our country are actively getting fucked by the pension system and have to go back into the workforce. By the time i'm 60 years old I expect retirement age to be 80+
>>516670556cool, after all those years a million might always be enough for a down payment for a house
>>516677916>doesn’t understand where musk’s wealth comes fromngmi
>>516680915The palm pilot came out 10 years before the I-phone>>516680826>80's 90's computersWhen I was in high school, I wanted an Ohio Scientific Challenger 4P; but didn't have anywhere near the money. My first computer was a TI-994a, but then I got a Laser 128, which may be the greatest computer ever. I moved on to a Mac Plus for a while, but switched over to Windows machines when I broke my mouse, and noticed that the Windows mouse was $10 but the Mac Mouse was $45
>>516681022NopeSoon
>>516681126Apple stuff is a bit harder to work on than PCs from that era but theyre a million times better. I actually have a mac plus btw.
>>516670556>transition>download discord>dilate>join antifa >dilate>protest>dilate>no kings march>dilate>mossad approaches!>offered boobs>accept & dilate>leMission engaged>dilate >leMission complete>dilate & celebrate 10,000 shekels have been added to your steam bank
>>516679723You can’t do that when you’re poor.
>>516670556I hope so.. My market account just broke 100k this week.lets go
>>516681272Long Live System 6.0.7
>>516681384All you need to get into an elite college are elite test scores gpa and a few extra curriculars, they pay for everything if your poorIt’s very easy to get ahead in America if you are smart even if you’re poor. My great grandfather was a 2nd generation pollack immigrant and his father killed himself before my great grandfather was even an adult. He made shit loads of money, gave a lot of it away, dodged the depression etc.. born within one year of Fred trump in queens
>>516672922My first million has doubled in the last year but I don't know if it's going to be doubling anymore unless I move it and diversify. What did you do after your first couple million to keep the ball rolling?
>>516670556I have a net worth of $4million+It started out with a $40k investment into Bitcoin. I can confirm that it started to grow exponentially as I bought more and more of it.
>>516680142Come on, anon. We all know Shaniqua isn’t spending that ebt on nanners.
>>516670556>(unrealized) million dollarsAlways keep that in mind.>portfolio NLV...would be a more appropriate description.
>>516680142what does that even mean you fucking retard, are you trying to make a point?
You really gotta network I ran track against one of the founders of Facebook Taylor swift wrote some of her early hits about a guy I grew up with I played on the undefeated floor hockey team of a future us olympic hockey player a kid from my track team played in the nfl briefly… the list goes on Me I could’ve been rich but I like telling people on the internet they are niggersI can just cash out if I want to but I’ve always hated work
>>516672583You are not supposed to depend on "investing" . Your parents are supposed to educate and push you in the right direction so you don't become a loser and form you so you become a bread winner between 20-30 and are then completely inedependent. Most Whites don't have actual families and are incapable of maintaining basic relationships. They don't know how to communicate and don't actually trust eachother enough to work with eachother. There's at least 2-3 generations of White losers in the making who will lead completely golemic lives and whose pinnacle of life will be drinking specialty beer or eating some "special food" kek Americans on this board are alomst 100% living in that lifestyle already, every experience they have is bound to food or food prices. They don't really have anything else.
>>516682043Food costs are like 50% of the budget of the poor and 1% of the budget of the rich Do the math tardo
>>516681537It works really well when running on the zuluscsi hard drive emulator. Its way faster.
>>516682193I really like getting into fights with people Once you reach the top of the pyramid it’s often about life’s simple pleasures
>>5166705561 mil will be fuck all in 20 years
>>516677389Your state has good anti-squatter laws, I assume?
If I told you guys the reality of the internet you would become domestic terrorists4chan something awful etc were destined to become male dominated spaces like the beer halls of Nazi Germany or smoking lounges of the British empireYou would’ve been able to come here get literally whatever you wanted etcThen the glowtroons showed up
>>516682399But it will still be greater than $0.
>>516670556what are taxes
>>516682667The internet used to be a beautiful place to share knowledge about the world and life. Now it’s a place for troonshine recipes, twerking, and bitching about being incompetent.
>>516679773nobody in the world does honest work anymore, it's been exterminated, so why should i? let alone to contribute to demonic jews
>>516675156>Happened to my dad in 2008, he lost $400k from his retirement overnight.we are near the peak of a historic everything bubble, the housing and labor market are flashing red, the stock market is inflated with Trump's BBB tax giveaway, musical chairs game will stop soon
>>516682886You don’t know what anyone else does because you exist in an echo chamber. Do you think most people who are living better than you are scamming? We work for what we have.
>>516670556So 33 years. And once you reached 1M it will be worth 200k of 33 years ago money. Amazing
>>516683086>Do you think most people who are living better than you are scamming?Yes. Either scamming or being a parasite in your own right or working as a slave with no job security. I reject the dichotomy.>government jobscamming>cryptoscamming>"self made business"drop shopping, courses or jewtube monetization aka scamming>constructionbuilding cardboard to sell for 2M, scammingeverything that makes money is jewing other peopleanything that's honest work is slave labor with wages that amount to less than gibsmedats with less benefits and security
>>516679688>My dad bought palm pilot stock before the iPhone was a thing had he invested in apple with the same amount it would’ve been millions>He had a palm pilot and was like “this is the future everyone is going to want one of these” and he was 1000000% correct he just chose the wrong companyI did the same with solar power company, lost 45k$ when it went bankrupt meanwhile Enphase went 10x
>>516670556This is like nofap but for greedy people.
Not really. I had 100k in 2021 and only have 150k today
>>516672583The only sensible hope is to try to make a lot of money very quickly. Relying on investing when you don't already make $1 million / year in *income* is how you end up dead before you reach freedom.>>516682193Epic takedown by Swiss anon.100% right.White people ostracise people with actual asperger's, when the race as a whole is an autistic, neurotic, suspicious, avaristic, golemised mess.
>>516683336Stay poor.
I think I have about 2M now from doing this for awhile but I still feel broke and there’s not actually anything I want to buy anyway.
>>516675156Crash will never happen. It may go down but our entire currency is based on number always going up. Even if number goes down that is just usd of the individual item you buy as investment. Since number always goes up your individual items you bought dont go down, just value. Usd price tag always go up. Don't panic like a retard and sell. Don't invest money you can't afford to not have access to for 1 year at worst. Or keep only enough cash on hand to survive a year without any income and put the rest into investments.
>>516682193>There's at least 2-3 generations of White losers in the making who will lead completely golemic lives and whose pinnacle of life will be drinking specialty beer or eating some "special food" kek'golemic'this needs to be a word
>>516672125Wow, got any tips besides a high paying job? I’m assuming it’s high paying but you must also have a great savings plan.
>>516670556Ive got 100k in the bank right now. What do?
>>516682974I'll just buy Nvidia at historic lows then
>>516671662>fraction9/10?
>>516684284>Ive got 100k in the bank right now. What do?Open a market account.put it in an eft called NUGT (DIREXION DAILY GOLD MINERS INDEX)This is financial advice.
>>516672125911 that reminds me of that terrible tragedy
>>516673940>>516673437>>516672719Dossier submitted to moderation. Get banned troll!
>>516672719>t. fucks and makes you raise my nigletRich niggas b cucks.
>>516676642Go look up M1 in 1971, and then today.Do this calculation:ln( M1[2025]/M1[1971] )/( 2025 - 1971 )and figure out you're not beating inflation.Think ~7%/annum is too high an estimate? Go calculate it again but with Jack in the Box Ultimate Cheeseburgers from 2005 and 2025. How about houses, gold, and the S&P? What does 7%/annum force of interest look like? Doubled prices every decade.The FED needs to be literally burned to the ground for this to stop.
>>516675354Anon 150 in the S&P a common index fund in 2014 is worth 660 now. Anon just had to get one or two lucky stock picks or sell and rebuy in the whole covid debacle to make all their money.
Billionaires hoarding wealth contributes to inflation as well
>>516682193The US runs on two things exclusively:>fandom,>spectator sports.Every aspect of their "society" revolves around it or is created in its like.
>>516687078No one cares.
i dont invest anything i will NEVER let some jew handle my money
>>516670556Just a casual 10k a year over a cool 30 yearsMost people have an annual savings rate of 2k.
>>516689353Or just throw some extra $$$ on top of that initial $150k. Most poorfags can’t into compound interest.
>>516675354QQQ goes up an average of 20% every year, and that’s without timing the market or buying dips
>7% annual returnA dream figure given to gullible people who do not understand basic finance.
>>516690189>LONG CALLS DONT WORK!!Maybe for you tranny
>>516690189I'm up 202% since I started in March of 2024.
>>516670556Adjust for inflation
>>516670556I can invest a million, what's in it for me?
>>516672583> 10k per year> all my money
I didn't feel like much changed at 100k. It was 1MM when i finally felt like things were really taking off, without me having to work as much. 100k -> 1MM is the most painful grind ever, but also so worth it.
>>516691579And the nice thing about America is anyone can start from nothing and fresh generational wealth within one generation. If you are poor in America then you're generally retarded or lazy.
>>516670556Yes. That's how exponents work you fucking retard.The biggest problem in this world is retards that don't understand exponents.
>>516683798>work til youre 80 and die
>>516670556>7%Just beat the hedge fund returns, goyim.
>>516670556if u cant understand what the highschool math behind this graph is u dont have the iq to get a highpaying job that gets u there
>>516682217>he does not know that inflation on investment assets has been significantly higher than on consumer goods since 2008
>>516693657btw im not saying that if u do this means u will make a million Dollars. just making Sure because i know this board... well
>>516693657>a highpaying job that gets u thereThis. Investing has been dead since 2008. You have to find a way to access the newly printed money to see your net worth grow.
>>516694302ye i just grow weed and sell it desu. like i have other Business endavours but im not gonna live of bank credits like most "founders". long Story short real Business is basically impossible. id advise everyone to either get used to their Circumstances or learn new dirty skills.
>>516692942Only poors do that.
>>516691191if you can save 1000 a month without cutting into your lifestyle you dont need advice from some asshole on an imageboard
>>516670556S&P 500 gains an average of 10% per year.On $100K thats +$10K per year.I only make $20K/year working at Walmart full time.So if I had $100K making me a free $10K/year I would only have to work half as hard as I do now to have the same amount of money.If I had $200K I would make my entire year's salary per year for free and have 100% free time. In that 100% free time I could try creating any online/offline business I want and have a $20K/year security blanket meaning I literally can not fail even if I fail. So I can see how that would skyrocket inevitably.
>>516698635Now imagine if I took that $200K making me $20K/year and moved to Bali/etc where it's like $80K/year. That's what I'd do the moment I ever get even $100K at once.
>>516698635>>516698774Some of you may be like "$20K/year that's nothing" but here in my deep south redneck town that's all anyone makes. minimum wage.
>>516698635>S&P 500 gains an average of 10% per year.over the past two years its almost 50%.So if I had $100K making me a free $10K/yearNot free. you'll be paying the IRS for getting that 10k. figure around 30%.
>>516670556I first reached 100k net worth in June 2024Up to 127k now
What's the point of a target dollar amount? Things fluctuate so you should use percentages and only think in those terms. You need 25x your annual spending before you can probably safely retire. 30x if you want to be safe from everything but black swans.
>>516670556>investNo, I don't think I will. https://www.amerlit.com/poems/POEMS%20Pound,%20Ezra%20Cantos%20XLV%20(1937)%20analysis.pdf
>>516700121The entire concept of getting old is retarded. Only a retard wants to be at the total and complete mercy of this society full of blacks, trannies, kikes, and lesbians when he’s decrepit and unable to defend himself in any way. All gigachads die young for a reason
>sets dividends to reinvest Yep, it's richfag time
>>516698635Now imagine 1MM.
>>516671906Not necessarily because the higher return implies a higher risk
>>516698635>If I had some money I'd use it to get moreThis is not what money is for, little jew.
>>516699565Long term capital gains are 20% max. Lower than income taxes.
>>516702852I overhead some poor people in the grocery store the other day claiming that one of them would have to pay an "inheritance" tax on like 100k. I wanted to correct them but didn't.
>>516670556Measuring wealth in a fake currency that's losing value every day and printed infinitely into the future. Get silver and litecoin you morons.Gold and bitcoin are clearly psyops.
>>516670556try and see what happens
>>516672125>401kNGMIThere will be no retirement wealth for millennials.
>>516672125Crypto gains?
>>516675575No one in our generation will retire. You’re a fucking idiot if you think the digits in your account mean anything 20 years from now.
>>516679723Yeah and you are still a poor loser.
>>516670556I'm at 100k now and apparently that's the hardest part. What do I invest it into to 10x it?
>>516682974People have been saying that for over a decade, losing out on gains the entire time. Anons in this thread dooming about total collapse are coping poorfags.
>>516682193I'll still pick being white over being a filthy fucking Paneer subhuman every day. SUBHUMAN.
>>516704113Over a decade? Well I guess these current economic conditions must last forever based on ten whole years of eveidence
>>516703857exactly.I'm gen X and I'm saying this for 10+ years now. no one, not even my generation will be able to retire.it is a mathematical impossibility. this house of cards will collapse before we could, and what comes next isn't some utopia but rather the opposite of itI'm doing well for myself but I don't save for retirement, not with stonks or crypto, both are a scam. I'm mentally prepared to work until we die, so might as well take it slow and comfy. leaving this prison planet eventually will be a salvation.
>>516704776Exactly. I’d have got a little land and a nice cabin while I could have 10 years ago but that ship sailed and it’s impossible to get now if you haven’t already.
>>516675723Show five or ten year or more hahahah. I’ve had good years too. You want great long term returns, if you have a job during a downturn, tighten your belt and sink everything you can into the market to buy the dip. Vanguard sez I have 12% returns over 20 years and I only have about 10% in whim stocks (that have done even better the last five years but I didn’t count on that )
>>516670556>>516672125I don't invest because I think it's a scam but now I'm reconsidering.
>>516682974The number of dipshits that sold during the 2008 dip is incredible. I grit my teeth, stared at the wall, bought store brand everything and kept buying in. If I’d had boomer money to invest I can’t imagine.
>>516671870No, it’s compound interest you financial imbecile. Exponential curves look like that. Same thing in reverse paying off a loan. That percentage yield has multiple causes. Inflation is part of the growth of the stock market but real businesses on average grow much faster than inflation.
>7% returnWhere?
>>516670556No, because private equity firms buying literally everything they can on loans from other private equity firms in a huge chain of loans is coming to a stop because it literally scammed our society with money that doesn't exist.
>>516705602I don't know man, I'm not in america. but in the middle of bumfuck nowhere the prices are still low, or so I've heard.also with the population shrinking, the real estate prices will have to go lower. something will have to give.I've got younger friends and I see how it's an impossibility for them to get their own places, so I guess taking care of their parents is on the menu, and then they'll get the real estate when those die.for this reason, I can understand why on one really wants to work. no family, no own home, no future.that doesn't explain laying flat though. as much as is this world is miserable, there are plenty of things one can learn and practice for free, and maybe, just maybe, something good will come of it. and if not, you still have had a good time.
>>516672125I cashed out my Blended retirement plan to help my parents and they used it to go gambling while I was on deployment. Feels bad. I live in a trailer park now in debt despite almost owning nothing.
>>516706403It's most certainly a scam, but a scam in which you have to participate if you want to have a baseline comfortable life. Pretty fuckin gay desu senpai.
>>516706592This 100%, I will never understand how rich people go broke, its so easy to stay rich once you have investment, hell once you invest enough, dividends are enough to live off.
>>516707447My concern is simple anonWhat if it crashes and I lose everything? That's why I don't invest and just save money. I don't understand what the fuck assets or any of that shit is. No one taught me it growing up now I'm too old and intimidated to try learning it on my own.
>>516681198>soonAgarthan Breakaway Germans will come back in saucers to save us and the surface before anything of note gets better here
>>516706592i imagine food was a concern
