Why live?

Nojokur
Nojokur

tfw 99.99% of us will never ever be millionares regardless of how hard we try

Why live?

Illusionz
Illusionz

Why do you want to be a millionaire? To avoid working? My cousin jerry doesn't work and he's poor as shit

Dreamworx
Dreamworx

Yeah but aren't you sad that statistically, you will never be rich?

Fried_Sushi
Fried_Sushi

Fuckin' a man

Need_TLC
Need_TLC

I just want a cozy house and an NSX.

I don't even care if my house is only $120k and my car is worth more. The rest I would use to create a bizness or do something that has meaning

Lord_Tryzalot
Lord_Tryzalot

you wont get anywhere with an attitude like that.. a million dollars simply doesnt fall on your lap.. Try kneepads muh-boi.. Worked wonders for me

farquit
farquit

Why live?

No excuse not to try.

iluvmen
iluvmen

avoid working
This part doesn't even really happen.
Instead, you work on your terms, at what you want to do. Which usually doesn't pay very well, but you won't care, assuming you have the money to begin with.

Poker_Star
Poker_Star

Could be worse. Imagine living in Eastern Europe where you only earn less than $500 a month. It gets even worse as you go further east, I know ukrainains who have to survive on less than $200 a month

Methnerd
Methnerd

It's even worse in Moldova.

TalkBomber
TalkBomber

Their prices are much lower too though

For the equivalent of like $10 us you can buy a ridiculous amount of things in a Kiev supermarket

SniperWish
SniperWish

at least they don't have to live around shitskins, though.

RavySnake
RavySnake

/pol/

CodeBuns
CodeBuns

found the jew

Stupidasole
Stupidasole

It's funny how you mention there's no "shitskins" when their GDP and quality of life is on par with some Central African countries

happy_sad
happy_sad

The only life worth living is the good life. If you can't live the good life should you still live?

Soft_member
Soft_member

tfw 99.99% of us will never ever be millionares regardless of how hard we try

Being a millionaire isn't even that crazy these days. There's so many ways to become a millionaire, sure it may take time but a few good investments is all you need.

hairygrape
hairygrape

I just want to make enough to pay rent and buy chicken tindies.

Methshot
Methshot

found the jew on Veeky Forums
I assumed we were all members of the tribe! Oy vey

PackManBrainlure
PackManBrainlure

I just want to make about 20k yearly in ROI to be able to retire. 10k to live, the other 10k to reinvest, and use 50% of my time on my own hobbies that may or may not produce some money.

What do? I'm reading through Vanguard's pleb introduction to finances. I was going to go full bonds / etfs or whatever the fuck, but apparently it's a bad idea.

From what little I know, I only need about 200k or so, which I can get to by investing 70% of my income for about 4-5 years.

TalkBomber
TalkBomber

Use $2,000-$5,000 to invest in penny stocks and move it around. I usually make at least $70 a day on a good day.

I started with $500.

StonedTime
StonedTime

What has been your average ROI and on what timeframe?

AwesomeTucker
AwesomeTucker

60%

FastChef
FastChef

Not only Ukrainians. Pretty much the same shitty wage in Romania too.
Source: I live there.

JunkTop
JunkTop

13 months

PurpleCharger
PurpleCharger

They're lower, but still not enough, you should be comparing quality of life. For example, our average lower class household doesn't include an xbox unlike burgertown.

Harmless_Venom
Harmless_Venom

Yeah true.

I got some relatives in Ukraine, it's not THAT bad desu. Shit is 2cheap but I'm glad I don't have to live there

idontknow
idontknow

tfw I will be

I'll come back here to brag when that day comes

Stay poor, cuck

If you can dream it, you can do it

Deadlyinx
Deadlyinx

I had a dream I was a rock once.

Carnalpleasure
Carnalpleasure

If you give up like OP then you'll never make it, guaranteed

Burnblaze
Burnblaze

Wtf I hate op now I'm #hardasarock

PurpleCharger
PurpleCharger

You seem like a fucking loser

Enjoy not being rich because you never tried

New_Cliche
New_Cliche

You're not very sharp kid.

Dreamworx
Dreamworx

99.99%
lol.

viagrandad
viagrandad

save up $700 every month
invest them in index funds with a modest return of 6%
rinse and repeat for 35 years
congratulations, you now have $1,005,658 and 69 cents!

A million dollar is fucking nothing, everyone in the first world can achieve that goal with enough discipline

lostmypassword
lostmypassword

Are you sure you're going to have enough to live with only 10k?

Are you sure you can invest 70% of your income?

Are you sure you want to go from a $50k income to a $10k income?

If you do, invest in index funds (mostly stocks, and a smaller part in bonds) until you reach $400,000.

You must only count on your dividends to live, and not reinvest them (because you will get taxed for nothing). This way, capital growth will not be achieved through reinvesting your dividends, but by the capital gains (those you don't cash out because you don't sell the stocks, hence you're not taxed on them).

So if you get a 2.5% yield on $400,000, that makes you $10,000 per year in income, to be spent entirely.

Deadlyinx
Deadlyinx

Just be that 0.01%,
Works for me.

Evil_kitten
Evil_kitten

How do you find new penny stocks to invest in?

FastChef
FastChef

Just did some quick calculations.
Absolute worst case scenario I'll inherit about 750k
Realistically I'll inherit 5m.
Absolute best case scenario I'll inherit 20m

But I'll be 70 by that time so who fucking cares.

Spamalot
Spamalot

how much you got in the bank?

Illusionz
Illusionz

Fuck you and your defeatist attitude. While your saying "I give up," I will be smart with my money and investments. Also getting a Med degree helps.

Lunatick
Lunatick

Sharper than you.

Burnblaze
Burnblaze

kill whoever has the money.

TalkBomber
TalkBomber

put $100,000 in Ethereum
wait two years
??????
Profit and become millionaire!

JunkTop
JunkTop

Firstly, no because I'm not a psychopath. Plus the only value money has to me is that it gives me the freedom to not have to work. Other than that I truly don't give a shit. I am extremely frugal and the things I enjoy are mostly free. Secondly, I took into account interest and stuff. If I got the assets right now it would only be about 450k

StrangeWizard
StrangeWizard

if you think quality of life == money

oh boy

i just want a decent job and a few side businesses

don't aim for millions aim for an easy life. maybe the mililons will come

Raving_Cute
Raving_Cute

Endure a fuckload of suffering for a short period and then relax for the rest of your life.

Seems like a better deal than being a wagec*ck to be truthful

Lord_Tryzalot
Lord_Tryzalot

All I want is a GTR. Couldn't care less if I lived in a small flat or a giant castle.
All I do is watch anime and play games anyways.

Boy_vs_Girl
Boy_vs_Girl

what are you gonna do when you relax

carry on being a virgin? lmaoo

viagrandad
viagrandad

Do all the things wagekeks can't do

Ignoramus
Ignoramus

Don't those get taxed heavily?

Illusionz
Illusionz

TC...it's not too late to make something

Need_TLC
Need_TLC

Look.

Harmless_Venom
Harmless_Venom

Edgey doesn't mean sharp.

Sir_Gallonhead
Sir_Gallonhead

Idk, maybe pursue hobbies, build intimate relationships

Spamalot
Spamalot

Firstly, no
Stopped reading there. You will never get anywhere in life with that attitude, faggot.

girlDog
girlDog

Sit alone in the dark all day and cry ehile jerking off to anime?

DeathDog
DeathDog

tfw getting peerpressured into killing your elders
;_;

Sir_Gallonhead
Sir_Gallonhead

1. Depends on your country
2. Never if you don't cash out

askme
askme

tfw you
8===D~~ *O*

BinaryMan
BinaryMan

You do realize if you just opened up a retirement account and steadily added to it, you'll probably be a millionaire in your 60's or 70's

Booteefool
Booteefool

depends how much you add. $500 a month ain't gonna cut it

WebTool
WebTool

All I do is watch anime and play games anyways.

stopped reading right there

TechHater
TechHater

So right at the end?

StrangeWizard
StrangeWizard

that is correct

Inmate
Inmate

will never have 1 million USD
are you serious
I've been saving since 17
at 23 I'm at 150k
It's not hard

Raving_Cute
Raving_Cute

Stop projecting faggot

Snarelure
Snarelure

This was in EUR btw.

SniperWish
SniperWish

I never cried.

VisualMaster
VisualMaster

A majority of Veeky Forums will be millionaires one day due to inflation.

Need_TLC
Need_TLC

Bullshit, I already am a millionare, not a dollar millionare but I will be soon, from where I come from I don't ever have to work, I am retired, it is possible.

26 yo, debt free.

2100 sq ft house 3 bed 3 bath with 1/2 acre plot (garden)
2000 sq ft duplex (2 × 1000 sq ft appartements)
1200 sq ft office building with 2000 sq ft parking plot
2800 sq ft commercial building with 5000 sq ft parking plot
Audi A6 (2011)
Stocks & bonds worth $30k (started two years ago)
$20k in cash

About to buy another rental house on 20% LTV.

Lord_Tryzalot
Lord_Tryzalot

Wait till you have a wife/kids and they're wondering why you're trying to explain living in your nsx

Cars depreciate, houses atleast keep up with inflation.

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