/biz/ - Business & Finance

It's a NWO transition phase

$10m is making it. $1m is just financial freedom. Yeah yeah you can say "noo $700k is freedom" stfu I'm using simplified numbers you faggot. Anyway assuming 7% roi with 2% inflation so 5% roi, you get $500k per year. $200k back into investments. You are left with $300k. Your kids have to go to a proper elite schools from a young age where they develop at a more rapid pace compared to some pleb schools. That's about $20k-$50k a year during the 1-12 grades per kid. Then some nice house with mortgage of about $20k a year. Then some nice vacations every year. You'll probably have some leftover money still.

20yo zoomer with 19k LINKs. I just sold 30 LINKs for wireless earbuds, new shoes (because old ones are worn out) and food money. I'm here to fucking make it not just have some "play money" like you OP.

I got $370k in LINK and I'm just 20yo, but I can't really spend that money. I know we are in a middle of a bullrun and then there will be a -60% correction so I gotta focus on that since if I play that fairly right and LINK recovers after correction, I'll actually make it. It feels like this is the last boss. Currently I could sell 10% to live very nice life for a year(in my country), but 10% is quite a lot and I don't think the top is in yet. If I'm gonna sell, I'm gonna sell a bit bigger portion to cover new living expenses of moving out and then to use rest of the money to buy in at the bottom. The money I currently have is very tempting, but ultimately it's not enough. Might go for some €2k vacation though.

palmer johnson is the only answer