/biz/ - Business & Finance

>>14009617
No, but it can help you get there, if you use it and don't blow it in junk.

>>14009617
you define how much fuck you money is enough, one man may live forever on 1 million other will waste it in a day

Nope, not even close
Fuck you money means you can do shit like buy a whole neighbourhood just because you're pissed at your neigbour, or buy a whole business just so you can fire one guy who gave you a shitty service.

>>14009617
You can't even buy an apartment in some places with a paltry amount of cash like that

>>14009642
That is not fuck you money. That is a tier above.
Fuck you money is being able to say NO to wageslaving.

>>14009642
Fuck you money means you're free from the wagecuckery you tart. It means you can call up your boss can say fuck you before you hang up the phone.

>>14009617
Fuck you money is "I can blast a million a year out my ass and not care"

1 million dollars is "mommy wheres my tendies" money

>>14009617
not anymore. I think about 5 million is the threshold for "fuck you" money

Not even close. Fuck you money is 500 million+.

1m-10m is upper middle class and considered well off. 10-50m is rich. 50m-100m is very rich. 100m-250m is wealthy. 250m-500m is very wealthy.

500m-10B is fuck you money. 10B+ you're a god

>>14009665
No you retard. 'Fuck you' money is the financial equivalent of being god.

At minimum 100 billion dollars.

'making it' is being free of wage slavery.

100M+

itt: retards who have no concept of fuck you money
no wonder you are pathetic little cunts who trade crypto

>>14009617
~3m in relatively safe investments that give you ~8% annual returns on average before inflation.

That should enable you live a lower middle class life on part of your gains even if a financial crisis crashes your assets to 1.5m.

>>14009740
salty boomer that didn't make a 500% return in a month

zoomer memeheads above don't know the origin of the "fuck you" part
read >>14009665
to understand.

>>14009617
Easily if you live in the Midwest or somewhere cheaper. i.e. not spending 10k a month on studio apartments in the Bay area.

>>14009642
No. Fuck you money means you can literally tell your boss "fuck you" and not worry about future employment.

>>14009617

3M is.
Look into BITG and DeviantCoin.
https://bitcointalk.org/index.php?topic=2827989.680
https://bitcointalk.org/index.php?topic=4555585

>>14009617
Honestly with 1M? No
Unless you're a minimalist who lives in a shithole and lucky no way you can make it
Perhaps with 1,5M if you don't mind going all in on index and again you're lucky
2M is the ideal Fuck You money

>>14009617
move to a third world country
>fuck you money.exe

>>14009617
If you live frugal, yes.

>>14009617
Depends on who ya wanna say fuck you to. If you know how to trade properly, 1mill can turn into various magnitudes of fuck you money.

>>14009617
20k+ LINK is fuck you money, plan accordingly.

>>14009617
correct me if im wrong here.

But 1 mill is enough to buy up many houses in rubbish parts of town. In the UK there is a housing shortage, meaning you would have no problem filling these houses. If people are poor then the gov will likely pay you directly, so no messing around with rent, otherwise you evict those fuckers straight up, just be sure you consult a good lawyer to do so.

So say you own 6 houses outright, 600k gone, you then approach the bank and say, 'hey, I have these tangible assets, would you like to lend me, say 300k, to buy x3 more houses that I will look to rent out, it will cover any repayments with ease'.

Each of these houses can be held in an offshore company, to reduce the tax paid on the income.

so you have an income say of 550 per house, per month, thats 4950, minus say 10% income tax 495 pm, and you pay 2k repayment (12 yr repayment) on the loan, thats 2455 cash money in your pocket every month. When the loan matures, you rinse and repeat, instead you borrow for x4 houses etc.

next, there are such things as franchises, going concerns or even having things like a taxi firm. drop 100k into something like this, Maccy's buy in is around that as I understand it. I know taxi firms can net about 14k per month after operational costs, also having the vehicles is even more tangible assets you can lend against, to build your business. You invest in say a taxi firm and a going concern, 200k gone, 200k remaining.

You wouldnt necessarily need to live in the coutry where your business operates, even if you are technically 'domiciled' there, so most the time you could be chilling somewhere nice, Thailand, Northern italy, Croatia, where the cost of living is pretty low, and you can buy property for pennies. So you go rural, buy a house for say the remaining 200k, you have guaranteed income from property, and two businesses. Be patient, any excess money stick into some valid stock, and try and keep it out of fiat.

>>14009617

you could say fuck you to the McDonald manager at least

>>14000000

Lol, not even close.

However if you play it right it can get you there.

"the first million is the hardest"

>>14009729
kek then i'va already made it. i though making it is having fuck you money. which isn't 100 billion by the way, 100 mil would be enough

>>14011095
What would actually happen is that the UK goverment would put sandniggers and other shitskins in your house, they will trash the place and you will be broke again.

Some fun viewing material to whoever thinks that being a landlord is some type of a ticket to freedom:

https://www.youtube.com/watch?v=LA5xi_Mz7Qg

>>14012046
>Some fun viewing material to whoever thinks that being a landlord is some type of a ticket to freedom:


I live off my rental houses but I live in a good town and only let to students, mostly white ones. No trouble yet, worse "damage" is they don't clean their rooms when they move out, so I have to vacuum and stuff.

Free money.

>>14012046
>if people are poor, the gov will....

you neglected to notice my statement showing there are always options. You clearly vet the individuals dummy.

Also, if the house is basic , then the cost of any repairs will be minimal, you dont let it have a fancy oven in, fancy kitchen, just white wash it with a lick of paint. You also have deposits for a reason dummy.

Further, it does not change the fact that you have tangible assets that you can use to lend against, should you wish to pursue other business ideas.

this youtube video is showing isolated cases, typically its the other way round in the UK where you have rogue landlords that rent out horrendously inadequate houses that are mouldy and falling apart. do your research boyo.

>>14012983
this, but this could be worse than the sandniggers, you have these kids treat the houses worse than what sandniggers do, like I had friends in uni that were chucking throwing knives through the walls, another smashed a hole through a wall with his bed whilst fucking a chick.

You also generally have to provide furnishings for student lets, but its wiser to go for post-grads that arent gonna trash the place.

>>14009729

100 bill seems like a lot. But the definitions of "fuck you money" and "making it" are spot on.

>>14013099
>this, but this could be worse than the sandniggers, you have these kids treat the houses worse than what sandniggers do, like I had friends in uni that were chucking throwing knives through the walls, another smashed a hole through a wall with his bed whilst fucking a chick.
>You also generally have to provide furnishings for student lets, but its wiser to go for post-grads that arent gonna trash the place.
Never been a problem around here. I've had them for a few years, yes there are some repair expenses but that's built into the whole affair and no big deal.

>>14009729
>>14009726
"fuck you" money implies being able to say the words to anyone who wants to compel you to live your life a certain way (generally, a wageslave boss)
it doesn't mean yelling "fuck you" to the world through pointless consumerism, you sociopathic autists

>>14013325
thats cool man, also an additional thing to bring to the table if your into property is airbnb, especially if you have property in any major city.

Stupidly, with things like the champions league final, or cities that have big culture(I mean lots of live music playing all the time) you can seriously rack up the pricings during these times.

I worked in Cardiff for abit, I had a friend rent a room out, 1 room, to a father and son that came to watch the champo final for £2500.

Other places to consider doing this is where there is no off-peak season for tourism, (amsterdam, prague etc.)