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16684544 No.16684544 [Reply] [Original]

Hi all, I cashed out around 1.4MM in crypto around 2017/2018. After taxes I took home about 900k.

In the past (almost) three years, I've spent all the money and only have 5k in my checking account now. I've begun selling shit around my condo to make some money.

A few things-

-I used about 300k to pay off my remaining mortgage, so I own my condo flat out (worth about 1.1MM at the moment)

-I own a rental property that generates about 2k of passive income per month.

-I will inherit a few million in assets. Which is why I was so loose with my money... but also regretting it (sort of) now.

AMA.

>> No.16684559

spent it on what

>> No.16684561

redpill me on why normies spend cash like it's burning their pockets when they have enough to live rich on interest alone and could ascend to wealthy through compound interest alone
do you have jewish genes? unironically

>> No.16684563

Dear diary...

>> No.16684567

>>16684544
How did you manage to make that much how much did you invest when did you start?

>> No.16684568

Fake larp and gay

>> No.16684577

/brainlet/ general

>> No.16684580

At least try to be less obvious

>> No.16684724

>>16684544
Has your wealth made you a happier person, if so, in what ways?

>> No.16684804

you got lucky in crypto and have a sugardaddy

kys

>> No.16685088

>>16684544
Why are you so fake and gay?

>> No.16685163

>>16684544
craig wright is the founder of craigslist btw

>> No.16685236

some people deserve to be poor

>> No.16685426

>>16684544
Sell your condo and live in a cheaper place. Use the extra cash on income stocks.

>> No.16685446

1.1mm condo. Tbh shows money doesn't buy iq. You fkin retard sell that pos and buy a half mil dollar mansion in the Midwest.
>pay more to
>have less/no land
>live closer to ethnics
>have less nature around you
Fkin retard.

>> No.16685484

>>16684559
Traveling, restaurants, girlfriends, pornstars, art, watches, clothes, and just doing whatever I want in general.

I don't do drugs, but I have done bombass coke with famous porn stars while getting my dick sucked.

>>16684561
I wouldn't have spent the money like I did if I didn't have inheritance coming.

I'm 31. I basically got all my hedonism out of the way and can now live a fulfilling life of dignity and morality. I basically don't crave anything anymore because I've had it all. I think that was worth the price I paid.

>>16684567
invested 80k initially, Feb 2017

>>16684724
Like I said above, doing literally whatever I wanted for 3 years was pretty amazing. I have no cravings anymore. I seek out intellectual pursuits, and I look at women much differently now. I'm happier doing what I did.

If I was a drug user or alcoholic, I'm sure the money would have destroyed me though.

>>16685236
Are you talking to me? I own a condo that's worth over a million as well as a rental property.

>> No.16685528
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16685528

Dear God,

I will live a life of dignity and morality provided you give me 600k to spend on discovering the shortcomings and pitfalls of a life of sin and indulgence.

Sincerely,
Anonymous

>> No.16685562

>>16684544
>-I own a rental property that generates about 2k of passive income per month.
did you pay theit in cash or with mortage+banc loan?

>> No.16685565

>>16685484
How do you look at women now

What coins were good to you and what are you buying now

How did the taxing go

>> No.16685586

Any crypto catch your eye at the moment?

>> No.16685588

>>16685562
my parents bought me a condo in LA when I went to college which I rent out. I'm in Seattle now where I own my main place.

>>16685565
I'm looking for more intelligent women, even if they're not as "hot" as younger girls or porn stars. I've begun to realize the value of a down to earth, smart woman.

>> No.16685592

>>16685565
>>16685586
I sold all my crypto to fund my last hurrah of a trip, don't own anymore

>> No.16685611

>>16684544
https://youtu.be/4OLzi7axbws?t=7

>> No.16685860

>>16685611
Fun game

>> No.16685879

What are your plans for the future?

>> No.16685886

>>16685879
Find a wife, start a company which revolves around my hobby.

>> No.16685898

>>16685879
I know this whole anti-degeneracy thing is sort of a meme with alt-right retards, but it's real. Once you've devolved into sinful living you realize the error of it's ways. It's a path to nowhere.

I think that many old people never got to "live it up", and they think that in their middle-late age that they can still fuck young girls.

Young girls won't want to fuck older guys, it's just not biologically what they want. Then the old guys flip out and realize they wasted their youth pursuing money and when they're old they cant even enjoy the money.

Living morally fixes that, I think

>> No.16686195

>>16685484
>got all my hedonism out of the way and can now live a fulfilling life of dignity and morality
Imagine being so hypocrite.
Let me guess now when you will look at the nigger on the street doin' crack you will say ''pff...degenerate nigger''

>> No.16686209

>>16685484
which pornstars did you fuck? story time please

>> No.16686225

>>16686209
This. What is it like to fuck them. How did you go about it?

>> No.16686229
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16686229

>>16685528
fucking lmao, apparently god's taking prodigal son applications

>> No.16686242

>>16685898
Chicks dig older guys. Stop acting like you figured life out.
You're a spoiled brainlet who fucked up royally and now thinks he's zig ziglar. You're going to fuck up again.
no one gives a fuck what you think. Kys

>> No.16686246

>>16684544
>AMA.
How bored are you exactly, that you took the time to write a lazy ass larp like this?

>> No.16686260

>>16684544
>make a high return on investment
>invest in shitty negative/low cash flow meme real estate after watching retards like graham stephans
>now broke and forced to pay taxes and maintenance on shitty condo while hoping to get free inheritance money to save his ass from losing it all

Why did you take a good investment and go full retard squandering it on boomer box single family investments?
What's it like being a slave to property taxes, renters and your jewish banker overlords?

What's it like throwing away the biggest gift you'll ever have?

>> No.16686323

Congrats acting like a nigger. Never spend the principle.

>> No.16686330

>>16685886
>bankrupt
>wants a wife

Ur a faggot

>> No.16686398

>>16686209
cmon OP
if you don't give us a story, you're a faggot larper

>> No.16686452
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16686452

>>16685886
>find waifu
too late. He spoiled his virgin foreskin with a porn atar

>> No.16686476

>>16684544
Average price paid to fuck a porn star?

>> No.16686480

Honestly nothing out of the ordinary for the type of fucking retards that "invest" in crypto and lottery tickets. Get randomly lucky and squander it all on stupid fucking shit.
I had a fraction of the money you made from your gamble, and I guarantee I am and will be better off.

>> No.16686484

>>16686480
Good luck to you I hope you make it.

>> No.16686488

>>16684544
>I used about 300k to pay off my remaining mortgage, so I own my condo flat out (worth about 1.1MM at the moment)
YOU'RE FINE -- most people don't don't even own SHIT.

>> No.16686491

>>16684544
Make a guide on how to trade cryptos and stocks. With A LOT of details and how to plan a strategy. Put some screen shots of your accounts and shit
Sell it (i'll be your first customer bruh)
Maybe a video on YT

>> No.16686502

>>16686488
>buys at the height of the real estate market
>spent 600k on blow and hookers
>YOURE FINE

>> No.16686570

>>16684561
Spending money when you know more is coming is incredibly easy. It becomes a habit and a second nature very quickly.

Have you ever tried to stop cooming for a week?
Have you ever tried to stop playing halfway through an addictive game?

My respect for wealthy people went up after spending a good amount in a very short time in stupid shit.

>> No.16686590

>>16686502
He paid his mortgage at the very least!! And he's not devoid of drive either. Not to mention if he's here with us oldfags he has enough imagination to make something else shake.
>Pay debts
>Be frugal
>Plan your next move
>Share your thoughts!
>>16686502
He's in a somewhat precarious position, hence his post, however he's not necessarily buried.

>> No.16686620

OP you have a severe lottery winners syndrome.

Don't buy stupid shits when you see some money or you'll never make it.

>> No.16686634

>>16686590
He's paying minimum $20k/year just on prop tax on his main condo. Hoa is at least $700/month. Utilities at least $200/month. Cleaning and maintenance is like $10-15k/year average.

Congrats, he played himself into $40-50k/year burden that must be paid or gets taken away.

>> No.16686653

>>16686634
His $2k/month in rent is probably like $1000/month net as well when its rented. 10-20% vacancy rate is average too.

>> No.16686704

>>16686634
he ought to be able to survive that.
>Cleaning and maintenance is like $10-15k/year average.
wut, I think your numbers are massively inflated btw

>> No.16686777
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16686777

>>16684544
>I managed to waste 200k a year on myself for 3 years with only 1.1MM net-worth to show for it. High time preference. NGMI

>> No.16686797
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16686797

>>16685898
degeneracy isnt wrong. i was similar to you, except i started out with 5 k so didnt have million to cash out.
if it wasnt for me meeting my girlfriend, id be fucking hookers every week. i wanted to fuck my first blonde.

but, im sticking with my girlfriend no matter what. i wouldmt feel right cheating on her.
But displaying degeneracy all is a power play, makes you look strong. For instance, i really hate you right now and hope you get hit by a bus.
but, just saying. Besides, meeting the perfect girl is 1 in a million. i just got lucky

>> No.16686798

>>16686242
Right? Nigga burned money like a dumbass. You could've had that same outlook on life after doing a bag of heroin.

Like bro. I woyldve bought WAAAAAAAAY more property. Life is like a game of Monopoly

>> No.16686824

>>16686798
Should've bought ART PAINTINGS and give it to your kids

BTC/ETH, land, and art

Couldve had your grandkids living great. All you had to do was DRUGS OP. You would've learned the same lessons if you aren't an asshole with an addictive personality.

>> No.16686836

>>16685163
And Bill Gates created the internet

>> No.16686842

>>16686209
OP is a faggot, as per usual.
Probably involved some sodomy or something akin to anal sex.

>> No.16686852

>>16686824
>grand kids living great
not really. unless it was 2 million in stock dividends, OP would make less than 100 k his whole life
people thinking your 1st million is enough to make it are rucking retards. wouldnt be sending your kids to private school on that salary

>> No.16686953

>>16686852
Yeah poor people are just gonna stop having kids

We'll just build more land to accomodate them

>> No.16686956
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16686956

>>16684544

Idiots like you and the various druggies are why I don't admit I made lots of my money in crypto.

Every moron could make life changing money back in 2017.

>> No.16686975

>>16686852
>School
I have no degree and I'm retired. No crypto involved. Your family will remain slaves with that mentality. WARREN BUFFET IS LIVING PROOF ALL YOU HAVE TO DO IS HOLD YOUR BAGS FOR DECADES

>> No.16687155

>>16686704
You should have at least 1% of property value per year saved for repairs and necessary upgrades, insurance, random hoa levies, etc.

Had a buddy buy a condo and the pool on the roof leaked through to the penthouses below it and cost the condo like 15 months and $3m in repairs. During repair, they found out the piping in the whole building was fucked and needed replacement asap. When that happens, condos create an assessment to pay for general repairs not covered by developer (warranty ended a year prior).

Honestly, some ownership of any kind is fucking retarded and should be avoided.

>> No.16687497

>>16684544
Bump

>> No.16687500

>>16684544
chainlink is a scam

>> No.16687517
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16687517

>>16685898

holy shit what a retard

>> No.16687563

>>16684544
Sell the house, all-in the Kleros sale in January. Flip the 10x. Trade with 20% of the gains. Buy another house.

>> No.16688259

>>16685886
What kind of company

>> No.16688288

>>16686209
fucked over 20 (some multiple times) and 4 are on the most viewed for brazzers. Not going to give out names

>>16686476
between 1k to 3k. Average is probably 1.3k

>>16686620
thanks man

>>16686634
the condo I live in is 12k/year prop taxes and HOA is $450/month.

If you spend 10-15k a year on cleaning your apartment you're a retard.

>>16688259
I'm going to start an airbnb experience photography tour

>> No.16688297

>>16685426
I like this comment, anon

>> No.16688302

>>16688297
quality of life is important.

Sure, I could move into some shitty studio in the ghetto and get an extra 3k a month. But so what?

>> No.16688304

>>16684544
I am a similar story except I invested all my shit into lease properties and make a little under 7k USD a month after taxes in passive income.

>> No.16688311

>>16684544
Fucking retard boomer, omg sex and drugs yeah!!!! If I had that money I'd invest it in a home and business and use the rest of that in trading, my aim would've been to increse that wealth even more.

>> No.16689026

>>16688302
You don't have to live in a shitty ghetto.
Just not in a 1.1M dollar condo, larper.

>> No.16689101

>>16684544
Since you’re getting a big inheritance it’s not the end of the world that you fucked around. You have lived more than anyone itt and gotten to do things most haven’t. When people are on their death bed they all say they wish they had just fucking traveled and seen the world and had more experiences. You won’t have those massive existential regrets.
At the same time you are gonna have to come back into the real world and wagecuck with the rest of us until your folks die and you inherit the remaining money. Blow that inheritance and you’re genuinely fucked for life so you better not fuck around at this point. Also you’ll go crazy having to work again, and it might be decades before your parents croaked. Should have set aside half that money into an index fund.

>> No.16689186

>>16688288
>most viewed for brazzers
Wtf is that supposed to mean? What are their pornhub ranks approximately? Brazzers girls are mostly ugly skanks as well.

>> No.16689194

>>16684544
stop larping you little shit

>> No.16689239

>>16684544
What coins did you cash out in 2017?
Is there an afterlife?

>> No.16689241

>>16688288
>Not going to give out names
Dont tell me, "Believe me or don't, I don't care", right?

>> No.16689499

>>16689101
Thanks, that's what I needed to hear

>> No.16689517

>>16684544
“Im going to inherit a few mil”
“My condo is worth 1.1 mil”

>kill the old gaurd

>> No.16689530

>>16686956
what would you do with 15 000 $ wise anon?
(i already have a house and no debt)

>> No.16689570

>>16688311
what kind of business would you invest in anon?

>> No.16689574

How do you fuck the porn stars? Contact their agent or directly?

>> No.16689619

>>16689530
If that was all I had, I go all in on a few stock moves that a friend who works in finance told me about.

>>16689574
Usually you can contact them directly, just don't sound like a complete tool and you'll be ok. For bigger ones usually luxury companions

>> No.16689661

>>16689619
>a few stock moves that a friend who works in finance told me about
such as?

>> No.16689728

>>16689239
Answer my question

>> No.16690607

>>16684544
Bump

>> No.16690616

>falling for the tax meme
lol

>> No.16690652

>>16685484

>I basically don't crave anything anymore because I've had it all.

He had it "all" with 900k what a fucking idiot. Faggot

>> No.16690665

how many e-thots did you fuck?
it's the only real value of money

>> No.16690848

Fuck off larp

>> No.16691226

>>16684544
>owns a condo
AHAHAHAHAHAHAHAHAHA

>> No.16691257

>>16685484
> I basically got all my hedonism out of the way and can now live a fulfilling life of dignity and morality.
... That's not how it works you degenerate

>> No.16691392

>>16684544
whats the coolest place you travled to?

>> No.16691417

>>16684544
You should of bought property to rent out. You a stupid hoe.

>> No.16691466
File: 44 KB, 642x280, Screen Shot 2019-12-29 at 7.38.52 AM.png [View same] [iqdb] [saucenao] [google]
16691466

A ton of still crypto millionares in this room in the pic

mostly trade bonds, and short, but the tide is turning. come join, we discuss central banks role in asset price inflation.

>> No.16691478

>>16688288
>Yeah i fucked tons of porn stars, not gonna tell you who ;)
I’m out.

>> No.16691523

>>16684544
I just want Gina Valentina to puke on my dick, how much will that cost me when I make it and how to I get in touch with her?

>> No.16691574

>>16686260
How should he have invested the money then?

>> No.16691634

I made over 700k, invested 350 on a house i rent, and spent 150 on a sick ass watch (fanatic), and traveling all around europe and asia. clothing was minimal, and I got a surgery that was like 15K

now I have a little over 250k, of which 50k goes to emergencies, and 200k are in super safe investments.

Now, I'm about to start a new company which will set me back 20k, will need a new car in the future which sets me back another 30k

money goes so fast seriously.

spend 1000 dollars 1000 times and you're down 1mil

>> No.16691640

>>16689728
>is there an afterlife
Some form, I think

>>16691392
Depends what you like, but probably somewhere in Asia or one of the Nordic countries

>> No.16691647

>>16691634
Yeah it goes so fast when you spend it on a watch your nog

>> No.16691651

>>16691634
wait you spend 150 on a watch ? jesus christ you must be retarded

>> No.16691655

>>16691634
What watch did you buy.

>.t watchbro

>> No.16691661

>>16691647
i spent 15k on the only watch I'll need, what's the problem?

>> No.16691663

>>16685484
Nigger detected

>> No.16691666

I hope you are a shitty enough person for your parents to realize you dont deserve shit

>> No.16691671

>>16691651
150k on watch and travel. so like 135k on travel (everything it includes)

>>16691655
You'll hate me.

>> No.16691681

>>16691661
Oh I read 150k lol

>> No.16691694

>>16691655
So I thought of getting a Jaeger Reverso, you know, as a watchbro

Then I was inbetween a Daytona or an IWC Pilot.

I saw every watch I could buy, and was about to get a classic AP Royal Oak.

Ended up getting a Hublot on impulse.

Haven't looked back, though.

>> No.16691696

>>16691640
Fucking liar

>> No.16691764

>>16688288
>fucked over 20 (some multiple times) and 4 are on the most viewed for brazzers. Not going to give out names
you disgusting, filthy nigger. What's like to bath in niggers' cum and degeneracy?

>> No.16691777
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16691777

>>16688311
Personally i'd spend everything in old, rares illuminati books and learn more about our real history.

>> No.16691790

>>16691671
Patek perpetual chronograph?
I don't hate. I got more money than you, but I wouldn't spend more than 50k on a watch.

>> No.16691803

>>16691694
JLC is very nice, just not a fan of the Reverso. Daytona is good, Pilot not my style neither is Hublot but congrats.
VC overseas is very nice IMO. Comes with three straps.

>> No.16691809

>>16691777
I like that.

>> No.16691817

>>16691790
Okay. Again cuz im high.

i spent 15k on a watch, and then spent 135k on travel. not 150k on a watch, no way. unless i get filthy.

>> No.16691828

>>16691803
I like the rubber straps. No hassle, no pinch, no weight, no scrape.

>> No.16691852

>>16691828
Yeah its nice to switch the rubber and steel, should look at that next. Best sports chrono on the market IMO. Fuck nautilus or daytonas

>> No.16691853

>>16688288
holy fuck if that's not bait you're as degenerate as it gets

>> No.16692479

>>16691853
Yeah but that's why I'm no longer tempted by it

>> No.16692618

>>16692479
Buy Nerva and do it all over again!

>> No.16692640

>>16688288
fucking pornstars isn't that expensive. if you have an LLC and a camera you can fuck any of them for $500-1000. The newer ones are cheaper too

>> No.16692922

>>16684544
If you spent it to own your property then youre hardly reduced are you?

>> No.16693328

>>16692640
This is a good idea, but I don't really want a public record of me forming a shell corporation to fuck porn stars.

>> No.16693403

>>16688288
>Not going to give out names
Why not? they are prostitutes, they don't care.. unless you don't want to say their names in order to avoid derailing the thread and turn it into a /hc/ rpg thread.
shitty thread anyways, you own a flat and have passive income, enough to maintain a decent living standard without a job.

>> No.16693521

>>16693403
He's not giving out names because he's flat out lying.
>I fucked public figures that are also publicly ranked in the top 20 on a porn site that you could look up and easily pick out names
>but I won't give out names
Who believes any of this? Lmao

>> No.16693577

>>16693521
Why do you want the names so bad?

>> No.16693591

>>16685484
>pornstars

Post stories cuh

>> No.16693731

>>16693577
It's the omission of names of public figures that makes no sense. It would be the same as saying you fucked people in the top 10 ranked actress list on IMDb but you won't say names. OP is a faggot

>> No.16693793

itt : salt and salty niggas looking for ways to call OP poor or a bum, even tjo he stylled on all yall

>> No.16694011

>>16693591
Well it's pretty much what you think.

But better. Way, way fucking better. I only had a bad experience with two, in that they were kind of pissy which sort of ruins the experience.

Most are really fun, you can tell they're psychologically fucked up from some kind of trauma, but fun.

If you're a pervert who grew up watching hardcore fucked up porn since he was a kid, then hiring porn star escorts will not disappoint you.

>> No.16694032
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16694032

Why does /biz/ believe every LARP?

>> No.16694057

If I had a million I'd never have to wagecuck for the rest of my life. Fucking pisses me off the full on retards who inherit a million dollars and piss it away.

>> No.16694109

>>16689661
This fsggot is a leech he wants all the help but doesn’t want to help anons like this one. Stop helping this piece of shit spoiled 1%er scum

>> No.16694137

>This dumbass larp is the most active thread on this board

Your board kind of sucks, biz

>> No.16694172

>>16688288
How do I contact a porn star for fucking them? 1.3k is nothing, there's a few I'd bang.

>> No.16694322

>>16694172
twitter, luxury companions, pamela peaks, eros, etc.