/biz/ - Business & Finance

>>25361149
$1,000,000 is enough for 10 years of modest living. Its not a lot of money.

$17,000,000 is a good target

>>25361185
1mil in div stocks is enough to be set for life if you dont buy bling bling like a woman or nigger

>>25361149
DID SOMEONE SAY
THE GRAPH
OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>>25361185
You can live off 4% returns on 1 000 000USD. Wtf do you need 17 mil for tard

>>25361217
how much would that bring annually?

>>25361149
>The Graph starts at 100k
It's 34 cents right now what is this guy smoking?

>>25361221
Fell for pajeet meme and now holding bags huh?
To all the newfags, when you see people shilling shitcoins like this it's because they got fucked hard and want to dump their bad investment on you.

>>25361247
70k-10k

>>25361247
8% or so and your underlying stocks would rise

>>25361185
t. consumer

>>25361149
Don’t tell anyone but I bought 50,000 bitcoin at .50. I am waiting for 1 billion to cash out so I can pay my mom to take hormones to produce milk and put me in a diaper so I can drink her milk.

PLEASE DONT FUCKING TELL ANYONE

>>25361256
TOP KEK
>>25361265
you need to dilate your asshole harder to learn to take a joke, when you're done, please go back

>>25361256
how is it bleeding this consistently? never seen anything like it. it is like someone punctured it with a screwdriver and it's just leaking at a constant rate until death

I've been a millionaire, ill sell when I hit 10,000,000.

>>25361149
>started in 2013
>is just now a millionaire
he missed several 1000x's holding that much btc and could have 10s of millions by now

>>25361149
>I will sell
Lmao, when coinmania breaks down he will rope.

>>25361149
>the graph
thanks just bought 100k

4% of a million is 40k/yr.

Poverty wages and inflation will eat you alive since you don't have anything to reinvest.

5 million minimum to make it.

>>25361149
Are you the same fucking kraut that shat on my chart?

>>25361221
>>25361256
he means a literal fucking graph you retards
>have you tried using steam.png

>>25361362
or he could have never invested at all
or tried to chase alts and got burned like you probably did
stfu retard

>>25361320
Fuck off nigger I would bet my left testicle I have been here longer than 99.9% of people on all boards.

>>25361497
This.

>>25361217
Not with this rate of inflation it won't. None of you niggers account for the continued devaluation of FEDcoin.

>>25361247
If he went all in on NYMT he'd clear 100k a year. Their divvy is lush as and fuck and they beat earnings during covid. Imagine what theyll do once shit goes back to normal.

>>25361185
Dude imagine the passive income you make off 1M with DeFi. He's set.

>>25361457
>inflation

your underlying assets cover for inflation

>>25361530
>>25361569

>>25361569
Brrrrrrrrrrrrrrrrr > Apples ability to actually utilize their 200 billion cash pile

>>25361510
>bet my left testicle
so you can finally finish the transition?
i hate to be the one to tell you anon but..
you will never be a woman

>>25361569
your mom's underlying assets cover for her inflation

>>25361497
i made 500k off alts in the past 2 years cause im not a retard maxi

>>25361457
Dividence aristocrats with 1 million is 110k a year

>>25361783
Dividend*

>>25361332
It's just returning to its true value after the pnd bonanza last week

>>25361679
good talk

>>25361457
How would you invest your 5 millions to protect yourself from inflation and the crash of our economy and civilization?
The stock market will continue to go up but at some point the dollar inflation will be stronger and push back the stock P/E ratio to the average 15 value which means you become poorer at the end.
There is no guarantee that the stock market would continue to go up after that in our dying western civilization.
You would have to invest in a new market to get high returns.

>>25361265
Yep any time you see an alt coin (aka a shitcoin that isn’t BTC or ETH) mentioned here it’s because the person fell for a meme and wants to offload their bags

>>25361289
Nope look up safe withdrawal rate it’s commonly looked at as 2-4% depending on how conservative you are

>>25361149
>ETH $10 in 2017

>>25361868
$1mil in crypto
$1mil in a house in a tax-free jurisdiction.
$1mil in foreign currencies and metals
$1mil in foreign equities ($500k in the MOEX with 10%+ yields)
$1mil in short weekly options on meme tickers (~20% annualized returns)

so thats $5mil invested, acknowledging inflation, $300k annual income, and potential gains in the long equities positions.

>>25363204
>$1mil in a house in a tax-free jurisdiction.
that's the thing anon, with RE you're entirely at the mercy of the state. it might be tax-free now, you have no clue what the political climate will be in 10 years.

>>25361530
Stocks and dividends go up with inflation.

>>25361149
Bought BTC at 1k and eth at $10 and he’s just now a millionaire after 7 years? No this isn’t the top he’s just god damn retarded

>>25363622
this

especially i dont get why he is selling ETH below ATH

>>25361332
nigger what? Its been at 35c for the past week. The bottom is unironically in
>>25361265
thats exactly what people were saying about link in 2017, 2018, and 2019 kek. Don't call others newfags when its painfully obvious you haven't been here longer than 2020

If you're not clearing minimum $1M a annually after taxes you're poor. Sorry champ.

>>25363533
True and good point. It would be my own fault for being completely oblivious to those changes.

In that case Plan B is to rent in the existing cap-gainz-tax-free country using the $300k income. Maintain freedums and move to where the gainz sustain me.

>>25363726
did you really have to come to this thread to shill GRT, i hold bags but it's boring to actually shill it everywhere mate, loosen up, get a grip, happy fucking new year if you're an euro fag

>>25363808
I wasn't shilling, I was just pointing out the retardedness in the nigger that said its "consistently bleeding" when its been stable for a little bit now. faggot must have been a topbuyer

$1m is the just about the worst amount to cash out.. Too much to not be taxed to death and not enough to figure out how to avoid high taxes.

>>25361149
>be Amerimutt
>hurr durr I made 1 million I'm a millionaire
>pay 400k in taxes
>no longer a millionaire
Such is life for the americlapper

Like how all the retards who have 4 figure portfolios are buying shitcoins in 2017 are chirping OP for "only" having a million in daddy BTC and ETH

>>25361925
Yeah because it assumes your returns are 7-8%, you're supposed to withdraw 2-4% and reinvest the rest so you don't draw down your principal and you don't lose it to inflation.

>>25363910
Capital gains tax is 35% not 40%

How retarded are you guys that you think you can't live your entire life with $1M in your bank account? Average in the US after taxes is about $30k. If you have 1 million you can live an average life for about 30 years. In what fucking world do you live that it's only enough for 10 years? Jesus Christ, piss off.

>>25363958
>average life
ngmi

>>25363958
>30 years
>planning on dying
NGMI
IT'S OVER FOR YOU BRO
JUST END IT

>>25363958
if you go to a third world country like Vietnam you can live like a king. And cum inside tight asian pussies for 30 years

>>25364157
>living near brown people
>having sex with brown people
NGMI

>>25364157
I only have sex with the purest white virgin chicks valued at 1000$ per hour.

>>25363958
are you stupid or something like that

>>25363954
35 fucking %? in Poorland it's 12%
land of the free my ass, I feel bad for you amerimutts

>>25361185
>spening 100k a year is modest living
lol, wtf
How much of a consoomer are you?

we're approaching 130 mm volume, this is almost lower than the coinbase listing volume AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>25364696
fuck wrong thread

>>25361185
I feel like you're overestimating inflation, but I agree that 1 million isn't as much money as the poorfags (nice job outting yourselves, morons) here make it out to be.

>>25361149
Put it all into xrp and you'll have as much money as the rothschilds soon.

>>25363954
I thought it was 20% federal plus 3.4% Obamacare surcharge?

It’s only 15% in moderate brackets and 0% in the lowest brackets.

>I bought BTC at $1000 in 2013
Basically it was like buying BTC at $19k in 2017 and he still made it, you have no excuses /biz/tards.

>>25361185
Just you look at this consoomer

>>25364970

>>25361149
>when they reach $5 million
lmao this retard will lose everything

>>25365239
KEK

>>25361185
Ask me how do I know you are a nigger

>>25364972
>not making 1 million a year
NGMI

>>25361315
Don't worry Anon your secret is safe with me.

>>25361185
you humblebragger fags should choke on fucking poison

>>25363204
> $1mil in a house in a tax-free jurisdiction.

Why the fuck do you need a 1$ mil house.

> $1mil in foreign currencies and metals

Non income producing
Dumb as fuck

> $1mil in foreign equities ($500k in the MOEX with 10%+ yields)

Oh look, we have genius here able to find 10% annual yield

> $1mil in short weekly options on meme tickers (~20% annualized returns)

Oh, even more genius saying he is able to do 20% annualized returns for rest of his life.

Your post is stupid as hell, you know nothing, Mr Buffett

>>25363958
inflation is probably the problem. and you will have unforeseen expenses like home onwership, repair, cars, medical expenses.

no woman will want to get on with an incel who lives on 30k a year. Everyone here just tries to get laid and needs money for that because everyone here is an ugly incel

>>25361185
seconded

>>25364918
99% of this board consists of poorfags and trannies. To them $1 million is unattainable so it must be a lot, enough to live on for the rest of your life. Lmao