/biz/ - Business & Finance

85 minus current age times $100k

>>29582762
2,000,000
t. not a greedy animal

I am personally aiming for 10m

>>29582762
I have 1 mil in crypto, still feel like a poor man

>>29582762

A million for me...after taxes

I can all my expenses with half of it and literally just use 100k and sell covered calls for income amd generate 9 or 10k a month

1.2m

>>29582762
probably 2-3 million to cover the rest of my life
need an extra million for my family/friends though

>>29582869
Actually pretty reasonable

>>29582762
When my girl takes off my chastity cock cage.

>>29582762
200k in my country

>>29583147
What's the best resource for covered call strategy? How risky is this as compared to conventional options trading?

>>29583147
What stocks would you be selling calls on?

>>29582762
500k would allow me to live pretty fucking comfy. I'm in the UK and shits cheap here really.

10 million holo / HOT tokens will be enough for me

>>29582762
unironically? 150k in your hands + a house you own. Then you've made it in this clown world. However none of you zoomers will reach this goal as you're fooled by baby boomer's giant exit scam aka unlimited money printing.

>>29583046

This. 1 million is not that much in 2021 2 mill is the new 1 mill

>>29583046

Enjoy being poor again in 2 years thanks to inflation. This isn't greed, it's survival of the fittest. Making it is being able to exist outside of social credits and vaccine passport society.

>>29583720
nice but you're never gonna get rich sorry lol also you don't have to be rich to opt out you have to be not retarded

How exactly do you fags intend to live off the money? Like making 1 million be enough for the rest of your life? rent, food, fun etc?

>>29582762
When you can afford to pay a nice house without mortgage and have a little bit more to place for reasonnable passive income . So it depends where you live. I have a cool job so i m not one of those "i need 10millions to do nothing all day".

>>29583358
>>29583374


Honestly just google.

Use a screener like bar chart to dind high preimum 2 weeks out...set your strike 15% higher...very little risk 2 weeks out.


Covered calls can yield a safe 10% return every month. Your account still grows because sometimes they get assigned.

Again extremely low risk 2 weeks put. If stock goes down and you still have shares just sell more covered calls

>>29582762
Like 2-3 million after taxes.

1,000,000 liquid cash

I could make moves in property to make that generate £200k a year of income and at that point I’m done wage cucking

>>29582762
You guys are fucking dumb. Lets say you have 1million. What now? You just use the money for consuming? No. You would probably buy assets that generate more money like real estate, stocks etc.

Also why would you ever quit crypto? Just buy bitcoin again in the bear market with 10% of your networth and you will make another million in 2025.

I think 1 million is probably enough, if you invest and let the money work for you.

>>29583995
how?

>>29583720
Get 1-2million now with a house paid off, and live off of a modest passive income of 50k whole reinvesting the rest.
If you aren’t some coastal elite idiot obsessed with spending 10 million dollars on a house that will be devalued by section 8 during your life time this is more than feasible.

>>29583889
South Dakota

>>29583894
Screencapped for future strategy, thanks anon

I hope you guys making sure to calculate in %50 inflation per year

>>29583878
If you have 1 million in cash you can just use divy stocks as passive income forever and just reinvest whatever you don’t spend

>>29582762
$100m

>>29582762
1k USD
My village is only given 50 Indian rupees a month and to have 1k USD would save us. Pls sirs any generous

>>29582869
So at 25 you've 'made it' if you have $6MM, but at 65 you've 'made it' if you only have $2MM?

You formula need revisiting.

Imagine thinking there is an upper bound called "enough". It's never enough.

NGMI

>>29584292
also this, most of us will be poor even if we make millions because hyperinflation is coming soon

>>29583098
because you still are. Until you sell, you have literally nothing.

>>29584537
Thats because when youre old you will die soon anyway. But if youre young you will still need a lot of money for your future life.

>>29584291

Glad i could help. You can generate way higher returns by pushing dates further out for even higher premium..make as much as 30% on your 100k but i wouldnt want to hold shit more than 2 weeks if the market whipsaws in the wrong direction

250k euros

>>29584555
checked.

1m EUR

Enough to have more than 1500eur a month, slightly above average income here. I don't give a fuck about anything else, just living and having my time to enjoy life, doing a trip a year maybe

>>29582762
1m USD will do in my country
I'll be a part-time wageslave, full-time cryptotrading
With that money I can own a small house and wide lot in a province
I don't need much in life, I just want to live the urban life and become hermit

1M USD is enough where I live

My goal is $10m, have 3m now and still live with my parents.

At least 2 million to prevent a life of wage slavery. You can easily be picky and choosy about your job and be comfortable knowing that you could lose your job and not need to fret about it. Can also freely live just about anywhere and pack your bags and move if your location doesn't suit your needs. Income is supplemented greatly with passive income. You could be a school teacher but have a life style comparable to a well paid professional.

5 million to live extremely well. You haven't a real need for a job, but may run a small business to pass the time. You take a lot of care managing your wealth, it's like a second job. Lives like a highly paid professional without trying.

10 million to live like a king. This and beyond affords you the rich lifestyle. You mostly spend your time managing your wealth and doing whatever you so please. Begins using the seasons as verbs. Owns several stupid cars. Starts really silly hobbies as has nothing better to do. May begin to feel disconnected with average people as lifestyles and concerns are now so divergent.

>>29582762
1MM - 3 MM minimum
10MM - 30MM over the next years

100k would be enough for this time around.

All these dreamers here talking about 1mill minimum to make it

>>29583338
>>29583384
>>29583627
>>29584716
Based (?) fellow actually achievable goal setters

I've reached this thank to LINK, I cashed out 75% of my crypto and now have 300k GBP in my bank account. But WTF to do now? Buy a house? But where? Everything is WFH now and in the foreseeable future. Just put it all in a Vanguard fund then?

>>29582762
Waiting until link hits at least 200-250. That'll give me 40mil. At which point I'll sell a little, but holding most until the network matures. if I don't hit 9 figures I'll be disappointed

>>29582762
15 mil at least.

>>29582762
Realistically a couple hundred grand. I can invest that throughout my life to become filthy rich, but everyone on this board is multimillionaires so what do I know?

>>29585409
buy a house. but in a rural area. price fluctuation should not matter, get property before you're priced out. our house worth doubled in not even 10 years.

>>29585409
You find the next chainlink so you don't have to wage the rest of your life.

>>29583046
This 2,000,000 is enough to pay off a modest home mortgage and still have 1.5 million to invest and multiply. 1 million is a great base to build upon. 2 million can turn into 5 million quickly

>>29582762

>Paid off house 500k
>A car 100k
>2-3 Mil in dividend stocks/staking for an annual 6 fig passive income
>1 mil trading acc

about 5 mil I'd say

>>29585409
Imagine being dumb enough to cash out. Enjoy your CGT..

>>29582762
$100k and I'm set for life

>>29582762
10 million at least

>>29583589
>only a 270k hotlet
how do I cope anon?

>>29584980
proof or larp

Around 100 millions.
The problem is that I don't want to cash out my Link stack.
I hope I will be able to get loans in the future without having to sell my stack with a low interest.

>>29585430
>02/24/21(Wed)13:33:31
Me likey palindromes
>15 mil at least
Lul. I could go with 750k. $150k for a house on 10 acres innawoods, $500k earning a steady 7% somewhere, 100k in higher risk investments. I'm a simple man.

>>29583720
This. Sheeple on this board don't realize what's coming. You're safe as long as you don't cash out.

>>29582762
Enough to live off interest for the rest of my life, should only take about 2 mil

£2.5m after tax would be enough for me to stop wageslaving and be able to only do whatever work or hobbies I felt like. I hate having to work. Half a million on a nice house somewhere far away from London, probably in Yorkshire or Lancashire, and the rest to live off.

>>29585630
Dumb enough to cash out? CGT already accounted for when I say 300k. I got in at the ICO so basically turned £600 into £300k so I don't think I should be ashamed of cashing most of it out and keeping 1000 linkies just to see what it'll do. You say I'm dumb but how much did you manage to cash out besides in your dreams?

>>29585584
Yeah I don't think I'm smart enough to do that, trying to do another of these 350x would be closer to gambling so better to HODL some of the most popular coins I think.

>>29585562
But what if in 1 year everyone has to go back to office for work and im stuck in some rural bongland rainy shithole?

I wish I was smart enough to go from 20k to make it territory

$3 million USD

Enough to Buy a Tesla, a house, gadgets, put 50% into a S&P Tracker , World Tracker , Tech Stock and Bitcoin keeep the rest in cash

Never work again. Anything else is just greedy asf

>>29582762
MORE

>>29585911
I'm flattered that I'm considered a larp now.

>>29582762
right now probably in the 50-100K range just so i can live freely for a couple of years and perfect the skills that will eventually make me money for doing something productive in the world

>>29582762
At least 1 billion.

3m
The perfect amount to never work again.

>>29582762
If I kept up my current lifestyle, the amount of money I would need to be comfy is so small that rich people would laugh at me. It'd be pocket change to them, but they still would give it to me.

>>29584640
I can already live off interest if I want to, maybe not selling is not a meme after all

>>29587354
*would not give

>>29582762
420,691,488

your goal should to be solidly inside the ultra-high-networth range. putting you in the top 500k people in the world for wealth. probably completely unattainable this late into the crypto boom, but for those that have been here a while it's entirely possible, if you're not already there.

>>29582762
I'd be perfectly fine with 2 million.

I've already got a job that nets me over a grand per pay check,has health,dental,eye insurance and is easy as all fuck plus only has me working 3 days or 4 days a week. With that much i'd be able to get a decent house,buy some hookers whenever I want to, a roughly 100k-ish luxury car and some little trinkets and i'd still have enough left over.

>>29585606
>car
>100k
what the fuck anon?

>>29582762
A million USD. I'm a third-worlder and this is beyond what my parents ever dreamed was possible.

6.9000,000

>>29582762
5M of my currency wich is about 1M dollarydoos

>>29586207
how did you manage tax? also living in a small town is great, at least in my region.

>>29586580
Are you a neet?
>tfw the neet internet-money meme became reality

>>29582762

100k
I dont mind waging while being able to enjoy my life

>>29586580
you haven't made it until nobody believes your net works

>>29586207
Good for you anon, happy for you bro

>>29585911
I talk to people on /biz/ who have millions to throw into leveraged etf's. It's not unbelievable for him to have a few million.

>>29588863
shoo shoo gipsy

I’ll be happy with £1m disposable cash. I love my job so yea.... I love being a wagie cuck I guess

2 million
>Stake 1 million and make 100K a year no matter what I do with my time
>The rest for buying property, active investing, and doing shit I want to do like living out of an RV

>>29584654
this

>>29582762
Made 10k this bullrun, will cash out in about a week to buy coke and liqour for all of it, and end it all when I run out. thanks for the ride frens

>>29582762
I think $1mil USD would make me feel like I've hit the next level up.
I wouldn't be done investing, and I'd still have to work but I work but I could go stock shelves at Whole Foods at that point, it wouldn't matter. I would only need one more bitcoin halving cycle bull run to be done for good.
Bros, if you can get yourself $1mil cash to invest by the next halving event, so basically what, 5 years away? You will have $10mil and you will be set. You can live off dividends at that point.

>>29589734
15k is my "made it"

>>29583720
Pretty much. It's already the case now, but in a few years it will be much more obvious that there are only 2 classes of people anymore: rich and not rich. Everyone in the latter is probably in for a pretty shitty time.

>>29588873
Which region do you live? Great to hear that you like it, isn't it difficult to get a job in such a region? (STEM field) I didn't officially manage CGT
yet, but used an online calculator to get a rough estimate and will probably use Koinly to get the exact number. I believe I have until 31 december 2021 to get it all sorted.

>>29589207
Thanks anon!

12 million with reliable, unfuckable income
shit is getting bad.. everything is crazy expensive
I'm doing better than ever financially, and I made fast gains blowing my little 5 year plan out of the water, but here I am looking at my account knowing it will all be gone with one hospital bill or a couple of home repairs. It's fucking crazy. I used to think 100k was a lot of money. I used to think being a millionaire was out of the question. I now realize if I only hit a mere 7 figures, I'll be lucky not to be homeless

>>29586308
>tesla
Anon why do you want to drive an iphone?

>>29582869
noice

>>29584537
yes

>>29583720
This is why I'm only cashing out the bare minimum to invest in property inna woods. This is the last chance for us all.
>>29589734
Bretty good crackhead larp.

>>29588066
>$1k per payday
>$500/week
Anon, what? Construction workers make more than this

>>29584537
Yes, you absolute idiot

>>29590110
Taking a nap while commuting is the comfiest reason I can think of.
>>29590286
Based boomer chad. Not thinking about having kids?

>>29582869
i like it

Got 3.38 million in crypto, 1.4 in my portfolio.

I'll make it when I've got 10 million.

>>29584116
The Trinity study says you can only spend about 4% per year if you have all your money invested in stocks if you expect a 30 year retirement.

>>29590368
I don't think I'll find a woman that'll want my kids lmao. I'll just use my gains to overdose on heroin in 4 years, Kurt Cobain style

>>29590521
Why do you got doge sir

>>29582762
10 mil

At the very least 50M€ after taxes in ky bank account.

t. got 2.5k right now

I think 2-10 million would allow me to create time for the things I really want to do in life. I want to learn guitar and stuff.

>>29582762
5mil

2 mil into a good house
3 mil to survive rest of life

>>29591116
When it dumped, I bought 69,420 of it as a good luck charm. The sex number and the weed number are clearly powerful numbers that grant raw divine energy.

>>29591035
If you're thinking about killing yourself ("you're just a clump of cells, lmao"), why don't you just run with the mentality that you're already dead? After all, the result is all that matters, no? This way, you just set your mind on a goal, no matter how unattainable it seems, and that way you're not afraid of losing, if you're already dead in the future. This is what I've been running with.

>>29590270
It's more like 1.4k per pay day but eh
And a construction worker works way harder so I don't really care. It's not a job I had to waste time in school sweating over deadlines for to learn how to sweat over more deadlines so i'm content with it.

>>29582762
500k would be enough for me

>>29591514
>2 mil into a good house

wrong
>600k for house near parents
>1.4m for land and cabin up north

>>29592126
absolutamente basado y rojopildoreado