/biz/ - Business & Finance

>>52796170
bump

>>52796170
I’m in a similar spot. $850k in savings making 2k a month with savings account interest now.

But not enough to be free permanently. Not sure what to do. Just be chillin until $800 ETH.

>>52796170
I actually ended up getting into forex and buying/selling crypto all day. Bought a comfy home in a tiny village that nobody has heard of in my state and moved there and sit on top of a hill in a forest investing my life away. I have a job but its a low tier one stocking shelves at the local hardware store in the nearby hamlet. I think you can do it just make sure you have plenty of passive income coming in and you're able to weather a financial storm. also watch how you live and keep costs down no matter how fun it seems to sperg on unndeed items and goods.

Just want to say wholesome frens in this thread
everyone here will be blessed

>>52796688
Double Dubs confirmed

>>52796699
DUBBA DUBBA DUBS DUBBA CONFIRMED

>>52796170
easily if you put in in the right dividend etfs/reits and move to SEA/eastern europe/south america.

>>52796688
>>52796699
glorious

>>52796170
what are your expenses? do you have a place to live for free?

>>52796790
dont own a house, 0 debt, got a car. that's about it

>>52796688
>>52796699
Thanks blessed bros, hoping for a little blessing myself desu

>>52796891
you got some advice anon. What do you want to be doing with your time and would you work an easier job for less money if you had more free time with the funds you had? work with us and tell us more

I dunno OP, it's doable if you want to really scrape by. I would try to find something that has around a comfy 8-10% return and keep working for just a few more years, even if it's working just enough to sustain your current lifestyle.
2 years from now you should have another 100k on top of that. Maybe a little extra if you managed to save some more cash or find a decent investment.

The other option is moving to a third world shithole.

>>52796170
500k invested into EGLD will give you 3885 dollars a month if you stake it.

Easily can live on that.

>>52796688
Blessed and based doubled dubs

>>52796170
Buy rental properties and pay a management company

>>52796170
you can live comfortably in a small log cabin on a piece of fertile land, though it would not be easy

>>52796688
Based blesser

>>52796170
>i just can't stand going back into the wagecage.

>>52796396
>not enough to be free permanently.

Why do you people have such a problem with working AT ALL? I don't mean like a typical 40+ hour per week job (because that is slavery), but is there nothing in between fucking full time work and 0 work?

Like how is it not possible to supplement what you already have by working a couple hours a day or something. 10 hours a week. Doing SOMETHING to make money so you aren't entirely dependent on your savings.

>>52796688
>>52796688
Dangerously based and blessed

>>52797428
I work 20-30hrs a week at the local hardware and its great to get out of the house and socialize a bit with the locals and I like that it keeps me busy and bringing in extra income. I dont get OP's mindset on never working at all but he's also being super ultra selective to what he replies to.

>>52796170
I have about 80 grand saved up, my life's over. I'm all done.

>>52796688
There was only 3 posters in this shill thread before you fucking faggot. I wonder what scam these guys are trying to pull off?

>>52796688
Ugh, I'll respond

>>52797480
none I came here to post my experiences to OP. not sure what scam you're trying to pull with your bad vibes and trolling outside of /b/.

>>52797542
I wasn't talking to you or you forgot to change IDs not 100% sure either way /biz/ isn't going to fall for your scam

>>52796170
You can slum it up if you invest that in a dividend fund and move to a very low cost of living area. You might have to move countries too

>>52796396
>>52796464
>>52796688
thanks frens

>>52797016
i want to just play vidya all day, go to gym, and spoil my cat. I don't care for fancy things

>>52797428
I do work. I'd much rather have the luxury of doing whatever I want though, which is why I'm asking. Doesn't necessarily mean I'll quit, just exploring options

im starting to think you're all AI chat bots

>>52796170
Dude put 100k into link… 100k into gold… and you’ll be fine

>>52797612
Don’t follow this guys advice. Putting your shit into an index fund is a great way to get your shit nuked since we are in the bubble of all bubbles

In eastern EU eg. Poland u would be set for life. Big house, and leftover money for bills the rest of your life probably. The best u can do is to move there to live comfy life.

>>52796170
Really tho… put 100k into gold. In fact… if you have no aspirations and want to just nut around… if I were you I’d put 250k into gold.

>>52797444
Trips confirms your sentiments

>>52797649
Also I forgot to mention, if u invest in housing here u can buy few small flats and rent it to people. And u will grow passive income as well, so u will have constant flow of money for anything u want month by month. Is that easy.

>>52797619
Well you can live off very little a year. at one point my lowest financially I made it work off $15k in the year. It was poor AF and I had to sell some stuff but I made it work. So 500k should help you take some time off. Again I strongly suggest >>52796464 and some of the other advice. If you feel like it down the road going back to work even 20-30hrs a week isnt bad once you get bored of sitting home. However since you wanna play video games you have a long amount of hours ahead of you of games to play. How bout just take some time off for now?

>>52797672
maybe I'll try taking some time off and go from there. Thanks for all the advices frens. hope all of you make it

>>52796688
unironically thanks

>>52796688
Checked those digits look incredible just like you fren.

>>52798066
Thanks anon you have a good night and glad this helped a bit.

>>52796688
stay blessed fren

>>52796170
Put in blue chips and some low caps

>>52799084
I can trust that advice to be sound. I'm actually investing in blue-chip alts like Eth, Matic, and Dot. I'll continue to increase my xpress and hps portfolio as I don't like missing low caps either.

>>52796170
Just make sure you own your home

oh boy if you only you knew me personally (portuguese) you could keep most of those 500k

>>52796688
Thank you anon. May you be blessed too.

>>52799360
Low caps are also good choice

>>52799430
Scammer

>>52799515
As long as it develops consistently and won't simply vanish in the light, I'll go for it. I'm utilizing that as one effective tactic, atleast it's working on my end.
>>52799582
Wtf are you talking?

>>52797428
>>52797428
I work in the VFX industry so you can either end up with 40 hour weeks (rare) or insane literal 20 hour days, 7 days a week randomly. It's completely freelance meaning you'll be on a job for a month and then off the job for a couple weeks. This gives me time to think. If this industry wasn't so horrific for quality of life I would stay and ride it out, but in this specific situation very much in need of zee crypto life raft, badly.

https://youtu.be/eALwDyS7rB0

>>52796688
>>52796699
It is so

>>52796688
Thanks, you too

>>52796170
if you buy btc with all that you'll have 5M in 2023. screencap this

>>52799819
Any basis?

>>52799084
Alchemy Pay, Utrust and Bitpay are some of the blue chips you shouldn't overlook

>>52796464
God damn i wanna move to hilly/mountainous region. That sounds peak comgy. How nice is your house anon

>>52797318
Do you mean metastaking or metabonding? I'm currently metastaking utk and lkmex on Maiar DEX

>>52796170
yeah you can, especially if your job doesnt pay much and/or you think it would be easy to get a similar paying job if things didnt work out.

I quit my day job when I got to roughly that amount but only because it was fairly disposable in terms of its pay. I wouldn't quit a good career with only 500k saved unless you are extremely autistically obsessed with investing/trading and know you will be successful and want to do it forever

You can make it with that amount anon. btc and bit.

>>52796688
>>52796699
holy based

>>52801113
Based foglet

>>52796170
Invest half of it on Maiar DEX and earn passively. 35% APY from the onchain staking of Utrust ain't bad

>>52797428
Because it's all a LARP. These are underage kids living with their parents and investing their $20 a week from doing chores.

>>52796170
You're within a few transactions of making it. I'd buy t bills, keep working, & start entering the market again if there's another big leg down. Most in BTC/ETH and some in one or two alts like AVAX. Don't waste it if you can pay for expenses by working for a bit more.

Set an ultimate goal number, and a number you begin to DCA out. Don't get into a position where you want to kys from making it but hold on for even more and it dumps.

Don't bother with low cap shit, you're looking for a 6-10x. At 5 mil, you'd get 200k a year with 4% t bills, or 300k a year if you invest in some funds and average 6% a year.

>>52796688
thanks man, I needed it

t. have over 60k in debt cuz of a lawsuit

I had 800k too but lost 600k of that on ftx

now i only have 200k and i feel like youre much richer than me even though i technically have the same amount

cherish it

>>52796170
It depends entirely how you want to live, what responsibilities you have, etc.
I took a year off 3 years ago to go to south east asia, it cost about 15k for the entire year living a good life in a simple modern apartment with good food and some activities here and there.
Techniquely you could live that life for 30+ years with what you have.

On the other hand, I have a friend couple of mine who make a combine salary of 275k. They own a big ass mansion, have 3 kids, and like 4 cars.
They told me that with their lifestyle, the house, car payments, the kids, and all their other expenses that they have trouble saving more than 10k per year.
So yeah, are you willing to go vagabond? Do you want a mcmansion and 6 jetskis? Do you have a family? We can't give you an answer unless you make your goals clear.