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/biz/ - Business & Finance

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12499480 No.12499480 [Reply] [Original]

I have a 140k in the bank, what do I need to do in order to be a millionaire?

>> No.12499492

make 860 grand more OP
easy peasy

>> No.12499505

70k in BTC which gets you about 20 BTC

Sell at 100k

>> No.12499506

Buy link. Then wait a few years.

>> No.12499507

I’ll give you a hint: it rhymes with BrainThink and it provides a service that rhymes with FreePentralized Whoracles

>> No.12499510

All in Link.

>> No.12499520

>>12499480
go on bizbuysell
down payment on a business that you can afford near you
cut costs, improve quality, expand services
add locations
soon you are million air

>> No.12499523

>>12499505
>>12499506
>>12499507
>>12499510
Do this OP!!! Please buy our bags already

>> No.12499529

>>12499523
None of us are selling faggot

>> No.12499539

>>12499480
I have ~$365k. Just gonna save more of my income and wait for my investments to do the hard work

>> No.12499554

>>12499520
interesting website, thanks for that
>>12499505
hmmmm not bad either
>>12499539
did u get that from crypto?

>> No.12499578

>>12499520
Oh man wth on this website. I just went on and looked at businesses in my area. For the price of a new car I could buy my own business. Interesting. Most of them probably aren't even worth what they're asking though.

>> No.12499600

>>12499554
Only ~20k is from crypto. Most is from the housing market which has increased a lot in my country. Also im saving a lot of money which goes into my stock portfolio

>> No.12499608

>>12499480
$70k in dividend stocks and $70k into a couple rental properties. Use dividends to cover your mortgage/repairs when needed and funnel all rent monies back into the brokerage. Keep the wealth engine going and expand with a new property once you double the size of your brokerage. You’ll be a millionaire inside of 10 years.

>> No.12499675

>>12499608
I know it depends on the yield of each stock, but what kind of money on average can you expect to get from 70k in dividend stocks? This sounds like a good idea

>> No.12499696

>>12499675
$3-4k, which is more than enough to float a mortgage for a few months while you get a tenant in there or pay for a big repair.

>> No.12499717

>>12499480
I’ve been where you are and totally fucked it up because I was impatient. When the right opportunity comes along you won’t have to ask biz, you’ll know. No need to take any risks until then.

>> No.12499738

>>12499696
So what's the best way of finding those stocks? I'm noob in this I only know crypto

>>12499717
how did you fuck it up?

>> No.12499865

>>12499505
>doesn't buy 21 BTC

>> No.12499907

>>12499738
Look up a list of Dividend Aristocrats or just buy an index like NOBL or SPYD

>> No.12499937

>>12499480
btc and chx are only crypto's that matter

>> No.12499951

Buy Stellar Lumen, the best altcoin, sell all in 2021. 10x!

>> No.12500046

>>12499608
how in the world is this going to make your a millionaire in 10 years? what kind of returns are you expecting on the rentals?

>> No.12500099
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12500099

>>12499480
Read this book and make 60k more

>> No.12500111

>>12499480
just give me your credit card information and you will be rich af ;)

>> No.12500165

>>12500111
Digits confirm that this person is completely trustworthy

>> No.12500186

>>12500099
0xcCef123243BFa9A655734fc4eA486d53cf5C0123

I got dubs pls give me eth or link for luck. Otherwise you will get cursed with weak hands and lose your link before singularity

>> No.12500208

>>12500099
> 200k in SE Asia
Lmao, you're a couple years too late. The Chinese money has been streaming in to the region. The cost of living is probably twice it was five years and continues to rise.

>> No.12500215

>>12499492
>>12499505
>>12499506
>>12499507
>>12499510
>>12499520
>>12499523
>>12499529
>>12499539
>>12499578
>>12499600
>>12499608
>>12499675
>>12499696
>>12499717
>>12499738
>>12499865
>>12499907
>>12499937
>>12499951
>>12500046
>>12500099
>>12500111
>>12500165
>>12500186
>>12500208
sent ;)

>> No.12500295

>>12499529
As soon as I sold my Link for BTC, my profits have been better.

Get bent and JUST'd

>> No.12501147

>>12499608
Would you rather go with multiple separate properties, or one large well-located multifamily (30+ units)?

>> No.12501166

buy siris xm stock

>> No.12501233

>>12499480
Buy some solid stocks over a 3-6 mo period of time. Throw in 15% of what you make.

>> No.12501283

>>12499507
This. Just buy GrainSink.

>> No.12501287

>>12500295
Link is higher this week vs. BTC then it has ever been