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19843761 No.19843761 [Reply] [Original]

how do i turn 100k into 10 million?

>> No.19843773

>>19843761
If you figure it out, let me know...

>> No.19843819

>>19843761
Start a bank, kek.

>> No.19843889

Invest in a decent mutual fund or etf then wait 40 years.

>> No.19843916

Will take you a while but get into rental properties. You can easily put 40k down on 2 rentals, keep 10k for security. Set up an LLC, incorporate your mortgage under that so you can write it off as a tax expense. You can also write off your km when driving to a property.
Within 5-7 years you’ll have 7-10 mill.
Now is the best time you’ll ever get to buy.

>> No.19843927

Buy STONK. Literally, it's going to 10x, just came out today.

If STA did 100x, this will get your 100K to 10M by the end of the week.

>> No.19843940

>>19843761
multiply it by 100

>> No.19843945

>>19843916
This is the most sane recommendation, imo. Rental properties are a decent way to have a consistent cash flow with relatively little upfront cost (20% downpayment, the other 80% is paid for by the tenants). As long as you're keeping a decent emergency fund for vacancies/maintenance/etc, you can build a few million in assets fairly quicky.

>> No.19844811

>>19843761
Buy 1mill unification and wait a month

>> No.19844835

>>19843916
40k on two as in 20k a piece or 40k a piece

>> No.19844850

put it into ethereumgold.io and wait 3 years.

>> No.19844897

Get 100k of your dollars and get each one of them to suck 100 cocks each for $1.

>> No.19844919

Buy link

>> No.19845289

>>19843916
>>19843945
Plan on renting in the future but I'm curious what is typically the best way to approach utilities?
>Set up a payment account for tenant with utility?
>Invoice them monthly?
>Add a flat rate to include in the rental cost?

>> No.19845331
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19845331

>>19843916
How is that going to be millions?
>Pay $600 a month on a mortgage, charge $1000-1200 per month.
>Assuming you dont have any real problems, thats maybe $4-6k a year each.
>You'd have to buying a new house to rent every year and even then at 10 houses assuming same $4-6keach, you'd still have less than $100k annually.

I agree renting is a good investiment, just not a short term thing. Plus OP probably would be a slum lord dealing with fellas and their lovely ladies, destroying houses every year.

>> No.19845334

>>19843761
Too hard to explain.
Send it to me, I'll do it.

>> No.19845346

>>19843761
Suck 10 million dicks for $1 a pop, after buying a $100k luxury kneepad

>> No.19845381

>>19845289
Everywhere I've rented from a private individual (rather than a big management company) we were expected to setup our own utilities and them in our names. The only time this wansn't the case was the time I lived in an apartment complex and all utilities but cable were tied into rent.

>> No.19845413

>>19845331
You're putting that 4-6k you clear each year into mutals, stonks, etc... to accelerate how quickly you can get into compounding interest land. and that cleared cash flow doubles once the mortgage is payed down.

Its assumed that this passive rental cash flow is going to accelerate getting to an even bigger passive flow of dividends.

>> No.19845653

>>19843761
literally buy 10 btc

>> No.19845683

>>19845346
Omg your mouth would get destroyed

>> No.19845723

>>19843889
>Mutual fund
>ETF
Fuck off JP Morgan

>> No.19845779

>>19845331
It’s not so much the monthly cash flow, it’s more about appreciation and inflation. Imagine buying a house in 1995 for $80,000. How hard would that be to pay off in today’s dollars?

>> No.19845823

>>19843916
the headache of tenants though. i would only do this if it was commercial real estate. fuck dealing with the general public

>> No.19845923

>>19843761
First, how do I turn 10k into 100k?

>> No.19845974

>>incorporate your mortgage under that

Can you explain how you do that? Transfer the mortgage to the limited company? Wouldn't that mean the company has to pay tax on the transfer or something?

Can you explain this part? Not in the USA but imagine it works similarly here

>> No.19846011

>>19845923
Buy LINK and Aave, that's what I did and not I'm close to 200k kek

>> No.19846064

How do I turn 10k hours playing videogames into non-homelessness?

>> No.19846074

>>19846064
web monetization and twitch

>> No.19846400

Look out for Value Income-based ecosystem oriented projects. Speaking of which VID.camera did their best to bring Value Income prospects to crypto ecosystems.

>> No.19846421

>>19843761
Find the next UONE or BYFC

>> No.19846431

>>19843761
buy a pretty underage girl from another country from her parents then sell her to a saudi royal for half a million. rinse repeat

she must be pretty like you can tell she is going to be pretty when shes a few years older. none of that well she wasnt fat and thats good enough bullshit

>> No.19847111

>>19843761
bump

>> No.19847286

>>19843761
short link with 5x margin

>> No.19847588

you start off with a billion AHAHAHAHA

>> No.19847825

YOLO it on 0-2 DTE options | even better on earnings

>> No.19847842

you add $9,900,000 fucking retard

>> No.19847851

>>19845653
bitcoin is not going to be worth 1 million dollars. at least not anytime in the next 2 centuries

>> No.19847887

>>19845823
That's why you hire a rental manager