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/biz/ - Business & Finance

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Anonymous Wed Sep 2 17:30:59 2020 No.22142195 [Reply] [Original]

>780k net worth

800k is so close i can taste it bros

>>	Anonymous Wed Sep 2 17:33:13 2020 No.22142283 >>22142195 25 btw. have i /made it/

>>	Anonymous Wed Sep 2 17:35:58 2020 No.22142375 >>22142283 Money can't buy class.

>>	Anonymous Wed Sep 2 17:37:22 2020 No.22142414 >>22142283 >have i /made it/ Do you think you can go the rest of your life without working? Then yes

>>	Anonymous Wed Sep 2 17:38:27 2020 No.22142461 >>22142195 I am still poor but good job nigger

>>	Anonymous Wed Sep 2 17:43:47 2020 No.22142650 File: 170 KB, 1156x1200, 4545553.png [View same] [iqdb] [saucenao] [google] congrats anon 875k usd here post-tax, feels good

>>	Anonymous Wed Sep 2 17:45:07 2020 No.22142688 >>22142195 Is 800k a special number for you or just a nice, whole number? Either way nice job anon, I'm 27 and around 350k so far.

>>	Anonymous Wed Sep 2 17:46:36 2020 No.22142736 >>22142283 as long as you don't let drugs derail you and you continue to invest, yeah you made it. serious about the drugs (women can also fuck things up but not quite as badly).

>>	anon Wed Sep 2 17:48:52 2020 No.22142793 22 at 200k

>>	Anonymous Wed Sep 2 17:52:03 2020 No.22142887 >>22142375 poorfag cope

Anonymous Wed Sep 2 17:53:23 2020 No.22142922
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>>22142195
its more then enough, If your financially literate you can earn $7000 per month from dividends (10% APY) without touching the principle. 400k is my "make it" goal and with this upcoming bull run many of us will make it.

>>	Anonymous Wed Sep 2 17:55:10 2020 No.22142974 29 200k i want to fucking kill myself Im going to be stuck wageslaving at a 40k a year job for life aint i I literally dont give a fuck anymore

Anonymous Wed Sep 2 17:55:57 2020 No.22142993

>>22142195
You keep posting this same thread which makes me wonder if its a larp or something else. Anyway, no you haven't made it unless you have 1 million liquid and a paid off house. 780k Can get you a modest single family home in most areas of the country. So really you need to turn the 780k into 2 million.

>>	anon Wed Sep 2 17:56:27 2020 No.22143004 >>22142974 Your doing best than most Anon, don't sweat it.

>>	Anonymous Wed Sep 2 17:57:30 2020 No.22143024 some of u are pathetic af. with so much money and still feeling like shit. move country or change your mindset. tards. i wish i have that much money. would literally live like a king in my shitty country

>>	Anonymous Wed Sep 2 17:57:54 2020 No.22143036 >>22142922 >earn 7000 a month in dividends on 780k Are you fucking retarded? At most 4,000 with 6 percent dividends

Anonymous Wed Sep 2 17:57:55 2020 No.22143038
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>>22142922
how anon? I have 350k in my vanguard account right now, gonna send the other 350k in my bank to vanguard once it's out the shitty 1 year CD thing, my pussy 40 percent stocks 60 bond is a mistake isn't it?

should i go balls deep in like VUSA or EX-UK Developed world or something.

>>	anon Wed Sep 2 17:58:32 2020 No.22143056 >>22143024 Which country is that? It maybe super-rich for you, but in USA and most modern Europe countries, it is not nearly enough. Its middle class at best.

>>	Anonymous Wed Sep 2 17:58:56 2020 No.22143063 >>22142793 thats impressive. Enlighten the rest of us how you made 200k one year after graduating uni?

anon Wed Sep 2 18:00:18 2020 No.22143106
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>>22143038
Bonds are not performing as a counter weight to stocks anymore.

Infact nothing really is, Capital Gearing Trust (for UK) is about all that held counter, oh and TIPS.

But for USA bros, I have no idea what is a good thing.

Gold and Silver never strikes me as good investments. that shit tanks during a crash, no good to sell and pour into stocks if its fucking 10 percent down lol?

>>	Anonymous Wed Sep 2 18:00:19 2020 No.22143107 >>22143024 you could probably live like a king in an african village with your current savings. why don't you move?

anon Wed Sep 2 18:01:21 2020 No.22143145
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>>22143063
I didn't goto uni (only one in my leaving year, and I'm the richest too. Uni is a scam for about 95% of the courses and I'm talking UK. I heard its worse for USA.
Run my own business

Anonymous Wed Sep 2 18:01:53 2020 No.22143159

>>22143106
jfl, i don't wanna pay some jew advisor to tell me which funds to buy but i suck at this.

ima just go balls deep in maybe VUSA , ex-uk developed world and the rest in the 80 percent maybe. maybe get some developing world stonks in there too and go live in thailand.

>>	Anonymous Wed Sep 2 18:02:44 2020 No.22143191 >tfw having to compare myself to inheritencefags

>>	anon Wed Sep 2 18:02:57 2020 No.22143199 >>22143159 If you are UK fren, take a look at Fundsmith as a starter Fund. They are a good core to any portfolio. They have a solid manager and solid long term holdings/history I am UK so I can't give any thoughts for USA frens.

>>	Anonymous Wed Sep 2 18:03:26 2020 No.22143209 >>22142922 Yeah don’t chase super high yields you will get wrecked you can only get 4-6% realistically.

>>	Anonymous Wed Sep 2 18:03:29 2020 No.22143210 >>22143145 You run your own business at 22? What line of work are you in? Knob Polishing?

>>	Anonymous Wed Sep 2 18:03:33 2020 No.22143212 >>22143191 i earnt all mine from crypto you nigger, i'm 26 and /made it/

>>	Anonymous Wed Sep 2 18:04:02 2020 No.22143237 Just put 50k In STA and wait 2 months thank me later.

Anonymous Wed Sep 2 18:04:14 2020 No.22143244
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>>22142993
Buying a liability
ngmi

"If you have or will receive equity in or title to the property, the rent is not Tax deductible."

> Stream yourself playing video games
>residence is now a studio
>Right off rent as business expense
400usd is "make it" at any age

>>	anon Wed Sep 2 18:04:27 2020 No.22143253 >>22143210 I run a gaming Community, dont' wanna list what games cause it maybe easy to identify me. Good money.

>>	Anonymous Wed Sep 2 18:05:32 2020 No.22143290 >>22143199 thanks anon i'll look into them.

>>	Anonymous Wed Sep 2 18:06:08 2020 No.22143303 >>22143253 Dude my dad owns call of duty. Very cool

>>	Anonymous Wed Sep 2 18:06:34 2020 No.22143315 >20yo tranny lovers on an anime forum have more net worth than my father, a respetable surgeon. Love this place

>>	anon Wed Sep 2 18:06:51 2020 No.22143326 File: 657 KB, 400x225, 1598896161745.gif [View same] [iqdb] [saucenao] [google] >>22143303 Gaming Community, as in run modded servers, sell VIP, Rust Kits ect.

>>	Anonymous Wed Sep 2 18:08:19 2020 No.22143373 >$220m net worth >21 years old Please tell me I made it anons I can't stand the idea of working

>>	anon Wed Sep 2 18:09:17 2020 No.22143405 File: 10 KB, 250x234, 1598309307202s.jpg [View same] [iqdb] [saucenao] [google] >>22143373 All in

Anonymous Wed Sep 2 18:09:42 2020 No.22143418
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>>22143036
Sir NXR.UN
10% monthly dividend
many more private companies i can list that have same yeilds

>Global warming melting all the ice
>year is 2022 Northwest passage open Year round Atlantic Ocean with the Pacific Ocean finally connected, this is why Trump wants to buy Green Land
>industrial real-estate moons
>New panama canal with no limit on ship dimensions
>Panama is seething

>>	Anonymous Wed Sep 2 18:10:19 2020 No.22143444 >>22142195 How'd you get there?

anon Wed Sep 2 18:13:32 2020 No.22143542
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>>22143036
Wouldn't recommend dividends in this environment. Honestly, I don't see its value in any, a boomer thing.
Take money from the company you are invested in, instead of that company using it to grow market share and your share value???

Really never understood the boomer need for them. Why not just invest in strong growth funds in blue chips. Then sell the profits? In both downturns 08 and 20, dividend based shares get slashed, investors flee and share value plummets.

It just never makes sense to me. Let alone the shooting up of solid stocks that we seen in both recoveries. But fair enough, each to their own.

>>	Anonymous Wed Sep 2 18:14:45 2020 No.22143590 Just hit 1m after the recent pump. Thank you Vanguard!

Anonymous Wed Sep 2 18:15:12 2020 No.22143603

>>22142993
He is absolutely fine if he is living alone, he can pay a house and throw the rest into dividend stocks and get a fair yearly salary, would consider moving to some country like portugal where life is extremely cheap and you won't find shit you find in the third world.
It also depends what is your definition of making it, which given the shit that i see posted here on the "houses threads" it would mean literally living like a famous football player

>>	Anonymous Wed Sep 2 18:22:56 2020 No.22143818 >>22143603 Can you get by with English in Portugal? Unironically looking to GTFO of the shitshow that is the US.

>>	Anonymous Wed Sep 2 18:24:30 2020 No.22143876 Tfw im richer than all yall and never bought a scam coin in my life Thank ya grandma we that old money

>>	Anonymous Wed Sep 2 18:24:31 2020 No.22143877 >>22142283 No but you are doing really well, keep it up

Anonymous Wed Sep 2 18:26:05 2020 No.22143932

>>22143818
Well, it depends where you going, madeira it quite popular among foreigners especially germans, i lived there and even though most people on the streets don't know the language usually the staff of literally any place know it or can communicate at least

>>	Anonymous Wed Sep 2 18:29:47 2020 No.22144049 >>22143542 A sense of security I guess? Blue chips with good dividends have some form of intrinsic value, and have a "floor" to their price

>>	Anonymous Wed Sep 2 18:30:36 2020 No.22144077 >>22142375 cope >>22142195 mostly from crypto? story time anon

>>	Anonymous Wed Sep 2 18:58:35 2020 No.22144946 >>22142283 About the same situation. You haven't "made it" just yet, but you can work for a few years and retire, so much more than most poorfags can say.

>>	Anonymous Wed Sep 2 18:59:18 2020 No.22144977 >>22142375 Class is for faggots

>>	Anonymous Wed Sep 2 18:59:45 2020 No.22144988 >>22144977 thread was almost gone. you just had to bump it, didn't you

>>	Anonymous Wed Sep 2 19:04:04 2020 No.22145116 >>22143542 What other funds do you recommend apart from fundsmith? Would you please recommend an entire fund portfolio e.g. 25% fundsmith what about the rest?

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