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/biz/ - Business & Finance


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23789159 No.23789159 [Reply] [Original]

How much money do you think you will be able to make in your lifetime? Do you plan to keep going or do you have a wealth cap?

>> No.23789179
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23789179

>>23789159
Once I hit 2 million USD I think I can comfortably just live off dividends.

>> No.23789187
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23789187

>>23789159
Fren I plan to live off passive income from my crypto after another bull run. When a bitcoin is worth 10 million USD and you can have a 5% interest rate on a bitcoin you can have a 500k passive income just from lending your bitcoin out to a hedgefund or something basically risk free.

But I am most about the passive income I will be able to get from my chainlink holdings in ten years.

>> No.23789199

Friendly reminder
>2021 December 20k start of parabolic rise
>2023 December 300k peak

>> No.23789215

I want to have a million dollars by the time I die.

>> No.23789247

>>23789159
I'm confident I'll be a 'billionaire' by the time I die (90-100). Already a millionaire and I'm only 24 (granted, I was lucky due to having a good family behind me, a decent paying job and Chainlink / crypto). Anyway, I'm pretty sure that if you live based off of percentages of your net worth rather than actual $ amounts then you can pretty much always accumulate wealth due to compound interest. The most valuable asset we all have is time. The second is our health because it can influence how much time we have. Anyone can turn time into money. It's just some people have less time and therefore won't ever be able to accumulate massive fortunes.