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/biz/ - Business & Finance

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28536065 No.28536065 [Reply] [Original]

>tfw $200k portfolio is just 5x away from retiring
>tfw have lost all motivation for career + hobbies and spend all day watching number go up / down.
What do I do bros? 6 figure hell is real. I'm in a limbo state possibly retiring early or maybe losing it all and waging forever. how do I cope

>pic not related

>> No.28536168
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28536168

>>28536065
>>28536065
im 26 btw

>> No.28536584

>>28536065
i dunno just stop being gay. have you tried that one trick. doctors hate it

>> No.28536612

>>28536065
Just wait during 6 months and it will be okay

>> No.28536709

>>28536065
get a job faggot

>> No.28536718

1 mill aint enough dude

>> No.28536728
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28536728

>>28536065
get a hobby

>> No.28537086

>1 million is enough to make it for life.
Where do you fucking live?

>> No.28537408

>If I buy two houses for 500k each and then rent them for 2.5k a month each, 5 thousand dollars a month for life on top of 1 million in equity is not enough to retire
I know there are much, much better ways, but even this brainlet take puts 1mil at retirement money

>> No.28537507

>>28537086
>>28536718
>>28537408
US. My plan is to start a real estate rental portfolio of about 10-12 houses. Will be mortgaged tf out but cash flow positive 4k passive monthly I'm free niggers

>> No.28537604

>>28536065
lifting weights will nourish your soul

>> No.28537804

>>28537604
/fitbiz/ is the way. You make gains while you make gains.

>> No.28537878

>>28537086
Anywhere in the midwest United States, really. For $400k you can have a very nice house and never pay a mortgage ever.

$1m isn't enough to never work again, but for some situations it'd be 'making it', so to speak. I work from home and own a business, making around $250k a year. If I get $1m this cycle I'll have made it.

Will I need to work still? Yeah. But I'll also be heavily investing my income in the following years since I don't have any huge debts to worry about.

Not quite, "I never have to work again" making it, but it's damn close.

>> No.28538246

>>28537086
Anywhere except California, NY, Switzerland, Amsterdam, SIngapore and HK?

>> No.28538254

>>28536612
This but just wait 3 years or more. Dont rush this and don't waste your time until it happens. It may be 3 years for a 5x it may only be 5 years for a 20x. Either way just relax. You are further along than a lot of folks and being impatient will only compromise that position. Take a break. In a few years you will be totally free and that's a guarantee that many others will NEVER see. Also if you are reading this and you have no BTC, no LINK, no GRT. Scrape together what you can and go 20/55/25 on those three NOW all in. Set aside payments if you have to and then leave /biz/ for three years. Don't touch shit.

>> No.28538320

>>28536168
>age 26
>retiring on 1mil
Are you going to live in a crack house in Wisconsin for the rest of your life or what?

>> No.28538501

>>28536065
I'm in the same boat anon. 200k and i think we're actually making it this year. At what price is the question. Lost motivation for everything else cuz i feel whats the point when i make fucking hundreds of thousands on magic coins

>> No.28539026

>>28538246
cant even buy a nice apartment or house for 1m in stockholm lol.

My friend bought a decent apartment last year, payed fucking 2m dolarinos.
overpriced garbage city

>> No.28540456

>>28538254
solid advice. I'll get the BTC and more LINK and maybe GRY, but I'm waiting for a dip (thats what the 20k USDC is for)

>>28538320
learn to read >>28537507

>>28538501
I hear you dude. I think we'll make it too

>> No.28540702

>>28536728
this picture was funny

>> No.28541751

>>28536065
A million isn't enough to retire on.

>> No.28541968

>>28539026
fine I forgot Stockholm, why live in that shithole anyway? Much better cities to choose from in Sweden or you could move to Norway or Finland.

>> No.28542763

>>28541751
jesus do people on this board even read
>>28537507

>> No.28543304

>>28538320

It cost me 18k yearly to live central London and all I did was mdma, dnb raves, flat parties while working obvs.

Get out the city and you can live on NOTHING

>> No.28543399

>>28536065
Get a job but unironically.

If you don't have a degree, get a job at a warehouse or on a construction team as a laborer. They pay way better than most unskilled jobs.

Here's why:

>Consistent stream of capital means you can make riskier plays
>Keeps you from catatonically staring at the charts all day like a zombie

>> No.28543774

>>28543399
Or just stake something and get more passive income than waging would get you. I'm farming 5x more 1INCH per day than I earned at my wagie job before.

>> No.28543815

also at least once a month blow a fat nut in some ho. hire and escort if you need. helps me think.

>> No.28544139

>>28543774
Part of the point of making active income at a job is to get away from the computer though. Staring at the charts 24/7 WILL make you panic sell/FOMO into something eventually even if you're a rock solid trader. It's just human nature. Especially if you're stuck in early 6 figure hell and keep thinking about how close you'd be to 7 figures if you just got one lucky 2x or 3x

>> No.28544202

>>28537507
Nah, you'll be a slave to the properties unless you hire an agent to manage and approve repairs etc