[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 3.79 MB, 1810x1318, Screen Shot 2021-02-14 at 6.52.32 pm.png [View same] [iqdb] [saucenao] [google]
28673971 No.28673971 [Reply] [Original]

I'm sure I'm not the only anon who has made life changing money this bull so far, enough to buy lavish shit and not even make a dent in my stack, but I have no fucking idea what rich people even buy or do. Never having had money before, and never fantasizing about consoomption before, I find myself in 7 figure chillzone with no idea about where to go from here.
I will rent a chalet at a ski resort for a couple of weeks and have everyone visit, but that's as far as I have gotten.
Fellow rich anons, wtf do we do now that isn't boring "keep watching number go up" shit?

>> No.28674080

7 figures is the new 6 figures.

>> No.28674221

>>28673971
Maybe try to start a buisness of your own? Based arround a pasion of yours perferably.
I would most certainly by a house, that would resell easy.

>> No.28674359
File: 40 KB, 500x328, E4E6205B-BC9D-444D-B29B-1F3C2AEE5F98.jpg [View same] [iqdb] [saucenao] [google]
28674359

>another humblebrag larp thread
Kys nigger

>> No.28674390

I'd avoid bringing a bunch of people in to know you have money, I'm poor as a motherfucker but one thing I know, as soon as you gloat that you are rich everyone will immediately start trying to take advantage and believe that you got your money unrightfully and justify it in their head to relieve you of your gains.

Take 100k reinvest it into easy money cryptos like you've obviously been doing, take another 250k invest in hard assets, Reasonable used cars, good pieces of property in low taxed states.

These can offset tax burdens, give you some pride in what you own, I've rubbed shoulders with many rich people in my years and talking 350-600 million plus and all they do is buy physical assets and take vacations to their homes.

I don't believe that path is for me but some wisdom from being an observer.

>> No.28674406

Take up new hobbies and go balls deep in the ones that intrigue you most, since now you can afford the best equipment or training. Pay experts to teach you things.

If you really aren’t sure what to do, live as you were before without otherwise dramatically changing your lifestyle, your wealth isn’t going anywhere but your youth is expiring. All the nice shit will need maintenance including furniture and properties. Make sure you don’t blow it up your nose.

And I know this is not what anyone wants to hear but you can now donate your time to volunteering (for whatever cause you think will make a difference, even if it’s coaching or helping shelter animals or gardening or whatever) which can be more rewarding than numbers on a screen.

>> No.28674524
File: 211 KB, 1580x1600, s-l1600-2-25.jpg [View same] [iqdb] [saucenao] [google]
28674524

I want to buy a few new cameras but mostly I want more 4x5 film and a new lens for the toyo 45a

>> No.28674541

>>28673971
Don't buy jewelery it's highly marked up, if you want buy junk silver and gold nuggets although not my style.

Avoid depreciating assets like Boats, planes un-needed lavish things that also draw attention to you.

Remember we live in a desperate world and 99% of the people that serve you food, drive your cars, sell your goods will judge you in a split second.

Don't stand out.

>> No.28674626

same issue here with mid 8 figures. browsed expensive houses and they just seem like a maintenance nightmare, and what would you get out of it besides being able to walk around a bigger area with some decorations. already have a car that goes to 0-60 in 3 seconds which isn't even that special because of tesla now sure I can upgrade to a bugatti but I don't even want that just seems dumb. looked into prostitutes but 99% of them are ugly and most likely fake scams.

>> No.28674717

Don't buy houses, buy acreage.

Missouri (Where i'm from) plenty of land for sale and the government will pay you NOT to farm on it.

Cmon guys I literally have less than 1k to my name and know better than this.

Don't buy things that you can't take care of.

>> No.28674743

Imagine the first you do is the biggest mistake in crypto. Inviting people to a place that is expensive to make clear you have money now. What a total fucking dick.

>> No.28674778

>>28674626
Take that land when it overgrows have local farmers come mow it and bail it, they pay you for this.

Again all money should be looping into itself not outward.

>> No.28674797

>>28674406
Reddit advice

>> No.28674840

>>28674626
How do you even get to mid 8 figs?Crypto only trades?

T. Never seen more than 4 figures in my bank account

>> No.28674936

If you feel like being a sleazy PoS buy section 8 housing complexes it's insane money and nobody in the world takes care of them.

>> No.28674996

>>28673971
If I had 7 figures, 80% is going into soxl, fngu, & tqqq then I'm just traveling for a a year or two. Doing fun impulsive shit maybe in a bus. Living the good life

>> No.28675192

>>28674797
Zoomer reply

>> No.28675995

i'm not asking for fucking investment advice, holy shit, i'm asking what FUN things i can do now i can afford it. fuck guys surely the point of making it is not "now you can buy these boring investments and make even more money". What is fun shit that rich people do?

>> No.28676134

>>28675995
Make a movie.

>> No.28676179

>>28675995
>what is fun shit that rich people do?
You're asking this on a board full of poor people, you aren't going to get an answer.

>> No.28676392

Move to Taiwan bro thank me later ant my phone number help u get started visas house etc

>> No.28676467

We can go singing songs every night my friend only eat food on Shishka bob sticks

>> No.28676793

>>28676392
>>28676467
I've heard really good things about Taiwan, man, I would love to visit one day.

>> No.28677547

>>28675995
If you don’t already have any interests or hobbies that compel you to dump money towards, go on a road trip. Get out of your familiar little bubble and see new stuff, stumble upon something you never knew you’d be interested in. Just put yourself out there

>> No.28678151

>>28675995
vacation in st barts and party with other dysfunctional rich people

>> No.28678329

>>28676392
>>28676467
Bro your country won't exist in a decade, don't lure people into the trap. You die in that war, we won't

>> No.28678355

>>28674840
start with 5k
x2, x50, x10, x2

>> No.28678572

>>28675995
Go hiking in the Swiss Alps.

>> No.28678677

>>28678572
COVID is not the time haha

>> No.28678964

>>28674936
This. Affordable and sanctioned housing has absurd returns

>> No.28679183

>>28675995
Go bang high class whores and do cocain while driving the car of your dreams. After burning out on that find a wife in her early 20s buy a nice place on a lake and get a boat. Start golfing and raise a family.

>> No.28679286

>>28674390
This

>> No.28679685

>>28675995
Lmao, sorry when we've hardwired ourselves into thinking about return when it comes to money

If I had a couple mil to burn I would design my house, buy really nice artworks and most importantly I would make movies. I have lots of interesting stories to tell

>> No.28680311

>>28675995
What do you mean? By your dream house, dream car, go on your dream vacation, fuck your dream whores. You must be really low IQ

>> No.28680763

>>28673971
Just don't go spending it all on some fancy record player!

>> No.28681135

>>28673971
>>28675995
Currently stuck in 6 digit hell, but I have plans if I ever make it. Would love to travel a bit around the world, visit some US states, go to Siberia etc. (preferable in female companionship).
When I think I've seen enough ill buy some land, build a decent house there and raise a family with 3-5 kids. I mean, in the end thats what we live for. Raise another generation and pass them the achievements we made

>> No.28681562

As someone coming from a wealthy family, I would advise you to pick up on a sport you fancy. Just choose a thing that suits you and you wouldn't really be able to do it without cash. Electric mountain bikes are a lot of fun, skiing in fancy resorts. When I eventually make it I will probably get into motorsport just for fun. Sim racing is amazing, you can purchase high-end Fanatec gear and you are gonna be having a good time. Also, you have the obvious things like travelling. Buy a summer or winter house somewhere nice. Ideally in a place where you can always sell it preferably with gain. Maybe go out on a charity auction and buy yourself something nice

>> No.28681900

>>28681562
What sims you rec bro?

>> No.28682130

>>28681900
iRaicng mainly. Also some Asseto Corsa and Asseto Corsa Competizione. Dirt Rally is also fun from time to time but I suck at it