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/biz/ - Business & Finance


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29588678 No.29588678 [Reply] [Original]

How much money do you consider making it?

>> No.29588741

>>29588678
8 figures

>> No.29588772

The amount of money which allows you to tell the system to fuck itself.

So for me, 1 paid off house in a medium size city. Perhaps about ~500,000.

>> No.29588845

>>29588741
That's what concerns me. It seems really to retire in my 40s i'd need something like 5million at the minimum.

>> No.29588923

>>29588772
Paid off house is huge, although right now i'd rather mortgage it and keep the liquidity since real interest rates are essentially negative

>> No.29589452

>>29588678
1$
then i made one buck

>> No.29589479

>>29588678
5-10 mil

>> No.29589481
File: 26 KB, 480x480, 20-trillion-zimbabwe-banknotes-2008-aa-series-uncirculated-bank-of-great-american-coin-companyr_122_480x480.jpg [View same] [iqdb] [saucenao] [google]
29589481

>>29588741
> 8 figures
NGMI

>> No.29589563

I'd say 100k but I'll sell at 10k so I guess I'll never make it

>> No.29589659

15 million.

>> No.29589670
File: 36 KB, 409x337, 6F3739E6-D078-4C5D-B125-ADE81D44D23E.png [View same] [iqdb] [saucenao] [google]
29589670

10x the top 1% of your age group

>> No.29589750

>>29589479
This. You should be able to retire on 5 million at just about any age if you're not retarded with your money.

>> No.29589815

200k

>> No.29590040

>>29588678
$20k short term
$1mil long term

>> No.29590146
File: 73 KB, 417x346, life.jpg [View same] [iqdb] [saucenao] [google]
29590146

>>29589670
seems about right.
this is my path right now.

>> No.29590260

>>29588678
No set amount of money. Being able to live in a nice house, take care of my dad and not having any financial worries is what I consider making it.

>> No.29590486

Can I neet life it at 1mil bros? I just need like 20k a year in passive income

>> No.29590623

>>29588678
1m. then invest that in those juicy high dividend yield stocks and never work again

>> No.29590715

>>29589479
>>29589750
i'm just afraid of inflation

>> No.29590782

>>29588678
How much? How ever much it takes to take YOUR money. I don't want MY money I want YOUR money. All of it. I won't be happy till your homeless and on the street back to square zero. It isn't enough that I succeed. Others must suffer.

>> No.29590965

5 mil and ill neet the rest of my life in peace

>> No.29591023

paid off house + 1 million in safer traditional stocks + 500k in crypto is the bare minimum unless you're already 55+

>> No.29591050
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29591050

>>29588678

>> No.29591095

>>29589670
you don't need 10 mil to live off of from 30 onwards you delusional faggot

>> No.29591159

>>29589670
is this real? it makes me feel good about myself lol

>> No.29591169
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29591169

>>29588678
I just need 200k USD to retire in my country.

>> No.29591412

>>29591169
what cunt do you live in?

>> No.29591643

>>29591412
Brazil. If you put a little less than 200k into FIIs (fundos imobiliários) you'll get a passive income of more or less $900, and you can live a good life with this, if you choose your location well.

>> No.29591992

>>29589670
I'm currently around the 50th percentile. I have zero liabilities. And I just started investing/trading. Fuck it. I'll take it.

>> No.29592025

>>29588678
I feel like with even 6 figures you can just borrow against your crypto, and also sell covered calls and/or CSPs (btc or stonks) and live off that.

>> No.29592108

>>29588741
>8 figures
>>29589479
>5-10 mil
>>29589659
>15 million.
>>29589670
>10x the top 1% of your age group

wtf is wrong with you anons
you will never be happy with this attitude
less than 1% of this board will ever reach those numbers
none of you faggots spend more than 80k / year anyway so there is zero reason you should need more than 2m to consider yourself having made it

>>29590486
yes you can, easily

>> No.29592193

500k-1mil USD or so if you're in the first world.

Not that I'd be able to literally just live the rest of my life on that if I had it in a pile of fiat in my basement, but with that amount of money I could just spend a couple of hours a day managing muh folio. It's enough to literally just shove most of it into an index fund, farm land, precious metals, and take a small % every now and then for YOLO plays and be comfy for life.

>> No.29592234

>>29589670
So i have about 5 years to accumulate 7 million$

>> No.29592261

>>29588678
2k passive income per week

>> No.29592445

>>29591643
nice. crypto must have been life changing for you if you can live that cheaply!

>> No.29592486

1 million. Move to czech just outside of prague and get a nice house for cheap. Buy my own helicopter for 250k incase some war or worldwide calamity breaks out and I need to gtfo. Still have 500k leftover to live a nice cheap self sustaining life with a beautiful czech girl and a few kids.

>> No.29592501

>>29592108
yea people on this board are financially illiterate, why do you think every thread is about shitcoins

>> No.29592518

where I live, 1m

>> No.29592557

>>29588678
1mm usd would be enough for me

>> No.29592584

~500k, enough to put a sizable downpayment on 2 or 3 properties and have some cash left over to get a better education

>> No.29592598

Roughly 1-1.5 mil. Three-four good flats to live of off rent.

>> No.29592644

>>29592108
yes, i will reach 5-10 mil. i'm already pacing for 7 figures by year end and I have a comfy wfh dev job where i save 50% of my income

>> No.29592648

1-1.5 million $ in Poland

>> No.29592647

>>29588678
enough to retire and life off boomer index funds returns

>> No.29592749

>>29588678
I will never, ever make it because I have no set amount. I will keep stacking until I die. Ending your horde early is retarded and I will never be satisfied. Fuck off feel-good anons who say I will never be happy. I don't want to be happy.

>> No.29592837

>>29591643
>>29591169
Damn, I could move there now and live like a king, only then I'd be in Brazil. There's always a tradeoff.

>> No.29592890

>>29588678
Anything really. I need to make money to survive at this point, im exhausted from work, i barely eat, Latin America is killing me. Being poor is soul crushing

>> No.29592953

>>29592108
Life here is expensive and a house is about 1.2 milllion in usd. Incidentally, that's what I have in crypto.
If I reach $15 million, I'll never have to worry about money and I will never have to obscess about stupid charts ever again.

>> No.29593023

>>29591643
damn I already have like $1.3k/month passive income from offshore properties
maybe I should move to brazil and stop staring at charts
i don't speak Portuguese though and idk how hard would it be ge get citizenship/permanent residence

>> No.29593030

>>29588678
Whatever allows me to live the rest of my life off dividens, staking, passive income, etc

>> No.29593274
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29593274

>>29592445
True, I just need a coin that I hold to hit $80 (it's not even close tho lmao) so I can be have 200k USD.

>>29592837
Bro, you don't know what you're saying. Brazil can be comfy af if you choose wisely.

>>29593023
Most of brazilians can't speak english (besides the ones in turist regions, pic related is called Ouro Preto in Minas Gerais, and I never went there), so speaking a little of porch of geese is a must.

>> No.29593528

>>29593274
I'm sure there's lots of natural beauty, and the Brazilians I've met have been very friendly, but I've seen too many liveleak videos from your country. It just seems very chaotic and poor, not to mention the dumb government tariff policies that keep you guys still using 30 year old video game consoles, etc.

>> No.29593957

>>29592644
>yes, i will reach 5-10 mil. i'm already pacing for 7 figures by year end and I have a comfy wfh dev job where i save 50% of my income
so you are already spending what, only 50k / year while working? why the hell would you need MORE than that when you are not working? I'm currently not working and my expenses are much lower now compared to when I was a wagie

>>29592953
>Life here is expensive and a house is about 1.2 milllion in usd
if that is the case, then I understand you need more, but still 3-4m should be more than enough

>> No.29593970

tree fiddy

>> No.29594157

>>29588678
1 million in VTSAX.

>> No.29595619

>>29588678
my target is was 500k and I should get 100k more to achieve it. Injective gave me a lot in the testnet phase and now waiting for mainnet for the last pump. INJ is the best performer for me in the last 3 months

>> No.29595976

>>29592025
>>29592501
>people on this board are financially illiterate
retard

>> No.29596045

>>29592749
based and anhedonicschizoidpilled

>> No.29596050

>>29588678
unironically EUR 75k

>> No.29596224

1 mil ,probably less . Poor fag whole life

>> No.29596333

5m

>> No.29596393

>>29588678
Probably at least 8M. Can live modesty playing vidya and renting a few properties forever.

>> No.29596517
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29596517

>>29589670
Does this account for inflation? When was this chart created?

>> No.29596555

>>29589670
Feels weird being between 75th and 90th considering I have spent most of my time doing nothing.

>> No.29596616

>>29595619
How much of a stack do you have, anon?

>> No.29596634

A paid off piece of real estate of your choosing (house, condo or apt, if its the latter it should be in good location) + 500k in investments and liquid assets.

Ideally to also provide for a family, which I plan to in the future the liquid part should be 500 to 1million. At that point I consider myself to have made it and I don't need to corporate wage anymore. I should reach the former goal within a couple more years and the latter by my early 40's.

>> No.29596697
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29596697

$300k.
Don't @ me Westoid scum

>> No.29596753

>>29588678
>>29588741
>>29588772
>>29588845
>>29588923

The question depends on the individual.

For me my salary is about 450k and my wife's is 200k. We live in a high cost area. Our home is worth 1.75 today and I owe 800k on it. We have rentals worth 1.3 that I owe about 400k on.

I would want 5M plus my house and rentals paid off. I am currently at $3m not counting 401k. We are both 37. I had hoped to hit 5m by 40. But this week has been rough (down $250k in my stock portfolio). I doubt I could hit $5m plus pay off home/rentals by 40 but maybe by 45. At taht point even at a 5% return I figure I would get 250k on my 5m, plus another 60-70k from rentals and I would not need to worry. The only problem is then healthcare which is expensive, especially as you age.

>> No.29596776

>>29588678
Reliable $100 passive income per day, net worth does not matter.

>> No.29596792
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29596792

$800.
>spend countless hours researching, trading, and browsing crypto communities
>performance at wagie hut dips
>relationship becomes strained
>don't care
>daddy's getting a Dyson

>> No.29597974

>>29593528
Brazil & Argentina have pretty polarized wealth There are places very rich totally 1st world and rural underdeveloped that looks like Central Africa if you limit yourself into rich areas, you will be ok.

>> No.29598250

Passive income

>> No.29599380

>>29588678
Depending your objectives. I'm a Europoorfag who wants to buy house and get some extra regular earnings. I don't even consider stop been a wagieslave. Where i live, once tyo have a house in property, living is pretty cheap. with 500k € i would life comfy the rest of my life.

>> No.29599573

>>29592486
where are you from?

>> No.29599581

>>29588678
At the very least, 50x your annual expenses I.e. Rent, food, utilities, travel, entertainment, gadgets, insurance.

>> No.29599774

>>29592108
I mean, as long as the massive asset bubbles don't pop and the US doesn't kick into hyperinflation, I have a feeling a good portion of the anons here (on /biz/) who invested will make good money should they hold the proper coins.

I'm fairly certain it's still "early" to get into crypto so given 5 to 10 years you could walk away wealthy with minimal intial investment.

>> No.29599871

goal was cashing out 5 million and letting other 5 million rolling

>> No.29601620

fuck you money starts at 1 mil income per year. so like 40m

>> No.29601683

>>29588678
5 million

>> No.29601865
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29601865

>>29588678
1 million, I'm a simple man, I just want to retire in a comfy warm country

>> No.29601875

>>29588678
I honestly don't care about the actual amount, but once I'm at the point where I can live and not HAVE to work anymore (my money makes more than me or I'm able to live off of passive income alone), I'd consider myself made.

>> No.29602020

>>29593023
How do you make passive income from offshore properties?

>> No.29602320

A better question is at what point can your potfolio support you without evaporating

>> No.29602633
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29602633

>>29588678
Low 8 figures as i intend to help my family with good chunks of the total pie.

>> No.29602741

>>29588678
Debt free and 50k/year passive income is minimum for making it. Multiple pathways to get there

>> No.29602877

>>29602633
In the end each member of my family (including me) would walk away with 7 figures each. After all this goal of mine is for me and them to make it. What happiness is there if I dont pull them out of the cage with me? Hopefully this dream comes true.

>> No.29603148

>>29588678
$1B

>> No.29603238

>>29588678
From early youth on, $2.5 million. Adjusted for inflation, it would nowadays be around $5.5 million.

>> No.29603247

>>29588678
500k - 1M so i can provide liquidity somewhere safe and earn 50 - 100k comfy

>> No.29603779

>>29588678
100 btc

>> No.29603923

>>29602741
50k in passive income is going to be like 10k by the time we're old.

>> No.29604116

$100M

>> No.29604379

>>29603923
Its not going to be that bad. Maybe it'll be worth about 35k, but still enough to live modestly.

>> No.29604549

>>29603923
Btw the time we’re old the 50k should have 5-10x because the assets providing the passive income should have 5-10x. For current year, debt free with a house and 50k passive is comfy as hell. I’m debt free with 36k passive income. Enough to be comfy but not if I have a kid

>> No.29604880

>>29588678

$50k passive income a year. So probably a million dollars tied up into apartments / condos / duplexes.

Enough to live a middle class life without wagecucking, but still something to keep me busy.

>> No.29605286

>>29588678
/biz/ you gotta help me out here. I figured it out and I only need 1.5k a month to live free forever. How can I actually achieve this? It seems like so little, should be easy right?

>> No.29605476

>>29605286
at least one to two investment properties + crypto/stock + small passive online business. this should be plenty and could get you more than 1.5k if you are lucky/wise

>> No.29605573

>>29605286
How the fuck will you live off that? Are you in a 3rd world country? And 1.5k per month is easy, just throw 15% of your income into a retirement account. Slog it out for a few years and you can hit that easy.

>> No.29605727

100000/0.035 + 1m for a house = 3.85 million

>> No.29605781

>>29588678
I want 150000 btc, otherwise I would be extremely sad and never satisfied ever, do you think I have a chance?

>> No.29605901

>>29588678
3 million. Buy a house in the woods and go on an unhinged coke binge, take the remaining 2M and put it in a 6% boomer investment to live off $120,000 per year.

>> No.29605985

>>29605286
GRT staking. 1.5k a month is with like an initial stack of around 40K

>> No.29606045

>>29588678
I dont gauge success in money but in GME stock. You only need one GME stock to make it.

>> No.29606060

>>29605476
I have a rental property, the repayments are higher than the rent which sucks but I'll be able to refinance it soon to fix that. Got a tiny amount in stocks, about 2k. Getting into crypto as well but slow starting, not even 1k. Online business includes writing apps I guess? Maybe I'm closer to achieving this than I thought

>> No.29606216

>>29605901
Based. If you want someone to ramble endlessly to throughout your unhinged coke binge, I'd be willing to offer my assistance.
Nothing better than discussing anything and everything in way too much detail when you're snapped out of your gourd in the middle of the night.

>> No.29606226

>>29590486
Easily, have you seen the APY on defi on stable coins

>> No.29606354

>>29605573
I live extremely frugally and consider working for myself and making my own money to be freedom. Its not a lambo and yachts life but as soon as I'm not paying for the privilege of shelter and utilities, I'm happy.

>>29605985
Interesting, thanks. I have a tiny amount of grt.

>> No.29606552

https://www.youtube.com/watch?v=rJjKP8vYjpQ

>> No.29606660

£150K, not even joking. This is my cash out everything except a suicide BTC stack and enjoy my life

>> No.29606724

>>29588678
Depends on what you need, for me it would be 300k because that would be enough to pay off my mortgage, bills and have a bit extra for savings, it would give me a lot more financial freedom.

>> No.29606959
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29606959

My wife knows about my cripto investments.
And she does not give a fuck. She trusts me to manage our finances appropriately and has no interest I making me cash out or invest more.

I think most of the wife going nuts over cripto stories are incel larp.

>> No.29606969

>>29596555

Until you cash out, you do not have the net worth. Realised gains only

>> No.29607125

>>29588678
With about 1mil i could retire forever, buy 2 houses(1 in the city 1 in some rural area) And live a really comfy life, and all that around 30

>> No.29607134
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29607134

>>29596753

Wow what a bunch of lies to tell people on the internet

>> No.29607149

>>29606969
That's not how net worth works
crypto is an asset iirc

>> No.29607167

300k

>> No.29607297
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29607297

>>29589670
I have only 2x the top 1% of my age group.
Feels bad man

>> No.29607758

>>29588678
10 million

>> No.29608237
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29608237

>>29588678
1 million US dollars LIQUID, so $1MM cash on top of your basic assets like car, home, no serious debt, bills covered, etc.

>> No.29608495
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29608495

>>29596753
What does your wife do? Jewish divorce lawyer?

>> No.29608594

>>29596753
the fuck are you doing on 4chan

>> No.29608616

>>29608237
cringe. You can't even travel with this, unless you go to hostels and economy class.

>> No.29608648

>>29588678
6 mil

>> No.29609069

>>29608594
He has to keep an eye on the goyim in between collecting rent from his tenements

>> No.29609379

>>29606060
ygmi. godspeed

>> No.29609381

>>29596753
Move to europe when old and starting to lose pieces?
Get a travel insurance and pretend you noticed symptoms for the first time there?
I'm trying to send clues I have no idea if this is viable

>> No.29609848

>>29589481
I feel that
>>29588678
unironically 10k

>> No.29609877

10 mil

>> No.29610057

>>29589670
Lmao
No way this is real. A third of the US is fucking negative because of debt.
I mean I am top 3% or whatever but this is some made up garbage.

>> No.29610073

>UK
>£2m post-tax

I consider making it as never having to work again.


£2m is enough to buy a nice home outside of London, or an *OKAY* one inside and live forever off 4% average investment returns on the remaining ~£1.4m

>> No.29610288

>>29610073
Fellow bong here, what are the safe return on investment opportunities we have? Basically the same 'make it' plan as you.

>> No.29610530

500k+a house.
That will not only guarantee a life in luxury in a nice country like Greece or Italy, but also plenty of wealth for my children if I ever have any. I don't need much, just a house, a boat and a warm dinner.

Americans are quite weird. Whenever I talk to them they consider anything below 2 million almost inhumane because they plan on retiring in the club center of Miami or the LA boulevard. Meanwhile they could easily live a great life for a quarter of that just 3 hours south in Costa Rica or Belize.

>> No.29610700

>>29592501
This every other thread about alternate incomes always have retards going “no that’s impossible because of x” even if they have no real experience with the thread subject

>> No.29610778

>>29588678
A cent for every one of these threads Ive seen here. Id be made it already

>> No.29610823

>>29610288
Just invest in the stock market, calculate a 7% yearly return, 1.5% inflation and a 2% margin of safety. So 4% a year give or take.
Which is what the Anon was probably talking about.

>> No.29610829

>>29596517
That pic is what really wealthy people do with mega yachts right? They open elocs on them?

>> No.29610865

>>29588678
80k/year should be OK, so with a conservative 4% rule $2M capital to make it. Currently 40k in dividend stocks and 40k* in crypto.
* tripled since November, holding GRT/ADA/DOT/LTO/ALGO

>> No.29610917

minimum 5 million

>> No.29610922

>>29610530
>nice country like Greece or Italy
Bro are you living in 100 BC ? Wog states are socialist shitholes and Mediterranean people are pain in the ass
Literally jews with olives and tomatoes instead of bagels

>> No.29611003

>>29590782
Sadly many billionaires are like this. They use their wealth for to watch people suffer and enjoy it like a game.

>> No.29611089

>>29611003
Honestly 10-15k would be making it for me since I'm terminal even if I had a million I wouldn't even be able to use it.

>> No.29611143
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29611143

>>29610922
I have family there...
It's a great place and the people are as lazy as me
>states are socialist
That's why you get a company in Cyprus and never pay tax ever again.
Obviously you don't want to pay taxes in Greece, you just live there.

>> No.29611211

>>29611089
Why the fuck would you care for money when you are dying? Take on debt, do whatever you like, who cares?

>> No.29611400

>>29591643
Buy real estate in Romania, you make 225$ a month per 36.5k investment.

>> No.29611471

>>29611211
One it takes credit as sick as I've been for years I haven't worked consistently so my line of credit is so shot from medical bills I couldn't qualify for a $300 credit card.
and they will absolutely put sick people in prison where I'd be in crippling pain and no care.
Money would allow me to enjoy what little time I have left without having to stress my body even more for a pittance.

>> No.29611610

>>29592108
Well to be honest starting from the Corona crash and ending this December or September you realistically could have made 300M from swinging the Corona crash, ESH, STA, Uniswap, Ampleforth, YFI, YFI clones, leverage UNI or have 50000 addresses with UNI tokens.

There was also a lot of flash crashes to 0.01$ for Chainlink, ETH, BTC on specific exchanges like BitSeven and even giants like Binance(chainlink) and Kraken(ETH).

>> No.29611793

>>29588678
20 figures

>> No.29611821

$300k

>> No.29612011

$2M USD before 2030

>> No.29612503

>>29589670
I'm still several years short of the minimum listed age on the chart kek. no i'm not underage

>> No.29612650

>>29588678
250k USD

>> No.29612720

>27
>36k aud investment portfolio
>200k mortgage
>house valued at 800k
>50k after tax pay per year
I just need my investment portfolio to grow to 650k to retire.

>> No.29612734

>>29588678
My plan is hit $2-5mm by my mid 30s and then buy an estate somewhere in Latin America where I can use purchasing power parity to my advantage and double the value of my USD

>> No.29612753

>>29588678
1 GME

>> No.29612825

>>29588772
This is basically it for me. A paid off house in the city I live in right now would set me for life, since I have a decent paying job that I actually enjoy (no really)

>> No.29612842

>>29588678
My dream is to buy a house and earn 50k a year without doing anything. Anything else would be a bonus.

>> No.29612902

Willing to quit waging and either go into contract work or self-employment: 2.5mil
Willing to stop working altogether: 10mil

>> No.29613333

200k, and this is @3.5%SWR slightly above my actually needs.

>> No.29613474

1+ Trillion!
We will never be free as long as the Rothschild banks are in power.

>> No.29613614

>>29588678
Enough to live of interest from staking

>> No.29614220

800k eur to live till I die.

>> No.29614916

Few thousand USD. I'm poor af, but I made same good calls at good times. If I can keep this up I hope I net at least 2-3K profit if not more.

>> No.29615110

>>29613333
Tbh if you just yield farm USDC with 200k you would be making 20k a year. Pretty much tax free considering the standard deduction. Buy a cheap ass house with a $800 mortgage and you're set.

>> No.29615230

>>29588678
2 million

>> No.29615495

>>29588772
spbp

>> No.29615584
File: 12 KB, 223x226, 1591760825227.png [View same] [iqdb] [saucenao] [google]
29615584

>>29589670
>not even in an age group yet
>already in 90th percentile of 25-29

IAGMI

>> No.29615602

>>29592501
Making money from shitcoins and losing money on shitcoins are not always the same thing anon. Those who post of fall for obvious scams and rugpulls are indeed financially illiterate, while those who buy shitcoins for cheap before they're shilled here or on twitter/ reddit/ youtube are the based ones that make it.

>> No.29615722

>>29607134
what do i gain from lying? I never understood this. Either contribute or move on.

>> No.29615773

>>29610057
The chart starts at the median and in pretty much all cases the median amount is relatively low. I won't be surprised if the whole median is solely because of home equity.

>> No.29616310

>>29608594
You would be amazed at how many well off people are on here amongst those that will hopefully make it one day. Really I come here for Fit / Biz / Pol I like takign breaks and this place with its lack of filtering is refreshign to me given my line of work and PC culture. One day we won't have even this anymore so enjoy it while it lasts.

>>29609069

I am a goyim, I just watch those and try and replicate their actions so I too can be in a position of power.