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/biz/ - Business & Finance

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30007694 No.30007694 [Reply] [Original]

In today's terms, how much USD would you need to make it?

>> No.30007811
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30007811

>>30007694
~$3.50

>> No.30007874

Money is a byproduct of success, not a metric of it.

>> No.30007883

>>30007694
exactly $38 230 842.56 no more no less

>> No.30007976

3.5M USD to live in Asia megacity with $1.2 USD M penthouse

>> No.30008013

3M

>> No.30008024

>>30007694
about $4-500k is definitely enough.
if i budget it and bitcoin continues to give enough on 5% position i can possibly get by on $200k.

>> No.30008025

>>30007694
Depends the jump from minimum wage to like 30k is signficant but you don't really see a significant change in lifestyle unitl youre in $250000 +

>> No.30008099

>>30007694
>USD
>make it
Pretty sure thats an oxymoron

>> No.30008197

>>30008025
i'm above that technically now but half my net is completely illiquid and inaccessible at this date (i own realestate but can't sell). so i guess not yet.

>> No.30008289

1mi

>> No.30008355

>>30007694
20

>> No.30008364

Unironically just 100k.
That pays off student loans and my car which give me big pp credit. I already work a nice job I like that pays a lot.

>> No.30008380

In Canada I'd say you could get by relatively comfy with $2000/mo after tax income. With a 2% withdraw rate from a conservative stock portfolio that's like $1.2m Canadian which is around $1m USD.

Basically you need to try to acquire $1m dollars (possibly more) within the next few years to lock in generational wealth or you will become a bug-eater.

>> No.30008445

i just want a small house in or near a forest/small town. and live like a neet for the rest of my life, being able to do whatever i like. Prolly will be gu with 500k to start. make a perpetual money machine out of it and keep it going with as minimal effort as i can. thank god for DeFi

>> No.30008511

>>30007694
Couple milli after taxes, maybe three or four actually.
I have kids so my number is higher. If it was just me a million bucks would be enough.

>> No.30008558

>>30008197
I say 250000 as a minimum with an ideal finance situation e.g. not silly car payements and very conservative spennding. Still if you're in the bracket you say you are you could be more than comfy if you invest accordingly, however if you're in the USA or another western country I would take into account the certain/potenital turbulence of the next decade which could very well make it immensely harder to achieve true financial freedom.

>> No.30008693

For me making it would be being able to chill and do what I wanted so I think I could make they happen very easily at $2 mil. Now if I want to be a baller a shot caller like 100 mil but that's another story entirely

>> No.30008955

>>30008558
not in the usa and not comfy yet.
i'm overexposed in extremes: real estate and bitcoin.
i would like 60% of my net in something like the s&p500.

>> No.30009097

>>30008955
i guess my ideal portfolio would be
30% real estate
50% vanguard s&p 500 (or other stonks)
20% bitcoin (later down to 10% then 5%)

>> No.30009168

>>30007694
5 million checkem

>> No.30009391

>>30008955
It's a tough spot with the economy and looming changes, like you said it would definitley be nicer to have more liquidity, we'll just have to see how to crypto market and other markets pan out hopefully there will be a resbite from the shinanigans where you could move things about. Once you get comfy land would unironically be the best play you could make but again only when you're at a certain point

>> No.30009623

>>30007694
couple hundred k can set you up for streams of passive income

>> No.30010366

>>30007694
bout tree fiddy

>> No.30010408

>>30007694
More.

>> No.30011072

Thinking of money as a number is pointless, you should be thinking of how many people sit above you financially, the ones with power over you. Read some of those reports on wealth distribution to get an idea of where you sit.

If you have more than a few hundred thousand people above you on the wealth ladder, you need to keep climbing. Over a million and you'll be fucked if shit hits the fan.

>> No.30011076

3-3.5m if you want any life worth retiring young for.
This will account for taxes and give you about 100k usd a year if you cash out 3% a year and have it all invested giving 7% return per year on average.

Obviously if you buy property outright this reduces.

>> No.30011124

>>30007694
Listen to this anon:
>>30007874

>> No.30011127

5-10 million

>> No.30011204

$2m to be able to park your money in an ETF, forget about it, and make 6 figs passive income every year. That's the goal

>> No.30011227

>>30011072
>money is the only source of power
what is blood & soil? good luck feeding your (((family))) when robots and wagies revolt.

>> No.30011288
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30011288

>>30007694
$50k USD puts you in the top 10%

>> No.30011318

>>30007694
750k is what I need. Already have 1.25mm

>> No.30011447

>>30011227
You think if by that point you're stuck in a dead country they aren't coming for you? For everyone?

Money is opportunity, opportunity and execution is power.

>> No.30011453

>>30007694
with my living expenses I'd get by with 120k invested given an 8 percent return. around 80k invested right now :)

>> No.30011488

>>30007694
1 million dollars and I can make it in my third world shithole.

>> No.30011695
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30011695

>>30007694
1 million just for me, 1.5-2 million for me and mom, and 2.5-3 million to truly make it aka afford to do dumb shit once in a while instead of being frugal. With that amount of money I could buy a few apartments in Lisbon for renting, lend some stablecoins on AAVE or other defi platforms, and invest into some stonks, so overall I could make around 5-6k per month (3-4k for me and 2-3k for mom), and still have some spare money to buy a sailboat, travel the world, bang bitches and do drugs

>> No.30011882

>>30007694
3.5 million
>>30007811
based

>> No.30013006 [DELETED] 

1,5m at least

>> No.30013114

10-50k I could start a business easily with.
But anywhere in that range would be a huge step up from my position currently and would give me the room to make more.