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/biz/ - Business & Finance

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30151668 No.30151668 [Reply] [Original]

Is $2 million enough to make it and retire and live a upper middle class life, put it all in a index fund and have your wealth grow over time?

>> No.30151910

Spotemgottem would never snitch, he isn't built like that. Also no, it is enough for a lower middle class life though.

>> No.30152013

$80k/year in passive income is middle class at least for a single person

>> No.30152026

he looks like one

>> No.30152118

i want to put 1mm in the divvies and then continue to trade with the rest because its fun

>> No.30152120

Pooh Shiesty tethered up, check his etherscan
The market will crash

>> No.30152280

>lower middle class life though.
8% APY on 2 million is $160k, you have no idea what your talking about

>> No.30152337

4% should be taken out for living expenses, and the other 4% should go back into investments

>> No.30152645

Are you fucking retarded?

Upper middle class
500k to 300k
Middle class
300k to 200k
Lower middle class
200k to 70k
70k and lower.

>> No.30152655
File: 354 KB, 311x490, spotemgottem.png [View same] [iqdb] [saucenao] [google]

a lifestyle like this compares to like 1 hour of the way spotemgottem lives his life

>> No.30152788

HAHAHAHAHA you fucking amerimutts are beyond belief, that salary would be considered high middle class in Europe any day of the week

>> No.30152876

i wanna be this so bad

>> No.30152904

Yeah cause you live in a fucking shithole lol.

>> No.30152907

You're kinda delusional my man. The median household income across the country is just around 70k. I don't think 50% of Americans are living in poverty. We can both understand the dissolving middle class, but 30-45k would be closer to poverty tier.

>> No.30152914

Europoor for a reason

>> No.30153061

you can't really compare that to europe where you get less net income but get more free stuff. then it also depends on the location, 70k wouldnt be much in new york or zurich, but it would be a lot in poland or the american equivalent of that shithole

>> No.30153082

I live in Northern Europe, keep coping

>> No.30153187

>calls us poor
>requires a 200k salary just to survive

>> No.30153484

If you don't have the newest smartphone you're poor, simple as

>> No.30153683

nice humblebrag

>> No.30153717
File: 36 KB, 837x500, cuck.jpg [View same] [iqdb] [saucenao] [google]

I see this cycle brought some new people to this space

>> No.30153807

50k bongdollars a year is not "high middle class" by literally any metric

>> No.30153878

Why do these trash niggers keep popping up on /biz/?

>> No.30153891

what a poorie mindset. stay broke!

>> No.30153967

there's like 3 threads with this idiot in the OP. OP is a faggot, like always.

>> No.30154036

He 100% looks like one
Also manlets when will they learn

>> No.30154052

$70k a year translates into ~60000 kronor/month, which is high middle class by every metric

My point stands

>> No.30154078

because biz is reddit now

>> No.30154270

>nigger A said nigger B something nigger C
why post this trash OP? I see enough niggers everywhere in the media, I am sick of them, they look ugly, they can't speak properly, they smell like shit, they are violent and sexually perverse. Enough niggers, I hate niggers, keep your nigger shit to yourself

>> No.30154496
File: 114 KB, 400x300, 1606442956829.png [View same] [iqdb] [saucenao] [google]

>be american
>need 200k a year to drive 3 hours to work in shitty traffic, pay income/property/capital gains tax for next to no benefits, and live in a gay suburb 50 miles from the nearest amenity (Walmart)
the only good freedom we have is shooting guns on a plot of relatively cheaper land, everything else sucks. wow what a great middle class lifestyle.

>> No.30154595
File: 1.66 MB, 960x1188, 1613688657997.png [View same] [iqdb] [saucenao] [google]

Spotemgottem isn't a snitch.
Listen to him yourself, I find he presents quite compelling evidence.

>> No.30154666

Me too someone end my suffering pls

>> No.30154676

this is FUD
spottem gottem would never do another nigger dirty like that

>> No.30154763

Why do you suffer?

>> No.30155201

My inner six year old is extremely jealous of the lights on his shoes

>> No.30155831

hes a rat and hes fucking gay

>> No.30156028

>Is $2 million enough to make it and retire and live a upper middle class life, put it all in a index fund and have your wealth grow over time?
You forgot taxes.

>> No.30156347
File: 9 KB, 353x363, 1600768393345.jpg [View same] [iqdb] [saucenao] [google]


>> No.30156406

uhg. /biz/ i come here to get away from baboons yet you keep posting them

>> No.30156462

stfu you dont even go outside and probably sit in a boring office full of white people all day

>> No.30156538

thats just a reflection from the flash. sorry to burst your bubble

>> No.30156625


this is a circus, be entertained.

>> No.30156779

left one looks like a little monke, after watching a monke thread on /gif/ its uncanny

civilization has not been kind

>> No.30156841

im a neet, and i got tired of social media and quit them all to make internet money.

what annoys me most. I was counting the days til the end of black history month. NOW it's finally March and you kikes STILL post these savages

not when you guys keep reminding me that the monkeys think they're entitled to destroy western civilization because muh slavery

>> No.30157105

Retire? Yes
Upper-middle class retirement? Debatable. You'd probably need 3m-4m for that, enough to have six figures of income purely from (interest -minus withdrawals).
Unless you're aged 60+, 8% withdrawal rate is way too high. The standard recommendation for "indefinite" savings is 3.5%-4.0%, and even then there are rare cases where it will fail in the right circumstances (retiring in a recession, etc).

>> No.30157137

ive been on 4chan since 2011 and spottemgottem is the best meme all year

>> No.30157153

>left one looks like a little monke,

Cus he is one. Look at the little chimp. He needs to be tied to a box.

>> No.30157402 [DELETED] 

you want to be an adult nigger who looks like a 12yo who has absolutely no talent with a painfully obvious below room temperature IQ?

buy a gun and kill yourself with it or die trying.

>> No.30157416

Is he retarded? I can't understand what he is saying.

>> No.30157589

4chan is now reddit and they have brought their cuckiness with them, I'm unironically going to tor, fuck these faggots