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/biz/ - Business & Finance

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51284932 No.51284932 [Reply] [Original]

After tax. Only 27 years old. Not about to gamble it all on digial shekles. What should I do?

>> No.51284968


wait for the housing market crash. Then buy real estate.

>> No.51284987

buy high risk calls

4.5 million usd is not enough these days

you need atleast 15 million

>> No.51285072

Lucky bastard

>> No.51285102

Lucky Jew bastard

>> No.51285103
File: 237 KB, 550x527, 54ht78k0h.png [View same] [iqdb] [saucenao] [google]

Here you go, enjoy life. I hope I get to be as lucky as you and find financial freedom as well.

10% S&P 500
10% VTI
10% SPY
10% QQQ
10% SQQQ
10% Bonds
5% VYM
5% VIG
5% crypto (btc, eth, link)
5% pmg (4% Gold,1% Silver)
5% emergency fund
5% play fund

>> No.51285109

precious metals and real estate.

>> No.51285111

>you need atleast 15 million
Okay retard, even if thats true OP could just move to a cheap country with 3x the purchasing power and achieve the same results without any risk.

>> No.51285124

>real estate
Do not do this right now.

>> No.51285198

And die under the wheels of a car that has been driven by the son of the corrupted official, or been robbed by local poor niggers

>> No.51285212

>implying there are no local poor niggers or drunk drivers in the US/Europe/Australia

>> No.51285228

throw it into lunc and watch it 10x

>> No.51285232

The smart thing.
>Buy a house you can live in for the next 20 years or so
>put a big chunk of it into a diverse portfolio of stocks and bonds, probably index funds
>start up a small business with some of it
>go nuts with a few hundred thousand (you won't be able to resist, set a budget for it and watch how fast you burn through it if you don't believe me)
>set aside enough to live normally and pay bills for a year or two

But if you've got a big idea of some sort you could always spend a million or two to start a company.

>> No.51285246

Wait until real estate crashes. Buy land in desirable tourist location. Build Airbnbs. Get someone to do all the work booking and cleaning. Live off the income. Never work again.

>> No.51285378

OMFG, that's a lot of money. That's 82kgs of gold. That's just unreal.

>> No.51285630

>buy a house in the middle of nowhere
>neet it up for a few decades by living off the money
>be old, still have plenty of money but no son
>find good woman to pass seed onto
>fuck her and send her home with 100k once pregnant with a non retard boy
>set aside a million bucks for your son when he becomes of age
>never even interact with him or his mother

>> No.51285760
File: 204 KB, 1074x1277, IMG_0381.jpg [View same] [iqdb] [saucenao] [google]

SOXL is the answer. Face it. Semiconductors are crack in all but name. The desire for newer, faster, more is insatiable. Computers, GPUs, self-driving electric cars, AI enhanced smartphones, medical devices, microcontrollers, networking gear, machine learning, surveillance, infrastructure, military, the list goes on. No matter how many cores, how fast or efficient, demand requires bigger, faster, cheaper, better. The clamor for fresh silicon gives nary shit for national identity, creed, hue, gender, asshole virginity or other vain conceit. The multitude speaks in singular. The plea: semiconductor.
SOXL couples a single ETF entry point with the the best companies the space has to offer then pushes the already stellar returns to the limit with 3x leverage. With SOXL your economic interests are aligned with hardware powerhouses TSMC, Nvidia, Qualcomm, Intel, ASML, Broadcom, AMD, Micron, Texas Instruments, Applied Materials, et al. Real tech companies with innovative products people want, not """tech""" """companies""" pushing shitty ads. And like all leveraged ETFs, SOXL is rebalanced daily, accelerating gains in an upmarket while eliminating margin risks in a down.
In the last 9 years, SOXL has exploded over 170x (not even counting dividends!) yet still we are early. Semiconductor growth will proceed exponentially until every viable space is saturated with it. This is a fait accompli; the sheer number of interested parties and compelling outcomes make it so. The injection of increasingly compact and efficient sensors, microcontrollers, information processing, storage, and machine learning into everywhere and everything will be this era's seminal revolution, a revolution with SOXL holders planted firmly at the receiving end. Stop waiting for the "pullback". Where we're going, fretting over a few dollars is meaningless. The deliberation is over and waiting is a failure mode. Now. Buy it now.

>> No.51285775
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Move to Cambodia, have 50 kids and become president. thats what i would do

>> No.51286391

all stocks in QQQ are also SPY, which is the same as S&P500, which are also all in VTI
You're a brainlet

>> No.51286414

Throw 65k at ICP, get a 10k icp forever make it stack, and then put into the NNS for guaranteed good returns for whatever duration you want.
With a 5k locked stack, you could easily generate 10icp a week, which at a conservative price of $100/piss, you’re making 52k annually for fucking free.

Biggest take away, use your money to make passive income. Dont fuck with principle unless its to get more returns for passive to operate with.

>> No.51286422

Recipients do not pay taxes on gifts. Only the donors

>> No.51286481

to stay safe, I'd have staked about 40% of this funds on Spool, and DCA the rest into other good assets.

>> No.51286484

Lmao buy a house, car & some dumb shit you want

Stick the other 90% in high div shares and never work again. No point gambling on shit coins when you have already made it.

>> No.51286552
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You're smart, don't gamble it all on digital assets, gamble only 40% at most.
You can even buy with crypto from one of the Utrust real estate partners. And you can earn 1.5% cashback with each transaction.

>> No.51286598

Dump most of it, if not all into Utrust and see it go ×20

>> No.51286610

For 1 million you can suck my salty nuts.

>> No.51286650

Who knows? there are some good stuff, I mean Allianceblock has been working on some cool products which will bring a change to DeFi.

>> No.51286684

> Contact Lawyer to set up trust holding company and Private bank accounts
> Contact accountant to explain tax affairs
> Deposit all money into Trust account
> Buy a home and vehicle and furniture $500k
> Set aside an emergency fund to handle a few years of expenses $500k
> Take $2M and diversify into - S&P500 , Total Market , Emerging Market , Energy , Minerals & Bond ETFs , REITS ( Spread across the West and Emerging Markets)
> Take $1M and buy 3 to 4 rental properties CASH...
> Keep $500k Cash just sitting
> Blow $250k
> $250k max on Crypto

After two years spend only a minor 1.5-2% withdrawal from your Stocks/ REITs Bonds and whatever from your rentals

There’s no need for crypto at your level desu you’re done...Ofcourse adjust for any professional fee costs

>> No.51286702

>Get a high end accountant.

>> No.51286720

do a few giveaways to people in this thread, of course

>> No.51286735
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>5% crypto
List of coins to choose from
The smaller the cap, the larger the potential profit.
L1 L2 blockchain coins are based.

>> No.51286744

Stop being delusional anon

>> No.51287173

If anon stakes it on Maiar, making it ×50 is definitely possible

>> No.51287194

The housing market isn't going to crash. Buy now or be priced out forever.

>> No.51287235

buy 4.5 million scratch cards all in one week and you are statistically likely to win the lottery.

>> No.51287792
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I know you're larping. But who cares. If you don't get into Blockchain based crypto projects at this time, you have yourself to blame. The next bull run would be televised

>> No.51287803

Its already begun. Sell now or be trapped

>> No.51287810

>T. Yiddish Banker

>> No.51287812

If you add GEEQ to that list, you'd be closer to the mark. Just like Qanx, it's possible to extent geeq to get quantum resistant properties

>> No.51287845
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A whole lot's of them have nothing to offer, they are just trash and facing challenge in growing because of their redundant nature.

>> No.51287883

Although there are no quantum computers now, harm appears to be imminent. I'm not sure how much harm they'll do in the future.

>> No.51287987

Blockchains are ahead of their time. But the adoptions are catching up with the innovations. It's only a matter of time before Blockchains become the predominant means of payment

>> No.51288014

I'm observing what's going on. It's good to be preemptive, but I don't think quantum computers have become a problem yet.

>> No.51288038

try heroin. it's a lot of fun and with 4.5 million you can afford it.

>> No.51288045
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Lets hope so, I appreciate their concept of a minimal transaction charge and a security architecture.

>> No.51288052

when BTC falls below 5 figures, buy many shitcoins you like. don't buy just one, buy 20 different coins, and then wait until the bullrun. thank me when you hit 9 figs

>> No.51288056

It's nothing shiny rock retard.

>> No.51288063

Think about saving your money first, then think about how to profit

>> No.51288067
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Kek, you must be a puzzy. Must you wait until they become a problem

>> No.51288393

You don't deserve it if you do.

>> No.51288868

Buy multi family real estate to be precise.
You've got enough to buy a few and hire a property management company to deal with the tenants.

I'm looking to do the same, and I'm going to buy in the small, high trust rural town where I grew up.
The last thing you need is to buy some shit box in the middle of an urban area that's over priced and needs defended from niggers like it's the fucking Alamo.

>> No.51289208

Whatever you say faggot. Prepare to be priced out forever.

>> No.51289226

Lol, no it hasn't. It just slowed down. Inflation is so rampant there is no reason for prices to come down. You will be waiting your whole life for a "crash"

>> No.51289262
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The metastaking and metabonding is enough to do that. If you add onchain staking then it is a plus

>> No.51289270

Before that happens, the complexities around web3 identity authorization must be dealt with.

>> No.51289280

Let rip a one milli hand of baccarat for the lols

>> No.51289301


Congrats, man - that's a good starting stack. You need to 10x it, though, realistically.

Are you unwilling to buy crypto whatsoever? That is the only thing this board really has expertise in, so anything else they say is probably utter bullshit like buying physical silver, or putting it in a lower-than-inflation trad investment vehicle of some kind.

FWIW I have $15mil in crypto rn and that's 98% of my net worth. Wouldn't have it any other way.

>> No.51289345
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Don't be a retard and gamble anon. Invest into things like bitDAO. Diversify and grow your wealth into something sustainable. Don't be a degenerate.

>> No.51289411
File: 39 KB, 506x507, 3hxXAymk-crypto.jpg [View same] [iqdb] [saucenao] [google]

How about the concept of ORE? where users are given full control of their identities through a single ID and password? I think that's a fundamental component of security.

>> No.51289445

Buy Bitcoin, real estate, and some indexes/securities of your choice. Don’t overthink this. You made it.

>> No.51289631

>Not about to gamble it all on digital shekles.
based. unironically just put them in something that gives you decent passive income; maybe dividends

>> No.51289746

>passive income; maybe dividends
No such thing. Inflation is too high. Everyone is just hedging now.

>> No.51289782

I refuse to be a land lord after america went full commie with the eviction moratorium.

>> No.51289831

What country?

>> No.51289903

buy a nice property innawoods with a lot of land. buy a bunch of gold/silver and bury it on your property. like a million worth. get a bunch of crypto too. wait for real estate to go down and invest to buy property. live off the rental income. if you so choose, you can deal with the risk of getting married(ie divorce rape) now because if you get divorce raped you can just dig up your gold/silver and live off that + the crypto if you are smart with how you hide it

>> No.51289941

The ideal choice is an more self sufficient country that won't get utterly destroyed by financial fuckery. Ideally agricultural.

>> No.51290158

You just described ukraine lmao.

>> No.51291875

Well, there are other better decent opportunities to make passive income in crypto. For example, liquidity mining pool such ORE/ETH with about 55% APY. The only con is that it's time limited

>> No.51291877

You're crazy

>> No.51291895
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Well, that's the whole point of account protocols bridging web2.0 identities to web3.

>> No.51291923


>> No.51291954
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The cashback is also another good incentive

>> No.51291964

>Net worth: a few bags of shitcoins

>> No.51292227

If you can earn 3% annually on $4.5m that's $135k/year of passive income.

>> No.51292945

Meanwhile double digit inflation. Are you fucking retarded?

>> No.51293175

go buy a $1million dollar ranch in Wyoming
stay there and never post here again

>> No.51293227

Don't get psyop'd into losing your millions by /biz/ of all places. People here will crab you no matter how much you have. Put 80% of your money into safe investments and buy LINK with the rest. Thank me later.

>> No.51293261
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If that looks like a bot to you, then I really wonder who the BOT really is.

>> No.51293317

1 mil. XRP, just in case.

>> No.51293333

Makes a lot of sense. Anyway, it's believed that easy usability and security are among the three major things needed to be improved for wide adoption of DeFi services

>> No.51293438

Cool it with the antisemetic remarks.

>> No.51293622

>>After tax. Only 27 years old.


>> No.51294449

If you invested in dividend stocks you could live comfortably. Your yields would be well above the average cost of living.

>> No.51295326


>> No.51295999

I kinda hate the diversification, it's too much

Lunc is a mess


>5% crypto (btc, eth, link)
Putting 30% in crypto isn't a bad idea, adding Slt, Dia, sylo, ftm and vet isn't a bad idea, since he can generate passive income on them.

>Do not do this right now.
Why thou? I know frens who invested in real estate and are comfy.