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/biz/ - Business & Finance

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52478608 No.52478608 [Reply] [Original]

100k is a huge sum of money

>> No.52478636

For you Raj

>> No.52478682

>>52478608

Hardest part is the first 100k, then it gets a lot easier

>> No.52478683

>>52478608
It really is. Even people that make like $250k a year only have like a weeks worth of money. The normie is unable to save no matter how much they make. To have hundreds of thousands is rare.

>> No.52478695

>>52478682
it's not and you're outing yourself as a poorfag.
t. been in six figure hell for 4 years now

>> No.52478711

>>52478695
Truth I got wiped out when I hit 49k.

>> No.52478719

>>52478608
Yes. It is.

>> No.52478726

>>52478608
SHUT THE FUCK UP!!!!!!!!!!!!!

>> No.52478734

>>52478695

Took me 3 years to go from -30k to 100k NW, 2 years later am at 600k NW.

>> No.52478735

>>52478719
Why do you punctuate after every. single. word
It just screams ESL.

>> No.52478745

>>52478608
I just need $500k to slum it up

>> No.52478755

>>52478608
Holy Cope. 100k is chump change. High level NEETs can make that in under 3 years without even lifting a finger.

>> No.52478761

>>52478608
what the fuck are you supposed to do with 100k? buy a house in bumfuck nowhereville?

>> No.52478804

I have a 70K salary
After the government gets done raping me it's more like 45K.
Then after the landlord gets done raping me it's more like 25k.
Then after the interest on student loan get done raping it's like idk, 5K a year?
It wasn't supposed to be like this. Not sure why I even go to work, I'm a 35 year old miserable virgin. What the fuck am I doing. I think I'd rather just kill self soon, there's nothing in the world to believe in anyways.

>> No.52478827
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52478827

>>52478608
$100k is nothing
What do I spend it on? A car I can't afford to maintain? A downpayment for a shitty house?
I'm just gonna wait til I have like $200k saved up and go poverty neet for 20 years and then die.

>> No.52478845

>>52478608
most people would work 8 hours a day, 5 days a week for a whole year for that kind of money, so yeah, I guess
Unfortunately it barely even covers the cost of living for a year these days

>> No.52478858

Man the demoralziation kikes are heavy handed tonight jesus christ.

>> No.52478866

>>52478845
most people are miserable poorfags struggling to pay for things literal peasants took for granted 600 years ago, like homes.

>> No.52478881

My coworker yolo'd his stimmy into Doge and flipped it into Eth. He made 70k at the top and he looked at me and said "You know, one million dollars doesn't seem like a lot of money anymore". The same asshole who was living paycheck to paycheck before I told him about crypto. Well I knew that was the top and I got out then and there

>> No.52478895
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52478895

>>52478827
My literal nigga. Yeah $100k ain’t shit wtf am I going to do with that? The dividends are ok but nothing that will change my life. Around $500k is the minimum to say you have any level of wealth.

>> No.52478900

>>52478866
yeah, me too, I have barely made 5 grand a year the past 10 years, is not qualified for any sort of welfare, and I started mining btc in 2010 lol
life will fuck you up

>> No.52478905

>>52478735
all your posts scream low iq.

>> No.52478929

>>52478900

Bruh if you started mining btc in 2010 you should have 8 figs.

>> No.52478931

>>52478929
wiped out by his electric bill

>> No.52478932

>>52478682
The opposite. You can just wageslave to 100k.

>> No.52478933

>>52478895
based, good luck out there low 6 figure bro

>> No.52478956

>>52478608

I met a man who owned several businesses, he had a $1500 floor polishing tool he said generated over a million dollars within a ten year span taking jobs. This was nearly 20 years ago. Also owned a snow plowing business.

>> No.52478959

>>52478895
yeah.... if you don't invest in bullshit divvie traps you need at least 300k or so to make 1k a month

>> No.52478972

>>52478858
Who wouldn't be??
The ftx fags will get off scott free in jewkraine while the Jewsa goverment fucks me in the ass

>> No.52478981
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52478981

>>52478956
any other examples of good equipment investments to share?

>> No.52478993

>>52478895
what app is this

>> No.52479009

>>52478929
yeah I know, I spent most of my earnings in 2011 on my mothers funeral and after spiralling into depression I got fired and had to use the rest to pay my bills. Sold my last btc for $8 only weeks before it went to $1000. You cannot imagine my pain, but life goes on (in poverty and homelessness)

>> No.52479044

>>52478956
The labor to run a floor polishing machine isn't free, even if it's your labor. I don't doubt he made good money from his investment but you have to consider the lost opportunity cost.

>> No.52479052

>>52478932

exactly what I meant. Before you can even start making money from your capital you have to grind for a bit wagecucking. The first 100k almost all your gains in NW will come from stacking cash from a 9-5, then when you hit 6 figs the market starts to help you out a bit. Once you hit 100k you will get 7k a year from SP500 avg returns, 200k will get you 14k, 300k 21k/yr, and so on. Once you hit a mil, your NW might increase by 100-200k just from market movements in a good year, and decrease by a lot in a bad year, but in the long run it's average a positive return of 7% inflation adjusted.

>> No.52479078

>>52478933
Checked. Keep strong bro.

>> No.52479083

>>52479052
>stocks always go up
what if they go down though

>> No.52479162

>>52479083

they might but if you DCA into the global stock market over several decades and don't get positive returns you have bigger things to worry about

>> No.52479184

>>52478993
Vanguard

>> No.52479242

>>52479162
>decades
Boomer investment strategy is so cucked man. Just invest in bottomed shitcoins and flip them for 7-8x

>> No.52479253

>>52479162
Yeah but you are talking about return for year.
Maybe over a decade I will be up.
But if I am down a single year in that decade, the absolute agony will be unbearable.

>> No.52479259

>>52478981
Excavators, skid loaders, dump trucks
You can always hire guys to run them

>> No.52479305
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52479305

It was always a lot of fucking money brehs

>> No.52479332
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52479332

I went from 50k to 170k an was ecstatic. Then went back to 40k and was depressed. Then bounced to fucking 1,5MM, but let most of it bleed out like a retard. Then the FTX hack fucked me out of another 60% of my portfolio and I am now back at 60k with unexpected bills on top that might force me to liquidate at this fucking time in the market.
Holy fuck im so fucking done with this….

>> No.52479368

>>52478682
word.

Had to Save heavily for 8 years to do 80k, and now I made that on a year

>> No.52479386

>>52479259
i've heard this before. how do you find clients? just leave flyers around jobsites, talk to the foremen, post ads in certain places...?

>> No.52479557

>>52478804
Find Jews and politely request their money. Be the hero we need.

>> No.52479719

>>52479386
Somebody always needs shit done. If you're in the right area and you own a mini excavator of sufficient power (minimum a deere 50g imo) you will have work for that thing all day every day and you'll have a waiting list all summer. Thing is that if you want to make money you have to do your own transport, which means owning a fairly big truck as well, to move out to sites. The excavator is about a 120k machine new and the truck maybe 40-50k used.

>> No.52479777

>>52479253
>>52479242

The attitude of these 2 posts (and 90% of biz) is why the saying "The stock market is a device for transferring money from the impatient to the patient" is so true. ADHD zoom zooms can't into investing, they only think with the mind of the gambler looking for a get rich quick scheme and instant gratification.

>> No.52479796

>>52479777
Checked. Except the population is stagnating so the stock market they know is going to look like Japan’s over the last generation

>> No.52479838

>>52479796
Thats what the consooomer coin is going to be for. So no bad goys save their money. Need to buy product.

>> No.52479858

>>52479777
I don't even put money into my 401k because I can't handle the thought of stocks going down.

>> No.52479891

>>52478608
That's nothing
I have never, in my life, ever, held in my bank, savings, cash, broker, etc, more than $2000. I am a dirty unwashed poorfaggot and I used to think $1000 was an insane amount of money that could buy you anything. My parents were both white niggers so they taught me fuck all.
At this point I don't think of the day of the rope, I just think how can I ruin people at the top's day. Maybe I'll go key a mercedes in the snooty neighborhood.

>> No.52479896

>>52479719
Trucks suck. Get a Chevy Van with a V8. It can tow that thing and not even feel it. Plus, you get more room to store things.

>> No.52480046
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52480046

>>52479009
Damn bro. I pray that you are rejuvenated by New Years to start living your best life.

>> No.52480076
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52480076

>>52478804
I feel your pain anon. Between my wife and I, we pay over $120K a year in taxes on our $300K salaries

>> No.52480132

>>52480076
You make more money than I will ever see in a lifetime though. How is it that painful. Suburban white people are literally the most cringe excuses for human beings.
"Oh nooes :( this life I live hurts sooo much, I'm literally crying in my house and 3 cars and lavish travel record"
Suck it up fag you're loaded. If I saw you in minecraft I'd pull out my shovel.

>> No.52480150

>>52480132
I wear Casio and drive a Kia. You'd never figure out who i am.
t. Community College graduate who didn't go to college until 25

>> No.52480154
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52480154

>>52478608
going from 0k to 100k feels much better as an accomplishment than going from 100k to 1000k

>> No.52480178

>>52479332

If 1.5 million wasn't enough for you no amount was enough.

>> No.52480196

>>52478734
Norwood 600k lmfaooooo

>> No.52480246
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52480246

>>52480132
He’s trying to demoralize you. Kicking a man when’s he’s already down. Not very frenly.

>> No.52480252

>>52478608
500 would able to feed me a month plus rent.

>> No.52480265

>>52480132
You have to calm down dude.
I'm poor likely poorer than any other American lurker/poster anon here.
I don't blame anons here for having more than me.
I don't blame god

I don't blame my parents.
I blame myself for making dumb decisions which lead me to where I am now.

I'm manic depressive and it's bad and with crippling health conditions, I had a manic episode and spent all my money twice not on myself just gambling like an idiot.
It took me losing it all two times to find out I'm manic depressive I had suspected it but it's like stepping into another body then waking up and realizing you just murdered your family.

I'm gonna rebuild again even though my window on this planet is closing I'm being forced to work in conditions that aren't conducive to my mental or physical wellbeing but who's fault was that?
Certainly not some frogposting fren on /biz/

>> No.52480397

>>52479332
>had 1.5 million and fucked it up
You're just a greedy faggot