is $1 million still a lot of money?

[Anonymous No.54844198]

[Anonymous No.54844203]

>>54844198
A lot? No. Buy still permanently life changing for people with an ounce of self control.

[Anonymous No.54844247]

Yes 1 million is a lot of money you absolute mongoloids
this board is retarded

[Anonymous No.54844281]

>Live in a shack
>Put it all in short term CD's
>interest easily pays for your entire lifestyle with plenty leftover for other investments

Life on easy mode, achieved

[Anonymous No.54844340]

>>54844198
enough to fuck decent hooker once a day for about 3 years, so quite a bit

[Anonymous No.54844350]

>>54844198
2,850,356 eggs. you tell me

[Anonymous No.54844366]

>make 31 an hour
>can live a comfortable life
>would take me 20 years to wage for a million dollars post tax

Idk anon it’s just 20 years of work

[Anonymous No.54844402]

>''My father gave me a small loan of a million dollars'' - DJ Trump
There's your answer

[Anonymous No.54844412]

>>54844366
Compound interest though.

[Anonymous No.54844585]

>>54844198
>is $1 million still a lot of money?
yes but not that lot.

You need at least 3mil now to start, thanks to inflation

[Anonymous No.54844809]

>>54844340
And if you've got an 8 inch dick probably twice a day for the same amount

[Anonymous No.54844825]

>>54844402
This was in the 80s? Would be like 50M today

[Anonymous No.54844827]

No. If you've ever seen it cash you'll realize just how small it is. Even in $20 bills.

[Anonymous No.54844949]

>>54844198
It's comparable to $200k a decade ago

[Anonymous No.54844958]

>>54844827
PM chads stay winning

[Anonymous No.54844991]

>>54844198
If you don't have at least one million of capital by the time you are 19 it is literally over for you and are doomed to the poverty.

[Anonymous No.54846464]

>>54844198
It's excellent seed money to start some business venture. It isn't retire-early money in the first world anymore though.

[Anonymous No.54846576]

>>54844198
The vast majority of people will never have a million dollars. Even most "millionaires" don't have $1 million in liquid assets. By that criterion, yes it's still a lot of money.

[Anonymous No.54846683]

>>54844198
Yes and No, it depends on the context....so to answer your question, yes.

[Anonymous No.54846824]

>>54844198
Not even close. Probably dead in the middle middle class

[Anonymous No.54847983]

>>54844198
Depends.
If invested properly now and spending control it goes a long way.
Most of us here have had little to nothing so it may seem like a lot

[Anonymous No.54848094]

>>54844198
Well it depends
I live in Argentina where the exchange rate is 1 (usd) = 500 (arg peso) and the inflation is 104% annually. I've been making a measly 2k per month investing in shitcoins (PAPA, PEPE,DOGE, you know the drill) and it's enough to live with relative comfort, now imagine what 1 million would do to my life if i ever made so much.

[Anonymous No.54848110]

>>54846576
Im dumb bros, what the fuck does greg mean by this? The circle on the left is clearly bigger

[Anonymous No.54848118]

>>54844809
cumbrain detected

[Anonymous No.54848126]

>>54844402
standard small business loan

[Anonymous No.54848151]

>>54844198
that's only 30 grand, anon.

[Anonymous No.54848165]

A million in cash is a lot of physical money, but a million in assets is very little.

[Anonymous No.54848173]

>>54844412
>Compound interest
jewish bullshit.

Usury is immoral.
Everything in the fucking universe is subject to the laws of entropy. except jewish finance apparently.

[Anonymous No.54848186]

>>54844203
>>54844827
Try counting to 1,000,000 then tell me it’s not a lot.

[Anonymous No.54848213]

>>54844198
It's not retire money but it buys you assets and gives you a base to take career or business risks that could pay off that you didn't have the luxury of doing before.

[Anonymous No.54848216]

>>54848165
I have a net worth of >$1M, not including my primary residence. I can assure you $1M is not "fuck you" money. It is "fuck, we need to buy a new refrigerator, whatevs" money at best.

[Anonymous No.54848318]

>>54848216
>lives above his means.

[Anonymous No.54848325]

>>54844198
almost worthless now.

[Anonymous No.54848833]

>>54848318
fuck off, faggot.
If I lived above my means, I wouldn't have accumulated a net worth well above the median.

[Anonymous No.54849250]

>>54848216
I can assure you that you don't have 1 million in cash, otherwise you wouldn't be fretting about basic expenses of home ownership.

[Anonymous No.54849434]

>>54848325

I hate people like you

[Anonymous No.54849674]

>>54849250
reading comprehension = FAIL

[Anonymous No.54850400]

>>54849674
That all but confirms you don't know what 1 million in cash can do. Thanks for your honesty.

[Anonymous No.54850462]

>>54846576
Literally everyone young today will have a million dollars by the time they retire.

[Anonymous No.54850757]

>>54844198
with $1 million (after taxes), you can buy a ranch in south america, 200k in PMs for tradition reasons, a second citizenship quickly if you need to renounce US citizenship, and still have some left over for investing in foreign commodity-producing low P/E stocks that have dividend yields average 15%.
Yeah it's a lot.

[Anonymous No.54850795]

>>54848833
>above the median
that's an awfully high bar

[Anonymous No.54850901]

>>54848094
you're a double retard

[Anonymous No.54851279]

1 mil of today would be over 1.7mil 28 years ago

[Anonymous No.54851635]

>>54844402
Trump was a DJ? Thats why theres so many pics of him hanging around rappers

[Anonymous No.54851875]

Making only 20k a year over a 50 year career is a million. It's fucking nothing.

[Anonymous No.54851938]

If I had it now, tax free? Of course. Just diversify that in index funds, REITs, some bonds, a few individual stocks, and other investments so that I don't have to worry about retirement.

I make 75k a year and already have a $125k portfolio. I can afford to take more risks like crypto and doing options since I have something to fall back on, but I'll take calculated measures.