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/biz/ - Business & Finance

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57304671 No.57304671 [Reply] [Original]

Is $500k alot of money?

>> No.57304695

>>57304671
in america, no. you can buy half a OSB cardboard box McMansion with that. anywhere else, yeah its good.

>> No.57304717

>>57304671
500k in a retirement fund will generate 10-20k annually in dividends. It will do this indefinitely. This is plenty of money to live off of in the US, assuming you are okay with a modest lifestyle.

>> No.57304734
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57304734

>>57304671

>> No.57304746

>>57304671
x10 that by going into $Agrs ( the ai jewman singularity token by choice ) and then yes

>> No.57304749

no not at all
even 1M USD isn't much
imo if you can buy a nice house and still have 1M USD left over for investing/business then you are doing good

>> No.57304756

>>57304671
If you owe $500K then yes
If you own $500K then no

>> No.57304786

>>57304717
>This is plenty of money to live off of in the US
it's not the 80's anymore dipshit wtf

>> No.57304798

>>57304717
If you live alone and only shop bare minimum at Walmart and never go out , yes.

>> No.57304922

>>57304786
>>57304798
Desire is the root of all suffering. Consumerism is a disease but it can be cured. Having a place to live and food to eat is more valuable than any trinket.

>> No.57304948

>>57304671
It's a good chunk of change to invest with. You can spend a year (or more) just making investing your "job".

>> No.57304979

>>57304671
Probably not, but it depends on your goals. If you want to never wagecuck again, then no. If you’re < 40 and want to never wagecuck while maintaining an enjoyable upper-middle class life that includes raising a family, having a house, travel, etc, then you need around $10m and a prenup. I’m 30 on around $14m, but only $5m of that is in fiat/stocks/property. Rest is in crypto lel. $5m “real” money just isn’t quite enough to “make it” if you want the aforementioned shit. You can live a standard middle class lifestyle on $5m though.

>> No.57305004

>>57304671
ugly girl

dumb question

bait post

>> No.57305007

The average house is still 400 something thousand that people pay off over 30 years. Yes 500k is still a lot of money.

>> No.57305025

>>57304786
you live in jewlifornia, don't you?

>> No.57305146

>>57304671
Should be enough to allow you to easily cover all your bills as a male without children or a girlfriend that needs complete financial support as long as you live reasonably. As soon as you add children or children equivalent (girlfriend/wife) into the equation, the $500k can vaporize very, very quickly.

>> No.57305295

>>57304671
it's enough to live comfortably for a long time, and it's a foundation to make a lot of money, but it is not a lot of money in the grand scheme of things

>> No.57305497

>>57304717
>500k in a retirement fund will generate 10-20k annually in dividends. It will do this indefinitely. This is plenty of money to live off of in the US, assuming you are okay with a modest lifestyle.
>>57304786
>it's not the 80's anymore dipshit wtf
Too bad he's retarded and wants to give his money to a "retirement fund" so a boomer can gamble away your shit and soak fees while you are cuck caged from your cash you could have bought a lamborghini and crashed into a tree with instead of "retiring"

>> No.57305883
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57305883

>>57305004
stop hating

>> No.57305972

>>57304671
Opening a BTC long with 10x leverage using that amount is enough to make it if you play your cards right. It's the same mindset I use to gamble for Beoble points, for example.

>> No.57305975

>>57304671
500k is literally pocket change

>> No.57306027

>>57304671
lets you live off it for 20 years, i would say yes

>> No.57306106

I love Snood

>> No.57306131

>>57304671
I wonder if it's annoying to be an actress and have to set up letting a jewelry shop loan you a necklace.
Annoying as in they really push them on any pretty whore they can find because they want to sell their rocks for 1000x.
I know an Addams family spinoff side character isn't paying millions.

>> No.57306348

>>57304671
yeah it is, if I had $500k I would never work again.

>> No.57307022

>>57306348
where do you live?

>> No.57307024

>>57304671
yeah

>> No.57307036

>>57304671
It's a life changing money for me

>> No.57307043

>>57304671
If you don’t plan on living very long, yes

>> No.57307101

>>57304671
im a 34 year old incel male and i want to goon in her vag

>> No.57307220

>>57307101
she is only 21 years old you sick fuck

>> No.57308528

>>57304922
That's below minimum wage, retard.