1 million dollars is literally nothing

[Anonymous No.57491915]

[Anonymous No.57491920]

>>57491915
sad but true

[Anonymous No.57491931]

>>57491915
this, you need at least 4MM in 2024 to make it

[Anonymous No.57491960]

>>57491915
it is if you live a blockchain lifestyle

[Anonymous No.57492157]

1BTC = 1BTC

[Anonymous No.57492198]

>>57491915
100 acres.

[Anonymous No.57492207]

>>57492157
its getting sad

[Anonymous No.57492240]

>>57491915

$1,000,000 = $1,000,000

$1,000,000 post-tax is a 400-500K home paid off in cash + an annual return of ~$30K/yr on an average 7% return from the S&P500.

Pop that in a savings account at 4.5% interest and you're collecting an extra 2K/yr from that just sitting there, or put it in the stock market for potential additional gains @ an average 8% return, plus the residual value of your home appreciating.

[Anonymous No.57492264]

>>57492240

Also, before we jump to the "where da fuck is a home 400K" (average US home, faggot), you use that as your primary home for 5-10yrs as it appreciates in value and interest rates on mortgages decline, meaning your house gains additional value.

Then in 5-10yrs you've netted an additional 150-350K in S&P500 residuals, you sell the house, put the gains into a nicer house if that's your goal, and either use residual income $ to not have a mortgage or get a mortgage and only use some residuals to bring down the monthly payment while reinvesting the rest, while continuing to net 30K/yr or more in free money

[Anonymous No.57492273]

bot thread

[Anonymous No.57492388]

$1m in 2024 dollars is $224k in 2000 dollars, objectively not nothing but not a lot.

[Anonymous No.57492415]

>>57492240
if you spend more than 3% yearly from your sp500 bag you risk consooming the capital
interest rates will go down confirming a market crash recession

[Anonymous No.57492419]

It is though.... demoralizer.

[Anonymous No.57492424]

>>57491915
I know what you're trying to do

[Anonymous No.57492433]

>>57491915
I need $6m and if I take a wife then it's $12m. I think about this whole scam-ass bullshit market all the time. Maybe I could take $25-50k and run off to some country with a low cost of living and fuck around until I die. Fuck I hate this planet

[Anonymous No.57492487]

>>57492240
>home paid off
don't forget to pay your property tax every year indefinitely, goy.

[Anonymous No.57492606]

>>57491915
$1 million will provide a $90k yearly income when invested in a BDC stock like ARCC. BDCs have paid out consistent dividends for years even in bad times.

[Anonymous No.57492617]

>>57492264
>put the gains into a nicer house
by then the nicer house also costs more, you genius

[Anonymous No.57492626]

>>57491915
soon 1 trillion will be literally nothing

[Anonymous No.57493032]

>>57491915
No, not literally. You mean figuratively worth nothing, which it isn't, not to you nor to any human being you know

[Anonymous No.57493236]

>>57492606
what are these acronyms?

[Anonymous No.57493300]

>>57493236
BDC = Business Development Company. They loan money to businesses at higher interest rates than the big banks. ARCC is one of the most prominent BDCs.

[Anonymous No.57493303]

>>57491915
Then give me a million dollars faget

[Anonymous No.57493311]

>>57491915
not having 1 million dollars is literally less than nothing
So give me your fucking million you rich fuck, you dont lose nothing and i get nothing, so we both dont lose, which is a win, faggot

[Anonymous No.57493325]

>>57491915
even 2 million might last me 3 years if buying a house

[Anonymous No.57493347]

>>57492606
Until they have a bad year and you lose your investment

[Anonymous No.57493349]

>>57493325
>Noooo I want to buy mansion in new york!!!!

[Anonymous No.57493373]

>>57492433
>I need $6m and if I take a wife then it's $12m.

Cant tell if bait or legit retarded

[Anonymous No.57493459]

I have $2.4m in stocks, is it over?

[Anonymous No.57493696]

>>57491915
that's not what literally means

[Anonymous No.57493699]

>>57493459
are you me?

[Anonymous No.57493806]

>>57491915
it is if you don't do shit with it
even with only 3k you can start taking advantage of any shitcoin like JEWPETER, dogshit, etc
just move on

[Anonymous No.57493813]

>>57491915
1 million dollars is a lot of money.

[Anonymous No.57493889]

>>57493699
how much did you make in dividends last year fren?

[Anonymous No.57493935]

real

[Anonymous No.57494553]

>>57493935
fact

[Anonymous No.57496664]

>>57491915
Fuck off frogposter

[Anonymous No.57496920]

opportunities begin at 7 figures
wealth begins at 8 figures
power begins at 9 figures

[Anonymous No.57496953]

>>57491915

[Anonymous No.57497155]

>>57491915
one million dollars is literally something