/biz/ - Business & Finance

[Anonymous No.57830368]

500k is life changing money

[Anonymous No.57830372]

500 is life changing money

[Anonymous No.57830384]

>>57830368
it is unironically. even 10k

[Anonymous No.57830396]

>>57830368 True
>>57830372 False
>>57830384 False

[Anonymous No.57830414]

>>57830368
500k is nothing

[Anonymous No.57830421]

>>57830368
and I had it, and it went to nothing, thanks crypto.

[Anonymous No.57830429]

>>57830368
$500k gets you half a house wow

[Anonymous No.57830444]

500 thousand is 'life relaxing' money

5 million is 'life changing' money

50 million is 'dream making' money

[Anonymous No.57830448]

>>57830414
that's because you're addicted to the /biz/ echo chamber. now try asking if 500k is good money to your irl friends and family.

[Anonymous No.57830465]

>>57830429
Having half a house is pretty lifechanging

[Anonymous No.57830501]

>>57830448
500k is nothing. I tell my friends and family that all the time and I have 1 million in crypto

[Anonymous No.57830538]

>>57830368
>500k is life changing money
No it's not. I am still in my filthy room, unable to escape work/life/no gf.

5MILLION is life changing money.

[Anonymous No.57830539]

>>57830368
not true
my life would not change with 500k
maybe if you live in the slums you could buy a shack with it

[Anonymous No.57830582]

>>57830539
kek you're fucking insane

[Anonymous No.57830586]

>>57830429
2024 is a house halving year

[Anonymous No.57830603]

>>57830448
my friends and family are all multimillionaires

[Anonymous No.57830625]

>>57830539
>>57830582
>I currently live in a one-bedroom apartment or my parents basement and am perfectly happy but would need to buy a 4-bedroom house in an expensive area in order to be happy
>$1m is fucking nothing

[Anonymous No.57830626]

>>57830448

$500K is minimum wage in San Francisco.

[Anonymous No.57830646]

>>57830626
>>57830625
>>57830603
>>57830586
>>57830539
>>57830538
>>57830501
>>57830465
>>57830448
>>57830429
>>57830414
>>57830396
>>57830384
>>57830372
1 million dollars is fucking nothing

[Anonymous No.57830671]

>>57830538
You can hire someone to clean your place

[Anonymous No.57830699]

>>57830626
then just don't fucking move to san francisco retard

[Anonymous No.57830753]

Imagine being this poor lmao

[Anonymous No.57830772]

>>57830368
$500k and you can retire in luxury in a tropical paradise on just the interest
you might not be able to speak the language but you can get gigabit fiber internet there for $15/mo

[Anonymous No.57830827]

>>57830444
trips of truth
500K in investments gives you a nice nest egg
5M lets you quit you job permanently and live in great comfort
50M lets you do shit like travelling the world for the rest of your life while staying in five star hotels

[Anonymous No.57830949]

>>57830671
>You can hire someone to clean your place
It's not as messy as in pic lol. But... once I have 1 mill.


>>57830772
>500k and you can retire in luxury in a tropical paradise
What tropical paradise?

[Anonymous No.57831019]

>>57830699
most on here are college age and of course they don't want to live in a more rural or quieter, cheaper environment. lots of hot blooded youth on here that are very impulsive with money. they don't realize quieter living is better for their mental health and finances until their 30s or 40s.

[Anonymous No.57831045]

>>57830368
Sharmericans talking about 1M being nothing again. No shit when your rent is 5k a week for a studio apartment Tyrell. KYS

[Anonymous No.57831067]

>>57830384
true when you use it smart

[Anonymous No.57831083]

>>57830949
Any of a number of countries in SE Asia:
Thailand
Vietnam
Philippines
Cambodia
Laos
Malaysia
Myanmar
Indonesia
Brunei

>inb4 some reason you personally object to living in any of the above places
picrel

[Anonymous No.57831130]

>>57830626
I dont live in SF you ass sucking faggot

[Anonymous No.57831132]

>>57830538
>>57830414
>>57830646
>>57830753
>>57830539
missing the point

>>57830384
gets it

[Anonymous No.57831159]

>>57830538
Your brain is broken

[Anonymous No.57831198]

>>57830368
This image makes me sad

[Anonymous No.57831280]

>>57830448
Most of my friends and family would agree that's a decent amount of money, but not enough to retire on.

Since you'll still have to wage slave to build your nest egg your life hasn't changed much.

Only a third worlder would think 500k is enough for retirement.

[Anonymous No.57831317]

>>57831280
Life changing has nothing to do with retirement

[Anonymous No.57831393]

>>57831280
barely no one realistically thinks about retiring early. this is just an utopian dream you NEETs projected so hard here and now think it is the norm. snap back to reality.

[Anonymous No.57831423]

>>57830384
>10k
Not really, you can buy a shitty car and what then?

[Anonymous No.57831435]

>>57831083
>Thailand
True
>Vietnam
If don't have the budget for Thailand
>Philipines
Depends
>Cambodia
If your dream to retire monk's style
>Laos
Makes Cambodia appears like a super-power
>Malaysia
Cucked my the religion of peace
>Myanmar
Kek
>Indonesia
True
>Brunei
c.f Malaysia

[Anonymous No.57831494]

>>57830384
deez even more if you are a thirdie

[Anonymous No.57831532]

>>57830429
$500k let's you live the life you live now, but with a much chiller job, or the relief from pressure enough to try your hand at creating your own business

[Anonymous No.57831550]

>>57830646
>put $1 million in a high yield savings account
>get $50k in risk-free interest from the bank every year
>live comfortably off $50k for the rest of your life in a small town in middle america without having to ever work again

[Anonymous No.57831564]

>>57830368
For me yes.
It means I don't ever have to leave my comfy home ever again. But I'll never have that kind of wealth, so I guess I'll be wagie for tomorrow and forever.

[Anonymous No.57831660]

>>57830368
Maybe in 2017

[Anonymous No.57831907]

>>57831435
>Vietnam
Vietnam might be better than Thailand now. Cleaner, and the whores are skinnier... but not as friendly. Also good food.

>Philipines
probably the best budget option going. definitely worse food, but cheapest cost of living of the big 3 expat nations in SE Asia. Also they mostly speak English.

>Thailand
The ol' standby. You can't really go wrong as they got everything there. Maybe not everyone's cup of Chang. Visas have been getting harder/more expensive but its still doable. I just wish the Thai girls weren't so fat. If you find a hot skinny one, it's probably a ladyboy.

[Anonymous No.57831953]

>>57830368
I agree. My goal for this bull is to get to 100k. That's an optimistic goal, given I have 10k rn, investing 1k more every month. This money would make me not worry for housing ever again. I would just spend the rest of my days with my wife and (future) kids on the land I'd buy. I'd keep my comfy job that isn't the most amazing one, but I like it and it pays double the average salary. I literally can't wait for this to happen. Either this year, or in the next 3 years I will finally be able to do it.
I'm a 25yo europoor.

[Anonymous No.57832119]

>>57831953
I have 40k and contemplate if i even reach 100k this cycle

[Anonymous No.57832155]

7-15k would unironically change my life.
5k would help a lot.
2k would catch me up.

[Anonymous No.57832300]

>>57832155
Based bloomer! We're all gonna make it

[Anonymous No.57832752]

50k is lifechanging because i could use it to buy 5/7 of a bitcoin and retire in 2 years

[Anonymous No.57832767]

>>57830368
this fucking post again
i'm tired, i just want to get into BTCFi without being called a dirty ass brokie

[Anonymous No.57832803]

>>57830538
Money is a tool. It's not going to fix those problems magically on its own. $500k would be plenty to sort those problems out if you tried. Your problem is deeper than money.

[Anonymous No.57832826]

>>57832803
Shit 10k would make me clean my house from top to bottom and I'm extremely sick.
Spoiler alert the richfaggots are usually the most miserable people on earth.

[Anonymous No.57832925]

>>57830368

Yes, most people could actually retire with that amount of money.

[Anonymous No.57832954]

500k would be enough for me to retire on my thirdie country

[Anonymous No.57833248]

>>57831550
Until hyperinflation forces you back to work because groceries cost 5k a week.

Thanks uncle sam ;_;

[Anonymous No.57833695]

500k might be more than enough if you get along with your parents and don't live in a disfunctional family. For the average American who gets kicked out at 18 and has a 200k debt from studying gender theory at a second rate University might not be enough, but for the majority of Europeans it is enough.

[Anonymous No.57834755]

>>57830372
It is, because you should kill yourself if that's all you have

[Anonymous No.57834777]

>>57834755
I still get pussy, you don't

[Anonymous No.57834795]

>>57831423
Drive around the country side and enjoy nature?

[Anonymous No.57834859]

>>57834777
Faggot kek

[Anonymous No.57834865]

>>57834755
I have -95 lol

[Anonymous No.57834869]

>>57832954
Same, Brazil?

[Anonymous No.57834919]

>>57831907
No kidding they are getting fat as fuck. the low iq doesnt help

[Anonymous No.57834967]

>>57834795
Go camping, caving, the possibilities to use (up) your physical body are endless on a budget.

[Anonymous No.57835024]

>>57834865
That's based, you probably had the balls to make a bet at least instead of saving up like a cuck.

[Anonymous No.57835052]

>>57835024
Oh yeah i've lost nearly 140k since 2021

[Anonymous No.57835072]

>>57830368

Unfortunately I need a x5 for that

Still in low 6 figures hell, the worst place to be in life

[Anonymous No.57835079]

It depends on where you live.. honestly, 500k in most of Asia and Eastern Europe is enough money to neet for the rest of your life if you do not live like a retard. But even if you live in the west, 500k is way way more than the average normie ever had. The truth is, and why I think a lot of people on /biz/ are retards, that even $100,000 in these countries can be enough to give you a comfortable life if you do not plan to spend the money but rather make the money your living, aka you use it to make more money, but also you can live on the returns. In the west it will be more but not that much.

[Anonymous No.57835099]

>>57834865
>>57835052
what the fuck were you buying? as a wagecuck, id be horrified if i lost that amount of money. i wouldn't ever have that much in crypto unless that's what you made entirely off crypto only to lose it. then yea, i can see that. id only dump a maximum of 10k into anything crypto related. even BTC i wouldn't trust with my life savings because that shit dumps just as hard as everything else.

[Anonymous No.57835132]

>>57835099
Link Jasmy HBAR ETH NCT some other shitcoins, nothing ever works out when trying to revenge trade even if you pause for 6 months.

[Anonymous No.57836679]

>>57830368

Money is fake

[Anonymous No.57836740]

>>57830646
correct but you can change your life with nothing

[Anonymous No.57837107]

>>57835052
i respect you, anon. i also got in early (2017) and then lost almost all of it to shitcoins. bitter reality

[Anonymous No.57837140]

500k could be turned into 2 million by 2025 if invested in crypto today. So it is life changing

[Anonymous No.57837240]

Bros i have 5k.
I dont see any way out. How am I going to 1000x...

[Anonymous No.57837300]

>>57830538

I'm feeling like you.

My room is clean, and I'm healthy, but I live in an old apartment where I can't fully focus because I can hear the conversations of my neighbors or street noise. Also, I have to deal with violent scumbags/drug addicts living in the complex. That destroys my mental health, and recently I've found it harder to even start coding on my projects because of this.

I dream of living in the pic related minimum (1.25MM€) or in a single-family home. A property where I can have a relaxed, quiet, and safe life without having to deal with lowlifes.

If I go ahead with pic related right now, it would require me to pay a 24% tax when selling BTC, buy the property, and pay more taxes. After that, my BTC savings would be near zero. Another option could be to rent, but here, renting is hard if you don't have a regular wagie job.

[Anonymous No.57837378]

>>57831393
I'm retiring at 55. Idgaf.

[Anonymous No.57837658]

>>57830368
Yes, it is. 500k is life changing money.

[Anonymous No.57837715]

>>57837378
age 55? i refuse to believe anyone on this site is that old. you shouldn't be here past age 30, let alone 50.

[Anonymous No.57837729]

>>57837378
>>57837715
nevermind, for some reason i thought you said "renting" at 55.

[Anonymous No.57837865]

>>57837715
You never been on /v/? Anons, there have 30+ threads, and it is also always one of the fastest. You are here forever.

[Anonymous No.57837942]

>>57837865
I used to browse /v/ daily when i was a NEET. i left that shithole and never looked back. i stopped playing video games and focus entirely on waging, schooling, and building a future of stability for myself so that i may one day engage in my hobbies full time.

[Anonymous No.57838159]

>>57831435
Where should I go if I want this cost of living but in a cold country? I fucking hate the heat.

[Anonymous No.57838472]

>>57830368
>>57830414
500k is enough to get a 30 year bond paying like 4% which can cover rent/mortgage.

[Anonymous No.57839057]

>>57832803
500k would give me the means of having 6 children from an high genetic value eggs donor+surrogate motherhood so that would certainly solve my problem of being a genetic dead end.