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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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58102049 No.58102049 [Reply] [Original]

picrel
I always thought that 1-5 million dollars would be the bare minimum to make it. That much money is how much most people make during their whole life(~$50k/year salary, with raises that dont beat out inflation), But how in THE FUCK is ANYONE gonna 'make it' with that amount of money when even a basic fucking house, built almost a century ago, is worth 25-110% of that profit? Imagine, after years of family and friends doubting your shitcoin and buttcoin gambling, taking on extreme risks, and losing thousands along the way, but you FINALLY 'make it', you made over a million this cycle! Your family and friends want to see what youll use your newfound wealth on, and fucking picrel is your new "million dollar" house.

>> No.58102094
File: 1.67 MB, 1553x916, 1711039603395621.png [View same] [iqdb] [saucenao] [google]
58102094

Bout tree fiddy

>> No.58102103

>>58102049
> falls church, va
NoVA Fag checking in, I live not far from there

>> No.58102106

>>58102049
>4 beds
>4 bathrooms
>all for one anon
must be bait

>> No.58102132

>>58102049
Bro, northen va / dc is not representative of the rest of the USA. Tons of government money flows through there and nearly any home that price is owned by a two income family making 100-150k each so close to or over $300k combined or more.

>> No.58102144

>>58102106
4 or 5 bathrooms per house is the new standard

>> No.58102150
File: 150 KB, 660x751, 8403ef8bed4f251c6547fbeddad38089.jpg [View same] [iqdb] [saucenao] [google]
58102150

>>58102103
Bro i swear to god if I keep living here i WILL lose it. Seeing the prices of homes nearby be 5-10x where I come from is the most DEMORALIZING thing to see. Fuck bros, what do I do, I CANNOT go back to living with Amish people

>> No.58102156
File: 1.10 MB, 1183x2220, biz making it.png [View same] [iqdb] [saucenao] [google]
58102156

>>58102049
3 to 4 million minimum

>> No.58102167

>>58102150
Unless you work with or for the feds it’s not worth living here. Move far away where it’s cheaper

>> No.58102210

>>58102094
Impressive. Yard maintenance looks to be a bitch but very nice if well kept. Big fan of the interior design features. I have an old house myself with some similar features but it's not quite this nice

Old homes have bigger issues though which would likely need addressing
>Foundation integrity
>Electrical
>Insulation
>Lead pipes/paint
>Oftentimes nonexistent AC, radiated heating system
Not exactly cheap jobs but addressing them would make the house much more livable long term

>> No.58102212

>>58102132
Youre right, if I did have a make it run id most definitely move far af from dc/NoVa, would just be cheaper. I still just find it INSANE that with a 100-150k/year job, buying a normal home here is almost impossible.

>> No.58102254

>>58102167
i have been on the fence about getting a cleared job here, primarily because I would have to change my life around it and if i get told im denied 2 years later for smoking copious amounts of weed well I then just wasted 2 years of my life

>> No.58102618

>>58102156

this assumes a lifespan of 60 years old only

>> No.58102716

>>58102156
Didn't read the thread and tried to post this. Good job.

>> No.58103082
File: 509 KB, 1024x937, 1711052483965582.png [View same] [iqdb] [saucenao] [google]
58103082

>>58102156
The NEET and lower middle class are needed networths are way lower than that, what the fuck. Who the fuck uses that 3 or 4% rule. Just put your 500K on a S&P500 ETF and enjoy your 35K of gains per year on average.

>> No.58103181

>>58102156
What I make $90k/yr but my NW is -$56k?

>> No.58103254

>>58102049
I'm gonna move to southern Spain, shit's cheap there. 200k should do nicely.
I invested 30k into various mid- and longterm holds like croc bot and chainswap, pretty confident i'll be at 200k by EOY

>> No.58103286

>>58102049
Id move to japan where you can get a house the same size in a major city for half the price
there are full sized brand new homes in tokyo that are a 30 min train ride from central shibuya that cost 400k or less

>> No.58103533
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58103533

>>58103286
It's understated how cheap Japan is, rally. Sure, living in center Tokyo or Osaka isn't cheap, but other than that, just a few commute away and it's cheaper. Way more than the equivalent in a big US city or western EU capital. Don't even get me started on the countryside. I could very well see myself living the comfy NEET life in the Seto Inland Sea area. I fell in love with the area. Comfy, quiet, cheap, chill.

>> No.58103618

>>58103533
good luck getting citizenship

>> No.58103638

>>58103618
Good for vacation homes

>> No.58103817

>>58103286
>>58103254
How the fuck do/would you anons move to another country? Seems like a major pain in the ass for what could just be vacation/rental homes instead?

>> No.58103840

>>58102156
I'm Lower Middle Class tier right now, but not stopping until 3-4M. Probably still like 20 years out from getting there, since I wanna have kids but all good.

>> No.58103857

>>58102049
>$2m for housing
>$1m in stocks
>1 btc
like it or not, this is entry level "making it" in 2024 if you want to live in the US. you can live more cheaply elsewhere, obviously.

>> No.58103860

>>58102132
Can confirm. I work for a defense contractor. If you have a good skill and top secret clearance, you can easily make $150k. Honestly, it's probably the floor. If you have something very in demand like niche tech, law, etc, $300k is realistic.
The help desk guys I work with make $100k with an A+ and Sec+ certs, bare minimum experience, and no degree as long as they have TD clearance.

>> No.58103891

>>58103860
my current internship has been making me learn up on ASM and wants me to get a TS SCI for a cybersecurty/SE position. What kind of salary should i expect from that anon?

>> No.58104000

government parasites can afford higher prices because the devaluation of the currency is what is driving their salaries in the first place. Its a different situation for them entirely, and they are the type to always be talking about how great the economy is regardless of what the fuck is going on. They are apart of the demographic that actually strongly approves of Joe Biden.

>> No.58104102

>>58103891
A lot of it is dependent on location. I'd say $80k should be the absolute minimum for a new college educated tech person with a TS sci.

>> No.58104391

>>58102254
I’ll make it easy for you, smoking weed within 7 years of your clearance process is itself grounds for denial. You will be denied unless you lie, if you lie and are caught you can be charged with felonies
also most of the cleared jobs are onsite so fuck that
>t. knower

>> No.58104597

>>58104391
From my understanding, unless you are dealing drugs and not applying to an agency like DEA, your fine. I told my employer that and they were fine about it, DESU, it seems that out of all the guidelines pertaining to denials, drug use is the least of the worries. Niggas be getting denied mainly cuz they have to pay alimony or child support, or maxed out credit cards to 100k somehow. I know this since you can read all the adjudication decisions online and ngl some of them are funny af.

>> No.58104616

>>58102049
When your passive income= your outgoings, you have made it.

>> No.58105510
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58105510

>>58102049
to make it and retire at 25 you would need between 1 and 2 million in the united states, but that's the starting price, for emergency costs and shit that could happen i would personally up it to 2.5 million

i'm at 100k purely by trading with dextools and selling high and buying low, but i needed 2/3 years to get to this amount and i was VERY lucky. If you manage to get to 2.5 mil, congrats, you officially made it.

>> No.58105546

>>58103533
It's not underrated because you're not allowed to live there on a permanent basis

>> No.58105550
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58105550

>>58102049
You don't decide what you need to "make it", you are just a wagecuck and you'll have to look at indicators like Truflation to see how not to lose what you have saved in US dollars

You are a little man in a whales world

>> No.58105745

>>58105550
calling people who work "wagecuck" seems rather unnecessary to me.

>> No.58105761

>>58105550
at the end of the day, it's all the whales' fault.
>>58105745
same, this nigger criticizes the work while using a computer created by workers and using the internet of some company

>> No.58105856

>>58105550
just saving in us dollars in very fucking bad idea, thats why hes a wagecuck

>> No.58105859
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58105859

>>58105550
KEK

>> No.58106449
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58106449

>>58102094
insane how people haven't called you out for the neighborhood demographics

>> No.58106457
File: 187 KB, 1029x1078, TTBAP (5).jpg [View same] [iqdb] [saucenao] [google]
58106457

>>58102049
TTBAP

https://youtu.be/yM2wO6eQdns?si=MyXT7n91RZUD6syi

>> No.58106467

>>58102049

I sell my AGRS and move to Argentina, get a condo for 500k, and its much better than that house.

>> No.58106477

>>58106467

good place to go, white fat ass latinas everywhere,,,

>> No.58106483
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58106483

>>58106467

The economy sucks there

>> No.58106489

>>58106467

Big mistake, first sell AGRS ill do 30x, second, move to Argentina

>> No.58106495

>>58102094

Thats nice anon

>> No.58106508

most human beings throughout history weren't wealthy enough to make it no matter how much they worked

we're just returning to normal

>> No.58106519

>>58102094
I really hope that's a suburb and not actually in Syracuse. The city is a complete and total shithole. The suburbs and rural areas on the lake are nice though.

>> No.58106521
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58106521

>>58102049
when you dont have to look at for truflation data to makes your moves because you have so much money

>> No.58107499

>>58103618
Citizenship is hard, but if you make it I don't see why you couldn't start some bullshit company there, hire yourself and live there indefinitely. Every time I go to Tokyo the place is absolutely crawling with gaijins, including pajeets now so that's most of /biz/.