Monetary Goals

[Anonymous No.5967543]

I've figured out the price for me to live how I want until the end of days is $6,600,000 (6.6m)

The way I figured it was:

1.2m = 20 years of rent, bills, groceries, etc:
>$700 a week rent = $36,400 in rent a year
>$453 a week = groceries, bills, goods etc = $24,600
>This ultimately leads to me living off 60 grand a year = 20 years = 1.2m
>60 years (I'm 20 now) = 3.6m

So 3.6m for 60 years of living comfortably (provided I live till 80)

>1m to my sister (total now 4.6m)

>1m of spare money for whenever I need (total now 5.6m)

>1m to further invest/gain interest/make more money (total now 6.6m)

One can only dream :( But 6.6m is my goal

note: mental masturbation
note: Living off 60 grand and in a luxury 700 dollar a week apartment in Melbourne, Australia is god tier.

[Anonymous No.5967741]

Hoping for 10MM. Want to augment my salary.


Doubt I'll get it, but fuck it

[Anonymous No.5967755]

With 1M and living conservatively you can just put most of it in the DOW and live very easily as a NEET

[Anonymous No.5967802]

why would you rent? buy a house

[Anonymous No.5967805]

$60m

[Anonymous No.5967807]

>>5967543
Jesus you are retarded.

If you had 6 mil, just living off the interested at 2% would be 120k a year... without having to touch your nest egg

[Anonymous No.5967817]

>>5967755
probably would end up doing that kek
I jsut want a comfy neet life

I guess 3.6m should be a better goal
1.2m for 20 years living
1.2m in the DOW
1.2m for my sister

[Anonymous No.5967856]

>>5967807
That's what I would do. 6m ish? take 1m out and get a nice rental property side hustle going. Live off of interest from the remaining 5 mil and your rental property money for the rest of your days.

[Anonymous No.5967882]

>not factoring in inflation
>doesn't know what interest is or how to live off it
>will choose to pay rent instead of buying a fucking house

Holy shit, crypto is literally making financially illiterate NEETs millionaires. This is unprecedented.

[Anonymous No.5967907]

>>5967856
Yup me too. I don’t even need as much to make it as most of the retards on this board. 50-100k is more then enough capital to start flipping real estate and making money in my area and get a few rentals

[Anonymous No.5967923]

>>5967543
You're a fucking retard, OP

[Anonymous No.5967924]

>>5967882
kek imma pay rent with 6.6 million dollars!

[Comfy with Waltonchain and Blo(...) No.5967931]

>>5967543

lol wtf why would you rent

[Anonymous No.5967932]

>>5967907
assuming the real estate market is good

[Anonymous No.5967936]

>>5967882
>will choose to pay rent instead of buying a fucking house

kek.

My thinking was, since im an ultra neet virgin, I dont wanna stay in one spot for too long and be locked down by a house.

Say I only end up living in Melbourne for 4 years before finding it boring, I just pack up shop and move to milan and do the same thing, repeat ad infinitum

[Anonymous No.5967953]

>>5967543
ffs you realize you can put that 1mill in incredibly safe investments and make like 3-5% easily which is 30-50k a year.

[Anonymous No.5967975]

>>5967923
>>5967924
explain to me why you americucks.

Australia is a neet paradise, 60 grand a year will make me live like a NEET king

[Anonymous No.5967979]

>>5967543
>renting for 60 years
>36400*60=2184000
Why not just buy a fucking $2m mansion?

[Anonymous No.5967984]

U should start searching for a cheaper country

[Anonymous No.5967989]

>>5967953
semi-safe

incredibly safe compared to crypto but the stock market probably isn't as safe as people think it is.

It's an 100 year old institution in a world that's changing faster than ever. Blockchain technology is just the first in a series that will hint at the financial systems of tomorrow.

[Anonymous No.5968001]

>>5967953
yes thats what I've come to realise after being aware'd by the anons in this thread.

3.2m is my adjusted goal

[Anonymous No.5968079]

>>5967989
idc about that shit

shekelstein banks inc. can gladly have my money as long as they let me know im making enough interest to on as a NEET king.

fuck the changing world
fuck the future of banks
fuck having to keep up to date with whats the best offer

as long as I can live like a NEET king, give my sister 1.2m and hopefully have my mind cryogenically frozen or whatnot in 60 years then everything else can suck a dick

[Anonymous No.5968496]

>>5967931
This. Rent would only go up.

[Anonymous No.5968527]

>>5967975

>Australia
>Live
>Hauntsman spider


No thanks

[Anonymous No.5968561]

>>5967975
there are better ways to use 6.6 million. If you lived off the interest at 2% it's 120k a year which is double your 60 or 4% it's 240k. Even with inflation that will be a good salary for a very long time.

[Anonymous No.5968653]

Rent? Are you fucking retarded OP?

[Anonymous No.5968788]

>>5967936
Are you fucking retarded

You could buy several investment homes across Australia from as cheap as $100k-$125k which would yield about $350-$400 rent a fucking week. I am flabbergasted at how dumb you are

[Anonymous No.5968930]

why are americucks so retarded

hurr RENTING IS A SIN

suck my nut when i got 3.6m and am living off the interest (whilst renting)

[Anonymous No.5969044]

>>5967543
I don't understand this "neet life" meme
I've met almost all of my friends through work/school
I feel like I'd end up lonely as shit if I never worked again

[Anonymous No.5969107]

>>5967882
>buying a house, in 2018
why? renting is superior in every way
Instead of spending your money on some non liquid piece of wood that you might regret buying 2 months in, with huge maintaining costs associated with it, you could rent something without any need for down-payment, and invest your money in less risky, more liquid assets.

[Anonymous No.5969150]

>>5968788
Where the fuck in Australia are you buying properties for sub 200K?

[Anonymous No.5969258]

>>5967543
6.6M for the rest of your life? Cunt 6.6M wouldn't last longer than 8 years. If you have that type of money ill guaranty you won't spend it to a plan like you have here. This plan is so autistic you have no end game to even make more money...

Also buy a house don't fucking rent...At least then you can sell/rent out the house when you run out of his money in 10 years.

[Anonymous No.5969324]

>>5969150
I bought this house im in now for 175k. 2 Bed room and across the road from the beach. Heaps of places about.

[Anonymous No.5969361]

>>5969258
>you dont even have an end game
>what is "1m to futher invest/gain interest/make more money"

>hurr why rent
because I can rent indefinitely until the end of times on the interest 3.6m or 6.6m would make me.

>6.6m wont last longer than 8 years
yes it would, I'd be dead before I spent it all

[Anonymous No.5969385]

>>5967543
Your never going to make ot trying to rent for 50 year ya fuck tard. Buy a 500 acre farm and rent it out to a farmer. Build a small house or cabin. Your welcome.

[Anonymous No.5969417]

>>5969150
You obviously have a Melbourne/Sydney mentality. Even Adelaide has cheap apartments in the CBD. Small rural towns have great properties for cheap. Gold Coast even has 3+ bedroom houses for about $300k-$400k

You're a loser and you'll never make it

[Anonymous No.5969482]

>>5967543
>renting

You are a literal retard.
Buy 500k house
wait 10 years
you now have 600k house

Its that easy.

[Anonymous No.5969525]

I just want enough to buy an an average house where Im from.. which is 300,000 euros.
Fucking insane. My parents house cost 30,000s euros to build back in the 80s. :(

I would be happy to be mortgage free.. thats its. Im not getting greedy.

[Anonymous No.5969545]

>>5969107
>
lol yeah spending your money paying off another persons mortgage is without a doubt the best way. lol that is why renters will always pay my mortgages of.....please keep shilling your thoughts

[Anonymous No.5969561]

>>5969361
Mate from reading the comments you wouldn't know what to do with $1,000 let alone 6.6M.

You pay less in rates then you would in rent in your lifetime. You would easily spend a couple of M on rent, why not buy a place? Were you dropped on your head cunt?

[Anonymous No.5969759]

>>5967543
Pics of your sister, is she really worth a million?

[Anonymous No.5970477]

>>5968527
>scared of a cute spider
haha what a fag