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/biz/ - Business & Finance

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9136230 No.9136230 [Reply] [Original]

Hey /biz/
is 1m$ a "made it" money?

>> No.9136319
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9136319

>> No.9136362
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>> No.9136830

>>9136230
If you live in Russia maybe. $2-3 million is good.

>> No.9136928

>>9136230
Well do you want to spend down the principal or plan on living forever with a constant amount of (inflation-adjusted) wealth/income?

3-3.5% is about what you can expect for the latter case. That's $2,500-$3k/month gross. Now factor in taxes, rent, health insurance, a basic lambo payment, any family expenses...

>> No.9137612

>>9136230
maybe in south asia or eastern europe. in america you would buy a house and barely have enough left for cars insurance and food for a year

>> No.9137974

>>9136230
Depends where you live, how old are you, if you already have an apartament, and how much you want to spend every month. Eastern Europe here, and imo that'd be enought for me. The most important think to do is to make sure your money is working for you, even it it's 5% it's a lot, as it's enought to fight back the inflation. Imo I'd keep most of that money in normie coins like BTC, ETH, XMR, and so on. They won't loose value, but they have potential to go 10x in upcoming years.

>> No.9138140

>>9136230
>>9136319
>>9136362

>Bcumn
>BE CUMMIN
Nice ID.