Log In

Your email is not your username

Register

If you were a member of the old Bodybuilding.com forums and would like to reuse your previous username, you can request it below. We use your email only for registration and do not store it. For more information, please see our Privacy Policy.

Confirm your email

A registration code was sent to your email. Enter it here.

Welcome

You have successfully setup your account.

Sign in

Quick Navigation Bottom Misc
Forum » Would you consider $400k cash life changing money?
  1. Results 31 to 60 of 83
  2. Page 2 of 3
  3. First
  5. 1
  6. 2
  7. 3
  9. Last

Thread: Would you consider $400k cash life changing money?

post 1705488511 08-25-2024, 04:44 PM
-
#31
  1. blazenbb
  2. Registered User
  1. blazenbb
  2. Registered User
  3. Join Date: Nov 2019
  4. Age: 56
  5. Posts: 6,874
  6. Rep Power: 49941
Originally Posted By stevemckenna⏩
I think the key word is "life changing." A lot of us are in our 30s or older so it's not all that surprising we have a net worth higher than 400K. Now, is 400K still a lot of money? Absolutely. Is it "life changing?" No, not really.
An additional 400k is still going to reduce your working timeline. Time is one of the most valuable things we have. I would say it’s life changing, unless you’re worth millions
post 1705488551 08-25-2024, 04:46 PM
-
#32
  1. Shortfuze
  2. "Your one f*ck fantasy"
  1. Shortfuze
  2. "Your one f*ck fantasy"
  3. Join Date: Feb 2004
  4. Location: United States
  5. Posts: 31,897
  6. Rep Power: 179945
Anything is better than $0
*Simplicity is the key to life*

Thanks ZBlacktt for the mod rep!
Thanks ForumSentinel for the admin rep!
Thanks Gxp23 for the mod rep!
Thanks 400LB Gorilla for the mod rep!
Thanks CountryMike for admin rep!
Thanks Nics1246 for mod rep!

I got married on August 24, 2013!!
ლ(╹◡╹ლ)
post 1705488621 08-25-2024, 04:50 PM
-
#33
  1. tripod29
  1. tripod29
  3. Join Date: Oct 2017
  4. Posts: 26,132
  5. Rep Power: 452641
lol no
post 1705488711 08-25-2024, 04:53 PM
-
#34
  1. blueberryboy
  2. Registered User
  1. blueberryboy
  2. Registered User
  3. Join Date: Oct 2020
  4. Posts: 24,333
  5. Rep Power: 52776
Originally Posted By stevemckenna⏩
I think the key word is "life changing." A lot of us are in our 30s or older so it's not all that surprising we have a net worth higher than 400K. Now, is 400K still a lot of money? Absolutely. Is it "life changing?" No, not really.
If you're net worth isn't a solid 4-5 million already than I'd wager you have no business calling 400k not life changing money.
post 1705488721 08-25-2024, 04:53 PM
-
#35
  1. theory816
  2. G-Unit
  1. theory816
  2. G-Unit
  3. Join Date: May 2012
  4. Posts: 19,458
  5. Rep Power: 43425
Absolutely.

Even with 50k you can do a lot

As someone who has zero assets I can tell you first hand how much having 10k can be stretched
🤴Supreme Self Esteem Crew
5'5 110lb(MIL Spec) Asian Master Race Crew
Yacht/Boat Crew
post 1705488771 08-25-2024, 04:55 PM
-
#36
  1. _zman
  2. Trancebrah
  1. _zman
  2. Trancebrah
  3. Join Date: Jan 2009
  4. Age: 41
  5. Posts: 17,156
  6. Rep Power: 93080
Originally Posted By blazenbb⏩
An additional 400k is still going to reduce your working timeline. Time is one of the most valuable things we have. I would say it’s life changing, unless you’re worth millions
With compound interest and savings rate for someone in their 40s, they can stack 400k in 2-3 years. So no, not life changing for people who invest and save.

Plebs may think it's life changing, but it's really not if they don't have basic financial principles down. Most people would blow right through it. Look at most lottery winners; usually ruins their life. So perhaps it's life changing, but in a negative way.
★★★ A State of Trance Crew ★★★
♞♞♞ Misc Horse Head Crew ♞♞♞
post 1705488811 08-25-2024, 04:56 PM
-
#37
  1. GaloisTheory
  2. Registered User
  1. GaloisTheory
  2. Registered User
  3. Join Date: Oct 2014
  4. Posts: 13,915
  5. Rep Power: 83343
Originally Posted By BigGuyTruth⏩
Let's say you wake up and there's 400k in your account, would this change your life? All taxes are paid for and stuff
I would rope if I were to wake up and be all the way down to $400k, so, in that sense, yes it would be life changing.
Physics crew
post 1705488841 08-25-2024, 04:57 PM
-
#38
  1. nutsy54
  2. Random Words
  1. nutsy54
  2. Random Words
  3. Join Date: Apr 2003
  4. Location: United States
  5. Posts: 126,581
  6. Rep Power: 181292
Originally Posted By r0gueking⏩
$400k is life changing for 99.999999% of people on the planet.
99.99999% of people are in debt, which means they don’t know how to manage money, which means they'll blow the $400K and end up right back in debt.
Reference: The majority of lottery winners.
post 1705488851 08-25-2024, 04:57 PM
-
#39
  1. stevemckenna
  2. Registered User
  1. stevemckenna
  2. Registered User
  3. Join Date: Dec 2011
  4. Posts: 23,289
  5. Rep Power: 137230
Originally Posted By blueberryboy⏩
If you're net worth isn't a solid 4-5 million already than I'd wager you have no business calling 400k not life changing money.
It's not 4-5 mil but I don't really need much in life. It would just go on a pile for rainy day purposes.
post 1705488901 08-25-2024, 04:59 PM
-
#40
  1. r0gueking
  2. Registered User
  1. r0gueking
  2. Registered User
  3. Join Date: Jun 2024
  4. Posts: 2,677
  5. Rep Power: 30046
Originally Posted By stevemckenna⏩
I think the key word is "life changing." A lot of us are in our 30s or older so it's not all that surprising we have a net worth higher than 400K. Now, is 400K still a lot of money? Absolutely. Is it "life changing?" No, not really.
Even if you have $3Mill right now. $400k would still be life changing.

Are you trying to argue that fact or are you trying to impress people by implying you are that well off? Stop it man.
34 - Former Cop

-Tampa Bay Buccaneers-

Post Your Fantasy Football Squads Here -
https://forum.obnoxiousbrutes.com/showthread.phpt=185811031&p=1705770171#post1705770171
post 1705489111 08-25-2024, 05:06 PM
-
#41
  1. MikeLowrrrey
  1. MikeLowrrrey
  3. Join Date: Jul 2018
  4. Age: 56
  5. Posts: 35,133
  6. Subscribers: 2
  7. Rep Power: 120067
Originally Posted By stevemckenna⏩
It's not 4-5 mil but I don't really need much in life. It would just go on a pile for rainy day purposes.
Is your house paid off? Do you have any debt?

I reckon it's life changing even with $4 million networth
post 1705489141 08-25-2024, 05:07 PM
-
#42
  1. stevemckenna
  2. Registered User
  1. stevemckenna
  2. Registered User
  3. Join Date: Dec 2011
  4. Posts: 23,289
  5. Rep Power: 137230
Originally Posted By r0gueking⏩
Even if you have $3Mill right now. $400k would still be life changing.

Are you trying to argue that fact or are you trying to impress people by implying you are that well off? Stop it man.
Dude, nobody is scoffing at 400k. I'd suck dick for 400k. All I'm saying is, nothing about how I live my life would change over 400k.
post 1705489241 08-25-2024, 05:09 PM
-
#43
  1. eddiehaskell
  1. eddiehaskell
  3. Join Date: Oct 2009
  4. Age: 42
  5. Posts: 16,178
  6. Rep Power: 33829
probably ~97% of people have a net worth under $1-2M so don't let misc mogging fool you...$400k would alter the lives of the vast majority
post 1705489261 08-25-2024, 05:09 PM
-
#44
  1. LtGoose
  1. LtGoose
  3. Join Date: Jan 2014
  4. Location: Dallas, Texas, United States
  5. Age: 34
  6. Posts: 33,623
  7. Rep Power: 262212
I'd throw it into Doge coin since I don't need it
post 1705489351 08-25-2024, 05:11 PM
-
#45
  1. DeadlyStriker
  2. Registered User
  1. DeadlyStriker
  2. Registered User
  3. Join Date: Jun 2011
  4. Location: United States
  5. Posts: 24,113
  6. Rep Power: 302177
Yes. I could buy a house on some land in cash and live happily ever after with no debt. Will never need to play the jew usury game again.
post 1705489431 08-25-2024, 05:13 PM
-
#46
  1. propreffered7
  2. Registered User
  1. propreffered7
  2. Registered User
  3. Join Date: Mar 2010
  4. Posts: 36,839
  5. Rep Power: 86393
as long as you had income, it'd be life-changing

if you had no other money coming in, no it wouldn't
post 1705489521 08-25-2024, 05:17 PM
-
#47
  1. OliverHeldens
  1. OliverHeldens
  3. Join Date: Oct 2014
  4. Age: 33
  5. Posts: 43,009
  6. Subscribers: 1
  7. Rep Power: 131082
It wouldn’t change a thing for me.

But it would for most people. If you can’t live a pretty comfy life with $400k in the bank, you have a spending problem.
post 1705489551 08-25-2024, 05:17 PM
-
#48
  1. ikytdsutwvc
  2. Registered User
  1. ikytdsutwvc
  2. Registered User
  3. Join Date: Aug 2023
  4. Age: 56
  5. Posts: 222
  6. Rep Power: 321
You could get 6.7 mil hbar
BST 32k dividends/year
IEP 96k div/year
post 1705490111 08-25-2024, 05:31 PM
-
#49
  1. Godfrd824
  1. Godfrd824
  3. Join Date: Oct 2008
  4. Location: DevilMayRage's Head, Rent Free
  5. Posts: 57,248
  6. Subscribers: 2
  7. Rep Power: 383238
Originally Posted By stevemckenna⏩
It won't change much I'd feel more financially secured.
This.
When it comes your time to die, be not like those whose hearts are filled with the fear of death, so that when their time comes they weep and pray for a little more time to live their lives over again in a different way. Sing your death song and die like a hero going home.
post 1705491221 08-25-2024, 06:11 PM
-
#50
  1. radrd
  1. radrd
  3. Join Date: Apr 2018
  4. Posts: 13,522
  5. Rep Power: 146429
Yes, because we could retire sooner, but it wouldn't change anything in the next 10-15 years.
post 1705491801 08-25-2024, 06:28 PM
-
#51
  1. blazenbb
  2. Registered User
  1. blazenbb
  2. Registered User
  3. Join Date: Nov 2019
  4. Age: 56
  5. Posts: 6,874
  6. Rep Power: 49941
Originally Posted By _zman⏩
With compound interest and savings rate for someone in their 40s, they can stack 400k in 2-3 years. So no, not life changing for people who invest and save.

Plebs may think it's life changing, but it's really not if they don't have basic financial principles down. Most people would blow right through it. Look at most lottery winners; usually ruins their life. So perhaps it's life changing, but in a negative way.
Even for people who do well. I’d say 2-3 years of additional time you get in your 40/50s is life changing. I’d much rather not work for 3 extra years
post 1705491891 08-25-2024, 06:31 PM
-
#52
  1. blueberryboy
  2. Registered User
  1. blueberryboy
  2. Registered User
  3. Join Date: Oct 2020
  4. Posts: 24,333
  5. Rep Power: 52776
Originally Posted By _zman⏩
With compound interest and savings rate for someone in their 40s, they can stack 400k in 2-3 years. So no, not life changing for people who invest and save.

Plebs may think it's life changing, but it's really not if they don't have basic financial principles down. Most people would blow right through it. Look at most lottery winners; usually ruins their life. So perhaps it's life changing, but in a negative way.
Lmao at thinking it's just some trivial thing for the average 40 year old to just stack 400k In 2-3 years

The % of Americans who could even come close that would be extremely small
post 1705492721 08-25-2024, 07:08 PM
-
#53
  1. propreffered7
  2. Registered User
  1. propreffered7
  2. Registered User
  3. Join Date: Mar 2010
  4. Posts: 36,839
  5. Rep Power: 86393
Originally Posted By blueberryboy⏩
Lmao at thinking it's just some trivial thing for the average 40 year old to just stack 400k In 2-3 years

The % of Americans who could even come close that would be extremely small
where does that guy live?

i remember a few years ago (when i looked it up) australia's lowest of the low make like 80k.

just looked it up... minimum wage is ~50k lol

the MEDIAN in the u.s. is like 35k
post 1705493501 08-25-2024, 07:47 PM
-
#54
  1. Godfrd824
  1. Godfrd824
  3. Join Date: Oct 2008
  4. Location: DevilMayRage's Head, Rent Free
  5. Posts: 57,248
  6. Subscribers: 2
  7. Rep Power: 383238
Originally Posted By propreffered7⏩
where does that guy live?

i remember a few years ago (when i looked it up) australia's lowest of the low make like 80k.

just looked it up... minimum wage is ~50k lol

the MEDIAN in the u.s. is like 35k
$50k Au is like $30k American.
When it comes your time to die, be not like those whose hearts are filled with the fear of death, so that when their time comes they weep and pray for a little more time to live their lives over again in a different way. Sing your death song and die like a hero going home.
post 1705493911 08-25-2024, 08:07 PM
-
#55
  1. Destor
  2. Registered User
  1. Destor
  2. Registered User
  3. Join Date: Apr 2012
  4. Location: Alberta, Canada
  5. Age: 41
  6. Posts: 43,481
  7. Rep Power: 254906
I’ve never owned a Lambo before so it would change my life in that way
post 1705494171 08-25-2024, 08:19 PM
-
#56
  1. MegaSloot
  1. MegaSloot
  3. Join Date: Jul 2017
  4. Posts: 10,892
  5. Rep Power: 86784
I worked so hard to get to where I’m at. I’m not going to disrespect that sacrifice by dreaming about some hypothetical. I used to have those dreams a lot in the past and there’s always a hangover after when you look around at less.

I am honestly grateful for my circumstances.
post 1705494221 08-25-2024, 08:24 PM
-
#57
  1. Briangumble
  2. I run the Misc
  1. Briangumble
  2. I run the Misc
  3. Join Date: Oct 2005
  4. Posts: 10,812
  5. Rep Power: 13997
It would be for me because I know what type of investments I would make and side hustles that I would be able to start with it.
post 1705494761 08-25-2024, 08:49 PM
-
#58
  1. theory816
  2. G-Unit
  1. theory816
  2. G-Unit
  3. Join Date: May 2012
  4. Posts: 19,458
  5. Rep Power: 43425
Originally Posted By Briangumble⏩
It would be for me because I know what type of investments I would make and side hustles that I would be able to start with it.
This.
🤴Supreme Self Esteem Crew
5'5 110lb(MIL Spec) Asian Master Race Crew
Yacht/Boat Crew
post 1705494801 08-25-2024, 08:51 PM
-
#59
  1. DrugsToGetBig
  2. So it begins
  1. DrugsToGetBig
  2. So it begins
  3. Join Date: Jun 2012
  4. Location: New Jersey, United States
  5. Age: 33
  6. Height: 6'1"
  7. Weight: 220 lbs
  8. Posts: 38,441
  9. Subscribers: 4
  10. Rep Power: 411438
90% of it would go right into investments

i think it would help longterm but because of how i'd allocate the funds i dont think i'd consider it life changing
*Forever Alone Crew*
*Neg FireofAss Crew on SIGHT Crew*
post 1705494881 08-25-2024, 08:53 PM
-
#60
  1. OliverHeldens
  1. OliverHeldens
  3. Join Date: Oct 2014
  4. Age: 33
  5. Posts: 43,009
  6. Subscribers: 1
  7. Rep Power: 131082
Originally Posted By blueberryboy⏩
Lmao at thinking it's just some trivial thing for the average 40 year old to just stack 400k In 2-3 years

The % of Americans who could even come close that would be extremely small
The average 40 year old isn't doing it, but a person who works in sales can do it pretty easily with any type of discipline. When you're in your 20s and early 30s it's harder to earn $250-300k and actually save it, because it's much easier to piss it away partying and on cars and such. But near age 40, you should have most of the really frivolous chit out of your system and can probably live on a rather small budget
Quick Navigation Top Misc
Bookmarks
Digg.com
Digg
del.icio.us
del.icio.us
Stumbleupon.com
StumbleUpon
Google.com
Google
Facebook.com
Facebook
Posting Permissions
  1. You may not post new threads
  2. You may not post replies
  3. You may not post attachments
  4. You may not edit your posts