Thread: Crossed $3M net worth
03-23-2024, 10:51 PM
#91
Originally Posted By Rebel012⏩
If you make a 6 figure salary, you're accumulating 6 figures every year
He means accumulate 6 figures and invest, not make a 6 figure salary. Yeah, plenty of people do the latter, and then owe 500k in debt.
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03-23-2024, 10:53 PM
#92
Originally Posted By Destor⏩
Only if you're a railroad mogger living with your mom and have no expenses.
If you make a 6 figure salary, you're accumulating 6 figures every year
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03-23-2024, 10:55 PM
#93
Originally Posted By aranadiscoteca⏩
Next stop: FIREville
Only if you're a railroad mogger living with your mom and have no expenses.
03-23-2024, 11:06 PM
#94
Originally Posted By Destor⏩
No, that's not what it means. Actually, not sure if serious–save 6 figures after all expenses and invest. Not everyone who makes 6 figures does that.
If you make a 6 figure salary, you're accumulating 6 figures every year
03-23-2024, 11:12 PM
#95
Originally Posted By Rebel012⏩
I understand that. But if you make 6 figures a year after taxes and live like you only make 50-75k a year, after only 4 years you will have saved 100-200k.
He means accumulate 6 figures and invest, not make a 6 figure salary. Yeah, plenty of people do the latter, and then owe 500k in debt.
It's not rocket science how to make 6 figs and how to save 6 figs. The problem is people tend to spend money as soon as they make it
My main point was finding the right investment strategy to turn 100k into a million is probably significantly harder than saving 100k, unless you want to play it the safe way and put it in an index fund.
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03-24-2024, 01:00 AM
#96
Originally Posted By aranadiscoteca⏩
My brother in law just retired semi early and he hates it. He spent his entire adult life slaving for a corporation and pinching pennies and he doesn’t know what else to do with his time or his money. He lives the same life now except he sits at his computer at home instead of at an office. He has no idea how to have fun or how to spend money enjoying life.
Have you FIREd or are you still working?
03-24-2024, 10:17 AM
#97
Originally Posted By 6gorillion⏩
This
It's not opinion at all, it's fact.No one is saying to "simp" for women you fkn dunce.
But the vast majority of attractive women worth a damn want to be with a dude with a more interesting lifestyle than some boring geek that just says "look at graph go higher!"
Both dudes have 3M…who would she rather be with the guy that has hobbies like skiing, traveling, has a nice-ish car and condo, vs the dude that lives like he's penny pinching and complains about paying on the 1st date?
But the vast majority of attractive women worth a damn want to be with a dude with a more interesting lifestyle than some boring geek that just says "look at graph go higher!"
Both dudes have 3M…who would she rather be with the guy that has hobbies like skiing, traveling, has a nice-ish car and condo, vs the dude that lives like he's penny pinching and complains about paying on the 1st date?
When you’re in high school or college money doesn’t matter and you can attract beautiful women being broke.
When you’re 40 it’s another story. You waited too long and now you have to spend money on lifestyle. No woman wants to be with a 40 year old penny pincher.
03-24-2024, 10:20 AM
#98
Originally Posted By Luc1fer⏩
Yeah an $8k new top-of-line PC is a great way to attract women.
It's weird you continue to mischaracterize me. I live in a nice condo, stay in nice hotels, don't think twice about daily expenses, order in & eat at nice restaurants most weekends, spent almost $8k on new top-of-line PC and TV within the last few months.
I don't even budget lmao
I don't even budget lmao
03-24-2024, 10:27 AM
#99
Originally Posted By Silence2⏩
that's called simping. perhaps showing her the lifestyle then taking it all away to see if she really likes you could be a fun experiment.
This
When you’re in high school or college money doesn’t matter and you can attract beautiful women being broke.
When you’re 40 it’s another story. You waited too long and now you have to spend money on lifestyle. No woman wants to be with a 40 year old penny pincher.
When you’re in high school or college money doesn’t matter and you can attract beautiful women being broke.
When you’re 40 it’s another story. You waited too long and now you have to spend money on lifestyle. No woman wants to be with a 40 year old penny pincher.
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03-24-2024, 10:45 AM
#100
Your future ex-wife and guy she leaves you for have the bag secured.
03-24-2024, 10:46 AM
#101
Originally Posted By eddiehaskell⏩
No it's not. It's called living your life, and then you'll attract women with similar lives and interests. If what you're saying is you like living broke in a box, then ok. Maybe you'll find a like-minded woman if you're very interesting or a brilliant artist, but honestly you don't sound like it.
that's called simping. perhaps showing her the lifestyle then taking it all away to see if she really likes you could be a fun experiment.
03-24-2024, 10:48 AM
#102
imagine bragging aobut having a million dollars when you spent your entire life misc fapping and TV
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03-24-2024, 10:50 AM
#103
Originally Posted By Rebel012⏩
it sounds like op is living his life…so why should he spend money on "lifestyle" solely to attract women?
No it's not. It's called living your life, and then you'll attract women with similar lives and interests. If what you're saying is you like living broke in a box, then ok. Maybe you'll find a like-minded woman if you're very interesting or a brilliant artist, but honestly you don't sound like it.
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03-24-2024, 10:51 AM
#104
Originally Posted By Luc1fer⏩
Great job OP. Do you have a breakdown of the assets such as 401k, house, taxable account etc?
Have ~$150k or so not tracked here. Aiming for $5M FIRE
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03-24-2024, 10:53 AM
#105
What software do you use to track NW?
Crazy to have your NW go up by 39% in a year. You must be in some risky investments
Crazy to have your NW go up by 39% in a year. You must be in some risky investments
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03-24-2024, 10:53 AM
#106
Congrats boyo, well done!
03-24-2024, 10:54 AM
#107
Fantastic! Well done darlin!
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03-24-2024, 11:01 AM
#108
Originally Posted By Masterchieffer⏩
The S&P 500 is up 32% over the last year, NASDAQ is up 39%, Dow is up 23%
What software do you use to track NW?
Crazy to have your NW go up by 39% in a year. You must be in some risky investments
Crazy to have your NW go up by 39% in a year. You must be in some risky investments
03-24-2024, 11:06 AM
#109
Dayum, congrats brah!
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03-24-2024, 11:06 AM
#110
Originally Posted By eddiehaskell⏩
He shouldn't. That was based on a misunderstanding.
it sounds like op is living his life…so why should he spend money on "lifestyle" solely to attract women?
03-24-2024, 02:53 PM
#111
Originally Posted By JuanLee⏩
That's why you do a strict prenup
Your future ex-wife and guy she leaves you for have the bag secured.
Originally Posted By BiteTheHand⏩
imagine bragging aobut having a million dollars when you spent your entire life misc fapping and TV
Everyone wants entertainment, nothing wrong with miscing, it's fun
at least he can live a comfy life
03-24-2024, 03:03 PM
#112
Originally Posted By AtLifts⏩
people might think those with some money should be living a glamour lifestyle…not always the case. there's dudes out here with $10m that like nothing better than something like sitting in a tree stand or waiting around all day with a fishing pole
That's why you do a strict prenup
Everyone wants entertainment, nothing wrong with miscing, it's fun
at least he can live a comfy life
Everyone wants entertainment, nothing wrong with miscing, it's fun
at least he can live a comfy life
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03-24-2024, 03:09 PM
#113
Good for you, OP. Srs. May we all make it to some extent one day
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03-24-2024, 03:23 PM
#114
GJDM.
I just started looking at my retirement plans over the last month. Will probably coast for 10 years and continue maxing investments. After 10, assuming min 4% interest on investments, I will be able to retire and live off of interest just a little under my current salary. If I can't get more than 4%, the world has gone to $hit and it was probably all for naught anyways.
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03-24-2024, 03:33 PM
#115
Strong username to post content ratio
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03-24-2024, 03:40 PM
#116
Congrats. Don't see why people are hating I don't really see you bragging a lot or anything. Mirin discipline to not say fuk it and leave everything behind.
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03-24-2024, 03:54 PM
#117
Originally Posted By kimm4⏩
I guess when you have 1 million+ net worth you get upgraded from "friend" to "darlin"
Fantastic! Well done darlin!
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03-24-2024, 04:21 PM
#118
Congrats mane. I'll be there soon. Probably about 3 years depending on the market. How old are you?
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03-24-2024, 04:24 PM
#119
Originally Posted By eddiehaskell⏩
people might think those with some money should be living a glamour lifestyle…not always the case. there's dudes out here with $10m that like nothing better than something like sitting in a tree stand or waiting around all day with a fishing pole
You have to remember, when you retire, ideally you want to live off of like 3.5-4% of your invested money.
So $1 million will mean $35k-40k/year of free money that should last nearly forever. Only start blowing it if you don't want to pass anything on.
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