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Forum » Crossed $3M net worth
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Thread: Crossed $3M net worth

post 1699630953 03-23-2024, 11:51 PM
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#91
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Originally Posted By Rebel012⏩
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.
If you make a 6 figure salary, you're accumulating 6 figures every year
post 1699630973 03-23-2024, 11:53 PM
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#92
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Originally Posted By Destor⏩
If you make a 6 figure salary, you're accumulating 6 figures every year
Only if you're a railroad mogger living with your mom and have no expenses.
post 1699631083 03-23-2024, 11:55 PM
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#93
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Originally Posted By aranadiscoteca⏩
Only if you're a railroad mogger living with your mom and have no expenses.
Next stop: FIREville
post 1699631333 03-24-2024, 12:06 AM
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Originally Posted By Destor⏩
If you make a 6 figure salary, you're accumulating 6 figures every year
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.
post 1699631483 03-24-2024, 12:12 AM
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Originally Posted By Rebel012⏩
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.
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.

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.
post 1699633683 03-24-2024, 02:00 AM
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post 1699646383 03-24-2024, 11:17 AM
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post 1699646533 03-24-2024, 11:20 AM
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post 1699646803 03-24-2024, 11:27 AM
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Originally Posted By Silence2⏩
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.
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.
post 1699647553 03-24-2024, 11:45 AM
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#100
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Your future ex-wife and guy she leaves you for have the bag secured.
post 1699647583 03-24-2024, 11:46 AM
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#101
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Originally Posted By eddiehaskell⏩
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.
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.
post 1699647773 03-24-2024, 11:48 AM
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#102
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imagine bragging aobut having a million dollars when you spent your entire life misc fapping and TV
post 1699647823 03-24-2024, 11:50 AM
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#103
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Originally Posted By Rebel012⏩
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.
it sounds like op is living his life...so why should he spend money on "lifestyle" solely to attract women?
post 1699647833 03-24-2024, 11:51 AM
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#104
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Originally Posted By Luc1fer⏩
Have ~$150k or so not tracked here. Aiming for $5M FIRE



Great job OP. Do you have a breakdown of the assets such as 401k, house, taxable account etc?
post 1699647943 03-24-2024, 11:53 AM
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#105
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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
post 1699647973 03-24-2024, 11:53 AM
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#106
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Congrats boyo, well done!

post 1699648033 03-24-2024, 11:54 AM
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#107
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Fantastic! Well done darlin!
National Level Competitor (Female BB)
post 1699648383 03-24-2024, 12:01 PM
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#108
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Originally Posted By Masterchieffer⏩
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
The S&P 500 is up 32% over the last year, NASDAQ is up 39%, Dow is up 23%
post 1699648533 03-24-2024, 12:06 PM
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#109
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Dayum, congrats brah!
post 1699648563 03-24-2024, 12:06 PM
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#110
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Originally Posted By eddiehaskell⏩
it sounds like op is living his life...so why should he spend money on "lifestyle" solely to attract women?
He shouldn't. That was based on a misunderstanding.
post 1699656083 03-24-2024, 03:53 PM
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#111
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Originally Posted By JuanLee⏩
Your future ex-wife and guy she leaves you for have the bag secured.
That's why you do a strict prenup
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
post 1699656583 03-24-2024, 04:03 PM
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#112
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Originally Posted By AtLifts⏩
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
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
post 1699656833 03-24-2024, 04:09 PM
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#113
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Good for you, OP. Srs. May we all make it to some extent one day
post 1699657493 03-24-2024, 04:23 PM
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#114
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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.
Freedom of speech is a principle pillar of a free government; when this support is taken away, the constitution of a free society is dissolved and tyranny is erected on its ruins.

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post 1699658023 03-24-2024, 04:33 PM
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#115
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Strong username to post content ratio
"It's hard to be yourself in a world filled with haters" - WiseOldApe.

"Why be anything when you can be an influencer?" - WiseOldApe.

"It's not about what is said - it's about who it is said by" - WiseOldApe.
post 1699658333 03-24-2024, 04:40 PM
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#116
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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.
Do not think that what is hard for you to master is humanly impossible; and if it is humanly possible, consider it to be within your reach.
post 1699658803 03-24-2024, 04:54 PM
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Originally Posted By kimm4⏩
Fantastic! Well done darlin!
I guess when you have 1 million+ net worth you get upgraded from "friend" to "darlin"
post 1699659913 03-24-2024, 05:21 PM
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#118
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Congrats mane. I'll be there soon. Probably about 3 years depending on the market. How old are you?
post 1699660023 03-24-2024, 05:24 PM
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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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