WOuld you be happy with 500,000 dollars...

WOuld you be happy with 500,000 dollars? I feel like that’s the peak my portfolio can hit assuming bitcoin does a 10x and that’s making me kind of depressed. I feel like it’s not enough

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more is never enough

the problem is the taxes.. 500k plus your regular income is taxed at what 33%?

kek

are you dumb?

localbitcoin

it would be long term so 15% of 500k is 75k so id have 425k (lets say ~400k after other fees) left over. fuck. can i live a good life off that?

Take it to market... Make 5% monthly trading condors or just on covered calls on dividend Blue chips or bdcs. Make 30%ish back on premium+divvies+cappgains. Take whatever scalps you can on market downturns and wait for btc to bottom out and wait for the next gbr.

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>can i live a good life off that?
no, you need $1.5m minimum

A gain is a gain. As long as you come out green, you come out ahead.

So yeah, $500k is fine by me.

>muh taxes

Yeah shit sucks, but you realize that you only pay a portion based on your net capital gains, right? Money is still made.

You need at least 5 million. My target is like 7 or 8 million.

how many million do you have so far

>I feel like that’s the peak my portfolio can hit assuming bitcoin does a 10x and that’s making me kind of depressed.

then youd better adjust your expectations because youre not gonna sell at the very top

I was a temporary millionaire user. You’ll adjust pending you aren’t an idiot. Pay off your debts first.

GET MUGGED!

500,000 and you're close. I could personally live off of that with my frugal ways by investing into div stocks. However, I think you need the 7 digits to say you've truly made it.

Yes, I'd unironically retire off $500k. I'd buy a modest home right away since rent/mortgage is the biggest expense and I'd basically just need to pay for basic survival necessities and internet to continue stealing all forms of entertainment.

I just want to smell a woman's ass.

If you have a 1MM house and invests around 400K in properties with tenants. I will be fine with 500k. But if not.... its not enough. I live in a 600k house and have 450K invested in properties with tenants and $20k in the bank because I spend like there is no tomorrow. I need to give up this spendy life and do some savings

Would be more than enough for me.

When you got that money then you will say this shit is not enough... I will say Im done if I have 12MM with that shit I can live a good life

That chick goes to Dubia and gets auctioned off, pissed on, shit on, etc. Nasty bitch, 27 so the wall is near