>Start by being wagecuck >Invest all money into high risk assets >Eventually something goes exponential in roi >Have a decent stack to distribute across less volatile investments >Place some in high interest CD and Savings accounts >Dividend stocks >Real estate >Gold and silver
This is how I hope my crypto investments and $tsla investments will play out. Is this possible are there really anons who made it in this way so you can now be a comfy NEET and just manage wealth
im an investor, most of my wealth is in the stock market, specifically the sp500. i have a good chunk of money tied up into a small business and also $15k stack of crypto. but i make most of my money wage cuckcing obviously
Parker Martinez
Is there no way put of waging
Bentley Brown
Well you can choose to see this hypothetically, but it's true. I own my homes and cars etc, and I have 10 million USD (1.4 million CAD or ~ 1 mil USD worth of CAD). I gave 9 big to two funds, and I put 250k into crypto and gold, but since i dollar cost averaged a fair bit I can't really say if i'm split 50/50 in these. 750 small i keep for me, wrapped in a company i incorporated to make trades with. This allows me to pursue opportunities wealth advisors would probably never be cool with (like going all in an inverse ETF back in October, or all in gold miners to kick of Q2.
Then you need to work to pay for your day to day.
Let me start of by saying if you are a high net worth individual your day is high net worth, i spend about 2 hours a day managing shit i have. People don't talk about this but it's a real expense (time wise), boats, cars, parents bills, kids, dogs whatever. Time is valuable and possesions eat into mine.
Live your life in a kind of echelon. Think of Buffet who made like 99% of his wealth past like age 60 or something, so try to give your money the time it needs to kick you up to the next stage of your life. I'm not in the fuck you money stage yet, so i'm not going to spend 10 grand a day to live like that yet, but in 10 or 20 years, 10 grand might become 0.001% of what I have working in the market and so that will become possible.
I recommend working to become rich, you could throw your life away trying to get there doing anything else.
Nathaniel Garcia
eventually when your investments becoming large enough you can convert into high yield and income producing ones and live off the income. but it takes time obviously
Henry Powell
And one more thing OP. Assuming you are male, don't fuck up with women.
Nathan Sanchez
Decent advice it's weird how someone else's life can be so complex, but I understand you provide way more value to society than I do.
Im sure though depending on the business you can reduce the costs of your day go day greatly
