>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
Ryder Evans
What do you mean by this? How could i?
Colton Hernandez
Is tesla worth getting into now? Seems like they are dropping hard.
Nolan Wood
That's when I finally started buying. I waited years for an opportunity because I thought it was overvalued when it was +$300
Now it's finally corrected and ever since it fell under $200 I've been DCAing into it heavily. I recently drove one too and plan on owning one eventually. It really is the best car on the market right now in every single respect.
Don't listen to fud about it online too. I've started threads to discuss Tesla on /o/ and mods delete the threads within minutes.
Samuel Rodriguez
Without trying to go full on self-loathing masochist on you, I'm kind of a rent-seeking parasite. Don't have kids before you can support yourself at 200% (that means if you live on 100 grand/yr, you now need means of making 200 grand/yr, and this multiple continues with every new child. 4 kids is nightmarish because i had to buy a 6 bedroom house for example.
DO NOT marry the wrong person. DO NOT marry somebody for singular attributes, and just in general be intelligent about this one. No self-help book here will get you through picking the right partner, just think logically.
One more thing because I see you talking about tesla. Tesla is a 50 bil mcap company, and it's a pioneer. But being right about where tesla will be in 5 years does not mean you will make money being in Tesla stock.
Don't chase being right, just win
Jayden Torres
To be fair I do see the opportunity for upside. IF the Y, the Truck, the Semi, etc take off they could easily double in price. And if their autopilot happens first? They will be printing money and go 4x no problem. But I also see them as about 30% chance to go to $50 before being bought out.
Thomas Anderson
Thanks user. I understand though but for kids I'm far from that. And I just recently found an amazing woman but she made it clear she dates up and apparently I didn't meet her requirements.
Now that I'm about to be jobless though, should I just focus on some of my businesses though? And where should I direct the little money I have saved up ~$20k
Should I direct it into my self employment that is already making me money and just scale it up, or should I direct it into other potential self employment idea I have.
Aaron Torres
All in on VID at 15000% growth in 2 months, all is good~ Their presale is ending the next 2 days so be fast!
Yeah see the kind of gal that tells you she dates up is nightmarish If you have side hustles and they work for your lifestyle go all in those. Scale em up, make sure you keep in mind a backup strategy if every one of those business makes zero dollars for an extended period of time
Live small lose small
Noah Lee
Best way to invest $100? I learned discipline and stopped spending money on frivolous things. It was hard, but worth it. I have $5,000 in my checking account. I'm just adding to it each paycheck. However, I don't know what to do with it. I'm trying to learn how to spend the smallest amount properly first.
Should I just drop the $100 in Robinhood and hope for the best?
Austin Reyes
I invested about 7k into chainlink in 2017. Worth about 120k now. Was worth 250k+ at its ath. Feel pretty good about it.
Jordan Reed
Autopilot already is standard in Teslas. It's full self driving regulations that is up to the government if it will be allowed.
Also consider how bullish all of us Tesla shills are. Look at how hard it bounced after $180 bottom. Do you think we'd let it go down to $50 with out buying the fuck out of it. Shit every chance it goes under $220 and I market buy it.
Robert Campbell
I will scale up then in my business. Appreciate your conversation user. Your kids are lucky.
Colton Gomez
how tf did you get to 10M networth by working to become rich? which profession?
Noah Ramirez
Elon musk is running the biggest ponzi in american history. You will get rekt beyond comprehension holding $tsla kid.
That's the most retarded headline because you clearly don't understand autopilot
Nolan Campbell
If by some miracle Im ever rich, Ill will unironically have a ranch in florida and in Newfoundland and sail between them.
James Flores
So like Modern Cars have a flexible THICC plastic bag over their fuel tanks "called a Fuel Bladder" this prevents Fires and explosions. Does Tesla have armored plating around its Lithium batteries of is it just there?
