My business puts me in constant contact with the upper middle class. The kind that have designer yoga pants, a second hand Bentley or Land Rover, and kitchens that are larger than some apartments.
I notice they don't really...do anything. They're just not tied to a schedule, take their time, have days off all the time. All they "do" is work out and drink heavily.
What is their source of income??
I figure it's money markets, stocks, startup investments etc but I want to know how to have that kind of revenue.
They live at the edge of their means, I could be rather comfy with that kind of money because I tend to save it up.
I have $12,000 I've put away and have no allocation in mind. How do I get comfy?
they are constantly reaping dividends from whatever their assets are in. real estate, stock market, businesses they own. They don't do anything because they don't have to.
Lucas Rivera
I know I don't have a lot to throw out into the game, but with $12-20k what can I do?
Cameron Lee
and to follow up, most successful people in this country inherit some kind of wealth to begin with. some of these people you meet probably have never or will never do anything worthwhile for the market but will perpetually be rich, passing shit on to the next generation.
honestly, hope for the best in crypto. find the oil field before vehicles are invented. stock market gains are a few percent annually and that is jack shit with your savings.
Kevin Robinson
Most of these people breed shrimps. Yeah, I knows it seems silly but did you know if you do it well you could sell each for $10? All you gotta do is have a nice tank, feed them some food and let them do their thing. Soon you will have a big colony of shrimps, like 100+ shrimps.
Jose Baker
A mix of daddy's money, credit card debt, and your confirmation bias. Stop worrying about what others have, and you'll enjoy life more.
Bentley Allen
this shrimp are a one time expense that pays you endlessly
Kevin Young
Last year I got out of welding and into shrimp breeding. I was pulling in about $300K/year welding, but right now I'm on track to hit $500K this year with shrimp.