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2021-02-06 10:51 27900066 Anonymous (1585246354160.jpg 512x412 50kB)
How much of your portfolio sits in cash? I have a feeling we are about to take a tumble
1 min later 27900099 Anonymous (1609401502620.jpg 1536x1355 157kB)
>>27900066
>liquidity
NGMI
1 min later 27900107 Anonymous (dsfsdfsdfsdfsdfs.png 636x662 158kB)
None.
1 min later 27900127 Anonymous (PepeTasty.gif 112x112 372kB)
>>27900066
0
3 min later 27900189 Anonymous (Screenshot_20210206-040042.png 1080x1920 202kB)
I have 3200 in crypto, 20k in my 403 and 73$ in my bank. I'm going to rope when my crypto dumps and or when it doesn't pump enough for me to retire
7 min later 27900338 Anonymous
>>27900099
Ill buy your bags when they dump
24 min later 27900952 Anonymous
>>27900066
$50k in crypto, $15k in stonks, $13k in cash. I think you're right
27 min later 27901060 Anonymous
>>27900066
currently, slightly less than 5%. but only because i refuse to sell assets, and my monthly income is 0.0005% my net worth
28 min later 27901101 Anonymous
>>27900066
Cash is king in the end times scenario. I have 60% of my portfolio in cash or bonds.
Reserve banks protect my value.
Eat shit no-cashers and enjoy your transaction fees.
29 min later 27901150 Anonymous
>>27900189
>killing yourself over 3.2k dollarinos
30 min later 27901178 Anonymous
>>27900189
>$3k
Lmao you fucking poor zoomers sure are pathetic.
30 min later 27901185 Anonymous
Mmm...I've got 25k in crypto with 4k in usdc. I've also got, idk, like 10k in the bank but that's not part of my "portfolio". Always gotta keep some stablecoins on the side to buy dips
32 min later 27901235 Anonymous
>>27901178
Poor millennial, fuck you very much
32 min later 27901266 Anonymous (8u3qCoZ.png 866x764 773kB)
>>27900066
as a burger, i keep around 5k cash in the bank at any time. literally the worst time to hold a dollar.
34 min later 27901309 Anonymous
90% of it right now. I'm more into stocks than crypto. Maybe after the house stops crying on the floor and starts passing bills that will fuck businesses we'll see a correction.
35 min later 27901379 Anonymous
>>27901235
I'm a millennial too and how fucking pathetic do you have to be 20 years after your adolescence to have less than $100k to your name?
37 min later 27901421 Anonymous
>>27901235
m8 you're millennial, in 20 years you're gonna face retirement and phasing out. How the fuck are you going to survive if you don't at least quadruple your net worth.
38 min later 27901475 Anonymous (7AB11E5B-357E-4F71-9BC6-FF55CFE8CD34.jpg 165x146 8kB)
>paranoid of crash
>need more gains
>gas fees all time high
40 min later 27901537 Anonymous
>>27901475
>paranoid of crash
buy some fucking bonds then and stop putting all your eggs into crypto.
40 min later 27901548 Anonymous
>>27901379
*tips fedora
41 min later 27901558 Anonymous
>>27901101
why is cash king in end times scenario? don't think currency backed by a government would have value "end of times", gold or bitcoin would.
41 min later 27901562 Anonymous
>>27900066
80% cash
42 min later 27901607 Anonymous
>>27901421
Uh no I missed the zoomer cutoff by like a year I don't retire till like 2065, planning in killing myself before then anyhow. Not sure if by motorcycle police chase or with my usp though
42 min later 27901612 Anonymous
>>27900066
Can this be a part 'Portfolio' thread?
I'm confused as to what a 'portfolio' is. Am I wrong in assuming it has to do with a 'stock portfolio'? But I feel like there's a more traditional, /biz/-like understanding of portfolios.
I don't know what they are all in all, but I fucking want one.
42 min later 27901616 Anonymous
>>27901558
because you can't spend fucking bitcoin until you convert it into cash mong. And if everyone wants to exit at the same time your bitcoin is going to be close to worthless.
42 min later 27901622 Anonymous
>>27901537
In stockS
42 min later 27901625 Anonymous (1581508865893.png 834x814 93kB)
>>27900338
Not for sell, fren
43 min later 27901638 Anonymous
>>27901379
its true
44 min later 27901673 Anonymous
I'd be in USD, but the hyperinflation meme is scaring me so I will just hold through
44 min later 27901682 Anonymous
>>27900066
6000 usd in crypto and 300$ in cash
might turn the 6000 into 6300 and the 300 into 0 because i dont give a shit and igmi
45 min later 27901733 Anonymous (corrections.jpg 850x400 33kB)
45 min later 27901744 Anonymous
>>27901616
i can buy a coffee with btc at a local cafe. books online, plane tickets.
46 min later 27901750 Anonymous
>>27901379
Im technically a millenial and only 26, quite a big and important age range for earning cash retard
46 min later 27901781 Anonymous
>>27901548
>muh fedora
You're in your peak earning years and retiring in 20-25 years. Even if your investments quadruple you're going to have $100k to your name.
Good luck living off that or retiring at 90.
48 min later 27901822 Anonymous
>>27901744
Yep, real useful when it's worthless. Gonna live off the coffee shop that's closed books and redeem tickets from the bankrupt airline.
49 min later 27901884 Anonymous
>>27901750
>technically a millennial
You're not fucking zoomer. You were 6 fucking years old during the millennium.
That's like saying millenials are gen Xers because they were born in the 80s.
51 min later 27901943 Anonymous
>>27901822
fuck youre dumb. bad argument. you are the "mong" dumbass.
52 min later 27902006 Anonymous
>>27901943
>bad argument
It's actually a very good argument that you disagree with because you're a mong. If a form of 'currency' is only accepted by 1% of vendor's you're straight up fucked in an end times scenario. Pretending otherwise is fucking delusional as fuck and I can't comprehend how subzero your IQ is to suggest otherwise.
54 min later 27902074 Anonymous
>>27901943
Guess what the first thing the vendors or sellers that accept bitcoin are going to do in the event of a crash?
>Oh sorry we don't accept your worthless meme coins anymore.
Yeah you're truly going to survive holding on to it when everyone is trying to exit.
54 min later 27902088 Anonymous
>>27901178
because hes investing what he can?
55 min later 27902132 Anonymous
>>27902088
>What he can
>In crypto
No he's not investing he's gambling with money he doesn't have.
55 min later 27902146 Anonymous (IMG_20210127_184050.jpg 4608x3456 2673kB)
>>27901558
>bitcoin would
ngmi
57 min later 27902228 Anonymous
>>27901558
bitcoin will collapse long before governments collapse, I will bet every last dollar I have on that.
And I don't mean shitty 3rd world governments mong.
58 min later 27902238 Anonymous
>>27901884
No im a millenial, zoomers werent born in 90s
58 min later 27902239 Anonymous
>£40k crypto
>£40k stonks
>£100k shit tier interest savings
Binance offer 5% APY on just holding cash so I might put some in there
58 min later 27902248 Anonymous
>>27902074
so what do governments do when there is "end times"? print cash. Enjoy holding onto your cash that the U.S gov printed 20% of total in circulation within last year.
59 min later 27902273 Anonymous
>>27902239
Good mix and well diversified. Happy gains and easy retirement in the future bro.
1 hours later 27902348 Anonymous
>>27902248
also im sure your bonds will defo beat inflation. gl loser.
1 hours later 27902361 Anonymous
>>27902248
>Print cash so bitcoin will be worth more!
No, people will want to convert all their assets into cash so they can buy shit.
You're truly a giant mong to think that government backing and reserve banks are not working to preserve value and prevent a revolt in a country.
By the time the world dissolves into chaos you should have used that currency to buy precious metals and start escaping the country into your bunkers.
1 hours later 27902412 Anonymous
>>27902361
they will buy bitcoin, not gold.
1 hours later 27902427 Anonymous
>>27900066
Right now, about 75%.
1 hours later 27902449 Anonymous
>>27902361
only real cash is silver
1 hours later 27902467 Anonymous
>>27902348
>beat inflation
m8 compared to the other fucking class of assets crashing through the floor even if it devalues it's going to look like the dogs balls you fucking retard.
You actually think that in an end times scenario you're looking at gains in any assets? If anything you'll be lucky to hold the assets that lose the least amount of value.
1 hours later 27902479 Anonymous
>>27902132
So enlighten me. What exactly are you doing different that warrants your strategy as investing and his as gambling. You sound like a seething nocoiner IMO
1 hours later 27902498 Anonymous
>trading on feelings
Yeah that's a good idea.
1 hours later 27902506 Anonymous
>>27902412
>will buy bitcoin not gold
Yeh good luck transacting with bitcoin when there's no electricity.
1 hours later 27902545 Anonymous
>>27902506
thats just fucking retarded, what is the point of a rock and cash at that point?
1 hours later 27902550 Anonymous
>>27902479
ETFs, bonds, currency, shares, stuff that doesn't lose 50% of the value overnight.
1 hours later 27902566 Anonymous
>>27900066
None
1 hours later 27902586 Anonymous
>>27902545
I'm sorry paper currency existed before electricity and the government has police and the army and their guns still work to protect your property.
1 hours later 27902628 Anonymous
>>27902550
Oh you're a newfag can you please go back to beddit we really do not want you here i can tell you have never taken a finance class once in your life.
1 hours later 27902734 Anonymous
>>27902628
>newfag
Nah, I've got 12-15% returns year on year during COVID and I also own property and have a steady job.
Enjoy your casino games and keep larping about how you have a 'sound investment strategy'.
1 hours later 27902776 Anonymous
>>27902273
Nobody here wants, needs or cares about your opinion or approval. You've proven how much of a spastic you are several times now.
1 hours later 27902800 Anonymous
>>27902628
>new fag
>he thinks he knows about finance by studying TA charts and buying some shitty inflated meme assets
Kek stop ingesting your finance from youtube you fucking retard.
1 hours later 27902823 Anonymous
>>27902734
My "sound investment strategy" is VOO. Thats it. Stop thinking you are a quant lmao, you're wasting your time. Trying to hit a 10x moon with crypto and investing your money are not one in the same. You literally are a newfag and you're here sspouting about the financial depression when you've never taken finance. Kys retard NGMI.
1 hours later 27902827 Anonymous
>>27902776
>spastic
>Actually believing that Bitcoin is a good store of value in the end times
Why are you so jealous of people with non-sub zero iq?
1 hours later 27902876 Anonymous
>>27902800
I think I know about finance because I minor in it. LOL. Keep seething nocoiner. You are new to stocks, and you are new to /biz/. Really highly doubt you've been investing in the markets for over a year.
1 hours later 27902954 Anonymous
>>27902823
>Quant
Nah, you did good with your ETF purchase.
>never taken finance
>finance is hard hurr durr
I have a commerce degree finance was ezpz low iq bullshit that people pretend is very hard or difficult to understand.
1 hours later 27902967 Anonymous
>>27902776
Hes literally a spazzing 25 year old who got into stocks last year and now thinks his shit returns are going to be any better than if he were to just throw his money into an index fund. All these "financial depression threads" are full of newfags like him.
1 hours later 27902972 Anonymous
>>27902876
>I minor in finance
Come back when you actually complete your studies fucking mong.
1 hours later 27902973 Anonymous
>>27901101
This has to be troll
1 hours later 27903005 Anonymous
>>27902967
>25 years old
I've got a $500k portfolio at 35 enjoy being poor forever.
1 hours later 27903014 Anonymous
>>27902954
I'm not saying its hard, I'm just telling you: you're talking out of your ass.
1 hours later 27903070 Anonymous
>>27903005
Enjoy being a sad, miserable larper forever. I bet you claim benefits ya sad waste of o2
1 hours later 27903089 Anonymous
>>27903014
>you're talking out of your ass
Nah, you just think you're special cause you went to university.
Nigger everyone with half a brain studies, the finance majors are the ones that failed to get into Medicine, Engineering, Law or Accounting. Stop pretending you're hot shit fucking mong.
1 hours later 27903093 Anonymous
>>27902972
I take finance classes to learn about finance. So that when I talk about finance, I can know I am not coming up with things off the top of my head.
1 hours later 27903113 Anonymous
>>27903070
Yeah, I'm larping because you wanna get rich quick with crypto
LMAO
1 hours later 27903132 Anonymous
>>27903093
>You take finance classes to learn about finance
I've already graduated and applied my knowledge. You're at step one, so shut the fuck up you're a smug retard who knows nothing.
1 hours later 27903185 Anonymous (1612563646238s.jpg 125x70 2kB)
>>27902586
have fun selling your bar of metal for 2 loafs of bread when the shit hits the fan
1 hours later 27903218 Anonymous
>>27903185
Yes, at least I'll have bread instead of worthless electronic assets that you can't cash out without a phone or computer.
1 hours later 27903246 Anonymous
>>27903185
>haha look at me I have so much bitcoin
>have to convert it to cash to buy anything
>I sure made the right choice
Imagine being this retarded.
1 hours later 27903335 Anonymous
>>27903246
U are such a seething nocoiner coping that you didn't buy $MCDC at .002
1 hours later 27903502 Anonymous
>>27901379
>>27901379
You can't be this out of touch with reality. Ever heard of...I don't know, genes, chemistry, environmental factors, access to water/food/information, not being born with someone feeding you? disabilities? can't see the dominos fall, even when being able to see the 100 foot one? Other countries and regimes and how people have to spend their limited mental resources to surviving in those places, with those factors? Im not even bad tho, seen people like you behind a curtain, you are a sad miserable narcissist who falls into a bit of despair,then you go on for weeks having self pity thinking why no one truly likes you and how alone you really feel, only to go back to your old jackass self in a pinch, 5050% either getting drunk and a tooth knocked out spouting stupid irl shit like you just posted, forgetting other people actually aren't sociopaths and don't thing you are "based". You will always be alone, because your values are so corrupt no one wants anything to do with you for more than a year, if they do, they are just as trash as you and you will keep undermining any actual personal development by just keeping in touch. Your kind will never stick together. You should hang yourself, fail and hope the temporary suffocation killed at least a tiny part of what you are now. badrngbros don't ever listen to fucks like this, yes we all want to/like to be rich but these types of scabby weasles aren't happy because they are sociopathic midwits who have lucked out in life, struck 5 figures early and get past that, so they try and make others feel like shit about life so their measly 5 figures looks like a lot of money. Fucking suck it and enjoy being in fake relationships your entire life, you shallow troglodyte.
1 hours later 27903562 Anonymous
>>27903246
Anon, it's not too late. Buy $MCDC
YCSMI
1 hours later 27903609 Anonymous
>>27903005
ALL IN $MCDC AND $GRT GO GO
1 hours later 27903610 Anonymous
>>27900066
700k in crypto 100k in cash
1 hours later 27903631 Anonymous
>>27903335
>Blind faith bitcoiner
I have some disposable income I've put into it for fun. I expect to lose it all but I'm not a no-coiner.
>>27903502
tl;dr
I'm not invested enough in your copypasta to care.
1 hours later 27903709 Anonymous
>>27903502
that hit hard bro
1 hours later 27903730 Anonymous (146923236_708371946543747_1635731740170738164_n.png 800x800 523kB)
>>27903631
ALL IN $MCDC YOU WILL BE PLEASENTLY SUPRISED I PROMISE
1 hours later 27903771 Anonymous
Anyone who genuinely thinks there is likely to be societal collapse would have significant assets of alcohol and other drugs, as well as firearms and munitions of course. Cash would be worthless, cryptocurrency extra worthless.
1 hours later 27903825 Anonymous
>>27903502
Wagie cope
1 hours later 27903826 Anonymous
>>27903730
Nah, I like keeping my money.
>>27903771
I agree with you, but we're in the pre-societal collapse stage and the first thing to go down would be inflated asset stores of clueless zoomers. With cash going down before precious metals and food being the ultimate store of value if society collapses.
1 hours later 27903891 Anonymous
>>27903826
>food being the ultimate store of value if society collapses
Sounds like I should buy &MCDC
1 hours later 27903898 Anonymous
>>27903771
In all reality, firearm ammo would be the absolute best thing to have your money in during a financial or societal crisis as long as you have connections on where to sell it.
1 hours later 27903932 Anonymous
>>27903825
The problem with wagies is their addiction to living way past their means with credit.
Instead of investing prudently they go for lotto tickets and zoomer wagies go for bitcoin and GME.
Then they cry about how the game is rigged against them and the hedgies are bullying them.
>>27903891
Mcdonalds will stop accepting the coin long before they'll stop accepting cash and your daughters virginity.
1 hours later 27903949 Anonymous
>>27900066
84eurobucks
1 hours later 27903954 Anonymous
>>27900066
$50k mutual funds
$10k IRA
$15k savings
$2k checking
$8k crypto
$2k stonks
This shit would be entirely different if I wasn't married. But I have to ask, why do you predict tumble?
1 hours later 27903955 Anonymous
>>27903826
stay poor ngmi
1 hours later 27903964 Anonymous
>>27902006
the pizza parlor won't accept gold so it's worthless
1 hours later 27903968 Anonymous
>>27900099
this is exactly why there were so many homeless people in the '30s.
1 hours later 27904003 Anonymous
Why are some of you so sure that crypto’s not crashing along with foat?
1 hours later 27904010 Anonymous
>>27903932
Stop larping, you're a wagie
1 hours later 27904017 Anonymous
>>27903898
You can easily buy any amount of ammo if you have enough food stores in a well protected area.
>>27903955
>stay poor
What's your net worth? I have enough to retire today with my passive income.
>>27903964
>Pizza parlor won't accept gold.
There won't be any pizza parlors once cash collapses. You won't be able to buy bread at the supermarket with what's in your wallet so you're a bit ahead of the scenario.
1 hours later 27904027 Anonymous
>>27903631
>unable to form an actual paragraph because no class, culture or actual brain and thinking everything anyone says that's over 2 sentences is a copypasta
haha sure keep pretending that's what you're best at, telling you bro, the sooner you realize what a meme you are the better, trust me, it finally hits when the distractions wont work anymore and no one gives a shit about you...
1 hours later 27904062 Anonymous
>>27904017
500k enough to retire with passive income from etfs? u RLY are new to stocks huh
1 hours later 27904068 Anonymous
>>27900066
Kek he thinks bitcoin hasn't bottomed yet
1 hours later 27904105 Anonymous
>>27904017
Stop talking out of your ass, PLEASE dude. Did you follow the prices of ammo after Covid hit? If a financial crisis were to hit one of the very first industries to be impacted would be the firearms industry. If it were to be a societal collapse, the government would most certainly make it more difficult to obtain ammunitions
1 hours later 27904135 Anonymous
>>27904010
>you're a wagie
Kek if you actually had any amount of money, you'll figure out that holding on to it is more important than your 40% swing assets that are DDD investments for fools.
>>27904062
It is enough, I own my own home and can easily live off my 12% returns
Are you actually pretending you can't live off $60k if you own your own fucking house?
Jesus fuck you wagies have no idea how to retirement planning works.
1 hours later 27904143 Anonymous
he goes down
this will make u reddit fags weep
LMAO it pump
then KEK it dumps
why u cry like a lilboi??
ar u lose one more time with your shit bot for trading?
> be clever use bot ocean for cex and dex trading, forget about scam strategies
1 hours later 27904159 Anonymous
>>27904105
>did you follow the prices of ammo
No, because I'm not a retard who lies in dumbfuckistan.
1 hours later 27904176 Anonymous
>>27903954
>But I have to ask, why do you predict tumble?
Have you been living under a rock for the past 12 months?
1 hours later 27904180 Anonymous
>>27900066
Almost all of it and I'm a fucking idiot for it and now I'm too deep to change until a correction which will probably not be for years.
1 hours later 27904209 Anonymous
>>27904135
are you working for a company? you're a wagie. My net worth is barely lower than yours and I am younger and also dont wage cuck but I am also a schizo and dont give dataminers info.
1 hours later 27904247 Anonymous
>>27904010
I don't think he's a wagie, but he is worth like 5 figures, got started by "SAVING" hahahah keeping the thousands papa and granny gave him growing up, now has a crazy ego, because he thinks he is so much smarter than the rest, not thinking about what gave him the edge, the same people that you always do favors for and they get pissed if you bail once. Easy way to spot larping richies is the fact that they act like what a poor person thinks a multimillionaire acts like. God sorry for the grammar and sentence structure, folks. No sleep is going strong for days now
1 hours later 27904282 Anonymous
>>27904062
>not enough to retire on $500k in stocks
Even if you get 7% returns on $500k that's $35k PA.
If you own your own fucking house you can't survive?
What sort of diamond encrusted country do you live in?
>>27904209
>Are you working for a company
No, I'm a professional I practice as a contractor and pick and choose my assignments.
1 hours later 27904285 Anonymous
>>27904159
You didnt? Than why the fuck did you mention the prices of ammo during a collapse as if you knew what would happen with then? Fucking idiot. Certain rounds went from cents per round up to like 50c, $1.50. Insanely expensive. Many individuals saw thiss coming and bought ammo before the crisis. It would almosst certainly be a valuable resource in times of crisis. Especially 22
1 hours later 27904312 Anonymous
>>27904180
Same shit here bro.
I've been accumulating this month during the ups and downs and a few days ago I sold all my btc at 35k thinking it will dip again to <30k and now I'm watching everything go green while my eyes are red holding shitty FIAT.
1 hours later 27904320 Anonymous
>>27903709
if that hit you, you are already past the dip, continue on brother, humanity is waiting for you
1 hours later 27904426 Anonymous
Just the last 8% waiting in case of a dip further down into the 20k area.
I'm gonna put it in when it crosses the all time high.
1 hours later 27904434 Anonymous
>>27904282
Dude. There are entire boards and forums of people asking whether or not 500-600k would be enough to retire off of ETF gains. Anyone will tell you 25x income, atleast 2m. 10% is the average rate that the SNP grows every single year, it's not special that you can get those returns. If everyone could put all their money into vanguard and get 10% a year when they have 500k, why wouldnt they? Because taxes, crashes, volatility. There might be years where you are losing money, there might be sssome where you dont make any at all. Thosse years are taking money out of your base investment. What do you do once its gone?
1 hours later 27904512 Anonymous
>>27901178
Aw, come on man.
1 hours later 27904547 Anonymous
>>27904247
>crazy ego
No, I just worked hard and invested early. It's very easy to get to 500k if you start putting away cash when you start working.
I didn't splash cash on my first car or going out every night 'living it up'.
Worked hard at school got a scholarship, used the scholarship money to invest in ETFs, shares, bonds and put away about $10,000 a year from my earnings.
You mongs and your get rich quick schemes can suck my cock.
1 hours later 27904660 Anonymous
>>27904434
>at least 2m
Kek, keep your spending low and you can retire. Don't expect to live like a king and you can retire early.
1 hours later 27904661 Anonymous
>>27904547
just go do some research on ETFS, withdrawal methods, vanguard, etc, and than if you want to talk about shitcoins research DeFI. Than come back to /biz/ and we might accept you
2 hours later 27904712 Anonymous
>>27904661
>come back to biz and we might accept you
Nah I don't want to be accepted by zoomer coin shills with low net worth gambling with your 2020s tulip fever.
2 hours later 27904816 Anonymous
>>27904660
It's not anything about spending like a king dude. You really have so much to learn about money I am surprised you are 35 this is why we think you are larping. 500k is NOT enough to retire under ANY circumstance. You will eventually burn all that money during years of economic depression, and you will absolutely not be saving up enough through the passive income to act as a rainy day fund for those years. Literally just look up withdrawal methods and "how much money do I need to retire off sstockss" like jesus. My friends dad owned 5m+ worth of random old boomerstocks because hes like 70, he does not make 500k a year. It's not that easy.
2 hours later 27904857 Anonymous (D58D0391-2718-4786-9496-D0EAFBC8BCC8.png 710x399 322kB)
>he doesn’t follow Dave Ramsey personal finance budgeting advice
You deserve to suffer.
12 Months emergency fund covering all expenses or you’re a full retard.
2 hours later 27904957 Anonymous
I don't think you understand the amount of power and freedom you get when you have almost half your working life left to go but you're not reliant on your paycheck to survive.
>>27904816
>you have so much to learn
I think you're the one that's so far up their own ass you don't know what you're talking about
>you will eventually burn all that money during years of economic depression
Nah, I have fucking cash, I'll just buy up more assets because I have time on my side you fucking mong. As I get older I'll put more of my portfolio into bonds and cash securities. You fucking zoomers should stop talking out of your arse pretending that there are no defensive strategies for investing just because you watch dogshit off youtube.
2 hours later 27905014 Anonymous
>>27904816
>he doesn't make 500k per year
If you make $500k per year you're really fucking stupid because the tax will kill you. The right course of action is to park that money into property or some other growth asset to reduce your fucking income.
Quit larping just because your daddy does some investing and you're playing with house money.
2 hours later 27905085 Anonymous
0.0%
2 hours later 27905095 Anonymous
>>27904816
>500k isn't enough to retire on.
You get $50k per year on a 10% return in a bad year you're gonna get $35k - 30k. If you can't live on $35k when you own your own home you have some serious mental issues or you have a drug problem.
2 hours later 27905107 Anonymous
>>27905014
but anon, how are you gonna sell a house when the world collapses
2 hours later 27905145 Anonymous
>>27905107
I don't need to sell my house when the world collapses.
I'll just live in it. If the world collapses everyone is going to be fucking poor anyway and cash will be worthless so you're just as fucked as everyone else.
At least I got some good years playing vidya and not worrying about money fucking retards.
2 hours later 27905204 Anonymous
>>27905145
To add to this, wealth is always relative.
Years ago wealthy man was the one with the most goats. As long as I'm ahead of you I'll be fine.
3.395 0.175