Absolutely, if I had 2 million dollars (which if you ask me isn’t that crazy anymore) and put it all into simple things like CD’s at 4% for 1 year i would make $150k a year which I could just live off. After all taxes I would still walk away with more than I currently make yearly.
Now how do I get my hands on that? Anyone know anyone?
“Cash Rules Everything Around Me” for anyone else who, like me, had no idea what the title acronym stood for.
Wu-Tang Clan ain’t nothing to fuck with.
That’s nearly always been the way to make money.
Look up most of the mega rich people now, even the “self-made” ones and you’ll find 99/100 of them came from money.
The other way is luck. Be in the right place at the right time with the right skills to take opportunity’s hand… and pull the ladder up behind you so nobody else can follow.
It’s true. And any rich person that tells you otherwise is lying (potentially to themselves). This is why I am a big fan of Gary Stevenson who came from a working class background, got rich, and is now actively working his butt off trying to extend the ladder down to the rest of us. I recommend everyone read his book The Trading Game.
This is how capitalism worked from the beginning. Nothing new, just progressively worse and worse.
Don’t we love capitalism!
how to make 1 million?
start with two million!Honestly though. I wanted to look into starting a business some years ago and most everything required you to have ass loads of money before you could get a loan.
Crash Rude Elephants About Me
Is that a band name and song title, or are you experiencing aphasia? 🤔
Bit of both, The White Room immediately came to mind and so I wanted to see if Clapton and others named their band after an acronym, only to discover that they didn’t. So I made one: Clapton Really Eats Ass Mostly
dolla dolla bill y’all
“The last capitalist we hang shall be the one who sold us the rope.”
But we’ll need to GoFundMe for it.
Damn, was really hoping it was “crypto”
*2008–2027
Adam Smith------->today
*1981-2027
*0-
-10k I bet Göbekli Tepe had rich people problems
*1980-?
I moved to a place in the country where cost of living to pay ratio is better.
The problem is that by far most jobs are in the city.
I applied for jobs first and moved to the place where I got one.
Ah yes, genius! Why doesn’t everyone think of this…
Oh yeah, because the only reason that’s possible is because there’s less people there. There are less people there because there are less job opportunities. By definition not that many people that take advantage of that. There’s simply not enough jobs available that will allow you to live there. If everyone could do that there would be no cost advantage. It worked out that you found a job that covers the cost of living in a low cost of living area. That is uncommon.
That’s my plan right now
Trick or steal
Its more like spend less money than you make and learn about low cost index investing. Obviously there are lower limits to that. Especially for families.
Ah yes, investing, the thing that makes billionaires more powerful and that they control through investment firms. Good thinking!
