>just turned 26
>Fired from 60k per year wagie ragie job
>Parents hinting at kicking me out
>Have 10k in savings
>Have no idea how money works due to financially illiterate parents, so I just tossed 5k into sp500
>Can't find any actual good info online aside from just investing in a stock or random memecoin
How do people become millionaires at the age of 21 so often? Seems like everyone around me has some secret financial hack that I don't know about.
What am I supposed to do to be able to retire at 35 and live off passive income?

>>60578297 (OP)
>Seems like everyone around me has some secret financial hack that I don't know about.
They dont, almost everyone around you is doomed to wagecuck for eternity.

>>60578297 (OP)
study the charts

>>60578297 (OP)

Read finance books. Think and Grow Rich, Poor Dad Rich Dad, Richest Man in Bablyon, etc. to learn how investing works, and then also read Broken Money and Fiat Standard so you can learn the ways investing doesn't work.

After that reduce costs by any means possible, sell lifespan for soft currency, turn soft currency ($) into harder currency (btc, metals, sp500) until you can buy proper income-generating RWA (real estate, etc.) and repeat until you can retire young.

As to how people get millions at 21, the answer is luck; either family connections or a dice roll.

>>60578317
/thread

Also, you're wealthier than at least half of your peers, who are too busy paying student loans and driving $600/mo cars.

kill your parents at this point, you have nothing to lose kiddo

nigga you have 10k. Get your income up. Get paid, save it, live with your parents as long as you can

>>60578297 (OP)
Try this :
Sell weed

>>60578297 (OP)
I became a millionaire at 26 through a long term bitcoin. I got on a grind from 13 to 21 and put about $70k into it then held until present day.

Imo there isn't really a secret system or anything cause if there was everyone would just do it. Just got to have right mix of following and that's it.

>raw intelligence
>raw ambition
>willingness to work hard
>luck

Also country matters a lot. In UK where I live you need to resort to crypto or starting a business cause jobs just don't pay enough and tax is too high. It's much easier to become one in USA just by working hard in school and getting a great but not exceptional job like doctor or investment banker.

>>60578297 (OP)
People who become millionaires at the age of 21 either have rich parents or extreme luck. I can assure you it's VERY uncommon. Nigga only 1.5% of people on earth are millionaires or richer.