I am rich

>>60762491 (OP)
you may be rich, but i just called you a nigger
what good did all that money do you?

what's your NW?

>>60762501
i can NEET my life away

>>60762491 (OP)

If you have enough money to call yourself rich, take profits. Seriously.

>>60762508
KEK I guess he can't call you that

>>60762503
I could liquidate into exact 1.1 million US Dolalr

I am not

1m is not rich

>>60762539
1m? so basically you can live as a middle class person in the US for a couple years

>>60762539
>1.1 mil
>rich
tell me more anon, about how -10% wouldn't put you back under 1mil.

>>60762568
I buy a house and could live off the remaining money easily where I live. Humble of course and still looking into investing as a regular income

>>60762593
1.5 mil and an already owned house and paid off 2 cars is rich
1 mil and renting is solid middle class sorry bro

take profit, dont roundtrip

>>60762491 (OP)
Is 100k rich? Asking for a friend?

>>60762539
Thats rich

>>60762539
So youre not rich.

1m is probably not enough to retire but it’s enough to get a big enough annual return that you could really start beefing up your investments and hit 5m or so in a few years.

List of things you should actually be aspiring for with your wealth:
1) Off grid home with underground bulk food storage
2) Helicopter. I want the Hill HX50. It will take about a year to get your license, at which point HX50s should be available.
3) A boat. 40 foot plus yacht with sail and diesel engine.
4) 4x4 vehicle

Then you can start buying the frivolous shit.

>>60762631
I consider it so. My house is paid off and I have 100k savings and 60k (145k) in crypto. House is worth almost double now, probably inflation but whatever. I'm a cheap cunt too, I've had everything I've needed for some time now.

>>60762643
1 million is plenty to retire, i retired with $700k 4 years ago, travelling full time i started out in the balkins as it was cheap staying in 3 star hotels but now I've been all around the world my portfolio has almost doubled so I'm goin to more expensive countries you can go almost anywhere for $3000 a month staying in nice hotels

>>60762762
when you go to a country do you have your next country already planned and booked? isnt there usually problems getting into countries if you dont have any return flight booked or another flight booked already?

>>60762780
No i never have my flight out planned except once and it was terrible, sri lanka a shithole, no problem at all, most countries don't care, and if its a requirement you rent an 'onward ticket' for $10 takes 2 minutes and you get an email to show the airline at checkin. Immigration never asks buy they all ask for your first hotel reservation

>>60762762
Doubt that your stash will survive that lifestyle for 40 or so years

1mil in cash is rich (i.e. not boomer paper rich) in 99% of the world except select jewish bubbles

>>60762797
This years expenses so far are $20,000 I've made 6 times that in investments

>>60762491 (OP)
but are you smart?

Is 2.1 million rich if you still live in moms basement but own a 12 year old accord?

>>60762762
>you can go almost anywhere for $3000 a month staying in nice hotels
Whereabouts do you travel?
In southern ontario, I think that'd be impossible or a very unfun unexperience. Nice hotel price average at like $100 USD/night and that's your entire budget gone, no money for food or transportation or doing anything. I guess you can go cheaper but the niceness of the hotel drops pretty quickly, anything below $70/night and you're getting smelly rooms, bed bugs, low water pressure, dirty/stained rooms/bedding/towels, and that only gives you $30/day which really isn't much. Just eating out is like $10/meal, then there's the cost of transportation, taking an uber or renting a car will blow you way over budget.
Maybe if you booked out a room in an airbnb for a month you could get the price down to $1100USD, assuming they don't hit you with random bullshit fees, that would leave enough to travel around and eat and cook.

>>60763215
Cheapest was turkey for $700 a month anywhere in the Balkans, eastern Europe Malaysia, Thailand vietnam less than $2000, Japan, Taiwan s. Korea $2500, south America less than $3000. In Germany now it will be around $3000. Fuck canada, i don't skimp on accommodation but there i would get a tent and just do nature

>>60762539
My NW is just under $2.6 million and I don't consider myself rich. Both of us are one Trump fuck up away from going back to 6 figure hell.

>>60762568
1.1 million if you are not a fkn retard can allow you to live as a neet with a middle class life style indefinitely. All you need is a 5% return and you are netting over $50k a year. That is amazing amounts of cash to be getting passively. It’s financial freedom

>>60763445
It’s enough if you’re a literal turd. I want at least 5 mil to live like a boss and give my kids each enough to secure my bloodline for generations.

I'm unfathomably fucking broke.