Thread 60805499

>>60805499 (OP)
Yeah it could be.

Buy a couple of properties, rent them.
Or buy cheap shit properties, renovate them and sell them on for profit.
Or invest in middle of the road stocks or etf's

It's towards the lower end, but it's definitely on the scale of when you can stop waging

>>60805499 (OP)
I got 500k richer and my life didn't change
Actually it got worse lol

>>60805499 (OP)
Kek

>>60805528
Sounds like you have personal problems that us chad anons don't have

500k to me would mean 100k for living expenses and 170k reinvested into the 500k for the following year. Currently still broke living off 72k a year and 26k invested.

>>60805499 (OP)
one cannot become rich by being fair and honest. literally absolutely everyone that got into the 1% got there by exploiting others

>>60805499 (OP)
Man 50k right now would change the trajectory of my life completely. I think being super poor has made me so frugal that i could probably live on 50k the rest of my entire life.

>>60805499 (OP)
500k is a yearly salary

>>60805748
Just don't live in san francisco, ez

>>60805499 (OP)
I'd still be working my current job, maybe move out my parents house

>>60805727
True. Even crypto bros have to use others as exit liquidity.

>>60805499 (OP)
I'm inclined to agree.
As a single male with a 500k lump-sum, in an average COL city is the very first step of making it. Hypothetically, you could buy a 250k goy shitbox, and then reinvest 150k at the bottom and be out of the wage cage entirely by 2030.

>>60805499 (OP)
Here are the new net worth tiers as of 2025.
> >$0 It's over for you
>0-500K New poor
>500K - 1Mil Working class
>1Mil - 2Mil Middle class
>2Mil - 5Mil Upper middle class
>5Mil-50Mil Comfortable
>50Mil-250Mil "Rich" (Can now work part time)
>250Mil-1Bil Starting to make it (Work is now optional)
>1Bil-10Bil Made it
>11Bil-1Trillion Gigachad

>>60805739
I'm frugal anyway.
What are you going to spend that money on?
I don't drink, gamble, use drugs. I eat at a cheap restaurant maybe once a month. I might go to a concert or a movie once every two months.
I rather cycle than pay for public transport.
My cost of living is low.
Most people have enough to live on if they don't make bad spending decisions.

>>60806011
net-worth is a nothingburger metric and almost means nothing. Someone could have a "1 mil networth" and 75% of it could be almost entirely illiquid.

>>60805499 (OP)
kind of - it gives you breathing room or povertymaxxx lifestyle in the states
0-100k you're paycheck to paycheck
100k-1m you're not worried about immediate bills but can't stop waging unless you want to live in poverty
1m-~7m you're not worried about how much restaurants or vacations cost and can consider living in less poverty without work
~7m-~25m is low tier 'made it' bucket; you can stop working and live a good upper middle class life without working
25m-150m is everything you want rich, including flying private, but not 'own a pj' rich
150m+ is pj rich
500k united statesian dollhairs is not 'fuck off' rich money, soz m8

>>60805528
Loser. You should have less problems.

>>60805499 (OP)
I work at an Amazon warehouse and 50k would be life changing for me and my small family desu

500k is life changing money

>>60806111
It could buy me a house away from the ghetto so that's life Cham

>>60806011
in eu it would be ultra rich tier and everyone would be jealous of you and call for more taxes on you

>>60806011
Shut the fuck up, retard.

totally. invest that well and in a few years you can have over 1M easy.

>>60806153
Maybe in Romania..

>>60806011
Basically correct.
2-5 mil is paying for a nice middle class life. You get a normal decent car every year or three, you can fly coach a half dozen times and year and spend 2-3 weeks in 4-5 star hotels in cities that don't have ultra high costs.
5 mil to 50 mil is comfortable in a very nice setting. Like you can afford a nanny and a house everyone agrees is pretty nice (in a HCOL only towards the middle and end of the range). You sometimes pay for business class and first class flights internationally on special occasions.
$50M+ is rich, as in living well indefinitely doing basic rich people things and having multiple nice homes and cars, drivers, assistants etc
$250M+ is personal private jet money and literally never doing anything yourself barring the absolute minimum for legal documents

>>60805499 (OP)
>>60807195
Yup. 500k in any diversified index that you don’t touch and you’re pretty much free to do whatever. 3% divs alone on 500k of equities are 15k/year.

i have 500k and it hasnt changed my life at all.

my life wouldnt changed until im close to 2 million. even then i would still need to work part time.

>>60806011
>$1m - $3m: Can retire modestly but you need to escape society.
>$150m+ :Can participate in society and NEVER have to see a poor person again. Private flights.
Nothing else matters. If you have $3m and $140 mil it doesn't make a difference because if you want to participate in society you will have to deal with the fact that you will see poor people, which defeats the whole point of making it, unless you are fine sitting in your log cabin hours away from any city.

>>60805499 (OP)
500k invested at 4% annually is 20k completely passive income
And I've been getting 6-8% annually in most funds in the last decade
My annual expenses actually range from 16-20k, so 500k is literally retirement money.