All you have to do is take $1000 and double it 20 times to become a billionaire.

All you have to do is take $1000 and double it 20 times to become a billionaire.

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  1. 4 weeks ago
    OCPD

    Being a millionaire now only buys you a studio apartment in the ghetto. To actually make it you need 10 million.

    • 4 weeks ago
      Anonymous

      He said billionaire, with a B.
      You can at least rent a condo in NYC with that kind of money.

      • 4 weeks ago
        OCPD

        Get out of the city moronic gorilla Black person. I could buy a 4k sf house with 5 acres for 1 million 20 min to a city or 30 to 50 acres of just land for a million.

        [...]
        No don't, stay in the city. The country SUCKS there is nothing here l. Way to little diversity, you would hate it

        >poorgays

        yeah totally cause several millions and high single digit is poverty

        1 million dollars is what the majority of people have

        great info post positions, probably good to inverse you

        A single million is lower middle class. It’s what the average small apartment costs in the ghetto. Poorgay.

        • 4 weeks ago
          Anonymous

          missing the point completely you overlooked the range between 1 and 10 million because (YOU)'re the clueless poorgay, poorgay

          • 4 weeks ago
            OCPD

            Fine, you win.
            How do I escape six figure hell and make 4m?

          • 4 weeks ago
            Anonymous

            I want to discuss this longer than the thread will exist. This is everything. I want to be somewhere we constantly discuss this all day long.

    • 4 weeks ago
      Anonymous

      Get out of the city moronic gorilla Black person. I could buy a 4k sf house with 5 acres for 1 million 20 min to a city or 30 to 50 acres of just land for a million.

    • 4 weeks ago
      Anonymous

      Get out of the city moronic gorilla Black person. I could buy a 4k sf house with 5 acres for 1 million 20 min to a city or 30 to 50 acres of just land for a million.

      No don't, stay in the city. The country SUCKS there is nothing here l. Way to little diversity, you would hate it

    • 4 weeks ago
      Anonymous

      yeah totally cause several millions and high single digit is poverty

      1 million dollars is what the majority of people have

      great info post positions, probably good to inverse you

  2. 4 weeks ago
    Anonymous

    That amounts to only $40,000.
    wtf, man?

  3. 4 weeks ago
    Anonymous

    That's only 20k, you moron

    • 4 weeks ago
      Anonymous

      each successive double is doubled

  4. 4 weeks ago
    Anonymous

    Oh shit son! My favorite thread!

    $20 is $40K

  5. 4 weeks ago
    Anonymous

    Larger amounts of money should be preserved more risk off and dry powder. Index broad market equity (stock) funds like VTI/SPY QQQ SCHD/VYM.
    The price you acquire the shares is the real nuance. Gotta look at measures like CAGR PE ratios to see if markets are over or undervalued.
    Also smaller positions in Bonds to smooth out volatility, dry powder stack depending on interest rates and such. T-Bills short term Notes Bonds, long term. Of course bonds aren't really that great unless you have large amounts of money. Bonds also increase in principal as rates go down. Negative movement between price of bond and rate.
    Stocks grow faster but crash faster, bonds do really do shit most of the time good for parking really large amounts.

    Of course Real Estate too but requires larger capital to secure something. It may be good to get a mortgage when interest rates are low. But they're high and sucky right now so not a good time to enter. It was a few years ago tho.

    Smaller positions for more risk on. Thats why we're all here. Crypto BTC maybe ETH?, prob less growth upside than the early days but nothing to scoff at
    and of course the shitcoin shitchain casino but it's zero sum. People are also airdrop farming I haven't figured that out

    The best way to add to your bags is either your own biz or specialized skill that gives you a high incoom. Use that incoom to build up your port and grow it but also keep it safe from unnecessary risk once you're there.

    Guess I'm saying it's good to preserve what you have not take unnecessary risks and all or nothing "YOLO" its dangerous. Keep your safety bag in large caps carve out a small degen bag for micro crap deggening. And use active incoom from ideally your own small biz or specialized skill to grow your stack and allow you shots on goals when you see an opportunity.

    What stocks / crypto to buy obv is the million dollar question. Tech AI seems to be hot. But uh that's why we're here to sniff out the aggressive plays. Good luck.

    • 4 weeks ago
      Anonymous

      PLEASE let's make a discord anon! Let's do this!

  6. 4 weeks ago
    Anonymous

    >he thinks a billion is enough

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