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Ones second million is objectively harder than the first million
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Date: October 14th, 2024 11:07 PM Author: Peach misanthropic menage french chef For the first million you are motivated by the goal of having a million. For the second million you have to literally double your money and there’s no prize at the end of the rainbow. By $3m you’re starting to get pretty well off. By $4m and $5m you’re basically set. At $10m you’re flat rich. (http://www.autoadmit.com/thread.php?thread_id=5611748&forum_id=2#48198611) |
Date: October 14th, 2024 11:20 PM Author: Stimulating regret but what about compound interest (http://www.autoadmit.com/thread.php?thread_id=5611748&forum_id=2#48198645) |
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Date: October 14th, 2024 11:32 PM Author: ultramarine son of senegal foreskin Jewish math ensures u barely make any (http://www.autoadmit.com/thread.php?thread_id=5611748&forum_id=2#48198692) |
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Date: October 15th, 2024 8:15 AM Author: Peach misanthropic menage french chef Compound interest isn’t as magical as they would have you believe (http://www.autoadmit.com/thread.php?thread_id=5611748&forum_id=2#48199293) |
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Date: October 15th, 2024 12:31 PM Author: Nubile Candlestick Maker Corner You are fucking medically retarded (http://www.autoadmit.com/thread.php?thread_id=5611748&forum_id=2#48200395) |
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Date: October 14th, 2024 11:41 PM Author: Heady address milk This is even more retarded than your musings about real estate. In nominal dollars, a million dollars in the stock market will become two million without you doing anything in about seven years and closer to ten years in real dollars. Getting a million dollars can take a while depending on income and savings rate, but if you have a million even just a few years before retirement then the second million is inevitable. wtf. (http://www.autoadmit.com/thread.php?thread_id=5611748&forum_id=2#48198711) |
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Date: October 14th, 2024 11:42 PM Author: ultramarine son of senegal foreskin Good goy (http://www.autoadmit.com/thread.php?thread_id=5611748&forum_id=2#48198714) |
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Date: October 15th, 2024 7:01 AM Author: Peach misanthropic menage french chef cr (http://www.autoadmit.com/thread.php?thread_id=5611748&forum_id=2#48199143) |
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Date: October 15th, 2024 8:21 AM Author: Pearl Therapy Filthpig (http://www.autoadmit.com/thread.php?thread_id=5611748&forum_id=2#48199307) |
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Date: October 15th, 2024 11:43 AM Author: Curious area trust fund Cr brother numbers go up (http://www.autoadmit.com/thread.php?thread_id=5611748&forum_id=2#48200178) |
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Date: October 15th, 2024 12:30 PM Author: Nubile Candlestick Maker Corner (http://www.autoadmit.com/thread.php?thread_id=5611748&forum_id=2#48200393) |
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Date: October 15th, 2024 7:59 AM Author: soul-stirring mildly autistic crackhouse round eye OP is some sort of barnacle sitting in a lab with electrodes hooked up to it 4,000,000 government project to see what a barnacle might think if given speech |
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Date: October 15th, 2024 8:04 AM Author: Exciting sepia mental disorder (http://www.autoadmit.com/thread.php?thread_id=5611748&forum_id=2#48199264) |
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Date: October 15th, 2024 8:15 AM Author: hilarious dilemma lmao (http://www.autoadmit.com/thread.php?thread_id=5611748&forum_id=2#48199297) |
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Date: October 15th, 2024 8:24 AM Author: Nubile Candlestick Maker Corner (http://www.autoadmit.com/thread.php?thread_id=5611748&forum_id=2#48199319) |
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Date: October 15th, 2024 11:23 AM Author: Heady address milk (http://www.autoadmit.com/thread.php?thread_id=5611748&forum_id=2#48200075) |
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Date: October 15th, 2024 12:30 PM Author: Nubile Candlestick Maker Corner (http://www.autoadmit.com/thread.php?thread_id=5611748&forum_id=2#48200392) |
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Date: October 15th, 2024 8:19 AM Author: rambunctious clown lodge This is retared I am already 1/3 of the way to my second million a few years after making the first and I'm not even doing anything (but the BS 'stock' 'market' will crash next year and wipe it out). (http://www.autoadmit.com/thread.php?thread_id=5611748&forum_id=2#48199303) |
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Date: October 15th, 2024 8:23 AM Author: Peach misanthropic menage french chef Tommy hit $1m in 2018 or whatever, this was after 10-12 years of "work." Still at just $1.2m. Nowhere near $2m. (http://www.autoadmit.com/thread.php?thread_id=5611748&forum_id=2#48199314) |
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Date: October 15th, 2024 11:23 AM Author: Heady address milk ljl you must be flame because you cannot be this stupid. Tommy T has been spending the money, not just letting it sit there. He also does retarded option plays. Had he simply had a million dollars in the S&P in 2018, it would be worth ~$2,200,000.00 today. And Vanguard & the rest have reduced fees and costs to nothing. There's some tax drag, but with simple dividend reinvestment that's not a large issue. So a million became two in just six years hth by doing nothing-- Tommy is just too retarded to do nothing.
Run the numbers your fucking self: https://ofdollarsanddata.com/sp500-calculator/
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Date: October 15th, 2024 11:27 AM Author: Peach misanthropic menage french chef You have a calculator, I have a real life example. Hmm. What do you think is more indicative of what happens out in the field? You are a fool if you believe your spreadsheets and calculators will carry you over the finish line. We live in the real world, not a land of spreadsheets and calculators. (http://www.autoadmit.com/thread.php?thread_id=5611748&forum_id=2#48200093) |
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Date: October 15th, 2024 11:28 AM Author: Heady address milk Are you fucking retarded? You have an example of somebody living off the money and selling money losing options. But also if you want a real example, fine, I've turned 1.5 million into about 4 in the same time period. That's with additional contributions and not living off the money. You're just a retard who somehow loses money buying real estate in a market where it's going up and can't read. Christ you're such a retard in every area of life which also explains why you're so fat (http://www.autoadmit.com/thread.php?thread_id=5611748&forum_id=2#48200098) |
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Date: October 15th, 2024 11:31 AM Author: Peach misanthropic menage french chef You seem awfully upset by my real world examples. This is a real "just a handful of apartment complexes" moment. (http://www.autoadmit.com/thread.php?thread_id=5611748&forum_id=2#48200117) |
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Date: October 15th, 2024 11:45 AM Author: Heady address milk Even Tommy T admits your analysis is retarded in this very thread. But also why does his real world example count and mine doesn't? I doubled my money in a similar time frame and so did anybody who just passively invested in the S&P 500. hth retard (http://www.autoadmit.com/thread.php?thread_id=5611748&forum_id=2#48200186) |
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Date: October 15th, 2024 12:25 PM Author: Peach misanthropic menage french chef You make some valid points and I’m sure there are scenarios where you are on the right side of this argument. I think I am discrediting your points because you disagree with me, so I tend to think less of your view because of that. Tommy stands with me, brother. I am a shining goy upon a hill to him. |
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Date: October 15th, 2024 11:26 AM Author: Frozen Point Kitty i hit 1m in late 2019, if i hadnt been retarded and had just kept 80% in equities split equally between QQQ and SPY from 1/1/20 to now i wld have 1,726,853 (before today's bloodbath)
so not 2m, im still retarded but its not 2m birdshit
and amazingly a huge chunk of that gain was from 2020, if had done same thing only from 2021 onwards id only have 1.49m
and i havent worked at all since 2020 so thats a drag of 33.5k a year with no income, if i had just 100k a year income it wld have made a huge diff but whatever |
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Date: October 15th, 2024 11:30 AM Author: Peach misanthropic menage french chef Would you please confirm whether your drive to work and earn and save and invest was HIGHER or LOWER when your net worth was less than $1m? What about on the way to $2m? Would you say that $2m is harder to earn than the $1m because you no longer have the will to STRIVE for that $2m if it means giving up walking the streets alone, in search of biers and juice, lizards, and love? |
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Date: October 15th, 2024 11:31 AM Author: Heady address milk You're aggressively not getting this. Once you have a million, you don't have to save anything to get to $2 million. You just have to not touch it. The second million is far easier, to the point of being an inevitability. (http://www.autoadmit.com/thread.php?thread_id=5611748&forum_id=2#48200116) |
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Date: October 15th, 2024 11:39 AM Author: Frozen Point Kitty it depends on the market nigga, last few years have been insane market returns but thats not usual, what if u hit 1m in 1999 and were all in tech, u literally wld lose 50% of it and it wld take a decade to recover (http://www.autoadmit.com/thread.php?thread_id=5611748&forum_id=2#48200159) |
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Date: October 15th, 2024 11:50 AM Author: Heady address milk It's of course about averages; 7 to double in nominal terms, about 10 to real on average. That it's an average mean that half the time it will be less and half the time it will be more, but so long as you're not living off the money and trading options, all you have to do is wait. The second million is way easier. (http://www.autoadmit.com/thread.php?thread_id=5611748&forum_id=2#48200205) |
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Date: October 15th, 2024 11:39 AM Author: Frozen Point Kitty ljl duh nigga, i hit 1m in like nov 2019 and basically early 2020 was when i got my last settlement check and then covid happened but even if it hadnt i had zero drive to work
even at 600k that was my FURK U NUMBER orginally, getting to 1m was totally insane to me
ive never been one of these goys enslaved by joos, basically since i hit 30 i havent had a real jerb enslaved by joos and i went two years doing a round the world trip and had zero issues not working so im not like a goy at all, im just not meant to work. i dont care, its stupid |
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Date: October 15th, 2024 11:30 AM Author: Heady address milk Okay? So that's less than five years and you would have doubled your money had you not been a retard. So you'll easily get from one million to two in six-seven years unless you sell options and lose money buying boats. TYFT. (http://www.autoadmit.com/thread.php?thread_id=5611748&forum_id=2#48200114) |
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Date: October 15th, 2024 11:40 AM Author: Frozen Point Kitty nigga, the market was up huge, QQQ up 134.44% since start of 2020, how many five year periods have been like that? (http://www.autoadmit.com/thread.php?thread_id=5611748&forum_id=2#48200168) |
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Date: October 15th, 2024 11:46 AM Author: Heady address milk A whole bunch (http://www.autoadmit.com/thread.php?thread_id=5611748&forum_id=2#48200189) |
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Date: October 15th, 2024 12:09 PM Author: Frozen Point Kitty i doubt it, nigga
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Date: October 15th, 2024 8:22 AM Author: Nubile Candlestick Maker Corner Tell me, was your first 75lb of obesity harder or easier than the second 75?
shut the fuck up and stop posting you fat, pathetic faggot |
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Date: October 15th, 2024 8:23 AM Author: Peach misanthropic menage french chef Thank you, friend. May I have another? (http://www.autoadmit.com/thread.php?thread_id=5611748&forum_id=2#48199316) |
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Date: October 15th, 2024 8:24 AM Author: Nubile Candlestick Maker Corner this isn't fucking golden corral, you retarded landwhale (http://www.autoadmit.com/thread.php?thread_id=5611748&forum_id=2#48199322) |
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Date: October 15th, 2024 8:32 AM Author: Peach misanthropic menage french chef Thank you, brother. I haven't been to the GC in at least 3 decades though. Maybe I went once in college. (http://www.autoadmit.com/thread.php?thread_id=5611748&forum_id=2#48199341) |
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Date: October 15th, 2024 11:57 AM Author: Curious area trust fund I bet you were a big CiCi's fan. Tell the truth, you loved that unlimited pizza bar didn't you? (http://www.autoadmit.com/thread.php?thread_id=5611748&forum_id=2#48200221) |
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Date: October 15th, 2024 12:31 PM Author: Nubile Candlestick Maker Corner Still waiting on the fat retard for an answer to the question (http://www.autoadmit.com/thread.php?thread_id=5611748&forum_id=2#48200401) |