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re: Delusional people who you know are doing coke and the things they say
Posted on 1/8/17 at 11:43 pm to GreatLakesTiger24
Posted on 1/8/17 at 11:43 pm to GreatLakesTiger24
quote:
Idk why a couple who grosses 250k wouldn't be millionaires
LOL... are you fricking kidding me? Not even close... especially with kids.
You either must be in your 20's or not understand taxes and how much shite costs.
Posted on 1/8/17 at 11:58 pm to BoostAddict
It's not that unrealistic if they have been making that kind of money for a while and are financially responsible. Especially if they own a house or other real estate than has appreciated well and/ or received an inheritance.
Posted on 1/9/17 at 2:19 am to BoostAddict
quote:
quote: Idk why a couple who grosses 250k wouldn't be millionaires LOL... are you fricking kidding me? Not even close... especially with kids. You either must be in your 20's or not understand taxes and how much shite costs.
It's not a guarantee or anything, but with investments, non liquid assets like land or houses, inheritances and side businesses or incomes that the OP doesn't know about, it's certainly possible. Deffinitly wouldn't be "shocked" by that person being a millionaire.
Posted on 1/9/17 at 6:35 am to BoostAddict
+10000000
Sing it bro!
$250k is a house of cards.........
Sing it bro!
$250k is a house of cards.........
Posted on 1/9/17 at 7:35 am to BoostAddict
quote:
LOL... are you fricking kidding me? Not even close... especially with kids.
You either must be in your 20's or not understand taxes and how much shite costs.
If you gross $250k in traditional wages, you're still netting ~$160-170k per year in LA, for instance. That's ~$14k per month, of which you should easily save half. Saving $84k per year at 5% gets you north of $1MM in 10.5 years.
You could do it much faster maxing out 401ks and whatnot.
If you're not a millionaire after 15-20 years of making $250k, it's because you're an absolute fool with your money.
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