Started By
Message

re: Delusional people who you know are doing coke and the things they say

Posted on 1/8/17 at 11:43 pm to
Posted by BoostAddict
Member since Jun 2007
2994 posts
Posted on 1/8/17 at 11:43 pm to
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 by GreatLakesTiger24
One State Solution
Member since May 2012
55994 posts
Posted on 1/8/17 at 11:58 pm to
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 by wildtigercat93
Member since Jul 2011
112483 posts
Posted on 1/9/17 at 2:19 am to
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 by CharlesLSU
Member since Jan 2007
31961 posts
Posted on 1/9/17 at 6:35 am to
+10000000

Sing it bro!

$250k is a house of cards.........
Posted by slackster
Houston
Member since Mar 2009
85485 posts
Posted on 1/9/17 at 7:35 am to
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.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram