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Posted on 3/30/22 at 1:32 pm to Teauxler
50% bitcoin
30% real estate
15% stocks
4% home improvements
1% a very nice vacation
30% real estate
15% stocks
4% home improvements
1% a very nice vacation
Posted on 3/30/22 at 1:48 pm to Teauxler
a retirement home in Idaho
highly speculative stocks that are guaranteed to send me on an emotional roller coaster
highly speculative stocks that are guaranteed to send me on an emotional roller coaster
Posted on 3/30/22 at 1:53 pm to OTIS2
quote:
Hookers ‘n blow
Beat me to it.
Posted on 3/30/22 at 1:59 pm to Upperdecker
quote:
Why can't people see this? 12% per month; 144% per year. I know financial advisors who'd sell their kids to the circus for that.
quote:No they're not. I've seen it - first hand.
Those numbers are grossly exaggerated
Posted on 3/30/22 at 2:47 pm to Jjdoc
quote:So you can get 12% returns doing this? How?
- 10% in Mining farm... should generate around $400 to $500 per day. Or around $12K per month. With this, I start crypto bots in the first month, maybe 2. Starting on the 3rd month, I use that income for other investments.
Posted on 3/30/22 at 2:59 pm to Teauxler
Well that depends...does the government know I have this theoretical million in cash?
Posted on 3/30/22 at 3:09 pm to Teauxler
$150K in each kids college fund (ages 13 and 5)
rest in the bank.
Just because you get a lot of money doesn't make you a smart investor all of a sudden
rest in the bank.
Just because you get a lot of money doesn't make you a smart investor all of a sudden
Posted on 3/30/22 at 4:13 pm to tigerfoot
quote:
How?
This post was edited on 3/30/22 at 4:14 pm
Posted on 3/30/22 at 4:35 pm to tigerfoot
quote:
- 10% in Mining farm... should generate around $400 to $500 per day. Or around $12K per month. With this, I start crypto bots in the first month, maybe 2. Starting on the 3rd month, I use that income for other investments.
quote:Bitcoin Mining. And that's 12% PER MONTH (not per year).
So you can get 12% returns doing this? How?
Posted on 3/30/22 at 4:46 pm to Teauxler
Dividend stonks
Posted on 3/30/22 at 5:50 pm to tigerpawl
quote:So, for 100k you can return your total investment in 7 months? Wouldnt those people doing it be richer than Musk in just a couple years? But they arent. This doesnt make you ask questions?
Bitcoin Mining. And that's 12% PER MONTH
Posted on 3/30/22 at 6:00 pm to tigerfoot
quote:I have a close relative who gave me access to his dashboard.... and I know how much he paid for his miners. While I will say that Jjdoc's number of 12%/month (144%/year) might be a bit overstated, it's not that overstated.
So, for 100k you can return your total investment in 7 months? Wouldnt those people doing it be richer than Musk in just a couple years? But they arent. This doesnt make you ask questions?
And yes... it does beg the question, "Why am I not doing it too?"
Posted on 3/30/22 at 6:04 pm to tigerpawl
quote:
No they're not. I've seen it - first hand.
Maybe a few years ago, or the books were incomplete
Posted on 3/30/22 at 6:51 pm to Teauxler
quote:this is more info than people usually provide on here. And it still very well incomplete for you to get any kind of useful answer
Assume no debt , house and cars paid off already.
Posted on 3/30/22 at 7:14 pm to Upperdecker
quote:
Those numbers are grossly exaggerated
The mining number I posted?
Posted on 3/30/22 at 7:23 pm to tigerpawl
quote:
quote:
- 10% in Mining farm... should generate around $400 to $500 per day. Or around $12K per month. With this, I start crypto bots in the first month, maybe 2. Starting on the 3rd month, I use that income for other investments.
quote:
So you can get 12% returns doing this? How?
Bitcoin Mining. And that's 12% PER MONTH (not per year).
I'm going to explain this a bit more. When I say mining, I don't mean trading crypto. I mean purchasing the equipment to mine crypto.
One RTX 3090 mines $5 USD per day (rounded down) in ETH.
You can not mine Bitcoin. You CAN BE PAID in BTC instead of ETH. I do.
With 10% of the OP's 1 million, investment into the proper gear will result in that $12,000ish per month.
Posted on 3/30/22 at 7:26 pm to tigerfoot
quote:
quote:
- 10% in Mining farm... should generate around $400 to $500 per day. Or around $12K per month. With this, I start crypto bots in the first month, maybe 2. Starting on the 3rd month, I use that income for other investments.
So you can get 12% returns doing this? How?
Mining Eth, being paid in BTC.
Posted on 3/30/22 at 7:27 pm to tigerfoot
quote:
So, for 100k you can return your total investment in 7 months?
Depends on what you purchase. A 3090 will take you 12 months.
quote:
Wouldnt those people doing it be richer than Musk in just a couple years?
No. Do the math.
quote:
This doesnt make you ask questions?
Feel free to ask.
Posted on 3/30/22 at 7:33 pm to Upperdecker
quote:
Maybe a few years ago, or the books were incomplete
Years ago was the bomb. That does not make what I stated false.
The price of your rig vs the price of the crypto mined determines rio
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