Whats a good amount of cash??

[MinnesotaFats]

LOL

If you dont have $1mm at your ready by 35 you're a nobody.

[grease lightnin]

I’ve seen this guideline before:

At age 30 you should have 1 year’s salary saved
Age 35 = 2 years
Age 40 = 3 years
Age 45 = 4 years....
Retirement age = 10 years

These numbers should be 2.5x what is above.

[Shute]

No worries
Your debts will be forgiven
When a liberal is elected president
Keep racking it up

[milwaukee mike]

people think property is a good investment because of the inflation scam, and because we had a baby boom and population growth... that's all coming to an end since middle/upper class people aren't having a bunch of kids... so of course we need to keep the illegal immigration flowing or the house of cards collapses.

otherwise there's no reason a 20 year old house or office building should be worth more than it was when it was brand new.

it's all timing, buying stocks in 2007 left people broke 2 years later, buying real estate same thing a few years later... wait for a crash like others have said, used to be the "shemitah" every 7 years

1980/1987/1994/2001/2008 but then 2015 got skipped

[jjgold]

rental properties is one of the best ways to wealth

Proven last 120 years

[milwaukee mike]

rental properties is one of the best ways to wealth

Proven last 120 years

as long as you're not buying at peak prices and leveraged

lot of people went bankrupt in the 1980s and in 2008-2014

i had a rental property that was worth 400k at one time, dumped it for 50k... tenants disappear and locations change

[Sam Odom]

JJ

If this Hamburger can do it... Even you can !!

Paul Buchheit is an American computer programmer and entrepreneur with an estimated net worth of

$600 million. He is best known as the creator and lead developer of Gmail.

[milwaukee mike]

samodom, doesn't that look like flyingillini?

is it him?

[funnyb25]

Fuk ya!!

[Sam Odom]

samodom, doesn't that look like flyingillini?

is it him?

Could be... would explain a lot! But dont think so

[Big Bear]

If any of yall had a years salary saved up yall sure wouldnt be posting at SBR

That much I can promise ya

Lots of ex convicts post here most just getting back on their feet

[The General]

When you make your most cash while sleeping, you will have figured it out.

[jjgold]

People that have no cash gamble

[Sam Odom]

People that have no cash gamble

FREE Plays & Bonuses

[JayLA]

Why do we have this fascination with comparing ourselves to others and through this, finding our worth?

Everyone throwing out random numbers for retirement....People get so wrapped up in the rat race in the States.

How much do you spend? The important thing is to not have champagne taste with beer money. And yes, stack up when you can.

I'm not going to sit here and pound my chest and tell you I'm not a broke dikk fukk but I live a comfortable life and I'm 32. I spend dollars in another country though, that might have something to do with it.

[Sam Odom]

Jay

shoot Sammy $25 in BTC

Thanks


1NAA5BVitbaVH6X99Akzt9TXn7UZhSu9Qw

[milwaukee mike]

Why do we have this fascination with comparing ourselves to others and through this, finding our worth?

Everyone throwing out random numbers for retirement....People get so wrapped up in the rat race in the States.

How much do you spend? The important thing is to not have champagne taste with beer money. And yes, stack up when you can.

I'm not going to sit here and pound my chest and tell you I'm not a broke dikk fukk but I live a comfortable life and I'm 32. I spend dollars in another country though, that might have something to do with it.

they spend so much time running the rat race, that they don't stop to ask who designed the race and why are they running in it

just think how much of someone's precious time on earth they sell just to buy shit they don't want/need

[flyingillini]

samodom, doesn't that look like flyingillini?

is it him?

I think I am the only one on SBR that became a millionare off of BTC

[milwaukee mike]

I think I am the only one on SBR that became a millionare off of BTC

weren't you a millionaire already?

are you one of the 10 guys that controls 90% of btc?

[Sam Odom]

illini


Sammy is heavily invested in Israeli New Shekels

[sweethook]

i try to keep $600 on hand

[The General]

I am a finance technician, but figured going broke would present a much needed challenge In my life.

[Sam Odom]

i try to keep $600 on hand

$300-400 folded up in front right pant pocket... almost always when leaving the house

Not really much

[flyingillini]

weren't you a millionaire already?

are you one of the 10 guys that controls 90% of btc?

I have zero invested in BTC now. I could care less if the whole thing disappeared. I was involved with it when it was hovering anywhere from a dollar to 13. I got in and out many times. But I cashed out and made a ton of $ with it. I was audited but its been taken care of. I had money before this but not a million. BTC gave me a a life I never thought I would have.

[grease lightnin]

i had a rental property that was worth 400k at one time, dumped it for 50k... tenants disappear and locations change

Wow. In Milwaukee?

[grease lightnin]

I have zero invested in BTC now. I could care less if the whole thing disappeared. I was involved with it when it was hovering anywhere from a dollar to 13. I got in and out many times. But I cashed out and made a ton of $ with it. I was audited but its been taken care of. I had money before this but not a million. BTC gave me a a life I never thought I would have.

Cheers! Love to hear success stories like this

[milwaukee mike]

Wow. In Milwaukee?

yeah

there are parts of milwaukee/chicago/detroit/etc where you can now buy a whole block of 10 houses for 50-100k

[gauchojake]

There's no reason to save unless you have children.

[The General]

I bought 3 handguns and then traded them for opiates. Woke up three days later. No handguns no opiates. It was a terrible transaction.

[grease lightnin]

There's no reason to save unless you have children.

Or if you want to quit working.

[GunShard]

I read online about money and happiness is that happiness is maxed out at $75,000. The more money accumulated past that point happiness does not increase. So having $75k in your bank account to help pay for necessities food, water, shelter and bills will keep you happy and away from depression. I personally will never gamble when my account is below $75k.

[gauchojake]

Or if you want to quit working.

bro you can do that without saving

[thechaoz]

liquid 200k.... 50k in a checking at all times.

You're not making money off that 50k being stagnant.

At that age it should be invested.

[eaglesfan371]

If you’re going to have money in savings, transfer to Goldman Sachs Marcus account, 2.25%, no minimum. If you have more than $10k in a local bank account, you’re a fukking idiot. Basically no interest paying on that.

Majority of your wealth should be in the market. Even if not in market, it should be in bonds, hell AAA bonds pay more than interest accounts.

There is literally no excuse to have more than 2 months in savings. None.

[JayLA]

If you’re going to have money in savings, transfer to Goldman Sachs Marcus account, 2.25%, no minimum. If you have more than $10k in a local bank account, you’re a fukking idiot. Basically no interest paying on that.

Majority of your wealth should be in the market. Even if not in market, it should be in bonds, hell AAA bonds pay more than interest accounts.

There is literally no excuse to have more than 2 months in savings. None.

I have a nice chunk in a credit Union in Florida. I don't think it's a bad deal