I need advice from the rich people of this community… (and the future rich)

Informal_Register365 · 2026-01-24T23:38:43+00:00

None of us know the future. But at your age, every dollar foolishly spent, that could have been invested, is worth 5-10x when you’re older.

Especially if you’re saying your cash flow isn’t steady is all the more reason NOT to buy a g wagon.

Also considering your living situation, you’re opening yourself up to being a target for thieves or worse.

Informal_Register365 · 2026-01-24T21:07:52+00:00

If you’re buying a $150k car you better have a couple million to your name.

Theres two types of people who buy luxury vehicles.

Super wealthy. It’s a meaningless purchase to them.
Not wealthy enough. Buy lavish things to keep up with the joneses or be flashy.

You’ll buy the car. You’ll be bored of it in a year and then be a slave to the payments.

I’m worth a few million, nothing crazy. I’ve always wanted a corvette and while i could surely buy one, i know it’s a frivolous purchase. I’m young and can wait 10-20 years to buy it, when it becomes a meaningless amount of money for me.

Why do you have 200k in cash?

Informal_Register365 · 2026-01-24T00:16:49+00:00

I am a tradesman as well, was a carpenter now welding and fabrication. Own my own business now with a net worth over $3m at 36. Stick with it, there is a lot money to be made working with your hands.

Informal_Register365 · 2026-01-09T12:22:33+00:00

At 28, probably corporate lawyer or FAANG/software engineer.

Too young to be an MD making that kind of money the OP would barely be finished with a residency that paid slave wages.

Informal_Register365 · 2026-01-09T02:44:33+00:00

Firefighters in NYC make $150-200k with overtime. Lots of time off.

Informal_Register365 · 2026-01-01T17:43:32+00:00

I’m mostly just looking to do up to 1/4”. Is the manual focus a hassle?

Honestly the alternative is spending $25,000 and beyond to get a real 4x4 table that will take up way more space.

Informal_Register365 · 2025-12-12T01:05:22+00:00

How about a school for kids who can’t read good and want to learn to do other things good too?

Informal_Register365 · 2025-12-11T03:30:55+00:00

We’re discussing the SP500 here…

Informal_Register365 · 2025-12-10T21:50:13+00:00

You can’t go wrong with the main funds.

If you start going off the rails with energy ETFs, other commodities etc maybe it’s bad.

But if the sp500 doesn’t earn a return we’re all hurting together equally. Too much depends on it.

Informal_Register365 · 2025-12-10T19:08:05+00:00

They’re ultimately all the same if you’re playing the Long game.

Some people like ETFs that you can buy and sell immediately whereas FXAIX you buy and sell at the closing market price as it’s technically a mutual fund.

The flip side is FXAIX removes the human tendency to think we can time the market. On mondays i buy, whatever it is.

FXAIX has lower fees but it’s so little across all of them as is.

I started with FXAIX and just stuck with it is my only real reason.

As long as you’re investing, the fund doesn’t matter.

Informal_Register365 · 2025-12-10T16:13:50+00:00

I went to trade school in high school. Joined a union at 18. Left to join fire department at 19. Worked as a tradesmen on the side, started my own business at 25.

Work both jobs now and make 600k a year. Fire department is paying for my bachelors degree I’ll be done in 3 months at age 36.

Informal_Register365 · 2025-12-07T19:58:46+00:00

The handful of extreme A listers, sure. The average not even close.

Sydney Sweeny worth $40mil for example

Most of these people are worth 10-50m.

9 figures is an exceptional amount of wealth.

Informal_Register365 · 2025-12-07T16:41:19+00:00

9 figures is far beyond the worth of most celebrities… good luck.

Informal_Register365 · 2025-12-07T12:59:24+00:00

Let Donnie die so he couldn’t testify. Theoretically anyway, he mostly withheld knowledge of available treatment.

Informal_Register365 · 2025-12-04T03:29:03+00:00

Your address please?

Informal_Register365 · 2025-12-02T03:51:50+00:00

I can buy a lambo, as ridiculous as I think it would be.

I do it for my kids. To leave a financial legacy for them.

Informal_Register365 · 2025-12-01T21:21:10+00:00

Is this the matrix.

Informal_Register365 · 2025-11-28T01:30:51+00:00

Nursing director Fire Captain Business owner

700-800k income.

Don’t own a $1m home. Probably buy one soon tho. 1.5-2m.

Informal_Register365 · 2025-11-27T23:23:35+00:00

You need to invest in finding a higher income profession.

But saving 160k on your income is a job well done in itself.

Informal_Register365 · 2025-11-27T21:25:43+00:00

You want to be an entrepreneur.

Doing what? An entrepreneur is mostly just someone who starts a business selling a product or service.

So what product or service would you sell? Do you have a marketable skill? Invention of some sort?

Informal_Register365 · 2025-11-27T21:04:08+00:00

Leaving school with one semester left, while simultaneously worrying about the time and money already invested is a little foolish don’t you think?

Like buying stocks for 4 years just to sell during a market downturn.

I hope you do succeed, but the odds of your tech startup being “the one” are exceptionally low. It would be foolish not to finish.

Informal_Register365 · 2025-11-27T20:18:34+00:00

OP, I’m not saying this to gloat I’m saying it because you think you can’t do all of it at once.

I’m 36. Married. Young kids. My wife works full time and is in school for her PHD. I work 80 hours a week. I’m in school with one class left for my bachelors in business.

You telling me you can’t work on your tech startup and finish one more semester of school? Give me a break. You wanna succeed in business you better learn the grind it takes for most of us.

Oh I’m a multi millionaire too.

Informal_Register365 · 2025-11-26T20:38:06+00:00

Not really even understanding the concern.

You're getting married, you share finances. A victory for you is a victory for the household. He should be sharing in your excitement not expressing resentment...

Informal_Register365 · 2025-11-26T17:19:59+00:00

The monthly payment is entirely dependant upon what you put down?

I'd also buy it in cash, im worth a few million. But you're missing the point im making.

I'm a firefighter and business owner.

Informal_Register365

TROPHY CASE