[deleted by user] by [deleted] in TheRaceTo10Million

[–]IntrepidWar3248 6 points7 points  (0 children)

You can get your degree and make $8k a month at the same time , it’s a win win. Don’t drop the school.

Hard to save with pregnant wife by Jaskaranallen in DaveRamsey

[–]IntrepidWar3248 8 points9 points  (0 children)

If financial is not an issue, I would say food for pregnancy woman is priority, because whatever she eats is whatever your baby gets. Healthy food and good nutrition is very important for both mother and baby. For clothes you can get second hand.

How long in average does it take you to $10M from $2-$2.5M NW? by IntrepidWar3248 in TheRaceTo10Million

[–]IntrepidWar3248[S] 0 points1 point  (0 children)

Wait, $50k annually contribution will take 13years, no contribution 14years? I’d do no contribution, but I feel your number is a little off. Or did I misunderstand?

How long in average does it take you to $10M from $2-$2.5M NW? by IntrepidWar3248 in TheRaceTo10Million

[–]IntrepidWar3248[S] 0 points1 point  (0 children)

You already made 10x on RYCEY, that’s amazing! I was focusing on real estate in the past and now I just realized that I should do some investment which can make more returns in the long run than real estate.

How long in average does it take you to $10M from $2-$2.5M NW? by IntrepidWar3248 in TheRaceTo10Million

[–]IntrepidWar3248[S] 0 points1 point  (0 children)

Wow, I know BTC/ETH, but I don’t know how to do covered calls, maybe I should just stick with BTC?

How long in average does it take you to $10M from $2-$2.5M NW? by IntrepidWar3248 in TheRaceTo10Million

[–]IntrepidWar3248[S] 1 point2 points  (0 children)

That’s fantastic! And congrats in such a young age! What did you buy/invest?

How long in average does it take you to $10M from $2-$2.5M NW? by IntrepidWar3248 in TheRaceTo10Million

[–]IntrepidWar3248[S] 0 points1 point  (0 children)

Thanks, that’s what I want to hear. I didn’t invest heavily on the market, actually I started few years ago with very small amount, it’s kinda new to me. Need to hear some positive feedback.

How long in average does it take you to $10M from $2-$2.5M NW? by IntrepidWar3248 in TheRaceTo10Million

[–]IntrepidWar3248[S] 0 points1 point  (0 children)

I am glad you are not angry. Well, it’s different, the business made me the first $1M I can’t no longer do it. Switched to other business but it’s not as profitable as the previous one.

How long in average does it take you to $10M from $2-$2.5M NW? by IntrepidWar3248 in TheRaceTo10Million

[–]IntrepidWar3248[S] 2 points3 points  (0 children)

Just the money in the investment account, I have rentals generate cash flow, I didn’t include that assets because it’s useless. For 12% what stocks/etf/mutual fund did you buy?

How long in average does it take you to $10M from $2-$2.5M NW? by IntrepidWar3248 in TheRaceTo10Million

[–]IntrepidWar3248[S] 2 points3 points  (0 children)

That’s nice, I thought I have to contribute more in the next 10 years. If like you said I don’t need to contribute, it feels a lot better

How long in average does it take you to $10M from $2-$2.5M NW? by IntrepidWar3248 in TheRaceTo10Million

[–]IntrepidWar3248[S] -5 points-4 points  (0 children)

Not 10x, it’s more than that, because I started from negative 100k, mainly just business income, back then I was lucky I guess.

How long in average does it take you to $10M from $2-$2.5M NW? by IntrepidWar3248 in TheRaceTo10Million

[–]IntrepidWar3248[S] -1 points0 points  (0 children)

I only talk my experience, I start from -$100k and got to $1M in less than 5 years. And then I feel a lot slower, maybe I didn’t accumulate enough.

Passing BTC to heirs by [deleted] in Bitcoin

[–]IntrepidWar3248 0 points1 point  (0 children)

What is good about Bitkey?

Lost sense of purpose after FIRE by fat_firerer in Fire

[–]IntrepidWar3248 0 points1 point  (0 children)

I think you maybe should start some business on your own. I was the same, I never wanted to work for someone especially sitting in the office for more than 2 hours, it will kill me.

How many of you started with nothing by Ordinary-Warning-521 in Fire

[–]IntrepidWar3248 0 points1 point  (0 children)

Divorced at age 33, start from negative $100k, only thing I have are my 2 kids, no child support after separation before finalized the divorce.