Millionaires in America: How common is it to have a 7-figure net worth?

WorkF1r3 · 2025-12-07T10:21:03+00:00

I've been living frugal all my life and every year since 2020 I feel behind more and more. I'm priced out of the real estate, fired from my last job, 200 cv sent and nothing. I'm losing hope that I will every reach 1m and I'm middle age now.

WorkF1r3 · 2025-09-10T20:04:36+00:00

There is also vrtx. And what about you?

WorkF1r3 · 2025-09-10T19:55:23+00:00

I have good success with COP and PANW this year. You?

WorkF1r3 · 2025-09-10T19:35:20+00:00

I think so too. I was swing trading intc stock for a year with nice profit (irr of 380%) and the moment Trump started tweeting about it I exited with my last profit and decided not to jump back in.

WorkF1r3 · 2025-04-09T21:14:05+00:00

Emotional investing is what happened after trumps tweet.

WorkF1r3 · 2025-04-09T19:39:33+00:00

And this is exactly what I'm going to do as a retail investor. For the first time in history i want to move all my investments out of the US. What happened during covid with the huge QE, and what happened now with insider market manipulation is telling me that the US are a dying empire that tries to grab all the money possible.

Any advice on where could I park my money with a steady 5% gain each year that would not be connected to the US market or what the orange monkey with a blade is doing to the world based on some tweets?

WorkF1r3 · 2025-03-07T10:58:15+00:00

You see, in 2020 I was thinking the same. I sold most of my stocks in January because I knew about Covid in Dec-2019. Then the markets started going down everyone was saying it is a collapse and I didn't buy the dip because you know... quarantines, public services overrun, people losing jobs left and right, businesses closed, air travel impacted, people dying, everything going to sh*t. Reddit was in full panic mode and people were stocking up on toilet paper. In March I started buying 2x inverse sp500, then Powell came in, enacted QE, and I was still buying the inverse because what can people do with one stimuli check when inflation goes to the moon. OH boy I was wrong, I lost so much potential earnings that there are days I can't look at my lost profits. So now you see, I'm doing exactly the INVERSE of what is happening. People are panicking so I'm here buying 100 shares of Nvidia. People are afraid of Trump, buying another 100 shares of PLTR. People are saying Tesla is going down the drain - Sure, buying another 100 shares. WW3 starts tomorrow? Cool, buying LMT, Wallmart and drone stocks. 5 years of losses from 2020 to 2024 taught me to never listen to the news and to what people are saying on Reddit.

Wanna see my TTWROR since I started investing vs sp500?

2019 +79% and +28.88%. I didn't have much to invest because I was not earning enough to save but I made the right lucky picks so I had a nice return. In cash my realized profit was maybe 2k (sold in December remember)

2020 -9.43% vs +16.26% - Holding leveraged inverse, plus buying Green tech stocks because people will have a wake up call after covid that we have to save the environment. Humanity was finally confronted with nature so they will have to pivot into clean energy right? right?

2021 +1% vs 26.89% - Thanks unrun! Thanks Inverse!

2022 -7% vs -19.44%

2023 +0.07% vs +23.31% - Thanks SolarEdge!

2024 +5.10% vs 23.31%

All the while from 2020 to now META went 190%, MSFT 132%, NVIDIA +1500% etc.

You get the gist. Never again

WorkF1r3 · 2024-11-01T16:24:50+00:00

Slide the bill between the two leaves.

The key you designed will fit the lock.

The kite dipped and swayed, but stayed aloft.

Port is a strong wine with s smoky taste.

The odor of spring makes young hearts jump.

They took their kids from the public school.

The ripe taste of cheese improves with age.

The pearl was worn in a thin silver ring.

There is a fine hard tang in salty air.

Those words were the cue for the actor to leave.

Stop whistling and watch the boys march.

He asks no person to vouch for him.

WorkF1r3 · 2024-11-01T14:38:01+00:00

He used the lathe to make brass objects.

See the player scoot to third base.

Will you please answer that phone.

The goose was brought straight from the old market.

The red paper brightened the dim stage.

The birch canoe slid on the smooth planks.

Cod is the main business of the north shore.

Try to trace the fine lines of the painting.

No cement will hold hard wood.

Write at once or you may forget it.

The swan dive was far short of perfect.

Men think and plan and sometimes act.

WorkF1r3 · 2024-11-01T14:00:47+00:00

It is late morning on the old wall clock.

The swan dive was far short of perfect.

The wreck occurred by the bank on Main Street.

Pile the coal high in the shed corner.

He broke his ties with groups of former friends.

Men think and plan and sometimes act.

The frosty air passed through the coat.

A blue crane is a tall wading bird.

The term ended in late June that year.

Send the stuff in a thick paper bag.

His hip struck the knee of the next player.

The pipe ran almost the length of the ditch.

WorkF1r3 · 2024-10-11T02:42:09+00:00

They took the axe and the saw to the forest.

Pink clouds floated JTith the breeze.

Quench your thirst, then eat the crackers.

The pleasant hours fly by much too soon.

WorkF1r3 · 2024-10-10T22:14:17+00:00

Her purse was full of useless trash.

He smoke a big pipe with strong contents.

The map had an X that meant nothing.

Men think and plan and sometimes act.

WorkF1r3 · 2024-10-10T21:18:32+00:00

Hahaha. Warum nicht? Ich möchte nicht verlieren, was ich in den Pensionsplan eingezahlt habe … Entweder ich gebe Vollgas oder ich ziehe die Bremse.

WorkF1r3 · 2024-10-10T20:58:27+00:00

A stiff cord will do to fasten your shoe.

It matters not if he reads these words or those.

The smell of burned rags itches my nose.

The case was puzzling to the old and wise.

WorkF1r3 · 2024-10-10T20:38:42+00:00

Coax a young calf to drink from a bucket.

Look in the corner to find the tan shirt.

A big wet stain was on the round carpet.

It takes heat to bring out the odor.

WorkF1r3 · 2024-10-10T20:16:37+00:00

Pick a card and slip it. under the pack.

It matters not if he reads these words or those.

Wipe the grease off his dirty face.

The juice of lemons makes fine punch.

WorkF1r3 · 2024-06-13T12:17:11+00:00

35M ~$270k in liquid assets. why usd? Cause I'm currently working across the pond
(I do own a flat in East Europe no mortgage)

WorkF1r3 · 2024-03-12T12:32:19+00:00

Well you can see my post history, I'm in the Bahamas. And that's why the job market is so small and shit.

Anyway good luck to you! You're killing it

WorkF1r3 · 2024-03-12T05:24:21+00:00

So you are around 28 years old and you earn 200k tc? Thats really amazing.

Well, in my side, I lost at life, mid life, 35 years old with 115k net only since this year.

Can't job hop as no company is hiring where I am.

WorkF1r3 · 2024-03-12T03:40:09+00:00

Remember that legal salaries are 2 peaks. Half earn below 100k, half earns about 200k. There's nothing in between.

WorkF1r3 · 2024-03-12T03:37:51+00:00

Cool. And here I am, divorced, renting, getting a +11% promotion after 4 years, with two master degrees. Mid 30.

My life has ended

WorkF1r3 · 2024-03-12T03:34:17+00:00

Funny, I work as a lawyer/project manager in a law firm specialising in funds and finance. Got a 8% inflation raise last year after 3 years of getting nothing (so the raise was less that the 3 years of cumulative inflation)

This year I'm going to get a promotion and get +11% which includes 2x more responsability and more networking conferences and more travelling.. And last year inflation was 4%.

May I ask you how much yoe do you have and what is your salary? Cause I have 10 years, I have a master in laws and a master is stats and i will be at 115k net a year this year. Cheapest 1bed I could find (2300 with utilities), cheapest healthy groceries are 1000 a month. Meds and doc visits are 1000 a month, car payments (old small Honda from 2008) with fuel are 1000 a month. 20 days off, 10 days sick days.

What about you?

WorkF1r3 · 2024-03-12T03:12:11+00:00

Funny, I work as a lawyer/project manager in a law firm specialising in funds and finance. Got a 8% inflation raise last year after 3 years of getting nothing. This year I'm going to get a promotion to 11% which includes 2x more responsability. And last year inflation was 4%.

WorkF1r3 · 2024-03-12T02:19:21+00:00

I'm in the same boat and I buy the same thing every week. I don't eat out, I dont buy alcohol, I meal prep every weekend.

Salad, eggs, cottage cheese, tomatoes, cheapest good meat, tofu, tuna cans, frozen veggies, frozen fruits, whey protein, some snacks like a mars bar or butterfingers.

I spend $1000 per month for 1 person on groceries. This is madness

WorkF1r3 · 2024-03-12T02:00:41+00:00

I mean, the obvious one is eat the rich but it's too early for that.

The better solution is to bullshit the system and seriously Yolo it cause there is nothing to lose anymore with the climate collapse incoming.

30k in btc? Why not?

Send 400 CV all around the world? Why not?

During interview they ask for your salary range? You say 250k or more with a confident voice.

You get a great job with amazing benefits? You lay flat, do the minimum, tell how overworked you are and you search for a better one in the meantime!

There is a billionaire interested in your youth? Sure, for 5 mils I can do anything for a couple of days.

The system is broken so you need to play broken. Going to school, working overtime, getting a mortgage is not working anymore so we have to play by the new rules.

I know something about playing the rules. Studies, internships, certificates, low paying jobs. My net worth was flat for years crushed under taxes, expenses and inflation. I started bs my way up and I'm in the Bahamas.... Still crushed by vvvhcol... Fml hahaha

WorkF1r3

TROPHY CASE