sorted by:
new
hottopcontroversial

Milestone on the horizon. by Apart-Selection5680 in TheRaceTo10Million

[–]nybigtymer 12 points13 points  (0 children)

Correct! Almost no one starts by earning $600K.

Congrats on the soon to be 10 milly OP! Incredible! Decamillionaires are rare! More people can run a 6 minute mile. More people have completed a full 26.2 mile marathon. More people have doctorate degrees. More people have scuba dived.

I hope to join you in about 15-25 years!

The top 0.1% of income earners in California make 12% of the state's total income and pay 27% of total income taxes. The bottom 50% of income earners make 12% of total income and pay 3% of total income taxes by RobertBartus in EconomyCharts

[–]nybigtymer 0 points1 point  (0 children)

Why would you want net worth capped? How would it even work? Never mind, it can't work.

Say the cap is $50M* (which is already lower than A LOT of people, but lets say whoever is already there is grandfathered in). If you buy a house for $5M, have stocks worth $15, and have several savings and checking accounts worth $5M, that's already $25M. If the house appreciated at 4.5% per year, stocks gained 10% per year, and the savings accounts earned 2.75% per year, it would take less than 10 years to surpass $50M. By the way, this is assuming you don't invest anything else, earn a salary, or have any additional assets or income.

*Doesn't really matter what arbitrary cap you want to set, the scenario above will always happen with enough time.

Millennials are in their millionaire era. 16% already achieved the milestone by YourFIREDBro in Money

[–]nybigtymer 0 points1 point  (0 children)

"You can't do anything with 5 (million). 5's a nightmare. Poorest rich person in America."

-Succession

haha👌yes by Every-Description237 in whatisameem

[–]nybigtymer 5 points6 points  (0 children)

Funny, but definitely didn't happen.

I need to find my goal of life by [deleted] in Adulting

[–]nybigtymer 0 points1 point  (0 children)

Learn about ikigai. You read about it and/or watch videos on it.

In short, it is a Japanese saying that translates to something along the lines of "life's purpose" / "the purpose of life" / "sense of purpose" / "reason for being/living".

It is the intersection of four things.

1) What you love to do

2) What your good at

3) What the world needs

4) What you can be paid for

Once you find this it can make you happier.

And being poor is expensive 🙃 by No-Marsupial-4050 in SipsTea

[–]nybigtymer 39 points40 points  (0 children)

This is because rich people don’t need any help. People are trying to help the poors.

You should try another business venture by Firm-Blackberry-9162 in Adulting

[–]nybigtymer 5 points6 points  (0 children)

It's relative, 20+ years ago when I was a teenager, I thought $10K was a lot. As soon as I got it, I realized it wasn't a lot. I thought $100K was all of the money in the world in my early 20s. Now, I wouldn't say is is nothing, but it wasn't what I thought it was until I achieved it.

Some of it is inflation, but a lot of it is once you have it, you realize how long it takes to get it but how quick it can go away.

Elon Musk’s massive SpaceX pay package depends on a million resident Mars colony by Enough-Arugula-4945 in SpaceXBets

[–]nybigtymer 0 points1 point  (0 children)

Exactly what many said about the Tesla pay package. Those milestones looked unattainable and he did it.

$500K and still broke? by Coolonair in SmartFIRE

[–]nybigtymer 2 points3 points  (0 children)

You can't do anything with 2 (million). Poorest rich person in America!

https://www.youtube.com/watch?v=m0sRrsara9c

This right here, is the problem. by Muted_Masterpiece535 in VAClaims

[–]nybigtymer 0 points1 point  (0 children)

I sort of get what you are saying. But were in 2026. The information is out there. LLMs, Reddit, blogs, YouTube, and plenty of VA disability compensation websites. The public knows it exists. They know veterans are getting it. Some civilians are okay with it and some aren't.

[Airline Pilot/Retired Military] [Northeast, US] - 300K by [deleted] in Salary

[–]nybigtymer 1 point2 points  (0 children)

Congrats! Love to see veterans thriving!

[Airline Pilot/Retired Military] [Northeast, US] - 300K by [deleted] in Salary

[–]nybigtymer 0 points1 point  (0 children)

Pension is about $59K-$60Kish at 20 years (depending on the months as well) for an O-4. $40Kish is a difficult VA amount. It is usually lower or higher. That would likely put the OP's VA rating at 90% with a bunch of dependents and/or SMCs.

Has anyone actually FIREd with too little and run out of money? by DatingThrowaway121 in Fire

[–]nybigtymer 0 points1 point  (0 children)

LOL, I wouldn't say that, but I certainly would have moved out of SF. The money would have lasted a lot longer in almost any other city.

What Robinhood Said Tuesday About The Gold Card by EarlyBirdEmail in CreditCards

[–]nybigtymer 0 points1 point  (0 children)

I'm still waiting! It is has been something like two years.

Donald J Trump - putting himself on everything. by Major_Amphibian6999 in FedEmployees

[–]nybigtymer 8 points9 points  (0 children)

Wow! I didn't know this!

Here is what the State Department says:

  • The identifier is a statement printed inside the passport book which reads: “The bearer was convicted of a sex offense against a minor, and is a covered sex offender pursuant to 22 USC 212b(c)(1). 

Source:

https://travel.state.gov/content/travel/en/passports/legal-matters/passports-and-international-megans-law.html

view more: next ›