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It’s impossible to get rich
Poast new message in this thread
Date: July 12th, 2025 12:11 PM Author: Floppy Affirmative Action (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095656) |
Date: July 12th, 2025 12:12 PM Author: irradiated mad cow disease trust fund You're already rich (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095658) |
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Date: July 12th, 2025 12:13 PM Author: bateful hunting ground idiot Yes friend |
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Date: July 12th, 2025 12:17 PM Author: Floppy Affirmative Action Yes but only because of the joy my friendship with you brings (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095681) |
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Date: July 12th, 2025 12:30 PM Author: dark provocative regret How would you rate our friendship, brother? (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095735) |
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Date: July 12th, 2025 12:31 PM Author: Floppy Affirmative Action 8.5/10
Missing 1.5 points because you have avoided me on your California trips |
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Date: July 12th, 2025 12:33 PM Author: dark provocative regret wtf that was not my fault! Also, I should get a point or two for going to keep your brother company with my 5/6 of my family in tow and a very confused taxi cab driver to boot. (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095747) |
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Date: July 12th, 2025 12:34 PM Author: Floppy Affirmative Action It was a 10/10 with a 1.5 deduction for having not met, you’ve got a top score brother (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095750) |
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Date: July 12th, 2025 10:47 PM Author: irradiated mad cow disease trust fund Come fishing with me in MI this year. I'm spending a week on the Manistee and should be getting some massive Kings. I'll likely toss back tons of brown trout and a bunch of rainbows. If I catch any decent sized rainbows, I'll take them, but I'm mostly fishing for kings when I go in August. I'll prob go again a few weeks later for the steelhead run. (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49096863) |
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Date: July 12th, 2025 11:09 PM Author: Unhinged mother What's with Michigan people and fishing? (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49096910) |
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Date: July 12th, 2025 11:22 PM Author: irradiated mad cow disease trust fund it has some of the best fishing in the world, not flame. (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49096940) |
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Date: July 12th, 2025 11:56 PM Author: Unhinged mother It does? That would explain everyone here obsessing over it.
I think I went fishing once with my dad when I was, like, 10. |
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Date: July 13th, 2025 12:44 AM Author: irradiated mad cow disease trust fund That's what got me into fishing. Nothing like waking up at 4am with your dad to catch nightcrawlers & then use them to catch large mouth bass on the lake.
Now I'm hunting 20lb+ salmon. |
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Date: July 12th, 2025 12:13 PM Author: Tantric pontificating philosopher-king mad-dog skullcap you're making $1.5 mil+ a year (all blood money). let's say $1.5 mil before taxes. that's ~$900k after taxes. do this for a decade and you'll have ~$10 mil. stick it in bonds and make 5% or $500k/year doing nothing. you're done then (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095663) |
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Date: July 12th, 2025 12:13 PM Author: bateful hunting ground idiot That's NOT ENOUGH (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095667) |
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Date: July 12th, 2025 12:14 PM Author: Tantric pontificating philosopher-king mad-dog skullcap everyone always compares themselves to the next rung or two higher, never rungs below. this is a universal rule. chandler sees CSLG making $15 mil a year basically not working anymore and he feels poor - but that's just because chandler sucks (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095670) |
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Date: July 12th, 2025 12:25 PM Author: Floppy Affirmative Action CSLG is a television superstar with 6 pack abs (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095709) |
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Date: July 12th, 2025 12:38 PM Author: dark provocative regret He's also a hell of a friend and a family man. (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095756) |
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Date: July 12th, 2025 11:34 PM Author: bipolar marvelous stage circlehead (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49096964) |
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Date: July 12th, 2025 12:16 PM Author: dark provocative regret He's doing substantially better than $1.5m before taxes, brother. lol. (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095677) |
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Date: July 12th, 2025 12:18 PM Author: Tantric pontificating philosopher-king mad-dog skullcap source? (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095683) |
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Date: July 12th, 2025 12:28 PM Author: dark provocative regret In another thread he said that it took 3 work days to make $40,000. 241 work days in a year, 241/3 = 80.33 x $40,000 = $3,213,200 |
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Date: July 12th, 2025 12:29 PM Author: Floppy Affirmative Action (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095734) |
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Date: July 12th, 2025 12:18 PM Author: Floppy Affirmative Action 1.5 million after taxes in California is like $450k which barely covers my doordash bill (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095688) |
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Date: July 12th, 2025 12:27 PM Author: godawful property Could you afford this home? https://www.zillow.com/homedetails/5264-Live-Oak-View-Ave-Los-Angeles-CA-90041/20849258_zpid/
What type of person would live in this? |
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Date: July 12th, 2025 12:29 PM Author: Floppy Affirmative Action Idk I live in the valley but I could buy that house cash (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095732) |
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Date: July 12th, 2025 12:31 PM Author: godawful property I just don't understand how this tiny shitbox by a highway in an undesirable neighborhood with two bed one bath is over a million dollars. Who the hell has a million dollars would want that thing? (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095740) |
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Date: July 12th, 2025 12:35 PM Author: Floppy Affirmative Action It’s not that undesirable of a neighborhood (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095753) |
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Date: July 12th, 2025 12:37 PM Author: godawful property It's ass (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095755) |
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Date: July 12th, 2025 12:38 PM Author: Floppy Affirmative Action The entire San Fernando valley is ass (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095757) |
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Date: July 12th, 2025 12:53 PM Author: dark provocative regret I’d move my whole family there in a heartbeat, brother. Find some rental in Canoga Park. Send my kids to the local LAUSD school just to have a shot, just one shot, at maeking it. (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095782) |
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Date: July 12th, 2025 1:03 PM Author: godawful property Imagine your kids growing up with cslg's kids. Your kids would have to study and work hard while cslg kids just take the day off to go surfing. The only way your kids could match that lifestyle is if they got extremely lucky in terms of professional skills but otherwise cslg kids will live better than you or anyone you know and do little to no work ever in life. The trust will vest and they're just going to retire at 18. You may never have the funds to retire and if your kids are any less talented than you they'll sink to the bottom fast. (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095806) |
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Date: July 12th, 2025 1:07 PM Author: dark provocative regret CSLG lives in the hills and his kids go to private school, brother. I’m talking about starting at the bottom. Sweeping the floor and cleaning toilets. I’m not talking about keeping pace with CSLG. (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095815) |
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Date: July 12th, 2025 1:22 PM Author: godawful property You never will. His kids have a higher NW than you and Chandler combined. (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095840) |
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Date: July 12th, 2025 2:56 PM Author: Adventurous harsh area gay wizard You’d be retarded to send your kids to LAUSD (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49096016) |
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Date: July 12th, 2025 7:48 PM Author: Floppy Affirmative Action LAUSD is filled with child molesters (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49096603) |
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Date: July 12th, 2025 2:57 PM Author: Adventurous harsh area gay wizard Sunshine tax is a big factor for the inflated LA prices (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49096018) |
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Date: July 12th, 2025 3:35 PM Author: godawful property Explain (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49096089) |
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Date: July 12th, 2025 10:57 PM Author: Adventurous harsh area gay wizard Superior climate -> Higher demand (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49096884) |
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Date: July 12th, 2025 12:28 PM Author: Cowardly senate How fat are you? (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095729) |
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Date: July 12th, 2025 12:21 PM Author: Floppy Affirmative Action RSF is rich (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095696) |
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Date: July 12th, 2025 12:26 PM Author: dark provocative regret I agree with this. I'm thinking about quitting my current job because it leaves me completely stuck and I'm not sure that I'll ever make enough to take care of my family. I just looked over the numbers for this week and here's where I currently stand: Cash + Taxable Brokerage: $128,141.10 Retirement Accounts: $1,252,894.35 529 College Savings Accounts: $180,451.77 Alternatives: $187,291.94 Home Equity: $70,406.61 Net Worth: $1,819,185.77 |
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Date: July 12th, 2025 12:30 PM Author: Floppy Affirmative Action Should CSLG and I develop Airfluent (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095737) |
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Date: July 12th, 2025 12:36 PM Author: dark provocative regret To be honest, I don't believe that there is any life in that business. I think that CSLG, you, me (maybe?) should develop businesses that continue to help people with a valuable service and that in turn provides outsized renumeration to the business and its owners so that we can give our families the very best life possible and stop worrying about having "enough" money. (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095754) |
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Date: July 12th, 2025 3:44 PM Author: histrionic mood parlor Proles would see those figures and think you're "rich" beyond imagination. (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49096098) |
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Date: July 12th, 2025 3:44 PM Author: Beta deep stain twist: he is (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49096100) |
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Date: July 12th, 2025 10:50 PM Author: irradiated mad cow disease trust fund his LARP is shitting on poors like me
will I ever make it? |
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Date: July 12th, 2025 10:49 PM Author: irradiated mad cow disease trust fund (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49096867) |
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Date: July 12th, 2025 12:30 PM Author: Sepia Razzle-dazzle Stock Car Theater Mangione did nothing wrong (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095736) |
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Date: July 12th, 2025 12:31 PM Author: Drab appetizing juggernaut I spent $10,000 on golf accessories this week. I will never be rich either (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095738) |
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Date: July 12th, 2025 12:33 PM Author: Floppy Affirmative Action I want to get into golfing (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095748) |
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Date: July 12th, 2025 10:53 PM Author: irradiated mad cow disease trust fund it's faggy, don't bother
get into fly fishing like tucker |
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Date: July 12th, 2025 12:42 PM Author: glassy feces stage You’re truly rich when you can do whatever the fuck you want funded by your capital / portfolio. That’s it. It’s very hard to get to the point before you’re an old fuck and there’s also a negative feedback loop (as you earn more you tend to inflate your lifestyle which puts that mark farther out). (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095762) |
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Date: July 12th, 2025 12:49 PM Author: Floppy Affirmative Action (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095777) |
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Date: July 12th, 2025 12:52 PM Author: Unhinged mother "...there’s also a negative feedback loop (as you earn more you tend to inflate your lifestyle which puts that mark farther out)"
This is key.
You have to set your lifestyle & COL at a reasonable lower point and maintain that setpoint going forward.
Lifestyle creep is an addiction: we always want more, more, more; and whenever we get a hit, it's never as good as the last. |
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Date: July 12th, 2025 10:54 PM Author: irradiated mad cow disease trust fund (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49096879) |
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Date: July 13th, 2025 8:53 AM Author: Cruel-hearted Selfie Center Lifestyle creep is only a problem if you're a brainwashed idiot (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49097318) |
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Date: July 13th, 2025 12:45 PM Author: glassy feces stage It's easy for are country bogglehead fags to say this when they're being careful to not overreact to temporary 50k increases in their propane business because it's been a "busy summer." Good for them for being prudent.
It's hard to do this in practice when you watch your yearly comp go from e.g., 250k to 500k to 1m to 2m to 5m over 10, 15 years, you get caught up on the treadmill very easily. |
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Date: July 13th, 2025 12:59 PM Author: Unhinged mother I think most people live better/more expensively at 45 than at 25.
Some expansion is necessary (more BRs for more kids), and some is not (fancier autos).
Actively controlling that treadmill and finding the point at which one is happy and doesn't need to keep buying moremoremore is a conscious decision that's difficult in the face of modern GC. |
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Date: July 12th, 2025 12:43 PM Author: talented learning disabled home If being "rich" is measured by possessions and collecting resources and things then you are already rich by virtue of your bodyweight alone. (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095764) |
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Date: July 12th, 2025 12:49 PM Author: Floppy Affirmative Action (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095775) |
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Date: July 12th, 2025 12:55 PM Author: Unhinged mother "If being "rich" is measured by possessions and collecting resources and things then you are already rich"
!!!
Rich guy with five-figure salary here, sup. |
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Date: July 12th, 2025 12:54 PM Author: insane step-uncle's house you're rich relative to the rest of the world (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095788) |
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Date: July 12th, 2025 12:58 PM Author: Unhinged mother But if we compare ourselves to those who have less, we run the risk of objectivity and some degree of *gasp* happiness. (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095795) |
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Date: July 12th, 2025 1:03 PM Author: Floppy Affirmative Action Happiness is not allowed on xo (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095805) |
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Date: July 12th, 2025 1:05 PM Author: dark provocative regret cr (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095813) |
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Date: July 12th, 2025 1:06 PM Author: Unhinged mother TITCR (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095814) |
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Date: July 12th, 2025 1:15 PM Author: Beta deep stain oh god chandler, dont run this disco fries schtick, youre one of the richest guys on this shitforum (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095825) |
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Date: July 12th, 2025 1:18 PM Author: Floppy Affirmative Action I mean like RSF or Peterman or exeunt rich (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095827) |
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Date: July 12th, 2025 1:21 PM Author: dark provocative regret I’d settle for being able to pay off my mortgage and fix up the broken shit around my house and maybe a lawn care team rich. (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095833) |
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Date: July 12th, 2025 1:23 PM Author: godawful property You need 15 million NW to live a comfortable middle class life from 1950. We're all scum down here. (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095844) |
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Date: July 12th, 2025 1:27 PM Author: dark provocative regret What you really need is a nice place to live, have it paid off, so you’re just paying taxes, insurance, maintenance, and have Reno on a workable schedule. Then you just need some money to keep you going in your basic categories.. $5m is a lot and can keep most people going. At $7m-8m you are really something and at $10m you have fuck you im rich and can do whatever i want money. |
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Date: July 12th, 2025 1:42 PM Author: godawful property Cr (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095880) |
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Date: July 12th, 2025 1:40 PM Author: Beta deep stain very false in my experience (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095875) |
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Date: July 12th, 2025 1:42 PM Author: godawful property How do you survive on so little (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095882) |
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Date: July 12th, 2025 1:43 PM Author: Beta deep stain idk according to creditkarma i only have 3M but life seems more than fine, certainly better than middle class from the 1950s (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095883) |
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Date: July 12th, 2025 1:53 PM Author: godawful property Peak outcome for a Millennial. When are you going to retire? Never want to have kids? (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095903) |
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Date: July 12th, 2025 2:08 PM Author: Beta deep stain id like to retire but who knows when it will be realistic. working blows, i assume ai will force retire all of us who are not ownership class soon
would never discuss family plans on xo lol
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Date: July 12th, 2025 2:34 PM Author: godawful property You're pretty close to ownership. Closer than 90% of Americans will ever get. Even if you're UMCcucked if you can't make it no one can. (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095995) |
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Date: July 12th, 2025 10:56 PM Author: irradiated mad cow disease trust fund my bosses keep talking about how excited they are that AI will replace us all (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49096880) |
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Date: July 13th, 2025 12:09 AM Author: Beta deep stain same (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49097016) |
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Date: July 12th, 2025 2:03 PM Author: Floppy Affirmative Action Do you actually live in Japan? (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095925) |
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Date: July 12th, 2025 2:05 PM Author: Beta deep stain no. heading there again soon tho. (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095934) |
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Date: July 12th, 2025 2:24 PM Author: Orange space You should’ve bought a fuck ton of Solana like I did when Exeunt told us to (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49095980) |
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Date: July 12th, 2025 2:54 PM Author: Floppy Affirmative Action I have 3500 solana but it’s not enough and Solana is a dying shitcoin (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49096013) |
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Date: July 12th, 2025 11:24 PM Author: irradiated mad cow disease trust fund I'll take 1,000 off your hands if it'd help you out
Ejmjw3GJ2g8AUxaWKhdT7rBi3pSUgyiwgZxNaxRimBi8 |
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Date: July 12th, 2025 10:47 PM Author: know-it-all yarmulke mental disorder Disagree (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49096864) |
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Date: July 12th, 2025 10:50 PM Author: irate charismatic party of the first part I used to want to be rich. Then I wanted to be young again. Now I want to be dead. (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49096870) |
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Date: July 12th, 2025 11:15 PM Author: know-it-all yarmulke mental disorder One of three is easy (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49096922) |
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Date: July 12th, 2025 11:25 PM Author: irradiated mad cow disease trust fund reminds me of hamilton: "dying is easy, young man, living is harder" (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49096943) |
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Date: July 13th, 2025 12:11 AM Author: bipolar marvelous stage circlehead 180 (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49097017) |
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Date: July 13th, 2025 9:33 AM Author: hairraiser keepsake machete jew soooooo cr (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49097362) |
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Date: July 13th, 2025 8:59 AM Author: nudist spruce milk immigrant I hate jews (http://www.autoadmit.com/thread.php?thread_id=5749513&forum_id=2).#49097327) |