Honeybee 26 Posted December 12, 2018 8 hours ago, Staigera said: I need over $100 million to live comfortably Wow! That's a lot. How much XRP would you need to get this? Share this post Link to post Share on other sites
DutchPanda 5,038 Posted December 12, 2018 6 hours ago, Shuz said: So most people on here will need a price point of $300 or more per coin to get stupid rich yes...... 300 bucks a piece will do the job for me Happy 2051 in advance Share this post Link to post Share on other sites
Dinoizzy 1,084 Posted December 12, 2018 12 hours ago, PickleRick said: Personally, I wouldn't be satisfied with only a few million. We all have our different targets. With only a few million, 30% or so of it is going to taxes. So now I'm left with a couple million. Then what? I buy some land, pay off remaining debts, buy a small business, and be left working again so I don't spend the remaining one million. Which will realistically only make me about $50k-$70k/year in interest from a diversified portfolio. Yawn. I've always been a get rich or die trying person, and a few million just ain't "rich" enough for me. I want billions. That may not happen with my XRP holdings, but if I can reach my target, I can use that to catapult my way up to the three comma club. Will I ***** and moan if I only make a few million? Probably not. Will I be satisfied? Not even remotely I just have wild needs and wants. Grandpa Rick is a greedy pickle. Mostly, because I cannot effect change in the world on a large scale with only a few million. If I want to fly to a remote relocation that needs hospitals, and schools, and food and so on, I need to have a lot more capital to be able to truly change that location for the good. So on and so forth. I could rant for hours. Holy crap. Billions 😲 Aim high i guess mate! I'd be over the moon happy with £500,000! 2 PickleRick and Shuz reacted to this Share this post Link to post Share on other sites
Tinyaccount 9,163 Posted December 12, 2018 26 minutes ago, Samiam1 said: Good luck with a unrealistic target you will never reach. Did you enjoy that? Can you explain your need to belittle others? 2 Yorkies and Dinoizzy reacted to this Share this post Link to post Share on other sites
gamedev368 86 Posted December 12, 2018 (edited) 14 hours ago, tony71 said: Mr Pickles I'm with you on this one. Living in the US a few millions will not cut it for me. I need over $100 million to live comfortably and I don't give a **** what other say if I'm greedy. You have to be greedy You can easily earn a pretty stable 8% yearly ROI on rental properties letting a management company do 95%+ of the work for you. 2-3 million would be more than enough to ensure you had very stable large income to live on and enough left over to keep growing your investments in higher yield areas that maybe are less stable day-to-day. Sure I'd love to own a private jet, 16 super cars, and have a mansion. But I don't really need those things. $200k a year would be more than enough to live an extremely comfortable life. Edited December 12, 2018 by gamedev368 1 WuWei reacted to this Share this post Link to post Share on other sites
Staigera 857 Posted December 12, 2018 4 hours ago, Honeybee said: Wow! That's a lot. How much XRP would you need to get this? You tried to quote @tony71 he said that I'm satisfied with 50 mill 😂 1 tony71 reacted to this Share this post Link to post Share on other sites
QuizPops 838 Posted December 12, 2018 5 minutes ago, gamedev368 said: You can easily earn a pretty stable 8% yearly ROI on rental properties letting a management company do 95%+ of the work for you. 2-3 million would be more than enough to ensure you had very stable large income to live on and enough left over to keep growing your investments to fight off inflation. Sure I'd love to own a private jet, 16 super cars, and have a mansion. But I don't really need those things. $200k a year would be more than enough to live an extremely comfortable life. Also $200k a year doing absolutely nothing sounds really really nice to me at least. I could literally do anything I want! 1 Dinoizzy reacted to this Share this post Link to post Share on other sites
Staigera 857 Posted December 12, 2018 (edited) 11 minutes ago, gamedev368 said: You can easily earn a pretty stable 8% yearly ROI on rental properties letting a management company do 95%+ of the work for you. 2-3 million would be more than enough to ensure you had very stable large income to live on and enough left over to keep growing your investments in higher yield areas that maybe are less stable day-to-day. Sure I'd love to own a private jet, 16 super cars, and have a mansion. But I don't really need those things. $200k a year would be more than enough to live an extremely comfortable life. You should never let a third party handle your finances. You should seek advice but take matters to your own hands. Buy property and rent it out. That way you will get a monthly steady income and own real estate. Incase hyper inflation ever occurs. But why are we talking about this with XRP at 0.2 cents 😂😂😂 Edited December 12, 2018 by Staigera 1 1 Dinoizzy and tony71 reacted to this Share this post Link to post Share on other sites
gamedev368 86 Posted December 12, 2018 (edited) 5 minutes ago, Staigera said: You should never let a third party handle your finances. These aren't companies that manage your finances or choose what properties you buy. They simply handle tenants, take care of maintenance, do the day to day care on the property. Generally you can have them do as much or as little as you agree to. And they take a percentage of the rent in exchange. Edited December 12, 2018 by gamedev368 3 tony71, Dinoizzy and Staigera reacted to this Share this post Link to post Share on other sites
gamedev368 86 Posted December 12, 2018 19 minutes ago, QuizPops said: Also $200k a year doing absolutely nothing sounds really really nice to me at least. I could literally do anything I want! Yes even if I could only pull $50k a year. That would be plenty in my area. I'm a simple man. The ability to have to do nothing at all while I earn it is the real dream. 2 QuizPops and Dinoizzy reacted to this Share this post Link to post Share on other sites
zenkert 13,497 Posted December 12, 2018 16 minutes ago, gamedev368 said: The ability to have to do nothing at all while I earn it is the real dream. You mean to earn it ? Doing nothing will be very, very boring in the long run Share this post Link to post Share on other sites
jeromem75 126 Posted December 12, 2018 1 minute ago, zenkert said: You mean to earn it ? Doing nothing will be very, very boring in the long run he meant that maybe ? 1 zenkert reacted to this Share this post Link to post Share on other sites
gamedev368 86 Posted December 12, 2018 8 minutes ago, zenkert said: You mean to earn it ? Doing nothing will be very, very boring in the long run I mean i wouldn't just do nothing. I'd probably travel a lot within my means. Probably continue game development on my own indie games, but at my own slow pace and with no worry of success or failure or timeframe. 1 zenkert reacted to this Share this post Link to post Share on other sites
zenkert 13,497 Posted December 12, 2018 22 minutes ago, gamedev368 said: Probably continue game development on my own indie games Curious, what is a indie game @gamedev368 please enlighten me. Share this post Link to post Share on other sites
gamedev368 86 Posted December 12, 2018 2 hours ago, zenkert said: Curious, what is a indie game @gamedev368 please enlighten me. Just means a game with no large publisher. A game made by 1 person or just a handful of people. 1 zenkert reacted to this Share this post Link to post Share on other sites
