11 Apr 2024 8:53 am
It's been almost 20 years ago I stated that "$60k will be the new poverty level", we are getting there.LowIQTrash » 11 Apr 2024, 2:28 am » wrote: ↑ If you don’t retire with $5M in NW you’re going to the poor house. Or some 3rd world country…
”Millionaire” was impressive back in like…1985. $5M is the new millionaire.
Here’s MY solution:
Tell Gen Z to take a Time Machine back to the 2000s. Get a **** job doing ANYTHING - mowing lawns, pressure washing, handyman work, etc.
If you must go to college go to community college or trades. DO NOT GO TO A “UNIVERSITY!”
Save EVERY PENNY not going towards the bare necessities and invest in BITCOIN. Buy it when it’s 25 cents. Or a dollar. WHO **** CARES! - just buy it and NEVER sell until you reach your goal (whether it’s $1M, $3M, $5M or more)
Accumulate especially after those sharp and precipitous 70-90% declines.
Now, how to get my hands on a Time Machine…
The goal posts do keep moving, a mere million dollars won't make you feel rich.