
Intellectual
Admiral
★★
- Joined
- Jun 12, 2023
- Posts
- 2,607
A lot of people ask me about wealthmaxxing, but here's a guide to do it.
1) Acquire skills that are high in demand, this can be done through courses, self-teaching, college courses, etc.
2) Get a job
3) Live very frugally, buy cheap food, don't go out, take cold showers, don't use AC or heat, etc
3) Max your income into a tax-free ROTH IRA account, you don't pay taxes on this. This income is yours for the keeping
4) With surplus money, buy BERKSHIRE HATHAWAY STOCK (important), this is because you never have to sell it, it never pays dividends, it simply repurchases it's own stock, as long as you never sell the stock, you will never have to pay tax on your earned gains
5) Allow the compounding effects of HIGH INCOME, LOW EXPENSES, and HIGH INVESTMENT RETURN make you rich
6) Go to Europe on a line of credit, BORROW the money to go fuck hookers in brothels
7) Let the interest accrue, it can build up indefinitely because you can borrow against your assets (Berkshire Hathway), which increases at a higher rate than the interest.
8) Enjoy a lovely life of banging escorts
1) Acquire skills that are high in demand, this can be done through courses, self-teaching, college courses, etc.
2) Get a job
3) Live very frugally, buy cheap food, don't go out, take cold showers, don't use AC or heat, etc
3) Max your income into a tax-free ROTH IRA account, you don't pay taxes on this. This income is yours for the keeping
4) With surplus money, buy BERKSHIRE HATHAWAY STOCK (important), this is because you never have to sell it, it never pays dividends, it simply repurchases it's own stock, as long as you never sell the stock, you will never have to pay tax on your earned gains
5) Allow the compounding effects of HIGH INCOME, LOW EXPENSES, and HIGH INVESTMENT RETURN make you rich
6) Go to Europe on a line of credit, BORROW the money to go fuck hookers in brothels
7) Let the interest accrue, it can build up indefinitely because you can borrow against your assets (Berkshire Hathway), which increases at a higher rate than the interest.
8) Enjoy a lovely life of banging escorts