LifeFuel You Only Need $250k to Be Financially Free

[Intellectual]

I calculated that to ensure I had a good life financially, I'd need 250k. At this rate, you can earn 20k in cashflows. That, combined with 30k at a minimum wage job, you could live an upper-class life for the rest of your life via a constant and almost risk-free 50k a year income.

At that point, you're basically an economic Chad. You can go around escortmaxxing because you're not bound by location, you have ascended the job sphere, you are an aristocrat of the modern time.

 

[Luzifer]

Dnr

 

[nice_try]

"only"

 

[Med Amine]

and under what rock can i find this "250k dollars"?

 

[Quoj]

and under what rock can i find this "250k dollars"?

 

[Intellectual]

and under what rock can i find this "250k dollars"?

A rock known as "hard work"

 

[pyromancer1234]

Under what rock can I find 8% cash flow over inflation?

 

[Incline]

A rock known as "hard work"

 

[Balding Subhuman]

I think that used to be true, but I don't know about the future. The economy has taken too big of a hit. And its not like the worst of the worst has even yet to come. When the stock markets crash it'll be hell on earth since we haven't had a proper stock market crash since 2008. 2020 doesn't really even count because of all the ridiculous stimulus bullshit.

 

[Intellectual]

Under what rock can I find 8% cash flow over inflation?

Any big Canadian Bank

 

[Intellectual]

I think that used to be true, but I don't know about the future. The economy has taken too big of a hit. And its not like the worst of the worst has even yet to come. When the stock markets crash it'll be hell on earth since we haven't had a proper stock market crash since 2008. 2020 doesn't really even count because of all the ridiculous stimulus bullshit.

Stocks won't crash because they're undervalued right now. Housing is the only investment that's overvalued ATM.

 

[Wolnir]

Ignored

 

[Wolnir]

Dnr

 

[IncelsNeverCry]

What cashflows give me specifics economy nigga I want names

 

[LeFrenchCel]

A rock known as "hard work"

 

[der_komische]

 

[CrackingYs]

You can't really earn $20k/yr off of $250k. You can with some ETFs, but your capital would decrease over time and the next year you'll get less than 20k and every year after that.

A fairly conservative dividend fund is SCHD with 3.58% yield ($8950/yr). So you'd need more like $600k to earn $25k/yr and have it increase over time.

Schwab U.S. Dividend Equity ETF (SCHD) Stock Price, News, Quote & History - Yahoo Finance

Find the latest Schwab U.S. Dividend Equity ETF (SCHD) stock quote, history, news and other vital information to help you with your stock trading and investing.

finance.yahoo.com

 

[Intellectual]

You can't really earn $20k/yr off of $250k. You can with some ETFs, but your capital would decrease over time and the next year you'll get less than 20k and every year after that.

A fairly conservative dividend fund is SCHD with 3.58% yield ($8950/yr). So you'd need more like $600k to earn $25k/yr and have it increase over time.

Schwab U.S. Dividend Equity ETF (SCHD) Stock Price, News, Quote & History - Yahoo Finance

Find the latest Schwab U.S. Dividend Equity ETF (SCHD) stock quote, history, news and other vital information to help you with your stock trading and investing.

finance.yahoo.com

Wut wut, wut wut..... Pfizer stock pays 8% dividend. There's lots of dividend funds that pay 8% and still grow. That's pretty standard.

 

[RandomGuy]

Wut wut, wut wut..... Pfizer stock pays 8% dividend. There's lots of dividend funds that pay 8% and still grow. That's pretty standard.

Pfizer stock pays 4.55% dividend.

 

[CrackingYs]

Wut wut, wut wut..... Pfizer stock pays 8% dividend. There's lots of dividend funds that pay 8% and still grow. That's pretty standard.

Yahoo says PFE is 4.55%.

Altria is like 8%, yeah there are some stocks that high, but you're not going to be able to rely on them staying at that diviend and not losing value. You're also not going to want to put all the money in 1 stock.

 

[Intellectual]

Yahoo says PFE is 4.55%.

Altria is like 8%, yeah there are some stocks that high, but you're not going to be able to rely on them staying at that diviend and not losing value. You're also not going to want to put all the money in 1 stock.

Yahoo says PFE is 4.55%.

Altria is like 8%, yeah there are some stocks that high, but you're not going to be able to rely on them staying at that diviend and not losing value. You're also not going to want to put all the money in 1 stock.

Ok you're right, but your expected return should be around the P/E ratio, so if you hypothetically sell off your stock a little bit, it should grow enough to encompass those sell offs.

 

[Antifem Lord]

A rock known as "hard work"

Shoot for your dreams

 

[Mezo103]

I need 150k to get quad LL

 

[Defetivecuckachu]

you could live an upper-class life for the rest of your life via a constant and almost risk-free 50k a year income.

At that point, you're basically an economic Chad. You can go around escortmaxxing because you're not bound by location, you have ascended the job sphere, you are an aristocrat of the modern time.

Let's not get carried away. You can afford to be a low-budget backpacker for a few weeks a year. Maybe. If you eat packet noodles and toenails and save absolutely everything.

I can remember being mid-20s young urban professional, when myself and all of my little high school buddies were starting to break into $50k salaries. We thought that was so much money. JFKeK

Escortmaxxing won't make you happy. But paying to lose the V can be a worthwhile part of a khhv's journey.

 

[iamsubhuman]

I wanted to be nice, but now I see why other users call you retarded

 

[Intellectual]

Let's not get carried away. You can afford to be a low-budget backpacker for a few weeks a year. Maybe. If you eat packet noodles and toenails and save absolutely everything.

Yeah, being one of the richest people on the planet (1%) is so not worth it bro, totally.

I can remember being mid-20s young urban professional, when myself and all of my little high school buddies were starting to break into $50k salaries. We thought that was so much money. JFKeK

That is objectively a metric ton of money. Just LOL at you ungrateful brats.

Escortmaxxing won't make you happy. But paying to lose the V can be a worthwhile part of a khhv's journey.

 

[depressedblackcel]

A rock known as "hard work"

I wish you were born poor ngl.

 

[Osman279]

I wish you were born poor ngl.

Brutal ngl

 

[Defetivecuckachu]

Yeah, being one of the richest people on the planet (1%) is so not worth it bro, totally.

That is objectively a metric ton of money. Just LOL at you ungrateful brats.

The trouble is, to do those jobs you have to live in Consumerville and the real challenge is to not be a consoomer.

FR though... your post sounds like the ideas of a teenaged neetlord who has watched a few money making life hacks on TikTok and has no idea what anything costs. Or do you live in some curryrice shithole where $10 U.S. would feed the entire village on rice and crickets for a week...?

 

[Mortis]

A rock known as "hard work"

JFL

 

[BlackPilledNeet]

250k is nothing u moron lol

 

[Intellectual]

The trouble is, to do those jobs you have to live in Consumerville and the real challenge is to not be a consoomer.

I live in Toronto, it's so easy not to buy stuff, just don't waste your money on stupid shit.

FR though... your post sounds like the ideas of a teenaged neetlord who has watched a few money making life hacks on TikTok and has no idea what anything costs. Or do you live in some curryrice shithole where $10 U.S. would feed the entire village on rice and crickets for a week...?

I am an adult and work a full time job, I'm just not shit with money like the people who earn high salaries and still complain

 

[buried_alive]

This seems about right. Having a sum as acting as a backup and giving you money, aside from your own job, is the way. The difficulty is getting to 250k invested with a 30k salary.

Do you rent or buy apartment? What about car?

 

[Intellectual]

This seems about right. Having a sum as acting as a backup and giving you money, aside from your own job, is the way. The difficulty is getting to 250k invested with a 30k salary.

It's hard but do everything you can to make it

Do you rent or buy apartment? What about car?

I rent my Condo and take public transit.

 

[Defetivecuckachu]

I live in Toronto, it's so easy not to buy stuff, just don't waste your money on stupid shit.

I am an adult and work a full time job, I'm just not shit with money like the people who earn high salaries and still complain

Nice one.. I'm in New Zealand, buying a house on a bit of land, paying down the mortgage and riding the capital gains is what most people here do, so I'm doing that. [It's become quite hard to do that in the last 7-8 years, I'm glad I bought in during the GFC when prices were really flat and vendors were desperate to make a sale. ]

 

[Intellectual]

Nice one.. I'm in New Zealand, buying a house on a bit of land, paying down the mortgage and riding the capital gains is what most people here do, so I'm doing that. [It's become quite hard to do that in the last 7-8 years, I'm glad I bought in during the GFC when prices were really flat and vendors were desperate to make a sale. ]

Well that's your issue, I have no plans to ever buy a house or real estate.

 

[Defetivecuckachu]

Well that's your issue

Not sure if autist or just really rude.

I have no plans to ever buy a house or real estate.

Cool, it sounds like you have a plan and are sticking to it, which is the most important thing.

 

[Intellectual]

Not sure if autist or just really rude.

You literally just said "FR though... your post sounds like the ideas of a teenaged neetlord who has watched a few money making life hacks on TikTok and has no idea what anything costs. Or do you live in some curryrice shithole where $10 U.S"

You're rude as fuck.

Cool, it sounds like you have a plan and are sticking to it, which is the most important thing.

 

[NothinButAComedy]

Water is wet post

 

[sexistcel]

Why isn’t this annoying trolling cuck fuck not banned yet?

 

[Intellectual]

Why isn’t this annoying trolling cuck fuck not banned yet?

Why the fuck aren't you banned? You've been shitting up and trolling in all my threads.

 

[Defetivecuckachu]

You literally just said "FR though... your post sounds like the ideas of a teenaged neetlord who has watched a few money making life hacks on TikTok and has no idea what anything costs. Or do you live in some curryrice shithole where $10 U.S"

You're rude as fuck.

Thanks, I try.

 

[novarem]

I live in Toronto

Then you'd know that rent alone for a shoebox appartment is at least 28k CAD a year. That's not "upperclass" by a LONG shot. 250k is nothing in the city.

 

[Bedford Stye]

I calculated that to ensure I had a good life financially, I'd need 250k. At this rate, you can earn 20k in cashflows. That, combined with 30k at a minimum wage job, you could live an upper-class life for the rest of your life via a constant and almost risk-free 50k a year income.

At that point, you're basically an economic Chad. You can go around escortmaxxing because you're not bound by location, you have ascended the job sphere, you are an aristocrat of the modern time.

You can't go wrong putting your money into a house in a white neighborhood

 

[Intellectual]

Then you'd know that rent alone for a shoebox appartment is at least 28k CAD a year.

28k divided by 2 is 14k a year.... if you get a roommate and pick the smaller room you can get that down to 10k a year, that's less than 1000 a month

That's not "upperclass" by a LONG shot. 250k is nothing in the city.

250k is an insane amount anywhere on the planet. I have a disgusting amount of money, I identify as very wealthy, and I have a fraction of 250k.

 

[Intellectual]

You can't go wrong putting your money into a house in a white neighborhood

Yes you can, if white neighbourhoods are desirable, the real estate is already priced accordingly, meaning you'll be buying a higher-priced asset.

 

[AlexAnguish]

What would you invest in to get 20k ... what a year?

 

[AlexAnguish]

Yes you can, if white neighbourhoods are desirable, the real estate is already priced accordingly, meaning you'll be buying a higher-priced asset.

Find a poor white area

 

[AlexAnguish]

Honestly you need 500k to not have to work prob.

Fuck work.

 

[AlexAnguish]

"I'm prob gonna be among the richest incel supreme gentlemen"