who /wealthy/ here?
what's your story
>>24992074
I got ~160k Euro invested in stocks/my apartment/savings at 24. Short story:
>turn 18
>~Mom gives me 50k euro
>Dont wanna spend any money on fun bc i feel like its not my money (turned out to be a good idea)
>I buy apartment and index fund
>Apartment increase a lot in value
>stocks increase
>sell apartment for $80k profit
>buy new nice apartment and is about to move into it with my gf
Im lucky that my mom gave me that sum
>>24992074
>dad gives me small loan of a million dollars
>run a shitty real estate business
>go bankrupt several times
>run for president and pretend I'm a man of the people
>>24992589
trump please go
>>24992173
>160k
Less than 3-5 mil net worth isn't rich though
>>24993177
I agree 160k isn't wealthy but how in 1-2 mil not?
>>24993177
Well when youre 24 at uni i guess its ok, also when i get my inheritance ill be at the 3M mark
>>24993265
>1-2 mil
Cuz there is no way that will last 20+ years.
So you'll have to work again.
>>24993366
>1-2 mill wont last for 2 years
You are a fucking usless netkek. 1-2M will make an average of 5-6% after inflation.
So 1.5M dollars will make you: ~82.5k after tax thats min. 61.2k
So you cant live of that each year? + this is WITHOUT spending any of the original 1.5M
>>24992173
>50k euros
>bought apartment
wot
>>24993633
Probably with a mortgage