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/biz/ - Business & Finance

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50905064 No.50905064 [Reply] [Original]

Does it really get easier to make money once you have 100,000? Is this just one of those things that rich people say?

>> No.50905082

I trade with 6 figures, its easy to make a lot of money quickly, but its also easy to lose a lot of money quickly

>> No.50905106

>>50905064
I dunno about that but 10 years ago I put 250k into various dividend stocks and I get about the same amount of money from that quarterly as I do from my actual job so that has made it pretty easy. I expect the dividend income to shrink in the near term for obvious reasons but markets have cycles etc.

>> No.50905120

>>50905064
been in six figure hell for some years now. it doesn't get easier for me, I just hope to exit for 7 figures next run.

>> No.50905152

>>50905106
What's the value of them now, and the average yield %?

>> No.50905166

>>50905120
Im in 4 figure hell. Shits completely fucked. At this rate I will only enter 5 figure hell by next year as the salary comes in. Should I put it all into crypto and hope I enter 6 figure hell before I die from old age?

>> No.50905240
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50905240

>>50905064
it gets exponentially harder
it's called six figure hell for a reason
just enough money to be afraid to lose it (and fall back into 5 figure void), but not nearly enough to really make it

>> No.50905248
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50905248

>>50905064
Yeah, $100K is where you start to make more money from capital than by working

$10k-$100K is literally hell, because it takes too long to make that kind of money working, and its too little capital for it to grow quickly