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/biz/ - Business & Finance

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51377673 No.51377673 [Reply] [Original]

if i work hard i will own a house one day right?

>> No.51377685

>>51377673
there are a lot of cheap houses in Detroit, anon.

>> No.51377822

>>51377673
I have a house but am not satisfied with life because i still have to wage every day, the hamster wheel never stops anon

>> No.51377836

>>51377673
Get property and build your own house, my dad built my family 3 houses growing up and sold them all for profit

>> No.51377925

>>51377836
OP couldn't build a fucking lego set

>> No.51377937

>>51377673
If you live in a Disney movie yes

>> No.51377941

>>51377822
It stops when desire outside of necessity stops.

>> No.51377944
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51377944

>>51377673
>if i work hard i will own a house one day right?

Yeah sure man.. BHAHAHHAHAHAHAHHAHAHA

>> No.51377989
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51377989

>>51377673
You vill live in ze mobile pod.

>> No.51378005

>>51377673
Daily reminder that 700K in an index fund makes more than the average wage.

The game is rigged against you

>> No.51378032

>>51378005
Wow what a blatant lie. You would need to take extreme risk in getting by with only 700k. And plus imagine actually liking hand outs. I’m sorry but I like working for my money and feeling a sense of accomplishment. Hand outs even from investments is cringe.

>> No.51378059

>>51378032
Wrong, you can get 10-12% with risk.

I am assuming 8% return, which is risk-free. See Ray Dalio's AWP

High risk portfolio would yield far more than average wage with 700k capital

>> No.51378078
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51378078

>>51377673
>he doesn't know

>> No.51378161

>>51378032
I used to think like this until my dividends exceeded my income, then I realized I am getting cucked.

>I’m sorry but I like working for my money

Actually, as an investor, you are working for MY money :^)

>> No.51378739

>>51378161
oh, how much do you get annually?
like 10%

>> No.51378757

>>51378161
>>51378739
nvm just read your other post kek

>> No.51378873

>>51377673
if owning a house is your lifegoal it's a very easy one, once you sacrifice and you're not an idiot.

>> No.51378923

>>51377673

I clap hippie chicks on shaggy carpeted minivans for free anon.

>> No.51379020

>>51378005
What mix of index funds gives you an average wage with 700k? Spy is 1.5 percent yield. Do you mean after 10 years or something of dividend growth? Or are you using vxus/vnqi type indexs?