Mfw a million USD isn't even a lot of money anymore

>mfw a million USD isn't even a lot of money anymore
even when we get there it won't be impressive

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grow the million

million is enough to start investing and making real money, it's all you need to get started

>Million is enough

This. A small loan of 1 million dollars will get you so far. My uncle has Hotels and Casinos around the world now and that's how he got his start. Dream big user.

This. You can more than double that million every 5 years just dumping it into NYSE:VUG.
Crypto is an emerging market, and will see a way faster growth in this decade.

All u roody poos should shut up

I'm 37 and became a millionaire this year. I know I'm well off, but I don't feel rich.

yeah if you're a useless NEET sure
I already started a business with fuck all money, with $1m I can genenrate probably $10-20k a month, and that's passive income.
People who say you need more are just greedy or want to do NOTHING with their lives.
I don't want to settle on 1mil but if my crypto gets there I'm getting the fuck out (aside from at least 2.1 btc of course, never selling. fuck kikes)

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How is your uncle Don these days?

How do you generate that much passively? Rental income?

>Over 5% of Americans are millionaires
A million is nothing anymore, but at least you can start making a good amount of money on your investments. 10% a year feels a lot better when you have a million compared to like $10k

yes, vehicles and car parks

kek

don't worry cause he doesn't do it, has no money, and is only speculating...

It was never impressive, having a disposable $1million is. There are a lot of working class people worth at least $1m

Why is everyone who says this shit some cuck making 30k a year. Motherfucker it would take you 20 years to even save half a million so stfu about 1 mill not being enough. For a normie it’s a huge amount.

How are you generating $10k/month? That's a 12% APY. You can get that or better some years, but I wouldn't bet on it. I always assume a 5-8% APY on stable passive investments. 5% of 1MM is only $50k before taxes and health insurance

A million is 2 houses in california. Its really nothing materially speaking

I have a million and it's bretty cool.

if you want to be a coomsumerist faggot then yes, you will need more.

I have $57k in crypto. How do I turn it into a million?

Need at least 2-2.5 million if you want to hardcore consume. Even then you probably want 3 or more so you don't have to watch every financial move but still will always have enough. At least if you're not retarded in your spending.

>There are a lot of working class people worth at least $1m

Lol horseshit. A 1 million net worth puts you in the top 1% globally and the top 3% in the US. America also has the most millionaires in the world, so that's saying something. The perspective on this site is so skewed. You don't know the meaning of "working class," pal. Hint: there's no such thing as a "working class millionaire." It's an oxymoron.

If you can't live the life you want to live off $1 million USD -- 40k a year *baseline* income, doing absolutely nothing -- you're either a total retard or your desires are absurdly overinflated. You have to know when enough is enough, or you will live your entire life in service of mammon. If you run breathlessly on the hedonic treadmill the carrot will remain forever out of reach.

the fact that you think I'm larping is really telling.
NGMI
I'm not generating 10k, but with 1mil I could easy. short term rentals on vehicles and owning car parks near the city center.
Just to give an example one of my vans cost me $10k up front it generates about $400 in cash in the hand per month. you can do the math, if I could scale I would be killing it.

Net worth is a culmination of assets you dumb nigger licking nipple fucker. That doesn’t mean they need to have $1 million usd in the bank. NET worth includes property and liquidity. A house, a car, a business, stocks, 401k ,etc.
>le Reddit spacing
>the perspective on THIS site
You do understand that working class just means you have to work for a living? You can’t comfortably quit your job when you have $1 million usd unless you lower you quality of life and standards. If you had a career from age 22 and worked up to a senior position over the course of 10 years making 50k~70k and made smart investments you’ll be a millionaire but you can’t quit your job you don’t have your youth to enjoy your money. It’s not enough

>a million dollars is nothing
>meanwhile you have a net worth of sub 100k

He thinks net worth and a 1m in the bank are the same thing.

its the price of 1 townhouse in prime location L.A.

Yes, net worth. Did I ever say anything otherwise, sweetie? That puts you in the top 3% of America. Learn to read.

>muh Reddit spacing

Confirmed for buzzword spaz. No, that is not what working class means; there is an obvious distinction between an auto mechanic and a white-collar middle manager. "Working class" usually implies blue-collar, making median income or less. An investment banker is not "working class" because he "has" to work; "needing" to work is totally subjective. And yes, if you have a million dollars and still feel you need to work, you are retarded. You don't have to do shit -- you've just bought into the consumerist spook and live an inflated lifestyle. If patronizing fine dining establishments two times a week, owning a shiny new 40k truck, and possessing an 800k house outside a major city are integral to your quality of life, by all means keep slaving for your shekels. So long as you realize that you don't actually need those things -- you've just fooled yourself into thinking you'll be miserable if you don't have them.

I thought no one here wanted to live in California? There are a million and one cheaper places in the US. Why would you try to live in the most expensive area possible?

$1m gives you passive income higher than the median personal income. You can easily quit your job and live better than most Americans.

Luckily I've never been impressed by money and I do not seek to impress anyone with money.

>it's all you need to get started
thats the point op is making. at one million dollars...youve only "started"

isn't that a recipe for disaster?
i've seen the heavy usage private industrial vehicles get put through
in that setting everyone is properly insured, trained and there's less niggers
on a consumer car? repairing your shit has to be crazy

>but I don't feel rich.
because you arent stupid fuck

before 1970 a million gets you 25k ounces of gold

the same amount today is around 45 million usd

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>If you can't live the life you want to live off $1 million USD -- 40k a year *baseline* income, doing absolutely nothing -- you're either a total retard or your desires are absurdly overinflated
what is it with all of the boomer minimalists on this board?

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2 houses? a million in San Francisco is half a house

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Million to me might as well be a trillion kek

eejit

Yes, it is.
Take a good portion (50-60%) of that and spread across some decent alts - ALGO, FLETA, OM, SAND, SYLO, XTZ - that should set you in good stead for a few years, especially with the staking capabilities of most of these.

With the remaining, buy real estate and weed stocks.

40k is above average