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Who here is wealthy?

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  • 2011GT
    replied
    PM pattymelt

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  • 8mpg
    replied
    Im guessing there is only 1 or 2 here. Cele3 if he ever posts did well for himself.

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  • Cobra86
    replied
    Yes, could ditch the 9to5 but still enjoy being in the game. General advice is to spend less money than you make, buy a rental property every year or two and get someone else (renter) to pay for your appreciating asset. Kind of a drag uncloging toilets and dealing with general tenant issues but in the long run you can build some $$.

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  • svauto-erotic855
    replied
    It depends on how you define being wealthy. I have paid for properties that generate income but I'd go stark raving mad without my day job.

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  • AdRock
    replied
    Originally posted by whitetrash View Post
    same here. ill work till the day i die. not because i have to but because i cant stand the thought of being with the old lady all day everyday
    That's why you work until you have enough for a hobby you love that the wife wants nothing to do with. LOL

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  • whitetrash
    replied
    Originally posted by YALE View Post
    I am pretty sure I'll always be working on getting a little further ahead than I am. Even if I had enough to just live off passive income, I'd still want to work a steady hustle. Not necessarily a square job, but I wouldn't rule out having one even if I didn't have to. I just love working.
    same here. ill work till the day i die. not because i have to but because i cant stand the thought of being with the old lady all day everyday

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  • fordracing19
    replied
    Hey, if my guys get past this week with me on vacation I might not go back. Riu Palace in Mexico is pretty nice.

    Sent from my SAMSUNG-SM-N900A using Tapatalk

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  • scootro
    replied
    micheal jordan is rich the guy that wrote his paychecks is wealthy!

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  • YALE
    replied
    I am pretty sure I'll always be working on getting a little further ahead than I am. Even if I had enough to just live off passive income, I'd still want to work a steady hustle. Not necessarily a square job, but I wouldn't rule out having one even if I didn't have to. I just love working.

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  • Forever_frost
    replied
    Originally posted by Mach1 View Post
    I'm referring to those who have limited liabilities and an abundance of profit generating assets.

    Who makes enough on investments(assets) to live without a 9-5.

    I would like to hear the stories for those who have escaped out of the rat race, what did you invest in, stocks, businesses, real estate, etc. Care to share your story? I, like the high majority of Americans, have been putting too much money in the liability column and I would like to shift it to the asset column.
    I haven't been employed since 04

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  • trblshooter
    replied
    Those who exit the rat race, by going from a little to a lot, have either won the lotto or started a successful business that runs well on its own.

    Also, true wealth is subjective. Being debt free, a happy home life and having a little change in your pocket for an ice cream cone is wealthy to many people.

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  • jakesford
    replied
    Originally posted by Sleeper View Post
    Its to the point where a stay at home parent will be back imho. Unless there is a way to write it off.

    I dont have kids so i dont know wtf you guys go through. I just see dollar signs flying.
    I've made it this far without a kiddo... I gotta get a vasectomy done asap

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  • The King
    replied
    I have no cowskin rug so I am not wealthy.

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  • mstng86
    replied
    Originally posted by Sleeper View Post
    Its to the point where a stay at home parent will be back imho. Unless there is a way to write it off.

    I dont have kids so i dont know wtf you guys go through. I just see dollar signs flying.
    we did that for the last 2 years to curb the daycare costs. Now, she works pt at home at night. It helps out a lot.

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  • lincolnboy
    replied
    Originally posted by BradM View Post
    I'm pretty sure lincolnboy is.


    I think you beat me by .75 mill.

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