I want to invest about 500$
any suggestions what will go very high?
Thanks
Not on $500
Well if you consider rich never have to work again, that's $10m plus probably 25m
You know how much you need in the end to die with dignity in assisted living today?
You can live cheap at real poverty line in USA at 60k year with minor dignity.
Studio apts go for 1200 to 2400 month now.
So to really qualify to just rent a studio you need 400% times 1200 or 2400 a month in income. That's 4800 to 9600 month depending on city you in.
Studios used to be $400 not long ago I remember them at $80 bucks in mid 70's. My homes since 1980 at 20 were all 2500 to 5000 feet not 500 SQ foot studios. I lived rich my whole adult life, it took 5 million for 35 years,starting before PCs existed. I started my first tech company and made $500k in 1970's money. You could buy a home for 5k then or 10k to 25k for a nice one.
So housing should be 25% of income a year.
Rest goes to food, utilities cheap car with repairs gas and insurance.
So you're rich you can live near poverty at 4k month
If you are 25 and exit with 1.5 million you pay 300k taxes and you got 1.2 mil
50k year to live in poverty with no inflation yeah right, you are flat broke 24 years at 49 and homeless.
Oh you're gonna invest you say, so now you are an investor, so you work and investors lose money all the time.
So if you 25 you need 2.5mil to live in poverty a cheap tiny studio eating crap food old car for 48 years.
Then you're 73, you didn't work long enough to qualify for social security.
So you broke and now you got 10-20 years living in assisted living the most costly housing you will have in your life.
So let's say you got 5mil at 25, you live near poverty 50 years spend 2.5mil then you have extra 2.5 mil to spend 125k year assisted living.
So now you die wearing a depend all alone in a nursing home since you thought you were rich and lived cheap didn't work never got married so no kids to wipe your ass in old age or help with senior bills.
So if you 25 and think you're rich and never want to work again just eat junk food on your coach watching REALity TV like the Kardashian pigs, you need 5 mil to live near poverty line.
But you were rich you made 3.5mil by 25 exited before everyone realized all crypto is bullshit, Bitcoin never scaled, the few companies with small niche uses crashed from billion+ caps to less than 50 million a company value.
So if you are 25 I honestly think it will take 50 million to live 70 years with a lifestyle and dignity your whole life and never work.
Now if you had worked 50 years making 50k to 100k then you might have a gov program where the have robots wiping the asses of seniors at least and a food stamp program to feed you gruel.
Rich don't have to work and can pass that benefit through a few generations at least.
1 Billion is rich.
Not many legit billionaires around.
Try to exit from a crypto exchange, you can't.
So crypto is a trap. You can't make a fast million or two and exit.
Just look at the limits at your exchange.
You all been conned.
Get a job and work like the slave you were born to be.
Oh, I worked my whole life forming tech company after tech company, did a ton of work with crypto algorithms, most of my companies created niche solutions for rich industries like medical, legal and auto as well as real estate and finance.
80's I dumped millions into land, 1995 I bought thousands of industry keywords .com.
2012 I looked at Bitcoin funniest thing I ever saw.
Satoshi Nakamoto I speak Japanese it can loosely be written to mean The Center of Intelligence or CIA, oh the crypto it used pure NSA or the Neal Koblitz curves the keys released thru NiST, all backdoored.
Funny it is
A public ledger using toy computers to track a small number of coins forever with fake anonymity.
It was targeted to bad people drug dealers and terrorists now you got every moron with tech billions that know crap about real crypto saying it's going to one million.
Too funny the whole thing.
Gates you do know he was a crap coder and STOLE MSDOS, he's a rich thief.
McAfee he's just nuts not a low level coder.
Cuban never wrote one line of code a moron who sold tech then backed someone else's code.
Bezos he's a beard for NSA the AWS platform was built for nsa the whole zon scam is a front to funnel all that money to NSA projects. Bezos is a clown, he sold closeout books and never wrote code.
So there's the truth from a billionaire with 40+ years of tech and who created tons of code and used real crypto for 40+ years.
The only thing real in crypto today is XRP or Ripple.
Now watch BTC and the rest drop like bricks from a 100 story building, when it hits the ground it turns into powder.
Bitcoin
Hahaha
Funniest scam I ever saw, a NSA trap to track dirty money.
Now go get a job you wage slaves.
