How much money would it take to meaningfully change your life?

[Rozay Oro]

Many bands

 

[King]

If I had $50k, tax free, right now, I could definitely make some moves that would elevate me several levels above where I am now by the end of 2022.

Do tell

 

[Lv99 Slacker]

How so?

Do tell

Crypto mining and staking. I was a bit off in thinking I'd only need $50,000. More like $63,000, give a take a few thousand.

Helium mining: Estimated investment needed: $9200 for x20 hotspots @ $460 a piece. Minimum expected annual return: $108,000 (if the price of Helium is at $15...I expect it to increase beyond $15).

MXC mining: Estimated investment needed: $31,000 for x10 M2Pro miners. Minimum expected annual return: $36,000.

Ravencoin mining (x48 Radeon 580 8GB): Estimated investment needed: $22,080. Minimum expected annual return: $27,720 (higher if I still have time to mine ethereum).

I'd go from making about $40k a year to almost $172k. Most of my crypto wouldn't be sitting idle either. I'd likely stake a significant portion of them.

This is all would be mostly passive income.

 

[AQz]

Man if I just got 100k tax free

What would you do with it

 

[Elim Garak]

What would you do with it

I wouldn't do anything crazy I would just put it in some low risk investment. Probably index funds buy some stock shyt like that. I would still continue working. Probably up my 401k match also.

 

[SuavePrince]

10 million

Yeah that’s it

 

[Mike809]

About 600k. Just enough to buy 3 apartments and put them to rent.

 

[DJ Paul's Arm]

Crypto mining and staking. I was a bit off in thinking I'd only need $50,000. More like $63,000, give a take a few thousand.

Helium mining: Estimated investment needed: $9200 for x20 hotspots @ $460 a piece. Minimum expected annual return: $108,000 (if the price of Helium is at $15...I expect it to increase beyond $15).

MXC mining: Estimated investment needed: $31,000 for x10 M2Pro miners. Minimum expected annual return: $36,000.

Ravencoin mining (x48 Radeon 580 8GB): Estimated investment needed: $22,080. Minimum expected annual return: $27,720 (higher if I still have time to mine ethereum).

I'd go from making about $40k a year to almost $172k. Most of my crypto wouldn't be sitting idle either. I'd likely stake a significant portion of them.

This is all would be mostly passive income.

bruh, how do you get into crypto? Point us in the right direction.

 

[MikelArteta]

honestly just 50,000

but since this is the coli 3 million

 

[buzzkill]

100-200k and grind for the rest

pay off all my debt, buy a crib, and have FU money left over when i get tired of my job and be able to chill until i find a new one plus i can trade options and invest like i really want to

 

[⠀⠀⠀]

5 million after taxes

 

[Blankthawtz]

$50,0000


but we could settle out of court right now for $20

 

[UberEatsDriver]

I think about 200k would do it for me. Pay off all my debts and put a nice down payment on a house

Anything less than that wouldn’t change much in the long term. Debt is a motherfukker

My goal is to reach a salary of 500K annually

 

[Atlrocafella]

A cool $50K right now would set me off.

 

[Ghpstface]

My goal is to reach a salary of 500K annually

Gonna have to be President/CEO of something