Man takes his $12/hr job and invests. His new networth is over $500,000.

[Sonic Boom of the South]

What ever you say Warren Buffet. :suredude:

Im so dumb yet you are going back and forth with me. :camron:...what does that make you...

Just ignore me...or put me on ignore, financial genius. I think you just like to argue...that's feminine breh. :ill:

so in other words



u admit you don't know shyt

 

[WheresWallace]

Nah, breh.
Man, in a thread about a dude who never made more than $12/hour and never made more than $20k in a year ... you make a concrete statement, "taking out loans is for suckers" with later revisions only after being pressed.

I made cliff notes to a video...of course it will not be detailed. I would understand if you asked me to expound and I said it was simply black and white then I wouldn't argue. But when I expounded Geoffrey was still acting butt hurt...obviously nothing in life is that black and white. Anyway, I will tell you like I told Geoffrey...

Just ignore me, put me on ignore if you are really that offended...:suredude:

I still stand by what I said.

 

[WheresWallace]

so in other words



u admit you don't know shyt

nope...:suredude: I admit that you like to argue for the sake of arguing. :suredude:

 

[Suicide King]

nope...:suredude: I admit that you like to argue for the sake of arguing. :suredude:

Dudes are slaves to their ego. That's why they argue for the sake of arguing.

We could share info, but dudes rather try to come at you side ways. Most of the time Its because of past grudges or their inferiority complex.

That's why I had to back those clowns down, because I felt it was more important to share knowledge.

Good post, we need to build with each other.

 

[WheresWallace]

Dudes are slaves to their ego. That's why they argue for the sake of arguing.

We could share info, but dudes rather try to come at you side ways. Most of the time Its because of past grudges or their inferiority complex.

That's why I had to back those clowns down, because I felt it was more important to share knowledge.

Good post, we need to build with each other.

Props breh. I respect that.

 

[JLova]

My cell bill is $90 a month

 

[Suicide King]

You know what's even more crazy, some of these dudes have parents in here who won't leave them nothing.

If Earl keep investing the money.

Rule of 72 tells you how often money doubles based on interest rate.

72/6% = 12 years for 500k to become $1million.

 

[TheBigBopper]

If you wanna 4x your money this week invest in UTRM and ICBU....your welcome

Heh penny stocks--those things are extremely risky. Most of them are pump and dump schemes and you can never find good information on the companies because they're only minimally regulated by the SEC.

 

[Stealth]

Not a unique story for people who are not materialistic and money wise.

People throw 5k a year on nonsense. Think about it.

Look how much people spend on 1)internet ($60/month vs. $20/month), 2)cell phone ($140/month vs. $50/month), 3)cable tv ($75/month vs. $0/month), 4)entertainment, 5)unnecessary commutes meaning more gas cost, 6)eating out/fast food, etc...

Saving on internet, cell phone, and cable will save $2k/year alone.

Invest 5k x 20 years = 100,000 total investment & with 7% interest it becomes $205k or 9% interest it becomes $255k after 20 years.

After 35 years it becomes $700k at 7% interest or 9% interest it becomes $1.1 million.

If you are 24 years old, you would be a millionaire before you are 60 years.

at how many people liked this shyt. First of all who tf is paying 60 bucks for internet? Who tf is paying 140 for a single line? A LOT of people still watch TV, just bc people on the internet don't doesnt mean its like that everywhere. Besides your not gonna get that same quality from illegal streams

 

[duckbutta]

How many GTX 780's he got though?

 

[DrX]

i dont see whats so smart, he missed out on may great experiences just being a wage slave his who life...now hes old and near the end.....his grandkids will probably just blow it on dumb shyt anyway


if i was him, i wouldve started using some of it and invest in my own business.....

 

[5010]

Thread is atypical of why black people can never band together and prosper.

We could easily be saluting this man and the wisdom he's sharing. Instead, as usual, detractors come in to discredit him and call him a fluke.

We could easily be in here networking and we choose to argue with each other over trivial shyt.

When will we learn?

 

[DrX]

Thread is atypical of why black people can never band together and prosper.

We could easily be saluting this man and the wisdom he's sharing. Instead, as usual, detractors come in to discredit him and call him a fluke.

We could easily be in here networking and we choose to argue with each other over trivial shyt.

When will we learn?

..because hes black....we cant have an opinion?


im not trying to wasted years of my life working for 12 an hr for my life and not enjoying atleast some of my hard eran money.....Im a great savor....i got a huge nest egg but i use it to invest in other areas that can create a money stream

 

[Suicide King]

Thread is atypical of why black people can never band together and prosper.

We could easily be saluting this man and the wisdom he's sharing. Instead, as usual, detractors come in to discredit him and call him a fluke.

We could easily be in here networking and we choose to argue with each other over trivial shyt.

When will we learn?

I remember the first time I learned about the stock market and investing, the only thing they said to me, "you need to make your money work for you by investing."

Now its like you gotta fight with dudes to convince them investing is good. My, how things have changed.

There is too much at stake for us to let the message get lost in all the arguments.

We could at least agree you can have a multi-billion dollar business AND invest, too.

These Coli millionaires feel it should only be about starting a business, but every smart business men knows you need to diversify by owning stocks and real estate.

Also, why not invest while you on the road to starting a lucrative business. You can do both.

..because hes black....we cant have an opinion?


im not trying to wasted years of my life working for 12 an hr for my life and not enjoying atleast some of my hard eran money.....Im a great savor....i got a huge nest egg but i use it to invest in other areas that can create a money stream

Everything has a beginning, a middle, and an end. This thread is for people who are starting out. Anyone who is trying to start out has a lot to gain from this information, after that they can go in any direction they want.

 

[mson]

..because hes black....we cant have an opinion?


im not trying to wasted years of my life working for 12 an hr for my life and not enjoying atleast some of my hard eran money.....Im a great savor....i got a huge nest egg but i use it to invest in other areas that can create a money stream

How much you holding player?