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Author Topic: What age will you have a net worth of one million $  (Read 5296 times)

_bruce_

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Re: What age will you have a net worth of one million $
« Reply #25 on: April 24, 2015, 01:45:44 AM »
30+ and not much money BUT it's gonna happen...
it simply MUST happen!
*pumps out thirty reps*

 :D

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oldtimer1

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Re: What age will you have a net worth of one million $
« Reply #26 on: April 24, 2015, 03:43:05 AM »
I use to make a million cumulatively  every 9 years and never came remotely close to a net worth of a million. Largest inheritance I ever received was under 12 grand. It seems everyone I know in their 50's gets to cash in from the sale of a paid off house from their dead parents. I never had that windfall. Now I'm retired and broke but I will never be without shelter, food and booze.
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Vince G, CSN MFT

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Re: What age will you have a net worth of one million $
« Reply #27 on: April 24, 2015, 04:40:35 AM »
Quote from: Mr Anabolic on April 23, 2015, 08:13:13 PM

Only an idiot would actually believe this.


Jay has a ton of real estate.  He already was loaded before he ever started competing
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oldtimer1

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Re: What age will you have a net worth of one million $
« Reply #28 on: April 24, 2015, 06:37:53 AM »
What's Jay's house value?  If it's under 500k mortgage free I would bet his net worth isn't a million.
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MORTALCOIL

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Re: What age will you have a net worth of one million $
« Reply #29 on: April 24, 2015, 06:51:19 AM »
Having a net worth of a mill when living in Paris and working in real estate was pretty easy during the years 2001 to 2010. I was making very decent money but I never saved a penny. On the other hand, I bought a good number of properties, rented them out and paid of my mortgages. Wasn't that hard back then. Now, a whole different thing. I was probably in the 1mill range when I was about 28.
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LittleJ

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Re: What age will you have a net worth of one million $
« Reply #30 on: April 24, 2015, 07:09:23 AM »
We should ask Jay. He had like 2 post on here. Come on out Jay
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El Diablo Blanco

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Re: What age will you have a net worth of one million $
« Reply #31 on: April 24, 2015, 07:10:55 AM »
I had $3.8 million in stock when I was 28 and lost it all.  End up cashing out about $120K at the end.  Greed fucked me over.
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Coach is Back!

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Re: What age will you have a net worth of one million $
« Reply #32 on: April 24, 2015, 07:33:45 AM »
About 56-57 for me. Plus I'm the executor and beneficiary of two irrevocable trusts. Even then I would never retire.
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El Diablo Blanco

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Re: What age will you have a net worth of one million $
« Reply #33 on: April 24, 2015, 07:43:03 AM »
I had a friend in high school who was pretty poor.  Upper poor class.  His granddad had original shares in numerous NYSE companies from the 40's and 50's.  Original stock certs in the thousands.  probably first year in college his granddad died and left him all of it. he netted something like $100+ million when his granddad died.  I don't even think his GP knew the value.  probably just bought it all when young and held on to the shares living a normal life.
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Teutonic Knight

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Re: What age will you have a net worth of one million $
« Reply #34 on: April 24, 2015, 06:20:32 PM »
Relocate to Putins fuck up country with $ 200 000 & U'll be Rubles rich  ;D ;D ;D
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gmflex

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Re: What age will you have a net worth of one million $
« Reply #35 on: April 24, 2015, 06:25:08 PM »
By 55 I should get to 1 million net worth..
Goal is to retire at 55..
I ain't leaving shit..
I'm spending it all.. :D
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forillagorilla

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Re: What age will you have a net worth of one million $
« Reply #36 on: April 24, 2015, 07:29:36 PM »
Quote from: SF1900 on April 23, 2015, 06:16:48 PM
30 million? I find that hard to believe.

You think a net worth of 30 million is hard to believe??? How much do you think is believable??  Do you know how many "average" businessmen are worth 5-10 million????
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Irongrip400

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Re: What age will you have a net worth of one million $
« Reply #37 on: April 24, 2015, 07:40:09 PM »
Hey guys. What's going on here....?
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benchmstr

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Re: What age will you have a net worth of one million $
« Reply #38 on: April 24, 2015, 07:46:45 PM »
I'm guessing when i was about 25...all thanks to my mom though...i did the start-up money...but she made all the real money for me through real estate..

bench
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Mr. MB

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Re: What age will you have a net worth of one million $
« Reply #39 on: April 24, 2015, 08:35:45 PM »
One million aint shit these days. Average modest home in So Calif is about $400,000. Car furnishings savings we will call $100,000. $500,000 invested (will NOT keep up in the world economy) in your 401K will only bring you about $3000 after taxes for ten years. Chit income 30 years from now.  Most of you in here are about 35. Inflation and dollar devaluation will make one mill paltry by the time you retire.
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