Most people arent sniffing 100k in liquid assets till they 40s or you got some in demand high paying gig.
shyt if u have more than 1k on hand u literally doing better than a majority of americans. Its shocking how bad folks are wit money.
Boiler Room: The Official Stock Market Discussion
Most people arent sniffing 100k in liquid assets till they 40s or you got some in demand high paying gig.
shyt if u have more than 1k on hand u literally doing better than a majority of americans. Its shocking how bad folks are wit money.
Lol they make it seem so easy
Is that 100k in net worth or cash on hand
That would change things a lil bit I suppose. I assumed net worth
Alot of people have said it's harder to reach 100k than 1 million. Only because all it takes is one trade when you're starting out to completely wipe you out and you start over again. Where with 100k you have more capital to make it up despite needing 900k to reach a million
not disagreeing in the least...no one is saying/implying it is easy tho...the quote starts off with dude literally saying it’s “a bytch” to do so
As you build to $100K it's mostly you doing the heavy lifting. Once you've acquired $100K your assets take some of that weight off you. I didn't reach $100K in net worth until about age 34-35. Not having a house to fall back on didn't help. Now my net worth is pretty close to $200K and I'm 37. I find it to be climbing at a staggering rate now. Within 2-3 years I added almost another $100K to my net worth.Shouldn't it be the first 1mil?
100k is all about changing the lifestyle. But 1mil is all about having a very good financial situation and investing in a good stock.
Most people if you don't include their home in their net worth it's next to nothing.
ogc163
Superstar
That's a tall order. 300% of the entire industry today in 4 years. That means we're either looking at a massive expansion in the industry or Tesla is massively going to expand beyond it. Within 4 years EVs are unlikely to be the majority of cars sold.
I believe it fukk it more TSLA I need 40 shares by the end of the year
I love Tesla more then anybody else but that comment is just absurd
i mean I’m not going to bet against it. I figure somewhere between the bearish and middle will be where it lands and I think that was over $1700 a share...the insurance, energy, autonomous, and different Vehicle types I can see it beasting.
but kind of makes me curious what people think NIO, CCIV, and VW can get to.
i guess you are right if you put it that way. but from my experience those who have 100k almost never get to 1mil because they don't invest. they are happy with what they have and just don't care about investing.
from investing perspective i always thought it's easier to get 100k because you can risk more. but after certain point you become too diversified and be more defensive.
Saysumthinfunnymike
VOTE!!!
those PTs for Tesla had me laughing ... not that i don't believe they are possible but there would have to be quite the extension on this overall bull run