he said this in 1998, so today it should be $200,000

>>61784939
or adjusted for money supply growth instead of CPI, then $500,000...

>>61784937
he's right you know

>>61784946
Why would you adjust for money supply growth? The population using dollars has increased

>>61784962
true, CPI is probably still best adjustment

>>61784937
what do I do with it? shove it up my ass?

>>61784962

Dumb nigger, thirdies like you have increased while the west is dwindling

Good goy

https://www.youtube.com/watch?v=p0x6FEDV-ig

seesh

he said this in 1955, so today it should $1 million

>>61785246
nope >>61784939

>>61784939
I'm well past that point and I don't really feel like I've made it. Sure I have a little more security than the average pleb but if I say lost my job I'd still have to find a new one pretty quick or risk eating into my capital. I need a minimum of 600k to cover expenses and still make enough extra to outpace inflation.

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>>61785617
200k is not about making it. it's about getting the snowball going. that was munger's point.

>>61785158
seconding this, unironically.

>>61784937
I’m 35 and have 120k I feel like a total fucking loser

I have a chase sapphire preferred and I always make sure everyone can see it when I pay for stuff

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>>61785775
I'm 28 and i have 200 bucks to my name, I am a winner because im alive and im making it. You ought to reconsider aspects of your life, taking yourself too serious will cause you to stagnate and remove the joy out of your life.

>>61785158
buy KO and then wait 60 years

>>61785775
>I have a chase sapphire preferred and I always make sure everyone can see it when I pay for stuff
Lol, anon you ARE a total loser.

>>61784962
The population has barely increased, and the new people make 90% less than Americans, so it doesn't count

>>61785617
>he caved to life style creep

>>61785775
>chase sapphire
Jesu, it’s an not an Amex Black card and even the people who have those usually aren’t waiving it everywhere. Don’t worry about projecting any kind of special image of yourself unless you’re doing a job interview or something.

>>61784937
nigga, I'm still struggling with the first 10,000$!!!

>>61784939
100k in 1998 was 360oz of gold which is $1.735 million today

>>61785964
That's the point he is trying to make

>>61784946
or if you factor in the amount of inflation we're going to see over the next 5 years, $2,000,000

>>61785817
I like this guy

>>61784946
The most accurate indicator is likely measured in gold as gold is the originator of fiat, even to this day as gold still technically exists on the Federal Reserve balance sheet. But if you were to accurately measure in fiat, measuring the entire dollar supply is still accurate as its world reserve currency status is under threat, meaning all repatriated dollars could come flooding back soon. Population decrease and currency devaluation against other fiat or gold are also factors to consider.

>>61784937
>$100,000
Ok then what ?

>>61786219
Then you enjoy the line going up.

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>>61785775
I was in a similar position, started here two years reading /biz/ one day and opened a schwab account and started investing. Might not be the most amazing but it's something.

>>61786219
line goes up so easily

>>61785983
Oof

>>61785817
this anon has already made it

I have 70k and will be getting another 500k when my grandparents die and I still feel pretty fucked

>>61785983
it's over.

>>61785983
what about 100k in btc back then? fucking answer that you piece of shit

>>61784939
When you account for actual inflation and not the manipulated official numbers, it's likely somewhere between 350-400k

>>61784939
*1 million

>>61785899
youre not accounting for the beaners we import...the us population grows as well

>>61784937
>the first $100,000 is a bitch, but you gotta do it
>the first $1,000,000 is a bitch, but you gotta do it
>the first $10,000,000 is a bitch, but you gotta do it
>the first $100,000,000 is a bitch, but you gotta do it
>the first $1,000,000,000 is a bitch, but you gotta do it

>>61785899
That population is not captured solely inside the USA, USD makes up like 50% of global settlement

>>61785775
I’m 41 and have 90k although I own a home and have ~300k equity

>>61785775
>CSP
>Not even the CSR
>Neither really worth it when the Venture X exists
>All of the above being kinda shitty and losing their cool benefits the past 5 years
>Nobody cares or can tell unless they know about churning
anon, who are we trying to impress here

>>61784937
idk man the fifth 100k still feeling like a bitch