Discuss

For me, 3 is the hardest by far. 1 you can do with any job you actually try for. My bonus this year is over $100k. $100k to $1 million I made with a few good investing decisions over the course of 2 years. $1 million to $10 million is taking me 4+ years at this point and is by far the most challenging.

For anyone who disagrees, you can sell your time for about $100k, and you can sell your time and be smart for about $1 million. Really you can. But from $1 million to $10 million you can't sell your time anymore.

Yeah but you have money to invest

You cannot find an investment that makes more than 8-12% per year unless you have a serious edge or are smart. Bitcoin was great but as a general rule it's hard to do that. That's why $1 million to $10 million is easily the hardest.

If you actually pull 20% per year out you will quickly destroy your account within 1-2 years. Your strategy only works if you leave your investment alone for a very long time and never touch it. With a more conservative estimate, say 3-4%, you can actually withdraw with a wider safety net, and that's not accounting for inflation.

The truth is you need to expect about 3% inflation indefinitely, and also a 3-4% safe withdrawal rate. What does that leave you with? 1%. You need $10 million invested to withdraw and live off of $100k per year comfortably. I don't make the rules.

ah yes that will certainly go up 20% a year for eternity you dumb nigger

100% this. Anyone that denies this is an idiot. And I'm sure that 10M to 100M is even harder.
t. hovering around low 7 figs since December 2017

that's true if you're an ameriburger, but most of the world can't reach these levels of time=money without years of wagecucking
likewise ameriburgers tend to underestimate the level of access they get simply by virtue of being ameriburger
i found getting from $1m to $10m much easier than $100k to $1m. at ~$300k (halfway point in log) you're still stuck in your local circumstances, at ~$3m you can travel anywhere and get into anything (within reason)
likewise $100k to $1m was easier than $1k to $100k, coming from a place with zero opportunity

1 is the least likely and takes the longest, especially if its your first time. also its the biggest percent difference
2 is mentally fucked but if you got to 100k youre probably smart enough to just deal with it
3 sounds hard because thatd be a lot of liquidity to hunt out, a lot harder to get that out of lowcaps or something

2 is the easiest, 1 is probably hardest

4.) 10.00 - 1000.00

I've been stuck in 7 figures purgatory for years. So for me I'd say 1M to 10M.

you could do number 1 from age 18 to 25 by working at something like McDonalds and living like a monk
problem is kids that young don't have that discipline
I didn't. wish I did

1 and 2 can be achieved by merely working and saving
3 usually requires you to be at the top of your profession and/or get lucky (like I did)

3 is the hardest

1k to 100k was easy as fuck and did it in a couple of years. 100k to 1m is a bitch and I'm only at $300k.

why is $1 to $100 missing?

100K to 1 million is easy if you hit a bull run. Alot of stocks and shitcoins 10x after Covid. If you didnt make a fuck load of money between 2020 and 2021 then you are a dumbass. If you didn't make money between 2023 and september 2024 than you are a bigger dumbass. All you had to do was buy LEAP calls on SPY or NVIDIA and you would be rich

no 100m to 1B

100k to 1m was piss easy compared to 1k to 100k but thats more due to the market being bullish at the time. I'm currently at around 1.5m and 1m to 10m seems a pipe dream desu

It's very easy to look back and see what the smart moves were. Let's see you predict the smart moves for 2025

You can also achieve it by holding major coins like SUI or solid altcoins on the Sui blockchain. That’s my hint.

Im really hard right now for nuclear energy stock. Look at Vistra Corp. (VST)

I also like CurtissWright Corp.

Maybe GE VERONA is next for me.

100k to 1m
1k to 100k is the easiest unless you come from a really fucked up family background
You can literally save up 100k in 3 years of waging if your parents let you live with them

How is 1m to 10m supposed to be so much harder than 100k to 1m?
I went from 200k to 600k with bitcoin alone in the past two years, what would stop me from going from 2m to 6m if I had that money 2 years ago

Also selling your time for 1m or even half that is unbelievably unlikely, just look at how much the median american makes. 500k alone yearly is like top 0.1% and all of these people are 5plus or famous

I'm here to help. Living like a monk helps but its necessity is a common misconception. What's your salary? Do you have any savings goals? Does your workplace offer a retirement plan of any kind?

1k to 100k

That's 100x

100k to 1m

That's 10x.

1M to 10M

That's 10x.

A is the hardest because it's the biggest gain and you have the smallest liquidity.

Selling your time means getting a job and a salary. You can wage and get to $1 million if you have enough discipline and focus on delayed gratification

Yeah but if you arent an ameriburger you dont really need 10M USD to have a great quality of life, so the end goal for someone living in a place like Romania can just be 2-3 mill USD

this

I know what you meant by selling your time, im just saying it's delusional to think you can get to 1mill through just waging unless you're gonna do it for decades

Except that you can get to 20k and make it just a 5x by simply working any low skilled job for half a year

You get that in literally a day of working any job

You can easily do it in under a decade

1k to 100k is the easiest. If you just live below your means and don't even invest you can get there in like five years with a mediocre job. That's speaking as a western bloc member though. It's probably the opposite in 2nd and 3rd world countries.

Munger was right. Especially if you start out as a poorfag. After that six figure hell sucks because it takes longer (relatively) to escape it.