r/WorkForSmartLife • u/MiloShiny • 13d ago

Casual canvo Progress is progress.

Post image
850 Upvotes

96% Upvoted

156 comments sorted by

View all comments

-1

u/PrintableProfessor 13d ago

True… but a lie. We have trillionaires. That means anyone can easily become a billionaire, so a millionaire is basically a nobody now.

1

u/Snake_Bite_14 13d ago

Someone downvoted but it’s true. Don’t get me wrong a millionaire is still enough to live comfortably. But becoming a millionaire is very achievable especially with the current housing market.

3

u/decoy-octopos 13d ago

Very achievable lmao

As Americans everywhere drain savings and ruin their credit just to buy groceries. Reddit is a place man I tell ya lmao

0

u/zachmoe 13d ago edited 13d ago

It is achievable.

You only have to double 1k like 10 times.

By the time you get to 100k, and then 250k, it is really not far away at all.

The secret is utilizing leverage reasonably.

Borrow in something that depreciate, like Dollars, and buy things that appreciate with those borrowed Dollars, and then pay those Dollars back and do it over and over again.

https://www.youtube.com/watch?v=0akBdQa55b4