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Invisibleblackdragon999
Mason


Registered: 07/17/06
Posts: 202
I became a millionaire today. * 8
    #27352108 - 06/17/21 10:05 AM (2 years, 7 months ago)

So about 5 minutes ago I checked my brokerage to see that I had an account value of $1,000,003.25 after a slight uptick in the market this morning. 

I'm actually not here to brag about it, I'm just wanted to share a strange feeling.

I'm 32 years old and I've never inherited a dime or had anything given to me money wise so it's a bit of a personal achievement and I'm a little proud of myself.

The point I am making here is that I don't want to tell anyone.
I don't feel like telling my wife...my parents...my best friend...anybody except strangers on the internet which I'm sure don't care much or won't believe me.

I don't want the people I care about to treat me differently because of it. I don't know anybody with much money. My friends and family are simple people.
Although a million dollars isn't as much as it used to be...it's still a lot to me. I feel like people will either resent me for it or expect more from me.

Has anyone had a similar experience? It's a strange type of achievement to feel so awkward sharing it with anyone that I know personally.


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OfflineManianFHS
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Re: I became a millionaire today. [Re: blackdragon999]
    #27352156 - 06/17/21 10:50 AM (2 years, 7 months ago)

Lol dude that is a pretty incredible achievement. I am 39 staring at about 100k in assets in total, wishing I would’ve made whatever choices got you to where you are. I think it is a big reason to Pat yourself on the shoulder, hope I join you in the 1M club one day.

Why wouldn’t you tell your wife? I get other people, and I guess all relationships are different. My wife and I have no separation of finances (aside from the this is her 401k this is mine by law or whatever). We both have access to everything, even though I feel like she would have no idea how to access my crypto cold storage if I were to suddenly die.

Not telling you to tell her, just was wondering why.


--------------------
notapillow said: "you are going about this endeavor all wrong. clear your mind of useless fear and concern. buy the ticket, take the ride, and all that.... "

ChrisWho said: "It's all about the journey, not the destination."


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InvisibleAsante
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Registered: 02/06/02
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Re: I became a millionaire today. [Re: blackdragon999]
    #27352159 - 06/17/21 10:51 AM (2 years, 7 months ago)

Quote:

blackdragon999 said:
So about 5 minutes ago I checked my brokerage to see that I had an account value of $1,000,003.25 after a slight uptick in the market this morning. 





:Awemazing:

Thats a beautiful moment, I hope you took a screenshot for the album.

Quote:

I'm 32 years old




Even better.

In the coming decade very much money will be lost and gained, way more than before. Ride that wave and you might retire young.


--------------------
Omnicyclion.org
higher knowledge starts here


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InvisibleE_Dubbya
Male

Registered: 05/14/21
Posts: 609
Re: I became a millionaire today. [Re: blackdragon999]
    #27352165 - 06/17/21 10:54 AM (2 years, 7 months ago)

I was a millionaire for a few days back in 2017. Had some random crypto that took off. Decided to ride it out for the long term, unfortunately never recovered back to that point (if I would have pulled it and put it into BTC I'd have over 7 mil today). Still, was cool to tell people I was a millionaire.

Hindsight is 20/20.

Be smart and keep it invested, most do retire these days with over a million and live comfortably. If you keep it rolling in some smart mutual funds or equivalent, you should be in good shape by the time you are in your 50s.


--------------------
Trade List


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OfflineManianFHS
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Re: I became a millionaire today. [Re: E_Dubbya]
    #27352170 - 06/17/21 10:58 AM (2 years, 7 months ago)

Quote:

E_Dubbya said:

Be smart and keep it invested, most do retire these days with over a million and live comfortably. If you keep it rolling in some smart mutual funds or equivalent, you should be in good shape by the time you are in your 50s.




True, I think at a certain point - for people who arent daytrading professionals, you just throw that big chunk into a few different investment vehicles such as mutual funds and comfortable ride 8-13% a year to retirement


--------------------
notapillow said: "you are going about this endeavor all wrong. clear your mind of useless fear and concern. buy the ticket, take the ride, and all that.... "

ChrisWho said: "It's all about the journey, not the destination."


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Invisibleblackdragon999
Mason


Registered: 07/17/06
Posts: 202
Re: I became a millionaire today. [Re: Asante] * 3
    #27352186 - 06/17/21 11:04 AM (2 years, 7 months ago)

Quote:

Asante said:
Quote:

blackdragon999 said:
So about 5 minutes ago I checked my brokerage to see that I had an account value of $1,000,003.25 after a slight uptick in the market this morning. 





:Awemazing:

Thats a beautiful moment, I hope you took a screenshot for the album.

Quote:

I'm 32 years old




Even better.

In the coming decade very much money will be lost and gained, way more than before. Ride that wave and you might retire young.





Not sure that's it's picturesque, but hey I'm just barely old enough to have the bad habit of taking a "screenshot" of my computer screen with my cell phone.



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Invisibleblackdragon999
Mason


Registered: 07/17/06
Posts: 202
Re: I became a millionaire today. [Re: ManianFH]
    #27352196 - 06/17/21 11:11 AM (2 years, 7 months ago)

Quote:

mick said:
Lol dude that is a pretty incredible achievement. I am 39 staring at about 100k in assets in total, wishing I would’ve made whatever choices got you to where you are. I think it is a big reason to Pat yourself on the shoulder, hope I join you in the 1M club one day.

Why wouldn’t you tell your wife? I get other people, and I guess all relationships are different. My wife and I have no separation of finances (aside from the this is her 401k this is mine by law or whatever). We both have access to everything, even though I feel like she would have no idea how to access my crypto cold storage if I were to suddenly die.

Not telling you to tell her, just was wondering why.





Good question... and it's probably because my wife doesn't ask about money at all and doesn't seem to care so I don't really make it an issue. I'm the bread winner between the two of us and since she doesn't work and is a full time student she basically just knows that she is provided for and seems content with that. She knows we have a little money, but I'm not sure if she has any idea how much money I've saved. :rolleyes: Strange how we never talk about money.


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Invisibleblackdragon999
Mason


Registered: 07/17/06
Posts: 202
Re: I became a millionaire today. [Re: E_Dubbya]
    #27352210 - 06/17/21 11:21 AM (2 years, 7 months ago)

Quote:

E_Dubbya said:
I was a millionaire for a few days back in 2017. Had some random crypto that took off. Decided to ride it out for the long term, unfortunately never recovered back to that point (if I would have pulled it and put it into BTC I'd have over 7 mil today). Still, was cool to tell people I was a millionaire.

Hindsight is 20/20.

Be smart and keep it invested, most do retire these days with over a million and live comfortably. If you keep it rolling in some smart mutual funds or equivalent, you should be in good shape by the time you are in your 50s.




BTC seems like a wild ride, I don't think I could handle the stress. :crazy2:


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OfflineManianFHS
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Re: I became a millionaire today. [Re: blackdragon999]
    #27352226 - 06/17/21 11:32 AM (2 years, 7 months ago)

Quote:

blackdragon999 said:
Quote:

mick said:
Lol dude that is a pretty incredible achievement. I am 39 staring at about 100k in assets in total, wishing I would’ve made whatever choices got you to where you are. I think it is a big reason to Pat yourself on the shoulder, hope I join you in the 1M club one day.

Why wouldn’t you tell your wife? I get other people, and I guess all relationships are different. My wife and I have no separation of finances (aside from the this is her 401k this is mine by law or whatever). We both have access to everything, even though I feel like she would have no idea how to access my crypto cold storage if I were to suddenly die.

Not telling you to tell her, just was wondering why.





Good question... and it's probably because my wife doesn't ask about money at all and doesn't seem to care so I don't really make it an issue. I'm the bread winner between the two of us and since she doesn't work and is a full time student she basically just knows that she is provided for and seems content with that. She knows we have a little money, but I'm not sure if she has any idea how much money I've saved. :rolleyes: Strange how we never talk about money.




Fair nuff. Makes sense and is probably really nice to rarely have money come up as a topic of conversation


--------------------
notapillow said: "you are going about this endeavor all wrong. clear your mind of useless fear and concern. buy the ticket, take the ride, and all that.... "

ChrisWho said: "It's all about the journey, not the destination."


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InvisibleAhab McBathsalts
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Re: I became a millionaire today. [Re: blackdragon999]
    #27353161 - 06/18/21 06:10 AM (2 years, 7 months ago)

:fuckyeah:

Congratz bro.


--------------------
"Nobody exists on purpose. Nobody belongs anywhere. Everybody's going to die."


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InvisibleAsante
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Re: I became a millionaire today. [Re: Ahab McBathsalts]
    #27353165 - 06/18/21 06:13 AM (2 years, 7 months ago)



--------------------
Omnicyclion.org
higher knowledge starts here


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OfflineTripsurfer
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Re: I became a millionaire today. [Re: blackdragon999]
    #27353812 - 06/18/21 03:22 PM (2 years, 7 months ago)

Technically half of that is hers right?


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Ach en wee ben ik de klos, met mijn boog schoot ik een albatros...

A philosopher is a person who knows less and less about more and more, until he knows nothing about everything.



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Invisibleblackdragon999
Mason


Registered: 07/17/06
Posts: 202
Re: I became a millionaire today. [Re: Tripsurfer]
    #27355226 - 06/19/21 01:30 PM (2 years, 7 months ago)

Quote:

Tripsurfer said:
Technically half of that is hers right?




Technically, no.
Legally, no.


--------------------








Edited by blackdragon999 (06/19/21 01:32 PM)


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OfflineEnkidu
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Re: I became a millionaire today. [Re: blackdragon999]
    #27355563 - 06/19/21 06:49 PM (2 years, 7 months ago)

Well done man.

Im 30 and if I could save up 100k in the next 5 years id be ecstatic. Realistically hoping for 20k. Right now at about 4k.

Just started trying to save and grow wealth in the stock market and in crypto a few months ago.

But not sure how kind the market will be to me this year.

Dont blame you not wanting to tell people..

Seems like things could quickly get funny or go down hill. Unless you know people well off and in similar financial shape. Might be easier for someone to be happy for you and celebrate with you.

Any plans for using it ?

Im saving for a down payment on a house myself, if i had money, soon as this housing market switches id be grabbing up land, houses, property


--------------------
Within You , Without You


:mushroom2::levitate::mushroom2:


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OfflineManianFHS
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Re: I became a millionaire today. [Re: Enkidu]
    #27355783 - 06/19/21 10:38 PM (2 years, 7 months ago)

Keep at it Endiku.

You seem to have a better acumen for understanding the stock market than I do, you’re gonna be ok if you stick to smart trading


--------------------
notapillow said: "you are going about this endeavor all wrong. clear your mind of useless fear and concern. buy the ticket, take the ride, and all that.... "

ChrisWho said: "It's all about the journey, not the destination."


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OfflineEnkidu
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Re: I became a millionaire today. [Re: ManianFH]
    #27356089 - 06/20/21 06:42 AM (2 years, 7 months ago)

Appreciate it man, gonna keep at it for sure


--------------------
Within You , Without You


:mushroom2::levitate::mushroom2:


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InvisibleMojo
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Re: I became a millionaire today. [Re: Tripsurfer]
    #27357298 - 06/21/21 08:36 AM (2 years, 7 months ago)

A "bit" proud of yourself?  What an understatement!  Well done and you have earned a pat on the back no doubt.

Quote:

Tripsurfer said:
Technically half of that is hers right?




Quote:

blackdragon999 said:
Quote:

Tripsurfer said:
Technically half of that is hers right?




Technically, no.
Legally, no.




Really?  How did you come to that conclusion?

I recently talked to a lawyer about this issue and was told that  even prenuptial agreements cannot subvert written marriage law.  Assets prior to union can sometimes be protected however assets acquired during a union are much harder to protect  Life changing events can also undermine marital contracts and they almost always fail to prevent martial maintenance because alimony and child support are issues of law, and again you cannot subvert law with a contract.

Have you sought legal advice about how to protect your wealth?


Edited by Mojo (06/21/21 08:43 AM)


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OfflineKinko
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Re: I became a millionaire today. [Re: Mojo]
    #27357329 - 06/21/21 09:24 AM (2 years, 7 months ago)

Can't believe there are millionaires here yet again this is a broad spectrum of members from all walks of life



I am 32 years of age like yourself but only have 6 dollars in my bank account .... Drug abuse and lowself esteem has rendered me useless ..


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OfflineKinko
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Re: I became a millionaire today. [Re: Kinko]
    #27357336 - 06/21/21 09:26 AM (2 years, 7 months ago)

As a self made millionaire what are some stocks and or crypto you recommend poor people to invest in ?


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OfflineIma TrooperS
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Re: I became a millionaire today. [Re: Kinko] * 1
    #27357366 - 06/21/21 09:50 AM (2 years, 7 months ago)

If you have 6 dollars, don't invest in ANYTHING. That's like trying to win the Olympic gold in sprinting before you learn how to walk.

You need to budget, first. Make more money, second. Have an emergency fund with 3 months worth of expenses, minimum.

Then you can think about investing.


--------------------
"Its moving of its own accord...and I like that in a shirt!" - Me, tripping.

deCypher said:
Schizophrenia beats dining alone, you know.


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Invisibleblackdragon999
Mason


Registered: 07/17/06
Posts: 202
Re: I became a millionaire today. [Re: Enkidu] * 2
    #27357519 - 06/21/21 12:22 PM (2 years, 7 months ago)

Quote:

Enkidu said:
Any plans for using it ?





I already have everything that I want material wise so I'm using it to make more money. So I guess I'm a farmer.

My motivation is that I hate working for other people and always have, so my solution is to generate investment income and live off of it. :grin:


--------------------








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Invisibleblackdragon999
Mason


Registered: 07/17/06
Posts: 202
Re: I became a millionaire today. [Re: Mojo] * 1
    #27357523 - 06/21/21 12:28 PM (2 years, 7 months ago)

Quote:

Mojo said:
A "bit" proud of yourself?  What an understatement!  Well done and you have earned a pat on the back no doubt.

Quote:

Tripsurfer said:
Technically half of that is hers right?




Quote:

blackdragon999 said:
Quote:

Tripsurfer said:
Technically half of that is hers right?




Technically, no.
Legally, no.




Really?  How did you come to that conclusion?

I recently talked to a lawyer about this issue and was told that  even prenuptial agreements cannot subvert written marriage law.  Assets prior to union can sometimes be protected however assets acquired during a union are much harder to protect  Life changing events can also undermine marital contracts and they almost always fail to prevent martial maintenance because alimony and child support are issues of law, and again you cannot subvert law with a contract.

Have you sought legal advice about how to protect your wealth?




The country in which I am married in does not recognize divorce.


--------------------








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Invisibleblackdragon999
Mason


Registered: 07/17/06
Posts: 202
Re: I became a millionaire today. [Re: Kinko]
    #27357580 - 06/21/21 01:14 PM (2 years, 7 months ago)

Quote:

Kinko said:
Can't believe there are millionaires here yet again this is a broad spectrum of members from all walks of life



I am 32 years of age like yourself but only have 6 dollars in my bank account .... Drug abuse and lowself esteem has rendered me useless ..






Quote:

Kinko said:
As a self made millionaire what are some stocks and or crypto you recommend poor people to invest in ?





The only thing I would say is to diversify.
ETFs and Mutual funds are a good ways of investing in lots of different assets for a few bucks.

I don't know much about crypto.


--------------------








Edited by blackdragon999 (06/21/21 01:15 PM)


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OfflineEnkidu
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Re: I became a millionaire today. [Re: blackdragon999]
    #27358080 - 06/21/21 07:43 PM (2 years, 7 months ago)

Quote:

blackdragon999 said:
Quote:

Enkidu said:
Any plans for using it ?





I already have everything that I want material wise so I'm using it to make more money. So I guess I'm a farmer.

My motivation is that I hate working for other people and always have, so my solution is to generate investment income and live off of it. :grin:




Nice man, cant argue with that.

So in curious, you mention having everything you need materialistically.

How does that impact your overall happiness, satisfaction with life, spiritual practice

Sorry to hear that Kinko, where theres a will theres a way.

Start with generating income you can uae to save up money is a good start.

Then learn about strategies to investing

Accumulating BTC on crashes has some long term potential.

Growth and tech stocks as well such as sectors emerging that will be huge in the future


--------------------
Within You , Without You


:mushroom2::levitate::mushroom2:


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OfflineLoaded Shaman
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Re: I became a millionaire today. [Re: blackdragon999]
    #27358333 - 06/22/21 12:00 AM (2 years, 7 months ago)

Congrats OP! I don't do crypto, but I'm climbing as well. What a year.


--------------------



"Real knowledge is to know the extent of one’s ignorance." — Confucius


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InvisibleAsante
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Re: I became a millionaire today. [Re: blackdragon999] * 2
    #27358668 - 06/22/21 10:09 AM (2 years, 7 months ago)

Quote:

blackdragon999 said:


I'm 32 years old




Suppose you have 43 more years to live, so that you life to 75. A fair life expectancy for an American male of your age.

43 years = 516 months.


Quote:

blackdragon999 said:
I had an account value of $1,000,003.25





Suppose you went Fuck It, got a GoldMoney account, which is a bullion bank, and sold all your dollars for gold.

You'd then have, give or take, push and shove, 17.38 kg gold in offshore storage.

17.38kg gold : 516 months = 33.68gr gold/month.

That's more than an ounce of gold for evert month of the rest of your life

:awegold:

To be exact,  33.68gr gold is USD $1933/month in todays money.

Gold value increases with inflation, so it will roughly stay worth the equivalent of $1500-2500 in todays money, for the rest of your life.

In the US you might scoff at that sum but realize something:


You can, right now, cash out into offshore gold, take the fam to a tropical paradise like Thailand and live a good life there for the rest of your life.


Although $2,000 (63,000 THB) per month for living costs is a solid starting point, it is very possible to get by in Thailand on much less. In places such as Pattaya and Chiang Mai, you can rent a condo for as little as $200 to $300 (6,000 THB to 10,000 THB) a month close to international style restaurants and amenities. We would recommend that a bare minimum for living costs in Thailand should be closer to $1,200 to $1,500 per month.


Think about that one.

You can retire at TODAY if tropical paradises appeal to you, and your income woukld be GUARANTEED even if you don't do a thing (which of course you won't, you'll mke yourself useful in other ways and earn in addition.


--------------------
Omnicyclion.org
higher knowledge starts here


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OfflineMoses_Davidson
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Re: I became a millionaire today. [Re: Kinko]
    #27375331 - 07/05/21 04:46 PM (2 years, 6 months ago)

Way to go! Big day for any investor :smile:


--------------------
"In finance, everything that is agreeable is unsound and everything that is sound is disagreeable." --Sir Winston Churchill

"The world may not only be stranger than we suppose, it may be stranger than we can suppose."
J.B.S. Haldane

"Truth is stranger than fiction, but it is because fiction is obliged to stick to possibilities; Truth isn't."
Mark Twain


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Invisiblebadchad
Mad Scientist

Registered: 03/02/05
Posts: 13,372
Re: I became a millionaire today. [Re: blackdragon999]
    #27378591 - 07/08/21 04:10 AM (2 years, 6 months ago)

Quote:

blackdragon999 said:
:rolleyes: Strange how we never talk about money.




Respectfully, I'd encourage you to consider this.  At minimum, make sure you've filled out the beneficiary and Transfer upon death paperwork.  It's very easy.  About two years ago, one of my family members lost her husband unexpectedly.  It was a clusterfuck of attorney fees  and time to figure out where his debts were, how they were settled etc.

My understanding is that in many states, things automatically go to a spouse, but getting things worked out beforehand can really save someone a lot of grief in a time that is already tough.


--------------------
...the whole experience is (and is as) a profound piece of knowledge.  It is an indellible experience; it is forever known.  I have known myself in a way I doubt I would have ever occurred except as it did.

Smith, P.  Bull. Menninger Clinic (1959) 23:20-27; p. 27.

...most subjects find the experience valuable, some find it frightening, and many say that is it uniquely lovely.

Osmond, H.  Annals, NY Acad Science (1957) 66:418-434; p.436


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Invisibleopenmind
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Re: I became a millionaire today. [Re: blackdragon999] * 1
    #27401572 - 07/25/21 12:15 PM (2 years, 6 months ago)

Quote:

blackdragon999 said:
So about 5 minutes ago I checked my brokerage to see that I had an account value of $1,000,003.25 after a slight uptick in the market this morning. 


I'm 32 years old and I've never inherited a dime or had anything given to me money wise so it's a bit of a personal achievement and I'm a little proud of myself.







So how did you do it?

How did you become a millionaire?

Where did the $ come from?





-OM

.


--------------------


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Offlinebio_alchemist
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Re: I became a millionaire today. [Re: openmind]
    #27402252 - 07/25/21 11:21 PM (2 years, 6 months ago)

Congratulations brother! :cheer: :cheer:
:wizard: :whacker:


--------------------
vVvVv I Buy and Sell MONERO! USD for XMR vVvVv


Check out my Monero Guide to Economic Freedom!!!


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InvisibleMycoWeek
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Re: I became a millionaire today. [Re: blackdragon999]
    #27489955 - 10/02/21 01:43 PM (2 years, 3 months ago)

good for you man. I actually respect the way you are celebrating it by sharing it to strangers, instead of being all flashy around your friends and family.

how did you learn how to invest? do you invest a mix of high and low risk?


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Invisibletrees
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Re: I became a millionaire today. [Re: MycoWeek]
    #27490045 - 10/02/21 03:14 PM (2 years, 3 months ago)

Quote:

shintachou said:
good for you man. I actually respect the way you are celebrating it by sharing it to strangers, instead of being all flashy around your friends and family.




Its still braggy to even mention it. Real OG wealthy folk dont share their net worth and instead joke that theyre broke when asked. Thats the true Chad way


--------------------


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OfflineMoses_Davidson
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Re: I became a millionaire today. [Re: trees] * 3
    #27490414 - 10/02/21 09:15 PM (2 years, 3 months ago)

Quote:

trees said:
Quote:

shintachou said:
good for you man. I actually respect the way you are celebrating it by sharing it to strangers, instead of being all flashy around your friends and family.




Its still braggy to even mention it. Real OG wealthy folk dont share their net worth and instead joke that theyre broke when asked. Thats the true Chad way




Don't be such a snob. 

If he grew his first batch of shrooms and was excited about finally meeting a goal that he has worked very hard to achieve, that's not braggy. He just wants a discreet outlet where he can be overjoyed. He had to work very, very hard to achieve his first million. You have no idea. It's tough to work so hard on something that other people hate you for having. 

The reason people who have money don't talk about it isn't because they are awesome, it's because of the envy and the backlash that goes along with it.


--------------------
"In finance, everything that is agreeable is unsound and everything that is sound is disagreeable." --Sir Winston Churchill

"The world may not only be stranger than we suppose, it may be stranger than we can suppose."
J.B.S. Haldane

"Truth is stranger than fiction, but it is because fiction is obliged to stick to possibilities; Truth isn't."
Mark Twain


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OfflineEnkidu
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Re: I became a millionaire today. [Re: Moses_Davidson] * 1
    #27490703 - 10/03/21 07:13 AM (2 years, 3 months ago)

Makes sense to me that if you're happy or excited about something or even if it just has an emotional impact or significance on you in a rare sort of way, you may want to share it with others


--------------------
Within You , Without You


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InvisibleAsante
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Re: I became a millionaire today. [Re: trees]
    #27491699 - 10/04/21 02:37 AM (2 years, 3 months ago)

Quote:

trees said:

Its still braggy to even mention it. Real OG wealthy folk dont share their net worth





Thats the thing, he's not OG, his investments just amounted up to a million and he's amazed by reaching this very impressive milestone.

Let him celebrate, nothing braggy about it.

You and I can be the little girl with the matches warming ourselves to the single nickel we have, let him rejoice and celebrate for being better off than we are with the results of his investing.

:cheer: happy for him :cheer:


--------------------
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Invisibletrees
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Re: I became a millionaire today. [Re: Asante]
    #27492220 - 10/04/21 12:14 PM (2 years, 3 months ago)

Quote:

Asante said:
You and I can be the little girl with the matches warming ourselves to the single nickel we have, let him rejoice and celebrate for being better off than we are with the results of his investing.




:okay:



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OfflineLoaded Shaman
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Re: I became a millionaire today. [Re: trees] * 2
    #27493071 - 10/05/21 12:15 AM (2 years, 3 months ago)

Quote:

trees said:
Quote:

shintachou said:
good for you man. I actually respect the way you are celebrating it by sharing it to strangers, instead of being all flashy around your friends and family.




Its still braggy to even mention it. Real OG wealthy folk dont share their net worth and instead joke that theyre broke when asked. Thats the true Chad way




Hard respectful disagree. It says more about you that you assume that was his intention. Money brings out the truth in those that speculate on others regarding it.


--------------------



"Real knowledge is to know the extent of one’s ignorance." — Confucius


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OfflineMoses_Davidson
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Re: I became a millionaire today. [Re: trees] * 2
    #27493285 - 10/05/21 07:47 AM (2 years, 3 months ago)

LOL That's not happy, but I can sure relate to it brothah.

At a time when I was getting divorced, losing everything I had, my house, my stuff, my car, and getting a giant pile of debt to my ex... my brother started making enough to buy all sorts of unnecessary luxuries. I felt the same.

When we measure ourselves relative to the success of others, if something good happens to them we feel bad because we have (relatively) just sunk to a lower level.

Here are some things that helped me to be happy for the success of others:

1. Remember that we will assume the traits of those around us. If everyone around you is doing things that result in something you want, that is very good. They are willing to tell you what they did, and this will soak into your core until you eventually start to manifest the same results. This is why it is important not to hang around meth addicts and homeless people for your fellowship and camaraderie.

2. If they receive something good, it doesn't make you any worse. It doesn't make you any lower. Thinking that you are somehow worse off is just a mistaken bias in your head.

3. Make an effort to deliberately compare yourself to what you were last year. Then if you feel bad, you deserve it and you have the power to change it.

4. It doesn't have to make you overjoyed to see someone doing well financially (any more so than you would beam with happiness because they got their first huge crop) but you can introspect, compare yourself to who you were in the past, and congratulate them just like you would a high school graduate or someone who got married, knowing their success doesn't make you any worse off and actually you're blessed to have successful people around you, because their influence can wear off on you.

5. Ask empowering questions, such as, "What can I learn from this?" or "What steps can I take to be closer to my own goals?"

6. Also, the OP had to make all kinds of sacrifices like driving a POS car, wearing crappy old clothes, working overtime, NOT ordering pizza when he wanted it, and so forth. If that's not something you or I are willing to do, that's OK. We can just embrace it as our own choice.


As someone who has known both poverty and decadent wealth, I can tell you that it really sucks to be poor, and it is painful suffering to get thrown in jail for being unable to pay your child support. Being unable to buy necessities (food / shelter / basic medical care in time of need) can causes very real physical hurt in your world, and really do a number on your self esteem. Money doesn't buy happiness but poverty causes misery. But once you get those basic necessities... all the rest is just "the want of more" and you'll never have enough. You will NEVER win the comparison game. There is always a bigger fish. The janitor envies the teacher, who envies the principal, who envies the doctor, who envies the surgeon, who envies the successful entrepreneur, who envies the CEO of a publicly traded company, who envies the hedge fund manager, who envies the billionaire who has his own hierarchy bigger billionaires and political figures to envy. Every one of them feels the exact same dissatisfaction with their current wealth and the desire to have another 20% more than they currently have.

How is this any different from little pack rats collecting shiny pieces of tin foil, thimbles, plastic jewels, and other trash? Its all meaningless treasure. Nothing more than symbolic of our ability to assert our dominance over other male mammals in our species.

Its good to free one's self from that enslavement, and then just work hard and invest responsibly, and be a big giver our of personal freedom to do so, without feeling the need to participate in the social dominance hierarchy. Apes, chickens and even hermit crabs have social dominance hierarchies. There's nothing sophisticated about playing those games.

Hope that makes you feel a little better brothah


--------------------
"In finance, everything that is agreeable is unsound and everything that is sound is disagreeable." --Sir Winston Churchill

"The world may not only be stranger than we suppose, it may be stranger than we can suppose."
J.B.S. Haldane

"Truth is stranger than fiction, but it is because fiction is obliged to stick to possibilities; Truth isn't."
Mark Twain


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Invisibletrees
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Re: I became a millionaire today. [Re: Moses_Davidson]
    #27493330 - 10/05/21 08:36 AM (2 years, 3 months ago)

You assumed a whole lot about me, and while i appreciate the positivity, you didnt nail it. i know its based on your life experiences but in truth, individuals life experiences are never representitive of all reality.

All i'll say is that i used to work multiple dirty factory jobs at once sacrificing all my days for almost a decade, and now i dont work for anyone. I only work on my beautiful property and land and my money pile grows faster than i spend it, thanks to the markets just like OP. And thinking back, it actually wasnt that difficult to get here. All i did was stick to the plan. I do think its a silly look for anyone to go online and be like "hi everyone, im here to announce that I just dinged X ammout of dollars" in a clear effort to garner cheers and congrats. Asante wanted to take it to the next level and for us to get on our knees with dirty girly hands and give praises, as if thats in good taste nowadays, which is doubley stupid imo.


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OfflineMoses_Davidson
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Re: I became a millionaire today. [Re: trees]
    #27495364 - 10/06/21 09:21 PM (2 years, 3 months ago)

Sorry for assuming.  :plur:


--------------------
"In finance, everything that is agreeable is unsound and everything that is sound is disagreeable." --Sir Winston Churchill

"The world may not only be stranger than we suppose, it may be stranger than we can suppose."
J.B.S. Haldane

"Truth is stranger than fiction, but it is because fiction is obliged to stick to possibilities; Truth isn't."
Mark Twain


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InvisibleAsante
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Re: I became a millionaire today. [Re: Moses_Davidson] * 1
    #27495572 - 10/07/21 03:27 AM (2 years, 3 months ago)

Being a millionaire is something you fantasize about as a kid, if you chewck your portfolio and realize that you're there you're like, "huh, is this it?"

I suspect its like that.

Trees and I can only rub two sticks together if each of us brings our own :smirk:


--------------------
Omnicyclion.org
higher knowledge starts here


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InvisibleTheFakeSunRa
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Re: I became a millionaire today. [Re: trees]
    #27497524 - 10/08/21 03:46 PM (2 years, 3 months ago)

Quote:

  I only work on my beautiful property and land and my money pile grows faster than i spend it, thanks to the markets just like OP. And thinking back, it actually wasnt that difficult to get here. All i did was stick to the plan. I do think its a silly look for anyone to go online and be like "hi everyone, im here to announce that I just dinged X ammout of dollars" in a clear effort to garner cheers and congrats.




Piles of cash vs dinging a certain number

Seems kind of pot kettle to me

Anyway - congrats OP

What percentage of your net worth is in the market

Are you invested in anything like foreign real estate or currencies or precious metals to hedge against worst case scenario hyper-inflation or whatever?

Those returns on your last six months are fucking amazing!

Good for you.


--------------------
[quote]Asante said:
You constantly make posts thatr fling middle school insults at people you don't like mixed in with maladjusted psychopathic comments about wanting to beat up the other poster with a crowbar.

You know how shit you are, you just don't give a fuck for precisely that reason.

I disendorse you.[/quote]


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OfflineOz_Salvia
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Re: I became a millionaire today. [Re: blackdragon999]
    #27567431 - 12/03/21 09:48 AM (2 years, 1 month ago)

Congratulations! :goodwork:

And threads like this need to be stickied to inspire others to the same.

To allow achievement to slide off to oblivion because of some arbitrary thread time redundancy policy is absurd.


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OfflineMegaCrouton
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Re: I became a millionaire today. [Re: Oz_Salvia]
    #27580308 - 12/13/21 06:04 PM (2 years, 1 month ago)

Congrats on hitting that 1M mark! I have the horrible tendency to check my 401k and Roth IRA every week to see the % change.  Even when the stock market goes down I end up a little positive from putting in money every week :p Makes it feel like I'm always making progress.  Look forward to the day when I cross $1M net worth.


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OfflineJohnS0N
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Re: I became a millionaire today. [Re: E_Dubbya]
    #27593706 - 12/25/21 02:28 AM (2 years, 1 month ago)

Ah the beautiful crypto moonboi hindsight. If we sold our crptos and traded (or wouldn't lose them :evil:) at the appropriate time, we'd all have our bank accounts full. I may needed help to get the money out of the bank account with a shovel. 

:aweyeah:


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InvisiblePsychoReactive
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Re: I became a millionaire today. [Re: JohnS0N]
    #27612365 - 01/09/22 12:59 AM (2 years, 19 days ago)

"Money loves silence." Rockefellers... (one of the richest Zionist Jewish families in the world (along with Rothschilds) that own hundreds if not thousands of trillions of dollars).



And they are right... loose lips, sink ships.


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InvisibleCapSlinger
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Re: I became a millionaire today. [Re: PsychoReactive]
    #27612551 - 01/09/22 07:54 AM (2 years, 19 days ago)

Congrats op! :leocheers:

I can't wait to cross that line too. Just a few more years.

:vaped:


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OfflineChromosome
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Re: I became a millionaire today. [Re: CapSlinger]
    #27623551 - 01/18/22 12:51 PM (2 years, 9 days ago)

You have one hell of a budget to make any hobby you enjoy to generate income.


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OfflineBigdtimo
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Re: I became a millionaire today. [Re: blackdragon999]
    #27650139 - 02/07/22 09:51 PM (1 year, 11 months ago)

Can anyone help me? Im having deep money issues with me and my family everything is appreciated


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OfflineHikeadellic
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Re: I became a millionaire today. [Re: Bigdtimo]
    #27651326 - 02/08/22 06:47 PM (1 year, 11 months ago)

I'm sorry to hear about your situation, best thing to do is keep working hard, try to get a better paying job, save money, pay off debt prior to investing, if you like to read there is a really good book called "Making friends and influencing people" by Dale Carnegie, lots of good interpersonal skills / business advice there.

When you decide to invest, aim for the long term. Not for you, but for your children / grandchildren. The earlier you start the better, but make sure debts are paid off

Sit down with the adults in your family, make a budget for each month on EVERYTHING and stick to it. Cut down on bad habits like drinking smoking, and eating at restaurants less because with a little practice you can make whatever you want better at home cheaper then a restaurant.

Mortgage is generally better then leasing because you get the equity

The more details you provide the more we can help you

We are not financial advisors, just friends having a conversation

Welcome to The Shroomery! :mushroom2::irishtoast::mushroom2:


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OfflineDoomyShroom
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Re: I became a millionaire today. [Re: Hikeadellic]
    #27653124 - 02/10/22 01:06 AM (1 year, 11 months ago)

Awesome, I hope you do much good with it!


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Offlinehrrvw04
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Re: I became a millionaire today. [Re: blackdragon999]
    #27659776 - 02/15/22 10:58 AM (1 year, 11 months ago)

Congratulations on your achievement! Always remember that your feeling are always valid.


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OfflineNymphocibin
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Re: I became a millionaire today. [Re: ManianFH]
    #27695860 - 03/15/22 02:09 AM (1 year, 10 months ago)

Quote:

ManianFH said:
Lol dude that is a pretty incredible achievement. I am 39 staring at about 100k in assets in total, wishing I would’ve made whatever choices got you to where you are. I think it is a big reason to Pat yourself on the shoulder, hope I join you in the 1M club one day.

Why wouldn’t you tell your wife? I get other people, and I guess all relationships are different. My wife and I have no separation of finances (aside from the this is her 401k this is mine by law or whatever). We both have access to everything, even though I feel like she would have no idea how to access my crypto cold storage if I were to suddenly die.

Not telling you to tell her, just was wondering why.





Bro.. telling your wife is equal to telling everyone you know ontop of everyone you don’t know around the city.. duh.


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OfflineManianFHS
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Re: I became a millionaire today. [Re: Nymphocibin] * 1
    #27697100 - 03/15/22 11:35 PM (1 year, 10 months ago)

Haha, I guess in some situations. My wife and I both actively manage our investments, she’s pretty good at it, and has a bigger bank account than I do - data doesn’t lie right :wink:

She did not want to mortgage our house to invest in bitcoin in 2016. I remind her of that from time to time - then she reminds me that yeah, because she’s not an idiot.


--------------------
notapillow said: "you are going about this endeavor all wrong. clear your mind of useless fear and concern. buy the ticket, take the ride, and all that.... "

ChrisWho said: "It's all about the journey, not the destination."


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OnlinegeokillsA
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Re: I became a millionaire today. [Re: ManianFH] * 1
    #27698893 - 03/17/22 01:36 PM (1 year, 10 months ago)

Haha! :tongue2:

Thanks for the humble honesty and the good laugh! :sunny:


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