12 Comments
 

Buy nvidia and live in a poor income apartment, retire after nvidia stocks split and AI boom

 

The way you make 8 figures by late 30s is taking risks.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

My plan is to make 7 figures on May 1st. That is the goal.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

BOSS3456..

What have you done so far?

May 1st is the final table of a poker tourney I’m playing in. Top 3 get 7 figure payouts. I have one entry for the tourney, but trying to get more. Playing Day 1 on 4/14. FT is Day 4.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

Risk adjusted wealth creation is actually fairly simple. Most people just aren’t willing to do it because we aren’t robots, we are monkeys with emotions. But it’s minimizing expenses and investing everything in a technology ETF. Working a IB/PE job would help but there are other paths to high income.

What most people do is scale expenses with income (which is okay) economics is about utility and value not just cost. For example, who cares if you have 8 figures at 40 if your family hates you and have been through 2 divorces and you are estranged from children. A robot wouldn’t care but most monkeys do.

 

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