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Reload this Page I just inherited 6 million dollars
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T-Dawg
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121 - 10-30-2014, 15:46
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A friend of mine is an ER nurse and he makes $150k working 4 - 12 hour shifts, with a full month vacay...

---

If it were me, I would keep working as a doctor, and be obscenely wealthy in twenty years. $6 mil isn't really a lot in the grand scheme of things. I mean, you can't buy a senator with that paltry sum.

My 2¢

sent from my TalkaTap using phone.
 
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Old
122 - 10-30-2014, 15:47
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smoke weeeeeeeeed
 
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GraphiX
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123 - 10-30-2014, 15:57
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dump her asap
 
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Ztir
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124 - 10-30-2014, 16:00
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plz donate 2 magicalgames
 
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Osmethae
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125 - 10-30-2014, 16:05
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You can always donate to my shop and I'll make you sweet armor.
 
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GraphiX
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126 - 10-30-2014, 16:08
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you can paypal me $1,000 and i will send u a pic of somebody else's penis and claim it to be mine

oh and you can spend tons of money on crowns and turn into a ****ing beast on Tribalwars 2 before BeLiaL rapes your base.
 
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SuicideSnowman
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127 - 10-30-2014, 16:11
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Buy 34kL of Extreme Ice.
 
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Captain Tele
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128 - 10-30-2014, 16:12
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Quote:
Originally Posted by Eggi View Post
but you could just do the dumb thing and throw it in a mutual fund that tracks the S&P and be good to go
 
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Last edited by Captain Tele; 10-30-2014 at 21:32..
havax
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129 - 10-30-2014, 16:32
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buy me a boat, bro
 
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CjBurden
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130 - 10-30-2014, 16:43
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Quote:
Originally Posted by amRam View Post
You'd have to make some wise investments right off the bat.
except, most people will never earn 6 million in their lifetime...... soooooo I'm pretty sure you could figure it out.
 
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CjBurden
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131 - 10-30-2014, 16:45
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Quote:
Originally Posted by Captain Tele View Post
holy **** eggi is fukin dumb





yeah...ten% APR per year

SNP be at 5700 today if that were the case

instead it is record breaking 2k

putting it at a more realistic 2% (since 1999 peaks)

guess what inflation averages?

edit:

it returns 23% if you went all in at 700 @ 2009 and cashed out at 2000 @ 2014

but have fun being a day trader with 100% hindsight
can someone please explain how almost 200% of 700 is a 23% return?
 
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Ztir
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132 - 10-30-2014, 16:45
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Just cuz u have a ton of money doesn't mean u have 2 be a super baller

I don't know buize but he seems like the kind of guy who only works cuz he has to. Being that he's brown - being a Dr prolly wasn't even his idea(or choice, knowing my other friends who are being forced 2 be doctors by their overbearing parents)

If a nigga wants to smoke the finest green and play video games and go on vacations once in a while u don't need 2 be pullin in 7 figures every year u no
 
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dibs
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133 - 10-30-2014, 16:46
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can u mail me some drugs
 
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Ahmida
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134 - 10-30-2014, 16:49
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You should start a pro gaming team.
 
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Rulide
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135 - 10-30-2014, 16:57
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Probably worth talking to Tehvul about this. He gets royalty checks worth this much quite regularly.
 
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amRam
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136 - 10-30-2014, 17:01
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Quote:
Originally Posted by CjBurden View Post
can someone please explain how almost 200% of 700 is a 23% return?
Compound annual growth rate. $700 becomes $2000 after 5 years at 23%.


Need any other fundamentally basic concepts explained?
 
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Captain Tele
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137 - 10-30-2014, 17:06
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Quote:
Originally Posted by CjBurden View Post
can someone please explain how almost 200% of 700 is a 23% return?
interest bro (APR)

http://en.wikipedia.org/wiki/Annual_percentage_rate

Compound Interest Calculator

give it a try
 
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Eggi
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138 - 10-30-2014, 17:19
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Quote:
Originally Posted by Captain Tele View Post
holy **** eggi is fukin dumb
r u fukin retarded

do u know what historically means
or what day trading means
or what anything means

even looking at 15 yrs like you chose to do, which starts at a bubble and includes two major recessions, the annual return was 5%

you are one daft mother****er
http://en.wikipedia.org/wiki/S%26P_500
 
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Last edited by Eggi; 10-30-2014 at 17:24..
amRam
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Old
139 - 10-30-2014, 17:23
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CAGR of the Stock Market: Annualized Returns of the S&P 500

1999 to 2013 is 4%, adjusted for inflation.. not the kind of performance I'd be thrilled with had I invested 15 years ago. Then again, if you check from 2003 to 1013 it doubles to 8% so it's all in the timing.
 
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fartiusstinkius
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140 - 10-30-2014, 17:27
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2003 to 1013 eh?

quite the time travelor
 
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