Message from @dippy
Discord ID: 564146334362501172
Cause it’s easy to calculate people’s spending habits
no dingus
Different States or countries all have different taxes for different classes
we don't even know his exact income or location
i gave him my net income
I’m currently taking courses for series 6 and series 7 in financial advisoring
so he could calculate it roughly
hes been pretty close
And this is without seeing any actual figures on paper
Now my question is
Why in the sam hell are you putting 2k in savings a month
why would that be bad
its not all "savings" some of it is stocks
Okay
That’s better
i mean .. i am saving that much back but not investing it all
I was gonna advise you to split that money
I even think you should take it a step further
And split it three ways
im still building an emergency fund. like i said i was making 30k just a few years ago
Into savings, safe stocks, and use the remaining money into investing into risky stocks with high profit
thats the plan
You should also look into investing into businesses such as franchises
With your current net worth you probably could invest into a smaller franchise
eventually. Looking into housing possibly too
And they do all the work for you
You just need to back them up with the money
They usually have professionals do all the calculations on where the building will be for maximum profit
Housing is also a good idea
i always wanted to open a laundromat or car wash honestly. Have been putting some thought into that but thats a ways off
Rental properties are great passive income, but require more effort
To get started
No
Don’t do that
Laundromats and car washings been over saturated by Asians and Arabs
low maintenance
that is true
but there are still some places in rural areas where you could do it
Maybe but that’s high risk
Dude. Dude. Dude
Are you asian or arab