mass casualty event at the Astroworld fest. sounds like a mix of ODs and panic stampedes. really awful
This is why I only smoke weed now
Last time someone passed me a Trump shaped MDMA and boy am I glad I googled it
No seriously it was literally Trump's face
Last time someone passed me a Trump shaped MDMA and boy am I glad I googled it
No seriously it was literally Trump's face
By domino Go To Postmass casualty event at the Astroworld fest. sounds like a mix of ODs and panic stampedes. really awful
Dying and hearing Travis music on the way out, horrible end.
By Yurtlicious Go To PostThis is why I only smoke weed nowYeah I’m off the slopes for a while. I don’t trust this shit out rn
Last time someone passed me a Trump shaped MDMA and boy am I glad I googled it
No seriously it was literally Trump's face
By FortuneFaded Go To PostThat sounds made up.It does but police confirmed it.
I remember reading an article on vice or something a few weeks that needle spiking people is up big in the UK. People are sick man. Put nothing past anyone these days.
By Daz Go To Posthttps://www.marketwatch.com/story/i-won-over-55-million-in-the-california-lottery-but-didnt-tell-my-friends-or-family-did-i-do-the-right-thing-11625001363?st=0oc9k5sz3ejikob&mod=mkwfirefox22I would do the same if I could. I think in NY you get published with your name and face so there's no hiding. People aren't looking out for your best interest.
worth a read.
Years ago my brother got a settlement from a workplace injury. My family was quick to show up and ask for him to buy them stuff. This designer bag or dream vacation. He didn't buy anyone anything but my parents used him. They talked him into paying off the remainder of the mortgage and agreed to pay him back X amount per month. Only my brother was living there due to not having a job for like 1.5 years while waiting for the settlement so they were charging him rent.
The X amount they were "paying" him was negated by the rent he was paying.
Idk if he knew or what, but I told him he was a dumbass and told my parents they were assholes for taking advantage.
From the comments section:
I worked with a gentleman who who a Lottery ($4M) a while back. He told me the happiest part of the whole experience was when all the money was gone. From day one his family and friends had their hands out and were constantly badgering him for money and help, which he always obliged. He said when they had taken all the money and there was nothing left, they resented him because they could no longer live the good life at his expense.
People are the worst.
I worked with a gentleman who who a Lottery ($4M) a while back. He told me the happiest part of the whole experience was when all the money was gone. From day one his family and friends had their hands out and were constantly badgering him for money and help, which he always obliged. He said when they had taken all the money and there was nothing left, they resented him because they could no longer live the good life at his expense.
People are the worst.
By Fenderputty Go To PostIf I only won like 4m, I prolly just buy up like 4-6 or so properties and rent them.the flex
$4m is enough to buy a beautiful house, never have to work another day in my life, travel, and leave enough left over to stick in a good savings account
I'd rather do that than carry on working for more. Maybe that'd change if I had kids.
I mean 5 rental properties gonna net you 15-18k a month before taxes and the asset will just keep growing in so cal
if I get 55 million I'll buy everyone I know everything they ever wanted
highest ranked seeds and action bois get first dibs
highest ranked seeds and action bois get first dibs
By Pac-12 Go To PostFender over here trying to become a landlord when his HOA won't even allow rentalslmao
By Daz Go To PostFrom the comments section:Damn he's bad with money
I worked with a gentleman who who a Lottery ($4M) a while back. He told me the happiest part of the whole experience was when all the money was gone. From day one his family and friends had their hands out and were constantly badgering him for money and help, which he always obliged. He said when they had taken all the money and there was nothing left, they resented him because they could no longer live the good life at his expense.
People are the worst.
4 million isn't enough to just live wild and give give give
By Daz Go To PostFrom the comments section:It's not always just people man
I worked with a gentleman who who a Lottery ($4M) a while back. He told me the happiest part of the whole experience was when all the money was gone. From day one his family and friends had their hands out and were constantly badgering him for money and help, which he always obliged. He said when they had taken all the money and there was nothing left, they resented him because they could no longer live the good life at his expense.
People are the worst.
No one has what they need, and that's the culture we breed
But yeah some people suck
By Fenderputty Go To PostI mean 5 rental properties gonna net you 15-18k a month before taxes and the asset will just keep growing in so calYeah but Fender is being a landlord worth the price of your soul
I fucking hate thinking about what ifs when it comes to large sums of money, because I go through the scenario in my head and then afterwards I remember I don’t even put the damn lottery on.
I’d buy a modest house and keep working though. Feel like my mind would turn to mush without a basic work routine.
I’d buy a modest house and keep working though. Feel like my mind would turn to mush without a basic work routine.
By Not Go To PostYeah but Fender is being a landlord worth the price of your soulSoul?
By Kabro Go To PostIf you're smart you'd live off the interest and never touch the principal. 🤷♂️except the principals value decreases over time due to inflation.
You actively need to re-invest in it.
All, so much easier said, than done.
By DY_nasty Go To Post
ell naw
i've had nightmares about something similar.
i'm on a bus and some very dishevelled looking dude is wanting to inject me with something and no one wants to help me and i can barely move my legs to get away from him or out of the bus.
By Fenderputty Go To PostI mean 5 rental properties gonna net you 15-18k a month before taxes and the asset will just keep growing in so cal
yes but then you'll be a landlord, and is hell worth it?
By giririsss Go To Postexcept the principals value decreases over time due to inflation.Invest 4m in an ETF, you’ll get 7% from that with relative ease, live off 120k a year and coast
You actively need to re-invest in it.
All, so much easier said, than done.
By bud Go To Posti've had nightmares about something similar.So I read more into this and Travis Scott and the people who "managed" that event should be in such deep shit.
i'm on a bus and some very dishevelled looking dude is wanting to inject me with something and no one wants to help me and i can barely move my legs to get away from him or out of the bus.
By Patriotism Go To Postyes but then you'll be a landlord, and is hell worth it?At 18k a month you're hiring someone to manage, usually someone living rent free at one of the properties to take care and process any issues. That's how I would do it anyways.
I'm a landlord and understand the stress of having tenants, but I'm in the market right now to add more to my portfolio, the pain is worth it if managed properly.
So your $4mil investment would take 20 years to recoup? Unless the plan is to sell ten years in and even then
By reilo Go To PostSo your $4mil investment would take 20 years to recoup? Unless the plan is to sell ten years in and even thenI would put the least amount possible as a down payment with the historical low interest rates right now, then let the tenants make up the difference over 25/30 term. Essentially the tenants pay off your debt, you recoup your low down deposit fast.
I wouldn't even want the mortgages to be paid off fast either, I would add as much debt as I can while growing my portfolio.
The name of the game is to be comfortable with debt, take risks, avoid taxes wherever possible and ensure there is constant expendable debt on the properties (i.e., don't pay them off).
Canada is adding a whopping 400,000+ new immigrants per year, the goal is to get to 50 million population ASAP. It's one of the greatest countries in the world, real estate will likely always be lucrative here. Or not, who knows.
The money still doesn't add up to me feels like you're fiddling at the margins for passive income rather than reinvest in the markets long term that can double that or even triple that during good times like Jessal said.