Board 8 > six figure income base [foolmo] [ulti] [sephsg]

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Dantezoid
03/24/17 4:15:12 PM
#1:


I'm just finishing my third glass of red wine for the night, and thought it would be good to have a new hangout for the elite

How are you gentlemen doing tonight?
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Chaeix
03/24/17 4:16:14 PM
#2:


sabotage
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Dantezoid
03/24/17 4:16:37 PM
#3:


hahaha what a rambunctious youth
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Chaeix
03/24/17 4:17:16 PM
#4:


that's what you get for stealing best new user of 2008 from me b****
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Dantezoid
03/24/17 4:18:18 PM
#5:


Mad respect for knowing from memory what year I started that
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The Mana Sword
03/24/17 4:18:36 PM
#6:


wait a second
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Theo72
03/24/17 4:19:08 PM
#7:


The Mana Sword posted...
wait a second

???
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Shaduln
03/24/17 4:24:07 PM
#8:


Are we counting family income or just single person income?
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Dantezoid
03/24/17 4:26:01 PM
#9:


I mean I could add 8 incomes together and hit 500k easy, we're obviously talking single person incomes
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transcience
03/24/17 4:26:32 PM
#10:


welcome to the big leagues
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iphonesience
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Shaduln
03/24/17 4:26:59 PM
#11:


OK but do you live with all of those people and share a bank account because I feel like that kind of makes a difference and I want red wine too.
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ShatteredElysium
03/24/17 4:27:51 PM
#12:


Oh cool a club for me too!
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Dantezoid
03/24/17 4:28:52 PM
#13:


I was going to tag you SE but I was going to spell it 'esylium' and decided to save myself the embarrassment
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mnkboy907
03/24/17 4:29:09 PM
#14:


can numbers after the decimal point count
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Dantezoid
03/24/17 4:30:44 PM
#15:


mnkboy907 posted...
can numbers after the decimal point count

mnkboy907 posted...
can numbers after the decimal point count

mnkboy907 posted...
can numbers after the decimal point count

mnkboy907 posted...
can numbers after the decimal point count

mnkboy907 posted...
can numbers after the decimal point count

mnkboy907 posted...
can numbers after the decimal point count

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ChaosTonyV4
03/24/17 4:31:17 PM
#16:


I wouldn't even know what to do with a six figure single income.
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SeabassDebeste
03/24/17 4:31:44 PM
#17:


congrats!

what are the long term and short term financial goals from here?
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neonreaper
03/24/17 4:32:03 PM
#18:


ChaosTonyV4 posted...
I wouldn't even know what to do with a six figure single income.


save it retire early
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Mobilezoid
03/24/17 4:32:40 PM
#19:


Damn, I wanted to post here but I make seven figures
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#20
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Drakeryn
03/24/17 4:33:00 PM
#21:


is this the topic
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ChaosTonyV4
03/24/17 4:33:11 PM
#22:


Also for the six figure income people, what do you do?
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Dantezoid
03/24/17 4:33:33 PM
#23:


Yeah I live like I did in college

Only with a finance guy involved
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LordoftheMorons
03/24/17 4:34:50 PM
#24:


More like invest it!
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ShatteredElysium
03/24/17 4:34:59 PM
#25:


neonreaper posted...
ChaosTonyV4 posted...
I wouldn't even know what to do with a six figure single income.


save it retire early


Pretty much this.

My outgoings for a month are generally around the $2100-2500 mark. Usually on the lower end. And that's with me overspending on rent (I pay $1300 for a 1 bedroom apartment in Orlando)

ChaosTonyV4 posted...
Also for the six figure income people, what do you do?


Corporate trainer.
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Dantezoid
03/24/17 4:35:53 PM
#26:


I build nuclear power plants
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Bane_Of_Despair
03/24/17 4:38:19 PM
#27:


Eh I drink red wine anyway
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Colegreen_c12
03/24/17 5:09:51 PM
#28:


Give me 2 years and i will.

And i also save all my money
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Chaeix
03/24/17 5:12:02 PM
#29:


ShatteredElysium posted...
neonreaper posted...
ChaosTonyV4 posted...
I wouldn't even know what to do with a six figure single income.


save it retire early


Pretty much this.

My outgoings for a month are generally around the $2100-2500 mark. Usually on the lower end. And that's with me overspending on rent (I pay $1300 for a 1 bedroom apartment in Orlando)

ChaosTonyV4 posted...
Also for the six figure income people, what do you do?


Corporate trainer.

i'm graduating management (hr) and psychology this year you should hire me
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#30
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Dantezoid
03/24/17 5:19:20 PM
#31:


Yeah I included ulti for investment returns, which is absolutely legitimate income and if you disagree you're just jealous
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bng_mmmk
03/24/17 5:19:46 PM
#32:


Can we talk about cost of living though.
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Dantezoid
03/24/17 5:20:52 PM
#33:


Sure, I live in the middle of Georgia with the lowest cost of living you can imagine

It's great
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greengravy294
03/24/17 5:23:34 PM
#34:


Can i join cuz im gonna inherit alot of money and cool stuff

I mean if i cant thats ok too i can always be in the hector ownership club which is even MORE inclusive
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#35
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Regaro
03/24/17 5:28:58 PM
#36:


I would easily clear six figures if I moved to a high col area and got an appropriate adjustment.

Even as is I'll probably clear it within 5 years
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ninkendo
03/24/17 5:38:55 PM
#37:


Only 60k here im so poor
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Dantezoid
03/24/17 5:41:41 PM
#38:


ninkendo posted...
Only 60k here im so poor


1.5 years ago I only made 70k

Now I make 160k
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ninkendo
03/24/17 5:43:07 PM
#39:


Ill be paying back my school loans until im 50 so I'll never save money ;_;
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Dantezoid
03/24/17 5:44:13 PM
#40:


LMAO loans who didn't have school paid for
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SantaRPidgey
03/24/17 6:16:48 PM
#41:


Is this individual or household income
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KommunistKoala
03/24/17 6:27:04 PM
#42:


santa too poor to even read the topic
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Xiahou Shake
03/24/17 6:29:27 PM
#43:


UltimaterializerX posted...
I'm a vet tech, which pays nothing (I have the luxury of just doing what makes me happy), but with my money I invest and save it. I have my total worth over 5 million at this point, which is great.

Out of curiosity, Ulti, what do you invest in/how much did you get started with? I'm pretty much never going to come close to six figures short of a career change so I kinda need to figure out the whole investing thing. >_>
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Colegreen_c12
03/24/17 6:34:21 PM
#44:


just invest in berkshire hathaway or a s&p 500 etf.
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foolm0r0n
03/24/17 6:36:25 PM
#45:


Why is ulti here lmao. Use your 6 figs to buy yourself a dictionary Dante. Also sephG works too much to ever see this topic, let alone spend his money.

So I guess it's just us two rich engineering nerds who can actually use our money.
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foolm0r0n
03/24/17 6:38:30 PM
#46:


Dantezoid posted...
1.5 years ago I only made 70k

Now I make 160k

Damn that's pretty fast. But have you hit your ceiling already? I went 45 to 130 in 2.5 years but I think I might have 1 more income boost in me.
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foolm0r0n
03/24/17 6:41:25 PM
#47:


bng_mmmk posted...
Can we talk about cost of living though.

Work from home so I can live in one of the cheapest housing market cities
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neonreaper
03/24/17 6:56:01 PM
#48:


LordoftheMorons posted...
More like invest it!


well, sure. the luxury of having money is that it can do the work for you. with an ex-wife two mortgages (two houses) a kid and an expensive area I certainly don't pile up the cash BUT I do have money working for me.

I had a lot of student loans when I got out. I can't imagine having them and not having the job I had.
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ShatteredElysium
03/24/17 7:29:32 PM
#49:


I'm lucky in that I have no debt, no kids and I don't have to pay my wife (who I separated from recently) any money. Although I did let her have the house.

I'm unlucky in that because I have money and no family in the country, I am probably going to drink years off my life dealing with it. so I'll need that early retirement!
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foolm0r0n
03/24/17 7:41:40 PM
#50:


Just pay a therapist to cure your alcoholism.

Rich people don't realize there exists an engine that converts money into solutions for literally all your problems. Just seek it out.
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