• HeyJoe@lemmy.world
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    6 hours ago

    I know its just a statement, but as someone who just went through all of this honestly the process of eviction is incredibly slow if you have a mortgage (im sure renting is not as forgiving). Its taken years of racking up credit card debt until they were maxed out, then i fell behind on my mortgage for months and eventually did a modification of the loan to settle off the money not paid. Then I fell back into not paying the mortgage again for about 8 months before they started forclosure. Once forclosure started I filed for bankruptcy which stops forclosure and takes months before thats settled out. Now everything is settled and I finally got everything back in order, but if I didnt I asked my lawyer what would happen if I didnt pay and it would then take months again before forclosure started and I can then switch the bankruptcy to a sale of the home which gives me a protection of like 8 months or more depending on the judge to sell and pay the debt.

    This makes it feel so easy, but I can assure you living through it is incredibly stressful and not fun times… but the point is even in your worst point in life there are some ways to keep you from going to the streets for a little longer thankfully.

    • RememberTheApollo_@lemmy.world
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      15 hours ago

      Unfortunately billionaire doesn’t really work either. Nobody’s becoming a billionaire in 3 months.

      There is no word that easily rolls off the tongue. We’re stuck with multi-millionaire.

      Regular millionaires are everywhere. They have a house that’s probably worth a half-mil, which is super common, and then combined retirement savings for two people of $250k each at age 50 and poof, there’s your millionaires.

      Being a millionaire is middle class. What’s worse is that it takes being a millionaire to be middle class.

      • Akh@lemmy.world
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        12 hours ago

        After nearly 20 years of building a client base, I am being made equity. I know a lot of people making 500k plus that are upper middle class do to cost of living…

      • javasux@lemmy.world
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        23 hours ago

        Winning the lottery, unexpected inheritances, game show win, lots of things

        • ExLisper@lemmy.curiana.net
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          23 hours ago

          Yes, and everyone is one very bad day away from being dead.

          They are talking about working or losing work, not about some random events.

        • MBech@feddit.dk
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          19 hours ago

          None of that is realistic though.

          In the same vein I could in theory find 1 trillion dollars on the sidewalk tomorrow, but is there any point in ever considering that an actual possibility?

          • Corkyskog@sh.itjust.works
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            16 hours ago

            It’s realistic, just not probable. I know 3 different people who won over a million dollar scratcher and know of 4 others through one degree separation.

            All but one of those was a problem gambler. But my point is, if you waste enough money it becomes realistic, if not probable.

      • ParlimentOfDoom@piefed.zip
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        17 hours ago

        If you’ve been investing regularly since you started working, a couple good months in the market could tick you over the milestone.
        Hitting 1 million is very achievable with a half decent job over a decade or two.

            • leg@leminal.space
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              11 hours ago

              They read the comment you responded to. You sounded like you were answering the question posed in that comment, when in fact you were just…saying stuff related to the question, without answering it?

              • ParlimentOfDoom@piefed.zip
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                8 hours ago

                3 good months can turn a several hundred thousandaire into a millionaire.

                Was my point, and highlighted in the first sentence. A million is not an insurmountable achievement for a working individual

                • leg@leminal.space
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                  7 hours ago

                  For an *investing individual. But yeah, you make a good technical point. If you start investing right now, it would take quite a bit more than some good months to hit a million though.

          • IronBird@lemmy.world
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            16 hours ago

            dont buy it then, more for me.

            actual tradable float is much smaller than it appears to be, will be ran back up to 15+ again here soon. from there it’ll only be a measly 25x

        • Kaligalis@lemmy.world
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          16 hours ago

          That sounds like a high-risk investment. But grats if you bought it before it got through the roof. Definitely sell it before it falls.

  • Kaligalis@lemmy.world
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    16 hours ago

    No, we aren’t. There is no war. There was a war a few decades ago when students were on the streets protesting against Vietnam and Communism was haunting the middle class’ restless dreams.
    That war is over. Our parents lost it. The Epstein Island class owns the government. We aren’t fighting.
    Luigi sacrificed himself to ignite a new war. He failed because we still have too much to lose.

    • Cowbee [he/they]@lemmy.ml
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      15 hours ago

      Meanwhile, socialism is rising in popularity, and revolutionary socialist parties are growing at faster and faster rates. This kind of doomerism isn’t tied to material reality, and critically prevents us from actually doing what’s necessary.