• 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.