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[–]ifuckredditsnitches_Resident Pajeet 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

I think it's better to leave what you have in and buy up more shares at the bottom. Then when the economy is inevitably pumped up you'll have a healthy profit. You can still become a millionaire from it over the years, it's just rarely an overnight thing unless you're incredibly lucky and stupid enough to gamble that much money. But being a millionaire itself has a totally different implication today than years ago, if you're a 7 figure net worth that just means a comfy middle class retirement these days.

The way normal people get rich really fast is usually through real estate, something like 75% of millionaires are minted there. But really the reason why is that real estate debt is the easiest and cheapest debt for normies to get and you need leverage to really make money. Access to debt is what's made the advantage for the Western elites for centuries. Arguably India and China were colonized because of Rothschild financing.

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

nah it's best to buy low and sell high of course

real estate is costly cuz of taxes, the rich can get out of paying it of course

[–]ifuckredditsnitches_Resident Pajeet 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun -  (0 children)

nah it's best to buy low and sell high of course

Only if you're after short term profits for the long term dollar cost averaging is better

real estate is costly cuz of taxes, the rich can get out of paying it of course

Real estate as a primary profession is only really feasible if you have better than market rates from some kike private lender. It's basically selling your soul to the jew in the hopes of striking it big but the more over-leveraged you are the further you fall if everything crashes, your tenants leave, etc. There's this guy on youtube called Graham Stephan who's basically a real estate autist. Millionaire at 26 but in debt up to his eyeballs.