How to reach $10M in my 30-ish?
Background: 25 yo - starting my career with $180k TC. I wonder if there is any suggestions / advice / learned lessons to reach $10M net worth in my 30-ish. Should I grind for coparate ladder? Or should I start my own startup? Or Should I do something else? Any tips or advice would be greatly appreciated.
Start with 9MM.
Buy a lot of MU $90 calls
This guys wsbs
BYND
Extreme option with still low probability. 1. Your own successful startup. 2. Top HFT with path breaking idea 3. Gambling/ Stocks 4. Marry someone rich
Never heard of HTF. Thanks for your sugguestion
Cryptocurrency
StableCoin :p ?
Corp ladder isnât gonna get you 10M. You need to average 1.5M+ income per year to hit 10M after taxes
Property
Exactly
Go to a vegas roulette table with $1, put it on black and let it ride for 24 spins.
I would suggest red. I tried black and it didn't work for me.
I suggest black. It worked for me.
There is no way climbing corporate ladder can get you 10 mil by 30-ish. Successful start up can get you there(or fail miserably) but require some luck. I would say follow your heart and just do it without regrets. Another option is to become a really good investor(some initial capital required though).
25->38. Save 50% TC. 33% will go to taxes and keep to 17% rent. Diversify extremely for 6% years gains. Promo/jump ship to 250k in a couple years, 350k after a few more years, 500k after a few more. Itâs possible
Oh wow. Itâs hard to imagine myself could possibly make 500K. I am currently working as an junior SWE at a non-FAANG company in the Bay Area.
That math doesnât add up at all.. calculation pls?
Not going to happen.
Why?
if there was an easy answer to make $10 million in 5 years thereâd be a lot more people with $10 million