Get rich quick schemes
- fightinfrenchman
- Ninja
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- Location: Pennsylvania
Get rich quick schemes
So after just over a week at my new job I've realized that I hate working and want to never have to do it again. So let's all use this thread as a place to brainstorm ideas that let you get rich fast and retire basically immediately without having to wake up at any specific time ever again.
Dromedary Scone Mix is not Alone Mix
- edeholland
- ESOC Community Team
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Re: Get rich quick schemes
It’s called quit your job and collect state benefits
- fightinfrenchman
- Ninja
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- Mr_Bramboy
- Retired Contributor
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Re: Get rich quick schemes
Get a degree and stop spending time on an aoe3 forum.
- Riotcoke
- Retired Contributor
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Re: Get rich quick schemes
Nice joke.Mr_Bramboy wrote:Get a degree and stop spending time on an aoe3 forum.
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- Jaeger
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Re: Get rich quick schemes
Invest in Bitcoin
- [TLDT]Amsterda
- Dragoon
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Re: Get rich quick schemes
Sell some service which doesn't require you to put in any work other than initially. If you do go for some real estate investments which you should, get fixed rate 100% offset loans (more common in Australia availability by region differs) so you can remove the offset during/after a financial crisis to earn lots of money trading. With lowly priced real estate you'll often find options which will bring in a disproportionate amount of rental income compared to higher priced real estate so you can go for that if you can be bothered with managing tenants which can be quite a pain. Find something preferably legal which you can choose to put time into at pretty much any moment for extra $ even if it isn't something that quick to get into like if you get a gia certificate and do the cutting yourself that's an easy 15k a week or if you'd like to travel or whatever you could do some advantage play in casinos although you'd have to check which methods are legal in the relevant jurisdiction not that you'd be likely to be caught if you used a method that's illegal in some place but you'd rather avoid doing it illegally right and of course avoid games which will only give you a small edge, stick to what gives you the highest edge I'd recommend avoiding the jurisdictions where the best options aren't legal cus you don't want to waste time with some game or method that gives you a lower edge and keep in mind the better options will incur more startup costs for equipment.
Re: Get rich quick schemes
So basically, become a hooker in Amsterda?[TLDT]Amsterda wrote:Sell some service which doesn't require you to put in any work other than initially. If you do go for some real estate investments which you should, get fixed rate 100% offset loans (more common in Australia availability by region differs) so you can remove the offset during/after a financial crisis to earn lots of money trading. With lowly priced real estate you'll often find options which will bring in a disproportionate amount of rental income compared to higher priced real estate so you can go for that if you can be bothered with managing tenants which can be quite a pain. Find something preferably legal which you can choose to put time into at pretty much any moment for extra $ even if it isn't something that quick to get into like if you get a gia certificate and do the cutting yourself that's an easy 15k a week or if you'd like to travel or whatever you could do some advantage play in casinos although you'd have to check which methods are legal in the relevant jurisdiction not that you'd be likely to be caught if you used a method that's illegal in some place but you'd rather avoid doing it illegally right and of course avoid games which will only give you a small edge, stick to what gives you the highest edge I'd recommend avoiding the jurisdictions where the best options aren't legal cus you don't want to waste time with some game or method that gives you a lower edge and keep in mind the better options will incur more startup costs for equipment.
- [TLDT]Amsterda
- Dragoon
- Posts: 364
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Re: Get rich quick schemes
Pls no hookers in me.Horsemen wrote:So basically, become a hooker in Amsterda?[TLDT]Amsterda wrote:Sell some service which doesn't require you to put in any work other than initially. If you do go for some real estate investments which you should, get fixed rate 100% offset loans (more common in Australia availability by region differs) so you can remove the offset during/after a financial crisis to earn lots of money trading. With lowly priced real estate you'll often find options which will bring in a disproportionate amount of rental income compared to higher priced real estate so you can go for that if you can be bothered with managing tenants which can be quite a pain. Find something preferably legal which you can choose to put time into at pretty much any moment for extra $ even if it isn't something that quick to get into like if you get a gia certificate and do the cutting yourself that's an easy 15k a week or if you'd like to travel or whatever you could do some advantage play in casinos although you'd have to check which methods are legal in the relevant jurisdiction not that you'd be likely to be caught if you used a method that's illegal in some place but you'd rather avoid doing it illegally right and of course avoid games which will only give you a small edge, stick to what gives you the highest edge I'd recommend avoiding the jurisdictions where the best options aren't legal cus you don't want to waste time with some game or method that gives you a lower edge and keep in mind the better options will incur more startup costs for equipment.
Re: Get rich quick schemes
Getting rich quick is a meme, but you can get rather well off in the span of 5-10 years with basic personal finance advice. Make sure to make the maximum $6,000 contribution to your Roth IRA. If your employer offers one, and you're fairly healthy, try and get an HSA/HDHP too. Build your credit as soon as possible, so that you can get good interest rates. An effective strategy is to mortgage a house to live in, and once you build around 20k in equity, do a cash-out refinance and use that money as the down-payment on an investment property, while you can still keep your home. This is far better than renting, because renters don't earn equity on their housing payments; whereas, a homeowner will have a sort of savings account in the form of home equity, that they can utilize strategically.
Very few people will have noteworthy capital while they're young, so it's important to pay attention to cash flow. Try and cut down on expenses as much as possible, things like netflix and cable aren't really necessary. You can also find some pretty good coupons to help lower expenses; they're almost always free. For awhile my mom was the sort to obsessively coupon, but you don't need to get crazy with it. Just casually looking through what's available before heading to the store is good enough. Credit cards are also great, if you use them correctly. Pay back the entire balance at the end of the month, and collect points/cash back. Because you don't pay interest if you don't carry a balance, and you always get rewards on spending, there is no reason to use cash when you could use a card. You can get some great deals with credit cards. I think Amex offers like 3% back on groceries. You can find others for gas, cell phone bills, amazon, and virtually anything else.
Your income is also important, albeit harder to change. It's practically impossible to escape wage-slavery making under 40k a year, unless your parents will let you live with them and pay for all your expenses. If you make less than that, earning a degree or technical certificate could prove fruitful. Try and avoid heavy student loans, however. There are so many "non-starters" among American youth, specifically because student loan payments stop them from building savings.
Very few people will have noteworthy capital while they're young, so it's important to pay attention to cash flow. Try and cut down on expenses as much as possible, things like netflix and cable aren't really necessary. You can also find some pretty good coupons to help lower expenses; they're almost always free. For awhile my mom was the sort to obsessively coupon, but you don't need to get crazy with it. Just casually looking through what's available before heading to the store is good enough. Credit cards are also great, if you use them correctly. Pay back the entire balance at the end of the month, and collect points/cash back. Because you don't pay interest if you don't carry a balance, and you always get rewards on spending, there is no reason to use cash when you could use a card. You can get some great deals with credit cards. I think Amex offers like 3% back on groceries. You can find others for gas, cell phone bills, amazon, and virtually anything else.
Your income is also important, albeit harder to change. It's practically impossible to escape wage-slavery making under 40k a year, unless your parents will let you live with them and pay for all your expenses. If you make less than that, earning a degree or technical certificate could prove fruitful. Try and avoid heavy student loans, however. There are so many "non-starters" among American youth, specifically because student loan payments stop them from building savings.
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- Ninja
- Posts: 14364
- Joined: Mar 26, 2015
Re: Get rich quick schemes
All these opportunities were afforded to me amd more, and it just wasn't worth it. What's life with too many floaties? You can't swim anywhere interesting. Or if you can, you're decrepit with age. Granted I started swimming with 15k worth of floaties, but it's depleting. And I'm starting my little doggy paddle now. That's mine.Amsel_ wrote:Getting rich quick is a meme, but you can get rather well off in the span of 5-10 years with basic personal finance advice. Make sure to make the maximum $6,000 contribution to your Roth IRA. If your employer offers one, and you're fairly healthy, try and get an HSA/HDHP too. Build your credit as soon as possible, so that you can get good interest rates. An effective strategy is to mortgage a house to live in, and once you build around 20k in equity, do a cash-out refinance and use that money as the down-payment on an investment property, while you can still keep your home. This is far better than renting, because renters don't earn equity on their housing payments; whereas, a homeowner will have a sort of savings account in the form of home equity, that they can utilize strategically.
Very few people will have noteworthy capital while they're young, so it's important to pay attention to cash flow. Try and cut down on expenses as much as possible, things like netflix and cable aren't really necessary. You can also find some pretty good coupons to help lower expenses; they're almost always free. For awhile my mom was the sort to obsessively coupon, but you don't need to get crazy with it. Just casually looking through what's available before heading to the store is good enough. Credit cards are also great, if you use them correctly. Pay back the entire balance at the end of the month, and collect points/cash back. Because you don't pay interest if you don't carry a balance, and you always get rewards on spending, there is no reason to use cash when you could use a card. You can get some great deals with credit cards. I think Amex offers like 3% back on groceries. You can find others for gas, cell phone bills, amazon, and virtually anything else.
Your income is also important, albeit harder to change. It's practically impossible to escape wage-slavery making under 40k a year, unless your parents will let you live with them and pay for all your expenses. If you make less than that, earning a degree or technical certificate could prove fruitful. Try and avoid heavy student loans, however. There are so many "non-starters" among American youth, specifically because student loan payments stop them from building savings.
Re: Get rich quick schemes
write a book about how to get rich.
- fightinfrenchman
- Ninja
- Posts: 23505
- Joined: Oct 17, 2015
- Location: Pennsylvania
Re: Get rich quick schemes
That's only quick if you believe in reincarnationRiotcoke wrote:Be born into money
Dromedary Scone Mix is not Alone Mix
- fightinfrenchman
- Ninja
- Posts: 23505
- Joined: Oct 17, 2015
- Location: Pennsylvania
Re: Get rich quick schemes
Yes that was the joke, thank you for explaining itMr_Bramboy wrote:In that case, just keep killing yourself until you get there.fightinfrenchman wrote:That's only quick if you believe in reincarnationRiotcoke wrote:Be born into money
Dromedary Scone Mix is not Alone Mix
- Riotcoke
- Retired Contributor
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Re: Get rich quick schemes
I got lucky this time then :)fightinfrenchman wrote:That's only quick if you believe in reincarnationRiotcoke wrote:Be born into money
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- fightinfrenchman
- Ninja
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Re: Get rich quick schemes
$5.5 million for "cereal for adults." What the fuck. How can I trick moron investors into giving me money for stupid ideas
Dromedary Scone Mix is not Alone Mix
Re: Get rich quick schemes
If that were cheaper I would totally buy it. Absolutely mirin' those nutritional facts.fightinfrenchman wrote:$5.5 million for "cereal for adults." What the fuck. How can I trick moron investors into giving me money for stupid ideas
- fightinfrenchman
- Ninja
- Posts: 23505
- Joined: Oct 17, 2015
- Location: Pennsylvania
- fightinfrenchman
- Ninja
- Posts: 23505
- Joined: Oct 17, 2015
- Location: Pennsylvania
Re: Get rich quick schemes
I found a good get rich quick scheme.
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Dromedary Scone Mix is not Alone Mix
Re: Get rich quick schemes
I've tried hacking the matrix to give myself more money. I called up the bank and said "Hey, can I get more money on my account?" And the nice lady on the phone said "Sure!" I looked at my account and they added $700. Now when I use the credit card my dad gave me, I can spend $700 more. I don't know why more people don't just do this. I guess you just can't expect much from NPCs.fightinfrenchman wrote:I found a good get rich quick scheme.
- fightinfrenchman
- Ninja
- Posts: 23505
- Joined: Oct 17, 2015
- Location: Pennsylvania
Re: Get rich quick schemes
You are an NPC because you're "programmed" to have more money. Also the moon is too bright tonightAmsel_ wrote:I've tried hacking the matrix to give myself more money. I called up the bank and said "Hey, can I get more money on my account?" And the nice lady on the phone said "Sure!" I looked at my account and they added $700. Now when I use the credit card my dad gave me, I can spend $700 more. I don't know why more people don't just do this. I guess you just can't expect much from NPCs.fightinfrenchman wrote:I found a good get rich quick scheme.
Dromedary Scone Mix is not Alone Mix
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