Quote:
Originally Posted by layinglow
yeah, sorry, it is only 1 mil, and it just happened today. but it is post tax income.
kind of depressing when I look at my taxes paid.
It's one of those from nothing to something stories- motivate some newbies.
I had $76.87 in my checking account when I started porn.
I have that statement framed on my wall next to my desk.
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Don't knock it - well done and congrats
Couple of things - suggest you do not have that level of balance in any account. You have entered the world of distrust - the next thing to watch for is bank problems and any "new friends". Banks are unlikely to insure that account balance, so worth spreading it.
Another point is - it's worth investing a portion, but only in secure areas with proven growth. Forget the US property market - at least for the moment, but there will be good opportunities there soon. Look wider - there are a number of places with excellent potential - eg one quarter of your balance invested around 4 years ago in the right place, would be worth fractionally over a mill now.
Also remember the international value of your earnings - the dollar is worth less now. That may have relevance depending....
And... what next??
Repeat again, but from a better base - well done man