My financial advisor told me that I could spend $900 a day and still - Page 2 - GoFuckYourself.com

Theo · 09-10-2005, 10:20 AM

50

_____________

Translation · 09-10-2005, 10:24 AM

Quote:

Originally Posted by polish_aristocrat

nice trolling

exactly. this is bullshit 101. reminds of boiler room the movie. "Act as if." pretend you are rich and successful, to try and become rich and successful. i'm not buying one word of this bullshit, i bet this assclown has trouble making rent each month.

Translation · 09-10-2005, 10:25 AM

Quote:

Originally Posted by HighOnAcid

I'll post my financials if you're willing to post yours. My company did 7 figures last year and on pace for 8 figures this year. Do some research before talking shit, Mr. Average brokeass GFYer.

right, research your other bullshit threads where you try to pose as rich. i'll get right on that.

Chaldoray · 09-10-2005, 10:30 AM

Quote:

Originally Posted by HighOnAcid

I just sent you an email.

Can you send me an email too? I'd be interested.

Or icq me 237842929

VeriSexy · 09-10-2005, 10:31 AM

Quote:

Originally Posted by Juicy D. Links

Rob what kind of funds you vested in?

-JDL

Check this out dude

http://biz.yahoo.com/p/tops/all.html

Top Performers - 5 Year
BlackRock Global Resources Instl SGLSX 35.44%
Alpine U.S. Real Estate Equity Y EUEYX 35.07%
BlackRock Global Resources Inv A SSGRX 34.91%
BlackRock Global Resources Inv C SSGDX 34.03%
BlackRock Global Resources Inv B SSGPX 34.01%
Bruce BRUFX 33.68%
U.S. Global Investors Global Res PSPFX 31.28%
CGM Focus CGMFX 30.96%
U.S. Global Investors Eastern Europe EUROX 30.83%
ING Russia A LETRX 30.46%

Rob · 09-10-2005, 10:37 AM

Quote:

Originally Posted by Translation

right, research your other bullshit threads where you try to pose as rich. i'll get right on that.

Ironic that your nick is Translation but you totally lack any ability to translate anything. I've NEVER claimed to be rich in any thread I have EVER posted on GFY! Do a search and prove me wrong. Am I comfortable? Yes. Am I rich? Nope.

I'll be the first to admit that I'm not rich, not even close. Yet.

So shut your ball washers and go translate someone else's thread.

[Dan] · 09-10-2005, 11:05 AM

Great numbers.. But you need to continue to put 15k each year until you retire to get these figures at 65...

xNetworx · 09-10-2005, 11:22 AM

Quote:

Originally Posted by HighOnAcid

I'll post my financials if you're willing to post yours. My company did 7 figures last year and on pace for 8 figures this year. Do some research before talking shit, Mr. Average brokeass GFYer.

You are on pace to gross over 10M with acid flyers? Thats a lot of biz

Scootermuze · 09-10-2005, 11:31 AM

Lord knows what this world will be like when it's time for you to retire...

Folks are having their pension holders go belly up all the time.. Hopefully you have your bucks stored somewhere other than gov't backed...

Probably time for people to start burying money in the back yard again..

69pornlinks · 09-10-2005, 11:36 AM

Quote:

Originally Posted by Scootermuze

Probably time for people to start burying money in the back yard again..

won't make a difference once this becomes a cashless society

Scootermuze · 09-10-2005, 11:56 AM

Quote:

Originally Posted by 69pornlinks

won't make a difference once this becomes a cashless society

Tis true...

Hope it comes soon.. then I can get that big plasma screen tv I've been wantin'

yys · 09-10-2005, 12:24 PM

Why is everyone bitching at the guy?

If he never made another contribution and earned 6% a year, which is fairly easy, he would end up with over $2 million in the bank by the time he turns 65. If he had only started investing now he would have to contribute roughly $20,000 per year for the next 34 years to end up with the same total. That's the beauty of starting early.

for starting your retirement investments when you were young. Even if you never contribute another dime you'll end up with more then most at age 65.

$5 submissions · 09-10-2005, 06:51 PM

Quote:

Originally Posted by pimpporn

You are on pace to gross over 10M with acid flyers? Thats a lot of biz

That's also a lot of acid

chadglni · 12-18-2005, 08:22 AM

bumpity ;)

Rob · 12-18-2005, 09:53 AM

Quote:

Originally Posted by chadglni

bumpity ;)

Thanks, mate!

Tricksy · 12-18-2005, 11:13 AM

Congrats! I should probably start investing some money on my retirement...

Marshal · 12-18-2005, 11:17 AM

good luck with this one! i wish it is as good as it sounds!

jjjay · 12-18-2005, 01:04 PM

what a stupid thread

no future returns are guaranteed

sweetcuties · 12-18-2005, 01:10 PM

Quote:

Originally Posted by VeriSexy

Check this out dude

http://biz.yahoo.com/p/tops/all.html

Top Performers - 5 Year
BlackRock Global Resources Instl SGLSX 35.44%
Alpine U.S. Real Estate Equity Y EUEYX 35.07%
BlackRock Global Resources Inv A SSGRX 34.91%
BlackRock Global Resources Inv C SSGDX 34.03%
BlackRock Global Resources Inv B SSGPX 34.01%
Bruce BRUFX 33.68%
U.S. Global Investors Global Res PSPFX 31.28%
CGM Focus CGMFX 30.96%
U.S. Global Investors Eastern Europe EUROX 30.83%
ING Russia A LETRX 30.46%

Nice, however, past performance doesn't guarantee future results. My new philosophy is... do the opposite of what every other "mainstream" person is doing. For example... when you've got the avg person trying to make a fortune in real estate, that's a sign of changing times... thow a shitload in the market or visa versa. My funds do 10-20% a yr and I'm ok with it... I've learned not to chase market cycles. Dollar cost avg is the key

pornpf69 · 12-18-2005, 01:58 PM

you are a lucky dude!

MikeSmoke · 12-18-2005, 02:07 PM

Not to say anything about his specific numbers or plans or assumptions on interest rates, future income, etc.....
But there is an important lesson here.
If you start putting away for retirement when you're in your 20s and you'll have decades of compound interest to work with, you will have a MUCH happier life later on. I didn't start until my late 40s, and in order to try to put away the kind of money he's talking about into for retirement (e.g. 10+ mil to retire on) - it's a bitch.

Violetta · 12-18-2005, 02:20 PM

amazing... congrats!

Drake · 12-18-2005, 02:29 PM

Gone are the days of retirement for most of us. We'll work 'til we drop.

Jennyfer · 12-18-2005, 02:31 PM

well thought

Snake Doctor · 12-18-2005, 02:37 PM

Quote:

Originally Posted by montel

wow you are going to get 11% interest for the next 30 years! realistic assumption?!?!

If I'm not mistaken the S&P 500 has had a 12% average rate of return for the past 75 years.

So long term yes I think that's a realistic assumption.

As for the $900 a day and whatever else...I dunno, doesn't matter to me anyways.

chadglni · 03-09-2006, 06:55 AM

An Xbox 360 only costs around 2/3 of that.

grumpy · 03-09-2006, 07:10 AM

let me get this straight, for 12 years you have put a side between 4 and 12k a year. For the sake of it lets say its 10k a year. So in 12 years you have put a way 12 x 10 is 120k. Now you have this great financial advisor who tells you to spend 900 a day wich makes a total of 350 days times 900 is 315k a year.

Now or you are a nutcase of your financial advisor is a nut case or you both are.

my bad.....i was reading you were retiring now at the age of 31.

Egomancer · 04-08-2006, 06:41 AM

I think that you should start making some real money...

Egomancer

TheSenator · 04-08-2006, 06:46 AM

Lets.... you have a house, mortgage, three kids to put thru college and still have enough to spend on bling...

Damn....this thread is old.

wyldblyss · 04-08-2006, 07:04 AM

Looks like you learned early and are now reaping the rewards. Congrats

04-08-2006, 07:38 AM

With that much money you could pretend to buy 3 Xbox core systems a day and have daily fake contests on GFY! Awesome. Congrats.

Marshal · 04-08-2006, 07:49 AM

why are you bumping old threads?

DamageX · 04-08-2006, 08:05 AM

Quote:

Originally Posted by Egomancer

I think that you should start making some real money...

That sentence proves the exact opposite.

Raven · 04-08-2006, 09:13 AM

Quote:

Originally Posted by MikeSmoke

Not to say anything about his specific numbers or plans or assumptions on interest rates, future income, etc.....
But there is an important lesson here.
If you start putting away for retirement when you're in your 20s and you'll have decades of compound interest to work with, you will have a MUCH happier life later on. I didn't start until my late 40s, and in order to try to put away the kind of money he's talking about into for retirement (e.g. 10+ mil to retire on) - it's a bitch.

Agreed on the important lesson. I learned, early on, that Social Security is not something anyone should count on....and began investing very early.....

When my son was born, we began investing for him..not much, but it's been steady....

The market goes up. The market goes down...but, over a thirty year period of time, invest smart and there will be money....there are also other fairly safe ways to invest...the important part is do it for the long term, not the short..especially if you don't have nerves of steel.....

My personal favourites are dividend bearing stocks, like Pepsico and Dow....they just roll along....year after year...very steady and fairly safe...

detoxed · 04-08-2006, 09:16 AM

$4000 and $15,000 a year for 12 years does not equal 15 mil.

stevo · 04-08-2006, 12:50 PM

I'm 24, I have a Roth IRA, but that has a annual contribution limit of $4000. I then put all my money in high risk penny stocks (so far up 30k this year), but usually end up losing money. If you were my age, and had lets say 100k to invest, where would you put it - all mutual funds? Would you contribute monthly? After high school, i made a one time payment into a mutual fund, just before the 2000-2002 market fall. Right now its still down 50%. And my Roth IRA, with its monthly contributions is barely positive and will take many years to see results. Thats why i dont have much faith in investing, usually have negative results or takes too long.

Xaid · 04-08-2006, 01:47 PM

gratz, thats a pretty sweet deal ya got there.

supermann · 04-08-2006, 01:57 PM

-----------THIS THREAD IS BULLSHIT-------------------
Doesnt make any sense. Say you save 10K per year since 19 at 10% a year till you are 60. At 60, with compounding option for 41 years straight putting 10k every year, this would give you 4,787,518$ and thats WITHOUT spending ANYTHING! ....and we are assuming you are making 10% EACH AND EVERY SINGLE YEAR
Go check your advisor again and tell him to buy a new calculator, or ask him if you had to suck cocks everyday as income to make it to $15M.
-----------------THE END-------------------------

oh yeah, DONT FORGET TAXXXX!!! lol

supermann · 04-08-2006, 02:07 PM

and you are 31 now, spending 900 a day from now till 60 would cost you 9,526,500. At 60, without considering tax for your own sake, you would be at around $5 million deficit. -5,000,000 - 15,000,000(the promise of your advisor) = $-20,000,000.

Your advisor made a 20 million dollar mistake in his advice. You might wanna check another adivor.

John Marco · 04-08-2006, 02:44 PM

11% guaranteed off a retirement fund lol

Jensen · 04-08-2006, 03:00 PM

I'm expecting our national old fund to take care of me when I get old..

Young · 04-08-2006, 03:03 PM

Rob can't even fucking afford an XBOX 360. Nobody believed this shit back then...and they especially don't believe it now.

rmethod3642 · 04-09-2006, 01:08 PM

That's great. I'm a real big believer in investing.

Anyone who is depending on social security is nuts.

L-Pink · 04-09-2006, 02:01 PM

I think his point was not "what I have" ... but ... " what is possible if you start saving early" He also has the attitude required to make it happen.

edgeprod · 04-09-2006, 06:58 PM

Congrats man -- I've been doing the same thing since 19, it's definitely worth it .. if you have an extra $10-$20k hanging around every year, you can really make it work for you hardcore.

12-18-2005, 11:13 AM	#66
Tricksy Confirmed User Join Date: Aug 2004 Location: USA Posts: 2,601	Congrats! I should probably start investing some money on my retirement... __________________ Real-Bucks.com - Real Bucks for Real Webmasters.

12-18-2005, 11:17 AM	#67
Marshal Biz Dev and SEO Industry Role: Join Date: Jun 2005 Posts: 15,175	good luck with this one! i wish it is as good as it sounds! __________________ --- Busy ranking websites on Google...

12-18-2005, 01:58 PM	#70
pornpf69 Too lazy to set a custom title Join Date: Jun 2004 Location: Brasil Posts: 15,778	you are a lucky dude! __________________ Do you need cheap, fast and reliable porn website hosting? Host Head is the way to go!! Asian Gay Special \| Live on MSN - Live Webcam Chat \| Live Adult Webcam Performances \| MY SWEET BLACKS LIVE ON CAM Cash X \| OK Pay \| Pukka Ropes \| Pukka Fetish \| STRAPED BLOG \| Male Bound and Fucked Pukka Tranny \| Tattooed Shemales \| She's A He \| Menu Porno \| Porn Performances \| All Chubby MY ICQ# 169833797

12-18-2005, 02:07 PM	#71
MikeSmoke Confirmed User Join Date: Nov 2002 Location: SoCal Posts: 3,233	Not to say anything about his specific numbers or plans or assumptions on interest rates, future income, etc..... But there is an important lesson here. If you start putting away for retirement when you're in your 20s and you'll have decades of compound interest to work with, you will have a MUCH happier life later on. I didn't start until my late 40s, and in order to try to put away the kind of money he's talking about into for retirement (e.g. 10+ mil to retire on) - it's a bitch. __________________ icq: 541-739-92

12-18-2005, 02:20 PM	#72
Violetta Affiliate Join Date: Jul 2004 Posts: 28,735	amazing... congrats! __________________ M&A Queen

09-10-2005, 10:20 AM	#51
Theo HAL 9000 Industry Role: Join Date: May 2001 Posts: 34,515	50 _____________

09-10-2005, 11:05 AM	#57
[Dan] Confirmed User Join Date: Oct 2001 Location: Somewhere in time Posts: 143	Great numbers.. But you need to continue to put 15k each year until you retire to get these figures at 65...

09-10-2005, 11:31 AM	#59
Scootermuze Confirmed User Join Date: Dec 2001 Posts: 4,513	Lord knows what this world will be like when it's time for you to retire... Folks are having their pension holders go belly up all the time.. Hopefully you have your bucks stored somewhere other than gov't backed... Probably time for people to start burying money in the back yard again..

09-10-2005, 12:24 PM	#62
yys Confirmed User Join Date: Aug 2001 Posts: 1,922	Why is everyone bitching at the guy? If he never made another contribution and earned 6% a year, which is fairly easy, he would end up with over $2 million in the bank by the time he turns 65. If he had only started investing now he would have to contribute roughly $20,000 per year for the next 34 years to end up with the same total. That's the beauty of starting early. for starting your retirement investments when you were young. Even if you never contribute another dime you'll end up with more then most at age 65.

12-18-2005, 08:22 AM	#64
chadglni Confirmed User Join Date: Dec 2002 Location: PEI, Canada Posts: 6,924	bumpity ;)

12-18-2005, 01:04 PM	#68
jjjay Registered User Join Date: Jun 2005 Posts: 1,813	what a stupid thread no future returns are guaranteed

12-18-2005, 02:29 PM	#73
Drake Hello world! Industry Role: Join Date: Mar 2003 Posts: 12,508	Gone are the days of retirement for most of us. We'll work 'til we drop.

12-18-2005, 02:31 PM	#74
Jennyfer Confirmed User Join Date: Sep 2005 Location: Costa Rica Posts: 1,708	well thought __________________ PICK YOUR PPS! ICQ: 306-858-613 SIGN UP NOW!

03-09-2006, 06:55 AM	#76
chadglni Confirmed User Join Date: Dec 2002 Location: PEI, Canada Posts: 6,924	An Xbox 360 only costs around 2/3 of that. __________________ Sign up here - Dating Site affiliate program

03-09-2006, 07:10 AM	#77
grumpy Too lazy to set a custom title Join Date: Jan 2002 Location: Holland Posts: 9,870	let me get this straight, for 12 years you have put a side between 4 and 12k a year. For the sake of it lets say its 10k a year. So in 12 years you have put a way 12 x 10 is 120k. Now you have this great financial advisor who tells you to spend 900 a day wich makes a total of 350 days times 900 is 315k a year. Now or you are a nutcase of your financial advisor is a nut case or you both are. my bad.....i was reading you were retiring now at the age of 31. __________________ Don't let greediness blur your vision \| You gotta let some shit slide icq - 441-456-888 Last edited by grumpy; 03-09-2006 at 07:13 AM..

04-08-2006, 06:41 AM	#78
Egomancer Confirmed User Join Date: Dec 2005 Location: Bucharest, Romania Posts: 2,074	I think that you should start making some real money... Egomancer __________________ ICQ: 95-239-282 WWW: www.webprogrammers.eu WWW:www.seodev.eu Y!MSN: lord_ender If you want to outsource any work to Romania - here I am !!!! www.anotheranime.com \| www.autotrafic.ro \| www.jocurionline.ro

04-08-2006, 06:46 AM	#79
TheSenator Too lazy to set a custom title Industry Role: Join Date: Feb 2003 Location: NJ Posts: 13,335	Lets.... you have a house, mortgage, three kids to put thru college and still have enough to spend on bling... Damn....this thread is old. __________________ ISeekGirls.com since 2005

04-08-2006, 07:04 AM	#80
wyldblyss Confirmed User Join Date: Nov 2003 Location: The Buck Starts Here Posts: 5,779	Looks like you learned early and are now reaping the rewards. Congrats

04-08-2006, 07:38 AM	#81
evildick Guest Posts: n/a	With that much money you could pretend to buy 3 Xbox core systems a day and have daily fake contests on GFY! Awesome. Congrats. Last edited by evildick; 04-08-2006 at 07:40 AM..

04-08-2006, 07:49 AM	#82
Marshal Biz Dev and SEO Industry Role: Join Date: Jun 2005 Posts: 15,175	why are you bumping old threads? __________________ --- Busy ranking websites on Google...

04-08-2006, 09:16 AM	#85
detoxed vip member Join Date: Jan 2003 Posts: 17,798	$4000 and $15,000 a year for 12 years does not equal 15 mil.

04-08-2006, 12:50 PM	#86
stevo Confirmed User Join Date: Aug 2002 Location: Orlando, Florida Posts: 2,051	I'm 24, I have a Roth IRA, but that has a annual contribution limit of $4000. I then put all my money in high risk penny stocks (so far up 30k this year), but usually end up losing money. If you were my age, and had lets say 100k to invest, where would you put it - all mutual funds? Would you contribute monthly? After high school, i made a one time payment into a mutual fund, just before the 2000-2002 market fall. Right now its still down 50%. And my Roth IRA, with its monthly contributions is barely positive and will take many years to see results. Thats why i dont have much faith in investing, usually have negative results or takes too long.

04-08-2006, 01:47 PM	#87
Xaid Confirmed User Join Date: Mar 2006 Posts: 161	gratz, thats a pretty sweet deal ya got there.

04-08-2006, 01:57 PM	#88
supermann Confirmed User Join Date: Jul 2004 Location: Toronto Posts: 412	-----------THIS THREAD IS BULLSHIT------------------- Doesnt make any sense. Say you save 10K per year since 19 at 10% a year till you are 60. At 60, with compounding option for 41 years straight putting 10k every year, this would give you 4,787,518$ and thats WITHOUT spending ANYTHING! ....and we are assuming you are making 10% EACH AND EVERY SINGLE YEAR Go check your advisor again and tell him to buy a new calculator, or ask him if you had to suck cocks everyday as income to make it to $15M. -----------------THE END------------------------- oh yeah, DONT FORGET TAXXXX!!! lol Last edited by supermann; 04-08-2006 at 01:59 PM..

04-08-2006, 02:07 PM	#89
supermann Confirmed User Join Date: Jul 2004 Location: Toronto Posts: 412	and you are 31 now, spending 900 a day from now till 60 would cost you 9,526,500. At 60, without considering tax for your own sake, you would be at around $5 million deficit. -5,000,000 - 15,000,000(the promise of your advisor) = $-20,000,000. Your advisor made a 20 million dollar mistake in his advice. You might wanna check another adivor.

04-08-2006, 02:44 PM	#90
John Marco Confirmed User Join Date: May 2005 Posts: 912	11% guaranteed off a retirement fund lol __________________ WEBCAMS.COM $42+ PPS or revshare ICQ: 476-111 Google Talk: Webcams.com

04-08-2006, 03:00 PM	#91
Jensen Confirmed User Join Date: Apr 2001 Location: Norway Posts: 3,790	I'm expecting our national old fund to take care of me when I get old..

04-08-2006, 03:03 PM	#92
Young Bland for life Industry Role: Join Date: Nov 2004 Posts: 10,468	Rob can't even fucking afford an XBOX 360. Nobody believed this shit back then...and they especially don't believe it now.

04-09-2006, 01:08 PM	#93
rmethod3642 Registered User Join Date: Jun 2005 Posts: 55	That's great. I'm a real big believer in investing. Anyone who is depending on social security is nuts.

04-09-2006, 02:01 PM	#94
L-Pink working on my tan Industry Role: Join Date: Mar 2005 Location: Florida/Kentucky Posts: 39,151	I think his point was not "what I have" ... but ... " what is possible if you start saving early" He also has the attitude required to make it happen.

04-09-2006, 06:58 PM	#95
edgeprod Permanently Gone Industry Role: Join Date: Mar 2004 Posts: 10,019	Congrats man -- I've been doing the same thing since 19, it's definitely worth it .. if you have an extra $10-$20k hanging around every year, you can really make it work for you hardcore.