Dude....not even. $1000 dollars your’e sitting at the kids table. No way to acquire real estate or stock options. Your basically buying an ounce of blow and selling 20 bags. With $1,000,000 you can actually sit at the grown up table and get that money working for you. Not saying it’s easy but at least it’s possible.
That’s ridiculous. Like $1,000 gets you nothing but $1,000,000 buys you a seat at the big boys table and guarantees you a billion (thousand million)
You can’t sit at the big boys table with $1,000. But you can’t sit at the super big boys table with $1,000,000 either.
Yes, it takes a long time to go from $1,000 to $1,000,000 with lots of incremental transactions along the way all with the potential for loss...
just like it takes lots of time, skill, and savvy to go from $1,000,000 to $1,000,000,000 with lots of incremental transactions along the way all with the potential for loss.
Trump starting with a million dollars in no way guaranteed he’d end up with a billion.
But that’s the argument you seem to be making... “because he got to sit at the big boys table”
And you literally said going from a milllion to a billion was passionless. Like Trump hasn’t shown more passion than almost any public figure you could conceivably name. Both in his presidency and even before (there’s a reason he was a household name)
Damn autocorrect, it was to read possible. We all know the Don has passion. And a million does not get you a seat at the big big boy table, I get that. It’s just a far more advantageous position to be in, and not the same in my opinion as just having $1000.
I agree, it is a far more advantageous position to be in. But a billion is a much higher hurdle to reach too.
If you can find a way to double a thousand to two thousand why can you not, in theory, do it again? and again 1,000 times.
Just like you’d have to do to your first million a thousand times to reach a billion.
And it’s not that hard to turn a thousand into two thousand. People do it all the time.
My next door neighbors basically live off buying and selling junk and fixing it up. People start Amazon accounts selling stuff they buy at thrift stores and make a living off of it.
It’s not easy. But it’s not harder than making consistently profitable real estate deals.
And that’s not even to mention that you can get into real estate with 1,000 bucks too. I bought an option on a house once for a hundred bucks. If I could have found a buyer in the two month option period I would have pocketed the money I sold it for (in excess of my optioned price)... it’s called flipping houses.
I didn’t because that wasn’t my goal. But the point is that you don’t need a million dollars to make money in real estate.
And it’s no harder to turn $1,000 into $2,000 than it is to turn 1,000,000 into 2,000,000. And on from there.
Dude....not even. $1000 dollars your’e sitting at the kids table. No way to acquire real estate or stock options. Your basically buying an ounce of blow and selling 20 bags. With $1,000,000 you can actually sit at the grown up table and get that money working for you. Not saying it’s easy but at least it’s possible.
That’s ridiculous. Like $1,000 gets you nothing but $1,000,000 buys you a seat at the big boys table and guarantees you a billion (thousand million)
You can’t sit at the big boys table with $1,000. But you can’t sit at the super big boys table with $1,000,000 either.
Yes, it takes a long time to go from $1,000 to $1,000,000 with lots of incremental transactions along the way all with the potential for loss...
just like it takes lots of time, skill, and savvy to go from $1,000,000 to $1,000,000,000 with lots of incremental transactions along the way all with the potential for loss.
Trump starting with a million dollars in no way guaranteed he’d end up with a billion.
But that’s the argument you seem to be making... “because he got to sit at the big boys table”
And you literally said going from a milllion to a billion was passionless. Like Trump hasn’t shown more passion than almost any public figure you could conceivably name. Both in his presidency and even before (there’s a reason he was a household name)
Give me a break
Damn autocorrect, it was to read possible. We all know the Don has passion. And a million does not get you a seat at the big big boy table, I get that. It’s just a far more advantageous position to be in, and not the same in my opinion as just having $1000.
I agree, it is a far more advantageous position to be in. But a billion is a much higher hurdle to reach too.
If you can find a way to double a thousand to two thousand why can you not, in theory, do it again? and again 1,000 times.
Just like you’d have to do to your first million a thousand times to reach a billion.
And it’s not that hard to turn a thousand into two thousand. People do it all the time.
My next door neighbors basically live off buying and selling junk and fixing it up. People start Amazon accounts selling stuff they buy at thrift stores and make a living off of it.
It’s not easy. But it’s not harder than making consistently profitable real estate deals.
And that’s not even to mention that you can get into real estate with 1,000 bucks too. I bought an option on a house once for a hundred bucks. If I could have found a buyer in the two month option period I would have pocketed the money I sold it for (in excess of my optioned price)... it’s called flipping houses.
I didn’t because that wasn’t my goal. But the point is that you don’t need a million dollars to make money in real estate.
And it’s no harder to turn $1,000 into $2,000 than it is to turn 1,000,000 into 2,000,000. And on from there.