Wife and I set up a custodial account for my 17 yr son when he was first born. Just a simple account and seeded with around the annual federal gift tax amount every year for a couple. Auto set it and forget it. A decade in we moved it to something a little more responsibe with better protections. Good kid, he does not know he even has it.
Anyone who gets to $8M is going to create generational wealth from what we've seen. If you get $10M unless you're from a rust fund it means you build and exit businesses
Which means you'll earn for decades after and print crazy numbers
As someone On the other side of peak performance age…listen to Bull, young bucks…time is everything. You can always make more money. I’d give it all up to be 25 again.
https://med.stanford.edu/news/all-news/2024/08/massive-biomolecular-shifts-occur-in-our-40s-and-60s--stanford-m.html
Dropping this here for those who keep debating about aging
Interesting!
Wife and I set up a custodial account for my 17 yr son when he was first born. Just a simple account and seeded with around the annual federal gift tax amount every year for a couple. Auto set it and forget it. A decade in we moved it to something a little more responsibe with better protections. Good kid, he does not know he even has it.
Smart
$8 doesn’t seem enough. I’m here for generational wealth.
Anyone who gets to $8M is going to create generational wealth from what we've seen. If you get $10M unless you're from a rust fund it means you build and exit businesses
Which means you'll earn for decades after and print crazy numbers
True.
"Source: We made this up" lmao
Building a banker style slide on the topic is peak autismo ❤️
Only way to get Lady Luck to love you is to get in the trenches and get moderate success so you chill out and not have to worry about stuff
Lose the neediness by getting reps in..bleed and sweat a little.
Then the crazy upside awaits…
As someone On the other side of peak performance age…listen to Bull, young bucks…time is everything. You can always make more money. I’d give it all up to be 25 again.
Yeah once past peak performance can feel the slip, kinda sucks
That luck chart lmao
Straight up facts!
“Source”- lmao.
I agree with Lady’s Law because it worked for me IRL, but I can’t wrap my head around the dichotomy.
If “you feel constant pressure to not let everyone else down” aren’t you supposed to “always LFG hyped”?
What’s the balance? Work hard but not care about the outcome?
Pretty much. As the old saying goes ‘relax…nothing is under control’
So.
You think if you had had 2m at 23 you'd mess with leverage? (Totally get the cars and girls and liq)
That's crazy lol.
What kind of people does leverage attract? Outside of bleeding edge alpha seekers that is
Would prob be blown up by spending not the leverage at that age