The VC/startup/side hustle world relies on an unending stream of smart, hardworking but financially naive twenty-somethings to sustain it, and this post encapsulates that perfectly.
Show this thread
The self storage account says some dumb shit, but this has to be the dumbest of the dumb shit. Ignoring that you’re gonna get taxed on your $50/mo as well, you could just stick the $1m in 30Y treasuries and earn 2.2% or $1,833/month for no risk, so the $1m deal is 36x betterpic.twitter.com/Xq4BTubLZn
-
-
-
Thing is, even if he was trolling — which I am not sure of — his serious posts are dumb enough that it was incredibly easy to believe that this was just another earnest-but-dumb post.pic.twitter.com/p227IFqTnp
Show this thread
End of conversation
New conversation -
-
-
The tweet betrays that he doesn't actually know what passive income is
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
but less hustle
-
Ya if you take the 1 million what’s your return on hustle(ROH)? With $50/mo you get to roll up your sleeve and grind, building and establishing your brand with an emailed newsletter(50,000 subs in 3 months). For $1 million can’t buy you hustle.
- Show replies
New conversation -
-
-
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
He’s trolling
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
$600 a year even if you live 100 years is only 60k, did he forget a zero or something? i'm so confused.
-
I think the original guy just made a dumb mistake and missed a zero or two, happens to the best of us. The self storage guy is a moron who can’t see past the end of his own ego.
- Show replies
New conversation -
-
-
and this doesn't even factor in putting that post-tax 1mm in the transmuter instead
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.