r2150523
Regular Member
- Dec 26, 2024
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Sorry, can you use more explicit language to explain, elaborate?
[Life Advice for 18-30] How to Get Stupidly Wealthy
- Thread starter splishsplash
- Start date
- Oct 9, 2013
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Yeah, I like this approach to live like a retired person before you're 30.Once you secure basic stuff, you can hustle with clear head.
It's basically a 3-phase approach, whether you do it with $200/mo or you can seed 6 figures a month.
phase 1: 20-30 - Live cheap. Put all your money into s&p 500 every month. Earn as much as you can. Work 80 hours a week or as much as you can.
Age 30-40 - Let it compound. Start living. Spend every cent you earn. You don't have to save. You're set for life.
Age 40-50 - Start taking sbloc loans. 2% and continue working. Double cash. You're rich as fuck here and still enjoying working.
age 50-60 - Maybe retire, or just work less, or just do shit you enjoy. 3% sbloc loans.
60+ Your 3% sbloc loans are BEEFY at this stage, and you're not only rich, but you don't have to work for it. You earn as much as you did 40-50, but without working.
70+ Your 3% sbloc loans are potentially stupid money at this point. You're the rich granddaddy taking your kids on private jets and yachts. You succeeded at life.
90+ Die happy. Banks get paid back the loans and the money goes into trust for your grandkids.
Or: Alternative. Be like the angry guys in this thread and just complain about life and die poor, old and miserable.
moonshine7000
Elite Member
- Mar 4, 2013
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Sorry I mean @splishsplash post
GlamRock
Registered Member
- May 11, 2026
- 75
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This is the advice that if I could go back to when I was 18 and teach myself I would be, today, sitting on a yacht laughing at my ridiculous success.
Instead. I discovered this at 43.
That's ok for me. I'm blessed with good genetics and I have the same energy/health I had in my 20's so I can keep building, but I'll impart this wisdom on my younger friends here on bhw.
Most of you won't manage to do this though. It requires discipline and it goes against everything the influencers preach, but for the handful of you that do, you're in for an amazing life.
Here's the biggest secret that no one talks about.. (really)
You only need to compound 8-9% to get wealthy. You don't need to make 15%, 20% or higher returns.
The S&P 500 has done about 11% average over the past 100 years.
Over a period of 20-30 years you're going to get 8 to 12% with it. Likely more like 12% given the debasement of currency and the technological growth of the economy, but you only need 8%. Anything else is a bonus.
Here's your life plan:
Age 18 to 30 - You have maximum energy. This is also the worst time for men. Trust me. 40+ is the fucking time to be a man
Use this time to bank hard. Don't try to grow companies.
Venture Capital is a big scam. It's slavery wrapped up in a nice box. They want your energy to make them rich.
If you can net just $2 mil by the time you're 25, here's what the numbers look like with 9% compounding :
That means, $2 mil in VOO or an S&P 500 tracker. Don't overcomplicate it. This is all you need. Banks want to sell you fancy things because they make money on them. They don't make much money on simple index's.
In 50 years, you're worth $150 million.
That means, if all you do, is bank $2mil by age 25, when you're 75 you're a deca-millionaire. And in current time's, 75 year olds are going to be like 40 year olds are today.
But here's the magic..
You keep working and banking until you're about 30. At this point, you've maxed out your VOO. Job should be done. The more you get in it pre age-30, the more you'll have later in life.
Now you might think life is going to be boring until 75.
But, you're now 30, your future is set. You know what you can do now?
Use your energy. Earn, spend, have fun. You can make $500k/year and spend every penny on lifestyle. Travel, party, drive sports cars.
By the time you're 40, your $2mil you banked in VOO at 25 is worth $7.2 million.
At this point, you can start taking loans against it. 2% is the sweet spot. You can take 2% per year for the rest of your life and never pay tax on it and never get margin called.
At 40, your 2% loan is $145k/year. $12k/mo tax free, work free, that will only increase year on year.
Want to buy a house? You can get a super low rate mortgage against your principle. The house and the principle compound.
Let's say you take a loan of $800k for a house. Your $800k keeps compounding at 9%. The house compounds at 5-6%, and the loan interest is 4-5%.
By the time you're 50, your principle is $17 mil and your tax free yearly is $344k. At this point, you own a home, have $30k/mo tax free and never have to work again. Or, you can keep hustling and making cash. Maybe you're working and making $50k/mo. You can fly private, charter yachts and have fun, all safe in the knowledge your lifestyle is secured for the next 100 years.
2% loans yearly will keep your LTV under 25% indefinitely.
By year 60, you're worth $350m and if you want you can take out a couple extra big loans for big purchases if you want.
You're 85, but you have so much wealth you've had access to all the best supplements, peptides and anti-aging medicine so you look like a 55 year old.
It's that easy.
Age 18-30 - Just earn and bank. Don't grow companies. Don't reinvest heavily into a company. If you can bank $300k-$400k/year for a few years you're good. Build a company to $1mil/year, and bank $800k/year. Don't try to grow it to $5mil/year by reinvesting that $800k. Just get to $5mil in VOO before 30 and you're good. $10-$12m by 30 and you're going to stinking rich at 60.
Everyone makes the mistake of either spending, or trying to grow a company early.
It's easy to make $1mil/year for 5 years.
It's very hard to build a company to $10mil/year. Not many can do it. You have to be truly good at business, and this takes years, which defeats the point.
30-45 - This is your earning years. You've got more skills. You can probably make $2-$3m/year at this point. Don't save it. You don't need to. Spend spend spend. Go fucking crazy. Life like you're super rich, because when you're 50, you will be super rich without working. At 30-45 you have to work to be it, which is fine.
45-50+ - Choice is yours. Spend time with the family. Be a playboy. Work. Don't work. Play WoW. Doesn't matter. You're a decamillionaire. Enjoy life.
P.S. Copy and paste this into chatgpt and ask it questions. Ask it to give you tables of year on year and ask it about LTV, how to take loans against your principle, what VOO is, what buy, borrow, die is and practicalities of what I'm saying, but most of all, keep it fucking simple. The reason this won't work is if you try to get fancy and make higher %'s or you want to sell and spend your principle. Just s&p 500. That's all you need.
P.P.S: Are you 40+ ? This won't work well. You need to build a company and sell it for $10-$12m by the time you're 45-50 and you're set. Still do-able, but you can't do it with $2m-$5m unless you can wait until 80+. If you start at 50 with $12m, by the time you're 65 your principle is like $35m. It's do-able though. You just need to build a decent company to $5m ARR and you can sell for $10m-$15m.
I would just like to know,
From which 2% loan-2M pocket change by 25 -No inflation-planet are you writing us from???
Youre giving fake-it-till-you-sell-it vibez.
Unless youre from Neverland or the Enchanted Forest, i really doubt that an indefinite tax free loop would remain unchanged in any given country on this planet from now until I reach 85 yrs old...
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- Oct 9, 2013
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Hehehe.
People really have no idea
Copy and paste everything I wrote into chatgpt and ask it. It'll explain.
Or don't. Just stay poor and be angry.
GlamRock
Registered Member
- May 11, 2026
- 75
- 153
This guy is writing for a micro bubble living in Monaco, not for average people.
Freelancers, part-time workers, students, just a bunch of lazy people
He mentioned ''a lot of people'' are like that. If this world had ''a lot of people'' with $150M in their bank accounts, I would go to the supermarket right now and the carton of eggs would cost $300. This is for 0.00001% of people, very likely coming from rich families with an obscure past
everybody else are just lazy people looking for 'excuses'..it doesn't worth the time, if he was so wealthy with $100M in his bank account, he wouldn't be here talking to poor losers like us, people caring about yachtes, private flights, etc are not on internet forums talking to algerian freelancers xD
just a bs generator
You mean there are people in Monaco that would bet their entire life's financial security on a single tax loophole remaining unchanged for 40 to 50 years???
No wayyy!
Nicks_
Regular Member
- Apr 30, 2024
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What's wrong with you all of a sudden?
Why are you talking aggressively like some other members. I mean if you don't like @splishsplash advice you can simply skip it because it might not be suitable for you just like many others.
- Jun 3, 2025
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Who told you I haven't seen what is possible?
It's just not clear what the value of this post is.
Your post starts like it contains some broadly applicable advice. Then you read and you see 'you just need to make $2M before you turn 25. It's that easy.' WTF... But, okay, so you're talking just to the top 1%.
Your advice 'buy the S&P 500' is super obvious. The internet is full of such recommendations. Ask any chatbot and they will tell you about the S&P 500 or Nasdaq 100. Oh, and right now the S&P 500 forward P/E is around 23, so it may not be the best time to recommend aping into equities, but this is a different topic…
Maybe you just wanted to tell us how successful you are? We're happy for you, nice job
- Oct 9, 2013
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And another one doesn't get it.
This is why people can't build wealth. Over-complications at every turn.
It doesn't matter when you "ape" in. You never sell. Your estate is liquidated on your death.
- Apr 8, 2023
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Yes exactly, why all the arguments. Just skip it if you don't like.
Nicks_
Regular Member
- Apr 30, 2024
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Nicks_
Regular Member
- Apr 30, 2024
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I don't understand why most of people got triggered they were like @splishsplash especially made this thread for them. I mean there is literally nothing to argue or say bad things if you don't understand just leave and that's not you isnot !
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Bruh the bs he is talking does anybody ask him did he followed???????
- Jun 3, 2025
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yeah, what's the difference when to ape in - for example, at the top of the dotcom bubble and wait 15 years for break even, or after a bear market / black swan event and make x2-x3 in a few years. Even if you 'never sell' (Saylor, is that you?
)Anyway, you can post whatever you want. Good luck!
Nicks_
Regular Member
- Apr 30, 2024
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This has nothing to do with the thread that's his personal call, either share or not
Google adword expert
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Lmaoooo you saying he created thread and he don't even owned $1000?
It's like philosopher without degree?????????
- Oct 9, 2013
- 3,471
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yeah, what's the difference when to ape in - for example, at the top of the dotcom bubble and wait 15 years for break even, or after a bear market / black swan event and make x2-x3 in a few years. Even if you 'never sell' (Saylor, is that you?
Anyway, you can post whatever you want. Good luck!
This makes absolutely no sense.
You're either not a very intelligent person, or you're a troll.
You're "apeing in" over 10 years. That means you'd be buying at good and bad times.
You're just making stuff up and arguing against it.
Plus again. What's this "2x-3x" stuff.
At this stage I think people just can't read, or they aren't reading a word I've written.
Nicks_
Regular Member
- Apr 30, 2024
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I never said anything like this at all
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- Apr 24, 2024
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Why the f*ck you even here for?
You are 43 and talking bs over internet my only serious question what's your worth!!!!!! have your achieve $50 mil already?
or maybe 25Mil?
or maybe 10Mil?
or maybe 1Mil?
I need answer