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Being a millionaire was right in front of our eyes in the last 15 years

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JDS

JDS

Joined
Dec 11, 2021
Messages
48,079
Hear ya, had about 30 @ $700
we all had a chance at crypto in 2017-2018

congrats to those who held and rich now

personally i had 28 bitcoin at my peak....was worth I wanna say 750-1000.

if only i held......
Ditto same story, the only thing with my story is, I needed the money to pay some bills because they were payouts from the Sportsbook. Had around 30 bitcoins at that same time funny.
 

JDS

JDS

Joined
Dec 11, 2021
Messages
48,079
Net Worth over $1 mill ?

My house is paid off and worth $1.2 to $1.3. 3 cars , investment portfolio , pension etc. If you say " Disposable income "......No where near a millionaire. I'm Just Avg Joe $$$
I never asked what do or did for a living to be in a pretty good fuckin’ spot financially at this point in your life ?
 

BMR Genie

BMR Genie

Joined
Jun 16, 2016
Messages
33,059
Real Estate as an investment long term , has always outperformed every other investment I ever made.
I never asked what do or did for a living to be in a pretty good fuckin’ spot financially at this point in your life ?
This is meant for JDS, question, Franz?

So you're into real estate? Why I always think that in order to join this venture you need first to have lots of money.
 

Franz555

Franz555

Joined
Apr 10, 2018
Messages
6,688
I never asked what do or did for a living to be in a pretty good fuckin’ spot financially at this point in your life ?
At 13 I wanted a pair of CCM Kangaroo leather skates for Christmas. My father was never a sports guy , but lived for the NY Times and his Commodity charts. In lieu of the skates was an envelope in the Christmas Tree with my name on it. Inside was a cut out piece of financials of the Cattle Commodities Market. A printout from his broker for one Cattle spread position " Short July " vs " Long December. I was pissed off at him for screwing me out of new skates. I started following the position everyday in the local newspaper. By the age of 17 I had a suit , tie and briefcase in hand , looking for a job in the Financial Markets. On Jan 17 ,1978 I was hired as a securities runners for $8k a year. I took all my courses over the years ( lying about a grade 12 education I never acquired ) and lasted 20 years. In 1993 I helped to put a merger of 2 Companies from NY and Toronto together , while staying at the D.A.C for 5 months. I got a nice chunk of change once the newly formed Co had signed all the documents , and took a position as well.
I walked away from the Financial Industry in 99 and did a variety of ventures until the accident in 2022.
 

Franz555

Franz555

Joined
Apr 10, 2018
Messages
6,688
This is meant for JDS, question, Franz?

So you're into real estate? Why I always think that in order to join this venture you need first to have lots of money.

Yes. In different ways now then in the past. In 2015 , my wife and I were empty nester's and decided to take on a Buy/Fix/Sell. We bought a run down house for $220k with only $11,000 ( including closing costs ). I have an exceptional Mortgage Broker who has great contacts for " High Ratio Mortgages at market rates. Of course the current market conditions were very favorable as Global economy had low interest rates across the board. We put in a lot of work into the place to save on costs , but we flipped it 18 months later for a net profit of $128k. We bought 2 townhouses that had yet to be built ( only $10k per upfront and the balance on completion @ $204k ). We still own one of those properties as a rental that more then pays for itself. The 2nd townhome we sold a couple years later for $ 378K.

Its just an example how you can do more then you think you can sometimes
 

JDS

JDS

Joined
Dec 11, 2021
Messages
48,079
At 13 I wanted a pair of CCM Kangaroo leather skates for Christmas. My father was never a sports guy , but lived for the NY Times and his Commodity charts. In lieu of the skates was an envelope in the Christmas Tree with my name on it. Inside was a cut out piece of financials of the Cattle Commodities Market. A printout from his broker for one Cattle spread position " Short July " vs " Long December. I was pissed off at him for screwing me out of new skates. I started following the position everyday in the local newspaper. By the age of 17 I had a suit , tie and briefcase in hand , looking for a job in the Financial Markets. On Jan 17 ,1978 I was hired as a securities runners for $8k a year. I took all my courses over the years ( lying about a grade 12 education I never acquired ) and lasted 20 years. In 1993 I helped to put a merger of 2 Companies from NY and Toronto together , while staying at the D.A.C for 5 months. I got a nice chunk of change once the newly formed Co had signed all the documents , and took a position as well.
I walked away from the Financial Industry in 99 and did a variety of ventures until the accident in 2022.
I love how you tell a story, you know there can be a specific art to it and you did well here. I enjoyed that thanks for sharing.
 

samsncharge99

samsncharge99

Joined
Sep 30, 2022
Messages
12,251
At 13 I wanted a pair of CCM Kangaroo leather skates for Christmas. My father was never a sports guy , but lived for the NY Times and his Commodity charts. In lieu of the skates was an envelope in the Christmas Tree with my name on it. Inside was a cut out piece of financials of the Cattle Commodities Market. A printout from his broker for one Cattle spread position " Short July " vs " Long December. I was pissed off at him for screwing me out of new skates. I started following the position everyday in the local newspaper. By the age of 17 I had a suit , tie and briefcase in hand , looking for a job in the Financial Markets. On Jan 17 ,1978 I was hired as a securities runners for $8k a year. I took all my courses over the years ( lying about a grade 12 education I never acquired ) and lasted 20 years. In 1993 I helped to put a merger of 2 Companies from NY and Toronto together , while staying at the D.A.C for 5 months. I got a nice chunk of change once the newly formed Co had signed all the documents , and took a position as well.
I walked away from the Financial Industry in 99 and did a variety of ventures until the accident in 2022.
great strory. congrats on the success.

I as well always wanted to wear a shirt and tie.....and now i sell cars haha but i do so in a shirt and tie
 

BMR Genie

BMR Genie

Joined
Jun 16, 2016
Messages
33,059
Yes. In different ways now then in the past. In 2015 , my wife and I were empty nester's and decided to take on a Buy/Fix/Sell. We bought a run down house for $220k with only $11,000 ( including closing costs ). I have an exceptional Mortgage Broker who has great contacts for " High Ratio Mortgages at market rates. Of course the current market conditions were very favorable as Global economy had low interest rates across the board. We put in a lot of work into the place to save on costs , but we flipped it 18 months later for a net profit of $128k. We bought 2 townhouses that had yet to be built ( only $10k per upfront and the balance on completion @ $204k ). We still own one of those properties as a rental that more then pays for itself. The 2nd townhome we sold a couple years later for $ 378K.

Its just an example how you can do more then you think you can sometimes
Such an inspirational story, Franz. :love:
 

rsstreams

rsstreams

Joined
Apr 28, 2022
Messages
486
I remember the days when the crypto talk was so hot on The Rx and that was the beginning. Who were those early Crypto guys in the sports betting posting space and I think Gambling911 was always big about talking about it.
 
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