this post was submitted on 19 Oct 2026
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[–] Th4tGuyII@fedia.io 57 points 5 days ago (4 children)

That's nearly always been the way to make money.

Look up most of the mega rich people now, even the "self-made" ones and you'll find 99/100 of them came from money.

The other way is luck. Be in the right place at the right time with the right skills to take opportunity's hand... and pull the ladder up behind you so nobody else can follow.

[–] searabbit@piefed.social 11 points 5 days ago

It's true. And any rich person that tells you otherwise is lying (potentially to themselves). This is why I am a big fan of Gary Stevenson who came from a working class background, got rich, and is now actively working his butt off trying to extend the ladder down to the rest of us. I recommend everyone read his book The Trading Game.

[–] bridgeenjoyer@sh.itjust.works 3 points 5 days ago (1 children)

Thats the bullshit with capitalism. The folks who started it and got in early won. The late joiners are fucked. Its a stupid ass system.

[–] wonderingwanderer@sopuli.xyz 2 points 5 days ago

Like any other pyramid scheme, to be honest...

[–] ElChinchilla@lemmy.world 2 points 5 days ago

I would also be a self made millionaire had i been born with a million dollars.

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[–] hakase@lemmy.zip 46 points 5 days ago (3 children)

"Cash Rules Everything Around Me" for anyone else who, like me, had no idea what the title acronym stood for.

[–] wonderingwanderer@sopuli.xyz 8 points 5 days ago (5 children)

Oh, I thought it meant "In a white room, with black CuRtains, dEvAstatioM"

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[–] Agrivar@lemmy.world 9 points 5 days ago

Wu-Tang Clan ain't nothing to fuck with.

[–] ElChinchilla@lemmy.world 2 points 5 days ago

Dolla dolla bills, yall

[–] Not_mikey@lemmy.dbzer0.com 18 points 5 days ago (1 children)

Nothing makes money more then money

[–] Atropos@lemmy.world 7 points 5 days ago (1 children)

Capitalism!

God, the whole concept is just gross

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[–] wreckedcarzz@lemmy.world 22 points 5 days ago

dolla dolla bill y'all

[–] HeyJoe@lemmy.world 13 points 5 days ago (4 children)

Absolutely, if I had 2 million dollars (which if you ask me isn't that crazy anymore) and put it all into simple things like CD's at 4% for 1 year i would make $150k a year which I could just live off. After all taxes I would still walk away with more than I currently make yearly.

Now how do I get my hands on that? Anyone know anyone?

[–] Tetragrade@leminal.space 6 points 5 days ago

Have you tried asking your parents for money?

[–] CoconutLove@lemmy.today 4 points 5 days ago (1 children)

4% on 2 million is 80k.

Also, if you’re like between 20-50 years old, there is a good chance just living off the interest generated from 2 million would not get you through your life when you factor in inflation.

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[–] likebudda@reddthat.com 11 points 5 days ago

The investor class has been hoovering up all of the money, if you don't have money to invest in the stock market and are relying on wages alone then inflation is destroying your wealth. The US stock market is highly dependent on a few really shaky AI companies but it's also going to be the most resilient if/when everything goes south for everyone. Good luck everyone!

[–] bluesheep@sh.itjust.works 9 points 5 days ago
[–] zxqwas@lemmy.world 10 points 5 days ago (1 children)

I moved to a place in the country where cost of living to pay ratio is better.

[–] Rothe@piefed.social 4 points 5 days ago (3 children)

The problem is that by far most jobs are in the city.

[–] zxqwas@lemmy.world 9 points 5 days ago (2 children)

I applied for jobs first and moved to the place where I got one.

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[–] dingus@lemmy.world 2 points 5 days ago

Well yeah that's how sprawling suburbs came to be. Most people work in cities but then they are often too expensive to live in.

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[–] heartSagan5@lemmy.zip 7 points 5 days ago

Usury used to be illegal, and IIRC, it is in some Muslim countries. But banks and such.

[–] LocalAreaMan@lemmy.ml 8 points 5 days ago

This is how capitalism worked from the beginning. Nothing new, just progressively worse and worse.

[–] Pure_Psykosis@lemmy.ca 8 points 5 days ago (1 children)

Honestly though. I wanted to look into starting a business some years ago and most everything required you to have ass loads of money before you could get a loan.

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[–] tetris11@feddit.uk 8 points 5 days ago (1 children)

Crash Rude Elephants About Me

[–] Viking_Hippie@lemmy.dbzer0.com 3 points 5 days ago (1 children)

Is that a band name and song title, or are you experiencing aphasia? 🤔

[–] tetris11@feddit.uk 5 points 5 days ago* (last edited 5 days ago)

Bit of both, The White Room immediately came to mind and so I wanted to see if Clapton and others named their band after an acronym, only to discover that they didn't. So I made one: Clapton Really Eats Ass Mostly

[–] bad1080@piefed.social 4 points 5 days ago (1 children)

how to make 1 million?
start with two million!

[–] likebudda@reddthat.com 2 points 5 days ago

Literally. Buy $2M 10 year treasuries at 5%, receive $100k interest every year for 10 years = $1million.

[–] HexesofVexes@lemmy.world 4 points 5 days ago (3 children)
[–] LocalAreaMan@lemmy.ml 5 points 5 days ago

Adam Smith------->today

[–] Frostible@piefed.social 4 points 5 days ago (1 children)
[–] Proprietary_Blend@lemmy.world 2 points 5 days ago (1 children)
[–] Kalothar@lemmy.ca 4 points 5 days ago (1 children)

-10k I bet Göbekli Tepe had rich people problems

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[–] bridgeenjoyer@sh.itjust.works 3 points 5 days ago

Ive taken to just buying stuff if I can. Because stuff has actual value, and our money value is dropping like a rock. But real things especially in the technoligarch avian intelligence future, will be worth a lot more.

[–] Avicenna@programming.dev 3 points 5 days ago (1 children)

you forgot "steal 1 good idea to make billions then burn millions on your own 20 crappy ideas"

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[–] LocalAreaMan@lemmy.ml 3 points 5 days ago

"The last capitalist we hang shall be the one who sold us the rope."

But we'll need to GoFundMe for it.

[–] Gormadt@slrpnk.net 2 points 5 days ago
[–] ivanafterall@lemmy.world 2 points 5 days ago* (last edited 5 days ago)

In these trying times, I've come to enjoy stealing!

[–] lagg_mine@lemmy.world 2 points 5 days ago

Don't we love capitalism!

Damn, was really hoping it was "crypto"

[–] spacegoat@lemmy.world 2 points 5 days ago

Trick or steal

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