Comment on Wealth inequality will destroy America.
VeniVerminiVomui@lemmy.ml 12 hours ago~600k per year
Why are you using income? It’s wealth that matters and that’s a ~$16M cutoff.
To reach that you’d need to be earning ~600k per year for 2-3 decades, to invest the majority of it, and to get absurd stock returns on top of that.
MonkeMischief@lemmy.today 6 hours ago
Which is still, just insane to think about.
Like holy crap I can hardly imagine seeing 4 dollar-digits of liquidity in my account. In my lifetime, and I think I work hard in a role in society like anybody else.
Something like that would require the most unlikely of windfalls. To think there’s people out there, somewhat “commonly”, going “Hmmm yerrs, let’s put $20k into these stonks. Indeeed…”
…and then they go on and start businesses with “risk” (but not much, proportionally) and then publish books about “quitting the rat race and following your dreams.”
And they might be a few zip codes away. It’s nuts to me. Incomprehensible, really. Just…damn.
I don’t wanna be rich, that sounds awful. I just wanna stop forever bracing against the next inevitable-but-untimeable calamity that threatens to throw us all out on the street.