Reply to Do many households here have $15 M net worth or more?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Hey op, you surprised  to see the predictable bs replies ?[/quote]The only BS replies are ones like yours. Others are actually replying to the OP's question. [b]20M here, OP. No inheritance or high income[/b]. A lifetime of investment, that's all.[/quote]

These are what shock me the most.

I can buy that certain careers lead to $20M by say, 50 ($5-10M HHI a year = hedge fund, private equity).

I get that certain careers lead to $8-10M by 50 ($2-3M HHI = very successful in BigLaw, consulting, executives at large companies, maybe FAANG SWE).

But what surprises me is when people are not high income, didn't have an inheritance and get to $20M. Even someone making $2-3M (like the big law lawyer) is still going to struggle to get to that $20M figure. What exactly are you investing in?![/quote]

You don’t need $2-$3m HHI to get to $8-$10m by 50. We are there and we netted $50k a month starting around age 30 and we keep a lot of cash and don’t invest in a lot of tech. We bought a $1.5m house at 30, and don’t spend a ton otherwise other than vacations. No private school or county club or first class flights. [/quote]

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