Has anyone attempted to become rich?
- Thread starter jsmoke
- Start date
Soldato
Boring git 
Associate
Yes, tried an AIM investment 5 years ago £20k loss 
Dabbled in buy to lets - got a couple.
Decided no more property - concentration risk as Lars Kroijer calls it.
Now just automatically saving £20k a year between my wife and my life time ISA’s and stocks ISA’s. All cash is invested in VANGUARD FTSE GLOBAL ALL CAP.
It’s the get rich SLOWLY method.
Dabbled in buy to lets - got a couple.
Decided no more property - concentration risk as Lars Kroijer calls it.
Now just automatically saving £20k a year between my wife and my life time ISA’s and stocks ISA’s. All cash is invested in VANGUARD FTSE GLOBAL ALL CAP.
It’s the get rich SLOWLY method.
Associate
Boring git
It’s funny how this the default way of thinking for some.
If you don’t up your consumerist lifestyle to match your salary, then you are “boring”, not living etc.
Damn right you know it
.
Soldato
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Caporegime
- Joined
- 30 Jul 2013
- Posts
- 28,905
You won £500,001 on the Thunderball?
Soldato
Caporegime
- Joined
- 30 Jul 2013
- Posts
- 28,905
Nice.
Chuck us a few grand, cheers.
Chuck us a few grand, cheers.
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think he won 10k a month for 30 years or something?
No but I know a guy who did and it was in a low paid rural area and he had no academic qualifications.
It all started in the early 1990`s.
He was living in a council house with his wife and 3 kids and working on building sites ( one of the lower rank jobs )
He managed somehow to get a bank to lend him enough to buy a plot and build a house, doing some of the work himself to lower costs.
Anyway this house was luxury even by todays standards, it was huge, had a swimming pool, underfloor heating, an acre of land etc etc.
He never managed to finish it totally but sold it for what must have been a good profit.
So then he builds another and before i knew it he was building entire estates of houses, had 6 superbikes, a Rolex and all that stuff....
Fast forward to today and he rents out 100 - 150 properties and continues to build houses constantly.
Low and behold his girlfriend is in her 20`s and he is in retirement age lol.
I was friends with one of his kids and i could never get my head around why i knew much smarter people than him but they were all poor lol.
It all started in the early 1990`s.
He was living in a council house with his wife and 3 kids and working on building sites ( one of the lower rank jobs )
He managed somehow to get a bank to lend him enough to buy a plot and build a house, doing some of the work himself to lower costs.
Anyway this house was luxury even by todays standards, it was huge, had a swimming pool, underfloor heating, an acre of land etc etc.
He never managed to finish it totally but sold it for what must have been a good profit.
So then he builds another and before i knew it he was building entire estates of houses, had 6 superbikes, a Rolex and all that stuff....
Fast forward to today and he rents out 100 - 150 properties and continues to build houses constantly.
Low and behold his girlfriend is in her 20`s and he is in retirement age lol.
I was friends with one of his kids and i could never get my head around why i knew much smarter people than him but they were all poor lol.
Caporegime
- Joined
- 30 Jul 2013
- Posts
- 28,905
Sounds like he was a grafter.
Associate
Yep, waiting for the metaverse to make me rich next year. I'll let you know...
Soldato
I threw a big dollop of cash into Tech years ago and it immediately fell off into bucket of poo.
Soldato
I started a business in 2013 as I was frustrated with my main job - I made a thread here: https://forums.overclockers.co.uk/threads/sticky-work-situation-what-would-you-do.18530525/
Long boring story short I sold it in 2019 and still work for the company. I wouldn't say I was rich (and discussing numbers is a little crass for me) but life is a lot more comfortable than it was.
Long boring story short I sold it in 2019 and still work for the company. I wouldn't say I was rich (and discussing numbers is a little crass for me) but life is a lot more comfortable than it was.
Soldato
I've never attempted it. I earn enough to keep the wolf from the door and have a few beans left over, but I'll be working to retirement age.
Soldato
I'm just trying to buy my time back... Don't fancy the whole office/ desk vibe forever more. Now trying to execute to change that. That's rich for me.