FundMECFS🤯 Life Hack Alert
givesomefucksjust discovered agriculture?
Hey, you want to make a big of money? Do what I did, get into farming
UnderpantsWeevilWith this SIMPLE LIFEHACK and TWENTY SIX HUNDRED DOLLARS anyone can be a MULTI MILLIONAIRE in just ONE YEAR!!!
And in 10 years you’ll have more wealth than all previous humans combined! Payday advance places hate this one trick.
MrVilliamBy this logic, why not buy 200,000 tomato plants with the million dollars?
$50 in a few decades will be worth very little compared to now because of inflation. Take the lump sum and invest more on the early side. That’s how smart people successfully implement compounding.
By this logic, why not buy 200,000 tomato plants with the million dollars?
Because that’s a lot of planting. Gonna throw my back out at that rate.
Glad I’m not the only one, because that’s exactly where I’m at. The premises almost relies on consistent yield and unconstrained growth, which nature very much does not like. Plus it doesn’t consider the opportunity cost of having to sink your time into becoming a literal farmer (nor any other recurring costs to maintain and harvest your plants).
In this case, the upfront cash is hands down the way to go. You don’t even have to do any complicated investing, just huck the mill in a jumbo CD and take the monthly payout. Going off my local credit unions (about 3.75% in dividends for a 5 year term), at $37,500 per year it probably wouldn’t be enough to quit your job, but you’d be doing an order of magnitude better than $50 per week. If you’re really looking to grow it, you could just dump the lump sum in the S&P 500 (up 95.3% from 5 years ago). (Assuming no taxes and that the dollar still has any value in the next 5 years).
100%
Also, you’d need to live for over 380 years for those $50 weekly payouts to add up to a million dollars.
This was spectacularly bad advice in every aspect.
There are more than 1 seed in each tomato.
potoooooooo ✅️My God, we’re so fucking rich!
hansoloOn what fuckin land?
Broseph, I could just build a factory. Just take $20 a week making sourdough starter and wait 6 weeks and build a factory making bread. Just ignore every other cost and the cost of owning land and taxes and real life.