Post: #1

If you had $500,000 a year in passive income how would you put it to use with the goal of banging women? its a lot of money and out of reach of most people, myself included, but maybe someone will have some ideas that can be useful to those with less money as well

this isnt a game vs money debate

Post: #2

(06-25-2012 10:45 PM)lurker123123 Wrote:  If you had $500,000 a year in passive income how would you put it to use with the goal of banging women?

Step 1. Pick a country with a low cost of living and women I find attractive. Top countries on this list for me are probably in SE Asia, followed by a couple of Caribbean nations.

Step 2. Expat, taking my income and becoming the very big fish in the small pond. Set myself up with the sweetest available condo, transport, and clothing. Live like a shah and enjoy it for as long as I am alive.

If merely building a stack of notches is my goal, then I'll have ample opportunity to do this at that point.

Post: #3

I'd go on a world wide fuck tour and ball out for a bit then settle down somewhere cheap with hot women. Probably sire a dynasty while I was at it.

Post: #4

500K in passive income is ridic money.

In the U.S., that's taxed at long-term capital gains. That's $425,000 a year - or 35 grand a month, every month, without fail.

If you work backwards to ordinary tax rates, that's the equivalent earning almost $1 million a year while living in NYC.

In short, that's baller money.

You could live wherever you wanted doing whatever the fuck you wanted. You wouldn't live on a budget.

Even though you wouldn't own a jet or yacht, you could rent one when you needed it. You could fly private on a NetJet.

Just pick what girls you prefer and move to that country. Nothing is off limits. It'd be too easy.

Post: #5

That kind of cash would transform you.

With that amount of money, you develop a major entitlement mindset. You don't run game at coffee shops.

I would start a porn company in the Czech Republic. I'd bang Eastern Europe's finest, on film for my own private collection, for $500-1,000 a pop.

Pay for play? Yeah. That's what guys with that kind of money do.

When you get cash (I'm not rich, but have seen enough to understand how it changes you), you start to pay to avoid inconveniences. You don't look around for parking or feed the meter. You valet. You avoid driving. You have a car service come to get you.

Hell, how many guys have Amazon Prime shipping? Fuck waiting 5 days using free super saver shipping. You want your stuff now, and you'll pay the $89 or whatever it is a year to get it.

If I'm at 35K a month, the last thing I'm doing is "pass shit tests" or deal with flakey behavior.

I ball hard with friends. Table service and big parties - for my friends, and if the girls come over (and they will) all the better.

But my "game" would be doing porn and pulling Pierre Woodman quality ass for the rest of my life.

Post: #6

I'm already lazy as fuck, it would just give me the means to be even lazier. I would probably become an intolerable asshole (not that I'm not a majority of the time) that people would deal with just because they want to get to my money. I'd buy a house, move my best friend in, and we'd party like rock stars until we died in a puddle of our own piss and vomit.

Post: #7

What you really do is become elitist and waste your time in hypergamy. Above a certain level (far below $500,000 annually) you can't go anywhere without a security posse. The idea of going into a bar or a club or anywhere anonymously and picking up girls is now closed to you. Hello, social circle and looking for "people like us".

There's loveless, achievement focused hypergamic women who dedicate their lives to hunting down a rich man (and there's plenty of lists to guide them). Like sperm racing to the egg, a few will get through the barriers from time to time. They're all majorly twisted in the head, fractured, and have major personality issues that will become apparent to you very quickly. There's also the same repeating blowback when they each discover having achieved you doesn't fix them; they remain just as broken and bitter as they were before. Priscilla Chan would be a typical example. The sex is lifeless and they deaden your soul just being in the same room. Some of them are actually self-deluded and unaware enough to think they'd be good mothers. Hopes of entrapment through pregnancy are common.

Then there's the professionals, wolves in sheep's clothing. Some are just gold diggers. Others specialize in false pregnancy, false rape charges, entrapment, or blackmail. Still others are less subtle and just drop roofies to kidnap your ass. A whole lot of con-men in skirts.

Many guys at this level buy sports teams or go into concert promotion (like Steve Wozniak's desperate "won't someone please be my friend?" US Festivals and the Hardly Strictly Bluegrass Festival) for the comradery more than anything else. This works because stadiums are already security controlled, so you can wander around your domain and at least enjoy after-parties sometimes when your presence doesn't make the hired help bug out too much. Ellison buying himself into yacht racing at least has gotten him athletic peers that tell him he's a moron and can't steer a ship worth a crap (he can't), which is rather grounding for him. But has it been a poon parade? Hardly. Ascot however remains cool. Definitely buy a few race horses and do whatever it takes to get entry to the Royal Pavilion.

Buffet and Gates have gone into funding medical centers, universities, museums and other charities. Gates was a virgin until age 40? But others leverage these to get into the divorcee circuit of post-menopausal society ladies. Most of them are stable, financially independent, and not bonkers, which is actually a step up. The sex is very ...scheduled.

The Walmart families have basically built their own bubble kingdom in Arkansas. It's all church going, raising kids, softball leagues. The veneer of normalcy that lets them walk around the streets of their town without security trailing them actually costs a lot to maintain, however. Instead of a stadium, it's an entire city that's now secure.

Discard the fantasy, money and fame are both cockblockers, which is why rich and famous people have so few children. Already poor Roosh is flirting with being too famous now --he gets found out and ran out of cities, death threats, or just shouted at in clubs and the police called on him on bullshit charges.

Unfamous and poor is the way to a high notch count of different partners.

Post: #8

(06-26-2012 02:09 AM)Blackhawk Wrote:  What you really do is become elitist and waste your time in hypergamy. Above a certain level (far below $500,000 annually) you can't go anywhere without a security posse. The idea of going into a bar or a club or anywhere anonymously and picking up girls is now closed to you. Hello, social circle and looking for "people like us".

There are quite a number of individuals with this type of bankroll (and with net worths exceeding the tens and hundreds of millions) who enjoy relative anonymity. They travel around the country and around the planet freely, with no posse, and with little problem socializing normally with women.

The folks in this income bracket (and I include a few billionaires among them) are not all nearly as obvious as you'd think. Not all of these guys are well known, and they can blend in surprisingly well.

Quote:Unfamous and poor is the way to a high notch count of different partners.

While I agree that fame can be quite a bit more trouble than it is worth, the idea that poverty is the superior state sounds like a pretty lie to me.

The ideal is probably somewhere in between.

Post: #9

Hate to thread hijjack but 0 people on this board will ever get $500K liquid passively. Why? Because you already "get life" and are not a raj (insider trader) clown trying to net more than your $1.5B net worth.

More reasonable question, what do u do with say "$35K-45K passive tax free". Which is absolutely possible with a good career by the time you hit low thirties.

Post: #10

Head straight to Eastern Europe to setup shop and fuck 8's - 10's. Fcuk with $500k I would only need a fraction of that money to live in most of those places, I could invest alot of that into some business (Victoria's Secret store lol).

Please don't tell me you have this kind of money.

Post: #11

(06-26-2012 11:07 PM)WestCoast Wrote:  More reasonable question, what do u do with say "$35K-45K passive tax free". Which is absolutely possible with a good career by the time you hit low thirties.

Same plan as before.

1. Find attractive destination with low cost of living.
2. Expat to said destination.
3. ????
4. Profit (Read: Enjoy my life as the big fish in the small pond).

Post: #12

Not think twice about paying for pussy (9s and up), because at that point I could give a fuck less about dealing with the bullshit women normally play.

I would still game, because you can stop chasing the dragon...but I wouldn't think twice about dropping some serious bills on a hot slut that would do whatever I wanted and would leave immediately afterwards.

Money does buy happiness.

Post: #13

(06-26-2012 02:09 AM)Blackhawk Wrote:  What you really do is become elitist and waste your time in hypergamy. Above a certain level (far below $500,000 annually) you can't go anywhere without a security posse.

Didn't you once claim to have lived in San Francisco?

Go to 25 Lusk tonight. There will be at least a dozen people with insane net worths.

Go to the Creamery. Spot the VCs. (I bet you can't.)

SF is full of anonymous geeks who TRY (unsuccessfully) to leverage their money into lays.

I gotta wonder if you're a troll.

Post: #14

Stock the money up for awhile. Then after a year or two go on a spending spree:

I'm a competitive guy. So I'd use the money to hire the best personal trainers, doctors, game experts, soc-geographical scientists (not sure if this is a real title, but basically dudes who study cultural stuff from around the world), linguists, PR people etc. To turn me into a living god.

I want to learn fencing, I just hire some Olympic fencing coach.

I want to get ripped, hire some pro athletic trainer and put in a state of the art gym, while doctors come up with special diets and stuff to maximize my workouts.

Get PR people to showcase a bunch of the cool shit that I'm doing and make more money that way.

Start using my passive income plus new resources to do some extreme adventuring, like race dog sleds around Antarctica, or do HALO Jumps for fun. Become a bigger celebrity this way and watch the money pile on even more.

Maybe finance a movie about myself, and write a book, go on speaking tours. Do stuff like that then and become a huge socialite.

Come home one day and realize that I've become the alpha of all alphas, pop champagne to celebrate.

Obviously this plan would take time and resources and wouldn't be something that I'd knock off in a year.

Post: #15

MikeCF and Blackhawk have it pegged petty good. You have to work hard to not become a complete entitlement a-hole. Gaming is hard because you can call up a contact and setup a "date" with tons of models/playmates. With only $500k a year you wouldn't be flying private very often, or just some shorter charter flights. And MikeCF is right again, you wouldn't notice most of the ultra high net worth people you bump into. It's more likely that the person you think is rich is living month to month. I feel bad for entertainers and sports guys, they can't hide who they are. Being famous must suck.

Cookie has the best idea, the problem is maintaining the drive and discipline to keep improving yourself when money can be used so easily to fix most of your problems. I disagree with Blackhawk that not famous and poor is the best. Wealthy and under the radar works pretty good.

Post: #16

(06-27-2012 07:37 PM)MikeCF Wrote:  

(06-26-2012 02:09 AM)Blackhawk Wrote:  What you really do is become elitist and waste your time in hypergamy. Above a certain level (far below $500,000 annually) you can't go anywhere without a security posse.

Didn't you once claim to have lived in San Francisco?

Go to 25 Lusk tonight. There will be at least a dozen people with insane net worths.

Go to the Creamery. Spot the VCs. (I bet you can't.)

SF is full of anonymous geeks who TRY (unsuccessfully) to leverage their money into lays.

I gotta wonder if you're a troll.

Hell, go almost anywhere in Southern California.

Beach towns.

You definitely don't need a "security posse".

Post: #17

is there a device you could buy that you could use to instantly blood test chicks before you fuck them too see if they have HIV, so that you could raw dog them?

Post: #18

The real issue here is fitting in at work while assimilating into the elitist life that is forced upon you by your peers. In a real good career here is what really happens:

Start: make around $90-100K. Realize you have 0 time to cook/go out besides weekend getting trapped into saving just a tad (net expenses must be in the 80-85% take home range)
3-5 years later: $150K+. Now you "need a car and a nice apartment" etc. superiors pressure you to settle down before "all the good girls are gone"
5+: stuck at $200K level or moving up rapidly. If you are moving up rapidly be sure you're still getting murdered at work, if not you are likely locked down by now.

The reason why I outlined a 35K annual is because if you survive a good career till low 30's before game gets more difficult (call it 35+), you can likely save maybe $250K liquid which is not bad at all. This can earn you 15-20K and you can easily earn a grand a month anywhere else in the world doing some sort of teaching gig. Long-term game is very difficult and wont be executed very well by many because they'll either set themselves up for a shit show when they are old, get into debt due to the rat race (MBA/othercrap), get married and divorced, raise their lifestyle too high and the list of traps goes on.

So what you really need to do, at least this has been my formula, is the following:

Get a place to live alone, studio
Go out 2 times a week to keep sanity with girls in America
Plan a trip at least twice a year to see a different location
Never go out to dinner on weekends
Workout at the gym on weekdays
All extra cash is just leverage because you never change your lifestyle
Watch your friends get sucked into rat race/drop off and counter this by continually looking for new friends in the same "lifestyle bucket"

Anyway with all that said, you still need to upgrade your wardrobe to fit in more over time at work, but at least that helps you slay as well. Then simply lie at work and tell everyone "oh yeah I just moved into a new spot, yeah sure lookin to settle and yeah I agree I need to find a 'good girl' before I hit the dreaded age of thirty"

This is all part of the traps set out for you, hopefully we'll see more people execute on the plan but it's by no means easy.

Post: #19

I don't know the life experience of you guys, but 500,000 a year (about 320000GBP) is not all that. If you don't arrange your affairs carefully, or make sure your residency is somewhere low tax about 40 to 50% is going to go in tax. So that leave you 160000 GBP on spending.

Now, don't get me wrong that's good money lovely. But it's no where near the top table. You are nowhere near the seriously rich and in cities like London it will quickly run out unless you budget carefully.

What the OP also misses is that to get an income of 500000US at current interest rates means you are going to need about 50 million in capital.

Now, that's lovely money, but as any person with a penny or two will tell you, it's also a major headache. To preserve your capital you will either have to manage it actively, or have people to do it for you. In the latter case, you are going to have to be vigilant about rip offs and frauds. Unless you are exceedingly careful, you will be at the mercy of Swiss, Luxembourg or Singaporean private bankers who might not always have your best interests at heart. You will have to devote time to managing your money. And because your income isn't that huge you can't afford unlimited first class travel, which means you can't rock up in Zurich whenever you like to harangue your money manager in person.

But perhaps low tax is your thing, in which case you take up residence in some tropical paradise like the Isle of Man (snark, snark). Only thing is that he night-life sucks there. So, you travel around making sure you don't spend too long in any single country where the zealous tax authorities might decide you are actually tax resident in their country and try to lock you up for tax evasion.

Got that?

Good, once you've sorted it out you can go chase some poon.

Post: #20

Scary to think that I used to make this kind of money until I pissed it all away. I was too young and stupid to know what to do with it... if only I know then what I know now.

Post: #21

Come on now this is a bit doomsday speech-ish. If you can't get a 5-6% return with "low risk" you have a terrible financial adviser or are so intolerant to risk that everything must be "guaranteed". Hell that or I have a terrible view of rich.

To me rich is "no need to worry about real health problems, never have to worry about food/shelter, can go out every week and spend $200 on having a good time drinking"

Super rich is the above but location independent.

The return on happiness for a BMW/mansion is so low it's not even worth discussing. All it does is adjust your style of living up and make any falter feel like your ego just got hit in the face with a meteorite.

(06-28-2012 10:11 AM)finton_the_toole Wrote:  I don't know the life experience of you guys, but 500,000 a year (about 320000GBP) is not all that. If you don't arrange your affairs carefully, or make sure your residency is somewhere low tax about 40 to 50% is going to go in tax. So that leave you 160000 GBP on spending.

Now, don't get me wrong that's good money lovely. But it's no where near the top table. You are nowhere near the seriously rich and in cities like London it will quickly run out unless you budget carefully.

What the OP also misses is that to get an income of 500000US at current interest rates means you are going to need about 50 million in capital.

Now, that's lovely money, but as any person with a penny or two will tell you, it's also a major headache. To preserve your capital you will either have to manage it actively, or have people to do it for you. In the latter case, you are going to have to be vigilant about rip offs and frauds. Unless you are exceedingly careful, you will be at the mercy of Swiss, Luxembourg or Singaporean private bankers who might not always have your best interests at heart. You will have to devote time to managing your money. And because your income isn't that huge you can't afford unlimited first class travel, which means you can't rock up in Zurich whenever you like to harangue your money manager in person.

But perhaps low tax is your thing, in which case you take up residence in some tropical paradise like the Isle of Man (snark, snark). Only thing is that he night-life sucks there. So, you travel around making sure you don't spend too long in any single country where the zealous tax authorities might decide you are actually tax resident in their country and try to lock you up for tax evasion.

Got that?

Good, once you've sorted it out you can go chase some poon.

Post: #22

But WestCoast you don't have a financial advisor, you have a family office. This is a group of people that you need to manage to make sure they handle the investments properly. You also have the estate lawyers, regular lawyers, insurance specialists, etc. It does take time to setup and keep running. Don't get me wrong, it beats the heck out of actually working for a living. But finton I think overstated needing 50M liquid to make 500K US, it is less but not as low as you think. Making 5-6% return with low risk in this market gets you stuck with crap products like the ARPs that imploded.

Post: #23

I think I'll restate the obvious. No one on this board will ever reach 500K annual risk free even at 5%. Second, to manage money does not require a "family office or a financial advisor" simply used that as an example. Let's take a realistic example, $1M

10% cash running at (1%)
15 % junk bond yield group @ (7%)
10% small cap growth @ (10% with std deviatin of 15 % annual)
15% mid cap (8 % std deviation 10% annual and 1.8% dividend yield)
20% reits (10 % yield 0% cap gain, 5% std deviation)
30% large cap (4.5% cap gain, 5% std deviation, 3.5 % dividend yield)

Put all of this on auto reinvestment, or simply log into your account once a month or quarter to reinvest the dividends, doesn't take more than 7 clicks. If you can't do that you're prob too lazy to ever make a lot of $$$.

(06-28-2012 10:55 AM)Gringuito Wrote:  But WestCoast you don't have a financial advisor, you have a family office. This is a group of people that you need to manage to make sure they handle the investments properly. You also have the estate lawyers, regular lawyers, insurance specialists, etc. It does take time to setup and keep running. Don't get me wrong, it beats the heck out of actually working for a living. But finton I think overstated needing 50M liquid to make 500K US, it is less but not as low as you think. Making 5-6% return with low risk in this market gets you stuck with crap products like the ARPs that imploded.

Post: #24

I don't want to turn this into a silly pissing match but you're not correct that no one on this board will ever reach 500K a year for investments.

Also the investments you indicated below are not risk free, quite the opposite. If you try to pull $50k (any number will work) a year from this money you'll run into problems quickly. When you have a down year, you are so heavily equity based that your total net worth could go down 10-15%. That 50K you're pulling out that year is now a much bigger percentage then it was when your investments were flying-high. If you allow a few good years followed by bad years (all within your std deviation) you'll find that the money runs out somewhat quickly.

Let's just agree to disagree and move on.

(06-28-2012 11:07 AM)WestCoast Wrote:  I think I'll restate the obvious. No one on this board will ever reach 500K annual risk free even at 5%. Second, to manage money does not require a "family office or a financial advisor" simply used that as an example. Let's take a realistic example, $1M

10% cash running at (1%)
15 % junk bond yield group @ (7%)
10% small cap growth @ (10% with std deviatin of 15 % annual)
15% mid cap (8 % std deviation 10% annual and 1.8% dividend yield)
20% reits (10 % yield 0% cap gain, 5% std deviation)
30% large cap (4.5% cap gain, 5% std deviation, 3.5 % dividend yield)

Put all of this on auto reinvestment, or simply log into your account once a month or quarter to reinvest the dividends, doesn't take more than 7 clicks. If you can't do that you're prob too lazy to ever make a lot of $$$.

Post: #25

Fair enough, trying to avoid disinformation, my investment thread is still up. There are 2 falsehoods above 1. Never said risk free 2. Never said $500K net worth, that's chump change relative to net income. Everyone can choose to take advise from who they want and I am stating here blatantly if you believe textbook finance advise, you will be burned to the ground.

Anywho back to topic, at $40 liquid annual passive, I'd shack up in a low cost Country and chill out surfing for the rest of my days and hit on women 7 days a week!