Thread by @CringleKitten

(Part 1) I know we joke a lot about #wenlambo.

You guys are about to become part of the 1%.
But the homework is not done.

There are tiers within that 1%. The top of that 1% is Jeff Bezos, Elon Musk, Bill Gates, Mark Zuckerberg etc.

You will be part of the bottom of that 1%.

(Part 2) Truth is, 70% won't be able to make it and maintain that new status. Squeezes are just like lotteries and be sure that you are not part of that statistics.

Going back to the lambo purchase. If you choose to buy one, good for you. Your money is your responsibility.

(Part 3) Consider this. The high average of a lambo is 500k. If you commit to use that 500k for passive income, this is what you get.

500k under a brokerage account, with a solid 10% APY (with good research) will give you roughly 50k/year.

(Part 4) Assuming you are 30 years with the global life expectancy at 72 years old, you are looking at $2.1M in lifetime returns. And it doesn't end there. Compound interest and dividend growth may end you between $10-30M in your lifetime depending how much you want to reinvest.

(Part 5) Why buy a lambo ASAP if you haven't done your research and get that passive income working for you?

Why cutting yourself short first just to have 5-10 years of temporary joy instead of earning yourself a lifetime worth of happiness and financial freedom?

(Part 6) Once you grow your millions into more millions, you'll make so much passive income above your burn that you'll be able to purchase all the fun that you want if you are able to wait.

Patience is the name of the game.

It always has been.