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If you can earn $150k a year, and your living expenses are $30k and you have no kids, you can squirrel away cash pretty fast. Tesla is certainly a risk, but it
by erikpukinskis 10y ago
If you can earn $150k a year, and your living expenses are $30k and you have no kids, you can squirrel away cash pretty fast.
Tesla is certainly a risk, but it's one of the few companies that actually has a plan which would lead to a trillion dollar market cap if successful. It's not insane to put the bulk of your net worth in an investment like that if you only care about potential upside, not the downside.
- austenallred 10y agoMy salary is less than that, and I'm married with a kid, but I earn about as much from side projects as my salary, so it makes for quick saving (after taxes)