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Chasing 50B NW

Started by LimitBreakr [1563326] on in General Discussion.

22 replies · 546 views · thread synced · 7 days ago · View on torn.com
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LimitBreakr [1563326]

Since the last networth rank trigger is 50B NW, whos chasing it and how are they doing?



Is the best way to own an oil rig or tv for linear income streams? Hoarding high value items as chunks of nw? Just hoping stocks go well?



Anyone got inventive methods they want to share?
Hopslam [795412]

Build more and more diversified revenue streams. One method isn't likely to cut it.

TV/Oil are good for somewhat stable and linear revenue streams, but they require a very very large investment for the daily revenue generated...

Ched doesn't like super inflation, so quick multi billion dollar profits are mostly out the door (unless, of course, you already have the 10s of billions invested in something that you can sell off at the higher price).

General feeling I have toward increasing NW, is to go after as many different revenue streams as possible. Some will be for quick flips for profit and some will take longer. It will take a nice balancing act between dealing with liquidity and investment opportunities and payoffs.
ArttiIsGod [1954421] Wiki Contributor

I'm chasing it. Hoping to make rich friends who can lend me 44 billion, so I would get my awards. Then I give back.
Hinotori [1996403]

Sounds like a scam waiting to happen

Unless you know someone in real life with that much money. In which case it still sounds like a scam waiting to happen, just a slightly more complicated scam.
Nightmare [1637448]

Im working on networth, only at 11bil atm

But have been focused on stocks lately and only using bank interest to survive off.

I figure if i can live off bank then i will be able to use rest to make more money. I would advise you to look at your current networth growth and invest in semi reliable stocks, I believe hrg is in for a 50-70% profit jump soon looking at the 1 year graph...or I could invest and be wrong.

Reliable way, run flowers do losses also bank interest is slow and steady. Companies too but huge investment and maintenance is a killer.

Semi reliable stocks like fhg and hrg prob some others but look at all the graphs and evaluate to make sure you're actually buying it in a slump

Unreliable, risky stocks, ILL, EVL most smaller ones you may be able to make 15-20 on over a month or two if your vigilant. But make sure you diversify so if a stock drops like ILL did you dont lose shirt for a few years.

And theres always bookie if you feel like quitting the game in a week after losing all your money


-DELTA- [2036372]

Oh yeah... im chasing it alright... let me get to 100m first... then 500m... and then hopefully 1b... once i get there I will be on a sure path to 50b.
LimitBreakr [1563326]

Any idea how much a PI+yacht adds to networth? Like if it were an even number like 1.5B, having just over 33 of them would be enough chunks to hit it. That'd be a lot of days to rent but if all were being rented that could snowball, if the market were that simple.
dunmugmeh [538353]

Never going to happen for me i have been on $10 billion for aeons. I keep spending it.

This is the sort of question you should direct to the #fednash crew.

#fednash