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davewasthere | 3 years ago
But yeah, if you're talking USD, then one could easily live comfortably for five years in Vietnam/Thailand for $20k/year. (Although you could easily live in a ton of countries if you pick your town/city/area correctly) Then smash out all those side-gig bootstrap ideas that come to mind. If you can build MRR of approx $6k, then you've effectively built up the equivalent of $1M earning 7% in the bank.
Actually, my latest company was started 3 years (and nearly a month) ago, and is now earning easily that in revenue from one of its Saas products, so yeah, it's definitely acheivable.
throwawayacc3|3 years ago
Haha I love this! There was a gentleman that put his entire life savings on red and televised the event [0].
In reality for anyone reading, if you do want to gamble against the house, I suggest playing Craps and betting the Don't Pass Line. After surviving the first roll(s) and the button has been placed, you're allowed to place an additional bet called "laying the odds". This is the best bet in the casino. It is exactly 50/50, 0% house edge. The total casino edge for this combibed bet is less than 1% [1], where are roulette, red or black can have a house edge over 5% [2].
[0] https://youtube.com/watch?v=Airbq7bn0_o
[1] https://easy.vegas/games/craps-dont-pass
[2] https://roulette.com.au/rules-bets/red-black/
xupybd|3 years ago
If you are trying to save as much as possible you'd be able to live on half that in Vietnam easily.
falloutx|3 years ago