How long could you live off your savings?

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  • Angie
    Confirmed User
    • Sep 2002
    • 460

    #1

    How long could you live off your savings?

    If your work went belly up tomorrow, how long would you be able to live comfotably from your savings without getting another job?

    I've been thinking alot about investing in my future recently, I probably should have done that from the start but I was busy enjoying myself and with hindsight I should have kept more than I have. I was just wondering what you guys thoughts were...

    Don't give any personal figures, just an estimate of a time scale.

  • Gasper

    #2
    Two years

    Comment

    • hova
      Traffillionaire
      • Jan 2002
      • 22430

      #3
      not long, I would get bored to soon
      http://traffillions.com/

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      • cocky
        Confirmed User
        • Jan 2004
        • 2044

        #4
        I just gave all mu savings to Overture.....so probably a week....maybe.
        The Best Porn Site

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        • Oracle Porn
          Affiliate
          • Oct 2002
          • 24433

          #5
          savings?


          Comment

          • Angie
            Confirmed User
            • Sep 2002
            • 460

            #6
            Originally posted by Gasper
            Two years
            Not bad

            Comment

            • Angie
              Confirmed User
              • Sep 2002
              • 460

              #7
              Originally posted by Oracle Porn
              savings?
              hehe I know the feeling

              Comment

              • polish_aristocrat
                Too lazy to set a custom title
                • Jul 2002
                • 40377

                #8
                3 months
                I don't use ICQ anymore.

                Comment

                • Spudman
                  Confirmed User
                  • Aug 2002
                  • 3198

                  #9
                  i'd probabily starve in about a week.
                  Take it Easy !!!

                  Comment

                  • josipk
                    Confirmed User
                    • Aug 2002
                    • 352

                    #10
                    about a year for me. When I just started in tis buisness I would spend all the money I was making on bullshit and didn't invest anything until a few months ago when I reliased that if you spend it it's not coming back but if you invest it smartly it will be coming back to you over and over again.

                    SO now I invest 80% of what I make.

                    Comment

                    • Angie
                      Confirmed User
                      • Sep 2002
                      • 460

                      #11
                      Originally posted by josipk
                      SO now I invest 80% of what I make.
                      How do you invest it?

                      Comment

                      • Gasper

                        #12
                        Originally posted by Angie

                        Not bad
                        I think I should invest some more..

                        Comment

                        • Nicky
                          Too lazy to set a custom title
                          • Mar 2003
                          • 30071

                          #13
                          max 2months....I really need to work more and invest more

                          gfynicky @ gmail.com

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                          • quiet
                            we'll miss you our friend. RIP
                            • Sep 2001
                            • 25115

                            #14
                            30-40 years.
                            we'll miss you our friend. RIP

                            Comment

                            • body
                              Confirmed User
                              • Oct 2002
                              • 5016

                              #15
                              Possible to make money in this biz? huh? What I missed
                              The Goddess Of Steps

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                              • Angie
                                Confirmed User
                                • Sep 2002
                                • 460

                                #16
                                Originally posted by quiet
                                30-40 years.
                                Damn it, I should have added to my post that anyone could answer except from Quiet, now I'm all jealous

                                Comment

                                • Angie
                                  Confirmed User
                                  • Sep 2002
                                  • 460

                                  #17
                                  What would be your choice investment to get the best return?

                                  Comment

                                  • josipk
                                    Confirmed User
                                    • Aug 2002
                                    • 352

                                    #18
                                    Originally posted by Angie

                                    How do you invest it?
                                    well first is real estate, second shares and third buisness.

                                    But the first one is the money saved if I lose money on number 2 and 3. I don't touch or finance my real estate into my buisness so if I lose I lose but I still have money from real estate rentals and if I choose to sell it I have money to live off.

                                    Hope that helps.

                                    Comment

                                    • beemk
                                      CLICK HERE
                                      • Jan 2002
                                      • 20829

                                      #19
                                      not very long, i've been putting all my extra $ into my house.
                                      I host with Vacares

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                                      • korzon
                                        Confirmed User
                                        • Jan 2004
                                        • 1524

                                        #20
                                        a couple of minutes.

                                        Comment

                                        • Mike-BP
                                          Confirmed User
                                          • Mar 2003
                                          • 1270

                                          #21
                                          3-4 year
                                          Thanks to: ISPrime.com - best hosting company without downtime

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                                          • FrankWhite
                                            Confirmed User
                                            • Nov 2002
                                            • 3540

                                            #22
                                            1-2 years.

                                            Comment

                                            • kelly
                                              Confirmed User
                                              • Jul 2002
                                              • 901

                                              #23
                                              Savings???

                                              I juggle my on and off-line money and several different ventures, I don't have any savings but could sell my share in the farm and live very comfortably for a very long time
                                              http://www.thehungersite.com

                                              Comment

                                              • shepherd
                                                Registered User
                                                • Dec 2003
                                                • 424

                                                #24
                                                If you can sell what you own then a lifetime. Don't keep savings here.. investing everything to build more cashflow.

                                                Comment

                                                • Furious_Male
                                                  Doing the grind since 99
                                                  • Oct 2003
                                                  • 16884

                                                  #25
                                                  5 years but I would go insane not working.
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                                                  • slapass
                                                    Too lazy to set a custom title
                                                    • Nov 2002
                                                    • 14625

                                                    #26
                                                    2 years but longer if pulled in a bit.

                                                    Comment

                                                    • digifan
                                                      The Profiler
                                                      • Oct 2002
                                                      • 14618

                                                      #27
                                                      Originally posted by shepherd
                                                      If you can sell what you own then a lifetime. Don't keep savings here.. investing everything to build more cashflow.
                                                      [email protected]
                                                      Webair Rocks

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                                                      • InsaneMidget
                                                        Confirmed User
                                                        • May 2002
                                                        • 3767

                                                        #28
                                                        Originally posted by quiet
                                                        30-40 years.

                                                        ;)

                                                        Comment

                                                        • strobi
                                                          Confirmed User
                                                          • Nov 2002
                                                          • 7383

                                                          #29
                                                          Around 1 year of rent and food/expenses in liquid. Not that mutch I invest all the time...
                                                          Last edited by strobi; 03-02-2004, 06:50 AM.

                                                          Comment

                                                          • Grammar Police
                                                            So Fucking Banned
                                                            • Feb 2004
                                                            • 727

                                                            #30
                                                            About 45 minutes assuming I don't eat anything.

                                                            Comment

                                                            • armyofme
                                                              Confirmed User
                                                              • Feb 2004
                                                              • 158

                                                              #31
                                                              i'm a college student so.......3.5 days, 4 if i eat only peanuts.
                                                              never trust a bald barber, he has no respect for your hair.

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                                                              • Angie
                                                                Confirmed User
                                                                • Sep 2002
                                                                • 460

                                                                #32
                                                                Quite a wide variety of answers.

                                                                I would like to start investing in property but I'm still only 20 so I think I'll hold off a while longer yet.

                                                                Comment

                                                                • design
                                                                  Confirmed User
                                                                  • Nov 2003
                                                                  • 346

                                                                  #33
                                                                  I could live at least a year or 10 years if I move to Russia
                                                                  I will buy your established site (adult or mainstream). PM me

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                                                                  • C_U_Next_Tuesday
                                                                    WW4L
                                                                    • Oct 2002
                                                                    • 10581

                                                                    #34
                                                                    Without my kids, I could live homeless and off the land.. but with the kids, I would be on a street corner slinging some one elses pussy...lol.

                                                                    I have too many kids.. can't save shit..but hubby has a 401 k that is pretty nice. We jacked that up to 8 % in January.

                                                                    Comment

                                                                    • kelly
                                                                      Confirmed User
                                                                      • Jul 2002
                                                                      • 901

                                                                      #35
                                                                      Originally posted by Angie
                                                                      Quite a wide variety of answers.

                                                                      I would like to start investing in property but I'm still only 20 so I think I'll hold off a while longer yet.
                                                                      The UK laws on farm subsidies are rapidly changing, if you want to make an easy investment look at local land rather than property which will cost more.
                                                                      http://www.thehungersite.com

                                                                      Comment

                                                                      • Jer
                                                                        God is Brazilian
                                                                        • Feb 2001
                                                                        • 10601

                                                                        #36
                                                                        One year and a few months.

                                                                        Comment

                                                                        • Angie
                                                                          Confirmed User
                                                                          • Sep 2002
                                                                          • 460

                                                                          #37
                                                                          Originally posted by kelly
                                                                          The UK laws on farm subsidies are rapidly changing, if you want to make an easy investment look at local land rather than property which will cost more.
                                                                          Yeah good point, I think I've been watching too many episodes of Property Ladder hehe. I'd like to get into property development, start small and do things right

                                                                          Comment

                                                                          • psyko514
                                                                            See sig. Join Epic Cash.
                                                                            • Oct 2002
                                                                            • 22366

                                                                            #38
                                                                            Originally posted by korzon
                                                                            a couple of minutes.
                                                                            lol

                                                                            comfortably, without touching my investments or RSPs, i could sustain my self for about 6-8 months.

                                                                            comfortably, by cashing in my investments and RSPs, about 12 months. 15-16 months if i sell off some of my "luxuries" (video games systems, second tv, etc).

                                                                            if i was really desperate, i could move to a much cheaper appartment in july when my lease is up, and by dipping into my investments/RSPs and selling off luxuries, i could sustain myself for at leas 24 months.

                                                                            it may not be much, but for me, it's a lot. i'm actually surprised when i think about it.

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                                                                            • Manowar
                                                                              jellyfish  
                                                                              • Dec 2003
                                                                              • 71528

                                                                              #39
                                                                              Originally posted by quiet
                                                                              30-40 years.
                                                                              very nice

                                                                              I could go about 2 years off the savings i have at the moment, but as my earnings are going up i have more to invest

                                                                              Comment

                                                                              • Ross
                                                                                Ik ben een aap
                                                                                • Sep 2002
                                                                                • 18874

                                                                                #40
                                                                                The way I am living my life right now I wouldn't last long. If I took it easy not very long either but longer than if I spent like I do spend now.....

                                                                                Everything is beginning to settle down for me now and I earn more and more every month so I'm hoping in about a year I can come back to this thread and say a lot longer.

                                                                                But hey you already knew all that honey didn't you?

                                                                                Comment

                                                                                • Angie
                                                                                  Confirmed User
                                                                                  • Sep 2002
                                                                                  • 460

                                                                                  #41
                                                                                  Originally posted by Ross
                                                                                  But hey you already knew all that honey didn't you?
                                                                                  I suppose it doesn't help that I spend your money too j/k

                                                                                  Comment

                                                                                  • AWW - Kevin
                                                                                    Confirmed User
                                                                                    • Jan 2002
                                                                                    • 2353

                                                                                    #42
                                                                                    if savings includes assets, or income of our investments then till we (wife and i) die. how long that is i don't know

                                                                                    cash on hand only incl. interests earned 8-10years max


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                                                                                    • Ross
                                                                                      Ik ben een aap
                                                                                      • Sep 2002
                                                                                      • 18874

                                                                                      #43
                                                                                      Originally posted by Angie

                                                                                      I suppose it doesn't help that I spend your money too j/k

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