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Ask HN: How do I get $2.2M dollars?

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Re: Ask HN: How do I get $2.2M dollars?

#31

Post by shinryuu »

SirLJ wrote: post #12

The way for me is the stock market - building trading robots, this is the way to get your FU money and believe me it is well worth it and it is the ultimate freedom in life... I would recommend starting with Interactive Brokers or similar API (it is free), small linux VPS, some data for back testing and off you go, for around $100 you can start + a lot of time of course... Start by testing any trading strategy you ca…

Did you succeed?

Re: Ask HN: How do I get $2.2M dollars?

#33

Post by gallerdude »

SirLJ wrote: post #12

The way for me is the stock market - building trading robots, this is the way to get your FU money and believe me it is well worth it and it is the ultimate freedom in life... I would recommend starting with Interactive Brokers or similar API (it is free), small linux VPS, some data for back testing and off you go, for around $100 you can start + a lot of time of course... Start by testing any trading strategy you ca…

I’ve considered going into this with neural nets - given your bio it seems you have some experience. But is this viable with a low amount of starting funds? If I programmed a .51 optimal crypto trading bot, it’d take a long time for my money to grow.

Re: Ask HN: How do I get $2.2M dollars?

#35

Post by fpisfun »

Haha nice, I always like when people think this way because I've realized I only need so much money also and killing myself working to get more than that is pointless because I already know very well that money doesn't bring happiness by itself but having too little also leads to unhappiness. I have no idea what the answer is to your question but I'm going to be reading the comments.

Re: Ask HN: How do I get $2.2M dollars?

#36

Post by fnord77 »

the problem with living on a fixed income is some big unexpected inflationary event.

This happened to my parents in the 70s. They retired in the early 70s and then BOOM inflation went nuts and what was a comfortable retirement turned into subsistence.

doesn't seem likely anytime soon, but it is still a risk.

Re: Ask HN: How do I get $2.2M dollars?

#37

Post by pkaye »

stale2002 wrote: post #28
gallerdude wrote: post #19

Earlier quoted context omitted.

Why data structures?

When he says "data structures" he actually means "interview questions". Data structures and algorithms interview questions are the only thing that Google and FB care about.

I can imagine an UI designer coming in for an interview. ...yeah I want you to invert a binary tree.

Re: Ask HN: How do I get $2.2M dollars?

#38

Post by daSn0wie »

Build something:

2,200,000 = Delivering $1 of value to 2.2mi people. Just play with that numbers until you can figure out something that you can build that fits into that model....

$1 of value to 2.4mi people (in a year) // (i fudged the number to make the math easier)

$1 of value to 200k people a month

$2 of value to 100k people a month

$3 of value to 75k people a month

$4 of value to 50k people a month

$8 of value to 25k people a month

$16 of value to 12.5k people a month

$32 of value to 6.25k people a month

...

The tricky part is figuring out what people want to pay for.

There are also abstractions to this... like advertising... An average cpm is $2.80. So you'd have to get ~$3 of value from 75k people a month (if they viewed 1000 pages/mo each).. or 75mi page views a month would get you 2.2mi a year.

Re: Ask HN: How do I get $2.2M dollars?

#39

Post by fpisfun »

gallerdude wrote: post #34
known wrote: post #32

Don't marry :)

Well, I think marriage helps give life some sort of meaning, and from a pragmatic standpoint, two salaries and a permanent roommate for life. So it might actually make more sense to marry.

You can do everything that a marriage entails without the legal contract that gives someone else leverage over everything you own.
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