Ask HN: How to become a millionaire in 3 years? (2022)

Re:Ask HN: How to become a millionaire in 3 years? (2022) by froaway4job on Tuesday February 01, 2022 @02:46PM (#30168122)

I became a multi millionaire this past decade, and I think it's now become even easier to become one. Here are the steps I took:

  1. Work remotely
  2. Live in a low cost of living area
  3. Work multiple remote jobs (I currently work 4 full time SWE roles)
  4. Invest that money (Equities, real estate, side hustles)
  5. Rinse and repeat

This pattern has lead me to an 8 figure net worth (primarily in real estate rentals and retirement accounts) and a 7 figure income that doesn't even include passive income such as rentals and dividends in the mid 6 figures.

It took me a decade to achieve that but with remote work growing and inflation increasing it should be achievable in 5-6 now. Will 1 million be worth what it was? Probably not, but you'll never be poor.

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Re:Ask HN: How to become a millionaire in 3 years? (2022) by uejfiweun on Tuesday February 08, 2022 @05:22PM (#30265686)

Would love to do something like this. I am currently working like 10 hours a week at my remote FAANG job and to be honest I'm mostly bored during the day. Were you concerned about any legal liability or anything?

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Re:Ask HN: How to become a millionaire in 3 years? (2022) by mtmail on Tuesday February 01, 2022 @03:59PM (#30169178)

> I currently work 4 full time SWE roles

How many hours per week is that?

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Re:Ask HN: How to become a millionaire in 3 years? (2022) by froaway4job on Tuesday February 01, 2022 @04:03PM (#30169213)

I work around 40-50 hours per week. Most of the teams that I work on are pretty low performing and the actual work involved isn't too bad. I try not to submit anything early when I'm finished.

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