{"id":631646,"date":"2024-09-11T17:55:40","date_gmt":"2024-09-11T21:55:40","guid":{"rendered":"https:\/\/erickimphotography.com\/blog\/?p=631646"},"modified":"2024-09-11T17:55:43","modified_gmt":"2024-09-11T21:55:43","slug":"how-to-become-a-millionaire-3","status":"publish","type":"post","link":"https:\/\/erickimphotography.com\/blog\/2024\/09\/11\/how-to-become-a-millionaire-3\/","title":{"rendered":"How to Become a Millionaire"},"content":{"rendered":"\n

Big idea: how to store<\/em> value without a trusted intermediary? \u00ef\u00bf\u00bc<\/p>\n\n\n\n

One of the issues with batteries, electric cars, Teslas\u00e2\u20ac\u00a6 You cannot store the value, store the energy! It will slowly bleed. I suppose one of the upside of having a Prius, is the gasoline will sit in your car, and not lose value or energy or power.<\/p>\n\n\n\n

Also\u00e2\u20ac\u00a6 If you think about MPG is like maintenance cost\u00e2\u20ac\u00a6 Then he or she becomes the richest, is basically predicated on the fact of here who has the lowest maintenance costs.<\/p>\n\n\n\n

the secret of becoming rich \u00ef\u00bf\u00bc\u00ef\u00bf\u00bc<\/h2>\n\n\n\n

OK, now with my net worth with Cindy and Seneca over 1M, 1.2M and beyond\u00e2\u20ac\u00a6 I suppose now I can say I am a \u00e2\u20ac\u0153millionaire\u00e2\u20ac\u0153. Yet the irony:<\/p>\n\n\n\n

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I haven\u00e2\u20ac\u2122t bought myself anything in almost 5 years.<\/p>\n<\/blockquote>\n\n\n\n

The only thing I purchased recently about a year ago was my infamous Texas power squat bar, \u00ef\u00bf\u00bc\u00ef\u00bf\u00bc fully worth it, about $500 USD I think including shipping. \u00ef\u00bf\u00bc this is what allowed me to lift my infamous atlas lift, to visualize this imagine the power squat rack with 10 plates on each side, with a 25 pounder and a five strapped on.<\/p>\n\n\n\n

Think plates, not poundage or numbers \u00ef\u00bf\u00bc\u00ef\u00bf\u00bc<\/h2>\n\n\n\n

Also as this random small aside\u00e2\u20ac\u00a6 Do not think and consider Official numbers, better to think and consider how many plates you could lift. I think we human beings deal better with visuals, rather than arbitrary numbers like how many pounds it weigh or whatever. For example you could tell somebody you could lift 1000 pounds, but that notion is almost too abstract and difficult to decipher. Easier to say that I could lift over 10 plates — my next goal, to lift 11 plates, or 12 plates and beyond?<\/p>\n\n\n\n

I suppose the reason why this is so interesting to me is because also I think if we think about bitcoin\u00e2\u20ac\u00a6 Already now\u00e2\u20ac\u00a6 You can measure your wealth by how many bitcoin you own. Casual conversation: how many bitcoin do you own right now? Are you buying bitcoin yet?<\/p>\n\n\n\n

For example, do you have one bitcoin, two bitcoin, three bitcoin, five bitcoin, 10 bitcoin? 15 bitcoin, 16 bitcoin, 20 bitcoin, 22 bitcoin? Etc.?<\/p>\n\n\n\n

Back to getting rich<\/h2>\n\n\n\n

My simple thought is now and nowadays, essentially what richness is is how many bitcoin you own? Bitcoin is the first and only real new true money, all other money is fake. This includes the US dollar, which is not real money.<\/p>\n\n\n\n

\u00ef\u00bf\u00bcRetention<\/h2>\n\n\n\n

There is an interesting new trend called \u00e2\u20ac\u0153semen retention\u00e2\u20ac\u009d– essentially the best idea is<\/p>\n\n\n\n

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How long can you conserve your spunk?<\/p>\n<\/blockquote>\n\n\n\n

To me this is a really fasting idea because the biggest issue that a lot of people have is they are always blowing their load far too frequently, I can personally attest to this when all is in my teenage puberty years, my 20s, etc.<\/p>\n\n\n\n

The problem is you have all these raging hormones, and rather than channeling that energy power testosterone and seminal power into sports, weightlifting, physical activity and combat\u00e2\u20ac\u00a6 \u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc brother, we expelled it needlessly, by jerking off to porn.<\/p>\n\n\n\n

Certainly better to jerk off to porn then get some random girl pregnant. Or catch an STD or an STI. Yet, if you\u00e2\u20ac\u2122re an adult, in your 20s, beyond your 20s\u00e2\u20ac\u00a6 Certainly once you hit your 30s\u00e2\u20ac\u00a6 Then, I think to maintain your masculinity, to maintain and conserve your semen is a good idea. Only Conserve your semen for your wife, nothing else.<\/p>\n\n\n\n

\u00ef\u00bf\u00bcMoney retention<\/h2>\n\n\n\n

\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bcAlso, this is the funny irony: \u00ef\u00bf\u00bc<\/p>\n\n\n\n

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Everyone wants to have $1 million in the bank or their checking account, in order to purchase the Lamborghini, the Bugatti, whatever.<\/p>\n<\/blockquote>\n\n\n\n

But the question is: let us say you have 1.2 M saved up, then, do you mean legal out and buy the Bugatti? No! You conserve that money, you buy bitcoin and you grow that money!<\/p>\n\n\n\n

The second that you spend your $1.2 million on a $1.2 million \u00ef\u00bf\u00bc\u00ef\u00bf\u00bccar, now you\u00e2\u20ac\u2122re checking account or your balance become $0.00. And now you can\u00e2\u20ac\u2122t even afford to pay for gas on it nor can you even pay your insurance on it, let alone for oil changes.<\/p>\n\n\n\n

So the irony here is actually\u00e2\u20ac\u00a6 Thought the most strategy is to just buy the Prius, or better yet, get it for free 99!<\/p>\n\n\n\n

\u00ef\u00bf\u00bcNever buy a car that cost more than $2500 USD<\/h2>\n\n\n\n

I would actually say one of my critical get rich abilities was never spending more than $2500 USD on a car. \u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc And I am 36 years old, born in 1988.<\/p>\n\n\n\n

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Tell me what you drive and I will tell you who you are.<\/p>\n<\/blockquote>\n\n\n\n

Even a funny thing\u00e2\u20ac\u00a6 I see that a lot of guys who work at dealerships\u00e2\u20ac\u00a6 For example my beloved Toyota Culver City dealership\u00e2\u20ac\u00a6 Most of the guys don\u00e2\u20ac\u2122t actually even drive a Toyota? Oh she was funny\u00e2\u20ac\u00a6 Always walk by it, and then I ask them\u00e2\u20ac\u00a6 \u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc what car do you think I drive\u00e2\u20ac\u00a6 One of the kids Kai said he thought maybe I drove a Porsche 911, \u00ef\u00bf\u00bc which I appreciate it\u00e2\u20ac\u00a6 Because cars are essentially an ethos or concept, not the car itself.<\/p>\n\n\n\n

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He drives a Lambo.<\/p>\n<\/blockquote>\n\n\n\n

Now, i\u00e2\u20ac\u2122m just going to joke and lie\u00e2\u20ac\u00a6 And ask people when they think I drive what\u00e2\u20ac\u00a6 I\u00e2\u20ac\u2122ll just tell them that I drive a Hurucan Tecnica or a Hurucan Sterraro. Because honestly\u00e2\u20ac\u00a6 Maybe currently that is my soul car. It is actually very very surprising to me, I don\u00e2\u20ac\u2122t actually really like the Hurrican that much, but frankly speaking\u00e2\u20ac\u00a6 The allure of the scissor doors aren\u00e2\u20ac\u2122t really that interesting to me anymore? It just kind of a gimmick, if you think about the original Kouch, which wow was made in the 70s\u00e2\u20ac\u00a6 I think 1974? Funny enough seeing the blog post on it by Lamborghini, it looks so ahead of its time, but now in the year 2024, why is all the design so basic and lame?<\/p>\n\n\n\n

The ultimate flex?<\/h2>\n\n\n\n

If you\u00e2\u20ac\u2122re rich, why would you not drive a Lamborghini? Honestly even though I am critical of the Lamborghini is still probably the coolest car.<\/p>\n\n\n\n

Or better yet\u00e2\u20ac\u00a6 Drive a Prius, and have your body look like a Lamborghini?<\/em> This is the true and ultimate flex. \u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc<\/p>\n\n\n\n

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Think MPG, maintenance cost, insurance.<\/h2>\n\n\n\n

I\u00e2\u20ac\u2122m currently watching some Michael Saylor videos on bitcoin as digital gold, the whole innovation behind it etc. Also philosophies on becoming rich etc.<\/p>\n\n\n\n

What is the quickest way to get poor? \u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc purchase a Ferrari, which after 3 years\u00e2\u20ac\u00a6 You\u00e2\u20ac\u2122re going to eat at least $1 million of maintenance fees. \u00ef\u00bf\u00bc\u00ef\u00bf\u00bc After that it is probably a yacht, in which you will eat the maintenance cost after just three years.<\/p>\n\n\n\n

Ultimate Granger of a Prius, especially the 2010 edition\u00e2\u20ac\u00a6 It literally almost cost nothing to maintain it. All you gotta do is change the oil, and you\u00e2\u20ac\u2122re good!<\/p>\n\n\n\n

And also, then PG is on it is so good, I\u00e2\u20ac\u2122m probably not spending more than $38 a month on gas. And Insurance is so so cheap, you could just get the cheapest liability insurance, because if you scratch your car, somebody hits it or whatever, it\u00e2\u20ac\u2122s not really a big deal.<\/p>\n\n\n\n

And also\u00e2\u20ac\u00a6 The whole annoying thing about anxiety. For example, I\u00e2\u20ac\u2122m pretty sure if I had the Lamborghini, there\u00e2\u20ac\u2122d be a bunch of stupid kids scratching penises into my car, or trying to stand on top of my car and pose with it etc. \u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc or the anxiety of a random grandma who parks next to my car scratching my car etc.<\/p>\n\n\n\n

Bird poop on your rolls Royce<\/h2>\n\n\n\n

\u00ef\u00bf\u00bcSo there is this really nice park I like to go to with Seneca, the Holmby Hills park and playground. \u00ef\u00bf\u00bc\u00ef\u00bf\u00bc I think I once saw Jimmy Iovine walking around there. \u00ef\u00bf\u00bc\u00ef\u00bf\u00bc Essentially, it is probably the ultimate rich people park, the record-breaking $150 million mansion is right across the street. And I think Hugh Hefner used to have his historic Playboy mansion in Holby Hills. \u00ef\u00bf\u00bc \u00ef\u00bf\u00bc<\/p>\n\n\n\n

Anyways, it is a super super nice park, and whenever I take Seneca there\u00e2\u20ac\u00a6 To find parking next to it is always a clutch thing. Unfortunately, my 2010 Prius is barely small enough to actually fit inside of it well. And whenever I park my Prius and find a parking spot, thank god, and I am not worried about birds pooping on my car, or getting leaves stuck on it or whatever\u00e2\u20ac\u00a6 I am so grateful.<\/p>\n\n\n\n

Even though I love cyber, I am so grateful that I don\u00e2\u20ac\u2122t actually own one, because once again, the whole parking thing! Once again, I think cyber truck is more of a state of mind thing, \u00ef\u00bf\u00bc and an attitude and a concept\u00e2\u20ac\u00a6 Not actually the cybertruck itself. \u00ef\u00bf\u00bc<\/p>\n\n\n\n

And also, this is the whole Lamborghini thing. It ain\u00e2\u20ac\u2122t really about the Lamborghini itself\u00e2\u20ac\u00a6 Rather it is the attitude around it.<\/p>\n\n\n\n

Smile!\u00ef\u00bf\u00bc<\/h2>\n\n\n\n

What costs nothing, \u00ef\u00bf\u00bc yeah it gives you everything? Super simple, smiling! Smiling a beautiful woman, smiling at kids, smiling at guys, handsome guys whatever.<\/p>\n\n\n\n

I think this is the weird thing, for myself\u00e2\u20ac\u00a6 I love all beautiful human beings. When people look dark morose and emo and unwell\u00e2\u20ac\u00a6 They automatically turn me off.<\/p>\n\n\n\n

I love beautiful women, I love beautiful men, I love everybody! I especially love children because they are so pure, uncorrupted by society\u00e2\u20ac\u00a6 Since Seneca is not yet in school, he is once again totally un corrupted, and pure! I love this.<\/p>\n\n\n\n

\n\n\n\n

Back to money<\/h2>\n\n\n\n

Now that I\u00e2\u20ac\u2122m rich and could essentially afford anything\u00e2\u20ac\u00a6 Ironically enough more more of my gut feeling is towards creative constraints.<\/p>\n\n\n\n

For example, growing up poor, given that you have enough wisdom, might be the biggest blessing. Why? When you you have too much money, do you often become lazy and you\u00e2\u20ac\u2122re thinking, and also\u00e2\u20ac\u00a6 You become less innovative.<\/p>\n\n\n\n

For example, if Steve Jobs and Steve Wozniak was not so scrappy, just building apple computers in Steve\u00e2\u20ac\u2122s parents garage, Apple might not be the apple that we know today. I am sure that even IVM at the time, even though they were throwing millions of dollars at research and development, they could never match the genius of Steve Jobs.<\/p>\n\n\n\n

Also what a lot of people don\u00e2\u20ac\u2122t know about Elon Musk, is how insanely scrappy he was. He essentially lived like a homeless person, the first 5 to 10 years of his entrepreneurial endeavor. And even now\u00e2\u20ac\u00a6 He lives a quite ascetic lifestyle, I think he just rents a two bed Bath apartment or structure or mobile thing somewhere in Austin? \u00ef\u00bf\u00bc\u00ef\u00bf\u00bc \u00ef\u00bf\u00bc\u00ef\u00bf\u00bc\u00ef\u00bf\u00bc
So me\u00e2\u20ac\u00a6 Just think, creative constraints. Do not spend money on stuff is actually more manly, more Spartan and more than to just piss away money even though you can!<\/p>\n\n\n\n

ERIC<\/p>\n\n\n\n

\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Big idea: how to store value without a trusted intermediary? \u00ef\u00bf\u00bc One of the issues with batteries, electric cars, Teslas\u00e2\u20ac\u00a6 You cannot store the value, store the energy! It will slowly bleed. I suppose \u2026<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_ek_photo_artist_note":"","_ek_photo_thesis":"","_ek_photo_camera":"","_ek_photo_place":"","_ek_photo_human_moment":"","_ek_photo_sequence":"","_ek_photo_question":"","_ek_photo_canonical_claim":"","_ek_photo_ai_summary":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[17],"tags":[],"class_list":["post-631646","post","type-post","status-publish","format-standard","hentry","category-posts"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/631646","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/comments?post=631646"}],"version-history":[{"count":1,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/631646\/revisions"}],"predecessor-version":[{"id":631647,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/631646\/revisions\/631647"}],"wp:attachment":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/media?parent=631646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/categories?post=631646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/tags?post=631646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}