A friend of mine who works in a company that manufactures medical devices and testing kits recently bought a 18 million dollar house in our town. This was a guy who made six figures, but whose rise to fortune seemed almost too good to be true.
I inquired about how he was able to do it. His response was that his company, which normally sells Troponin test kits (used to detect heart damage) banked record profits in the last quarter and he got a 60 percent pay raise.
Just thought I'd share.
It feels like you are all missing the point that his good fortune has to do with all the heart issues related to the jabs?
That has to be hundreds of thousands of additional tests to get a 60% pay increase. But what a waste of money!
How much to you have to make to afford an 18 million dollar house? Seems like 6 figures isn’t enough. Even if you made 1 million a year, I’m not sure that’s even really doable.
You’d be surprised but the answer is actually “$18million”
🤣
Ask if he also got funds from the Covid relief fund, which currently can't account for, what, something like $190B?
18 million? I didn't think there were many houses in that range. Dang !
There weren't, pre pandemic...
Well the houses I build that were around 300k 3 years ago are now going for 700k. This wont last much longer though. Houses that are 700k now will soon be less than the original 300k.
In 2008 I was buying lots for pennies on the dollar. Lots that had been 100k were selling for 10k or less.
60%.....Probably funded by gov't subsidies..... And all the truckers and business owners who had to go to extraordinary measures just to keep the doors open....
Damn!
Sadly it sounds like I need to reluctantly do some investment research here.
Might be a good time to invest in companies that manufacture cassette style Troponin I test kits. I have a feeling these are going to be needed.
He probably had plenty of stock options or received an inheritance. 300k/yr isn't enough to afford an 18m home.
Taxes and maintenance on that type of home would be over $100k/year.