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/biz/ - Business & Finance

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>> No.55926768 [View]
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55926768

>>55926171
he tells people that they shouldn't buy a house until they're able to pay 50% down

for average wagecucks that basically means they have to wait until their 40s to buy a house and they end up hundreds of thousands of dollars poorer because they throw more money away on rent and miss out on house price appreciation

>> No.29950658 [View]
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29950658

>>29950158
this is a good answer

>> No.24987646 [View]
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24987646

>>24986846
>>24987404
if he gets $2,500 quarterly then he gets $10k annually; if we assume the average dividend yield on his stocks is somewhere between 2% and 4%, then his portfolio is worth somewhere between $250k and $500k

>> No.23998024 [View]
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23998024

>>23997815
that was a smart move, anon. This time's the real moon mission

>> No.22547958 [View]
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22547958

>>22547570
continued
>compound interest is a big deal. Live frugally and invest heavily during your 20s and it will pay dividends for the rest of your life
>if your friends invite you to go with them on an expensive vacation, or to an expensive concert, don't go, save the money
>buy your furniture on Craigslist or at Goodwill, or even better, look up the bulk trash pickup day in an expensive neighborhood and grab their expensive furniture before the trash men come get it
>if you're near a college, go dumpster diving outside the freshmen and sophomore dorms during move-out week; I once found a working Xbox 360 with four controllers and a bunch of games thrown in there, also lots of TVs and mini-fridges
>vet bills are expensive, avoid getting a pet until you're decently well-off and can afford the extravagance
>instead of buying a new iPhone, ask your parent if you can have their last-gen iPhone that's probably sitting in a closet collecting dust
>don't sign up for monthly subscriptions
>learn to cook at home instead of eating out
>build your own gaming PC instead of buying a pre-built one that's marked up 50%; don't buy an Xbox or Playstation and pay a monthly subscription to be able to play games you already paid for like a cuck

>> No.22372331 [View]
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22372331

>>22372128
James Altucher just says ridiculous shit to drive traffic to his website, to get new subscriptions to his newsletter, and to sell books

don't believe his bullshit

>> No.19001575 [View]
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19001575

should The Profit be required watching on /biz/? Have any small business owners on /biz/ been inspired after watching this show?

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