/biz/ - Business & Finance

Moral reasoning: Staking is usury and usurers go to same ring of hell.
Financial reasoning: Staking holds your assets while founders dump on you.

>tfw 0 link

>>56238407

>>56233358
It took me 3 years to realize that active investing as an individual doesn't make sense. The time and effort wasted actively analyzing and monitoring your companies is better spent improving your skills to increase your income. Unless you have a lot of savings, you should invest your time into building skills and improving your income. You won't be the next Warren Buffett.
Buy index funds. You get average returns guaranteed, you don't have to worry about bankruptcies or updating your portfolio through the decades meaning that if you really want you can just defer taxes until you die which means that in the long run, even though you are getting average returns, you'll end up with more money because you're not paying any taxes on unrealized gains that just keep on compounding forever. You can always borrow using your portfolio as collateral and never pay a single tax dollar. You'll always be diversified too.

Just get another hobby

>In the US waiters tell you their name when they sit you down and you have to remember it and call them by their name during the whole thing and at the end you have to give them extra money as a gift that's not compulsory but if you don't they spit in your food

Is this a good business model? Would the service suffer if you weren't allowed to tip?