/biz/ - Business & Finance

>>1644491
Yeah, take the damn house. Rent out a room or two to properly vetted tenants. Use that money to turn a hobby into a career.

>>1166832
How do you think they feel? The only financial reason to spend so damn much time/money on having a kid is so they'll take care of you when you're old and sick. Now they're old and sick and their loser heir can't even take care of himself.

>>950985
Most African nations don't follow capitalism, so it's a point for you. Saying that we fucked them in the 1600-1800s is absurd, we absolutely fucked Germany from 1940 to 1980 and they're the strongest in the EU now. America was fucked in the 1930s and they're the strongest financial/militaristic nation in the world now. England fucked China to shit and they're a powerhouse, Germany raped Russia and they're the biggest threat the west has.

If Africa isn't fixed yet, it's because of Africans.

>>735485
First thing first: pay off your debts. If your debt interest rate averages 6%, then paying it off just as effective as making 6% returns.

If your company matches 401k, put in as much as they match up to (normally 5%). It's a free 100% return, even if the market is stagnant until you retire (it won't be).

If your company offer ESPP and their stock hasn't been shit, it'd be worth looking into if the discount is 10% or more. 15% is preferred. My company offered 5% and it just wasn't worth the time.

Make a budget, then stick to it. Check your receipts, bank statements, etc, after the first 3 months, and know exactly how much you're REALLY spending. You'll want to save up 6 months worth of your living expenses in an emergency fund, slap those into a savings account for somewhat reasonable interest.

Once all of that is done, save up for a house. Expect repairs and closing costs to be about 15k, and then you'll want a down payment of 5-20%. You'd preferably want 20%, but renting for years to save up is bullshit, so go with 5% if your job is stable and your skills are marketable.

Then, and only then, once you have a 401K, an emergency fund, and no major financial projects, you start throwing money into a Vanguard fund so other people make money for you.

This is /biz/. what you're seeking is facebook.

>>679370
I'd rather spend 17K on removing my balls.