/biz/ - Business & Finance

>>51014507
My uncle gave me this book about tax and your retirement.
Most people don't give any consideration to the amount of tax you'll have to pay when you cash out a traditional 401k.
Would you rather pay tax on $10k/yr or $200k/yr

>>51022417
This is the way you have to look at stuff like IPO fud, which is laughably pathetic.

The staking we've been waiting for will generate so much revenue that Chainlink will become so powerful, it'll be scary.
Waiting 5 years for something as revolutionary as Link staking, is NOTHING.

It's honestly hilarious how the retards on this board are pointing to shit like SHIB as an excuse to try and chase profits outside of LINK.
My uncle was a really intelligent investor and steadily put money into his 401k and self managed Roth IRA.
During the 08 recession he was totally upside down on the stocks he bought, and ended up having to take a different job.
However, he continued to buy those stocks
(he never got into telling me which exact stocks because he wanted me to do my own research and find things that made sense for me. Instead, he just preached the strategy)

I'm following the same method with IRA and Roth 401k that he helped me establish, but I'm also continuing to invest in LINK the same way.
The point is, in this market it's going to take a while for things to recover, but we have the opportunity to increase our positions.

My uncle raised a family and retired as soon as his kids finished college even though he never made more than 100k/year.
Now he's chilling on the beach and having a blast.

pic related- The book he gave me that he learned a lot of his strategy with.