/biz/ - Business & Finance

Fuck 'em

My best mates sister is like this and is addicted to her phone all day. We would be out at a restaurant having a conversation and she would be checking her phone whilst you'd be trying to converse with her. She is constantly posting pictures of a luxurious lifestyle she can't afford and gets her dad to partially fund her holidays. Baring in mind these are the same chicks who would pump their fists to the promotion of feminism yet are suckling off the financial tit of in most cases a man in their life.

You can try and educate people with this mindset about investments and good money handling skills but from my experience a majority of them don't listen. You can lead a horse to water but you can't make it drink.

As much as it is disappointing to see a whole generation of people spend what they can't afford on luxury goods and lease cars when they have little or no savings let alone a pension you've got to see them as sheep who can be profited off. Invest in some companies which they spend loads of money on. LVMH is a good example Kering is another fashion orientated company that will make good gains with selling goods to people who can't afford them. All these Instagram kids love their iphones so maybe APPL is a good shout (however i think APPL is probably going to slow as they arent making the technological advancements they used to but they have a good balance sheet).