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/biz/ - Business & Finance


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10443592 No.10443592 [Reply] [Original]

what's the point of making money if you're always busy making money?

>> No.10443607

>>10443592
Once you made enough money you ARE ABLE to stop making more money. Unfortunately, once you made enough money, yor are greedy af and already in the hamster wheel 5.0 and you keep doing more money. So either way...you are lost.

>> No.10443633

>>10443592
The point is to make enough so that you can stop making money and have "fuck you" money and tell your boss that you quit. Most people never hit this point though, because they fall into debt traps and increase their spending to match their income.

>> No.10443648
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10443648

>>10443607
indeed

but what about focusing on passive income?

>> No.10443674
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10443674

>>10443648
That's the 300 IQ club strategy. Most of the passive income is a (((meme))).

>> No.10443678
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10443678

>>10443633
...except for passive income

>> No.10443851
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10443851

>>10443674
>1-4 unit blue collar working class real estate
>snack vending machines
>cash atm machines
>bitcoin atm machines
>peer to peer lending

>> No.10443868

>>10443851
Explain the problem of getting passive income from bonds and stocks. With a high enough net worth, it seems airtight, but it never comes up in these threads.

>> No.10443882
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10443882

>>10443648
>passive income

Did anybody say Vechain?

>> No.10443928
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10443928

>>10443868
because it assumes that you already have a high net worth, since in order to make enough passive income to sustain yourself via bonds and stocks, you have to have a net worth, and to do that you have to spend a lot of time raising your net worth, which many would say defeats the purpose of getting into it in the first place

the majority of people on this board let alone the internet have low net worths
>>10443882
begone brainlet peasant filth