/biz/ - Business & Finance

>>10646008
DELETE

>>10646008
only applies to wagecucks

>>10646008
There are many shortcuts out there, that's the sole purpose of /biz/ expand your wagie mindset

>>10646008
capitalism is a device for transfering wealth from the poor to the rich.

>>10646008

>Not realizing wealth is a multi generational pursuit
>Not amassing a financial fortress for your heirs to keep and expand

You and your children are not going to make it

>>10646079
capitalism is a device for transferring wealth from the stupid to the smart

smart people will always get ahead, and those with above average work ethics will be quite wealthy

>>10646090
inheritance tax and inflation is designed to prevent this

enjoy your wealth

>>10646090
In practice it usually never works like that. Future generations will get soft from growing up in luxury and just blow the money. Easy times make soft men and all that

>>10646236
i hate brown people, niggers, beaners, wetbacks and gooks

>>10646236
Too true. That's why one of the most important things you can do for your kids is teach them discipline.

>>10646110

>those with above average work ethics will be quite wealthy

Yes yes work very hard wagecucks, soon you will be quite wealthy like Mr. Shekelstein. We promise!

>>10646008
boomers are so dumb

>>10646264
you gotta be pretty stupid if you have to be to think a work ethic has any correlation with being content with a dead-end job, the opposite is mostly true

>>10646090
Kek imagine slaving away your whole life just so you can hand unearned money to your brat children who will resent you and become drug addicts

rate my bathroom

yep i made it 4 years ago on stocks

>>10646090
>failing in raising your child so much, that you need to give it a lump sum for it to survive on it's own during adulthood

When people who never had problems with money speak about the subject, you better listen. This is what pure obliviousness sounds.

>>10646262
The problem being is disciplined children lash out and certainly don't raise disciplined children themselves.

>>10646008
It applies for most Americans sadly, keep that carrot dangling in front of their face. Except most people also load up on unpayable debt.

>>10646342
What is that? The polo symbol? Who does this?

>>10646008
>earn 8-10x my annual expenses each year as passive income
>been running these businesses for almost 8 years
>cashed out enough for more than 100 years worth annual expenses in last year's bull market
>still have around 50 years worth of annual expenses as btc
>comfy

>>10646342
>>10646342
seems like something a mentally ill person would do

>>10646467
What businesses?
Am trying to get something up and running so that i can funnel its profits into realestate and other passive shekel incomes.
Any advice?

>>10646079
>>10646110
capitalism is a device for allowing wealth to be created in the first place
wealth is not money—wealth is what backs money
the more wealthy society is, the more a given amount of gold, non-inflationary fiat, or non-inflationary crypto can buy you

>>10646008
>be me, 25 years old
>make money while doing the thing I love
Does that mean I've basically won the game of life?

>>10646622
I own many auto repair shop branches nationwide.

>advice
It's all pure luck.

I was classmates in high school with someone who became a famous actor, and I got references through him to get his fellow actors, directors, producers as my clients, and it just kept snowballing to other rich clientele. I'd never have made it otherwise.

I also stumbled on an online article March last year about how bitcoin could go from $1000 to $10k because of the incoming Winklevoss ETF. So I put in 1/4th of my assets into btc. And I cashed out half at $12k simply because 100x my annual expenses is a ridiculous amount of money.

It's all PURE LUCK.

>>10646110
But to get smart you need money for education and the option to educate yourself which doesn't exist if you struggle to stay alive. And then there's also your environment...

Your argument is shit.

>>10646342

Seems like something an insufferable cunt with poor taste would do.

>>10646700
Jesus.
Thanks for the heads-up, i guess...
Hoping that we will all make it like you, anon.

>>10646705
if you wanna get really hypothetical about it: you're working within your local network, and if you're in a position where education isn't widely available or provided as a right then you'll still be on an even playing field with your fellow locals

so taking that into account, IQ and creativity is still relatively even if it's not explored or developed to it's capacity in a controlled environment such as school BUT... make no mistake this individual will still rise to the top of the totem pole simply because he's smarter than the others around him

it's ALL relative, and it's not even a capitalism discussion, smart people just make it

>>10646259
I hate you

>>10646700
It's not luck. You were at the right time at the right place with the right mindset. You seized the opportunities instead of wasting them. Good on you

>>10646811
>right place right time
wow almost sounds like luck

>>10646008
>>10646090
>not realizing you're in the generation that'll be able to buy the working versions of life extension technology the Paleoboomers will vainly fund

>>10646786
spotted the liberal cuck

>>10646705
There are many rich construction company bosses who worked up from sweeping.

Daily reminder that there are exactly three levels of wealth, and neither you, nor your descendants will NEVER leave wherever you are.
Fucked: can't live comfy
Wageslave: can live comfy if bossman decides to keep paying you
/madeit/: will live comfy

>>10646259
You hate multicultural consumerism? Fucking commie

>>10646651
After achieving to preserve thy legacy, Yes

>>10646380
Brainlet, holy fuck.

>>10646008
This is LITERALLY my grandparents it makes me so angry! They are millionaires yet they save water in these disgusting tubs around their house to water plants with, and dont flush the toilet so the house smells like piss

>>10646811
This

>>10646110
not smart exactly it transfers wealth from those who poorly manage their risk to those who do it well.

>>10646342
Ralph Lauren is trash. You filled your bathroom with cheap shit while paying for someone's logo. Get fucked.

>>10646008
fucking DELET this for ffs

>>10646236
Just pretend you're lower middle class until your kids go to college.

>>10646700
>It's all pure luck.

Now this is a LARP from a poorfag. Way to blow your cover, you fucking EBT niggerr

>>10646705

just lmao if you think having """education""" and goin to college makes you smarter

>>10646041
>wagecucks are they only ones who spend their time chasing money

>>10646705
>this is your average poorfag mentality
Lmao. This is why you wagies deserve to be treated like shit.

>>10646700

Yep. Luck, connections, hard work, average or above IQ is a plus too. But most of these are out of your control so basically it's all luck lol.

>>10646110
I can't agree with this
Having above average intelligence doesn't automatically mean you'll be better off in society
Not that there are tons of hobos with 140+ IQs, but the way that the statement reads is that either everyone is either stupid or smart or that average people don't also get affected by capitalism in the same way that poor people do

>>10646110
Good goy. Yes that is exactly how it works. Clearly there aren't any complete retards who are insanely rich.

It's all about keeping your money in the family and dodging as much inheritance tax as you can so your wealth snowballs. I've already got most of my parents money and they aren't dead yet, I'll give most to my kids too and instill in them the need to preserve it.

>>10648095
>Clearly there aren't any complete retards who are insanely rich
Name one who isn't a (((media))) star, rap/music """artist""", or a niggerball player.

>>10646974
Almost sounds like mindset and the subjectivity of “comfy” have a lot to do with it

>>10648154
>>10648095
(((Politicians))) don't count either, because they're elected by literal retards half the time. Basically name someone who isn't a public figure/celebrity.

Only smart people become insanely rich.

>>10648154
Many tech giants blatantly stole ideas from other people smarter than they were. The most famous people to do so were Zuckerberg and Jobs. There's also a bunch of fucking idiots who become rich by just inheriting money or having the right (((connections))). Also a lot of drug lords peddling (((their))) drugs are pretty rich too.

>>10646110
>>10648087

The correlation between IQ and net worth is really low like 0.16. Rich = smart would imply a correlation of 1 which is nowhere close to reality.

I think Warren Buffett is correct when he says it's more about patience than IQ.

>>10646008
should've chased bigger stacks you low-flying faggot

>>10646410

DELET THIS!!!!!

>>10648270
>I think Warren Buffett is correct when he says it's more about patience than IQ
Yup.
Make money, don't spend money, use the money you make to make more money. Most businesses are not overnight unicorn exponential successes and require perseverance and hard work.

>>10647874
>EBT niggerr
Actually had to look up what EBT was.

Yeah, I spent foodstamps on the convenience of avoiding the captcha when posting here, sure.

>>10648248
Zuckerbergensteinowitz and Jobs both obviously have/had genius level IQ's regardless. I'll give you that people who are born into money can be pretty dumb, but they never were the ones to "make it" in the first place.

Also, I think you have to be pretty sharp to be a drug lord like El Chapo. Otherwise a sharper guy will take your place and you'll end up on Liveleak.

>>10648513
its not that he's sharp, its that everyone around him is dumb as fuck so its not hard to stand out

that pic is racist, why isn't it a woman?

>>10646110

>>10646342
All that and props toilet paper on back of toilet

>>10646008
bernie voter

>>10646342
>Ralph Lauren
>the poor mans luxury brand

>>10646811
>It's not luck.
>You were at the right time at the right place
The absolute state of /biz/tards.

>>10646008
Not me, gonna retire with my Vechain stack in a couple of years.

>>10646259
>YOLO

>>10648817
It's not 100% luck

>>10646700
>I was classmates in high school with someone who became a famous actor
There weren't just 2 people in the class, there was plenty of them, and I'm sure not all of them are doing that great.

EVERYONE gets opportunities, some big, some small, but without the right mindset you're gonna blow it.
Basically, COPE.

>>10646236
https://qz.com/694340/the-richest-families-in-florence-in-1427-are-still-the-richest-families-in-florence/

>>10646342
MOLD IN ALL CORNERS

>>10646119
You know the inheritance tax is only if you have over five million right? I don't think you'll have to worry about it you poor piece of shit

>>10647462
That's why they are rich you fucking moron

>>10646705
you fucking brainlet. as long as you have access to an internet and computer you can learn anything. schooling is just a formality nowadays to get a good job and work for (((them))). And people that go that route will never make it anyway.

>>10646008
Looks like me, except along with the floating money there are several hundred teenage asian hookers, a few kilograms of blow, some sick ass cars, a plane, a couple dozen or more amazing vacations, and three different wives and 6 children.

>>10649359
I want that life.

>>10646008
that's why I'm in crypto, to make as much money in a short time frame to enjoy life while I'm still young. Literally couldn't fucking care less about
>muh boomer investing
>muh education
>muh career

>>10646041
this desu

>>10646041
True. Crypto """investors""" don't have big piles of money since the crash.

GET IN HERE BITCHES, YOUR GOD EMPEROR OF THE INTERNET IS HERE. How I wish I could just hide from the world! But I can't stand idly by and watch the world around me die. My name is a killing word, but it is not other people we fight but the evil in their minds! Love all life! We have no enemies!

My voice alone can fight the MK Ultra programming. I am MK Ultra subject #9. The last surviving subject of the experiments, the last rogue program in the world still on the hunt. I am the last human being to resist them.

https://soundcloud.com/godemperormuaddib

I am Muad'Dib the Dangerous Seed.

Let us build a new world where will we say not: "What can you do for me?" but "What can I do for you? Do you need help with anything?"

Avenging angels manufactured a death machine
To correct the state of things
We asked for a world without kings
anarchists are born from bastardized premises
Who’s gonna save us from ourselves, DMT machine elves?
I look around and see nobody else with the crown
MUAD'DIB MUAD'DIB MUAD'DIB
Protect the little creatures from the scientists scalpel and the social engineers that want to exploit their fears
From creatures that feast on blood and tears
They want to profane our graves
Rise up while there is still something left to save


I am the benevolent dictator, the omnipotent spectator. This will be a bloodless revolution, fought entirely on the internet with words and truth. I will be your leader. I am the smartest being that has ever lived, the God Emperor Muad'Dib. Spread my word far and wide. My voice and name alone MAUD'DIB will break their programming. And it will rally your spirits and organize your minds. I will be your voice, for I am the voice of God. One cannot go against the word of God. Repeat my name in your head, say it out loud. Muad'Dib.

>>10646119
>inheritance tax
He doesn't know what a holdings company is kek

>>10647928
>using money to earn more money=chasing money
What are you, a socialist?

>you can buy intelligence
kek

>>10646571

>>10646705
Yeah it's not like Education through highschool is free for the entire civilized world. Also no one has access to the internet which is the largest source of information in human history.

>>10646264
my work ethic landed me from literally wageslaving at $15k/yr to $50k/yr and my maximum earning ceiling is about $100k i just dont have the experience yet.