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/biz/ - Business & Finance

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1138153 No.1138153 [Reply] [Original]

Age? Inheritance? What are your Financial Goals moving forward? Early retirement? Opening a business? Becoming a lifelong NEET? Will you leave your kids anything when you die?

>25
>900k

>> No.1138167 [DELETED] 

>13
>$46,000,000 but I have to turn 18 to receive it

>> No.1138177

>25
>$0
>Whoreing myself out to old men and making websites on the side

>> No.1138216
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1138216

>>1138153
My father a Jew so I know I won't be getting any kind of an inheritance. I'm also self-made though, so I'll be alright anyway.

>> No.1138222
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1138222

>>1138216
*married a jew. Why the hell did it leave the word out? I know I typed it.

>> No.1138296

son of a taxi driver, came outta nothing but I'm leaving with everything

>> No.1138536

>>1138177
>making websites on the side

post site

>> No.1139480
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1139480

>18
>- 82k + about 10k in debts (thx dad)

>> No.1139501

>>1138216
>>1138222
why didn't you stop him?

>> No.1139514

>22
>inheriting their business which makes about 300k/year + a few hundred grand

>1139480
>- 82k + about 10k in debts (thx dad)
In most 1st world countries, you're not obliged to pay for the debt you inherit, unless you decide to pay a portion of it (even $1)

>> No.1139515

>>1139514
Shit, meant
>>1139480

>> No.1139523

>>1138153
>25
>Nothing
>I sold a business a buddy and I started when we were teens so my financial goals are beyond met
>I've been neet for a year and it sucks, looking for job now even though I don't need one

>> No.1139528

>>1139514
I like that you're inheriting a business. Like your being left something of value but it's not just some fucking lump sum of cash for doing nothing. It's something that can make you wealthy but also keeps you from going full neet. That's what I'd want to leave for my kids.

>> No.1139536

>25
>Parents are now worth about €3M, have one sister, so after splitting it and inheritance tax in my country should come in at around €1.3M
>Put € in diversified portfolio of blue chip stocks, add to my own portfolio of €70k
>Use extra passive income (~€20k - €25k per year after tax) to work less

Fucking taxes here man. 10% - 20% on inheritance and 1.2% on total net worth per year.

>> No.1140211

>>1139528
To be fair, no one's stopping you from buying a business if you inherit cash. It's actually better that way since you can decide exactly what the business is about. For example if you like gardening you can buy a gardening company, whereas those who inherit companies directly are kinda stuck with it.