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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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11657003 No.11657003 [Reply] [Original]

you have no excuse.

https://m.youtube.com/watch?v=RyF40JydVNU

>> No.11657131

>1.1m to retire at 30+
>puts it in index funds
Wow, 30 year old boomer isnt just memes

>> No.11657175

>>11657131
thats pretty smart though

>> No.11657178

>>11657131
they will have a rude awakening when their (((safe))) funds crash hard

>> No.11657197 [DELETED] 

>>11657131
... which is the smartest thing to do for most people to do in the long run.

>> No.11657243

>>11657175
1.1m isnt nearly enough, and the stock market is in the biggest bubble of all time

>> No.11657245

>>11657003
These faggots are going to be buying my silver bags in a few years.

>> No.11657252

why does saving money seem to be such a foreign and news-worthy concept to americans?

>> No.11657257
File: 98 KB, 480x360, Einstein_ego1.png [View same] [iqdb] [saucenao] [google]
11657257

>>11657131
... which is the smartest thing for most people at that age to do.
>>11657178
Pic related. Most of you guys can't even do a basic DCF analysis but think you can time the overall stock market. The absolute state of /biz/.

>> No.11657276

>>11657257
>DCF analysis
i dont do stocks, literally buying the top rn

>> No.11657286

>>11657257
>time the market
Retiring at 30 on passive investments is betting the market wont reverse in 50 years

>> No.11657412

>>11657003
strategic credit card use for bonuses is actually pretty useful but /biz/ never discusses it.

>> No.11657516

>>11657252
Kek funny right.

They where like
>She bought a car second hand
>195k miles and it still drives

Also the only reason that Mr. Moneymustache was able to retire early was mainly due the monetizing of his blog.

>> No.11657580

>>11657412
Because every creditcard thread on /biz/ shows how retarded the majority of this board is financially
Start one right now and look at how many replies will be
>i only use debit and only spend as much money as i make
>falling for the credit jew
>lol cucked first worlders and their credit scores i only buy in cash
I fucking dare you

>> No.11657638

>>11657003

HA! NPC. Sure, yeah, what a goddamn robot dude. ayyyy lmao beep boop. the npc meme is getting old, stop ruining one of the best memes ever by mentioning it 24/7 dear fuck

>> No.11657792

>>11657178
>>11657243
Brainlet detected.

He has been putting the money in the index funds over the past years so I dont know what the fuck you are talking about.
If you stick to a safe withdrawl rate (4%) and manage your expenses it is going to be perfectly fine.

>> No.11657872

>>11657580
its sad, there are a lot of credit card websites touting the advantages of combining multiple cards from the same company to maximize rewards but no one really breaks down the best choices based upon the brand or your current credit scores.

>> No.11657875

>>11657792
deluded boomer

>> No.11658177
File: 1.08 MB, 500x280, 1531119951181.gif [View same] [iqdb] [saucenao] [google]
11658177

>>11657131
Why is this wrong when you just apply the 4% withdrawal "rule"?

>> No.11658271

>>11658177
what anime is that?

>> No.11658279

>>11657257
"Hey guys I just learned about DCF In my first finance class, wow it's really hard but so cool lol."
Why are you putting yourself as a college retard anon?
The einstein picture with it is just extra cringy.

>> No.11658284
File: 258 KB, 467x268, 1529351552287.png [View same] [iqdb] [saucenao] [google]
11658284

>living like a poorfag hippie
>making it

>hurr my Prius better for trees and water than ur 6 wheel truck Stoopid redneck

I wonder if that moron realizes how much damage there is to the environment from the production of Priuses over normal cars.

>> No.11658289

>>11658271
K-on you uncultured swine.

>> No.11658390

>>11657003
> "I just have a dialog in my head..." t. 5:33
> NPC

>> No.11658501
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11658501

>>11657257
>time the overall stock market
why would you even need to do that when the money is broken beyond repair and it's only a matter of time until reality catches up. congrats on your continued nominal gains, I'm sure fannie mae can have 3 trillion of assets on its balance sheet with -3 billion in equity forever with no consequences on any other areas of the economy.

>> No.11658547
File: 98 KB, 1462x2046, brainlethead.jpg [View same] [iqdb] [saucenao] [google]
11658547

>>11657792
>Guaranteed returns!
>Just don't think about it too hard. It will never go down!
Imagine being this delusional. Brainwashed to perfection.

>> No.11658813

>>11657003
It's easy for npcs to make it. All they have to do is be npcs. After hs or college they land a trade or office job that grows to low 100k/year and avoid distractions like existential crises and suddenly they are 40 and have hundreds of thousands in low risk index funds and a house with a few hundred k in equity. The only problem is they have to be npcs.

>> No.11658916

>>11657003
>NPC

The one chick literally said she has an internal dialogue to not impulse shop at the mall. Try harder, brainlet.

>> No.11658974

>>11658916
This. I bet OP is NPC and got jealous