/biz/ - Business & Finance

thank you kind gentleman for your continued presence

>>13521745
good job fren

>>13521769
>>13521793

Much love, my niggas. Mutual funds are the way to go (depending on risk tolerance and financial goals).

>>13521745
> Sitting across from boomer boss who's on a personal phone call last night
> Hear 'Oh yeah..? And how does that relate to Bitcoin? And they..dapps? Yeah..'
Mfw I was there to witness a real boomer getting told about crypto by a friend trying to get them in.
> Mfw I told him I'm into ETH
> 'Yeah he told me about them too, says he has money in there, but it's small fucking potatoes he doesn't expect anything from it'

>>13521849

I don't even try to explain digital currency to the boomers. A lot of the time they have more than enough money to make them to the end of their life ($700k+) alongside some bullshit pension they receive, so they're in no hurry to make money. It's the younger people who are all dying to waste their money on Bitcoin and other dumb shit

>>13521886
Oh and he definitely does, he makes 6 figures and lives in a pop-up camper in our parking lot. At least he was smart enough to miss the boomer housing crisis, but yeah I didn't get too much into it and even played it off as I had just gotten into crypto myself.

>>13521745
>implying you can tell the future
>implying you have an investment firm
cmon, why do you lie online?

>>13521807
too bad mutual funds are a waste of money since you can get just the same portfolio without some worthless firm charging a fee for adding exactly zero value to the investment

its like esoterics in medicine. you only exist because there are still people more stupid than you.

>>13522512
>>13522525

There's a lot of butthurt in these two posts, I get it. You're upset because you've wasted money and effort on cryptocurrencies and know deep down that you're never going to see those returns you dream about. In my line of work, there's actually a modicum of effort and reason behind every move, not just pipedreams of extravagant wealth relying on a bunch of random people's computers and far-fetched dreams of universal currency. It's cute and certainly ambitious, but it's time to grow up.

>>13522756
Are you one of the more than 60% of mutual funds that did worse than index funds while charging for your service?

>>13522756
>In my line of work, there's actually a modicum of effort and reason behind every move
good one

so whats your state on the results of fama & french on mutual fund performance?

probably never herd of it. wouldnt surprise me

why would i pay any mutual fund tard a fee for the same performance as a randomly selected portfolio?

>It's cute and certainly ambitious, but it's time to grow up
its time for you to get an education in finance since you obviously have none yet

>>13521745
Really good post OP. Also, killer watch!

>>13521745
Bitcoin is the best thing since sliced bread. Imagine not buying bitcoin and being a fat fuck mutual funds retard whose gains is gonna go towards medical bills because they didn’t invest time into their health.

>>13521745
thank you for your opinion OP , please take care of your diabetes :)

How many burgers did you eat in the last 8 hours?