/biz/ - Business & Finance

>buying boomer stocks
ngmi

>>15598350
Your dad is completely correct and you're acting like some sort of faggot.

>living with dad

>>15598350
>living with your parents
you need to be 18 to post here anon

>>15598385
>>living with dad

Yes i dot but i pay much less rent to him as i would for an Appartment in a nearby Town which was build in the post world war 2 times by some "rubble women" for 1k€.

>>15598350
just kill him whilehe sleeps, OP

>>15598350
i understand your pain. german boomer parents still think that their pensions are safe, that the government will help them if shtf and that merkel is doing a good job. they are afraid of investing into anything, because they lost 2k in the dot com. bubble.

germans are highly intelligent and productive cattle, but they are sadly still cattle. a people which rise and perish at the will/intelligence/drive of their masters.

>>15598409
>having to pay rent

Leave Germany. Every intelligent being does.

>>15598350
just give him a firm handshake

>>15598350
>buying boomer bags near the top
imagine not listening your pappy, he sounds smarter than you desu

>>15598350
Why are you investing like an old person?!?!

You should be embracing risk not fucking buying 15 late game stocks.

>>15598350
Rape him to establish dominance.

Or just tell him what he wants to hear. I assume he doesn't audit your financial statements, right?

>>15598409
>paying rent to your own father
mother of god, wh*Te ''people'' must truly be exterminated asap

>>15598528

Because there is nothing left to invest over here in Europe.
Interest rates are about to drop into the negatives making the Real Estate markets Bubbly as fuck (they are already above than ATH).
I could borrow 110k€ for 0.6% and only pay 5k€ for the interests after 15 years. (not to mention that merkel coin gonna exist in the next decade tho)

>>15598350
The real price for losing the war is that the boomer's parents had to allow their kids' education to get fucked. The boomers' cuckery is part of the price for the war. They got taught they were evil, bad and should be sorry all day erryday. This is across Europe btw, cos they all lost the war.

>>15598683
>(not to mention that merkel coin gonna exist in the next decade tho)
>merkel coin
are you talking about the euro, or did i miss something?

>>15598350
-NOW IM GOIN TO ENTER THE LIFT TO GO TO THE MARKET AND BUY SOME PINTS OF MILK. WHEN MY RETURN IS COMPLETE YOU HAD BETTER HAVE A SONG TO SUNG THAT IS DIFFERENT FROM THIS SONG!

PLAYING WITH YOU I AM NOT! THE JOB APPLICATIONS WILL BE FILLED OUT MOST NUMEROUSLY AND HANDSHAKE YOU WILL WHILE ALSO KEEPING OF EYE CONTACT TO MANAGERS OF EVERY MARKET AND EATING STORE THAT OUR VILLAGE CONTAINS!!!!

>>15598350
Stop gambling with your parents money you filthy degenerate

take it from a 30yo boomer, your did is kinda right

I don't know about German markets in particular but in the US daytrading is only profitable for guys who already worked on wall st for 10 years and now trade for themselves using money from a prop trading firm.

The big hedge funds spend billions of dollars on data scientists, ai, and have machines with a 0.01 millisecond delay executing huge amounts of trades and the average guy can't compete.

The issue is that you can have success in the short term but eventually everyone gets wiped out, look at daytrading forums/groups and you'll see they were hugely active in 2014, they're nearly dead now except for the newbies who get in, do it for a year and then get wiped out.

Only way to make it is to start a business, suggest reading this:

https://www.amazon.com/Millionaire-Fastlane-Crack-Wealth-Lifetime/dp/0984358102/

https://www.youtube.com/watch?v=J1gw1BuHnHc

>>15598350
How old are you OP?

Germans are pretty much the most risk averse and pro-saving vs spending people on earth. There’s a reason why the bund yield is negative

>>15598350
Boomers are the same everywhere.

>>15598949
this. every biological german is heavily into savings. negative interest rates will dismantle german pension funds and private savings.

>>15598350
Your dad is right, and you're a faggot.

>>15598683
>Because there is nothing left to invest over here in Europe.
>Interest rates are about to drop into the negatives making the Real Estate markets Bubbly as fuck (they are already above than ATH).

How do you say this and then invest now, before the crash? Do you even understand what you're saying? Buy gold you idiot

>>15598830
Im earning my own money . Its about 2k€ after tax. And before you come down" hurr why you live at home durrrrr". Its because my brother is disabled.

>>15598887
Im 26

>>15598350
Lol my German uncle would be proud

>>15598350
Dad I’m a bitch
Wow you’re fucking pathetic

>>15598350
dammit man go talk to Hans Avenues for pete's sake learn some wisdom for once in your life!

>>15598409
>paying rent to your dad
>raising your "rent" for "educational purposes". Your dad (and, by proxy YOU) are an (dis)honorary kike.
>>15598999
>ancap
>trips
OK, now we're talking. Just don't tell me your dad is a public sector employee, because that combined with his shekel-grabbing would be almost kike-singularity in my book.
Get out of there, both your dad's house and Germany itself. If you're serious about what you're doing, you'd better find a place with low taxes (and capital gains taxes in particular).

>>15598873

>Be a millionaire in the EU
>even if the EU are going to rise to taxes to 80% in the next 10 years because there is no more money left for refugees

You sound like an entitled little shit. You're going to make it by beating the stock market in Germany at decade peak? You're retarded kid.

>>15598372
This

>>15598996
>housing crash
>negative interest
>muh rock

This board is the dumbest biz place in all the internet.

>>15598350
If you rent you are loosing money and it is turning into a return on someone else's capital.

Here is my breakdown of assets for you to think about
US Dividend ETF USD
Bonds
Mortgage free West European property with development potential
Light Crude
Tenanted Agricultural Land
Forestry
Crypto
Physical Gold
Physical Silver
Art
Antiques with stable markets and low storage requirements
Shares in to big to fail financials bought low
Residential property mortgage free west European

I'm wealthy enough to be considered I suppose rich by 99% of people who I pass on the street but dress poor and aside from immediate family(and not even all of them) no one would know it, I avoid waste like owning cars.I keep a job for cashflow and state pension benefits and health insurance. No one I work with knows I am debt free and have over 5 million. My children don't know. Your father is basically correct. However what you should do is buy the cheapest liveable residential property for yourself for cash and either live in it or rent it. Your father is right but not about incurring mortgage debt.
Being rich is lonely and boring.

>>15599595
gold has valid uses just not the ones you hear on doomer and loon paces like here everyone debt free should own a bit of PM if they have property and are debt free

>>15599267
>You're going to make it by beating the stock market in Germany at decade peak?

the only way stocks can develop is to dividends are growth is going to stagnate on price, European stocks and euro cash is crap, USD is king for the next decade and US stock and etfs are all that matter no one gets rich daytrading forex options or stocks because they don't factor in fees and tax for the number of trades neesary

>>15599595
>This board is the dumbest biz place in all the internet.
rt, cnn glp and ats and zerohedge exist as does the uk mail and express tumblr and facebook

>>15599770

Im mostly investing in Dividend Stocks with a solid ground Business like Johnson & Johnson , McDonalds , Coke,Pepsi, Microsoft , P&G , Bond Emerging Markets ETF and Basically a Re-investing ETF on NASDAQ 100 Information Technology.
Portfolio size is about 16.5k€
and i got like 2 years worth of wage as cash just in case if im gonna buy a condo with loan and that cash as "representative" cash for the loan banker.

>Told my Boomer Dad im investing in Stocks.
the fact you were looking for validation implies you don't know what you're doing, are just gambling, and are going to lose everything when the crash comes.

>>15599824
Why haven't you bought any LINK? I'm 19 and got about $33k in LINK. It seems obvious to me. Smart contracts are going to be adopted and they need outside data. The question is will they use centralised insecure sources or Chainlink. Basically it's a matter of when not if. Only a black swan event can make Chainlink fail.

>>15598350
German boomers are a special breed. Very dumb and very rigid

>>15599824
If you’re playing it that safe you’d might as well just buy mutual funds. There are mutual funds weighted toward high dividend stocks if that’s your thing. Find a passive one with ultra low fees.

>>15599835

I wasnt searching for validation. I just wanted to talk about that topic with someone , because no one in my surrounding area , not my friends , not my coworkers no one is buying stocks. The only connection to stocks is basically the Internet. Whenever i talk with someone about that topic i first wait until they argue about his wage and then i say "hey you know about stocks?" "you dont need huge amount of cash for that" but most times folks immediately change topic or blame the rich for the own debt and failure(im not saying im perfect).

>>15599805

Im 100% sure that i would get a loan of a million dollar with 30k€ as available Cash when i would be living in the US but thats not how it works in Germany.
The bankers are preferring giving out loans to companies without any problem.
If your not a business owner you'll have to suck the bankers dick with every bank statement.

>>15599824
I have about 1.2M in US dividend ETFs, 200K in financials I bought cheap, 200K in light oil, 850K in bonds mostly corporate
I should have mentioned cash, I hate keeping it but always have at least 50K in cash available and at least 10K deposited in a manner that would allow easy access to small cheap lending. I dislike having to do so but its common sense, I have 1.8M in land and property/forestry and the remainder in gold, silver, art, antiques, crypto and tax free investments. Be polite and considerate to your parents, call them at least weekly and if they give you birthday and Christmas gifts and have supported you give them a Christmas or birthday presents and even if you do not share their religious beliefs do not belittle them. I have one child I will probably leave nothing to (if they show no sign of change)because of how they have treated me and their grandparents.

>>15599860
It's already failing. The whole project was a PnD scheme to enrich a few individuals.

>>15599889
>Im 100% sure that i would get a loan

Debt destroys wealth and should be utterly avoided and if you have it eliminated before you do anything else. You have a choice be a slave or a freeman.

>>15598873
>op clearly states he is investing
>specifically in dividend yielding stocks
>spouts out shit about day trading and stock manipulation

"boomer here"
Yeah we know, your inability to read tipped us off.

You should also buy some btc.

>>15599906
Retard I wasn't talking to you.

>>15599889
Why aren't you holding any LINK?

Imagine being so entitled that you don't have to work for what you get in life ON TOP OFF thinking you're entitled to sponge off the work off your parents. Yes you are a loser and your dad is right.

>>15599860
>Why haven't you bought any LINK? I'm 19 and got about $33k in LINK. It seems obvious to me. Smart contracts are going to be adopted and they need outside data. The question is will they use centralised insecure sources or Chainlink. Basically it's a matter of when not if. Only a black swan event can make Chainlink fail.

Are you debt free? Have you completed education and do you have a job for cashflow? Do you own the property you live in or at least have another debt free property rented which offsets what you are living in? Do you have student, mortgage,auto or credit card debt?

If you do. WHAT THE FUCK ARE YOU DOING?
If you are paying rent and have no property WHAT THE FUCK ARE YOU DOING?

I do own 5K o link I bought under 38 cents but consider it entertainment, I have a couple of bitcoin I bought at 3-4K, again entertainment and I have 20 eth and will probably buy another 12 again as entertainment to run a node. However this is less than 0.6% of my net worth @cost and I would rather it was 0.5%.

>>15598350
>Im Still continuing investing 1500€ in 15 Stocks mostly dividend payer no matter what everyone else is saying


In the end of the day its so little money its nearly irrelevant but for fuck sake just buy a high div US USD etf. That you are even thinking or buying individual dividend stocks is beyond retarded. You won't see anything much for 10-20 years.

>>15598350
Its not good here either in middle yurop. You would be surprised how hardwired communism got into the people. The ones who embraced capitalism now drive BMWs and Audis, the one who are still pseudo half-commies drive Škoda.
For fucks sake our people still believe in putting money is socks, I'm not even kidding you. People are hardwired to think fiat toilet paper worth anything, and the schools make absolute worthless people who clean streets with a degree. This is the reality. The jews in Brussels managed to slip their shitty euro step by step and making paper money even more worthless. Thank God the based polaks dabbding away with sucking out everything they offered while they contribute nothing to the box. The western cuck nations, yours included keep pouring into it. Top fucking kek.

The only thing I regret is that I never understood that failure is important, because you learn from it. Nobody told me about this, but that I need to be a safe as possible wagie.
It's fuckton better to even fail hard, than never experience anything, because you'll forever be a wageslave, and this comes from someone who is getting a lot smaller paycheck than anyone in your country. It doesn't help either that the mafia is everywhere, in fact they are in the gubbie, or more like they are the gubbie, since they can kill news reporters who are getting "too deep".

My dad made a living selling treasury bonds when I was a kid. If I became successful trading I would make him proud.

>>15599987
The uro will depreciate against the dollar an dollar denominated assets as will sterling however property prices and probably most blue chip euro stocks will rise in parallel with money supply making them a sum zero game. I would exempt forestry and agri land from this as the tax and grant advantages still make them desirable and I will be increasing forestry and agri land holding and would like to acquire more good leased warehousing the next time it is cheap

>>15600013
>My dad made a living selling treasury bonds when I was a kid. If I became successful trading I would make him proud

He got lucky, it happens, I got lucky in options in the 90s. However be aware, you are basically gambling and so was he.

Ex-german here.
Just leave the ducking country. I‘m a registered citizen of Estonia now, it was easy as shit and took 1 week of my life. Best decision ever.

Fuck Germany, the dream is over.

>>15600042
That was stupid. The further west you go the better the passport. You I think have made a mistake.

>>15598350
I knew the was a hyperbolic larp until I read "german boomer", now I'm not so sure

>>15598550
>being an “adult” nigger fully capable of working for money but instead just leech off parents and tax dollars until the money runs out
Never going to make it

>>15600042
how did you do it? how fast did you learn the language? what are the benefits from living in estonia over germany?

>>15599963
I'm from europe so I just started uni(it's free) to learn software engineering(basically programming). Starting jobs with the degree are like €2.5k which is twice the median salary here(If I lose all on LINK, I can wage for 2 years, live normally and save that money back). They also hire during 2nd or third year. In the meantime I can live with my parents.

I started gambling with shitcoins in 2017 October. Then at February slowly realised that Chainlink is the only legitimate project and went all in. I've read a lot about smart contracts in general over the past year and a half and it all makes sense. I'm young, I got no debt so I can take the risk plus if you have researched Chainlink like a maniac, then you should understand the potential it has. Of course it will take at least 3 years, but boomer stocks will give me fuck all return and it might all come crashing down when a reccession hits.

Also you are talking about debt like it's some scary murderer. Debt can be used to create more wealth. You can't fucking buy an apartment without a loan unless you are from a rich family. Of course buying apartments in some major bubble city is retarded.

>>15600098
You are just a gambling addict. I see the appeall; but don't fool yourself for one second that what you are doing is sane; debt destroys wealth. You are already in trouble from the sound of it, in debt and addicted to gambling. This is how you destroy your life for a decade. You don't even have a job

>>15600098
>You can't fucking buy an apartment without a loan unless you are from a rich family. Of course buying apartments in some major bubble city is retarded.

You can always find property for cash. development land, lockups, garages, neglected or incomplete residential. You are just stupid.

>>15599895
>>15599982
whats a good US Divident etf to buy? you seem like one of the few on biz who are not cmpletely braindead. Ive been reading Bogles book on etf investing and he makes sense but I have no idea what to buy.

>>15600064
Wrong

>>15600086
I didn’t learn the language, I didn’t have to and I won’t. I‘m a citizen of Estonia but I don’t live there. I live and travel in Asia but own a small internet company. You can’t have a company without having a registered residence in Germany. Also fix german tax law, Estonia fucking rules in everything, even if I don’t live there.

Im making much more Money and live a much better life this way it’s almost rediculous honestly

>>15598372
this

>>15599889
>I wasnt searching for validation. I just wanted to talk about that topic with someone , because no one in my surrounding area , not my friends , not my coworkers no one is buying stocks. The only connection to stocks is basically the Internet.
ah I see, that's understandable, I can relate to that (but moreso for crypto). that's probably a big reason I can't leave this vile cesspit

>>15600119
>>15600139
>being such a fucking american boomer
Here in Estonia they don't give out loans like candy. If you want a loan for an apartment you need to pay like 15-20% downpayment, you need to have at least a 6 month employment record and big enough of a salary. You buy the apartment and pay the loan. If you can't afford it you can always go live with parents, rent it out and get income, which then you use to pay the loan plus you get profit unless you got a real shit interest rate. This is literally 101 economics type of shit.

>no job
Of course I have no job if I'm a uni student. You are talking like I'm some 35 yo bum fuck retard who has his last savings on a shitcoin like tron. It's a calculated risk that I'm taking. If $33k turns into 0, I can wage that back after uni in 2 years max. If it turns into $300k I'm financially free if I just buy apartments here and live off rent. So far the only money I've putten into crypto is $5k which is literally fuck all unless you are some braindead retail store worker who can't find a better job because of low IQ.

>>15598350
He's not wrong.
As long as you don't have something solid to back up your investment like insider info you're just gambling. Doesn't mean that you can't win.

>>15600042
>I‘m a registered citizen of Estonia now, it was easy as shit and took 1 week of my life
youre most likely talking about e-citizenship and it does NOT make you a citizen of estonia anon

COOM on his chest

Ich gedenke der ewige Boomer ist nur eine Anglosphere probleme.

Ich bin Amerifat, ist der Deutscheboomer genauso schlimm?

>>15600018
I'm sick of the euro. It completely invalidated the saving boomers, because they believed in it and not in investment. Its fucking insane when I think about how much more things cost now than it did back then, even with inflation one thing is clear:
I have to work harder for less. Overtime work is the norm now, and I bet my fucking nutsack that this'll be normalized in 10-20 years.
Fiatshit is the jew's toilet paper. Gold and silver are God's money, and crypto is the people's. If I fail with these then so be it, but I'm not going to end up like my family who worked hard their entire life just to be fucked in their 50's. The pension is so fucking low that old ass people are afraid to retire or do undeclared work, while they already have numerous medical problems.

itt: people kissing corporate ass

>>15598550
imagine not paying rent at all while living in an apartment and stealing a pair of jordans

>>15598350
I am siding with your boomer dad. Crash is coming soon, you should be hedging against the economy instead of betting with it

>>15598350

Wie lange normalerweise wohnen die Deutsche mit ihren Eltern?

>>15600316

>gedenke

>>15600282
That’s actually correct anon, I’m an e-citizen. The point is i was born in Germany and now have no ties to Germany anymore. I’m not a German citizen anymore, i’m basically a nomad registered in Estonia. I pay my tax there, my (main) bank account is there, it’s where all the formal things belong- I just don’t live there at the moment

>>15598683
Sounds like a precursor to total economic failure. Get people in debt and people can’t pay it back and the state reaquires all their assets plus a whole lot more when everything isn’t worth anything at all due to hyperinflation.

K all of you don't realize something about OP. OP is better off trying this out and losing money than not trying at all. His Dad isn't giving any kind of encouragement at all.

>>15598350
You're not going to change his mind, he's older now and he's alarmist. Just do what you want with your money and keep learning from your mistakes.

t. my dad is like this

>>15598350
ok, I'm a noob in stock-trading and all, but he isn't totally wrong, that it's pure gamble
needless to say, it's your money, and might be better than trusting the state

>>15598550
germans. they are barely humans.

>>15600588
Well we are living in a nightmare, this work hard for money is just a stupid echo chamber to people to cope with the fact everything is going to shit right front of their eyes and they don't do anything about it. You have to make the best out of it while you can because as years pass by everything will only get worse.
>>15600597
This a million times. We don't encourage you to gamble, but to take risks, if you never take risks you don't learn. When you were a baby and learned how to walk by tripping numerous times, but you learned. Its very important to fail, even if everyone around you says: take the safe route. Failures happen to your advantage, they make you stronger, tougher and smarter, so you can avoid them in the future. Our generation doesn't have that luxury to be in a safe space, especially not now with this political climate.

All of these people who say don't take risks are poor, or pseudo-rich who drive the latest BMW and live in a one room apartment and eat frozen pizza.

>>15600543
Mein Deutsch is aus der Übung.

:(

>>15600210
Any of the spdr vanguard etc, bnp, ishares etfs on indexed high dividend USD US listed assets.

>>15600253
>Here in Estonia
Beside Russia? O yes. I want to live there. Or maybe not

>>15600323
>I'm sick of the euro.
Its better than a lot of other currencies and is probably the next best after the USD. If you want to see garbage check out the rouble etc. In effect the likes of sterling, the zloty the kroner the Swiss franc are pegged to it. Now the USD has no rival but out of the pack of what's following. The Euro did not drag down what was west Germany, east Germany did and e.g the 3 million illiterate Russian speakers left there

>>15600496
>Crash is coming soon
You know people have said hat every day of every year for the last 100s of years.

>>15600588
Half the population have always been slaves forever. Its nothing new and nothing bad some people are only fit to be slaves. If they choose debt they are slaves for everyone else. Its just.

>>15602032
Well it fucked our koruna up the ass. The reason why I hate it because it was sneaky and most people just accepted it. It was that "oh its just a few cents more" moments, but in the last 5 years things got worse. I remember when I got out of school there were simply no jobs. Everyone was afraid they get the guillotine and young people especially were fucked. An ungodly amount of neets and very low-end shit jobs what nobody wants to take for pennies.
These people were working not to get a paycheck, but to keep their jobs. This is where you got euro first here and everyone was busy looking at "look how little money I got now." Legit nobody gave a shit that very basic food got more expensive, so the poor and the entry level middle class got shit on, because TV was full of "how good the european union is for you. Now you'll have money for everything and we'll cover it for your country sempaitachi." Now this supposed money got into a damned bicycle road, while our huge ass agricultural buildings and silos are rotting away. The EU targeted 3 things.
The first was to keep the bottom and middle class poor as possible to work more for less, the second was to make to make self sustaining out of question, and to be reliant on extremely low quality cheap products often imported from shithole countries, so the local farmer can't keep up. Third is debt. Pay debts by taking another loan, which will pass to your kids. Everything is so pricey you have to take loans, sadly our people love playing the rich, while they are poor.

>>15600098
>ta ostis chainlinki

>>15598683
so, fren, what bank would give you a credit like that? asking for another fren.

>>15599895
Based and forestry pilled. If you ever want any advice on forest management, just respond.

>>15600210
NOBL

>>15598550
I know a few people from my highschool days that still live at home and pay rent to their parents.

>>15598550
If you don't at least help your parents out with the additional utilities expenses you incur, you're a subhuman leecher. Family support goes both ways.

>>15598350
mfw investing in stocks after a 10 year long rally

>>15599770
Very based anon. Listen to this guy OP

>>15599987
ah ol' activated almonds. classic

>>15598372
this, you fucking retard

>>15598350
None of this happened.

>>15598350
Listen to your dad, crash is coming and it will be either brutal either a slow 30 years bleeding
BTC has an extreme potential, basically the only thing that can save pension funds

>>15602704
Stop enabling that shit. First, the breadwinner model was killed. Then couples couldn't afford kids and now wagecuck until it's too late. And to make things even worse, people pay rent for the "privilege" to live in their parents basement. It's a society that literally killed the family.

>>15603513
Shut the fuck up you useless NEET

>>15598350
Why are you buying stocks when you live in the eu?

>>15603513
>>15603572
Ya neet

>>15603789
why not?

>>15598350

Should have told your dad you were investing in kneepads to suck mohammed cock and he would have been like ohhhh tchuss chuss mein kleiner Krupps

On a serious note make sure to rub in the salt when Berlin nationalises real estate

>>15598350
This entire thread is absolutely shameful.

I don’t get why u invest in stocks. Just buy index funds.

Kek he’s not completely wrong but it sounds like he’s pretty butthurt because he’s missed out on 10 years of gains.

>>15598350
>trying to beat the market
cringe, invest in index funds

It's hilarious how all the crypto retards get so immensely butthurt some people just want to play the market instead of diving off the cliff with them.

When you make it ask if he wants any. Before he answers interrupt and say you won't give him a dime. He deserves to be poor for life. Find a way to steal from him or some other kind of sabotage if possible.

>>15606565
you're a fucking faggot

>>15598350
tell your dad to eat shit and if he challenges you, just beat his ass. Similar to Silver Back Gorillas, at some point there becomes a new alpha. it's important to establish that and make it clear whos in charge in your own life, unless youre a pussy of course.

>>15598350

Your dad is like most Germans who don't like taking risks and don't invest, just save. Ironically, that mindset is why the EU is so fucked.

>>15598350

fucking kek your family is fucking funny you know how you would make more money than in stock? record yourself doing this shit lmfao im cracking my ass up OP

>>15606666
Wasted digits

>>15606659
No the eu isn’t fucked because of saving instead of investing. It’s the complete lack of savings that is the problem. Look up debt statics. Also glhf sharing the same monetary policy with all the shithole countries.

>>15598350
if this was a black gernman dad, you would've gotten your ass whooped you little shit.

>>15606666
checked and based

>>15600316
Hes off worse, because he actually still believes in the system, buts sees it breaking apart, breaking his friends and breaking his money - so hes going back to saving everything in cash, because the banks are fucking us over even worse than inflation

>>15602660
super interested anon here
how do i start out, how do i make it profitable

>>15598372
No he isn't

>>15606666

>>15602704
My millionaire parents don't need money from me, but I do help take care of the dog, clean dishes ect.

>>15603085

Im already rebalancing towards more cash.
Imo the banks are getting nervous of the negative interest rates (especially in the eurozone) so they'll give out loans to literally everyone even if their score level is subprime.

TL;DR

Europe soon will be the Sequel of 2008(USA)

SCREENCAP THIS

>WAAAH, the post

>>15600042
>ex-German
That's not how it works. You'll never be Estonian. You're forever an ethnic German

>>15609356
Implying anyone wants to be an ethnic Estonian ;-3

>>15598350
explain to him of the future cryptocapitalism.

>>15609931
Red pill me

The only thing worth trading in anymore is options and physical assets. Everything else has been min/max'd to death by the people who built the information superhighways. If you actually believe that you have a chance of making 'real money' by investing in stocks, you have a couple years of hard truths and pain in front of you. The indoctrination might never go away.

Seriously, if you people think that digital currencies or the massive ponzi scheme that is wallstreet is something that YOU can individually benefit from long term, you should take a giant step back and examine yourself.

>>15599982
Can you recommend a high div usd etf?

>>15600587
Wow, I do not mean any disrespect but you are clueless anon.
1) there is no e-citizenship. Estonia has an e-residency program which has nothing to do with citizenship.
2) You are still a german citizen, unless you have renounced citizenship, which most likely is not possible if you do not have another citizenship already
3) e-residence is not the same as tax residence. You say you live in Asia, meaning you are tax resident in whatever country you actually live in, not in Estonia.

>E-residency does not have any direct influence on the tax residency. Being an Estonian e-resident does not mean that you become the Estonian tax resident.
>An individual is a tax resident in Estonia if
>his or her place of residence is in Estonia or
>he or she stays in Estonia for at least 183 days over the course of a period of 12 consecutive calendar months.

>>15611825
www emta ee/eng/tax-residency

>>15611825
this is wahat I was trying to point out said anon should seriously educate himself about international tax laws
>e-residency is NOT citizenship
>having an estonian company only means your company will be taxed in estonia NOT your personal income, thats extra
>if youre German and sell shit online to German citizens youre still eligible to German income tax
this is why I keep telling anons to get a lawayer you can easily fuck yourself over by trying to be cute and skirting international tax laws that shit is super complicated. theres a reason big corporations hire armies of lawyers to sort out their tax setups its not as easy as "let me get an estonian corp and Im good". i fucked myself over and had to pay three yeras worth of backtaxes to the German IRS because I thought I could outsmart the tax laws.

Boomers are allergic to volatility. My Dad won't invest anything except gold and silver, of which he has about 300k USD worth.

>>15612046
I tell him about crypto, He won't touch it with a 10 foot pole. He says stuff like "What if your sell orders don't go through?", and "It's good tech but it's way too speculative."

>>15612066
your dad has 300k in PMs and you have nuthin
whos the idiot here?
gotta love how all you zoomerfags hate on your parents when you havent accomplished 1/10th of what they did

>>15598372
This.
90% of people who trade stocks fail. It's not for most people.

stop inverting our yield curve eurotrash

>>15598350
Your dad is absolutely based and he's right. You're gonna lose all your money within two years.

>>15600098
You're the dumbest faggot in this thread

>>15598873
Stop promoting your book here. Why are you advising someone not to day-trade and then suggesting something as stupid as some “fastlane” to being a millionaire. There’s no such thing as fast money. Not with day trading and not by starting a business. The truth of the matter everyone is that it takes WORK. It takes dedication. You have to put your nose to the grindstone and reject fun for a good portion of your life if you want to be successful. It doesn’t mean you have to hate it, but a lot of it’s frustration. You can day-trade or you can be a serial entrepreneur and make a ton of easy money but you need to master it. You need 10,000 hours of practice at least. You must spend nearly a decade everyday trying to improve. And not just 45 minutes a day, but hours a day. Fuck y’all.

>>15598350
your dad is right. you think you know what you're doing but you don't.
>Me: "Even if economy is doing bad companies like McD or Coca or Novartis are still gain Mone..[...]"
those who bought Coca in 1998 and didnt sell at a loss only started to breakeven around 2015. -37% in 3 months.

>>15599770
How 2 buy land in Europe as a burger?

>>15612306
also lie to your dad. tell him you thought about it and he's right, it's too risky (even if you continue investing)... and dont talk stocks ever again with him

>>15612306
also Ford and countless others. It never recovered the ATH in 99 and went to 1$... it almost died during the crisis. do you think the company you invest into can't go the same way? that's why your dad is right.

>>15599895
>I have one child I will probably leave nothing to (if they show no sign of change)because of how they have treated me and their grandparents

Sounds like a prime opportunity to start a second family and cut him off. Ideally find some hoe younger than your child and get her pregnant. That way they have zero chance of outliving their shame of being financially cucked by their own father.

>>15599895
>I have one child I will probably leave nothing to (if they show no sign of change)because of how they have treated me and their grandparents.
your child only treat you the way you treated him. I can guarantee you were a shitty and toxic parent who made him suffer.

>>15612608
Kek dont believe the "my children treat me horribly"... Almost everytime it's just a reaction to shitty parenting

>>15599895
>I have one child I will probably leave nothing to
Cold and fucked up if true

>>15599770
Oh and btw , please create a nickname or something so that we can differentiate a person with positive IQ that gives decent advice from every other shitcoin seeding imbecile on this board

>>15598538
>rape him to establish dominance
This

>>15599987
You got the cocaine and spiders edit of that pic?

>>15603513
It would only make sense to pay rent to family of your payment went directly into the mortgage for the land/house. That way when it's paid off your parents can give it to you when they die.

>>15612066
>>15612046
>being this dumb and having zero self awareness

>>15599895
What if they abused you or don't give a shit about you unironically? Still tried to be a part of their lives and not a deadbeat but they just aren't interested and never have been.

>>15600588
Its a return to serfdom, really.
The Jews are handing out free money left and right for loans: why? Because they can at the same time have retards (i.e.: everyone) take on too much debt to service and also tank the economy and hyperinflate your money. Nobody can pay, Jews now own your house and land, and most other peoples.
Now everyone gets to enjoy renting from Jews, but never owning anything. You get to work for Jews, and never make any money.
Its serfdom. Again.

>>15613327
And before anyone says people will just rise up, history shows us that eventually, this might happen, but it will take a *long* time. If its even possible anymore with todays technology.

>>15611877
Agreed
>i fucked myself over and had to pay three yeras worth of backtaxes to the German IRS because I thought I could outsmart the tax laws.

Yeah, I did something similarly stupid and it cost me a shit ton of time, energy and money. There is no outsmarting the tax jew, at least not without professional help and millions of dollars. Did you face any other penalty for what you did?

>>15598372
This