/biz/ - Business & Finance

>>17284872
*mmmmmm* *chew* *mmmm* *swollow* repeat

for a boomer who wants to make 5%, and live as a wagecuck until they die

>>17284939
But he's averaged about 20% a year since the 1980s.

>>17284872
Unironically yes but he's lagged behind the S&P 500 for a couple of years now.
Just buy SPY and QQQ and spice up your portfolio with 5% UPRO and 5%TQQQ

It took Warren Buffett 26 years to go from $1M to $1B, which is not that crazy considering. Easy to make money when you have people drooling over every dollar they can get you to invest.

>>17284980
Isn't a total market index like vtsax better than S&P 500 funds?

>>17284980
gains of only capped, by the virtue being that he isnt actually "invested" right now, he is holding 30%+ plus in cash and expanding, to hoover up value when the market crashes. then get 30%+ once that value opportunity appears.

the problem he has now is he basically is another SP500, because the fund is big, there are no other options, theres nothing left to buy which is worth it. the only option he has is wait for a crash.

if you dont think there will be crash in the 36months, then you need to copy someone else.

>>17285418
Would it be prudent to park cash in something like VMMXX to wait for the crash?

>>17285505
You think there's going to be a crash? LOL. Fed is going to keep QEing until at least November elections. Then we might see a crash.

>>17285546
>Then we might see a crash.
This is what I am banking on, investing in stocks right now kind of feels like buying btc at 20k

>>17285505
buffet only gets cash slowly whilst he cuts off poor value in his portfolio.

you can keep grabbing growth until the fed starts looking nervous, and dump it in the minute.

>>17285638
For someone like me that is absolutely horrible at timing, would parking cash in vmmxx (a money market fund) also be a viable plan?

>>17284872

Yeah except he’s gonna die in 3 years

>>17285670
buffet is parking... so give him 100$, he will kep 30$ in cash

>>17284872
no, just because he crossed some bridges you may find they are gone when you reach them

>>17284872
imagine having enough money to stop hundreds of millions of children from diseases, hunger and homelessness but instead to choose to save it all for yourself for the sake of saving it. How much of a devil you have to be to be this guy? Can't stand the old boomer faggot.

>>17286155
you don't belong here

>>17286155
hello R*ddit tourist

>>17286155
Also imagine complaining about your tax rate being lower than your secretaries but not doing anything like charity with the money. Dudes lame desu and clearly past his prime, keeping most of the cash on hand doing fuckall due to his ‘muh no share buybacks and can’t find any deals’

>>17286171
>>17286220
grow up edgy teenagers

>>17286247
people like that deserve no respect but shame and ridicule, it's not done to stack up that much money when the majority of the world is suffering from poverty. Capitalism works, but you don't need billions of dollars in excess just for the sake of it. If I were God I'd give him a Lazarus experience at the other side.

>>17284872
By his portfolio, do you mean banging two women at the same time?

>>17286155
who will make the food you eat if you just elevate everybody?

in all seriousness, you can't really change the world with near unlimited money. the poorest places are the most corrupt. look at bill gates, he's really trying to improve the world in the best way he can. and it's not just handing out free money.

>>17286251
>gets called out
>gets mad
grow up r*dditor

No because he is doing dividend investing, which works well for him because he has billions of dollars so he gets millions in dividend returns.

>>17286155
reported for saing the f word

>>17286155
they just want to rule the world

>>17286489
I am no dumbsky, I know pooring money into the hands of the poor directly will make the world worse not better, however you can ignite many projects to bring about structural bottom-up processes that change the world for the better, self-sustaining communities that take care of the environment etc.

>>17285505
>>17285670
You are implying you will able to buy at or around the bottom aka market timing. Unless you have a strategy like "every x% down I will buy $x amount, repeat until i run out or market rebounds x%" you will fomo

>>17286646
fuck you faggot

>>17286734
I hate this world, if the world were mine, imagine no more wars, no more poverty, no more strife and hate, no more spiritual confusion, no more wars, no more exploitation, no more disrespecting the animal kingdom. It's what I am offering the world, now i am waiting for God to come through and implement my plans.

>>17286646
PEOPLE LIKE you are destroying the good fren vibes we have hear I hope a nigger rapes your mom in front of you

>>17286841
you tell him Fren! that fucking faggot doesn't adhere to our Frenly principles of love and tolerance! fuck that fucking faggot!

>>17286155
I think about this daily

Give the 3rd world a path to opportunity, not a free handout

>>17286740
https://www.forbes.com/profile/bill-gates/
https://www.forbes.com/profile/warren-buffett/

CTRL+F "Lifetime Giving"

they are both roughly the same yet you probably thought billgates was way more generous than buffett right?

they are probably doing as much as they think they can, avoiding corruption.

also you MUST remember that something like 99% of their wealth is NOT cash, but stocks or buildings. something you can't really use to start a community center or whatever in africa, without losing control over everything you've worked towards and also crashing other people's wealth

>>17286155
Making money is his game. He’s earned it fair and square, not giving it away until he kicks the bucket, which he said he’ll do only after death.

>>17284872
Just copy white people. Everything white people do is pure awesome sauce. Only white people can make money. Fuck niggers. Fuck kikes. Fuck gooks. White power!!!

>>17286785
Sounds gay

Stop larping everyone can tell you aren’t a white nationalist

>>17284978
that's dogshit

>>17287135
You really fucking believe that? HAHAHAHA

>>17286171
>>17286220
>>17286247
>>17286489
>>17286646
>>17286734
>>17287047
>>17287135
that's a copypasta you guys are replying to
it's not your fault since it's lowkey copypaste from some old biz thread
also
just because it's "bait" doesn't mean he isn't fucking retarded for pretending to be

>>17285546
Is it possible that the democrats can manufacture some type or financial crisis? Because literally nobody with any money invested is interested in the Dems taking back power in going for a full ride of horseshit progressive nonsense. Would the Dems risk getting caught? Their impeachment scheme didn't last long enough like it was supposed to, so they are going to keep having to role out "muh next big outrage" couldn't they try and gut the market? What's the Dems next move? They've been crying wolf for 5 straight years and people are tired of it.