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/biz/ - Business & Finance

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20483468 No.20483468 [Reply] [Original]

Why is r/personalfinance so conservative? Like invest in IRA, mutual funds, but dont even have $1000 investment in crypto?

>> No.20483486

>>20483468
what does this have to do with racism

>> No.20483495

boomers

>> No.20483565

Is there such thing as a crypto IUL? Asking for a friend ..

>> No.20483613

>>20483468
because theyre all a bunch of basedcuck faggots that dont even have the ability to resist the temptation of a fucking credit card, let alone crypto gambling

>> No.20483722
File: 88 KB, 220x294, 1541827042954.png [View same] [iqdb] [saucenao] [google]
20483722

>>20483565
Forgot my image

>> No.20484571

They can barely figure out how to use a computer let alone put money in crypto.

They prolly old as hell

>> No.20484588
File: 6 KB, 195x250, 1594602557578s.jpg [View same] [iqdb] [saucenao] [google]
20484588

I wonder

>> No.20484603

>>20483468
Same reason why /biz/ laughs at anybody who owns a stock. Polarized cultish groups who aren’t able to discern positives and negatives for themselves, they just eat up the prevailing narrative they have ascribed too and anything else is wrong.

>> No.20484631
File: 261 KB, 701x597, qja0plm3cly41.png [View same] [iqdb] [saucenao] [google]
20484631

Finally have a thread to post this in

>> No.20484753

>>20484603
jesus william put the fucking thesaurus down and speak english

>> No.20484798
File: 131 KB, 525x809, hey beavis look at this dumbass.jpg [View same] [iqdb] [saucenao] [google]
20484798

>>20484753
That post isn't using words that are particularly difficult or obscure, and they are appropriate for getting his message across. Are there no white people where you live?

>> No.20484819

Normies

>> No.20484833

>>20484753
Dey tink crypto stupid cuz dey like warren buffet and dey no look at anyting else cuz they tink it stupid even tho it not.

>> No.20484855

>>20483613
Do they say only use checking account? lol

>> No.20484862

>>20484603
but thats more mememing here, most people seem to recognize that stocks are worth your time

>> No.20484946

>>20484631
You know, this describes to a T a majority of my co-workers in a tech company in fucking seattle.

I fucking hate them all, yet they whine about having no money and I'm comfy as fuck with 250k liquid fiat, linkies and bitcoins.

to bad I'm not retiring age yet.

>> No.20484957
File: 219 KB, 968x832, 1595027254431.png [View same] [iqdb] [saucenao] [google]
20484957

Because its the first place wagies go when their parents give them money to invest or they get their trump bucks. Its likely similar to a pyramid of shit advice that trickles down from the top; with the top being boomer economists -> economic journalists -> faggots with a MBA or a minor in economics -> everyone else

pyramid of faggots, pic related

>> No.20484972
File: 6 KB, 454x520, 1583850643108.png [View same] [iqdb] [saucenao] [google]
20484972

>>20484603
>Same reason why /biz/ laughs at anybody who owns a stock. Polarized cultish groups who aren’t able to discern positives and negatives for themselves, they just eat up the prevailing narrative they have ascribed too and anything else is wrong.

>> No.20485103

>>20483468
you need to go back if you can’t answer that yourself