/biz/ - Business & Finance

>>29147034
you're a retarded nigger and you're GAY, how about that?

>>29147034
But I’ve managed to make my net worth be over a million by investing.

Objectively false

>net worth
>not actual liquid money

Yikers.

>regular stock?
Yea, use that money to try to increase your income.

>crypto?
No.

Watch me turn $10 into $10 million

>>29147034
No

>>29147034
Two thirds of Americans couldn't come up with $1000 in an emergency.

>>29147505
...
Am I really richer than 2/3 of Americans because I have 10k?
That can't be.

>>29147688
If you include infants and grannies

>>29147505
The survey that caused this bullshit statistic had to be done only in NYC. This shit is so fucking retarded.

>>29147505
I’ve heard this stat thrown around a lot and just can’t believe it. Even if the number was 10k it seems absurd.

>>29147757
Yes, I will include them

>>29147034
I get where he's coming from. The more you have the more you look down on what's pocket change to you. I just broke into 6 figure hell and I don't consider anything below 4 figures an investment and when I look at poorfag threads holding dear to their 200 or 500 bucks scared to invest I think "cute", but I wasn't different a year ago, too scared to put my "hard earned" money into anything.

Funny how quickly your perspective on money changes with how much money you have

>>29147034
It’s true but it’s not. I started around with lunch money and made thousands. But just watching my shit go up painfully slow hundreds of dollars at a time is so pointless

Life is pointless if you don’t have 200k and making at least tens of thousands but even that’s shit I need 6 figures every week

>>29147034
I own Rubic and PNK. My net worth will be BAZILLIONS in the next months.

>started with 10k
>have 150k now

I'm sure some richfags or LARPers will consider that a waste of time but I live in Muttmerica where the average person can't even foot a surprise $500 bill.

>>29148153
How long did it take?
You made a 15x one time. But you still have 150k.
You could make that every single year if you stayed in school

>>29147688
>>29147899
>>29147803
You have no clue how poor the average person is and how bad they are with money. Consider the average salary. What is it? 2.5k a month? 1k is rent. That leaves you with 1.5k. Internet, food, clothes, gas, insurance and living expenses and you're down another 1k easily. That leaves most people with like 500 bucks and now consider that most people live in debt and constantly pay back fees and try to correct their red bank accounts. Now add booze, cigarettes, lottery and gambling, presents, vacation, maintenance costs etc.
And that's not even including most people paying of some loan for the third fucking Iphone

>>29147387
This.

I'm up 72x on $100

>>29147034
>if you don't already have money then more money will not benefit you

>>29147387
$1M in boomer stocks is already basically halfway to making it if they give dividends. passive income + increase in value every year.
$3M in boomer stocks is enough to live off of forever

>>29147034
That’s what this faggot said and look at him now ahahahaha he cried in court like a bitch and got all his money taken away. Let’s see what he tries to do when he gets out.

>>29148650
Bro if you can’t live comfortably on 40k/year (4% of 1m) you are doing something wrong

>>29148738
he will be fine.
he also was just saying that for optics and to come off as responsible. it was PR

>>29148810
as a single guy? sure if I go move /innawoods/
i kind of want a family someday though

>>29147034
true
that's why I'm gambling on shitcoins

>>29148547
I get what you are saying, but 47% of American households allegedly made 75k+ in 2019, so much more than 2.5k per month. If the stat is true, that 2/3rds of people in the US cannot afford a $1000 emergency, some portion of households marking over 75k fall in that group. People really are horrible with money...

>>29147197
This

>>29148810
Yeah right like that 4% is totally gonna be stable and achievable across time
All so you can live like a single normie with no family
You need to cut it down to 1-2% so you can be sure that even when the Sino-American War breaks out you'll still be financially free

The point is not just to neet of your gains forever but to be able to do what you actually want
$2.5 million (2020 dollars) is /makeit/ money

>>29148547
I don't know
>3,191 monthly
>-1,167 for rent
>like -200 or something for internet and electricity
>-300 for food
that leaves me with 1500. 500 dollars for whatever, 1000 to the bank.

>>29148475
how does that prove that investing 10k into 150k is a waste of time

you need to up your troll game, this is weak

>>29147034
Glad I didn't listen to that advice as a poor high schooler in 2013.

Now I got that money from a simple $1k start.

>>29147034
>put in $1000
>10x
>$10000 is life changing

Rich faggots will never understand this feel.

>>29147034

Turned 10k into 100k this year. Stay salty boomer.

>>29147034
Oh fuck mine is only 870k looks like I should sell everything and give up lol i hate having a passive income of 40k sitting on my ass doing nothing anyway so glad you showed me the light op very gus post i do the needful

>>29149762
Yes but you're also not a degenerate normie and realize the value of money and the need of accumulating it.
Or heck I'm not even thinking normies. Go to fucking /pol/ and ask them their networth. They will fucking seethe at you

I join the crypto one year ago and rn x3 my total investment if I sell everything. This won’t ever happen to average retarded Joe that only have some gold/bonds/cash on the bank.
Feel hay with the money you made, even though is just a bit .
Kek

>>29150211
>$10k
>life changing

I wipe my ass with 10k, If that is a lot of money to you then your life is a mess.

>>29150219
>>29150092
>>29148642
>>29148552
You chuds are laughable
>you 100x and get $58k,
>I 2x and get $3,800k
All beacause I went to school and got a hot educated wife, while you stared at penny bitcoin stocks wich you don't even understand

>>29151267
so true. this board is filled with people who have never mastered a trade.

>>29147034
>change my mind
If you have 500k. That's 40-50k per year that's average salary.

>>29147034
How the fuck do you get to 1m without investing or being a trust fund babby?

>>29152339
I would kms before having to wage slave for 10 years.

>>29151854
she's educated in dicks and had a few SEMENaries

>>29147034
Daily demoralization thread, not falling for it kike

>>29151854
>>I 2x and get $3,800k
fucking poorfag lmao

>>29147034
How is my net worth gonna reach 1 million if I don't invest retard?

If you're investing in stocks probably yeah. Not crypto.

>>29147034
Boomer stocks, yes

The amount of sheer derp in this thread....

>>29147034
you know that dude started with nothing right?

>>29151267
>>29152274

Fuck off faggots... I'm 24 and have a net worth of 300k so 10k is alot of money to me..
The fact that I am so far ahead of most is because my parents are wealthy and taught me to invest...
Some people dont have that advantage. I worked at a hedge fund where the owner didn't have a net worth above 10k till he was 30.. Now he is worth +10 billion.

Talk shit on poor fags more while some work their asses off to make more than any tradesman fag ever would
Investing is for everyone

>>29147034
True, but 1,000,000,000 would be a better threshold

>>29152507
>>29152365
>>29152339
Get a real job, be good at it
Don't fall for the tradesmen memes

>>29147034
You fucking retard, how else do you think we get to 1,000,000 ?

I have roughly 600 eurobucks in unrealized gains.
I'll get 30 eur divvies next month
30 eur pays for several food items
So go fuck yourself, it's enough

>>29147034
Pic related

>>29151854
based Black Man. I kneel

>>29151267
>If that is a lot of money to you then your life is a mess

glad you agree the vast majority of the first world is a mess thanks to jews :)

>>29147034
I watched a guy turn $1,000 into $1,000,000. So you're dead wrong OP.

>>29148153
>>29150219
Well done lads, ignore the trust fund bastards shitposting and keep on keepin' on