/biz/ - Business & Finance

six figure hell Dave, six figure hell

PRAY TO JESUS

should I take a loan to buy bit whatever with leverage, Dave?
I'm thinking 12x for starters

>>29789381
A loan to buy WHAT with WHAT?

>six figure hell, Dave. You know where you know you have a lot of money, but you're not really considered rich yet, so you still have to slave away at a job that you hate, and can't really do anything fundamentally useful with that 100k. But you're scared to make risky plays anymore because hey, 100k is still a lot of money. But you don't want to just play it safe because that'll take forever to grow playing it safe, and I want to retire in six months, not 20 years from now. You know what I mean, right Dave?

>So you are telling me ... you've put all your money in bitcoin?
>Well not bitcoin, most of it is in altcoins
>And what's an altcoin?
>So, uh, it's like bitcoin, but different. Kind of li-
>Jesus Christ Anon

>>29788966
six figure chewable income

>>29789617
kek

>>29789617

spot on

>>29788966
Who is this guy and why are we memeing him?

>Here's what you need to do
>Take a 15 year mortgage
>Don't do anything else, no vacations, no luxuries, no spending on nights out
>You take out a 15 year mortgage, and you put every penny on that and pay that sucker off.

>>29788966
So Dave boomers are a literal cancer that has put the entire country so deep
Into debt that the value of the dollar will soon be nothing. Why should I pay back my student loans again?

>>29789613
>No I don't anon. 100k is a lot of money, more than most Americans will ever have in their savings. This could easily make you 1million when you retire if you follow my advice. You have to get back to reality anon, this isn't one of your video games, this is real life

it's called Blueberry Crumpet Token or $BBC for short, dave. by using the DEX and yield farm then staking my stack i can reap an easy 12,000% APR. NFT support, blockchain agnostic, bonuses for ICO hodlers such as myself, i'll 10x my suicide stack within days

>>29789947
>just wageslave till you break you back bro, it's easy
Jesus fucking christ I would rather off myself than live like a subhuman

>>29788966
>>29789569
>>29789617
>>29789947
>>29790043
kek, /biz/ is the best board

Hey Dave, if I max out my credit card with 15% APR and 3x leverage that debt on margin with 3% margin rates, isn't that leveraged investment basically at 3% + 5%?

>>29789947
If you have a family this makes legitimate sense.
None of the incels posting on this board do though so they don't need a house to gift to their children

Hi Dave, I have 10k in savings, should I go on holiday to Japan in hopes of finding a pure asian wife or pay off my credit card?

>>29789947
whats the diffrence between this life style and the one kaiji was living as a miner as a slave to a corporation? Actually Kaiji every 6months could get a free day on the surface to do what ever he wanted.

How do I call into Dave's show? I'm 21yo in Europe with $500k all in LINK mainly. I would want to know what he thinks about it.

>>29789617
flawless

>>29790307
>gift house to children
they lose it in a year for some city violation or taxes

>>29788966
Dave, I have a reverse mortgage. I don't really need the money, but I do use those funds to pay for a service that delivers a rare cheese to my house weekly. Is this a need or a want? Thoughts?

>>29790123
> I'm really sorry Rankesjh, I really don't mean to be rude, but your accent make it very difficult for me to understand what you're saying, really sorry but I'm going to move on to our next caller

>>29790532
>if you had 500k in the bank right now, would you reinvest that into your virtual tokens, anon?
>it's a bubble, like tulip mania, none of them are real

JUST CASH IT OUT NOW DUDE

>>29790532
I looked this up and he does get a call about Bitcoin. It goes exactly as you think it would.

"Cash it!"
"You have over 50% of your income on a roulette table."

As always, Dave is the based Boomer.

https://www.youtube.com/watch?v=ki2z0KhJLlA

>>29790825
>he thinks he can cash out internet funny money
HAHAHAHAHAHAHAHAHA

>>29790307
>so they don't need a house to gift to their children
Who the fuck gifts their house to their children? Your children will be 40-50 years old with a house of their own by the time you die and pass on your home.

>>29788966
Is Dave just another retarded out of touch boomer or does he actually offer sound financial advice? My dad listens to him every day.

>>29790940
Then they can sell it if they don't want to live in it? You fucking retard lmao

Dave I have a $20k car loan with 0% interest and $200k in bitcoin. Should I use my bitcoin money to pay off my loan?

>>29791070
the former, as far as i can tell

>>29788966
Dave is still based and he is doing a good job. It's hard to even realize how retarded most of the people are with their personal finance. Dave's advice that seems self evident to you can be life changing for a normie.

>>29791070
out of touch boomer, but the average person is financially retarded that his boomer advice is still a better alternative

>>29788966
Yes dave? I have a question. I hate jews and I want them out of my country forever. What should I invest in?

>>29791070
It's basic shit if your ia is >100, don't go into debt, have some savings etc But take into consideration that majority of retards in us have shit like student debt, unpaid credit cards, brand new car they can't afford, in this case it's blessing for normies

>>29791070
He's deep in a lot of boomer memes, and most of his financial advice is fairly basic and conventional, but he has a way of communicating with people who fuck up like this which makes him both a constructive source of advice for people who are struggling and entertaining to listen to.