/biz/ - Business & Finance

>>49945905
Common with parents, when you discover how financially inept they are / how much opportunity passed before them.

It's all about network, friends, and purchasing power - it makes it less human, but, really makes you wonder.

I don't respect anyone, especially americucks

>>49945916
Depends, in some cases parrents don't take risky opportunities or can't follow trought opportunities because of their children. If a parrent sacraficed their own success for their child, that is a GigaChad parrent in my eyes. It's now the child's responsability to make it.

>>49945905
have a quick think about how anywhere near most people could have $10mm who are over 60.
then get back to your homework.

>>49945905
Haven't you seen Breaking Bad

>>49946006
what's it all about anyway?
my mum actually watches it on jewflix

>>49945905
i don't take financial or career advice from anyone who is still working past the age of 50.

>>49945905
>your brain on americanism

>>49948704
it's sissy blacked hypno instruction porn

>>49945905
>implying you will even make it to 60 without putting a bullet in your brain when you find out you aren't special

>>49945905
You are a fucking nigger.

1) Old people, at least from 60-70, are the best.

2) Whether they have money or not says next to nothing about someone.

>>49945905
Every boomer in my family had more prestigious or stable careers than any of their children. It's a little scary to think about. The children of the ones with the best careers are stuck in mid-tier roles scrounging for scraps, the children of the ones with middling careers are straight-up mentally ill and unable to support themselves (myself included).

>>49945996
>become a programmer
>$250k/year as a google L4
>save half because you're not a retard
>assuming no promotions for 35 years, 35 * $250k = $8MM
>add in 17.5 years in the stock market -> $32MM

"But programming is hard, I'm dumber than a pajeet and can't get into google!" - well then you can do a white man job as an entry-level investment banking analyst

>>49945905
If you have money as an old person you lost the game. You must spend as much money as possible during your life and die broke. You won't take it to the other side.

>>49948942
forgot to divide by two since we're only saving half so make that $16MM as the final sum

>>49945905
Stop posting meatholes, you’re among civilized men anon.

>>49945916
Our parents grew up in majority white countries with expanding economies. They didnt have reason to believe things would go to shit. They had kids with the expectation that things would be as good for us as it was for them. The stock market was something they only heard about in movies.

>>49945905
If you're under 30 or above 40 you're either too young or too old and should shut the fuck up, lurk moar, or die

>>49945970
thanks for the pleb tier take, you illiterate fuck
pls go back

>>49945970
sacrificing opportunities to become a parent is a simp move.

>>49945905
All they had to do was leverage money from the bank and buy up tons of property. Which was possible back then as banks were not at all as strict as they were back then when it came to lending, now you need to have like triple collateral and show proof of a very high income.

>>49948942
Google only hires non whites and women

>>49945905
I honestly have no idea how the boomer couples without kids aren't all millionaires, all they had to do was buy and hold practically anything.

>>49948942
>taxes
>living expenses
>inflation
That will be 80% of your salary + tip btw

>>49948942
1. wow 35 years at google, that isn't' going to happen. From politics, to general wagie - 5 years, yeah, 10 years, maybe.
2. l4/250k at google, lol ok - you don't know shit about total comp.
3. 250k is mid comp level, maybe low end senior, it should be something like 170k base pay and 150k RSU/annually. - but let's say it's 250k in Seattle to be generous.

250k revenue, cash, including bonus, no equity - gross = $179,420

studio apartment, kinda lame minimum 1800, more nice at 2000. that's 24k.

155420 left over.

179420 - 24000 155,420

Food, fun and other things I left out, but you loose an immediate 100k just because of "work and living" costs.

And programming is hard, paeets and their caste are playing more in control alongside cults, especially in Google Freemont/Seattle.

You need to very much be a cultural or a diversity fit, and it is a sterile, cold place.

T. Googler in Seattle. From the ones in Cali, I hear it's much worse - I'm fortunate that I can work remote anywhere in the world and my day is about 3-4 hours max. If it wasn't, I wouldn't be in Google, I'd be coasting somewhere else.

>>49949279
thats why I wrote a prerequisite - you need to not be a retard
if you can't live on $120k, even in SF, you're a tard

>>49949284
levels.fyi puts total comp for L4 at 160k salary, 80k stock, 30k bonus - whats your issue with putting that down as 250k total? you should be invested into the stock market anyway
not counting equity makes sense if youre working for a 10man startup; your google stock wont go poof (and you can easily short it if you must hedge)

>>49948942
>everyone gets sick of (((big tech)))
>everyone realizes (((online ads))) are a scam
>normies adblock everything
>VC jews start losing even more money
>tech industry shrinks drastically
>pajeets and AI replace most codenigger jobs
nothing is forever, thanks for playing!

>>49945905
This is only true if you're White. You literally have no excuse to not be successful if you're White. And if you're not successful right now, just kill yourself.

>>49945996
>put ~300k into nasdaq over the 70s and 80s
>~15k a year in savings
>a little over 1k a month between 2 people
Keep in mind real estate yielded similar returns too.

>>49949203
And everyone else only hires white dudes. Either you're the best of the best minority or you can eat shit in some $45k/yr webdev outfit.

>>49949457
If programming goes out of style, it will be because working has gone out of style as a whole
if AI can do programming it can do anything and you're either dead or living in post-scarcity

>>49945905
>a 60+ that isn't worth $10 million at least
Go see your doctor and take your pills. You have an unhealthy lust for money.

>>49945905
Yes, this has happened to me as well. I judge old people who still work for a living very harshly by default now
>>49945970
It should never come to this when we're talking about multiple decades, you can absolutely have both

The old people here all lived half their lives under communism and what little they had got fucked by western Germans slurping it up for cheap after 1990