/biz/ - Business & Finance

>>50702796
This is what happens when the money printer goes brrrr. $1 million in 2000 is a lot more than $1 million today.

live within your means. and compare and contrast that to what living within your means meant when you only had 4 figures

you could talk to a financial advisor and see what you can do to consolidate your earnings, or if you want to do something a bit riskier you could start up a business or two to try and turn a profit. Money's like water, if you don't keep it moving it stagnate (plus you get bored)

>>50702796
4 years ago this was posted with figures 1/10th of this
its all fud to stop you from buying in making you think its hopeless better not to try

but its still hilarious how they had to increase numbers to keep up with how well this market has enriched its participants
even today the /biz/ made it standard is 3mm (not 3000k you fucking autismus maximus)

>>50702941
Stagnates*

>>50702796
nice larp bait, 7/10

>fantasized about 10 mil
>”then I’ll be happy”
>acquires 10 mil
>not happy
>fantasizes about 50 mil
>”then I’ll be happy”
>acquires 50 mil in fantasy
>still not happy
>fantasizes about 100 mil
>…

Why stop there bro, why not 1 trillion federal reserve notes?

been there anon, current 9 figure hell tenant. It won't end, I feel so poor.

>>50702874
>>50703046
>you're slightly less poor than you were before!
...and? I still can't afford to quit my job and do what I want. I still can't afford my dream summer home. I still can't do ANYTHING cool or long lasting with my money. Face it, crypto isn't a golden opportunity for wealth anymore, at BEST you will get a middle class lifestyle like I have now (this isn't me being greedy, it's just an objective analysis of what I have). Only the 0.001% of the stupidly lucky and scamMAXXers will get truly rich from this point on, for everyone else it's just a skinner box scam for wagies.

>>50703222
>I still can't afford to quit my job
It's literally a better financial investment to quit your job when you have 16mil, unless it's for a company you at least partially own or you get paid something like 800k/year

>>50703046
ask the mtgox guy, ask the bitmex nigger, ask sun, ask do kwon, ask roger ver, ask the bitmain guy, ask ...
this guys were loaded beyond believe and if they were at least slightly less fraudulently crooked they would be titans today, but alas

it keeps happening always push it over the cliff, not just in crypto but in tradmarkets too like musk, madoff, enron
the thing is people happy with their lives can life to the fullest of their desires with 20mm todays dollarinos and generally do so when reaching that number
people with holes in them that cant be filled are the only ones that push on into billionaire status even when they are already very made it and will continue to push until death or failure

>>50703556
>dude you can survive for a few years off your accumulated savings so you can quit your job!
Again, inflation, taxes, and increased cost of life will wipe out that money without constant cash inflow. By 60 I would be no better off than my peers financially speaking. And that’s assuming that I stay a loner like I am now - if I want to raise a family with kids I need even MORE money just to stay afloat and provide them with a decent standard of life. Face it if you are not in 9 figures in 2022 you are still just a glorified poorfag

>>50704308
>Implying that 9 figures isn't poorfag
Lmao ok bro

>>50702796
this is bait, but if real most retarded shit ever. You could by a 1.5 million dollar house (very nice house pretty much anywhere in the country minus nyc, sf, la) put the rest in index funds and have $300,000k plus to live off of forever. You don't need a yacht.

>>50702796
Once you get to 11 figures, you should stop complaining.

All you need is one last 100 or 1000x to join the billionaire class.

Who pays you to make these demoralization thread

>>50704308
This has to be bait.

>>50706262
What about the post is bait? You need money to :
>stay ahead of inflation and taxes
>give you large payouts through passive income
>secure you permanent entry into at least the upper middle class
>secure a wife from said class as well
>raise children
>pay for children’s schooling
>food
>clothing
>healthcare
>housing
>transportation
>education
>entertainment
>daily needs
>nice house in nice neighborhood
>have enough funds for emergencies
>have enough financial security that I don’t need to work
>have enough to ensure generational wealth
And so on, and so forth… honestly you need to be at least in the HIGH 8 figures to provide a decent upper class upbringing for a family these days in the west. Anything else just dooms your future offspring to the cycle of mediocrity and poverty unless they get extremely lucky.

>>50706215
Exactly why I’m complaining anon. Sure if I was still an utter poorfag in the six figure range I could feel confident enough to gamble on shitcoins. But now that I’m stuck in eight figure hell I just can’t justify that kind of behavior, leading me to my dilemma. I just have too much to lose while still not having enough to be comfy. It’s the worst kind of hell because I really can’t see any way out, I can just barely try to tread water and hold on to what I have. It’s so cruel because I can almost feel like I’ve made it but 9 figures and financial freedom remains just as out of reach as before.

Bait and shit thread. On the absolute off chance that you are not kidding, know this: you are quite literally a mental retard. You are stupid beyond belief and should hang yourself. Actually, you oughta just do it anyway.

>>50707583
t. coping poorfag that dreams of “making it” (getting a paltry sum of a few hundred k USD) through “hard work” (gambling on shitcoins) and getting a “trad waifu” (buying visual novels off of DLsite)

Hey don’t beat yourself up kid, I used to be a dumbass like you too who thought that I could make it one day. The truth is, nothing is that easy, especially not financial stability. You’ll know what I’m talking about if you ever make it this far

>>50702796
social skills are king anon. get outside and learn to interact

>>50706165
>>50704610
>>50703087
It goes to figure that there aren’t any serious answers, just shitposting. Of course the lackadaisical daydreamers here would rather fantasize about “making it” with some paltry sum than actually think about how much money they need to fulfill their dreams

How the fuck are people falling for this bait lol

>>50708410
>no arguments
>it's bait because... I said so!
OK kiddo, try paying your own bills without living in mommy's basement. When your main expense becomes securing the roof over your head rather than collecting Funko Pops, you will realize just how much money you really need. Again you need at LEAST high 8 figs (50000k+) to really make it in current year, anything less and you will still need to wageslave, still worry about bills... you will just be like a middle class guy without a middle class income, which will land you squarely in the lower middle class.

>>50702835
True, inflation means that what’s a fortune these days will be a small sum in 20 years, and a wage slave’s salary in 40. By the time zoomers are the majority of the workforce you will need 9 figures to really make it

>>50702796
put it all on a 3x btc long rn

>>50702796
>>"rich" but not part of the upper class, any high tier doctor or lawyer or middle class pleb could easily reach my position through decent, safe investments
not at your age. and most will not. the top will. the top of any field is upper class.
8 figures is upperclass.

>>50707360
>10 Mill in low risk investments
>1 mill emergency fund
>5 mill liquid
You could live off that 5 mill for at least 25 years easily while commanding $200k/yr after tax salary if you're not trying to larp as some turborichfag. Are you fucking kidding me? Demoralization thread. You don't even have 4 figures.

>>50704308
>>50703222
>>50702796
Retarded faggot larp demoralization thread. Kys no cap fr fr

>>50708498
If you cant be happy on 200k over 25 years without doing any work, youre never gonna be happy. Money is not the issue here, you're too retarded to be happy. Rope now faggot

>>50709583
>8 figures is upper class
No it’s not, and honestly it just shows how indoctrinated you are that you accept your own slavery. Lower class means you’re working for someone else, you need most of your income money to just keep yourself alive. Middle class means you’re working for yourself, you need most of your income money to sustain your lifestyle, but you could keep yourself alive off of your saved wealth. Upper class means others work for you, you don’t need to bring in money as you can maintain your lifestyle off your saved wealth. Poverty/lower class/middle class is where you work for money, upper class is where your money works for you. This scale is relative. In the third world such as Africa or the Middle East you need only to be a millionaire to reach the upper class, while in the second world such as Europe you need to be a multi millionaire. In America though, you need to hit nearly 9 figures to be in the upper class since the standard of wealth is so much higher. You may not want to accept that you are a poorfag but you have to realize that it’s the truth.

>>50702796
16 million dollars isn't that much money nowadays, when you take into account inflation and its consecuences on purchasing power, like products shrinkflating

>>50709707
All very well and good if you’re going to accept the life of a poorfag NEET, but in that case why even try to make it in the first place? I want to be rich so I can LIVE rich, and I also want to be able to start a family. Starting salaries these days for big firms and corps are in the six figures so a standard normalfag middle class family with two incomes would be bringing in over $350k by the time they got married. Now what is my measly 200k going to do if I want to have my wife stay at home? You have to take into account that the 200k will shrink with inflation while my male competitors’ salaries will only rise. In addition I am a manlet, ugly, small dick, and brown in America so I need at LEAST 2.5x the amount of money as a normalfag competitor to land equally attractive partners. So I need 400$k times 2.5 times 30 which comes out to $30,000k just to obtain a normalfag middle class lifestyle for a few decades. You see how poor I really am? I need at LEAST 9 figures to even think about making it which I probably never will at this point, I feel fucking sick to my stomach fuck fuck fuck it’s all so fucking pointless and futile.

>>50710253
what a miserable human being, drop some LSD faggot and stop crying, you still with the calculator in hand and unhappy?

>>50707461
learn from people with old money. keep ALL your money in the stock market and only spend the dividends, keep your day job, and accumulate real estate. oh and live within your means. you wont feel poor if you do this

>>50710282
>just fry your brains with drugs so you can forget your shit life bro
Ah yes why didn’t I think of that earlier, just move to a trailer park and turn my head into mush with meth, can’t have any problems if you’re too retarded to remember you have any in the first place, you’re a fucking genius

oh wait nevermind youre NGMI no matter how much you have. I am a turbochad with just 350k and im sure ill have a happier life than you

>I am poor and coping
I am poor too but at least I don’t engage with delusional copes like “I’m richer in SPIRIT”… leave that shit for Disney movies. Enjoy your irrelevant poorfag peasant life man

practice buddhism

>>50710447
lol you're way too ignorant to compare LSD with meth, war on drugs too much buddy?

>>50702796
If this isn’t b8, unironically lull yourself, please

>>50710984
>just cope with religion bro, turn your brain off man, who cares if I’m a failure at least in my head I can pretend I’m not
>>50710990
>just cope with drugs bro, turn your brain off man, who cares if I’m a failure at least in my head I can pretend I’m not

These are the types of “people” giving you financial advice on here kek. Why the fuck did I ever think I could make it with shitcoins? Hey newfags just a warning - these are the true inhabitants of /biz/. Fucking losers with no money, no ambition, no nothing, just gambling away their lives until they rope. No different from hoodrats wasting their lives at the gas station lottery lol… you will NOT make it ever if you try like this.

>>50711102

gl with reaching enlightenment

>>50711070
>>50710501
>>50709752
>dude just accept being poor, how dare peasant scum like you ever want more from life, just let us harass and gaslight you whenever you try to make it, you WILL eat the bugs you WILL live in the pod you WILL own nothing and be happy
Holy shit just kys or don’t post anything at all if you’re just going to bitch, it’s like crabs in a bucket with you fucking people

>>50711186
15 mil is only poor in a joke context unless you need yachts and private jets like you need oxygen and dicks in your mouth

>>50702796
Larper faggotretard get saged
This board is not your personal financial advice for your wet dreams

>>50711258
$15000k is not enough to make it for me. It’s not even enough for me to have a middle class life with a wife, house, kids… Why? Life is a competition. There are winners and losers. The winners get to pass on their legacy, their genes, their blood to the future, while the losers die pathetically and disappear. So I’ve got to beat my competition to have the right to exist. Who’s my competition? THIS is my competition. Ok? Gigachads with the faces and bodies of Greek Gods, who can brutally mog me physically, mentally, socially and in every way imaginable, who have insane levels of social status and desirability, who are BETTER THAN ME in every fucking way. How can I compete? Lots and lots of money, enough that I never have to worry about work again, enough that no one can ever laugh at me again, enough that I can reach the top. Again if you are an incel poorfag NEET who is happy with being such you can “make it” with a suicide stack in the low 7 figs but if you actually want something out of life you need at least $50000k which I don’t have!

>>50702796
r/Superstonk
r/GME
r/GMEJungle
r/FWFBThinkTank
r/PickleFinancial

>>50710253
>I am a manlet, ugly, small dick, and brown
This is your true problem, not the money you have
It's all about your looks anon, your looks determine happiness in life and dopamine receptor activity
My advice for you ? Lefort 1 or 2 depends on how recessed you are, probably a orbital rim implants, HT and a rhino, lip widening and genio
As else a LL (only if under 5'7, body and face can carry you a lot) and roiding for body AND mentality (your T levels are simply as low as in a women)

>>50702796
>stuck in 8 figure hell
just buy chainlink and you'll be back to 6 figures in no time

Reminder : this is what life is like for a tall White Chad. >>>/gif/23283377
He literally just has to EXIST and pussy hands itself to him on a platter for absolutely free, hundreds and hundreds and hundreds of top tier females throwing themselves at him because they recognize his superior genes, his superior being. Statistics show that to achieve equal amounts of dating desirability (keep in mind dating is based mostly on milking beta bucks rather than actual sexual attraction) you need at least $100k annually just to make up for a few inches in height. Maybe if you are 5’9” or a 5’10” manlet you can compensate somewhat but you need to be a MULTIMILLIONAIRE as a 5’5” little gremlin freak just to barely break even with Chad. Then take in the brown debuff, the ugly debuff, the zero social resources debuff, and I literally need $35000k just to catch up with a middle class Chad. To be comfy I need $50000k and to make it I need $100000k at minimum… can you believe this sick fucking joke? I feel so fucking betrayed and ill to my stomach. What a cruel, twisted world this is. I am in fucking hell, this is a clown joke world and I am the punchline, all those years wageslaving and suffering and investing for fucking what?! It’s over.

>>50711419
Kek based, fuck all these shitcoins… it is all a scam anyways. The rich get richer and the moron sheep lose everything with hopes of making it. Why couldn’t I realize that sooner? Now I’m trapped in 8 figure hell, shit I fucking hate this so much

seek professional help

https://www.computershared.net/

>dude it’s all about the personality bro, just be a decent heckin person and stop being so entitled and you will find “the one”!
>just be happy with what you have bro, just be a peasant and slave in brown shit bro, you can’t take it with you xD!
It’s all a joke, it’s a sick twisted joke, we are in hell and the demons don’t even have to torture us because we do it to ourselves while somehow believing that if we torture ourselves enough it’s actually a good thing and we will stop feeling pain from the torture and rather feel satisfaction…

>be 7fig fag
>not an idiot, so actually bought cash positive assets
>earn close to 25% p.a. with hard assets that aren't crypto smoke
You're an moron OP, the truth is no amount of money will help simpletons like you. Ngmi

>7 figures
See that’s the problem, you are so poor that you don’t even know how poor you are since you have no perspective on what real wealth is like. That’s why 8 figure hell is so bad, you finally have enough so that you’re afraid of losing it all but you’ve just realized how far away you are from actually making it. It’s like being tugged in two directions at once, you have no idea what real despair is like.

>>50702796
>be me
>stuck in 12 figure hades
Do I kms today or tomorrow?

>>50702796
The problem isnt your money, the problem you are simply unedcuated and don't know how to have a constant stream of cashflow.

CASHFLOW is the most important part of being rich. Without it, you will see your big stack of money deteriorate to inflation and all the other shit you talked about.

Learn how to INVEST your money for CASHFLOW you retard.

You could easily make 200k+ per month with your stack of money and simply spend that 200k without touching your 10 mil.

that's how you do it, moron.

>>50711526
this anon fucks.

>>50711428
>Chad
He is HTN max with instagram halo
A real Chad does not need online validation and would outslay this child into oblivion
Still good for him though, he shoudl slay as much as he can

>>50709444
checked
holy fuck I actually lmao'd at this and then I remembered that 40 years ago you could buy a house for 40k and 20 years ago being a millionaire meant you made it.

>>50702796
I got 24mm and it never really ends. I cant even buy a nice yacht without getting fucked in the ass. yearly costs on those are crazy

>>50713072
I would be so happy with just $1M or $2M. but I got a few bitcoins so I guess i'll soon have it

>>50710253
this is either a larp or you are one of the tards who hit the shitcoin jackpot. a bluechip dividend stock folio could easily get you an average dividend yield of 4% which is $640k per year. on top of that comes the value appreciation of the stocks themselves so that you never have to touch the underlying

>>50712619
even worse it, it inflates exponentially

>>50702796
Get a emo sugar baby

>>50711526
Post proof

>>50702796
You will never make it until you fix your mentality. How are you making your money? I hope you started a useful business?