/biz/ - Business & Finance

>>54118314
Parasites always attempt to feed. Sabotage and a false crisis in order to get any amount possible.

Do not tell anyone that you have any wealth whatsoever. These parasites recognize how fucked things are, and are willing to steal and kill for yours. Instead of the honest path, they have resorted to evil.

It's all about compounding which is why it's important to start early and aggressively. Once your ball is rolling you hardly have to contribute anything else income-wise.

>>54118391
Say anon you seem like a nice guy, you want to talk to me about my life?
I think you're unique special and a unicorn of a human being.
I guarantee you'll enjoy my company, I can even watch over you while you sleep.

Let's be frens.
You can email me at
schizophrenicserialkiller@protonmail.com

>>54118314
If a billionaire actually distributed their wealth it wouldn't create more food in the world. It would just raise the cost of it

>>54118314
that almost all the reasons people are broke are their own fault.

Having money or not having money the only difference is the voice in your mind

>>54118436
>Let’s be frens.

>>54118597
I bet there's gold inside his bald skull

>>54118597
this

>>54118314
Being a frugal fuck goes a long way.
By living with your parents and saving like 90% of your income, even McWagies can save up six figures in a couple years. And if living with parents is not an option, moving to a crappier neighborhood and trimming costs can easily save the average person like 10 grand per year. It adds up quickly

>>54118882
Im living with my parents while i rent my house and stack links… it feels like a old persons home like taking care of my kids.

>>54118314
the more you have, the more it exposes your weaknesses

>>54118314
>In your life what's the most profound epiphany you experienced about obtaining wealth?
It's not what you know, it's who you know.

>>54118314
the tunnel thru the air contains all secrets to wealth

>>54118314
I have none.

>>54118715
kek

People are willing to piss it away easily and you need to make sure you don't do that.

Warren Buffet said something about risk taking with money makes no sense for people who got rich. You already made it once, risking your wealth in a risky investment, be it something on the market or just starting a business, is stupid because after you "made it", the upside benefit is limited and the risk, going back to being poor, is huge.

I've seen someone do this once. A man I know through my uncle, who got fairly wealthy from starting a string of gas stations after the revolution where it was not completely owned by big companies, lost basically everything when he decided to start a restaurant and a small hotel. Both risky sectors, but he went all in and over the course of a few years lost most of his money as he tried desperately to turn things around. He basically went from being wealthy by local standard, to having to work for a grocery store chain managing a warehouse and moving from a nice house to an apartment.

He's not a pauper and still likely doing better than most, but the chances of getting rich a second time are basically none for him. Getting rich once is a very low probability event, so if you do manage it, you need to make sure you get to keep your wealth from there. Diversify a lot, don't do risky shit and maintain some fort of income. Also don't spend beyond your means. It's a way of slowly bleeding yourself and going back to being poor.

>>54120241

Indeed. Let the Demon of Death guide your trades.

>>54120241

Are there any good resources you know of for decoding all the time cycles in Tunnel?

>>54118314
Its hard to be more based than Socrates but Diogenes found a way. He's like the Ted of greek philosophy

>>54118314
Money isn't real

>>54118314
Some people are luckier than others. An online friend of mine made a few millions with crypto, the same way I wanted to.

He made 10x on coins multiple times in a row. It was like watching someone winning the lottery multiple times.

Since then he lost a lot but keep making it back with lucky moves. He also cashed out enough money for decades so that was smart. He never helped me and I got broke as fuck.

Anyway I believe some people are just born with more luck.

>>54118426

when I was 20 i projected some investments and concluded that every 1$ saved would be 7$ in 40 years. it helped save a lot since I would look at my purchases as 7x more expensive.

>>54118314
You can either trade time for money or money for time and most people choose the first option. Money is a very good servant but a terrible master. Your first 100K is the hardest step but nonetheless you should aim to have 100k as soon as possible after that it's just a matter of compound interest and recurring investments. Never use debt to consume but always use debt to acquire cash flow positive assets.

>>54121646
Damn, I think I'm in same situation as him. I had 1 mil at the top but didn't cash out, now my total networth is barely 70k. I fucked up my only chance for a decent life I think. Born poor, grew up poor, now I might die poor.

That none of it matters. Everything is free if you steal.

>>54124644
How can I steal an apartment?

>>54118314
Money isn’t real. I will own nothing and I will be happy.

>>54118314
Time is more valuable than money

>>54118882
>moving to a crappier neighborhood and trimming costs can easily save the average person like 10 grand per year

Whats even the point of working then? The distant hope my extra 10/k per year won't be entirely overshadowed by inflation and real estate quadrupling in cost? I'd rather not willing surround myself with the colored folk

>>54118391
Truth.

Even your own family would comitt arson and fraud to get you to sign their mortgage off them. Stay loyal to yourself with your money. No one else.

>>54121997
Also interested in insight. There's a few Youtuber's but I dont feel like going down a schizo rabbit home.

>>54124542
time is the only commodity that can not be bought.
some might argue health as a second.

>>54118314
That all assets are a ponzi, the financial system is a scam, and memecoins are where the real gains are made.
In conclusion, 50B eoy

>>54118314
Life is like a dog being dragged behind a truck by a rope. You have 3 options of what you can do

1. Get dragged
2. Get up and run
3. Run faster than the truck, catch the truck, jump in the bed of the truck

>>54118882
>haha bro just live like shit how is being poor real nigga lol just live in a tent and consume as little as possible
#grind_overload #sigmaking #sigma #ligma

>>54118314
wealth=/=money

>>54124777
criminally unchecked trips of truth

>>54118314
It's nothing if you are alone

>>54118314
I realized that all I really have to do is buy Lucky on BSC. Gambling Ponzi money printer

>>54118314
that the best way to do the needful (getting rich) is to take other peoples' money by pretending to be an expert in a new field even if you don't know what's going on and selling some kind of service they don't understand
also that it's easier and less risk to just bogleheads it and retire at 55 with like 5-10mil in the bank after maxing retirement accounts with some money into a taxable account after 35 years
and that people are really fucking stupid, and even intelligent people know jack shit about the most basic things outside of their wheelhouse

>>54118314
>In your life what's the most profound epiphany you experienced about obtaining wealth?
I'd rather be lucky than good.

>>54118314
That’s a very interesting question. I think one of the most profound epiphanies I experienced about obtaining wealth was that it is not a goal in itself, but a means to an end. Wealth can enable you to pursue your passions, help others, and create positive impact in the world. But wealth alone does not guarantee happiness or fulfillment. In fact, some people who have a lot of money may feel more stressed, lonely, or dissatisfied than those who have less. Therefore, I realized that obtaining wealth should be aligned with your values and purpose, and that you should also balance it with other aspects of life such as health, relationships, and personal growth.

>>54118314
The biggest difference between the rich and the poor is how they spend their money.

>>54127456
34 shirt, 70 jeans, 1200 mto boots
>60000 watch
>keys to 800000 supercar

>>54126977
Correct on both accounts

>>54118314
Don't invest in anything you don't understand.

>>54118597
Billionaires use their wealth to buy farmland. Your argument is a charade

>>54118314
Being a wagecuck just means trading your precious time for a miniscule amount of money.

>>54124065
anon, if he did it multiple times the odds are it isn't luck, imo. he has a talent, even if you or he doesn't know what it is, he's got good intuition or knows how to spot bangers early based on certain signals.

>>54124777
checked

>>54118597
…but more food would get to be consumed. It’s unlikely. the food is the marginal unit of food less money to unironically buy politicians and media to psyop you

Make money instead of earning money

>>54118391
/stealthwealth/ chad reporting in.