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/biz/ - Business & Finance


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54850334 No.54850334 [Reply] [Original]

My money makes 600 dollars a month for doing nothing

>> No.54850361

fuck off poorfag

>> No.54850399

>>54850334
must be nice
>>54850361
must be nice

>> No.54850548 [DELETED] 
File: 72 KB, 309x289, 1057-pepe-popcorn.png [View same] [iqdb] [saucenao] [google]
54850548

Hello everyone,

Launching a pepe fork. Tokenomics are visible on the website, so you can see exactly what you're getting into. Join if you are sick of missing the next x10000 and want to be early and build together.

Information about the presale
twitter.com/pepecoinfork/status/1654185581788659718

Website: pepefork.vip

Starting marketcap is gonna be 26k. Idk Literally no brainer easy x100. Just hold 2-3 days and thank me later.

>> No.54850578

>>54850334
Correction: your money makes $600/mo for making jews >$600/mo

>> No.54850996

>>54850548
a 10 follower twitter account does not legitimize your scamcoin pajeet

>> No.54851029

>>54850334
You just have it in money market earning ~4.6%. All that APY is paid for by money printing so your net after dilution is still negative.

>> No.54851048

congrats you make 1% a year WOW CONGRATS DUDE YOU CAN LITERALLY GO ANYWHERE AND AUTOMATICALLY GET THAT

>> No.54851085

And it loses $700 per month from inflation, congrats.

>> No.54851103

>>54850334
>176k
>for 600$ monthly gain
Wow you are fucking stupid as fuck

>> No.54851118
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54851118

>>54851048
And yet LINK somehow loses against an inflating dollar. Curious.

>> No.54851653

change it to fzfxx. i have 172k in cash and earned 700 last month

>> No.54851935

>>54851103
What the hell is ur problem?

>> No.54852194
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54852194

Everyone in this thread is so mad that OP is making that much risk-free money

>> No.54852332

>>54852194
I am mad that he and you claim it is risk free

>> No.54852356

>>54852194
He's actually literally losing money.

4.43% - 4.98% = -0.55%

A 4.43% risk free return back when inflation was 1-2% would actually be impressive, but not today.

>> No.54852363

>>54852194
OP is actually losing his proportional share of money he is only gaining because they print money to pay the ponzi APYs so the amount of digits go up.

>> No.54852503
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54852503

>>54850334
Same

>> No.54853149

>>54850334
my $70k $ape staked only makes $240/day. wish i was doing 600/day

>> No.54853186

>>54850334
Lmao that's terrible

>> No.54853498

Money markets don’t lose money like other investments can. It may perform worse than other investments but you can be pretty liquid and at least the money is safe. Plus it’s just a piece of the pie, after you have real estate and stocks and alts where else would you put money? In a risk free money market or high yielding savings account.

>> No.54853641

>>54853498
No shit. Its just cash. You are holding cash, and getting an APY paid by gov money printing. It is literally no different than some crypto shitcoin's high APY paid by supply dilution.

>> No.54853663
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54853663

>>54850334
I made $25k in a year by doing literally nothing, DexTools made me rich kek

>> No.54853686

>>54852356
the market will crash faster than inflation, so he's doing alright

>> No.54854308

fuck i have a CD thats 4% and my regular savings is just above 2%
ill get almost 5k in interest this year

>> No.54854328

>>54852363
isn't this the purpose of every growth? number goes up

>> No.54854382

>>54852356
you realize not every asset is inflating? some are deflating in fact. here's clue retard, don't buy inflating assets during high inflation

>> No.54854437

>>54854382
but everyone saying crash is coping it's just gonna be choppy then perm qe

>> No.54854705

>>54850334
you'd be a wealthy man in rural Belarus

>> No.54855160

>>54854328
No the purpose of making money is to actually have a higher amount of purchasing power or a higher share of the pie.

Imagine if the gov just added a zero to everyone's bank balance. Would you be any better off? No its just a re-denomination.

That's what fed money market interest is. Its paid by the gov which pays the interest by printing more money. They are just ticking up everyone's balances 5% and acting like its a "gain." And its actually worse than that because bank take a cut of that as well so you're just losing money actually just losing less than if you held cash.

>> No.54855210

>>54855160
>No the purpose of making money is to actually have a higher amount of purchasing power or a higher share of the pie.
so this inherently means just getting a better growth rate against "inflation" or accounting for inflation within the appreciation?

>> No.54855223

>>54850334
over the same time span your money also lost at least twice as much in purchasing power :^)

>> No.54855249

OP what are you holding at Fido?

>> No.54855254

>>54855210
At least maintaining your piece of the pie. Think of it like a stock, if you own 1% of the company, and the company does a stock split and now you have twice the amount of shares. You still own 1% of the company. You didn't gain anything. Imagine if they did a 2 for 1 stock split, but you only got like 1.5x shares. You wouldn't be ok with that just because your digits were higher.

But some reason when the government prints 6-7%/year and gives you 5%, people think its "yield"

>> No.54855257

>>54850334
* yawn *
I didn't get into crypto to 0.04x my money.

>> No.54855386

>>54855254
makes sense.

>> No.54855435

>create institutions which can only function by pooling money together to create as much inflation as possible
>whenever a big one starts to fail, have the government print more money to give them so they can keep creating inflation for their customers

Guys I am starting to suspect that we are all fucked.

>> No.54855463

>>54850334
congratulations bud. but $600 a month is literally meaningless. I hope you're putting it back into your account.
My first goal is 400k in taxable accounts so the yield can pay my mortgage.

>> No.54855496

>>54855160
>And its actually worse than that because bank take a cut
And don’t forget taxes!

>> No.54855505
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54855505

>>54850334
You should use a MMF?
I have also around this amount in MMFs (of a very low 7 fig portfolio)

Poor fags in this thread don't understand that asset diversfication can be achieved via cash. This is a envioment where bonds are as risky play as equities for the time being. The safest place is cash.

Also why are people talking about inflation as though OP is dumb for staying out of a falling market? He can't control inflation, but he can control his risk-on allocation you dumb fucks.

I sometimes forget people on this board have like 10k to their name kek.

>> No.54856081

>>54855505
Hes bragging about his fake yield tho, its fine to have dry powder to trade so you build up more real assets. Just don't delude yourself that you're earning anything.

>> No.54856104

>>54853663
Please elaborate

>> No.54856118

>>54850334
If you're not yielding more than 8% you're losing to inflation and your dollars are in fact losing value.
Buy Bitcoin you stupid nigger.

>> No.54856126
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54856126

>>54850578
Someone was paying attention

>> No.54856162

>>54852356
Meh everybody is getting heemed right now, taking 4% interest in a savings account is smart

>> No.54857338

>>54850334
4% APR is below inflation, anon

>> No.54857594

>>54850578
Correction: your money makes $600/mo to keep you distracted from the fact that kikes control the money printer and are inflating you away way faster than that and your $ are not even backed by thin air

>> No.54858284
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54858284

>>54852194
basically this. it's like implying that when you DCA into bitfuck every month that you're not only losing money as well but it's a high-risk investment because the bulk of it is determined by borrowing and leveraging. federal bank notes have existed since 1914. i guarantee this crypto bullshit won't even last a fraction of that LMAO

>> No.54858803
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54858803

T-Bills are earning >5% (APY) now and the investment limit is $10 million. Anyone not putting their free cash in this 100% risk-free investment is dumb.

>> No.54858822

>>54858803
>risk free investment
lol

>> No.54858926
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54858926

Wagmi OP

>> No.54859045

>>54850334
If you put that in buttcoin back in January, you'd have another $150k.

>> No.54859132

>>54850334
OP must be holding QANX, ORE and AVAX.

>> No.54859304

>>54858822
>risk free investment
It's probably the most secure investment in the world, other than, day, precious metals.
Yes, the US is a Jew-run powder keg, but it's not as volatile as pol or biz would have you think, certainly not in the timeframe before rates fall far below the current >5%.

>> No.54859311
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54859311

>>54852194
>risk-free

>> No.54859840

>>54858803
Its not 5%, because they're still running a deficit that 6-7% of the money supply, so the gov is printing more than you get. You are losing your share of the pie.

>>54859304
Then something like covid comes and then they print so much money they dilute you by 1/3. Losing 1/3 of your share isn't risk free.

>> No.54862676

>>54859840
Kek

>> No.54862723

>>54853686
Reason why I fucking hate crypto. This is all scam and no one will ever make it in life with it.

>> No.54862885

>>54850334
Most of the existing metaverse projects are literally shit

Point me in the direction of one that actually does something
Even Meta isn't bullish on the metaverse anymore

>> No.54862954

>>54850334
I'm making $600/mth with 4 options contracts. You should doing 4k with that amount of funds. (theta)

>> No.54863031
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54863031

>>54859045
Seems fags have got a way outta this degen, Gen-2 staking is getting bags filled and it's thrilling to earn from Ride yield

>> No.54863074

>>54862954
Covered calls?

>> No.54863122

>>54852194
you need about that much more to retire with minimum wage tier income

>> No.54863124

>>54863074
Both, just wheel a good ticker like AAPL.

>> No.54863292

>>54862885
Tell me you've never had a go with Ride, a sweet titty experience on metaverse is all they've got.

>> No.54863332
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54863332

low iq bizfags really seething over OP generating an acceptable amount of interest on his money instead of gambling it away on meme coins

>ur losing money on inflation bro! lmao well played for your jewish overloads!
>yeah I lost 15k in my crypto portfolio but I'll make millions next bull run!

>> No.54863470

>>54858803
Won't the treasury bills and bonds be worthless when the debt ceiling is hit or raised? Seriously, even the fact that the deadline is creeping up with no concrete solution is bad for these gubmint assets.
They will obviously raise the ceiling again and kick the can further down the road, but the fud around the debt ceiling must have some effect surely? Maybe it's one of the reasons why this ridiculous Crypto rally is still going on.

>> No.54863475

>>54862954
you would get the same theta selling every wednesday morning for friday eod and you would only be taking on 60% of the volatility

>> No.54863492
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54863492

>>54850334
Oldfag, inflation is eating up your capital money. I staked my wallet with RAIL to earn a juicy apy, better than keeping it fucking idle like my stupid wife.

>> No.54863733
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54863733

>>54863292
I saw peeps getting robbed in metaverse.
>>54863492
ZK based privacy projects are going to be paramount in coming times. The fucking market cannot take the burden of a major hack again.

>> No.54864109

>>54856118
I simply don't care about this, using a blockchain tech and NFTs for entertainment in cars is the new way to go.

>> No.54864471

>>54858803
>100% risk-free
>dude just lock up your money with some entity that can print them out of thin air and are doing so in insane amounts
>dude just pay taxes on those yields
>dude i promise, it's risk free, inflation is totally lower than rates yield
dude government bonds are a slow bleeding at best and in many cases it's like being staked with a shitcoin that is being dumped by venture capitals

>> No.54864564

>>54851118
based old fag

>> No.54864966
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54864966

>>54850334
nigger I'm up $600 in the last 24 hours just on coinbase

>> No.54865002

>>54863733
> ZK based privacy projects are going to be paramount in coming times.

Thoughts on Azero?

>> No.54865092

>>54850334
usd
literally kek

>> No.54865354

>>54851935
He's sort of right, even banks give better monthly returns than what you're making a month and you'd be within FDIC range

>> No.54865432

>>54863124
Nevermind, PEPE, AI and some DiD management are printing millions

>> No.54867329

>>54850334
so assuming no inflation, you need to 10x your stack to be lower middle class

>> No.54867334
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54867334

>>54850334
>"makes" 4% annualized
>inflation is higher than this and still understated by fed/govt
WOW

>> No.54867383

>>54850334
>>54852194
Samefag

>> No.54867505
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54867505

>>54850334
tell me your jocking ?

>> No.54867972

>>54852194
>monkey market funds are risk-free
>treasuries are risk-free
>it's free money goys, trust me!!! kekek xdxd
>We're all going to be rich!!!
>MMMM - I sure am feeling mighty complacent :^)

>> No.54868610

>>54865432
The metaverse is also showing innovation anon, as I have currently seen a platform bridge VR to automobiles for user backseat entertainment needs.

>> No.54869775

>>54853663
>DexTools made me rich kek
It's Maiar dex in my own case, with Ride and Itheum working for me while sleeping >>

>> No.54869797

>>54865092
Nigga

>> No.54869801

>>54865002
>Azero
The shit is going to zero

>> No.54869844

>>54864564
hell no, link is still very much on top of the charts, and keep getting good investors ratings on so many Al platforms cos they stay informed of market trends, it would be crazy to sell based on some misleading information

>> No.54870003

>>54850334
Now account for inflation.

>> No.54870351

>>54855249
OP is probably holding EGLD and UTK. The 20-25% apy checks out.

>> No.54870567

>>54855435
If you have any iq you go all in on monero, metals and land in west virginia

>> No.54870596

>>54853663
Punjabi scam. Freezes funds of whoever it finds adequate, heard it from a friend.

>> No.54870662

>>54852356
>WELL ACTUALLY you're losing money because of inflation
>I, a genius, lose money to both inflation and bad investments
In this market the game is to lose the least amount of money. Only way you're making money is dumb luck.

>> No.54870675

>>54870662
this

>> No.54870919

>>54870662
Xmr, metals and land

All your faggot memes will die

>> No.54871040
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54871040

>>54850334
My jewish debt note line goes up for being a good goy! Surely line won’t go down?

>> No.54871070
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54871070

>>54850334
My money makes 10k a month for basically looking at a funny green chart and making sure it stays green. Nothing more.
Oh and also NEZUKO

>> No.54871088
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54871088

>>54870919
>land
high iq, this will keep appreciating regardless of what's happening in the world
>Xmr
I was also recently pointed to it, it caught my attention because of privacy, who knows it might actually be one of the successful ones considering its ratings on tokenmetrics.
>>54864966
Just Wow, i got into the parry late

>> No.54871873

>>54850334
>600 dollars
>Less capital gains
>Less withdrawal penalty
>Less service fee
>Less tip
It's just fake to make you think you have more than you really do.

>> No.54872847

>>54869801
A good reason to bank on PEPE, ORE, HBAR and AVAX.

>> No.54872856

>>54865432
>>54868610
JEETS

>> No.54872877

>>54855463
By your own admission that's nearly half your mortgage payment.

>> No.54874349
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54874349

>>54855463
>$600 a month is literally meaningless.
This and other responses ITT about how several hundred dollars a month or >5% (APY) risk-free from T-Bills are beneath y'all are more examples of why /biz/ is such a shit show and barely above /x/ with regard to your delusions. Apparently, this thread is full of millionaires from crypto and other magical secret investments that only they're smart, shrewd, and successful enough to exploit. You fucking shitheads need your own containment board. You're not Leo in Wolf of Wall Street, you're on a basket weaving forum that hosts anime and lolicon, pron and gore.

>> No.54875735

>>54874349
> Apparently, this thread is full of millionaires
It is

>> No.54875789

>>54874349
hey boomer, my goal is to make 10k a month not 10k in ten years.

>> No.54875910
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54875910

>>54850334
you're helping jews make more money, in return burning the world you live in

>> No.54875949

>>54850334
Pretty cool, this close to the amount I'd like to have after the next bullrun so I can do exactly this. $600 per month would easily pay rent where I live, allowing me to continue being a semi-wageslave at 8-12hrs a week. When this plays out, I'll be able to pocket at least $1k/mo stress free.

>> No.54876033

>>54875735
>make 10k a month
good luck with that, kid

>>54875949
You're a reasonable person and I wish you success on your endeavors.