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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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56583838 No.56583838 [Reply] [Original]

>he does not have 200k in a money market fund earning him 800 dollars every month
lol

>> No.56583861

>>56583838
I don't even have 1k to my name, in anything.
I'm nearing 40 years old.

>> No.56583881
File: 222 KB, 720x720, 1698634029954169.jpg [View same] [iqdb] [saucenao] [google]
56583881

>invests $200k
>thinks $800 is a good monthly return

>> No.56583891

I feel like I saw this same thread a few years ago, you been drawing down on that or something? Why isn't it going up?

>> No.56583899

>>56583881
it's more than enough if you play your cards right

>> No.56583903

>>56583838
Where you stake ’em? I would stake but im too worried about getting liquated and losing everything.. I have 250k worth crypto in my cold wallet.

>> No.56583914

>>56583903
this is a troll post right? he doesn't stake they are held in a broker account. tardfi

>> No.56583920

>>56583899
You could make the same amount every week selling credit spreads with far less than $200k

>> No.56583935

>>56583891
I have another 30k. 10k in checking and 20k in robinhood :)

>> No.56583993

>>56583838
yeah maybe because i'm 20 and unemployed you faggot

>> No.56584013

>>56583838
i have 200k dollars in bitcoin instead. it makes more than 800 dollars a month.

>> No.56584042
File: 57 KB, 2113x289, Screenshot 2023-11-07 111919.png [View same] [iqdb] [saucenao] [google]
56584042

>>56583838
Correct, I have $350k in a money market fund earning me 1500 dollars every month

>> No.56584052

>>56584042
shiiiiiiiiiiii

>> No.56584073

>>56583838
>>56584013
>>56584042
I get $800 a week on unemployment because my union pays well but has me laid off without work for 2/3rds of the year

>> No.56584085

>>56584042
why would you go over the 250k FDIC insured limit in a single financial institution? why not split it into multiple and remain under the 250k mark?

>> No.56584106

>>56583838
DUDE. Just buy real estate and RENT , even that shit makes at least more than that.

200k = 800$ that's what? 4% ? that's awful.

>> No.56584113

>>56584073
That sounds comfy. I make $10k/month from my job so the $1500 I get from my MMF divvies is basically just free rent money.


>>56584085
Not sure if you're trolling or not but money market funds are SIPC protected not FDIC protected. They are treated as securities and not cash so you are protected up to $500k per account per institution.

>> No.56584116

>>56584085
Maybe he isnt a racist chud like you and doesn't have a problem donating to Ukraine/Israel

>> No.56584119

>>56583920
What's a credit spread?

>> No.56584145

>brags about $800 when $200k can give you $2000 per month in a boomer's savings account or get 13,7% apy on chinknance
You're going places son

>> No.56584147

>>56584113
this i did not know, thank you

i guess i need to brush up on this more

>> No.56584184

bot thread.

>> No.56584192

>>56584145
>get 13,7% apy on chinknance
In USDT ?

>> No.56584225

>>56584184
>I refuse to believe other people have more money than me

Cope and seethe, poorfag. Cope and seethe.

>> No.56584232
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56584232

>>56583881
made me kek too

>> No.56584250
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56584250

>>56583838
>800 dollars a month
>that is billed as income
>so 550 dollars a month
>with a 200,000 dollar investment
Wow, incredible return.

>> No.56584296

>>56584225
No retard the OP is spamming the board, you're just retarded
By the way net worth doesn't equate intelligence, wisdom or understanding.

If you can't tell a real thread from a fake one someone will swindle you eventually.

>> No.56584304

>>56583861
You can have this (You).

>> No.56584342

>>56584119
An options strategy. Search it on YouTube or whatever

>> No.56584363
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56584363

>>56583838
Yeah, take into account inflation before you even see a profit, as well as taxes. Even brainlet tier investing when we have market crashes will net you far more as long as you take profits.

>> No.56584391
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56584391

>>56583899
Enough for what? Payments on a jeet BMW?

>> No.56584440

>>56583838
>he doesn’t buy 100 eth with that 200k to be a millionaire by Q2 2025 so he can earn 800 fiat scambux a month
Holy shit you’re retarded

>> No.56584805

>>56584296
What do you mean fake thread?

>> No.56584845

>>56583838
lol
my tax bill is more then your annual gross salary

>> No.56584895

aaand its gone

>> No.56584945

>>56584845
Why do you just assume that OP doesn't make any money outside of this one investment account? I mean, the $200k had to come from somewhere

>> No.56584955

>>56583838
>800 dollars every month
What would I even do with that?

>> No.56584972

>>56583838
correct I have it in Kaspa and it will earn me another 200k in 4 months

>> No.56585018

>>56583899
Why would you willingly relinquish yourself to disgustingly large opportunity cost? Insane

>> No.56585028
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56585028

>>56584972
hoping my suicide stack of KAS will launch me into 6 figure hell by 2025

>> No.56585043

>>56583838
i need only 5000 to make 800 a month pal.
get gud.

>> No.56585443

>>56583920
>>56584342
You have to check the total return brainlet. Maybe you have a greater cash flow with your meme strat but buying a dividend versing index fund will give you a greater overall return. The reason OP's returns seem weak is that he only includes dividend return and omitted market return. I bet OP will make 8% per year at least on average long term.

>> No.56586020

>>56583838
800 a month? I made 3k today and 1200 yesterday from a measly 1.3 eth.
>a month

>> No.56586084

Hey guys is this real or a phishing scam? I haven’t been on Bittrex in like 5 years, I don’t know what I did with the phone that has the Authenticator

>> No.56586098
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56586098

>>56586084
Fuck

>> No.56586243

>>56586020
I will sell my life to you to help me survive in the shithole am in anon. I CANT DO SHIT EVERYTHING I DREAMED ABOUT AND ALL MY AMBITIONS TO THE FUCKING TRASH

>> No.56586254

>>56583838
I put $200k into LINK a few weeks ago and now I have $400k is that good? Like $200k/month on $200k?

>> No.56586312

>>56586098
That looks very much legit
if you cant locate your authenticator you're out 8k I'm afraid

>> No.56587536

>>56586020
forgot to mention you lost 5k the day before you gambling faggot

>> No.56588104

>>56586020
>>56586243
Please see this anon

>> No.56588911
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56588911

>>56583838
I have 150k in t-bills. 35k matured last week.

I wouldn't really recommend them.

>> No.56588934

>>56586254
no, you didn't

>> No.56589140

>>56586084
>>56586098
Yeah, Bittrex is kill. Better start looking around for that phone.

>> No.56589564
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56589564

>>56583838
>>56584042
>>56588911
BTC is up 114% YTD and you guys are bankrolling investment bankers for a 4% ROI.

It just amazes me how many people are satisfied with being middle class.

>> No.56589944

>>56583838
>"investing" 200k and only getting $800/month

Lol, lmao even

>> No.56590031

>>56589944
Post yours

>> No.56590146

>>56584145
Where are you getting 12% interest rates on savings accounts? Some third world country?