/biz/ - Business & Finance

>>56816995
when you are rich buying "consumer" goods is painful.

>>56816995
I make 105k per year and after pension deductions and dental and shit, it's about 2.9k per paycheck. Literally slave labour shit anon

>>56816995
>be me
>12" dick
>10/10 wife
>11 fig networth
>19 years old

Listen, I got my shit rekt by 08 and spent a decade being a miserly jew with finances. I'll be damned if our country's reckless monetary debasement sends me back to the poor house with the cost of groceries, alright?

>>56816995
the middle/upper class has seen the least wage growth by percentage in recent years, so it kind of checks out anon
feeling like you've worked hard and won the game, then later backsliding, is a shitty feeling
https://www.dallasfed.org/cd/communities/2022/0808

>>56816995
>trying to retire off low 7 figs
>realize that $100 every time you get groceries will make retirement harder
Inflation sucks for everyone

>>56816995
I get to complain. My crypto wallet holds $2,500 total.

>>56816995
You understand fud is beyond don't buy this token right? They need to stir up demoralization to make people stop working, then complain about prices to make people save up while we're at a generational low in alt coins.

>>56817026
anon i left school in the middle of clown world 2020, i think you are basically future me
the rampant debasement fucked with my head to the point where i feel as though i need to do retarded levels of saving and investing to get ahead

>>56817047
Yes. I am, in fact, future you, me. I am you as you are me, and we are he etc. Be a fucking ascetic monk with your finances now and you will not only survive, but also thrive. As a side note, I think young people have more leeway to gamble on degen finance shit, but please be careful. Patience and discipline is still rewarded in clown market.

>>56817060
>As a side note, I think young people have more leeway to gamble on degen finance shit, but please be careful.

This is true. I was 20 years old in 2017, lived with momma and threw everything I had into crypto(a few thousand dollars), pretty much made it because of that. No way I would have the balls to do that now that I have bills and actual responsibilities. Be a degen in your late teens/early 20s, but still work on school and career just in case you don't make it.

>>56817060
yeah i'm 90% in normal boomer ETFs that always go up and to the right for 5-10+ year spans, 10% in more speculative bets that could eat shit without impacting me too badly.
i agree that intelligent risk taking, or a modest degree of leverage, while you're young is generally smart. though, i'm mostly speaking with respect to the percentage of income we set aside.
like 80% goes into investments at this point, and i struggle to decide what's "a lot of money" anymore after i got enormous raises and watched the price of everything near-double.
it's sound advice and encouragement anon.

>>56816995
>People who are wise with their money are unhappy about overpriced items
It's your two brain cells that are not adding up OP

>>56816995
you forgot
>everyone on /biz/ is a cheap fucker

Crypto is all about chances, either you take them or you miss them either way you can buy SOL XRP, and staked myself with blocklords meanwhile y wait for their ido

Either you take it or you miss it.

>>56816995
>28
>STEM degree
>Boring, safe, reasonable, govie cuck wage job
>credit score 780, despite being mex
>no debt (I’m antisemitic)
>networth 175k
>still can’t afford a home
>feeling overwhelming poor
>no gf

It’s actually fucking over isn’t it? This job in the early 2000s even 2010s wouldve netted a comfy existence now I just want to dump batteries in the fucking ocean (marine biologist).

>>56816995
crypto whale here
i sometimes come here to make some gem hunting, made a lot of moolah most of the time (because I'm not buying the jeetest of the coins out there, anything related to pepes or wojaks or anything like that)

my personal recommendation is a dogcoin called $VINU, maybe one of my favorites since it's pretty much shortable and now they released a perpetual token, maybe a good signal for many of you gem hunters

>>56817126
going to tell you my story. I quit my job recently and I felt like a complete piece of shit, and I realized that the job was pretty much the only thing I had to prove that I wasn't actually a piece of shit. I had been fooling myself my whole life, that I had social value, that one day I would get my life together. In reality I had abandoned my friends at every opportunity, and wasted every opportunity that was given to me. At the end of the day, I'm not a good person and I never will be. And you know what? It feels good to hit rock bottom, to know who I really am, and to not care about fooling anyone. My goal now is to ruin the illusion for everyone else. Go fuck yourself.

>>56817088
Im 34 and live with mooma, i was making around 15k a month from youtube and now i make 0 because they demonetized me and i dont know what to do
i saved near 400k since im a monk

im making around 1200€ a month from monetary funds due current interest rates

i need to 2x this money they i can NEET with a peace of mind i will never at least starve

im not getting a job because working doesnt pay enough to bother and im too tired anyway