/biz/ - Business & Finance

>>58193437
I’m 23 and have more money than you

>>58193437
It's hard but if you sit down with them and get them to figure out how much cash they actually need accounting for loss of buying power. You can figure out how much they will be able to leave for inheritance than you have to convince them that the money would better serve you now than later because of obvious reasons. If you're a sperg, just give up. This takes charisma and charm.

>>58193437
Gonna laugh when they will all their money to unicef or some other scam designed to destroy generational wealth.

>>58193437
$100,000 is 20% of $500,000 you fuck. Why are you trying to buy a house in Seattle or San Francisco? Move the fuck out and settle down somewhere else.

>>58193437
Thats what you deserve degen

>>58193471
>Just "rizz" your parents for money bro

>>58193502
If I put down 20% the monthly mortgage payment would be 2800 or 3000 dollars a month. then after that I have to take into consideration high utility bills. I would be house poor basically. I do not even think I would qualify for a loan.

And I am talking about phoenix arizona, anything decent here is 450-500k minimum.
>>58193471
it feels like begging and is cringe. I know they will soon have probably 100k in liquid cash soon due to inheritance my grandmother dying.

>>58193530
it is begging and is cringe....unless you have rizz. then you're selling them an idea, a dream. be passionate, concerned, but understanding. practice eye contact and smiling

>>58193437
Tell them to help you or you’re move to a different location with a cheaper cost of living. And if they want to be nearby family when they get older, helping you probably works out best for everyone involved.

>>58193437
who’s that bitch nigger cunt lover again?

>>58193437
why not rent?

>>58194148
>costs as much
>own nothing

>>58193565
Ever considered, that you can't LARP being a salesman to your parents? They know exactly who you are and what you really think, when you're putting up a show

>>58193437
I thank god everyday I'm not white.

>>58194218
There's virtually no upfront cost to renting.
That's extra money you can use to invest with, starting now.
You're also more flexible as a renter.
If your earnings go down, you can find a cheaper place.
If your earnings go up, you can find a better place.
If the area goes to shit, you can just move to somewhere else.
There's no unforeseen expenses for repairs or maintenance.
It's not guaranteed that your home will appreciate in value or that you can sell it at all when the time comes. It depends a lot on the general and local market.
There's not really any risk involved with renting, and you're much more free.

>>58193565
>unless you have rizz.

"Just totally change your personality and the way you act around the two people that raised you. THEY won't know you're bullshitting!!!!"

gibs are gay, specially for someone making 80k/yr. kys

>>58193832
Elsa Jean. She is an octaroon herself I think, but I like her fat ass and horse pussy on such a petite body.

>>58194469
all true. it depends on OP's situation and plans for the future and his career of course.
still, owning a house isn't the worst investment you can make, especially if you can actually afford it.

>>58194509
It is an unfortunate state of event when qt white girls would rather take a bbc than do hardcore bdsm porn

>>58194707
She's an eighth black herself

>>58194935
It is an unfortunate state of event when qt nigress girls would rather take a bbc than do hardcore bdsm porn with white cocks

>>58194958
Kek, better

>>58193437
OMG I LOVED HER ON BLACKED OP!

>>58193437
Why would they be obligated to give you money from THEIR mothers house?
She literally willed it to them and not you, it wasn't on accident.

>>58195249
anon you're talking logic and reason that's not wanted here he wants gibs from his parents not logic and reasons why its not his money to ask for.

>>58193437
>>58195272
If OP had posted this thread but from the perspective of his parents, you'd all be calling his (hypothetical) son an entitled nigger and recommending to lie about not actually receiving any inheritance

>>58193437
>>58193455
these silver spoon ,milk toast babies crying about the nothing thats wrong with thier lives. hope you both get flung out a car window on the highway

>>58193437
Boomers are the first generation that dream of their kids being worse off than them, true vermin.

>>58193437
Pls say sike

>>58193437
maybe stop being a pussy and just save for yourself

>>58193437
you sound like you're doing alright

>>58193437

She looks smart. What does she invest in??

>>58193437
>I make 80k a year
Nobody needs a house until you have a wife.
Nowadays wives work so you'll have her income to add to yours.
Seriously don't buy a house until you have a wife, I have a house with my wife and it's way too much space for 1 person.

>>58193437
What in the fuck are you talking about?
You need like 50k for a down payment on a 400k house.

>>58196063
He wants a second home not a starter home

Don’t expect shit from your dumbass parents. You’re either old money or you’re not. No use with sour grapes.

>>58193455
Do you? 70 percent of americans live paycheck to paycheck. Most people are struggling and working 50 hours a week. You dont have a job u neet
>>58194479
Thats why you rizz them up.

>>58195524
Ok rentoid

>>58196085
Yes, rizz can change everything. if he rizzes them up they will know their son finally came to his senses and became a man.

>>58193530
>it feels like begging and is cringe
And is exactly what it is.

>>58193530
>I would be house poor basically. I do not even think I would qualify for a loan.
1% of people in the world are by definition "rich." 70% of americans live paycheck to paycheck

>>58196085
Retard millennial, the truth is most people are "paycheck to paycheck" voluntarily.
Poor people are impulsive and blow through their wages in 3 days on bad car payments and Applebee's, then complain that they're too tapped to buy the newest phone that came out.
Don't be like them and you're fine.

>>58196318
>Poor people are impulsive
Most americans are poor though. I just read an updated report on this.

>>58196318
>Retard millennial
1% of people in the world have a million dollars. Thats 9,000,000 millionaires out of 7,800,000,000 people. Most people are poor and not milionaires.

>>58196318
Most people you see in public and interact online with arent rich.

>>58196355
What percent of Americans are millionaires?

>>58196371
Idk, 6%? Whats your point? 10% own 70% .

>>58196371
8%. And the wealth gap and road to serfdom is growing.

>>58196371
25% have no savings lol. Middle class continues to shrink. 80% of americans are fucked.

>>58196341
>>58196355
>>58196370
>Muh report says everyone's poor
Poor people in America are better off than almost everyone who's ever lived, and are living in other countries.
The amount of millionaires is irrelevant, millionaire is not the bare minimum to not be poor, you are terminally online.
All of this doomer blackpill shit is seriously poisoning your brain and making you miserable, I sincerely hope you get that godzilla sized pacifier out of your mouth.
In the meantime, stop shitting up other striving anons with your gay sad boy garbage, the end result of your life can only be improved by you.

>>58196507
?? Its statistics. 10 percent own 70 percent of all wealth. I literally looked up the articles before making my posts.

>>58196507
>All of this doomer blackpill shit is seriously poisoning your brain and making you miserable,
The wealth gap has grown a lot since 2021.

>>58196507
Vast difference betweeen bottom 80 and top 20. For the bottom 80, they cannot afford the cost of living.

>>58196507
>stop shitting up other striving anons with your gay sad boy garbage
As the peasants demand "more free stuff" from the government, this slows economic growth dragging everyone down and pushes more of the middle class downwards.

>>58196507
>In the meantime, stop shitting up other striving anons with your gay sad boy garbage
Of course, my analysis also underscores why bitter economic sentiment persists even during "good times". It is hard to be excited about economic prosperity when you don’t participate much, if at all.
For 80% of Americans, the end game of too much debt, an aging demographic, and the push for “socialistic policies” is the continued extraction of wealth from the “middle class” to the “rich.”
Of course, we don’t have to look much further than Japan to see how this eventually works out. They don’t have a middle class, either.

>>58196318
Bruh live frugally is boomer talk. You don't make enough. I'm an engineer with a masters degree and a shitload of Azure and VMWare certs and build factories and I couldnt amass 100k in liquidity before 30. You need to pay for a car, or a house, or this or that. And that's making excellent plays. That's smart enough to buy car in cash when the rates were up at house on loan when it was 3%. Not alot of people figured that out. Theres even your medical care and your 401k that goes to a black hole never to be seen again until your 60s.
I have that now. All it took was covid killing my idiot boomer boss who insisted on forcing us to meet in the office & died for it like a fucking moron.
Now I do have it. So how has he got 100k in the last 4 years? Crypto plays while burger flipping? Salaries are down outside of IT. I started at 80k, now zoomers start at 60k. If they can even get hired.

>>58196507
>doomer blackpill shit
>your gay sad boy garbage
Biden's spending is unnecessarily heating up the U.S. economy, making Americans poorer

>>58196526
>>58196535
>>58196561
>>58196579
>>58196630
Nigger I’m on your side but just make one post

>>58193437
It's not your money, faggot. They could burn it if they want.

>>58196638
>Bruh live frugally is boomer talk.
stop buying useless shit, zoomer.
>>58196318
California fast-food restaurants layoff workers ahead of $20 minimum wage hike

>>58196638
>Bruh
stopped reading there.

>>58193455
I'm 17 and have more money than you

>>58196638
>I'm an engineer
im starting to not like engineers. these fucking people always have to let us know they're engineers lmfao. there was an entire thread about this recent.

>>58196674
Good saves me on talking to a retard.

>>58196689
why do you let everyone know youre an engineer. lmfao.

>>58196638
> live frugally is boomer talk

No it really is true though.

>That's smart enough to buy car in cash when the rates were up

If you're poor you buy a used shitbox for $4-7k. You also don't buy a house until you really have it made because houses long term barely stay above inflation.

For everyone reading who isn't op, just watch the retardation flow. Basically this is all an elaborate cope to get out of being dumb with money. There will be increasingly elaborate excuses made up for why they can't be cheap.

And to be clear I'm not going to say you'll be rich being frugal, but you absolutely can escape wagie drudgery by bucking normies trends that keep people in debt and locked in.

>>58196715
youre the only person in this thread that types like that. did you even browse the thread before replying?

>>58196715
>but you absolutely can escape wagie drudgery by bucking normies trends that keep people in debt and locked in.
true but not when these fucking peasants keep wanting "free stuff" which makes the gap between the bottom 80 and top 20 even bigger. poor people are fucking annoying the government pretends to help them but actually makes them poorer. if poor people didnt have a voice and just stfu, everyone would be better.

>>58193455
Yet you are still a loser posting on this God forsaken board. Are you really better than anyone?

>>58196715
>> live frugally is boomer talk
>No it really is true though.

>>58196706
It's a guaranteed income that's solidly middle class. It's like saying you are a programmer. And also shows that I had to do about six years of very tough school vs whatever you did and much more work and certifications than my grandfather who was a restaurant manager, and my grandmother who was a part time schoolteacher after her kids went to school and still left 1.4M to their kids due to the magic of real estate asset appreciation

>>58196715
>If you're poor you buy a used shitbox for $4-7k. You also don't buy a house until you really have it made because houses long term barely stay above inflation.
Pay rent goyim, dont put any extra income you have against principle to beat loan amoritization, goyim. Fuck that is smoothbrain shit.
>used shitbox
If you arent smart enough to grasp buying a low depreciation Japanese car and running it for 10 years instead of a shitbox US can NGMI. A fucking used Civic is like $8K starting. I know you are talking about goyiron.

>>58196825
>It's a guaranteed income that's solidly middle class. I
but the bottom 80 and top 20 gap is widening each year.

>>58196825
>still left 1.4M to their kids due to the magic of real estate asset appreciation
but 1.4M cant even buy a house in a nice american city.

Just choose rich

>>58196882
Retard just kys

>>58196914
youre living in a dump if the real esate prices are less than 2 mill.

>>58196882
even the houses in some suburb outside the main city area is 2 mill.
reality is, if youre not in the top 20%, life aint that good. and the gap between the top 20 and bottom 80 is widening. How the fuck is a middle class going to afford living in a nice area? you do not want to live in an area where the real estate is cheap.

>>58196914
in vancouver, a normal nice house cost over 2 million. im sure the nice cities in usa is like that too. for example, in ontario, if you buy a cheap place like under 1.5 mill, you are definitely going to be living with people you dont want in your neighbourhood. you can look up on social media to see what people are buying those houses.

>>58196985
>you can look up on social media to see what people are buying those houses.
the type that work at tim hortons.

>>58195903
COCK

>>58196985
KYS canadatranny

>>58196985
KILL YOURSELF IMMEDIATELY

>>58197141
these are USD though. ok fine. lol.
and i have never heard of those place.

>>58197199
lmfao, wtf is this? those are shitty places. theres a reason its cheap.

>>58197199
who cares tho? how does this negate what i said? like 5 percent of people in usa can afford these. lol.

>>58197308
>youre living in a dump if the real esate prices are less than 2 mill.
Or
>you're living in a mansion on multiple acres where no one else can afford for less than 2 mill

Which is it

>>58197328
i have no clue lol. i just know most people are poor.

>>58196985
Of course an average brokie wager isnt gonna afford a single house in a top 10 city in yhe world where every international millionaire wants a house there.
You can get a nice single family home in alberta for 500-800k

>>58193437
Yep, that's exactly what happened with my boomer parents too, grandparents house was split into 3 siblings (including my mom).
I wasn't given a single penny. They had it ten times better in their time and don't realise they technically are millionnaires sitting on piles of money. But noooo, why would they brother give me even 1 grand out of their 200k inheritance?
Boomers are selfish by design. I'd give at least a quarter to help my children because I know having money in your prime is a fucking blessing. Good god I hate boomers like you wouldn't believe.

>>58197507
Its not your money you entitled chud, even they gave you the full 200k it still isnt yours because you didnt earn it

>>58197563
Implying they earned it kek

>>58197507
>>58193437

Ulitmately, this is the correct mentality - but it does come off as entitled and a foolish way to live. Yet, the boomers have no clue how much of a boost they could give their kids. Not even suggesting straight cash, just helping with down payments, unexpected costs. This money will either go to the government for their care or will be inflated to nothing by the time their kids see it.

It's a waste. And even if they know and understand that, most will choose to let it go to waste because they're conditioned to believe they should not give wealth to their children. It's insane. How did they come to that conclusion?

Who taught they word spoiled? We have to un-invent that for them first.

>>58197563
you dont need to earn money, u brokie.

>>58197507
>why would they brother give me even 1 grand out of their 200k inheritance?
why should they? attitude like this is why the rich hate the poor.

>>58197577
It doesnt matter if they didnt, the fact is they got it and your out here begging for givs.

>>58197607
Your right just go gamble on dogpoorocket coin

>>58197613
It's about helping family members you absolute giganigger, not redistributing wealth within a nation between brokies and billionaires.
I'm not broke anymore but I could have been less broke in my 20's, that's really just it. It would have been a drop in their sea of wealth and a massive boost for me. You actually sound like one of them, not questioning anything like a drone.

>>58197469
>You can get a nice single family home in alberta for 500-800k
can you? in Van or Tor, a 500k place and youre gonna be in a "dark" neighbourhood.

>>58197469
>>58197469
>in a "dark" neighbourhood.
you can use social media and see how shitty those area are. i mentioned how shitty it is and the replies i got were "ohh people having a community gathering is badddd."
Guess the race.
and they rent out their driveways for people to sleep on and they piss in the sideyard.

>>58197635
>not questioning anything like a drone.
question what? they dont have to help you. your attitude is stinky.

>>58197674
Because there is a generational gap of wealth. It's only fair to help out your children in this situation. Maybe that's too much to comprehend for your nigger brain though?

Damn, this one poster is really wallowing in gay, end is neigh self pity.
You are hopeless, and it's your fault

>>58193437
The world owes you nothing.

>>58193437
Youre keeping the wealth in the family. Thats how dynasties are built and how families are supposed to work. I used to have a house in Casa Grande its cheap down there.

>>58193437

>work on family farm my entire life
>grandfather used to teach me how to run machinery and take care of the land as a kid
>when I was 16 my grandmother passed away from cancer
>a year later, my grandfather had a stroke and wasn't all there to take care of the farm alone
>I left high school in my senior year to take care of him since family was talking about putting him in a home and selling the land to fund it
>worked on the farm whilst seeing all of my friends graduate and go to uni
>my grandfather had moments when he'd almost return to normal, on one of those days, he came out and sat beside me and told me he wanted me to take care of his land when he was to pass
>told me he was going to write me in as the main beneficiary of the land so I could farm it like he did and the men 6 generations back did
>grandfather had another stroke after that 4 year period of me caring for him, he passed away shortly after
>I earned nothing for my usual 12+ hour days except for the fact I could put groceries and basic living expenses on the farm account , so at 22 years old, I had almost no savings
>my aunts and uncles saw the revised will and took me to court, claiming my grandfather was not in sound mind to give me what he did
>I was expecting 1 quarter of land (worth 90k per quarter) out of the 8, he wrote me in for 4 instead
>so my father and aunts/uncles were to split the other half under the strict rule that they would never sell it
>courts ended up ruling in their favour, largely because I represented myself against $300/hr lawyers
>got rewarded a $30,000 inheritance pittance
>they collectively sold the farm a year later in 2011 for $720,000 and used that money to buy new homes and go on vacations
>a large corporation now owns the land, current appraisal value is $3.1 million, making it unattainable for me
>asked for help on buying a few acres for a home from my dad a few years ago and got told I should've invested my "30k from grandpa" better

>>58198218
your not entitled to that land, and if you thought you were you should've secured the will before your grandfather passed.

wealthy families don't just "give" money to their kids. they keep it invested in dividend funds and or fund their kids startups or businesses. giving cash is a one way street to bankruptcy

>>58197659
that goes the same for SF, LA, seattle, NYC.

Why do poor people feel the need to live in the highest CoL areas in the entire planet? Do they not understand that they are not just competing with local tech employees, but rather international business owners, heads of cartels, corrupt politicians.

>>58197763
Again. The shitty attitude.
>>58197763
>It's only fair to help out your children in this situation.
He doesnt think that cause maybe your grandpa didnt need help.

Fucking dumb young weak millenial and zoomer energy itt. Not everyone is meant to be rich.

>>58198464
These fucking young people see rich people and want to be rich without knowing the stats.

>>58198300
people like (((you))) are GOING to be gutted when nobody can eat. not mad or projecting, just an observation. like, you're obviously trolling but the comfy upper-middle class bureaucrat "I got mine" crowd (aka the bourgeois) are usually the first ones dragged out of their homes and brutally murdered.

>>58198475
there's a difference between "rich" and "enough to make a living". nobody earns enough to afford jack shit anymore.

>muh bootstraps

neck yourself.

>>58198761
>people like (((you))) are GOING to be gutted when nobody can eat. not mad or projecting, just an observation. like, you're obviously trolling but the comfy upper-middle class bureaucrat "I got mine" crowd (aka the bourgeois) are usually the first ones dragged out of their homes and brutally murdered.

I would agree if we were in the 1800s. Fortunately california texas and iowa export most of their crops and current production can easily feed the entirety of the united states. If things get bad enough, What will most likely happen is major fastfood brands like mcdonalds will get nationalized and distribute low quality slop food for free to those who can't afford it. This makes sure they don't starve, and makes them obese/low energy such that they don't cause a problem.

>>58193437
you need jesus in your life first anon

>>58194469
renter cope but whatever works for you. I like staying in one spot and watching developments happen all around me. I rented in an area before I realized that it was awesome and I didn't want to leave. Then I bought.

>much more free

That's a funny way of saying you don't mind being man handled by landlords everywhere you go. I will admit, not having to give a fuck about repairs is nice, but it also makes you lazy.

>>58194450
Being non-white is nothing to be proud of

>>58195238
Sorry I’m not into beastiality

>>58193437
i clicked my mouse and keyboard a couple times months ago and already have way more money than you.

>>58198218
That's fucking brutal. The money obviously sucks but to have the land sold like to some jackoff corporate farm gobbler. I don't know that I'd speak to my family after that. To be taken to court over a will you written into...boomers ruin absolutely everything.

I'm sure their new construction homes that will all have water damage in 20 years will have been worth it!

>>58193530
>scrimping and saving and trying to put as much money down on a house as possible to reduce his monthly payment on a 500k starter house in PHEONIX

literally retarded and not going to make it if you dont see how cringe this is you might need mental help

>>58198300
What about when people fucking die retard, you think I'm leaving you stuff and not my kids? Who is it that's entitled again?

>>58198761
That guy is right and people like you wont be allowed to eat meat because of your shitty attitude
He said "youre not entitled to that land" and that set you off. His granda doesnt feel like the grand kids are his problem. Too bad. The poors are a cancer. Your family doesnt have to help you just cause youre poor

>>58198761
Youre jealous cause youre not comfy amd rich. Youre a have not who seethes at the haves. Not everyone is supposed to be rich.

>>58196747
I make 45 USD /hr wfh I still post here. I am in Canada and have low CoL so the USD to CAD conversion is huge.

>>58202638
Hes also an engineer. Low CoL aka middle of nowhere>>58202638

>>58197469
You need a HHI of 178k to afford 800k home

>>58198300
>I am a living breathing person. I want you to have the things I earned in life after I pass
>UHMMMM ACTUALLY YOU'RE NOT REALLY ENTITLED TO ANYTHING THEY SAID YOU WERE

>>58202644
That is totally fine. The money I'm making is growing faster than the assets I'm going to need for proper retirement.

>>58202699
Its gay. Engineers always tell people theyre engineers.

>>58193437
Add their name to the deed of trust and promise them equity that is proportional to their contribution

>>58202756
Hes poor lmfao. What could he offer his parents lol

>>58202638
>make 45 USD /hr wfh I still post here.
This guys posts this in every thread lol. No salary 1 hour per week.

>>58193437
Yep OP, same situation here. Grandma even said that she wished it could be left eventually to me. Boomers sold it to split it a measly three ways. It was sold for a very similar figure as the home in your situation. No drama or arguing from me. Fair enough, it's ultimately theirs to decide.

That being said, guess where I will decide where those same Boomers will ultimately be going in a decade or two? Same place they sent Grandma. I'll make sure of it.

>>58203438
>That being said, guess where I will decide where those same Boomers will ultimately be going in a decade or two? Same place they sent Grandma. I'll make sure of
Lol. Youre mad cause you didnt get shit from your grandma? Lmfao.

>>58203479
I'm merely respecting their wishes as much as they respected her's :)

>>58203396
Wrong LOL

>>58203549
Whats wrong? Youre a dumb engineer?

>>58193437
confirmed boomer parents are a POS

>>58193437
She's looking at sasquatch dick, isn't she?

>>58203601
P p proof of S asquatch? Doing good on eth. Only solution to POS parents is to get a huge bag of POS.

>>58198218
The boomers deserve to rot until beaten to death by the niggers they love so much over their own flesh and blood.

>>58203832
Boomers dont owe u shit

>>58203863
Only thing Boomers will be owed is their Day of the Pillow from minimum wage, migrant Nursing Home workers haha

>>58203863
And I don’t owe them shit.
They still steal from me for their fucking social security that will still collapse long before I get that old.
Fuck the old bastards.

>>58204078
You sound mad and jelly boomers have more wealth than you. Thats all im hearing. Not everyone can be rich

>>58198218
your family are niggers that didnt give a shit about your grandfather when he was alive i feel bad for you anon. but you should have taken the court stuff more seriously instead of just going in with the hope things would work out over money. money has no feelings. you needed to stick up for yourself more when it counts or greed will always suck the good out of everything

>>58195524
Fucking kek

>>58198845
Everyone (who cooperates) will get a CBDC "UBI"(ration) card. Monero will be more illegal yet more useful than ever.

>>58205195
Do people actually think this how you get people declared mentally unfit?

>>58198218
Please for the love of God tell me this is a work of fiction. I genuinely hate boomers so fucking much. They sold their families into debt slavery for pennies to blood sucking vampires that are raping the nation.