/biz/ - Business & Finance

When did they invest?

>>914484
Is there a certain point to this threat other than bragging?

also
>mfw the only thing my parents ever invested in was booze.

>>914511
my parents invested 4500 euros a year on cigarettes yet they lived paycheck to paycheck for the last 20. borrowing money every 2 months from friends and family.

>>914518
Can you blame them? The idea of saving and investing reasonably isn't taught in schools. If they didn't smoke they would probably blow that money on something else.

To my mom the idea of saving does not make sense - she wants to "live now, not later".

>>914519
How can I not blame them?
I paid for my own university and lived in an attic with a sleeping bag a laptop and a heater for 3 years with no help from them.

And now I'm expected to pay for their medical bills when their lungs finally start giving out in a 3-5 years. Frankly I've worked too hard for this shit. I cringe at the idea of paying $60 for a steam game when I know how hard I worked for those $60. I can't imagine paying thousands for medical check ups and medication because they lived like this for so many years even though I constantly told them not to.

And yeah you're right they probably would've blown the money on something else... but hey they might've spent some of it on something that maintains value, not literally blowing 4500 euros a year into smoke.

>>914522
>I paid for my own university
How come? I thought you were a fellow eurofag.

>>914523
UK. By paid for my own uni I meant I went to uni and I paid for rent food and books working 2 jobs in the summer and a single job during semesters and studying inbetween making sandwiches. I took a loan for the tuition and I'm gonna pay for that for the next 20 years of my life.

>>914519
Its fucking common sense, theres really no need to teach that. If you dont figure stuff like that out for yourself learning about it in school is probably not gonna help.

>>914518
fucking this.
Ive seen my parents make money related decisions that are more than retarded.Theyre a grand total of 40k in the hole and they have no assets whatsoever and an annual income of around 23k. For example they took out a fucking loan to buy a new kitchen table while the old one was perfectly fine. and not just any 50 buck IKEA shit but literally the most expensive one they could find for around 2500€. Theyre also constantly "borrowing" money from friends and family. That really hurts to watch. My grandparents are really great people but they just cant say no so my dad keeps stealing from them.

But the worst part by far is the entitlement. That "The world owes me that" attitude and hurr durr capitalism is bad bc "they" (whoever "they" might be) are keeping "us" down. I cant wait to leave all that behind and break contact with those assholes.

Sorry for blogpost, just felt good to let that all out.

>>914527
m8 I feel for you.

My parents bought a new Samsung fridge when the old one was perfectly fine(and bigger for that matter) than the new one they bought, but this one was super fancy with a monitor on it to control the temperature and connect it to WIFI for some reason to see the weather.

They have made so many bad purchases holy shit where do I even start. They bought one of those bikes you can exercise on and they never used it. They would use it for 5 minutes and then stop and light up a cigarette.


They pay about $160 a month because they went overboard with a credit card and that money just goes away every month out of their paycheck in the wind until they pay like $2200 to the bank. That's been going on for about 16 months now so you do the math on how much money they lost. Anyway they have about $3-4k in gold that they don't want to sell for whatever reason, they tried arguing with me about it once and it all came down to
>i'm getting a raise soon and I'll be able to pay for that and not have to sell my gold

>>914531
I always wonder what theyre thinking. I have tried to ask them about it, i usually just get answers like "Thats none of your buisness" "You know nothing about that anyway so stay out of it" and my personal favorite "You lack life experience so im not gonna argue with you"

Its like they just dont think more than 3 days into the future. Loans are free money and you never have to pay them back r-right?

Man i cant wait to see what the rest of their miserable lives is gonna look like. When they retire theyll have nothing. They alienated their entire family. Theyll probably have to apply for welfare in their mid 60s. And theyll never ever pay their debts back.

Life is fair after all it seems.
Its all gonna be okay m8.

>>914518
I feel your pain my friend.
You learn to be a better parent

>>914527
My faggot father "borrowed" $40k of my savings for my startup seed money 2 years ago and I nearly ended up homeless.
Luckily my business picked up quickly!

>>914519
I started Investing in shares when I was 14 with no school influence at all

School won't do shit, it's up to the individual

>>914484
>tfw awesome father
>educated petroleum engineer but got his first CEO role as a 29 year-old and after that he's had 4 CEO positions in different multinational oil-and offshore companies (he's 56 now)
>tfw he started investing in my name when I was born
>tfw my net worth is in the tens of millions now and I'm only 18 years old ("only" $280k-ish of my net worth is liquid though)
>mfw

who /privileged/ here?

>>914518
why did they invest in cigarettes? I mean I am hearing this first time that people invest in cigarettes.

>>914624
I invest about $1000 a year in cigarettes.

>>914624
It's anon's frustrations calling it "investment" when they literally blew it up in thin air.

>>914568
Just wondering, has your dad completely spoiled you as a child?

>>914541

My mom is 55 years old, never worked a day for the past 10 years.

A some point my dad lost his job.
For 5 years we've lived on savings and the occasional small job my father could find, she still wouldn't even try and find a job for herself.

Motivation: "hurr durr I have to look after the house, you have no idea how hard that is"

>she was constantly an asshole to anyone

Like, she'd leave the fucking lights on in every fucking room of the house and after 1500th time I told her, she'd start bitching that I'm an asshole and whatnot.

>eventually my father got fed up with it and moved out
>is now living in a trailer and he seems happier than I've ever seen him in the past few years.

>I managed to get a job myself
>I got fed up with her myself and moved out too

>she got a small inheritance in the meantime
>blew half of it on stupid shit
>still isn't looking for a job and living on welfare and the remains of what she inherited

I'll never understand.

>>914568
> tfw terrible father
> sociopath, lawyer, murdered my mother and engineered the scene to get away with it
> smart aunt looks out for me, sues him in my name for wrongful death
> big settlement, 1.2 million total
> he later attempted suicide, died in prison
> lonely, constantly hurting inside, want to die, but rich aaite at investing
> tfw

But sure, I'm privileged.

Let's call this the "Social Capital" thread.

>>914671
Fucked up dude. But the only way to move on is literally to move on. Travel, find someone dude.

My parents were alcoholics and my mom owned a house which she lost to some moron probably frauding her. I had to move on. Just keep your head up and your eyes on the prize.

>>914484
I'm happy for you man, my own parents are immigrants who got caught like deer in the headlights in the new country. Literally went from living an upper middle class lifestyle to saving $0.10c on bananas when they buy groceries. Its was painful to watch and I went though a lot of shit (in honesty, not THAT much, could have been much worse) till I managed to graduate uni and get a professional job.

>>914568
Very inspirational. Gonna go work on my side project now.

>>914651
absolutely not and I'm forever fucking glad for it. He had me mowing our lawn at age 10 (not sure that's even legal since it has a gas engine but whatever).

When I was 13 I walked around town for 7 hours in the rain with a backpack filled with 100 copies of my laughable resume asking for a job, finally got the shittiest minimum wage job I could imagine as a cleaner at the fucking cinema. The things I've found in those toilets... man you wouldn't even believe.

when I was 16 I bought this old shitty used moped with money from the shit job I had, and I never got a single dime for gas

now that I'm a student I get a little bit of financial help (about $300 a month) to help me pay the bills.

But the thing was though, he never forced me to do it. He's just always told me that it builds character to be your own man and to have responsibilities, and that earning things on my own is one of the most valuable thing I'll ever learn. It wasn't that cool when I was 14 working that shit job but man I love the hell out of my dad for not raising me to be a weak chinned, spoiled little shit, because he easily could've.

>>914671
I'll cuddle with you for $500/hr

>>914484
What exactly are you trying to say OP, they trade on a Korean Exchange

>>914766
The best pussy you'll ever have will come from women who see a self made man. It's primordially wired in them to desire a man who is smart and taking care of himself. They can't resist the attraction. Become self made and don't fuck it up. And, be nice. Nice guys "finish last" because they are getting laid all the time.

>>914651
>>915015

My parents spoiled me as a child. I did a decent job in college to stop being a brat in social situations, but I'm still having a hard time learning to fend for myself. It's impossible to consistently wake up on time, I'm so used to sleeping in every day in a super comfortable bed.

I want to harden up. I started going to the gym and jogging everyday, even if I only go for a little. I've got a min wage job busing tables. How do I get better? Roosevelt did it.

>>915015
Haha good one my menorah carrying brother, that goyim gonna work his ass off like he actually believes you

>>915022
>everyday
How do you jog in the rain?

>>915022
What you need is full contact karate or if you really want hard-core, a boxing gym with nignogs on a ghetto boundary. That'll harden you up, fgt.

I did no contact karate, cause I didn't want to destroy my braincells, and it somewhat helps. Pussy shit though.

>>914568
Dads the primary owner of a national company. Millions in my name. I refuse to touch it. What the fuck is the point of living when it's so easy?

>>915022
You wanna harden up? Learn how to do your own laundry, do dishes, clean your residence and learn to cook. You little spoiled privileged faggot, I hate rich fags like you, mommy and daddy still wipe your ass and give you everything you want and your still on /biz/ being a faggot.

Try growing up in a house where you got locked in a closet and beat with a broom if you got a B on your math test.

That's okay tho, the prince who works for and earns his kingdom is more successful than the one who has it handed to him.

And because I'm from the ghetto not only will I be more successful that you, I could also beat your ass in a street fight, I could also have my goons to run up in your crib and steal all your father stocks, heck I'm so gangsta I could steal the whole stock market if I wanted. So keep bragging about all that daddy money you get Whitey, and I'll make sure me and my niggas pay a mothafuckin visit ta ya honkey ass crib bitch.

Check ya self befoe ya rekk ya self.

>>915060
give me then

>>915060

just fuck whores man.

>>915022

>>914624
They didn't literally invest in cigarettes, cutie. They bought the cigarettes and smoked them.

>>915139
i think you are mistaken, friend.

>>914766
>mfw almost same scenario
>father is latin american mother is swedish
>made a lot of money in the uk
>sent me to shit schools in which I did well, always good grades, and stood up for myself
>learnt about dealing weed with chavs and black mates
>came to chile
>shit school again, dealt with bigger fuckers, cool as shit
>start dealing weed, make a ton of money
>father catches me, tells me my mother will never know, took my money and placed it in a fund which paid my university

I think he respected me more after that, but in a weird way. Never done drugs, easy trade easy money.

>>915151

>>915207

>>915127
Not even bait

>>915079
Lol okay thanks for the advice. Good on ya for your confidence I guess. My parents were pretty ghetto, they decided not to treat me the way they were, but I kinda wish they did a little.

>>915025
Did you miss the word 'gym'?

>>915052
I'll probably do that, thx.

>>914635
I pretend I smoke and put $10 a day in a box. Fucking great way to save

>>914484
My mother sold our childhood home for 130k $. Then she travelled to Turkey where some young boy toy fooled her to "invest" all of her money and disappeared.

My little sister sent 2,5 k to an "african prince"

My father is an alcholic.

At least I got an proper education and am starting to do well in life. Still pity them, though not gonna give em anything if they come begging.