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/biz/ - Business & Finance

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1149823 No.1149823 [Reply] [Original]

You have 10 seconds to reply with the most important financial lesson you have learned in your life.

>> No.1149830

buy low, sell high

>> No.1149854

Buy the dip, shill eth

>> No.1149857

>>1149823
Dont listen to experts, there are no experts.

>> No.1149858

>>1149823
If it smells like mould, the turnips are too old.

>> No.1149862

Greed is good

>> No.1149871

buy high sell low

>> No.1149881

When I got my first job at 18, my Great-Grandma told me to save what I spend. If I want to buy a new video game, I should put $60 in savings as well. It obviously doesn't hold the same merit with larger purchases, but I'm 22 now and have $32K in savings from following said advice and also saving in general. Compared to my peers that don't have shit but student loan debt, I feel successful.

>> No.1149889

>>1149823
A dollar now is worth more than a dollar tomorrow.

>> No.1149902

>>1149823
Never make fun of the ugliest woman in the office because the CEO is probably fucking her.

>> No.1149929

suck dicks

>> No.1149950

>>1149929
For free?

>> No.1149969

If you don't have $2M net worth by age 26, you've already lost the game of life and it's time to kill yourself

>> No.1149973

>>1149823
Spend your money on what you want.

>> No.1149980

>>1149823
Probably the most usefull thing is that I realised the market is always centered around people, and mistakes come down to people 99% of the time.

Seems pretty simple but people forget it a lot in my line of work. Including me.

>> No.1149992

>>1149881
>>1149969
>tfw my family has taken every penny I have ever made
my Dad hasn't worked for 6 months

>> No.1149993

Best advice is to max out your roth IRA contributions each year.

>> No.1149995

Don't
Get
Married

>> No.1149997

>>1149992
And you just let them?

Are you a beta cuck?

>> No.1149999

>>1149997
It's easier said than done.

>> No.1150023

>>1149823
There is no reason interest should exist. It is one of the major contributors to many mass market failures. Payment for taking on risk only amplifies it, which will result in everyone being worse off.

>> No.1150025

>>1149995
>tfw married a chick who makes twice as much dosh

>> No.1150027

Pay off debts with highest interest first.

>> No.1150028

>>1150025
Enjoy getting cucked poorfag

>> No.1150034

>>1150028
>implying it's less likely to get cucked while you spend all the time trying to earn more money

>> No.1150040

>>1150023
t. Karl Marx

Why should i lend you Money when i dont get something back?
Of course there are ways, but they are mostly inefficient and therefore more expensiv than a interest rate.

>> No.1150045

>>1149823
It was when I was hiking through a mountainous region in Northern China, we got lost in freezing temperatures eventually stumbling upon an small farm where a family housed us for the night...I will never forget the advice the old farmer gave me that night:

2016年的時間到買以太坊吧

>> No.1150048

>>1150045
fucking lol

>> No.1150068

Frugality is the key to wealth

>> No.1150073

>>1149823
step out in time, cut your loss - if there's a drop you can always step back in lower.

>> No.1150075

>>1149823
do your homework

>> No.1150079

Buy high, sell drunk. And never the other way around.

>> No.1150093

Don't rent to the underclass. Particularly Blacks.

>> No.1150094

>>1149854
this

buy the dip familia

>> No.1150104

>>1149823
Be born wealthy.

>> No.1150107

delivery and cocaine are massive wastes of money

>> No.1150111

You don't get what you deserve, you get what you negotiate.

>> No.1150114

>>1150068
why does every billionaire own planes and large houses?

>> No.1150180

Don't squander money. Be stingy.

>> No.1150198

>>1149969
I agree with this statement.

>> No.1150203

>>1150114
They are paid for by income generated from assets. Rich people buy what they can afford.

>> No.1150211

dont eat the marshmellow

>> No.1150238

>>1149999
kek

>> No.1150243

Buy low sell high

>> No.1150297

>>1149823
Holding down a job means pulling in money constantly.

>> No.1150303

never lend money to friends

>> No.1150338

Buy and hold index funds.

>> No.1150343

>>1149973
>Spend your money on what you want.
OP was asking for financial lessons, you illiterate peasant.

>> No.1150358

>>1149823
with jews you lose

>> No.1150370

Never get into any kind of debt.

>> No.1150378

>>1149823
Let your money rot in a bank till it grows.

>> No.1150382

>>1149823
Don't re mortgage to buy bitcoin.

>> No.1150383

flippity floppity floop

>> No.1150385

>>1150370

this. only this!!!

>> No.1150491

Invest early and consistently in index funds.

>> No.1150501

>>1150111

10/10

Will use someday

>> No.1150509

>>1150491
this is a great idea if you want to make 10% total in 20 years. fuck outta here

>> No.1150540

>>1150509
I hate iHaz so I don't even want to post this and be seen in any way agreeing with that faggot but
>what is compound interest?

>> No.1150550

Best /biz/ thread in months.

>> No.1150562

>>1149823
Money makes money.

>> No.1150612

>>1149823
Compounding interest is the best fucking thing on planet earth.

>> No.1150621

>>1149871
Sell low get high

>> No.1150629

>>1150111
This

>> No.1150633

>>1150370


Pls dave ramsey

>> No.1150637

>>1149823

Hard work is wasted on bad opportunities. Hard work on good opportunities will make you wealthy.

>> No.1150638

>>1149823
MO money mo problems.

Shits true, more money you have the more you have to watch out for cucks and sanders Sodomites.

>> No.1150642

>>1150540
Kek, that faggot does post a few good things every now and then. Too bad he's such an autist cunt he comes off as unlikeable even through text.

>> No.1150643

>>1150540
>what is compound interest?
a beautiful thing that still cant save index funds from being low tier investments. if you want to understand what im talking about, dig around a bit and find the average returns of people invested in index funds for 10, 15, 20, 25 and 30 years. remember to adjust for fees and inflation. then you look up how index funds are structured, you should be able to find this at the website of the fund providers. then you add this together and see if you still like them.

>> No.1150647

>>1150025
>2 * 0 = 0

>> No.1150652

>>1150643
Was just disagreeing that index funds will only give a 10% ROI over 20 years (although I know you were probably exaggerating). Its obvious they cany compete with some other forms of investment but they are a safe, low risk way of storing value and making returns.

>> No.1150665

If you've got $10,000 to invest and you own a business then invest that $10k into growing your business. If you put into risky investments you don't control then you'll be quite lucky to get a $1k profit (and if you invest in something shitty like eth then you'll lose it all). If you invest it into your business then, provided you're smart, it'll yield far more than that.

>> No.1150672

>>1149823
Women are depreciation assets

>> No.1150687

>>1149993
How do you know? Have you retired?

>> No.1150688

>>1150665

Why wouldnt you diversify?

What if your business takes a shit or the economy shifts?

Being 100% invested in anything is not good.

> ITT poor people giving other people advice on how to get rich.

>> No.1150704

Always be closing

>> No.1150732

>>1150688
diversification is for losers

mark cuban told me so

>> No.1150748

>>1149823
Hi OP,

Ive built about 200k in savings in the past 4 years, starting from about 3k. I did it mostly by holding a job and, you guessed it , saving and investing.

I read somewhere around 6 years ago that i should pay myself first. So i put 50percent of my salary to savings and at least 20perxent to investments. Voila.

>> No.1150770

dont jew

>> No.1150772

>>1150107
like food delivery?

If so, I agree. I've learned this recently... I live in a building that's half hotel, so I can get room service 24hrs. It's nice, for sure, but dropping $20 on a ham & cheese sandwich every night is probably my biggest daily expense.

>>1150303
This, especially if you are a young man and making it financially... you are bound to have some friends who work minimum wage and need that $200 for their security deposit, or that $500 for their rent because they lost a roommate. Give it to them, and they use the fact that you're friends to delay recompensation. Try saying "no" just to see how they react. If they freak out and cease being friendly with you, then you know that they weren't really your friend. If you say "yes" and they never pay you back, then you've learned the important lesson that you shouldn't lend friends money.

My advice: get friends who won't ask you for anything, just as you ask them for nothing-- except for maybe intangibles, like a listening ear or something.

>>1150704
I like this.

>> No.1150780

>>1150772

When you hang out with quality friends that arent niggers, they dont ask you for money.

>> No.1150782

fuck bitches, get money

>> No.1150796
File: 31 KB, 400x267, roulette.jpg [View same] [iqdb] [saucenao] [google]
1150796

Remain objective

Human nature can still creep up on you even if you're an emotionless autist, you have to stay rooted in reality and always have some kind of objective justification for whatever you do. For example if you are tempted to buy the dip you need to think about what other kinds of investors there are, how many are speculating and how many are long term or institutional investors. Rather than looking at the price 2 years ago and saying "that's the floor", you need to look at what was happening at the time, the prospects for growth, what made it dip back then, what has changed since then, all without any confirmation bias. You will still make mistakes, but by doing this you set yourself on course away from mere gambling.

>> No.1150811

>>1150770
you cant jew a jew especially when they give you their book for free

>> No.1150820

>>1149823
don't stick your dick in crazy

>> No.1150828

1/ You can't get something for nothing -aka there is no such thing as a free lunch.
2/ What's in it for me? The more a man invests in that question, the more successful he becomes.
3/ LEVERAGE. Always have something someone wants or know something you shouldn't or have the authority to exchange some desired stuff for another. This is why people gossip.

This holds true in business, love, friendships and even family.

Your male friends value a guy who knows hot chicks and invite them to parties they don't know about.
Your boss values an employee who can shut up about a fuck up or can spot his mistakes and make him look good to an even higher up.
Your colleagues value someone who has a network or can cover up for them in the everyday grind.
"That girl" will value subtle social status and being able to be shown a good time. She treasures showing off a man.
That holds equally true for your father and mother; they love to show off their children.
Your siblings will value someone who always trickle some of the success down their way and avoids making them ashamed of their own lack of ambitions.

>> No.1150836

Spend less money than you make

Easiest lesson there is

>> No.1150916

>>1150811
who

>> No.1151013

In an office setting make friends with the people nobody likes.
They'll be willing to do alot for you unless their just bitter assholes because you're they only person who cares.

>> No.1151026

>>1150045
Nice.

>> No.1151159

>>1149823
Max 401k and Roth IRA every year.
Save until it hurts
Use low cost index funds like vtsax/vti

>> No.1151184

>>1151013
I know this is shit advice because you don't know how to spell "a lot"

>> No.1151194

Just cause you can buy it doesn't mean you can afford it

>> No.1151216

>>1149823
Buy credit cards that don't report to your credit rating and use them as spare cash to invest with.

>> No.1151217
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1151217

don't listen to /biz/

>> No.1151220

>>1150820
Why not ?

>> No.1151233

>>1149823
Dont hesitate to insider trade. Literally everyone does it.

>> No.1151234

Buy ethereum.

That took 3 seconds

>> No.1151236

>>1151217
Always do the opposite of what /biz/ says.

>buy ETH = dump ETH
>dump ETH = buy ETH
>buy SYS = dump SYS
>dump SYS = buy SYS
etc.

>> No.1151250

>>1151234
>ethereum

Are there decent cashing out. I dont want another bitcoin where I buy $1000 and once its worth double that I cant sell it to no one.

>> No.1151254

>>1151250
cashing out options*

>> No.1151301

>>1149823
Rule #1
Dont fuck this up!

>> No.1151305

When she says she costs $50 just pay the damn woman

>> No.1151341

Only keep 10% of your net income for fun, save or invest the rest.

>> No.1151352

>>1149969
I'm 26 and my net worth is 120K, without free money from your relatives 2 million is impossible. Hell without paying any bills or eating the ever age wage in the US is only $320K over 8 years.

>> No.1151355

>>1150093
I'm a landlord, my black tenants give me less trouble than the white ones, blacks know how to listen to white men. Whites are too fucking upitty

>> No.1151465

don't be born poor and to a single mother.

>> No.1151470

>>1151465
>justin bieber

>> No.1151471

>>1151470
not everyone has a voice suited for singing.

i don't know if justin beiber suffered abuse or other things associated with single mother poverty.

>> No.1151473

>>1151470
and not everyone is attractive.

basically the most important lessons are:
don't be born poor to a single mother
don't be born ugly
don't be born with shit genetics

all of these sabotage your success in most cases

>> No.1151674

>>1151473
True enough but not very helpful advice. R9k?

>> No.1151738

>>1150303
This is so fucking true. Still waiting for the first payment on a $6,000 loan made in 2006.

>> No.1151741
File: 167 KB, 500x481, 3636351272_bbfd1ceaa4.jpg [View same] [iqdb] [saucenao] [google]
1151741

"Don't let your money get mad..."

Jerry Jones, a billionaire and owner of the Dallas Cowboys, said that about using money to prove a point.

>> No.1151793

don't sell a stock unless you have GOOD REASON TO BELIEVE it will drop
i could have made so much off of Tesla

>> No.1151870

>>1149823
Women are a fucking liability.

>> No.1151997

>>1149823
when it comes to buying shit: You don't NEED it.

My dad once got a cabin for 6k that was listed at 55k simply because he didn't budge off his 5k offer. The people needed the money and my dad didn't need the cabin, he even told them he doesn't need the cabin but if you want to sell it im willing to buy at 5k.
That cabin is worth close to 200k today.

>> No.1152050

>>1150045
kek. buy ETH

>> No.1152269

Sell yourself, get money. And jizz.

>> No.1152283

>>1149823
If it looks too good to be true, it is. More detailed and finance-related: there are no investments that at the same time involve little risk, big payoff and little knowledge or work required. Probably a trivial one, but lots of people don't understand it.

>> No.1152299

>>1149992
I was in the same boat for a long long time eventually my parents fell into some money and threw me out on the street you need to start hiding cash and buy a place of your own then one day on your way home from work just go to your new place and never look back bc ppl like that will never change or be there for you when you need them

>> No.1152363

>>1150828
This may be the best advice on the whole board. This guy understands that money is a form of power. Don't get rich to buy crap. Get rich because it makes you better. Get rich because it allows you to help the people in your life when they come into times of need. Your benevolence during their rough times (gifts not loans) pay out big in the future in ways that you never could have imagined.

>> No.1152424
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1152424

Stop browsing r9k

>> No.1152687

>>1151341
always invest 90% of your income so you can be rich

>> No.1152753

>>1150828
love this post desu

>> No.1152781

bollinger bands are bullshit

>> No.1152789

>>1150023
*compound interest.

If I fall behind why does the lenders initial principle get to keep on churning dollars off of me, well beyond the life of the loan and possibly into my ruins. Doesn't seem logical even when lender has gotten principle in return and payment or cost added onto it (interest)

>> No.1152794

>>1150027
My student loans are in groupings - each grouping being a particular loan that i have. Have had to hound them and write multiple checks with Exclamation points alll over it to appropriate funds to thos 6.8% groupings. They don't like this.

>> No.1152823

>>1149823
Don't go in debt, no one can steal your knowledge, give 10% back to the community, save at least 30%, live frugally, eat lentil beans, take care of your health.

>> No.1152849
File: 2.18 MB, 472x360, 1399570653151Jews n Matzos.gif [View same] [iqdb] [saucenao] [google]
1152849

>>1150211
this guy gets it

>> No.1152869

>>1149823
don't gamble

>> No.1152870

>>1152869 here again
you can 'gamble' on starting a business or whatever but what i mean to say is no casino gambling or the like

>> No.1152887

>>1152823
>give 10% back to the community

don't fall for the charity meme. 90% of that shit goes to the directors

>> No.1153132
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1153132

>>1149823
>give 10% back to the community

>> No.1153134

>>1151473
>basically the most important lessons are:
>don't be born poor to a single mother
>don't be born ugly
>don't be born with shit genetics

Ok, Bernie Sanders. We all know you have an external locus of control, you don't have to keep reminding us.

>> No.1153200

buy high sell low

>> No.1153253

dont buy 1 if you cant buy 3

>> No.1153272

Plan your trade, trade your plan. Never turn a trade into a "position" because it didn't work out how you wanted.

>> No.1153289

Don't buy shit with money you don't have (credit) to impress people that don't really like you ("friends").

Save your money for a rainy day. It's nice having something break and going oh, well I guess I have to pull $500 from my savings account to get a new washer or something.

>> No.1153299

dont forget to pay your internet bills

t. poor fag

>> No.1153307

When you are about to commit to a deal that has high promise but equally high risk, the first thing you should figure out is "how do I get out of this deal if it goes bad?"

Seriously......figure out an escape route as the first part of considering any new venture.

>> No.1153337

>>1151355
Bullshit, I lived in a voucher complex. They've got cops called on em twice, destroyed their unit, still allowed to lived there cause slumlord still getting their govt. rent check and they sold pot openly.

Couldn't get out of there fast enough.

They prob give you less jive up front because they are practicing illegal activities and just want to live tax free, can't blame em.

>> No.1153341

>>1152887
In today's fraudulent enterprises, yes. Goodwill's CEO...Wounded Warriors project not helping vets long term and employees walking out. Clinton charities, need I say more.

>> No.1153342
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1153342

>>1149823
Don't leave all your money in the house when your wife is getting fucked by a group of niggers

>> No.1153353

>>1150370
There's nothing wrong with financing purchases, unless you're retarded and spend more than you can afford to pay back.

>> No.1153360

>>1151465
That's me. And I was home educated too, which socially stunted me for a long time. Fortunately I taught myself programming and turned out to be good at it, with happy freelance clients. So there's a decent chance I'll get out of it, but if I do, I'll have beat the odds. If it weren't for this particular skill, I think I'd be completely fucked.

>> No.1153361

dont trust anyone ever

>> No.1153368

>>1153360
which program languages are most profitable for freelancing atm at what do you think it will happen in next 5 years? thx or the opinion

>> No.1153377
File: 177 KB, 750x500, heated-chip-dip-tray-1[1].jpg [View same] [iqdb] [saucenao] [google]
1153377

I've learned to invest all of my money in a chip heater, and because of it I'm now rich.

>> No.1153385

>>1153368
Programming languages aren't like natural languages, where they're very different and you have to choose exactly one to specialise in. On the contrary, there are only a few basic types of programming language, and once you've learned a few you'll have no issue picking up others.

I.E, a Java programmer will have no problem picking up C#, and a Python programmer can learn Ruby as they go easily enough.

The most important thing is that you're flexible and learn fast. For one client alone, I've delivered projects in C++, PHP, Javascript (Node), browser JS (+HTML5+CSS3), and Java.

For the Java project, I had almost no experience at all in the language; but I explained to him that it was very similar to languages I did know and I was confident I wouldn't have any issue picking it up. He trusted me since the other projects went well, I got the job, and it went great. And now I can list a completed Java project on my CV.

So the most profitable language is the one the client wants to you to use (or whatever you want if they don't care, and they often don't). The trendiest ones are still Ruby (on Rails) and Javascript (server side/Node), but don't worry about it.

If you're new to programming, I suggest learning Python to start with. Mostly just because of the obscene quantity of learning materials available, and how widely used it is.

>> No.1153395

>>1149889
A bird in the hand is only worth more than two in the bush if the chances of catching each bird in the bush is >%50

>> No.1153398

>>1151352
I mean, it's not impossible.

You would have to sell a self-started business for 7 figures, or inherit the money. The poster above likely inherited.

>> No.1153402

>>1149857
>Dont listen to experts, there are no experts.

This. Everyone is pretending. The personal financial advisory industry is just as phone as the wine tasting industry.

Index funds. Buy and hold. Don't pay retarded fees.

>> No.1153831

>>1153385
How did you begin making money with your skills? Did you get a degree in computer science or something similar?

At what point do I know I am competent enough to sell my work? How do I find clients? Which languages are most in-demand by clients?

Sorry for the interrogation. I'm very interested in this, and you seem like a credible source of information.

I have limited experience with Java, Python, and C++ but I haven't made any large projects.

>> No.1153835

buy things which you will use a lot.
dont spend too much time on using something just because you bought it.
get rid of the things which cause you harm, distraction, cost space, time, etc.
dont waste anyones time, dont let anyone waste your time.

>> No.1153865

>>1150370
Wrong

>> No.1153866

>>1151217
>watch his third lecture
>people still ask retarded questions
>he click a link with a screamer that blows his speakers up
Its a tragicomedy

>> No.1153871

>>1150297
Your life must be full of some seriously unimportant shit, you fucking moron.

>> No.1153872

>>1150828
Damn, great advice

>> No.1153875

>>1151250
And that my friend is why you never invest in anything that doesn't have sufficient market tools

>> No.1153880

>>1153353
>>1153865

No.
Debt is the devil.
Financing for the sake of financing is stupid. It's poor man millenial thinking. 'I'll have it today and only have to pay back 130% lolololol great deal hur hur hur' Wake the fuck up.

>> No.1153891

>>1150107
Delivery is worth a shitton of money. It employs me just fine, as well as a couple of hundred other people just in one location. Something like a million pounds a month currently.

>> No.1153941

Not at all. What if you make 100k a year and take out a loan to purchase a property for 1mil? Say the property adds 50k to your yearly income after mortgage and operating costs. You don't need to have the money to buy it up front, but you pay a fee (the interest) to be able to buy it now.

You're the one with the poor man thinking. You'll find it difficult or impossible to purchase assets like businesses or property without taking on debt.

>> No.1153943

>>1153880
>>1153941
Forgot to link

>> No.1154192

>>1149823
Don't spend more money than what you make monthly

>> No.1154196

>>1153941
He's probably referring to retards living on $25k a year that finance $30k vehicles and buy retarded rent-to-own furniture.

I would only ever take a loan as an investment.

>> No.1154205

Wealth is won offensively, not defensively.


MJ DeMarco

>> No.1154216
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1154216

>>1149823
do as you oughta'
add acid to watah'

>> No.1154218

>>1149823
Spend your money to buy assets, not liabilities.

>> No.1154220

>>1149823

Don't take advice from /biz/

>> No.1154230

>>1153402
>posts all that
>then posts the long only meme
>something co firmed by a few cherrypicked statistic with massive holes in them

May as well learn something like teal eatate then

>> No.1154306

>>1153880
>I'll have it today and only have to pay back 130%
Are you aware that many credit cards with 0% promotional purchase rates and no periodic fees exist?

Are you aware that these promotional rates generally last for years from opening the card?

Are you aware that there is nothing stopping you from getting a new one as soon each promotional period does run out?

>> No.1154728

Wealth = assets growing faster than liabilities.

>> No.1154800

>>1149823
Live debt-free

>> No.1154834

>>1149823
Spend less than your income.

>> No.1154910 [DELETED] 

>>1149823
Don't buy new-gen graphics cards at launch, instead buy previous gen when they come out and repeat next gen.

>> No.1154913

>>1149969
I'm 22 and worth about $5k in things mom paid for. So I suppose I can't count that. Bought games with my welfare over the years, but is that really my money? Never had a job.

>> No.1154940

>>1150704
Came here to post this.

>> No.1154953

>>1154728
:D

Assets include liabilities

Assets=Equity+Liability

>> No.1154963

Buy a house.

>bought one house at just about the worst possible time in 2007, am now back above the breakeven point in value but I've been renting it out the last three years for about 25% more than the mortgage payment

>bought a second house in 2013 and have since doubled my equity

I could have been paying rent that whole time and have spent around 85k with absolutely nothing to show for it.

>> No.1154975

>>1150772
It's quite pathetic to not lend money to friends. There is more in life than just money, real friends are one of these things.
Lending money to friends is the best bit yet expensive way to realize, who is a frind for life and who of these friends may be a partner in business some time.

I would correct the sentence to: lend only money to friends, you would be willing to give as a gift.

>> No.1154976

>>1154913
>but is that really my money?

yes you earned it by being pathetic

>> No.1155081

>>1153385
Hey, fellow freelancer here.
Drop me an email if you have the time, I have some questions and I'd love to discuss.
ppjoydev@gmail.com
cya

>> No.1155084

>>1150303
>never lend money to friends
I'll typically lend $100 (no more) to a friend who's never asked before.

If they pay me back without me having to hound them - great, I've learned that they're at least a bit trustworthy. If I never see the money again or I have to badger them weekly to get it back, then I paid $100 to learn that this particular friend can't be trusted with important things. Pretty cheap price to learn that kind of info imo desu onii-senpai

>> No.1155142

>>1155081
Okay, sent.

>> No.1155255

Good debt can make you wealthy.

>> No.1155910

Greed is not bad.

>> No.1155937

'it is easier to increase your income by 10X, than 10%'
Paul Mckenna

He elaborates -
In terms of mental energy, opportunity cost, available time, etc people waste effort on competing for promotions, professional career development, certifications, impressing the boss, asking for a raise, etc

Your boss may give you a 10% raise after a a couple years, but it's a narrow road to the top, and he will be very unlikely to pay you 10x, even on commission you are limited in what you can achieve.

Focusing on the 10x number changes your mindset, so that massive changes become obvious - you must change habits, work for yourself, set your own price, build networks, hire or share wealth with others, build a different skillset, business, assets, investments, etc
It's not simply a different ballpark, it's a whole new sport.

>> No.1155939

patience.

>> No.1155954

If you get laid off from work and you have debt you are paying, do not pay off all the debt you can, only pay the minimum until you find another job. This helps to buy time for you as you have more money on hand longer.

Financial advisor retards will tell you the opposite and will also tell you to find a new job as quickly as possible. With more money and time on your hands you can take a little more time and find a better job.

>> No.1155967

>>1154953
On a balance sheet. A paid off machine is not a liability. His statement is true.

>> No.1156046
File: 143 KB, 800x820, 4f170bd033ea48f876d05fb981071011d6082920bf1332a129b888296c3ed2d0_1.jpg [View same] [iqdb] [saucenao] [google]
1156046

>>1150034
Fucking lol. This. If somebody is going to cuck and fuck you in life, it may as well be a girl you get to fuck back rather than your employer. I married for stability and peace of mind. My girl can make more than me, fuck behind my back, and generally I don't ask anything. However, I'll do the same. It's a fair arrangement. If I ever get financially jacked, I'll divorce and goto Thailand. Life is full of options my dear boys.

>> No.1156047

Saving Money is more important than anything

>> No.1156053

>>1156047
does it say that in the torah

>> No.1156057

>>1151220
Ask George Soros about his gf who threw a lamp at him.

>> No.1156066

>>1151471
Well anon, that's actually not true. I'm actually an assistant to a vocal coach and I've seen some amazing transformations. We have students that went from sounding like a drowning camel to being very good vocalists. Obviously this takes time but it's definitely possible. I could name dozens of pop stars who have horrible tones that still make money. The fact of the matter is, bieber practiced is ass off as a kid and was marketed perfectly. I'm not a fan at all but we could all learn a lesson from the little fucker. Learn to sell what you have, and if you have nothing? Time to invest.

>> No.1156069

>>1154963
>I could have been paying rent that whole time and have spent around 85k with absolutely nothing to show for it.
You could have had it in the stock market and made triple your equity. But you want a "lifestyle".

>> No.1156075

only date a girl who goes dutch 100% of the time

>> No.1156085

>>1156069
>$SPY is only up 45% since the beginning of 07

I think the guy is doing pretty good for himself. Plus he's about to get his 2nd mortgage paid off for him as well.

>> No.1156086

>>1149823
Limit your debt, compound interest kills you.

>> No.1156149

>>1155081
>>1155142
I don't mean to bother either of you, but would you guys be willing to answer some questions of mine?

I'm interested in getting into freelancing, but I know practically nothing. I could research more (and will) but I'd also like some insight from people who know what they're doing.

If you want to chat, drop me an email.

>> No.1156178

>>1149995

I see this shit all the time. Here's the deal fellas:

There's "liking someone a whole lot" and "loving someone" If you love someone, marry them. If you just like them, then have your fun, then cut the bridge. Way too many people settle and marry someone they only "like". The result is divorce.

>> No.1156181

>>1150111

Well said

>> No.1156193

>>1156149
Sure! The email field no longer works here. If you post an email, I'll send you a request to reply (but don't expect it until tomorrow, late here)

>> No.1156217

>>1156193
Alright, thanks. It's getting late here as well, truth be told

I'll be looking forward to your email in the morning

throwaway13467@gmail.com

>> No.1156713

>>1151997
LOL, this reminds me of a few things and got me thinking.
A friend of mine bought a car for £1k.
He spent a bit on it.
Two years later he sold it to me for £50.
I have spent more on a pushbike.
The funny thing is, I didn't need it or even want it.
Nothing to do with the car, just that I knew fuck all about cars, had never driven one, taken lessons, or got a licence, etc
He just wanted rid of it and was sick of the expense, he wanted to buy a better one but having to tax and insure it, maintain it, then clean it up, the time and effort to sell it, arrange viewings, etc just seemed like hassle to him, but he also hated the idea of some wiley car dealer giving him chump change and making a fat profit.

He kept offering it to me, because his other friends were NEETS and poorfags whereas I had income, and he knew I wouldn't play games with him, I would just say yes or no.
But he would have sold to anyone who made a quick sale, sold as seen.
He offered to me at £250.
I said no, I don't want a car, and he could get more than that for it.
A week later, he offered it for £200.
I said no.
This went on for about a month...
£150?
No, I don't need it OR want it.
£100?
NO..FFS...and you could get way more easily.
We were drinking one day, and he decided he couldn't take it anymore, he wanted rid of it and said 'OK, final offer, give me £50 and I'll give you keys and documents right now.'
I couldn't resist.
I bought it, and drove it around all summer,
With no licence, insurance, or tax.
Until I crashed it and dumped it (my excuse is, I was stoned at the time)
Fuck it, I got way more than £50 worth of shits and giggles out of it,
And I cut my losses.

>> No.1156754

>>1153385
So, what happens when machine learning means computers can programme other computers, or themselves?

>> No.1156776

You can't trust anyone 100% with your finances. All it takes is one bad day and they could betray you.

>> No.1156777

Diversify

>> No.1156790

>>1155937
Lesson I learned recently. great post!

>> No.1156806

>>1149823
Fuck morals, be an asshole, thats how you make money

>> No.1156829

>>1156754
This will not happen for quite some time though.

And when it happens, there's going to be new types of jobs.

>> No.1156832

>>1149969
>99.5% of world populationcommits suicide
>society collapses, your money is now worthless

worth it

>> No.1156959

>>1152794
where did you get your student loans from?
federal loans it's very easy to prepay on specific loans online using your bank account electronically.

>> No.1157111

>>1149969
>Didn't even earn it himself
>Telling other people they've lost

Enjoy your no-gains in the future because you grew up an entitled little shit

>> No.1157132
File: 172 KB, 400x300, 1384991295393.png [View same] [iqdb] [saucenao] [google]
1157132

fuck everyone, sell the fuck out

>> No.1158265

>>1156754
You clearly have no idea what the current limitations of machine learning are. Or the amount of people interaction required for a good programming job. Programmers don't actually spend their time programming features. It's in communication, figuring out fudged requirements and actually quite importantly testing. There's an art to testing and creativity required. And tools can only help with that, not rob your job. If you can be replaced, you're in a shitty job, most likely in web dev that deserves to be replaced.

>> No.1159150

Wealth is created

>> No.1159152

>>1149999
Quads of terrible predicaments.
I feel for you.
My mom threatened to sell to the house and put my 71 year old dad in an old folks home. So now she's moving out and I have to become to sole breadwinner of the house or lose everything.

>> No.1159479

Currency exchange risk is not negligible.
The amount of currency exchange fluctation these past couple of years is insane, I've lost a fortune investing in companies dealing in the wrong currency.

>> No.1159575

>>1149823
Anyone with more money than you deserves whatever you can get away with.

>> No.1159605

>>1149969
>tfw just turned 25
>tfw just decided to start learning about business and finance after years of grueling manual labor

I've been reading Investopedia to understand the basics, but I have no idea if I'm going about it the right way.
Any resources you guys would suggest to a noob?

>> No.1159615

>>1149823
Poor people have the 'onlys'. Just listen to them, everything is only this much more or only that expensive. The hallmark of someone who is sitting on tons of debt.

Related to this, the it is such a great deal, it is ON SALE. If it is on sale today, it will be again and for less. If you think you really need it wait, I am betting the next time it is on sale you probably won't fall for it.

>> No.1159642

>>1149995
>tfw wife has 100k+ federal job
>tfw saved 15k in taxes since marriage while she was in school
>tfw her father's paid off condo is in her name

don't marry some skank you faggot and it's better than being single. maybe if you were halfway decent in any regard you could find someone too

>> No.1159679

>>1149823

Manipulate your credit score as leverage and treat most things as cash-only purchases.

I know that it seemes obvious, but my parents were the type of people that lived beyond they're means, so it's one of the most prominent financial thoughts I have.

>> No.1159714

>>1151159

Underrated

>> No.1159731 [DELETED] 

>>1149999
Haha I know. Working since 18 and not a single dime was saved. It when down the rent, food, medicines, bills... Ten years later I regret not flying the fuck away when I got my first job. tfw you know your life is shit and youth is all gone.

>> No.1159733

>>1149999
Haha I know. Working since 18 and not a single dime was saved. It went down the rent, food, medicines, bills... Ten years later I regret not flying the fuck away when I got my first job. tfw you know your life is shit and youth is all gone.

>> No.1159734

>>1149823
vlad and vitalik have both admitted they don't actually know how to scale ethereum and scaling is still a "research project" Wink. (they've admitted that this year) pretty soon they'll figure out their "idea" for scaling violates the cap theorem. even with zero use their blockchain is already bloating. beyond 'hello world' prototypes theres gonna be a lot of problems and a lot of drama with insiders selling off before announcing their failures to handcuff a bunch of dapps (which are not decentralized) to their platform in any way that scales.

>> No.1159748

>>1150114
how do you think they came to be rich dumbass?

>> No.1159760

Invest in Boyd Group Income Fund

>> No.1159793

>>1149902
oh god so much this

>> No.1159819

Fuck Guns And Knives Invest in A Suit And Smile

>> No.1159820

Spend less than you earn

>> No.1159822

>>1150111
noice

>> No.1159823

>>1156178
bretty solid

>> No.1160026

Shakespeare gave some great advice:
"Neither a borrower nor a lender be,
For loan oft loses both itself and friend,
And borrowing dulls the edge of husbandry."

>> No.1160189

>>1151159
AKA - How to be a slightly well-off pensioner watching inflation and taxes eating at your pile of cash you wish you had spent.

>save save save be frugal etc

Fuck this pleb 1950's bullshit.
It works to a point.
YES, don't be a fucking dweeb like I was throughout my teens and twenties and stop blowing your wad on useless shit and showing off.

Buuuuut...only to a point does the old way work.

Fuck your credit score, fuck your career prospects, fuck your qualifications, your savings plan, your investment plan, fuck it all.

Avoiding debt* and saving a backup fund is minimum pleb tier.

Most conventional financial products and investments are high tier, yes, but you missed the trick - the wool pulled over your eyes to blind you from the truth, Neo.

You need low risk, high potential yield assets or a business that produces Cashflow.
Residual or passive income is key.

Without that foundation, most will be putting laughable amounts for decades into high yield high risk or low yield low risk financial products or investments.

Only business or 'unique' assets will create that income stream from Cashflow.
It's premium tier.
Protip - most are invisible and intangible, at least initially. If someone is selling it or marketing it to you - ask 2 questions first -

1) who gets paid first,
2) who gets paid regardless?
3) why am I not in their position?

Real estate and shit rarely gives you that safe Cashflow quickly, and a lot of dumb money is speculating, not investing.
And it's still second or mid tier, it's oversold as a safe no-brainer.

*personal debt.
For more info, learn form Donald Trump's first bankruptcy in the 80's.
He did.
Most debts of his after that were corporate debts.

>> No.1160211

>>1153337
>Slum landlord still getting their govt. rent check and they sold pot openly.

Sooo, where's the problem?

>> No.1160222

Don't waste money on sports betting

>> No.1160238

If her age is on the clock she's too young for the cock.

>> No.1160273

There are no absolutes, only markets.

The only investors are savers.

>> No.1160277

>>1160189
Also, related to this -
'profits are better than wages'
- Jim Rohn (Anthony Robbins' mentor)

In the segment of that speech,
He also said something like he went everywhere looking for advice and never heard anyone say that, until he found a millionaire mentor (Earl Schoaff) nobody was saying it in school, in college, amongst academics, etc etc

- it took me 35 years to hear it put so clearly, because to say something so simple yet bold takes guts and balls and intelligence which is a rare combo.

If you just read this, and you are younger than that, you just got a head start if you keep it front of mind, IMHO.

Changed my life.

Also, Kiyosaki (inb4 top kek) was asked something like what is the best tax avoidance strategy or structure and he said simply 'owning a business/corporation' I'm paraphrasing here, I need to check the exact quote, but he made his point. Even without complex arrangements and barely legal shenanigans, even the basic tax advantages are clear.

>> No.1160289

Selecting your partner is the most important investment decision you'll ever make.

>> No.1160295

Honestly being Jew like is the way to go. So many people throw their money away, whether it is not getting a good deal or getting shit that they don't need at all.

It boils down to these things:
>make more money
>keep spending down

Not that you need to live like a miserable person, but it definitely takes and understanding and importance of the value of money.

>> No.1160358

Using statistics, the average human has ~1 testicle

>> No.1160368

>>1160358
while this may be a good hint for using statistics in stock market it only shows poor understanding of statistics.
you should not use techniques you don't understand.

>> No.1160372
File: 2.90 MB, 5312x2988, 1458853291764-1876473329.jpg [View same] [iqdb] [saucenao] [google]
1160372

>>1149823
Planes do crash.
seriously, aviation industry is not worth the hassle...

>> No.1160407

>>1159819
Don't Capitalize Every Word In A Sentence, It Makes You Look Like A Retard

>> No.1160416

If your product sucks, no price will justify it.
If your price sucks, your product won't sell.

>> No.1160442

>>1149823
buy assets not liabilities

;^) where my rich daddy at

>> No.1160462

>>1150732
mark cuban is for losers

diversification told me so

>> No.1160468

>>1153385
Programming languages are exactly like natural languages. You merely have no linguistic experience and are fucking retarded. Consider the example that picking up French and Spanish is braindead easy when you speak a language in the same family.
All languages have the same origins: A starter language that was then expanded upon by humans. They all serve the same purpose.

>> No.1160506

>>1150828

Printing this out and putting it into my glossed oak frame I bought from Sears on sale

Nah really tho, good advice

>> No.1160596

Precioso. Great advices mate :)

>> No.1160659

bankroll management

>> No.1160740

>>1160407
His "in" wasnt capitalized, moron

>> No.1160784

>>1153395
But specifically in the case of survival, a guaranteed bird to eat that night is much better than the possibility of not having any bird to eat. If you already have a stockpile of birds to eat and are simply trying to expand your bird stock to hedge against future bird shortages, then the possibility of two birds is better.

>>1149902
Why would they be fucking the ugliest one?

>>1149995
*to a woman who makes less than you. If she makes more or is worth more, you have nothing to lose other than heartache and time if she decides to divorce.

>>1150068
Even more succinct: Spend less than you earn.

>>1150114
Because a billionaire dropping $30 million on a plane is equivalent to an average American (with a net worth of $50k) spending $1,500 on some stupid shit. It's a tiny fraction of their total net worth and income. You think nothing of spending $15 on a sandwich for lunch. A billionaire would think nothing of buying a $400,000 sports car.

>>1150672
This. Pro tip: a woman will never get more attractive or younger. It's a one way street.

>>1151355
You might be telling the truth but I do not fucking believe you for a second.

>>1157132
Top kek, this. If a huge opportunity (that doesn't involve anything illegal) comes along and you'll be called a "sellout" or "greedy", fucking take it. Ask any rich person who grew up poor or lost everything at one point, and I promise they'll tell you this: "I've been rich, and I've been poor, and I will take being rich every single time."

>>1159679
>Manipulate your credit score as leverage and treat most things as cash-only purchases.
What do you mean by this?

>>1160407
kek'd

>>1160189
>>1160277
That was a very long, hard to follow post. My guess is you meant "building a business is the only real way to wealth" but I'm not sure. Can you fill me in?

>> No.1160803

The goal of a successful trader is to make the best trades - money is secondary

>> No.1160807

>>1149823
A penny saved is a penny earned.

>> No.1160818

>>1150828
Everything about this is %100 true

>> No.1160910

>>1150370
Dumbass

>> No.1160934

>>1153880
You are so fucking retarded it hurts.

>Hurr i'll just drop this huge sum of money all at once because financing is ebil!
>Meanwhile normal people are paying back interest of a whopping 3.8% and making more than 4% just on index funds on that huge lump sum of cash

It's like you hate free money.

>> No.1160937

>>1156069
Put what in the stock market? You're a retard.

>> No.1160949

>>1160222
proffesional gambling or recreational? I am venturing into Asian Handicap football betting and it seems promising.

>> No.1160986

>>1153299
the struggle is real

>> No.1161141

>>1160784
>>That was a very long, hard to follow post.
Probably, I'm ADHD and I was stoned last night when I wrote this.
I was rambling, but was trying to address a lot of the average mindset and repetitive memes here that don't produce wealth, except maybe slow wealth.

>be frugal
>save
>401k Roth IRA, etc
>mutual fund or other packaged investment plans

MAYBE a comfortable lifestyle in middle to old age, but does that really EXCITE you?
Can you literally tap into a potentially unlimited income stream with this thinking, these habits?
NO.
Best case scenario, you don't get into stupid debt like me, and blow money to impress people like me when I was younger.
And yes, save a backup fund of say, 10-20% of income, but beyond that, investment vehicles and financial products come later, not now.
It's honestly not worth the income drain and focus as step 2/3.
It cannot multiply or create the time freedom or lifestyle that most really want.

You are depending on a lot of things working out for you over decades with little freedom, control or leverage or options.
You are lining up hopes and dreams and assumptions and luck like dominoes, and it only takes one to fall.

>My guess is you meant "building a business is the only real way to wealth" but I'm not sure.
I guess I meant step 2/3, after the Basic steps are in place (debt, harshly reviewing spending habits, saving 3-6 month backup fund or 10-20% of income) the conventional advice runs out of steam.
These give you some sense of security or comfort, but there's no high potential there, or enjoyment.

Plus, the facts are -
>prices will rise
>inflation will rise
>taxes will rise and new ones will form
>jobs careers industries change fast or become obsolete

All this works against you in the long run.

Fundamental is an income stream, ideally only using skills or low cost assets or business to create products or services or art that can multiply in value exponentially.
Can you greentext the bit(s) you are not sure on?

>> No.1161147

>>1153880
If you can finance a property at 5% + grow your money at 12% = Good debt retard

>> No.1161154

Don't spend more than you make.

>> No.1161604

>>1150672
And so are men, so what's your point?

>> No.1161626

>>1161141
Thanks, I understand you now.

>>1161604
Kek, good bait

>> No.1161860

>>1150023
what the fuck

okay, so how does the financial services industry work without interest?

>> No.1161863

Invest 90% spend 10%.
Inb4 can't do that, get a better income then loser

>> No.1161893

>>1160189
>How to be a slightly well-off pensioner watching inflation and taxes eating at your pile of cash you wish you had spent.
Cool, I'll be retiring with this strategy in 10-15 years.

>finish uni at 24
>start out a job, living frugally, say average savings of 50k a year throughout your career
>fast forward 15 years: saved 750k, which will have turned into 1kk+ through the index tracking
That's enough to retire in most of the world. Afterwards you just diversify heavily into bonds and live on 3-4% a year, depending on how the market does. You're keeping up with inflation on average, and have a solid amount of capital to enjoy the 50 remaining years of free time in your life.

>> No.1161907

>>1161893
>average savings of 50K a year

Wut? You making 150K a year m8? Taxes and living expenses take away more than half your income.

>> No.1161910
File: 273 KB, 898x908, 1448388062479.jpg [View same] [iqdb] [saucenao] [google]
1161910

>>1149823
Like all of life’s rich emotional experiences, the full flavor of losing important money cannot be conveyed by literature.

>> No.1161916

>>1161907
This approach only works if you have a decent job with good career opportunities (lawyer, software engineer, banker etc)
You might start out with 30k, but then later on save 70k, etc. I just took an average throughout the career, so I don't have to account for growth in savings as your salary improves.
Personally, I'm an analyst in an investment bank, so as I become an associate and eventually a VP, the salary will improve significantly and so will my savings.

>> No.1161923

>>1161916
What are your hours like?

>> No.1161953

Don't get into debt

>> No.1161961

>>1149902
literally, or metaphorically?

>> No.1161964

>>1159642
No one said marrying a fat ugly chick was an option.

>> No.1161970

>>1149992

Fuck your parents, you don't owe them anything. It was their decision to bring you into the world, thereby accepting the responsibility of carrying you into adulthood. You didn't have a say in it, and you don't have any obligation to them. Do not let them drag you down with them, that's how you end up in an endless cycle of multigenerational poor.

>> No.1161984

>>1149823

take care of the pennies cause the millions take care of themselves.

>> No.1161987

>>1152823
>eat lentils
You need a grain to make it a complete protein.
>I've been living off lentils and quinoa for months.

>> No.1162012

Marry up.
/Thread

>> No.1162095

>>1150828
>there is nothing such as free lunch
maybe in jail there is :p

>> No.1162097

>>1151473
my genetics are shit, but was adopted into a rich family.
win or no? Id consider it a half-win

>> No.1162100

>>1152299
deep
>dubs checked

>> No.1162221

>>1149823
save and invest

>> No.1162238

Never go broke, therefore never go all in.

>> No.1162258

If you can't suck one dick for a million dollars suck a million dicks for one dollar.

>> No.1162907

>>1149823
dollar has nothing behind it just wishful thinking and prayers and shittons of debt

>> No.1162914

>>1151236
no rather completely disregard anything people advise you.
you should listen to their reasoning and thoughts maybe you see something from an other way, but don't take advice from anyone everyone is your opponent in this game.

>> No.1162929

>>1150243
Buy high, sell higher.
It's much sounder advice. Never bought a stock that was not making new highs.

>> No.1162941

>>1151793
50DMA or supertrend on a weekly chart would have kept you in.

>> No.1162988

Unemployment is a death spiral
You don't have to listen to your parents if you don't want to

>> No.1163085

>>1161893
>>1161916
>>Cool, I'll be retiring with this strategy in 10-15 years.

Did you even read this part?

>>You are depending on a lot of things working out for you over decades with little freedom, control or leverage or options.
You are lining up hopes and dreams and assumptions and luck like dominoes, and it only takes one to fall.

Any domino wobbling or falling makes all the rest fall.
You are lining up assumptions like -

>>you'll be alive in 10-15 years
>>you'll be in good health and have enough life left to enjoy it
>>you will stay in work and be employed
>>you will be promoted
>>you will be given an expected raise
>>you won't be fired because of some office politics, layoffs, etc
>>interest rates will remain or rise
>>market is not volatile when you want to cash out
>>present value of investments being downgraded
>>your employer staying in business
>>your career becoming irrelevant or obsolete

Nobody sees these things coming, until they do.
10-15 years?
I was hitting those numbers in 5 years, and in 10 years, I'll have more knowledge I can leverage, and 10-15 years business experience,
And even more income streams,
Because they are easy to replicate and even self-replicate, but I enjoy my lifestyle earlier,
And I enjoyed my 20's and early 30's, I wasn't stuck in a soul-draining job with people I didn't really choose to be on my team.

I hope you choose a nice golf club to join.

>> No.1163104

>>1162914
LOL, are you serious?

Never listen to anyone's advice?

Before I shitpost, you are saying specific or general advice on what you should do or how to approach things, should be ignored,

But listen anyway, if only to get different viewpoint and opinion?

I sort of agree, but not with your last statement 'everyone is your opponent in this game' - I have got good advice here, even with all the shitposts, and that mindset would not have got many businesses leaders far, there are advisors, gurus, and potential partners, investors, strategic alliances, etc and you miss out by being too suspicious or secretive all the time.

You can leverage far more by the benift of the doubt IMHO. I hire people without doing background checks because I deliberately design the business system to minimize any fallout from the start. Nobody is put in a position to steal or lie.

But even smart and inexperienced people can be fooled or conned, so what chance do you have?

I have to do due diligence, but I rarely care about anything I find.

>> No.1163633

The most important word in the english language is compounding.

>> No.1163637

>>1149823

Once you move out of your parents house, keep your expenses as low as possible and save, save, save.

>> No.1164067

Good thread, everyone.

>> No.1164088

>>1150045
>年的時間到買以太坊吧

"Years to buy an Ethernet Square Bar"

How prophetic

>> No.1164209

>>1152050
Should I? I'm thinking of doing it

>> No.1164220

>>1153353
>>1153865
>>1160910

all me

>> No.1164242

>>1164088
Protip: machine translated shits made zero sense.

>> No.1164248

Quit your job when you give more then you get

>> No.1164261

random question: how can i get chase to stop fucking me?

3 months into an overseas ESL contract

chase keeps blocking my credit card transactions, checking account is fine

should i have said something to them before leaving

>> No.1164279

>>1156713
A real /biz/man would have flipped it right from the jump. So, when you finally did grab the opportunity you fucking squandered it.

>> No.1164284

Do not stock pick

>> No.1164458

>>1151997
god dam I hate people like your father.
I'll never be on that level.

>> No.1164464

>>1154953
accouting 101 student spotted
that formula can also read as A-L=E

>> No.1165136

Don't let fear rule you.

>> No.1165139

>>1149823
Buy low, sell high

>> No.1165144

>>1149857
>Dont listen to experts, there are no experts.

What is Warren Buffett.

>> No.1165155

>>1164279
Well, I enjoyed it.
I got 100% entertainment utility out of it.
And was in a high-risk, high reward, immediate payout mindset.

I was 17 at the time, and a pleb until 35,
But even then, I knew I was running a high stakes game with diminishing returns.
I had no knowledge or patience about maintenance, etc or anything, and was driving illegally with no intention of making it legit,
And frequently drunk or high.

But yes, I should have cut my losses sooner.
It got towed and crushed in the end.
But the experience of just saying fuck it was worth it.

>> No.1165475

>>1150040
jesus said you shouldn't be doing that shit anyway

>> No.1165555

>>1164261
Yes, call them up saying you're going to be to out of country, where at, and how long for all your debit and credit cards.

The reason banks do this is because when your card starts running transactions out of state or country it may think it's fraud so they'll block your cards.

>> No.1165793

>>1150111
this is the answer

why is this thread still going on?

>> No.1166462

>>1155937
very good post. it's a big change in mindset. Most people can't even comprehend why one would want to work for themselves

>> No.1166589

>>1150704
Explain

>> No.1166589,1 [INTERNAL] 

Many financial institute have a hard and extended approval steps for getting any loans . Some banks or loan companies has a less complicated methods and require less documents .For example this company give you access to short term loans that are fully 100% online. You don't need to go in the bank . It is very convenient and actual for me.