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/biz/ - Business & Finance


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11712110 No.11712110 [Reply] [Original]

The year is 2021. You've made your first 500k/mil through link and are ready to retire in SEA. You fell for the 4-5% meme but since you've been a poor fag NEET all your life, you are not quite sure how that works, you have no experience with real estate and boomer stock. Making it was the first step, keeping it won't be easy either. Tell me how do you plan on securing that base ROI for the rest of your life, while taking into account taxes, inflation, potential market crises, the roastie problem, etc.

>> No.11712133

>>11712110
This is going to be one of the hardest dumps on main-net and the project will basically fail because people will never use it for anything other than to PnD, which will completely fuck the tokenomics and make the whole thing useless. Sergey will realize this and just disappear along with the rest of the team. SWIFT and co will realize this, and begin to quietly remove any references they have to this embarrassing experiment which - who knows, might have succeeded if it wasn't for the retards who infest this place and run painfully obvious shill and fud campaigns. Many of you will experience the kind of hopium crash which actually kills people, and I suppose suicide is a fitting reward for some of the more smug retards who clutter up this board, but I hope it isn't all of you. There will be no more memes, no more dreams of lambos or whatever NPC tier 'rich person's car' you've picked out in your imagination as you're left in the dirt holding a bunch of link bags. Even a fraction of the money some of you invested in link could have helped you make it during the next bull-run in a legitimate project. Imagine that. THAT is what you should be visualizing. Not your stupid fucking holiday home, not your imaginary future "faithful" gf / wife, nor an early retirement where you don't need to toil away at menial tasks for your betters from inside your 9-5 existential prison cell - you should instead be visualizing yourself scraping together what little money you have left in the wake of your devastation to try and ride something like BAT or Holo up, and your dream of MILLIONS OF DOLLARS suddenly becomes a much more realistic 100k-200k at most. I mean it's not bad - more than you intellectual runts probably deserve. You'll all see I was right. I always am.

>> No.11712326

>>11712110

lol. is this even a question?

if you /make it/ just buy a house(s) payed in full. keep some of the money to fuck around with, the rest keep staking in chainlink nodes and divendends. really not that hard.

>roastie problem
before you meet anyone, to make sure the relationship is authentic, you must pretend to be poor. weed out the gold diggers from the beginning and youre good to go.

>> No.11712334

Well my desired investments are property and managed funds/etfs.

Firstly I would talk to an accountant who has a good rep and specialises in investing to get personalised financial advice. I woud speak to at least 1-2 more to get that validated and additional views.

I would talk to a solicitor about my finances and how to protect them esp with my desired investments.

If i fully diversified crypto I would do 30% cash (high interest), 40% property, 20% managed funds and 10% risky investments (ie. Crypto)

The % of course or even the types of investments i make would change upon consultation with professionals and family (lots of family has made it already).

I would likely use a chunk of my property funds / cash to buy myself a home with a good deposit + low repayments.

Would wagie for a few more years and keep buildimg until i can retire on 150k/year

>> No.11712350

>>11712334
go back to r*eddit nigger

>> No.11712363

>>11712110
buy a humble country house and a lambo

>> No.11712370

>>11712326
>mfw my wife is loyal af and fell in love with me when i was a poorfag so i know i can trust her

>> No.11712426

>>11712350
Sorry bucko, no reddit here. This is just my writing style from piecing together contracts at work all day.
Far easier for me to read esp when taking a dump whilst using my mobile.

>> No.11713103

>>11712426
fag

>> No.11713461

35% rental properties with a management company, 35% stocks, bonds, etfs, 25% crypto, 5% modest apartment with truck, Jeep, and motorcycle + other fun money.

>> No.11713484

>>11712334

>30% cash

Jesus Christ anon, you don’t deserve to be rich. Inflation will destroy you, don’t put that much in cash, 10% tops. Fuck.

>> No.11713562

>>11713103
Based

>>11712110
Keep staking. Make more links. Use that passive income to invest BTC, and a shitcoin or two.

Maybe I’ll rescind my American citizenship- and go to a friendlier crypto country to avoid taxes.

>> No.11713602
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11713602