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/biz/ - Business & Finance


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18611954 No.18611954 [Reply] [Original]

>> No.18611970

XD

>> No.18611978

>>18611954
>/biz/ humor
>posts reddit
op -> faggot

>> No.18611987
File: 306 KB, 720x643, Coom.jpg [View same] [iqdb] [saucenao] [google]
18611987

>> No.18611990

where does the money go?

>> No.18611991

>>18611954
My puts got rekt on Friday but at least not as hard as this guy

>> No.18612015

>>18611978
>wants a le funny money printer wojak meme instead of a redditor about to neck
faggot

>> No.18612016
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18612016

>> No.18612019

I made $9

>> No.18612343

>>18611978
reddit tragedy is /biz/ comedy

>> No.18612368

>>18611954
What a fucking retard. It's too bad we have social safety nets so his spawn won't die and end the retarded bloodline with him.

>> No.18612387

>>18612368
life is about much more than money. his existence here can be a net positive even if he keeps losing all the inheritance/welfare gibs he gets on the market

>> No.18612439
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18612439

>>18611954

>> No.18612458

>>18611954
if it's any consolation, the baby probably isn't even his

>> No.18612473

>>18611978
Tis a tradition to laugh at redditards.

>> No.18612481

>>18611954
Was this his first time trading? How does someone even do this? All sorts of clown world shit can happen and patterns can be wrong, why the hell would you put your life savings on the line like this? Remember when BTC went from 20k to 4k? Remember when the stock market crashed over a Chinese flu? Remember when the government started printing trillions of dollars to bail out the stock market?

>> No.18612496
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18612496

>>18611954
gentlemen, let us laugh

>> No.18612509

>>18611978
This
>>18612343
But also this

>> No.18612527

>>18611954
>inheritance
easy come easy go

>> No.18612551

>>18612481
some people are problem gamblers or prone to taking huge risks. More grist for the mill.

>> No.18612598
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18612598

Is this the reddit cringe thread

>> No.18612623
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18612623

>>18611990

>> No.18612666

>>18612598
She better get the kneepads out.

>> No.18612723

>>18612598
>apartment
>loan
wut

>> No.18612736
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18612736

>>18611954
Make sure to come back and play again!

>> No.18612753

>>18612723
Such is the real estate market in Sydney

>> No.18612756
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18612756

>>18612723
>buying

>> No.18612768

>>18612723

A condo, basically. Then when they're unable to sell anymore units they convert the rest of the units to rentals and here you are, a condo owner and you have to deal with section 8 (or whatever they call it in Straya) riff raff.

>> No.18612799

>>18611954
Any dipshit who tries to get rich quick fails and he said it himself he was greedy and stupid and now he lost so much money. Don't play the market as a casino and you won't lose anything.

Buy buy don't sell

>> No.18612836
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18612836

Just try to imagine explaining to someone several hundred years ago that in the future buying physical gold and silver will be considered a 'investment' because of the global adoption of fiat paper money.

They would be so confused.

>> No.18612838

Imagine going long on an oil etf

>> No.18612893

>>18612598
that's so obviously a low iq dude asking for himself like she was trying to help a female friend kek

>> No.18612956

YOU are all no better than him with your greedy bullshit. YOU WILL ALL TASTE THE PAIN

>> No.18612962

>>18612768
can't imagine why anyone would ever buy a condo. you pay a mortgage and rent at the same time basically since you have to pay them every month for upkeep and shit that you could easily do yourself.

>> No.18612972
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18612972

>> No.18612974

>>18612723

Sydney prices are pretty crazy in the city

>> No.18612985

>>18612799
yeah just look at wallstreetbets for tons of people losing their shirts getting into options trading with barely any understanding of investing. sure there are people making a shitload there too but there's also people that hit the lottery and superfectas at horse racing.

>> No.18612986

>>18612972
kek

>> No.18613011

>>18612972
I despise footfags, but that was pretty based.

>> No.18613019

>>18612972
holy shit what a god

>> No.18613042
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18613042

>> No.18613060

>>18613042
>Those eyes
How many cocks do you think she took before making this decision? Also, she'll regret this by the age of 30.

>> No.18613071
File: 1.62 MB, 5865x4093, silver boomer yes.jpg [View same] [iqdb] [saucenao] [google]
18613071

>> No.18613084
File: 2.83 MB, 5865x4093, Yukari YES.jpg [View same] [iqdb] [saucenao] [google]
18613084

I made this

>> No.18613089

>>18611987
bogged face

>> No.18613118
File: 2.01 MB, 5865x4093, Anime girl YES.jpg [View same] [iqdb] [saucenao] [google]
18613118

I made this SFW version of the silver YES meme

>> No.18613625

>>18611987
I just ordered 3

>> No.18615111

>>18612836
>They would be so confused.
most of the money circulating in the last few hundred years has been paper. Supposedly backed by specie but usually not.

>> No.18615185

>>18613118
why does that one girl ahve boobs that are 3x bigger than the one on the left
seems unfair and imbalanced desu

>> No.18615237

>>18613084
At first I thought those were cans of Deenz but, alas, they're just some bars of metal.

>> No.18615283

>>18613118
no i did

>> No.18615292

>>18613042
Nothing of value lost here.

>> No.18615301

>inheritance
>my savings
Haha dumbass

>> No.18615464

>>18612723
Never understood this. Even in the usa Ive heard people say theyre "buying" an apartment idk what that means.

>> No.18615476

>>18613042
>I like money and dogs
You just know

>> No.18615771
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18615771

>>18611954
Look at this guys comment history, fucking gold.

KEK

>> No.18616054

>>18611978
wsb and /biz/ are literally the same

>> No.18616065

>>18611954
realistically this is tragic I kinda feel bad for him but then again he was stupidly greedy and didn't do his research

>> No.18616149

>>18612972
based

>> No.18616170

>>18615771
>married
>baby on the way
>tinder

Sweet sweet karma

>> No.18616178

>>18615301
Remember if you give any money to your descendants after you die you make damn sure that money is controlled and held in a safe manner. Don't let the little fucks do what they want with it.

>> No.18616180

>>18615771
>tinder
what an assclown

>> No.18616215

>>18612387
>his existence here can be a net positive
There is someone who sold him this financial instrument. There is benefit in someone else's loss.

>> No.18616239

>>18616054
This, but redditors are more obnoxious

>> No.18616293

>>18616239
you don't think the 100th "janny clean it up" or stinky linky thread of the day is obnoxious?

>> No.18616407
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18616407

>> No.18616434

This is why emotions ruin you. Slow and steady wins the race. Calls and outs are dangerous in the wrong hands

>> No.18616481

>>18616178
It’s true, I am a parent and I will teach my kids how to keep money and grow a net worth rather than save and spend consumerist cycle. Minimalism plays a huge role as I’m not dependent on upgrading my surroundings. Less is more. The less items you have, the more money you save.

I enjoy the power of just knowing I can pay cash for my neighbors hellcat, while he pays $1100 per month and doesn’t even have an emergency fund. One day I will retire off my gains that doesn’t rely on a 401k. Getting into real estate soon, stoked.

Anyone know any good contractors in Phoenix, AZ? Gonna need to hire out some 1099 guys for certain things like framing and drywall

>> No.18616719

>>18612598
ayy i post on /r/ausfinance a lot
dont try to find me

>> No.18616750

>>18613071
>>18613084
>>18613118
Sad metal cope

>> No.18616813

>>18616178
burgers are already brainwashed to kick their kids out of the house at 18 "to man them up" kek
meanwhile the kikes pass down generational wealth and use their connections to place their kids in positions of power to rule over the next generation of goyim cattle who try to "pull themselves up by their bootstraps".

>>18616481
based

>> No.18616863

>>18616481

You're going to get a bargain soon. Real estate is going to take a huge hit in the nearfuture when people go broke in waves.

>> No.18616892

what i'm seeing from this thread is that /biz/ isn't funny

>> No.18616929

>>18611954
Now I'm glad I lost couple of thousand of euros gambling with leverage at this young age. I have now learned my lesson and will probably never leverage again, or with very small sums.

Previous to this, on my first year of trading I managed to get a nice profit and got too cocky and thought I could leverage my way to riches. Someone here in biz said that leverage is a jewish trick and I agree. That guy wouldn't have lost anything yet if he had just bought stock instead and probably would end up with profit in the long run

>> No.18617112

>>18611954
Are those oil etfs not going to recover? He did say he was going long on this

>> No.18617288
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18617288

>>18617112
Yeah I'm confused. Someone pls explain options to me.

The guy goes long last Friday, the price then tanks further sure, but presumably his contract is open for another few months right? Doesn't he still have time to see the etf raise in price and then exercise his option for profit in November or whenever the long expires?

Or am I missing something here.

>> No.18617305

>>18615464
Standalone homes don't exist in huge cities like New York so people buy apartments.

But I'm not really sure how that would make an apartment different from a condo.

>> No.18617332

>>18616863
Real estate is going up, millennials Hope's and dreams crushed again

>> No.18617355

>>18615771
life comes at you fast

>> No.18617359
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18617359

>>18611954

>> No.18617374

>>18612972
Does she end up with derek?

>> No.18617377
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18617377

>>18617359

>> No.18617399

>>18612972
She unironically based

>> No.18617426

>>18617288
I think he's mixing terms here and he used leverage which caused him to lose everything when oil dipped further

>> No.18617440

>>18617377
Is that Ross Scott?

>> No.18617532
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18617532

>>18611954
Holy Shit.
What a stupid faggot.
I feel bad for his family.

>> No.18617535
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18617535

>>18613042
>tfw accidentally convinced my gf to get sterilised and then broke up with her
I didn't actually want her to get sterilised. but I thought it was funny as a joke to make a fake 'x-ray' which was an old printer with a lamp wrapped in foil supeglued to the top with a couple of socket plugs attached for good measure. pretended to x-ray her (she had a learning disorder) and showed her a photoshop of rats eating her womb, so she gotsterilised to avoid kids. felt bad but whatever.

>> No.18617562

>>18617288
Several things going on here I wager: he bought options for a leveraged ETF. Options are already 100x leverage (ie, it gives you the right to buy/sell 100 of the underlying issue). Leveraged ETFs usually track the market at 3x the underlying, so a bull issue would go up 3% for every 1% of the underlying - but also down every 3% for the underlying. There’s time decay too but we can skip that.

Problem is oil had a giant apocalyptic nuclear meltdown and went negative for some CFDs. My bet is he thought he could time the bottom, bought 180K worth of calls on a bull 3x, and saw it collapse waaaaay under, saw his options expire, and is now broke.

My guess, I’m not going on reddit to confirm.

He’s a fucking idiot, in other words.

>> No.18617601

>>18617535
This sounds really fake and dumb.

>> No.18617650

>>18611954
Lol

>> No.18617659

>>18617535
pretty funny MDE post

>> No.18617675

>>18617562
USO is going bankrupt. if you own it you're money is gonna go poof

>> No.18617803

>>18613084
>>18613071
why have you removed the jew from the original meme?

>> No.18617821

>>18615771
>this is who is giving you investment advice

>> No.18617824

>>18617440
looks too clean to be Ross

>> No.18617832

>>18616407
I haven't seen the last panel in a long time

>> No.18617847

I'm 28 and I don't have that much money wtf

>> No.18617920

>>18617847
He doesn't either anymore

>> No.18617921

>>18616407
link is unironically a scam though

>> No.18617951

>>18617675
No it aint dumbass import ban and bailouts incoming

>> No.18617986

>>18617920
Everything is good in the world

>> No.18617991

>>18613042
>vegan
>feminist
good

>> No.18618056

>>18615771
kek that's what you get for being married with a kid on the way and going on tinder. I hope the wife divorces him and grinds him down over the course of decades until he commits suicide

>> No.18618060

>>18617562
I'm actually tempted to make a similar bet. Buy a long call option on a similar leveraged etf thinking that prices will recover soon.....

>> No.18618098

>>18611987
is this real? isn't it illegal to have a living person on money?

>> No.18618175

>>18611954
Fucking go back faggot

>> No.18618194
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18618194

>>18617847
He is actually -95k cos he has student loans.

>> No.18618237
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18618237

>>18611954
>28
Sounds like a blessing in disguise desu. He's young enough to recover, his wife will probably leave him so he'll be single and won't have his mind distracted by wife or the kid, he's learned a valuable lesson about going all in with money you can't afford to lose, also to use a stop loss order if it's money you can't afford to lose it all. If he doesn't an hero or wallow around about the money lost for the rest of his life, he could end up no worse for the wear

>> No.18618282
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18618282

>>18618098
she's alive and she's on all our notes

>> No.18618291
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18618291

>>18616719

>> No.18618292

>>18616407
ACTUALLY REAL KEK

>> No.18618297
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18618297

>>18618291

>> No.18618332

>>18618194
So he invested all the inheritance instead of paying the debt, with a child on the way, lol.

>> No.18618378

>>18617440
It's Steve1989MREinfo

>> No.18618428
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18618428

>>18617440
That's Steve1989MRE. /ck/'s favorite meme youtuber after Reviewbrah and ja/ck/.

>> No.18618472

>>18612962
HOA in a condo can cover most (if not all) utilities and usually covers exterior maintenance, which will basically half your homeowner's insurance

>> No.18618497

>>18616293
its less obnoxious than people speaking like infants, making shitty puns and being liberals.

>> No.18618613

>>18617921
link is unironically live right now
https://feeds.chain.link

>> No.18618701

>>18615771
>someone who literally calls himself optionsnewbie thought it was smart to gamble all his savings on a leveraged oil ETF in the middle of the biggest industrial shutdown in history
I really don't understand.

>> No.18618715

>>18612962
Because the condo is 350k but the house is 1.5m (exact same total sqft and niggerhood)

>> No.18618781

>>18616929
Look at the recent crypto market crash with somebody "accidentally" dumping enough Link to cause a flash-crash to 1 cent. What are the odds it was part of a manipulation attempt trying to mess with you? The coronavirus was just a shitty excuse to go on a market manipulation liquidation spree. Or to cause FUD/panic in general. Doesn't seem that far-fetched.

>> No.18618801

>>18618098
the US mint does not put living presidents/people on coins as a rule. im pretty sure this bad boy didnt come from the mint

>> No.18618829 [DELETED] 

>>18615771
Kek

>> No.18618839

>>18618613
nice fake website

>> No.18619901

>>18611954
Are you guys psychopaths? Because this unironically makes me sad

>> No.18619939

>>18619901
Why does a gambler losing all his money make you sad? It's a nice cautious tale I suppose.

>> No.18619972

>>18619939
I dont get it is it bad to be a psychopath or cautious with money?

>> No.18619999

>>18619972
>is it bad to be a psychopath
Not in itself no.
>cautious with money
Quite the opposite, but this guy wasn't. He was out of his depths, thought he could outsmart the big boys, and got burned. That's where the fun comes from.

>> No.18620124

>>18611954
This is very dark. How is this funny?

>> No.18620154

>>18620124
Top kek!

>> No.18620176

>>18620124
he's a redditor

>> No.18620177

>>18619901
>>18620124
Just imagine he's not white

>> No.18620216

>>18620154
>>18620176
>>18620177
I know, if I imagine him surrounded by cape-comic shit and entirely soaked in onions and a half-white half-black mutt baby posting on reddit, I feel less sorry for him, but the concept of wasting your inheritance like this...
It's like killing your family a second time.
I can't laugh as hard as I try anons. I'm not even sorry for him, I'm sorry for the people who left him that money.

>> No.18620237

>>18620216
You should be sorry for his progeny, not for him or his parents.
But you shouldn't even be sorry for them because they're cucknadians anyway.

>> No.18620255

>>18620216
I mean I'm sure the price will recover

>> No.18620671

>>18619901
Same for me. I kinda feel bad for him, because I've been in situations like that before. I lost 10k, 12k, almost 40k, 16k, 4k all on separate occasions. I made good calls, I made bad calls but I'm a gambler and I take huge risks but it feels so fucking bad when you lose. But taking huge risks is the only reason why I have what I have right now. You can't even buy semi-decent property around here by wagecucking and being alone. So it's taking risk, and losing or winning it all. Just be lucky you were never in the situation where you had to find stacks asap because you have to pay off the loan shark in the evening. In the end it paid off, but only by luck and persiverence.

>> No.18620691

>>18618282
Rule Britannia

>> No.18620714

>>18618297
yikes

>> No.18620720
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18620720

>>18619901
>redditor
>canadian
>has 95k in debt
>gets huge inheritance and wastes it in meme investment instead of paying off debt
>uses tinder while he's married and has a baby coming
I hope he goes to debtor's prison and gets raped every day.

>> No.18620727

>>18620671
Houses are cheap except in NYC

>> No.18620758

>>18620727
Hahahahhaah! My sides! Best of this thread so far in my opinion.

>> No.18620796

>>18612985
Wallstreet bets is so fucking funny. I wouldn't dare to touch options,calls and puts. I'm ok with Boomer profit. Low and slow

>> No.18620806

>>18620758
Take your trump bucks your super unemployment insurance and in three months you have about $20,000. Buy a fixer upper and rent it out.

Boomers didn't get thousands of free money like millennials do

>> No.18620850

>>18620727
A decent appartment around here is 300k, while average income around 2k. Taking out 25-30year loans to pay for your cuckshed is common here in west europa

>> No.18620860

>>18620720
>>uses tinder while he's married and has a baby coming

is this true? what a revolting thing to do.

>> No.18620910

>>18620850
My house cost $90,000 but I guess the low price is because I'm not surrounded by niggers. God I miss niggers but I will try to get over it

>> No.18620912

>>18616178
How the fuck do you accomplish that?

>> No.18620945

>>18620806
Comedy fucking gold! You're such a clown!

>> No.18620962

>>18620860
realistically hes a cuckold in an "open" relationship

>> No.18621026
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18621026

>>18620860
Zero sympathy for this guy if true, deserved to lose it all.

>> No.18621061

>>18620806
>Boomers didn't get thousands of free money like millennials do
When boomers were in their heyday they also didn't get """starter""" houses that cost 10x their salary, a job market that requires a degree to do anything half-decent while also being flooded with Pajeets to drive down white collar pay and Pedros to drive down blue collar pay, college tuition that requires a decade or more to pay off, skyrocketing healthcare costs and the taxes required to maintain the increasingly nonwhite country boomers created. A $1200 check and a few months of super-unemployment (both of which boomers are also eligible to receive) doesn't make us even.

>> No.18621122

>>18612962
I bought a condo and I deeply regret it. I thought I was being smart and saving money, since I don't need that much space and it was the same price as a house in the midwest in a much more expensive area in the northeast. But since the day I moved in I've had to endure neighbors making noise at all hours of the day and night. I can hear all their conversations all the time, their tv's, phone calls, people having sex, coughing/sneezing, constant door slamming, I can even hear my downstairs neighbor snoring through the floor every single night. I haven't gotten a good night's sleep in literally 3 years. And on top of that I live in a cucked leftist state so I have to pay $400 in property taxes every month and another $300 in condo maintenance fees. I badly want to sell this place and move as far away as possible but I don't have the money right now.

>> No.18621153

>>18621061
get em king, zoomers rising.

>> No.18621157

>>18616863
Give it a year

>> No.18621177

>>18621061
It's ok you will never be as good as a boomer in any way. Your bones are brittle, you are poor, your cocks dont work so it doesn't matter that you are incel oh and you didn't get free houses like us boomers. Ducks to be you. Too bad you cant do shit because you are too fat to leave bed

>> No.18621198

>>18621122
Haha you are so dumb, enjoying that big city life how exciting it is to be a slave to jews

>> No.18621222

>>18621198
This is in the suburbs 45 minutes out of the city. The northeast is just that fucking expensive.

>> No.18621234

>>18618497
this goy gets it

edit: thanks for the gold, kind stranger

>> No.18621254

>>18617440
You must be thinking of Moss Rott

>> No.18621354

>>18621177
Fortunately the coof is going to balance things out for younger generations. I'll have fun buying some dead or laid off boomer's foreclosed house later this year after prices crash and jobless homeowners are desperate for cash.

>> No.18621407

>>18621354
Stop feeding Punjabi. Let his village starve already.

>> No.18621421

>>18616178
That’s why I’m locking my linkies in a smart contract that allows my kin to only withdraw .15% of my link stack each year

>> No.18621467

>>18621354
Housing prices are going up loser you can live in a dumpster

>> No.18621589

>>18612972
>Larping as a literary type
>lol I'm just an ethot

>> No.18621633
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18621633

>>18621354
>but muh property values were only supposed to go up
I cant wait to swoop in a rob these boomers blind

>> No.18621771

>>18616170
he will suffer
but his genetics live on

>> No.18621943

>>18615771
>OUR QUARANTINE HOOKUP BABY
holy shit dude lost all his savings and gonna pay half of the 45k he makes / annum in child support forever, making saving/investment impossible
F

>> No.18621967

>>18621771
you're not your genes. saying you made it because you have kids is low iq loser cope.

>> No.18621998

>>18621943
He literally lost his only chance at a comfy life

>> No.18622001

>>18621943
He's cucknadian, you forgot to account for the >30% marginal tax rate at this income level, and cost of life.

>> No.18622138

>>18612723
i lived in a 2 bedroom piece of shit in mosman valued at 1.1million aud. u have no fucking clue what happens when you open your asshole to dirty chink money.

>> No.18622150

>>18612836
>They would be so confused.

Probably not. Inflating currency was a thing back then, they would just smelt other metals into the silver and gold or make smaller coins. The printer wasn't a thing but I'm sure if you explained the idea of one to a Jew in 500 AD he would cut you off midsentence and tell you about this great idea he just had: a fiat Ponzi scheme.

>> No.18622405

Brainlets like this guy should stay away from derivatives and complex instruments, desu.

>> No.18622453

>>18618497
Based

>> No.18622454

he didn't lose his golden ticket but he lost his silver spoon. might be a good thing in the long run

>> No.18622476

>>18622138
I love your country but the fuckin chinese ruined it

>> No.18622520
File: 189 KB, 1024x1821, Katie_Artists_Muse_04.jpg [View same] [iqdb] [saucenao] [google]
18622520

>>18621589
Many such cases!

>> No.18622603
File: 56 KB, 600x810, fucking plebs.jpg [View same] [iqdb] [saucenao] [google]
18622603

>>18618297
>Redditard can't even get the meme right

>> No.18622693
File: 693 KB, 1681x1422, 1587484457131.jpg [View same] [iqdb] [saucenao] [google]
18622693

>>18611954
Link fags believing they are early investors when pic related
The singularity already happened
People who didn't accumulate below 50 cents and still hoping to make it will happen a wake up call soon
Such a joke

>> No.18622884

>>18620671
It's fine to take risks, calculated risks even if you take a really big hit. I took loans to buy BTC and failed at it.

It's another thing to bet your entire life savings WHILE YOU HAVE A SHITTON OF DEBT on a leveraged as fuck, risky as fuck ETF with an underlying asset in full panic mode.

>> No.18622947

>>18621967
pretty faulty take anon

>> No.18622987
File: 199 KB, 1156x400, 1509925753141.jpg [View same] [iqdb] [saucenao] [google]
18622987

>/biz/ humour thread
>180 replies
>not a single funny picture from /biz/
Ok then

>> No.18623151

>>18617535
>showed her a photoshop of rats eating her womb
lmao that was all retarded but this part came out of nowhere and got me good
good job anon

>> No.18623254

>>18617535
Based. Retards shouldn't be allowed to reproduce.

>> No.18623456
File: 62 KB, 559x989, biz.png [View same] [iqdb] [saucenao] [google]
18623456

>> No.18623725

>>18623456
honestly this is not any different than oil futures traders hoarding contracts for millions of barrels of oil without having anywhere to store them or a buyer lined up

>> No.18623818

https://www.youtube.com/watch?v=Mj0ixxrAb7A
this made me chuckle but the middle section drags

>> No.18623839

>>18618194
how does he have 95k student loans and only makes 45k?

>> No.18623898

>>18623839
He has 95k student loans because he only makes 45k. He is cucknadian, that's the kind of money cucknadians make. Don't even dare forget the taxes and cost of life either, especially food and housing.

>> No.18623911

>>18620860
>>18621026
you can see it on the screenshot.

>> No.18623916
File: 708 KB, 712x702, wtf.png [View same] [iqdb] [saucenao] [google]
18623916

>>18623456
many lols

>> No.18624156
File: 108 KB, 1161x1300, cuckoo.jpg [View same] [iqdb] [saucenao] [google]
18624156

>>18615771
I think he hooked up with a girl on Tinder, later found out she's pregnant and consider themselves married, notice how he said recently married.
In other words he's a cuck.

>> No.18624289

>>18623818
Biz the movie?

>> No.18624307

>>18622693
Lol

>> No.18624373

>>18611954
Frens, this thread shows it and we have to admit it, we have no sense of humor
- All we think about is our net worth

>> No.18624813
File: 182 KB, 1421x729, 1584916592240.jpg [View same] [iqdb] [saucenao] [google]
18624813

>>18624373
think again

>> No.18624853

>>18611978
/biz/ is completely ruined, it's almost worse than reddit now. who the fuck cares anymore.

>> No.18624992

>>18615771
i still find it hard to believe that there are actually people in this world who gamble their entire life savings on leveraged trading. jesus christ what a retard. he was probably going to lose all that money anyway at the casino or some shit.

>> No.18625148

>>18612481
He specifically wrote he inherited the money, I believe people who acquire money the easy way are also liklier to risk more of it

>> No.18625246

>>18616407
Nice to see panel images again.

>> No.18625284

>>18611990
to someone else.

>> No.18625375

>>18617288
>>18617562
If he bought options, then he should be liable to pay DEBT as well anons.
If he had just bought the already leveraged ETF without the options, then he would've had the option to sell and walk away when ever he wanted, even if the price had already tanked, but because it sounds like he used options, then the contract expired. Meaning he couldn't sell it.

Also, it would be even worse if he sold a call in order to long. That would mean that he could be owing MORE money than he used to acquire the option. Losses, theoretically, could be infinite if you sell a put in order to long.

>> No.18625395

>>18618378
>>18618428
I haven't seen this guy in over 5 years. Is he still making videos?

>> No.18625576

>>18611954
A fool and his money are soon parted.
99% of /biz should take note
Whoever he inherited the money from would be so proud!

>> No.18625692

>>18613060
she'll take many more now

>> No.18625775

>>18615771
>married
>baby on the way
>tinder
>goes all in on a leveraged ETF when you could have just looked at the booking status in Cushing to see if oil was going to crash
I can literally picture what this white trash looks like

>> No.18625832
File: 384 KB, 1735x984, 812F0F7E-1048-4383-A9F1-E549AFAA9B85.jpg [View same] [iqdb] [saucenao] [google]
18625832

>> No.18625887
File: 47 KB, 494x494, 1585163972116.jpg [View same] [iqdb] [saucenao] [google]
18625887

im down $2000 on USO/UCO calls

feels sad man :( but at least i did not yolo my entire networth away

>> No.18625904

>>18625395
Of course. Recently he ate a perfectly preserved 1906 ration.

>> No.18626658

i still have no idea what chainlink actually does but i have over 100k of them with an initial cost of just $16,000 to get them
i wish u faggots were actually right about them being worth lots of money this $4 bullshit is killing me.

>> No.18626708

So if oil recovers he's ok?
Or did he sell his stocks for a loss?
I mean why not just keep em even if they devalued. They could go back right?
Neefag here

>> No.18627349

>>18626708
Sounds like he was trading on margin and got liquidated. So no, there's nothing left. The brokerage sold his position to cover the loss.

>> No.18627414

Why the fuck are normies irrationally long oil?

>It HAS to go back up

I don't get this shit, why are normies just retarded oil bulls by default?

They see oil go down and think its like free money or something. But then they'll jizz themselves over Tesla and solar panels. Makes no sense.

>> No.18627576

>>18618098
>is this real? isn't it illegal to have a living person on money?
coronasummer in full swing

>> No.18627780

>>18618237
freckled asian...indaresting

>> No.18628542

>>18627780
I'm Asian and I have freckles

>> No.18628577
File: 23 KB, 429x375, 1448692412285.jpg [View same] [iqdb] [saucenao] [google]
18628577

>>18620671

Theres a massive difference between punting a few grand on high risk high reward plays and betting 15+ years worth of cash savings (with a fucking baby on the way) all on a single options trade. I feel bad for the guy but also I feel that his perception of risk management is so fucked that he would likely destroy his life some other way regardless. Seems like the kind of person to drive home after pounding back drinks and wrap his car around a tree instead of being a high flying options baller.

>> No.18628701

>>18617821

Reddit is full of people like this, you can have absolutely no idea what the fuck you're talking about but if you write like you do tards will upvote it regardless if its correct or not.

>> No.18628788

>>18611954
Aaaaaaaaaaaaaaaaaaaaaaaand Trump just tweeted something about Iran so oil is back.

And he sold it already.

Hilarious.

>> No.18628821
File: 61 KB, 820x481, 5367574564546.jpg [View same] [iqdb] [saucenao] [google]
18628821

>NEW PARADIGM

>> No.18628857

>>18628577
upvoted

>> No.18629234
File: 135 KB, 640x606, 20200314_102708.jpg [View same] [iqdb] [saucenao] [google]
18629234

>>18616178
Story time
>two sisters and I each inherited $150k
>I invested it all in VTSAX and added monthly from work salary while maxing out 401 and renting out rooms in my house, ending up with $450k after about 5 years
>sister 1 left it in her checking account the whole time
>sister 2 spent all of it on whatever
I feel like we're some sort of biblical parable

>> No.18629443

>>18624813
the girl has biger shoulders than most guys

>> No.18629460

>>18618098
What happened to freedom of speech?

>> No.18629469

>>18612836
inflation has been around since currency has been around.

>> No.18629473

>>18624813
>"Satoshi Nakamoto is Korean"
Doubt

>> No.18629952
File: 501 KB, 342x342, 1558023028427.gif [View same] [iqdb] [saucenao] [google]
18629952

>>18624813
what's that thing on the right?

>> No.18630045

>>18620671
Where do you think you get your money from? From losers like him.

>> No.18630076

>>18611954
lol crybaby, why doesn't he just hodl

>> No.18630111

>>18625887
you'd feel much worse if your options goes up 1000% and you didn't yolo your entire networth in it.

>> No.18630863

>>18629234
So how does the story end?

>> No.18630928

>>18612768
How do you buy a condo without going through a mortgage broker?

Like if I went to a realtor and said "Yo give me this condo" the first thing they'd ask for is some sort of proof that I'm going to pay for it.

>> No.18631224

>>18612598
>>18630928

Usually agents won't deal with you, but anyone can sign a contract to buy a house before they are pre-approved. Hopefully they had a mortgage contingency in there. But the buyer isn't that screwed. They should get their deposit back they just might have some withheld by the seller for the cost of keeping the house off the market.

>> No.18631258

>>18624813
holy shit that black dude is almost invisible on that black background.. the tranny was noticed first and then the negro surprised me

>> No.18631267

>>18631224
>>18630928

Its pretty common to have a "subject to finance" clause in an offer but the genius in the post did not include that

>> No.18631923

I will never ever feel bad for anyone who receives a sizeable inheritance and then blows it.

>> No.18632240

>>18624813
Me on the right

>> No.18632409

>>18620124
You have to go back. Death to all normalfags. Death to all moralfags.

>> No.18632412

>>18617359

Under rated. What a greedy fucking shylock.

>> No.18632441

>>18611954
is this the guy from yesterday who supposedly made 200k on oil shorting?

>> No.18632539

>>18611954
>175k
>invest it all in verizon, a utility style company guaranteed to not go anywhere anytime soon
>comes out to about 3013 shares
>quarterly dividend 2.457 per share
>$7405 every 3 months to so nothing with your money
>28k a year passive income

Some people aggressively seek to not make it when simple answers are right at their fingertips.

>> No.18632540
File: 39 KB, 640x723, 1556497593584.jpg [View same] [iqdb] [saucenao] [google]
18632540

>>18619901
>Because this unironically makes me sad

>> No.18632579
File: 193 KB, 828x581, 1587175982897.jpg [View same] [iqdb] [saucenao] [google]
18632579

>>18620124
>This is very dark. How is this funny?
>>18632409
This

>> No.18632615

Is this just a Reddit thread?

>> No.18632641

>>18632539
That divvie is yearly bud, so divide that by four. Granted, $7k a year aint bad, but still.

>> No.18632653

>>18611978
>"OP is a faggot!"
You must be new here. go back.

>> No.18632661

>>18612972
Ultimate jej. I'll never talk shit about you weirdos again. Turns out footfags can be footChads.

>> No.18632695

>>18612019
Damn dawg
Nice! Keep it up!

>> No.18632734

>>18611954
>High risk
>Baby on the way
A Jew would suggest that he wanted to fail
Oh and probably wants to fuck his mother
But I guess some people are just retarded

>> No.18632741

>>18612019
I am unironically happy for you fren

>> No.18632763
File: 134 KB, 1080x2160, Screenshot_20200331-122231.png [View same] [iqdb] [saucenao] [google]
18632763

Here's me

$1.8m to $200k

>> No.18632772

>>18612723
The sad reality of Australian immigration I'm afraid
t. Chingchongbingbong

>> No.18632773
File: 546 KB, 720x1560, Screenshot_20200422-204621_Brave.jpg [View same] [iqdb] [saucenao] [google]
18632773

>>18616407

>> No.18632774
File: 152 KB, 1080x2160, Screenshot_20200330-150012.png [View same] [iqdb] [saucenao] [google]
18632774

>>18632763
Boeing

>> No.18632793
File: 119 KB, 1080x2280, Screenshot_20200422-224741.png [View same] [iqdb] [saucenao] [google]
18632793

>>18632774
Still gambling

Withdrew $50k a couple weeks ago tho

>> No.18632808

>>18612836
>They would be so confused
No they wouldn't, devaluing currency has been a traditional for a thousand years
Rome, for example, would fuck with their currency pretty much constantly

>> No.18632823

>>18612956
>greedy
I don't invest more than I can afford to lose.
Actually I took the principal out years ago

>> No.18632830

>>18624813
Is this a /biz/ meetup? Looks like one of the most well adjusted people out of most the boards.

>> No.18632854

>>18612972
I don't even like feet
But the power dynamic of getting hoes to show feet is turning me slowly
>Don't go to the West chang
>It will change you dawg
>WHY DIDN'T YOU LISTEN DAWG

>> No.18632894

>>18623916
wtf?? please tell me these two are gay lovers. otherwise this comic breaks my brain.

>> No.18632908

>>18624156
This does sound like a legitimate cope

>> No.18632911

>>18624813
I...Is that Vitalik?

>> No.18632919

>>18611987
Based

>> No.18632927

>>18629234
That is exactly what this is.

>> No.18632941

>>18625832
Based JP, makin pussy niggas get down or lay down.

>> No.18632955

>>18626658
16k is still kinda high for 100k. Did you buy the top AND get raped by fees?

>> No.18632959

>>18629234
eh, atleast sis 1 didn't shit the bed yet, perhaps it's time you offer advice?

>> No.18632985

>>18618297
Based

>> No.18632988

>>18628542
post feet

>> No.18633043

>>18632641
Verizon pays quarterly dont they?

>> No.18633060

>>18632774
JFC. How.... How do you even go on after this? How big a hit is this on your total net worth?

>> No.18633091

Should have just bought an 80/20 portfolio of diversified stocks and bonds

>> No.18633109

>>18633091
What are you fucking 55?

>> No.18633117
File: 24 KB, 657x527, 1519959623112.png [View same] [iqdb] [saucenao] [google]
18633117

>>18611954
>>18632774
>>18632793

Posts like these makes me think we're at or close to the top of the dead cat bounce.

>> No.18633118

>>18632641
Nevermind I get it, the yield is the total annual amt.

Wow, you saved me from making a big mistake chasing divvy stocks. I thought it was 4% every quarter.

>> No.18633197

>>18629443
i only see 2 males, the one on far left and the other far right

>> No.18633207

>>18618098
>money

>> No.18633254

>>18617359
Imagine saving your whole life to pass on something to your child and the dumb faggot loses it all in 48 hours on a YOLO play on leveraged ETFs as opposed to paying off his debt.

>> No.18633266

>>18632539
hurr durr 28k a year.

>> No.18633310

Are you interested in quality Tachyon nodes?
Not to worry as Tachyon network does all in its capacity to help node operators successfully run a high-quality Tachyon nodes

>> No.18633325

>>18612838
With 175k

>> No.18633360
File: 9 KB, 834x129, optionsnewbie.png [View same] [iqdb] [saucenao] [google]
18633360

>>18615771
His suffering brings me so much joy.

>> No.18633577

>>18616407
Hahaha

>> No.18634025

>>18633043
I love watching a brainlet think he's smarter than another brainlet

>> No.18634069

>>18633043
A quick google search looks like they pay out dividends every 3 months

>> No.18634238

>>18632763
>>18632774
>>18632793
Why are you using Robin Hood? It's fine for day trading your lunch money, but for serious stacks, you should be using a proper brokerage.

>> No.18634245

>>18634025
Eat my dick I just didnt know how divvies work.

Not to belabor the point but change Verizon to Energy transfer. 20% annual divvy and you actually get an even higher amt, 30k a year passive income.

>> No.18634300

>>18612343
Based

>> No.18634375

>>18632774
buy some gold faggot
you suck at trading

>> No.18634447

>>18634238
What benefits do proper brokerage have over robinhood?

>> No.18634500

>>18612836
After the fire of Rome Nero heavily debased the roman currency by cutting the percent of silver used in the denarii, and after that point it fell into freefall ever since

>> No.18634523
File: 7 KB, 165x250, 1587501902120.jpg [View same] [iqdb] [saucenao] [google]
18634523

>>18617535
highly based

>> No.18634549

>>18632793
>>18632774
>>18632763
Nigga you’re fucking crazy, flip me $60k of that and we’ll call it even

>> No.18635458

>>18615771
this HAS to be a larp

>> No.18635503

>>18618297
OMG this is so wholesome

>> No.18635544

>>18618297
This deserves more upvotes

>> No.18635559

>>18629234 >>18632959


sister 1 and 2 know some of their orbiters will provide for them and spend money on them, so no worries

men must work to get rich though

>> No.18636622

>>18627414
but it HAVE to go up doesent it? its a historic low, it cant get lower by much.

>> No.18636670

>>18636622
Don't worry anon, things WILL get worse

>> No.18636695

>>18624289
bladecummer 2049

>> No.18636705

>>18636670
but biz told me to "buy the dip" , biz aint lying to me? or does it?

>> No.18636727

>>18618282
>she's alive
she's immortal

>> No.18636754

>>18611954
Maybe a dumb question, but if he went long can't he just hold until oil price recovers once the covid business is over?

>> No.18636876
File: 25 KB, 503x609, 1587186626437.jpg [View same] [iqdb] [saucenao] [google]
18636876

>>18618297

>> No.18637388

>>18612836
>"Fractional reserve banking is scary!!!"
Yes, I too remember the last time people lost deposits in a bank, just almost 100 years ago. It's almost like backstopping losses for deposits with government fist ala the FDIC and similar institutions fixed that.

>"Muh inflation." It's like because Hitler had this to rant about all you tards do. US inflation has been stable since the 1990s when modern policy was put in. All the QE and ECB bond buying has resulted in fuck all inflation in the US and EU. Peak QE had 2% inflation.

>But my government budgets, health care, uni costs, and rents!
Inflation is limited to these sectors for specific reasons. One, mass migration. Housing demand goes way up for to millions of poor migrants who don't earn enough to afford mortgages on new construction. Wages for the working class get hit by competition. Uni demand has gone up from technological change and because most 18-21 growth is now migration driven (migrant kids and kids of migrants) but migrant parents are way less likely to add to the professor supply. Also schools now offer expensive wrap around services. Finally medicine is full of price fixing and rent seeking. Fix migration and American health predation and a lot of that goes away.

>Inflation didn't exist before fiat.
Inflation was rampant and wild before modern central banks. Before agricultural price controls bad harvests would have commodities jump 20% in a year even without debasement. Debasement happened constantly. Banks defaults were more common.

>> No.18637444

>>18611978
Laughing at retarded rodditors is accepted, newfag.

>> No.18638163

>>18619939
This is biz faggot, nobody here is holding Vanguard ETFs

>> No.18638228

>>18620124
>>18632409
You're both faggots

>> No.18638285

ID: 943 1628 2499
password: 9EKAu7

>> No.18638327

>>18638285
Wat

>> No.18638408

>>18637444
Trips of truth confirms it

>> No.18638492

>>18615771
A literal NPC

>> No.18638516

>>18621122
I was in the exact same position as you with shitty neighbours. I sold at the peak of the bubble right before coronavirus hit and made a cool $40k in less than two years. Honestly, sell and move if you’re not happy. Even if you lose a few grand it will be worth it.

>> No.18638567

>>18638327
u go into zoom put in id and pass, so he can hack u

>> No.18638839

>>18619901
Normals aren't people.

>> No.18639464
File: 172 KB, 1024x768, 1587214772179.jpg [View same] [iqdb] [saucenao] [google]
18639464

>>18634447
Not him per say, but I use Webull. More advanced order types, more market data than just HURR GRAPH GO UP, and full after hours trading. Unlike pajeet hood, it also doesn't shut you out during critical times, and orders execute at the price because robinhood skims off money off the top. It's not as good as some of the big boys, but it's about as good as you'll find in the "no fees space" provided you don't have a room temp iq.
Here's a link if you want to give me pennies for it https://act.webull.com/i/undefined/vwu/
Also just remember that at as long as your all time is green, you're doing better than most people lol

>> No.18639491

>>18615185
The shorter is still growing.

>> No.18639892

>>18621122
Start saving to install acoustic isolation inside your sleeping room.