/biz/ - Business & Finance

[Anonymous No.25897489]

My buddy doesn't want to invest because he thinks it's not right..
Says people should work for their money, and he doesn't want to be rich and maybe just become a manager at a store.
he also keeps leaving the group chats as soon as we start talking about investing

I know most of the replies will be
>just let him slave away etc

but I actually want the best for him

[Anonymous No.25897548]

>>25897489
don't fucking harass him, you degenerate

[Anonymous No.25897599]

His parents raised him a cuck

[Anonymous No.25897601]

>>25897489
send this to him

[Anonymous No.25897628]

>>25897548
i don't, i just talked to him about it once he just said "yeah that's interesting and good to know but I don't want that"
simple

now he starts getting pissed off

>>25897599
>>25897601
real response on how to help him would be appreciated

[Anonymous No.25897639]

thank him for his service

[Anonymous No.25897652]

It’s fine. Let him be rich on RuneScape instead.

[Anonymous No.25897657]

>>25897489
He's a normie who has to keep his mind busy and day structured. Leave him alone.

[Anonymous No.25897678]

>>25897628
yes, because he doesn't want to gamble in shitcoins, respect his choice and stop harassing him

[Anonymous No.25897746]

Do not cast pearls befoee swine

[Anonymous No.25897765]

>>25897678
i told him to buy prq at 0.009

[Anonymous No.25897801]

Tell him if he doesn’t invest at all he’ll be earning his dollars legitimately right up until the day he dies and leaves his family broke and destitute

[Anonymous No.25897833]

>>25897678
no but seriously he doesn't want to even put his savings into stocks or gold, yes i taught him about inflation
>>25897801
i did

[Anonymous No.25898232]

>My buddy doesn't want to invest because he thinks it's not right
Your buddy is a fucking idiot. No amount of wagecucking will ever outperform owning assets.
>average nurse
Saves lives, horrible hours, is the only person caring for your dementia ridden grandma while you shitpost, makes like $60K a year
>average schmuck with $2,000,000
Puts it into a low-risk ETF that pays out 4% annually and makes $80K a year doing absolutely fuck all

Sorry, but when the government spends money, the reason they don't spend it on people is because they are quite literally a horrible performing asset. For every $1 they give you, they only get like 6% after each transaction, and if a dollar only goes through 5 transactions, the government ends up getting like 15 cents back. That's something like a 85% loss. The FED isn't going to ever expand its spreadsheet into you or your friend, it's going to expand its spreadsheet into Tesla and low risk housing ETF's. Meaning inflation occurs, meaning your friend is getting fucked up the ass, AND he doesn't want to put on the lube when he can freely. That's double the gay right there
>your friend
>pic related

[Anonymous No.25898637]

>>25898232
damn..
you know the buddy in question is a pretty good Artis, i told him, imagine if you didn't have to work and just spend time doing art and or working on a game etc
i think he liked the idea but now he somehow doesn't seem interested again

[Anonymous No.25898929]

[Anonymous No.25899394]

>>25898929
wrong thread?

[Anonymous No.25899624]

>>25897489
Your friend sounds like he'd be fundamentally unhappy with wealth, or maybe came from family who taught him to only trust cash in hand as a safe store of wealth one way or another. A lot of people are raised with the idea of hard work = success deep in them. Give him an esteemed role in a business you start but don't really want to run.

[Anonymous No.25900096]

your friend doesn't understand that this is a CAPITALIST society under which CAPITAL, not labor actually rules. just do this >>25899624

[Anonymous No.25900170]

>>25900096
yeah that's basically what I would like to tell him, how do I do it
maybe some explanation how the world is fucked and the only way to escape is thought investing etc

[Anonymous No.25900500]

>>25900170
he has been conditioned through schooling and probably his family, maybe even genetically, to be extremely risk averse and taking risks is probably extremely painful for him psychologically. there is nothing you can do, unfortunately.

[Anonymous No.25900589]

>>25900500
he also likes to gamble... like a lot
what the fuck man

[Anonymous No.25900620]

A starving person would do his work for fifty cents. Humble is when you are smart and don't judge people. He obviously judges rich people.

[Anonymous No.25900679]

>>25900620
if not the risk taking, then probably this instead. he probably hates rich people psychologically(boss etc) so there's a 0% chance he will want to become rich

[Anonymous No.25900686]

>>25897489
kys

[Anonymous No.25900778]

>>25897489
Tell him every day how much you're learning about running a business now that you have free time from not going to work. Show him that the money lets you live his dreams while he goes nowhere.

[Anonymous No.25900890]

>>25900778
i should have mentioned he doesn't want to make a business
he said he wants to "work himself up in the ladder" or something

[Anonymous No.25900937]

>>25900890
You get the luxury of owning the fucking ladder. And then you can own more ladders and make an actual difference in this world while this faggot stocks shelves.

[Anonymous No.25901003]

he's actually using his limited economic power to make everyone's life slightly worse by being an inefficient consoomer whore if you think about it

[Anonymous No.25901116]

>>25901003
so not investing and instead working, is being inefficient? isn't that the other way around

[Anonymous No.25901415]

>>25897489
Tell him that it's actually moral to invest, he's giving money he doesn't use to people to actually need to capital to make products people want.
Of course no one ever buys stock from the business but he's not gonna know that.
One of the reasons why im bullish af on defi too, imagine culling and fiscally castrating all the parasitic middle men in finance.
Anyways, if he's religious just remind him of the parable of the talents and imply he's going against god's wishes if he doesn't multiply his money.

[Anonymous No.25901520]

>>25901415
kek
he's a turk so i guess he's a muslim

[Anonymous No.25901596]

>>25900890
>>25901116
>>25900589
>>25900170

The brainwashing is astounding. Most people just use coping mechanisms to hate things they want but don't believe they can acquire due to external reasons. I tried with my best friend as well. They have no concept of finances and are told by mainstream society/marxist or socialist propaganda its impossible to go from poor to wealthy through your own will/actions. They think its luck for the most part. I told a friend to buy LINK at around .50 and to risk just $1000. He wouldn't do it and was clear he thought it was akin to just flushing the money down a toilet. I was up over 100% at that point. Our relationship became strained because I accomplished what he thought wasn't possible(95% percentile of wealth for my age from 2 projects) and it destroyed the veil that his world view might be incorrect. I see regret in his eyes and it seems more than just "I wish I would have invested."

[Anonymous No.25901928]

Tell him to read Atlas Shrugged. He probably won't though.

[Anonymous No.25902108]

>>25897628
>real response on how to help him would be appreciated
Is he into philosophy? Discuss slave vs master morality

[Anonymous No.25902144]

>>25897489
Are you stupid. You’re gonna make him go broke be very careful who you talk about this stuff with

[Anonymous No.25902223]

>>25897489
he doesnt want the best for himself, so who cares. if your friend is an adult (seems like u guys are 13 yo) then he should just be a slave as he wishes.

[Anonymous No.25902265]

>>25897489
Friend sounds like a lil bitch desu

[Anonymous No.25902329]

>>25901116
>isn't that the other way around
You should honestly be shot for thinking letting money rot and working like a dog is better than actually contributing to the economy by using money meaningfully instead of on stupid shit.

[Anonymous No.25902450]

>>25899624
this. make a cagie for your wagie friend and make him work 50 hrs for his 40hr salary always telling him youll give him a raise once he's earned it while you just do literally nothing

[Anonymous No.25902562]

>>25897489
He's unironically right if I had his morales I wouldn't invest either, the ultimate goal of investing is to just be a leech on productive society

[Anonymous No.25902619]

>>25897765
Told my dad to buy chainlink at like 30 something cents lol. If I wasnt a brainlet and just figured out how to turn 150 bucks into whatever it is.....