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/biz/ - Business & Finance


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26231618 No.26231618 [Reply] [Original]

Normies think crypto and stocks are too risky and they unironically think they're smart by putting their money in a "high interest" bank account with a 1% interest rate.

>> No.26231798

>>26231618
>Why yes Mr. Goldstein, I’d love to put my 401k money in your high fee mutual funds! Gotta pay for that expertise you know.

>> No.26231855

>>26231798
yes
normies also believe that mutual funds are better than index funds despite the fact that mutual fund managers can't beat the market.

>> No.26232299

>>26231618
used to pay this girl to piss and shit for me
i'd give her 50 dollar and she'd spend it on bullshit by the end of the day
talked to her years later and she only demanded more money

so yeah, normies who defile themselves for money then waste all the money are never gonna make it

>> No.26232406

>>26231618
>new phone constantly
>10 streaming services
>loot box monthly subscription
>eating out constantly

>> No.26232430

>I love my job at Mr. Goldberg's place , it gives my purpose!

>> No.26232693

>>26231618
>Expensive clothing
>new consumer tech item every year/six months
>living alone when they could stay with their parents

>> No.26232713
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26232713

I always ask Normies what they would do if they had a Mil right now and they all always answerer with pay/buy a house. Homes are the most shitiest investments ever. Even if you rent it and buy another you only get a 7% return at best when shitcoins easily due 7Xs.
Locking in a house with a low payment is ok but why bother paying it off.

>> No.26232754
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26232754

>>26231618
>1% interest
Kek, it's much much worse than that, pic related is my bank

>> No.26232820

>>26232713
yeah but you can live in it. Everyone should own the place they live in

>> No.26232890
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26232890

LIMITED TIME OFFER ACT FAST... WE PRINT MONEY AND LOAN IT OUT AT INTEREST, SO WE CAN AFFORD TO GIVE YOU OUR VALUED CUSTOMER SUCH GENEROUS OFFERS

>> No.26233380
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26233380

Just put all your money in shitcoins and hope you picked the right ones kek.

>> No.26233871

>>26232713
lmao, shitty investment? Yikes... rentfag detected. The downsides are property taxes and insurance BUT if you buy wisely in the right area your gains will far exceed those expenses... my property tax and insurance is about $12,000 per year and my home is appreciating at a rate of about $6,000 per month for the last 2 years. I've spent probably $10,000 on maintenance because I like to keep my shit nice. You do the math.

>> No.26233929

>>26232890
A FREE 30 POUNDS A YEAR?!?!?!??!?! THANK YOU EVER SO MUCH MR. GOLDSTEIN! PLEASE CUT MY FORESKIN OFF

>> No.26234058

>>26233871
Renters never get it. Don't waste your breath