/biz/ - Business & Finance

[Anonymous No.27571033]

I don't know what to do with my money.

[Anonymous No.27571091]

>>27571033
Then clearly you didn't earn it faggot. Spend it all on hookers and blow.

[Anonymous No.27571096]

>>27571033
Give me some. You'll feel better

[Anonymous No.27571245]

>>27571033
Treating your friend anon (me) to lunch would be nice :)

[Anonymous No.27571249]

>>27571033
buy dogecoin

[Anonymous No.27571377]

>>27571033
Do 100x with shitcoins

[Anonymous No.27571521]

>>27571033
The fact that the Quickbooks isn't reconciled is driving me crazy.

Yes I know that it is an old cap. Still bothering me.

[Anonymous No.27571566]

>>27571033
buy $900,000 worth of doge

[Anonymous No.27571668]

>>27571033
Checked
>$1M Bank Balance
>I don't know what to do with my money.
obviously.

[Anonymous No.27571706]

Join the reef bros

[Anonymous No.27571793]

>>27571033
Do you want my bank account and routing #? I'm broke af :(

[Anonymous No.27572130]

>>27571706
This break us over 0.03 brother

[Anonymous No.27572226]

can you give me a highest interest 10k loan? I need a suicide stack

[Anonymous No.27572288]

Man the potential....

My parents have $250k in savings like that, and they let me play with $50k last week, and I used it on XRP, put $50k in and sold at $107k.

Literally made them $57k in a weekend. Well -30% for taxes.

Theyre happy but are saying I got lucky, desu I did, I didnt expect XRP to pump that soon, I did it assuming it would take months or a year.

[Anonymous No.27572290]

>>27571033
buy farmland.
grow something like rapeseed make diesel
sell it to independent diesel stations
sell farmland for profit if you get bored.

[Anonymous No.27572408]

go to transport truck school
learn basics working for a broker
buy your own truck and become your own bonded broker
get paid to travel

[Anonymous No.27572409]

>>27571033
im 30 years old and have only 2k in my bank account with 8k debt, a fine art degree, and am a virgin/never had a girl interested in me. I also live mom dependently.

can we trade places PLEASE

[Anonymous No.27572435]

Could help a sickfag out.
But you don't have to, be wise with your earnings friend. >>/biz/thread/27439361

BTC> 3DucakAPUvkMcQRe1YLAQRw18wat3wPJtz

ETH> 0xcF3Eec3d91b3B2D5239fFd8326b357478DBa1Fbe

[Anonymous No.27572501]

Id put a quarter of it into a depressed REIT and just live off of that. With 250k worth you can easily pull in 70k/year in two years time and never work again in your life. Use the other 750k for safe investments, 10% crypto, 5% PM. Or a house if you don't have one.

However if I had that money, I'd still put money into the REIT, but I'd hold onto the rest until this time next year to see where the economy and Covid is. I have a feeling that we're going to be seeing some draconian shit soon in the US

[Anonymous No.27572512]

>>27572409
Buddy I wish I had 2k and only 8k in debt and had a degree lol it could be worse you could be me

[Anonymous No.27572564]

>>27571033
use it to make more money, 1 million is nothing

[Anonymous No.27572572]

>>27572409
Wtf were you thinking that degree would prove?

[Anonymous No.27572574]

>>27572409
maybe you should think of things other people might want and write those ideas down think of something you can afford as a business.

if you're artistic you might be good at cutting lawns.

send out flyers now that it's winter, get your first few customers for the spring, then

get a cheap car and throw a lawn mower and trimmer in the back.

[Anonymous No.27572579]

Invest some more and live even more comfortably once you reap your earnings.

[Anonymous No.27572620]

>>27571033
Maybe try reconciling your books you unbalanced fuck

[Anonymous No.27572659]

>>27571033
buy ETH and have the same problem in 3 months but with 5 million

[Anonymous No.27572684]

>>27571033
you might as well let it sit in spy or voo with trailing stop losses or give it to vanguard while you come up with whatever you are going to do with it

[Anonymous No.27572710]

>>27572409
when i say cheap i mean like an older used focus or camry for like $1800, keep some cash, and buy mower and trimmer on credit or ask parents for a loan. i really hope you don't live in the desert.

[Anonymous No.27572748]

>>27571091
This pussy doesn't even order out I bet lmao probably a yid fly

[Anonymous No.27572757]

Not gonna lie, but you could change my life 180 degrees if you gave me about three fiddy( nah por seriously, fucking 50,000 would literally set me for life)

[Anonymous No.27572778]

>>27571033
buy bitcoin

[Anonymous No.27572793]

>>27571033
>>27571566
This. Drive up Doge and spread the wealth.

[Anonymous No.27572796]

>>27571033
Invest all of it. Youre still a poorfag

[Anonymous No.27572807]

>>27572757
Shit 3000 would get me a car so I could drive to my doctor's appointments, 50k brah might wanna bring it down a notch.

[Anonymous No.27572811]

>>27572409
check your neighborhood with google maps satellite and find all the houses with pools.

send advertisements for pool cleaning to those houses either by foot or post office mailing list. when you get replies buy the equipment.

pretty easy, just skim all the crap out of their pool once a week.

[Anonymous No.27572839]

>>27572620
Based accountant

[Anonymous No.27572840]

give some to me op, im trying to start a little insurrection

[Anonymous No.27572851]

>>27571033
See the world, find a passion, get married and provide for your family, be a man

[Anonymous No.27572907]

>>27571249
This. Pump it so i can get my 25% back

[Anonymous No.27572916]

>>27572796
^^

[Anonymous No.27572927]

>>27572574
Nah niggas I'm graduating with a second degree in IT and got 2 years IT security internship exp, gonna make it bros

how do I get rid of the virginity part without buying it though

[Anonymous No.27572976]

>>27572572
My parents and my career counselor said get "literally any degree" and I could easily get an office job if my dream didn't work out because thats what they did. Turns out offices have a glut of unemployed business majors to hire and a meme major gets nothing now

[Anonymous No.27573029]

>>27571033
Buy more money.

[Anonymous No.27573063]

buy an old tire and deliberately break things like the valve stem, puncture the tread, and patch it.

then, find gas stations that you pay to put up stickers on the air pump advertising your service.

with the right tools do on the spot air leak repairs.

jack em up, tire off, find leaks, patch. easy stuff. could probably get like $30-50 each time.

[Anonymous No.27573072]

>>27572976
i literally got an office job testing vidya when i was 18 and had no resume or degree u just arent lying hard enough

[Anonymous No.27573078]

>1 post
Buy a house, buy land, if you don't have at least 80 acres of privacy you don't have shit.

[Anonymous No.27573185]

>>27572807
50,000 dollars, I'm from Mexico, a million pesos would allow me to put my dental office, start buying a house, pay all the debt my retard lovely family has accumulated over the years, yeah, for life brah

[Anonymous No.27573280]

You could turn a fraction that to 10mill easily within 2 or 3 months by buying Xfund. The most legit oracle since Link and it hasn't mooned yet so its like buying link at ico prices.

Fully functional oracle with its own blockchain and ecosystem, market cap under 2mill and under 3000 supply. This is a YFI tier token at under 1k right now. I shouldn't have to say anymore.

When you make it I want my finders fee
0x8e49BBe96A04850c43cd2B2f023A6bf515513336

[Anonymous No.27573442]

>>27573280
boooooo

[Anonymous No.27573449]

>>27573185
You believe Americans are rich?

50 grand to any American is life changing money.

[Anonymous No.27573499]

>>27572976
do something other people need or want to be done that is easy for you to do/

[Anonymous No.27573501]

>>27571033
Fuck off glownigger trying to bait in richfags

[Anonymous No.27573580]

>>27573449
Alright 10,000 take it or leave it

[Anonymous No.27573582]

>>27571033
Do you have any hobbies anon? Dont use that money on a stupid rich hobbie, go find something you enjoy colecting that make you happy if that is your type of stuff. Good Hobbie for rich people.

[Anonymous No.27573584]

>>27572976
go practice something people actually want

[Anonymous No.27573648]

>>27572976
correction. get good at something other people NEED. something that's in every house.

[Anonymous No.27573663]

>>27571033
maybe give a fren some to help him start investing

0xc017753875B7ac34D0838F96b77808840fBe1F3B

[Anonymous No.27573665]

>>27573442
Your suggestions in this thread show that you are poor. Please do not talk to me again as I was speaking to the OP only. Jeets are priced out.

[Anonymous No.27573738]

>>27571033
Buy SPY and live off modest gains.

[Anonymous No.27573793]

>>27572976
with that few thousand
go learn to weld and get a job at a car factory
harbor freight, princess auto has welding tools
if you're an artist you would probably like welding.

[Anonymous No.27573886]

>>27573665
hah, why would you go around telling everyone in public your dollar wealth. easy way to attract the wrong attention.

[Anonymous No.27573928]

BTC> 3DucakAPUvkMcQRe1YLAQRw18wat3wPJtz

ETH> 0xcF3Eec3d91b3B2D5239fFd8326b357478DBa1Fbe

I'll raise your rare pepe for a cute kitten.

[Anonymous No.27573945]

>>27572501
>Id put a quarter of it into a depressed REIT and just live off of that. With 250k worth you can easily pull in 70k/year in two years time and never work again in your life.
How? You’re saying you can make $70K/year off of $250K forever? Why would you stop after 2 years? Confusing statement

[Anonymous No.27574001]

I'm not licensed to give out financial advice, nor is anyone else on this board. That said, if I had your money, I'd put most of it into a broad range of stocks, and live comfy off the dividends.

[Anonymous No.27574018]

just under 30% a year

[Anonymous No.27574025]

>>27572409
>8k debt
That's nothing man, you can pay that off with a McDonald's job if you live in a cheap apartment for a year.

[Anonymous No.27574067]

>>27571033
get into antique firearms and cartridge handloading, very based and expensive hobby

[Anonymous No.27574087]

>>27573945
he tracks the s&p 25 with scripting language hft

[Anonymous No.27574149]

>>27573648
>in every house
No, in every business. You will make bigger, more expensive shit

[Anonymous No.27574355]

>>27574149
smart people sit down in the morning with a cup of coffee and write down business ideas, and evaluate the most efficient to start up.

[Anonymous No.27574363]

>>27574067
Cool guns, my Great grandfather mass produced longrifles before and during the Civil war, still can find em for around 500 each.

[Anonymous No.27574398]

>>27574087
You’re over my head bro I’m retarded. Who tracks it? What’s hft?

[Anonymous No.27574483]

>>27574067
One thing I’m gonna do when I make it is buy a bunch of historical artifacts and memorabilia and fossils and stuff and put it all in my study/library. Will be so fucking based

[Anonymous No.27574512]

>>27574067
this is how i believe one of the american immoral class billionaires started his fortune. bought up civil war guns refurbed them sold them back to government world war 1 and collectors.

[Anonymous No.27574568]

>>27574398
standard and poor keep records of the best performing stable stocks.

based on those records you can use automation and knowledge of candle chart movements and trends to pick and choose.

[Anonymous No.27574577]

STOP POSTING THIS FUCKING THREAD. how many times have you posted? 100 times now? over a year? or is this a pasta and im dumb?

[Anonymous No.27574630]

>>27572409
Go work at place with pretty girls, meet girl coworker, marry pretty girl coworker

[Anonymous No.27574662]

>>27574363
Neat, i got a 1861 springfield converted to smoothbore, might be bannerman. What did your great gramps make?

[Anonymous No.27574675]

>>27574398
automation of trades might be something useful for emerging companies say lower on the s&p but moving

[Anonymous No.27574719]

>>27571033
Charity

[Anonymous No.27574739]

>>27574398
i would guess the top of the s&p is hold and collect dividends but also requires the most investment and reading the paper listening to the AM business news, reading company's shareholder meeting notes.

[Anonymous No.27574773]

>>27574512
no how it goes is entrepreneurs buy up surplus after a war dirt cheap and sell them to civilians (like the mentioned springfield/bannerman) or foreign countries, you cant really sell obsolete gear back to the gov for the next war. Bannerman got his springfield rifles so cheap he used the barrels as rebar in his private castle

[Anonymous No.27574774]

Sell covered puts and calls with spy

[Anonymous No.27574792]

>>27574662
Not super familiar with guns in general especially older ones but Percussion rifles?

[Anonymous No.27574819]

>>27574773
jp morgan if i recall proper

[Anonymous No.27574880]

>>27574792
nice, think it was just a private thing or was he producing rifles for uncle sam?

[Anonymous No.27574912]

>>27574773
You might be more familiar but those are some of his.

[Anonymous No.27574942]

>>27574819
ah my bad i thought u were just generalizing

[Anonymous No.27574948]

>>27571033
Easy, give it to me.

[Anonymous No.27574962]

>>27574880
Not exactly sure I think both, I don't have a ton of history on him besides the fact that he was a gunsmith and later found he wasn't just a smith but had a larger factory in Ohio.

[Anonymous No.27575059]

>>27572288

God damn is this really what low IQ/poor families are like? I don’t have the slightest clue how much my parents have but I know it’s in the 7 figures. They would never so much as lend me $1000 for investingc let alone GAMBLING on some shitcoin. What kind of 50 something boomer gives their retarded kid half his life savings to go play the shitcoin casino?

[Anonymous No.27575089]

>>27574912
i thought those were just some pics you yoinked off of google as an example, those are really impressive. If yo u want to see how much work it takes to make and inlay a dang patchbox look at duelist1954's channel on youtube or the short movie Colonial Gunsmith, which I think is on youtube too. Both are out of your grandpa's time but it gives an idea

[Anonymous No.27575201]

>>27575089
I'd say his name but don't wanna dox myself lol but i'll say his name is John and his company had Son's in the name and was from Ohio but no those are his, I'm a poorfag but one day if I get healthy and sound I wanted to collect as many as his guns as possible.

I was suppose to inherit his tools but they "vanished"

[Anonymous No.27575252]

>>27571033

invest in limited physical assets that are being bought en masse like land, silver, housing, etc

the value will only go up over time

[Anonymous No.27575274]

>>27571033
>What 'to do' with your money
Are you retarded? Live off the interest, pursue your passions, try new things, meet new people, learn, and help others. This is the path to happiness.

But since you're a retard you'll spend it all of consumeristic garbage like luxury cars, watches and toys that don't make your life any happier

[Anonymous No.27575296]

>>27575059
Chill dude.

[Anonymous No.27575307]

>>27571033
If i personally had 1/9th of that I'd be starting video game studios, and also shooting Indie movies to sell to streaming services.

[Anonymous No.27575387]

>>27575274
If I had that money I would absolutely buy an expensive car, that's my main reason for trying to make money here. I'm not saying waste more than 10% of it but what's the point of being rich if you cant enjoy it a little?

[Anonymous No.27575479]

buy property

[Anonymous No.27575489]

>>27572288
>>27575059
Retard hes lying, theres no chance that happened

[Anonymous No.27575513]

>>27575387
this is the only car I will ever want and need in life, anything else is gaudy

[Anonymous No.27575708]

>>27575387
Because buying shiny things will not make you happy. Human beings are always wired to want more, the hedonic treadmill is just that, a treadmill. No matter how many fancy things you buy, it won't being you closer to happiness. New toys grant a fleeting dopamine rush, then you're looking for the next hit, the next thing to buy.

Don't use your money to buy things, use your money to buy experiences, free your life of obstacles and enable you to achieve self-actualization. Devote yourself and your life to something. In this, you will find purpose, meaning, and happiness.

[Anonymous No.27575728]

>>27575201
thats badass man, good luck to you
"john from ohio" i almost though u meant john browning lol

[Anonymous No.27575939]

>>27575387
i cant wrap my mind around buying something that's over 100k that will literally decrease in value over time but thats to each their own and i get the desire to want to own a crazy supercar because you can go do insanely fun sshit with that

[Anonymous No.27575967]

>>27571033
Silicon Valley Bank if anyone is wondering

[Anonymous No.27576048]

oh wow like 5 years salary in fiat currency

[Anonymous No.27576051]

>>27571033
Buy ETH and make even more money. Just accumulate money because it's fun to take it away from others.
That's the whole idea of /biz, we just enjoy accumulating money and making sure anyone else don't get it

[Anonymous No.27576140]

>>27576051
You can get one 700 square feet (60 m2) apartment from Finland from these towers with that amount, but pretty much nothing else.

[Anonymous No.27576190]

>>27571033
>imagine not having at least a million dollars in your account.

You do realize that all you have to do is buy the market with index funds right? It’s literally free money; stocks always go up.

[Anonymous No.27576678]

>>27574739
Ok so seems involved and not just dump your $250K in some sort of index and collect $70K per year. I’ll stick with staking LINK

[Anonymous No.27576747]

>>27571033
Ahh dude, stake it plenty of decent platforms out there... take a look at MantraDAO or Fleta's respective wallets and staking capabilities.

Also, Handy is a great little app for earning even more cryptos for further staking over time ;)

[Anonymous No.27576936]

>>27571033
yes you do, make more thread to brag about it on /biz/

[Anonymous No.27577014]

>>27571033
bro sneed me some I just have $50 in my chase account please

[Anonymous No.27577118]

>>27575728
Oh god no Jannie got me btw, I'll give you a better hint, Last name sounds like Hat Trick but more gErman.

[Anonymous No.27577208]

>>27573280
Fren I will throw a little to xFund and if it bumps hard I will send you something as I didn't know about it, but you shouldnt beg here. No one really cares, this is not reddit

[Anonymous No.27577568]

>>27576747
Staking is a good move, getting a passive income without taking huge risks.
The first coin I staked was NAV coin back in 2016 made me some nice gainz

[Anonymous No.27577618]

>>27577208
This was not a beg I’m not on here guessing like these retards. I’m giving the surest bet in the market right now and right before it gets mainstream attention (YouTubers just noticed it). That was financial advice and when it hits 50k per coin and outpaces YFI any anon that listened will know they owe me a Jew tax. You would gladly pay an actual Jew for a sure thing so pay your brother as well.

[Anonymous No.27578285]

>>27575489
Cope harder

I’ve been shilling crypto to my parents for a decade and they never believed in it until they started seeing its growth over the years and since I shilled it for so long they trust me

[Anonymous No.27578404]

if you don't want your money buy doge and rubic

[Anonymous No.27578716]

>>27571033
go all in on GME and you might be a billionaire on Friday.