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/biz/ - Business & Finance


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52921426 No.52921426 [Reply] [Original]

Why is so dificult for retards and normies to not understand the only possible way to get rich is with a fucking job that makes you lots of money because your skills are in huge demand for some reason in your industry.

Why is so hard to understand wtf is a fucking nigger economic real use and purpose.

Anything that doesnt serve a real economic purpose as the source of their income, It's simply 100% of the times, a ponzi or a pump and dump or other centuries old variations.

There's nothing else really to this how do I get rich stupid question.

>> No.52921428

>>52921426
Trump NFT baby

>> No.52921436

>>52921428
a scam.

>> No.52921636

>>52921426
>Muh heckin joberino

>> No.52921641

>>52921426
Retard. I literally almost retired. Kys

>> No.52921650

>>52921641
In my mid 20 no less
>>52921426
Also you're not rich. You'll never be rich because you suck dick at basic math. Do the fucking math. No wagie makes enough to become rich. Shove your propaganda bullshit down reddit's throat. Not here

>> No.52921939

>>52921426
>the only way to get rich is with a job
probably the dumbest thing I've ever heard.

>> No.52922006

Finding a business partner has been hell.
Educating myself, saving up stacks of cash, slowly buying assets.
I am in such a good place to fund and advise on a business plan. Where do I find someone to back?

>> No.52922879

>>52921426
What jobs pay lots of monies for entry level meme degree havers with low skills?

>> No.52922912

>>52921426
>the only possible way to get rich is with a fucking job that makes you lots of money
exremely false and midwit cope

>> No.52923041

It is extremely important to make as much money as you can. However, doing so is not enough. Even some of the wealthiest people live like poors who live paycheck to paycheck. The important factor that is missing is the mindset of a trader. Being able to identify value will not only help you make good trades, but will also help you avoid consoomer pitfalls.
The truth is, 90% of all jobs are underpaid and the entirety of the system is geared towards benefitting capital over labor. The name of the game is these types of situations is to create an exploitable NPC class for the rest of us to live off of. Middle class retards take the high paying jobs and then fall into the 'rat race' chasing after a lifestyle.
The big secret to the American Capitalist system is to take advantage of the capital markets here, while also never biting off more than you can chew. This is a country of financiers and middlemen, and services. People are looking to take your hard earned money and the trick is to not give it to them. Let the NPCs run on the hamster wheel while you accumulate assets. You let them slurp down their goyfeed while you cook at home. You let them pay off the $70,000 Tesla while you drive the $10,000 used car. You let them chase after an ideal they can never grab ahold of while you own assets that pay you money. The amount of money I make at my day job is peanuts compared to what you can scalp out of a trade these days.

>> No.52923053

>>52921641
lyk omg literally almost nearly literalyl OD'd on litranyl
yas kween!

>> No.52923062

>a job makes you rich
The only jobs that make you rich are being a CEO of some mega corporation, the rest is just upper middle class at best

>> No.52923077

>>52921426
you're only partly right. few people ever get rich from a job -- basically executives, partners in professional services firms, or successful business owners (very hard to pull off.)

however, having a high paying career with a versatile and in demand skill set is a great way to secure a middle or upper middle class standard of living. if you aren't a complete retard, it is far, far more likely to occur than doing a 1000x on poopoo peepee coin or whatever.

>> No.52923089

AVG job - 60k a year
Let's say realistically you can save 10k per year on that income

Hmm

1mill / 10k per year = 100 years

I invested 25k in btc 5 years ago.
I withdrew 1mill at top.

900k after tax / 5 years = 180k per year.

But just get a job bro. It's better than crypto

>> No.52923095

>>52921426
>just be in the upper 10% income bracket of the population to be able to outrun inflation bro
great advice

>> No.52923143

>>52923089
>AVG job - 60k a year
his advice was to have an in demand skill set. if you're a decade into your career and you're still making $60k you're a retard who 1) never progressed beyond entry level or 2) chose a shitty, dead end career.

>> No.52923181

>>52923143
Okay

60k starting salary for a junior.

Let's say it takes you 3-5 years to progress to senior. Let's say they put you on 100k per year.

Okay, so you've probably bought an expensive car, you've probably purchased a home or are beginning to purchase a home. You might have children to feed as well.

Hmm

If I earn 100k per year, let's say realistically I can save 20k per year

1mill / 20k per year = 50 years.

Okay well that is better but still no dice

>> No.52923227

>>52923181
continue advancing. it's a game of politics and chance in the upper levels, but most people (assuming they aren't literal retards) can advance to low level management in their careers. i work in accounting. accounting manager is typically 5-7 years of experience, $120-150k/year. and my addendum to the OP's post was that you'll never get rich. you will, however, secure a middle or upper middle class standard of living.

>> No.52923249

>>52923181
This is why it is so important to learn the mindset of a trader. Your wages are impotent in terms of building wealth as everyone wants to pay you peanuts. So you NEED the compounding interest and dividends just to keep your head above water while the banks and government steal your money every single day.
Right now, there are trades brewing that can put even the lowliest wagie onto the fast track of success. Know what it is? I do. You just have to sit and be patient. Buy things cheap and resell them for more. You have to be proactive with your money and at every turn refuse to hand it over to someone else.

>> No.52923268

>>52923227
>Average people in low level management
Kek just goes to show any basic retard can work their way up to micromanager cuck status.

>> No.52923273

>>52923181
>>52923227
also $20k/year invested at 5% inflation adjusted rate of return is $950k after 25 years. or $4.2 million after 50 years.

what's the alternative to this? forsaking your career, blindly working some retard tier job for $40k/year, and investing $2k a year into poopoo peepee moon shots that return -95%?

>> No.52923276

>>52921426
working for money is a ponzi

>> No.52923278

>>52921436
>>52921426
jewish demoralization thread #267316
think about it, why would OP make this thread?

>> No.52923281

>>52923268
okay then have fun being poor for the rest of your life. see also >>52923273

>> No.52923303

>>52923273
who fucking cares if you're a 'millionaire' when you're 80 years old, people invest in poopoo peepee coins because they'd rather gamble on a moonshot and have money while they still know who they are than have their no capping broccoli perm vulture kids waiting for them to die to take all their wage slaved money

>> No.52923321

>>52923303
this is the same rationale that minimum wage poorniggers use, when they blow their minimum wage paychecks on scratch off tickets. and then every now and then they'll """"win""" $50 and trick themselves into thinking they've come out ahead, as they ignore the thousands of dollars of cumulative losses.

>> No.52923324

>>52923273
This is the only safe bet here. Only problem is 25 years is a fucking long ass time bro

>> No.52923329

>>52923303
This is my mentality as well it’s clear the world is only going to be shittier when I’m older so I may as well try to make it off a high risk gamble so I can enjoy life while I’m young and the world isn’t as shitty as it will be down the line

>> No.52923332

>>52921426

>>52920617
>>52921351

These are the only good threads on >>/biz/ right now.

>> No.52923333

>>52923053
what the fuck are you even trying to say here? Fucking retard alert

>> No.52923334
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52923334

>>52921426
>this is the dumbest board on this site
>a post I didn’t even read
There’s this thing called a learning curve and most of the anons here, like with any curve are at the part where they are retarded. There are some really intelligent and well knowing anons on this board but you also have to know enough about the subject yourself to know when someone is full of shit. Also, markets are made from people taking bets on opposing ideas. Get fucked :)

>> No.52923365

>>52923321
Yeah and you end up with jack shit in the end anyway. Also, unless you're a bag holding retard you're most likely going to come away with something even investing in the stinkiest shitcoin imaginable. Your problem is you only see the return at the bottom of a bear market, but traders aren't gambling on microcap shitcoins right now.

>> No.52923435

>>52921426
>>only possible way to get rich is with a fucking job

Stopped reading right there.
Get out you fucking tourist boomer

>> No.52923451

>>52923329
This is really the only way to go nowadays, 4.5m is probably the cost of a 2 bedroom suburban home in 50 years anyway. Might as well try to strike it rich and go live like a king in Thailand or some shit than wageslave for a jewish boss so you can have 4m when you're 80 years old.

>> No.52923478

>>52923451
Premarital sex is illegal in Thailand bro

>> No.52923500

>>52923478
Well, was only an example, there's plenty of other underdeveloped countries you can buy a mansion in for the cost of cardboard box in an ant farm in the US.

>> No.52923523

>>52923478
>>52923500

No it's not that's indonesia

>> No.52923580

>>52923523
Fucking indo.so no more Bali tranny 5 dollar sex no condom.

Thailand ladyboys will be very popular now!

>> No.52923693

>>52921426
>the only way to get rich in capitalism is to work for someone else
lol lmao even. it's literally in the name CAPITALism. acquire CAPITAL

>> No.52923752

>>52921426
>only way to get rich
>job
Most retarded thing I’ve ever read.
A job is the hardest way to get rich.

It’s hilarious how the most pompous people here are the most retarded.

>> No.52924486

>>52923752
A job is the hardest way to get rich but having a job is the simplest way to generate cash flow, establish a base line so you can take out lines of credit, game the job itself, network, learn skills you can monetize.
A job is a base layer. You don't 'need' a job, you can go other paths but it's a pretty safe build especially if you're trying to break out of poverty and basically have to figure all this shit out on your own. You can always drop the job later, as well.

>> No.52924515

HOLY HECKERINO JUST GET A JOBERINO YOU FOOLS, WORK 60HRS A WEEK, PAY YOUR TAXES AS ANY GOOD SLAVE SHOULD, RETIRE AT 65 AND JUST BE HAPPY, IT'S THAT EASY FOLKS, DUHHHHHHHHH!!!!!!!!!!!!!!!!!!!!!!!!

>> No.52925404

>>52921426
Lol

.t 27 y/o havent worked a job in 5 years. Appartement paid off, car paid off. Started in crypto with 30k

>> No.52925472

>>52923041
I am fully onboard with this mindset! Where can I learn more? Any resources you can recommend?

>> No.52925676

>>52923041
It's always been easy for me to do this because I just value my freedom more than material things.
Even when all I knew about was shitty index funds I used to work all the time just to pump them up because I knew that at some point I would figure out something better to do with money and when that time came I would want the money to do something with. I was right and I got an opportunity to invest with an actual businessman I know and it worked out well. Before all of that I was also very interested in learning about real estate investing so I devoured a ton of information on the subject. For the last few years I've been very involved in crypto and I've been learning about trading, risk managment/taking profits, how to read charts, etc etc. Between all of that I have a very wide knowledge base so it's easy for me to scan across different markets and have a good idea of where I should deploy my capital, if I should be deploying it at all.
Most people on this board probably have an autist tier desire to learn information and when you combine that with a natural passion for gaming you put the two together, realize you can 'game' anything - especially financial markets, and it really changes your life for the better.

>> No.52925755
File: 5 KB, 237x212, wageslave coomer.jpg [View same] [iqdb] [saucenao] [google]
52925755

>>52921426
>DUDE JUST WAGESLAVE FOR 50 YEARS BRO
>DUDE WATCH THE SOCIAL SECURITY SYSTEM COLLAPSE RIGHT BEFORE YOU RETIRE
>JUST KEEP LEARNING NEW SKILLS AND CONTINUE TO GO BACK TO EDUCATION JUST SO YOUR WAGES CAN BARELY KEEP UP WITH INFLATION
>THEN DIE OF AN HEART ATTACK AT THE AGE OF 72 WHILE YOUR CHILDREN PICK YOUR CORPSE CLEAN

>> No.52926274

>>52921426
Tell that to those who have no skill and do absolutely nothing but bought btc before 2015 and sold in 2021

>> No.52926429

>>52925755
It is what it is. Struggle or die — it’s that simple really

>> No.52926920

>>52925472
I first came across the topic. It's basically a minimalist lifestyle and learning ways to save as much of your wagie-cagie check as you can and spend years saving and investing. The point is that the more and more you can reduce your costs of living the faster you can achieve financial freedom.
You treat your money, even down to the lowliest penny like capital. Most people think of their money as arcade tickets that enable them to consume. From luxury homes and vehicles to expensive meals and coffees. People work and basically "rent" their entire lives until that fateful day it dawns on them that they have little to no savings or excess capacity. They are a single pink-slip away from financial ruin. I can lose my job tomorrow and keep my head afloat even on a modest job.
In every single service you consume, you can essentially "pay yourself" to do it instead. How easy is it to spend $10 on fast food when that same $10 could likely feed you for 5 days if you really tried.
Why buy a box of rice mix for $2.50 when you can stock up on a 20 pound bag for like $25. Why spend $20 ordering a pizza when you can make your own? Why not learn to do you own car repairs, DIY projects. Be comfortable with less and you will feel the effects of financial freedom improving every single paycheck.
MrMoneyMoustache.

>> No.52927932

>>52926920
>le i'll be financially set for life by never eating out
>larp as a poor fag so you don't really become a poorfag!
just avoid the interest jew as much as you can and have some savings.
>why spend $20 on a pizza when you can make your own
i dunno because i don't want to spend the time making it and cleaning up on a Friday night after i come home from my 6 figure job? time has value too, faggot.

>> No.52927953

>>52921426
I’m not a white tall handsome chad, no roasties will hire me

>> No.52928391
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52928391

>>52923227
>continue advancing
bad idea
anyone that can see ten feet in front of them knows the only thing that will get you is more responsibility, visibility from management, pressure, hours, stress, etc.

for single filers in the United States maxing out tax deferred accounts, there is literally zero reason to take home more than $44k if you aren't a massive cuck
a progressive tax scheme is NOT liberal, leftist, or anything resembling it
it exists to keep working people productive and to prevent them acquiring from living off capital faster than 50 years

>> No.52928630

>>52921939
Based anon. Crypto has made things so much easier with passive income

>> No.52929944

>>52928391
>bro don't make $50,000 more per year because you'll pay 2% more federal tax on just those $50,000
I'm going to go on a limb and say you don't make more than $40k and it's not because you're turning down promotions or job offers.

>> No.52930229

>>52921426
>getting rich
>with a job
Lol, lmao even.

>> No.52930562
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52930562

>>52921426
I don't care to be rich. I just want to turn $500 into $2.5k within two months. It's not working out so well.

>> No.52930620

>>52921426

Tell that to the handful of women who spread their assholes on camera for 2 years and retire at 23.

>> No.52930648

>>52921426
Yet you're poor

>> No.52930696

>>52928630
What you staking chad?, fact is, the new rewards in Elrond network is fucking checked like yo!! The boosted rewards are everything, claiming every 6s and $10 withdrawal threshold. ama just use MEX-EGLD and RIDE-EGLD to test it out as I hodl them on the maiar wallet, decent APRs comfortably sitting with mah two-digits APRs.

>> No.52930710

>>52921650
relax. its standard procedure to FUD leverage trading.

>> No.52930920

>>52921426
Skill issue. I make more unemployed than employed, even in the bear, and it isn't even hard.

>> No.52931629
File: 137 KB, 799x998, taxhav1.jpg [View same] [iqdb] [saucenao] [google]
52931629

>>52921426
HAHAHAHAHAHA
your all idiots. I got rich with shiba inu coin. Dumbasses. Now you should get rich with TAX HAVEN INU

>> No.52931656

>>52921426
a full decade of near-zero interest rates ruined peoples' brains

>> No.52931687

>>52931629
based

>> No.52932105

>>52928391
do you seriously not understand how tax brackets work?

>> No.52932332
File: 21 KB, 358x308, 4cc.jpg [View same] [iqdb] [saucenao] [google]
52932332

>>52929944
leave it to 4chan posters to be too retarded to read a post
maxing out, in other words deducting $30,150 for 2022, and then taking home $44,725 ($57,675 when accounting for the standard deduction), in other words an income of $87,825

>make $150k chasing pay, kissing ass, and selling your soul to corporate america
>barely enough to break FICA cap: $11,025 gone
>22% on $50650: $11,143 gone
>24% on $54625: $13,110 gone
>states vary but on average you can expect something like 6%: $9,000 gone
$44,278; nearly a third of your income nearly gone

>meanwhile state and municipal tax brackets offer huge relief for lower incomes
>effective tax rate is like 15%

but hey smart guy good thing you got that senior or manager title, now you get to manage either people or projects or both for your big smart guy income good thing they pay you the big bucks to be an accountant or something

>> No.52932761

>>52927932
These are all just examples of how you can keep your own money. I find that most people think of services and eating out to be a much more normal and common thing than it should be. And it is one of many opportunities that occur every week where people opt to give their money away. It's all just food for thought. I personally wish I did not spend my 20s enjoying restaurants, happy hours, and other frivolities. I'd have a hell of a lot more money that's for sure.

>> No.52933151

>>52932332
>making less money is how you get ahead
Lmk how that works out bud