/biz/ - Business & Finance

[Anonymous No.57211231]

Anyone here has a decent amount of savings but no income?

I have 400k saved from my good years on youtube where I lucked out on a niche then I was demonetized and have been suicidal since then. There's no way to monetize it again without destroying the channel in the process. YouTube does not tell you what video cause this, but I think it's all of the ones that pull all the traffic, so im fucked.

inb4 patreons, affiliate links etc, merch, sponsorships, its just a faceless channel, nobody gives a shit about clicking on anything, it's entertainment and the avera videogame young audience that doesn't have any money. Same goes for "just move to rumble, facebook" or whatever the fuck. No one uses these outside fringe niches. The only way to monetize is ad revenue and the only traffic for this is in youtube.

I now understand why there are so many abandoned channels, that continue to pull great numbers. Youtube drops you from the partner program, and continues to profit from this traffic that goes into monetized videos. If they were to delete all of these videos they would see a drop in revenue. They accuse you of having inappropiate contents, do not tell you what those are, and profit from the traffic. They also only do this to people that know aren't rich influencers that can call them out. They help those, im just some random channel. It does not matter how many subs or traffic I move if I cannot cause them bad PR on their shitty scammy system.

I also have no job experience on mid 30's and live with my mom. Im so fucked. How can I brainwash myself into wagecucking after having experience what it is to escape the matrix?

[Anonymous No.57211236]

What the fuck is your plan if you are on a similar situation? Im going to need to at least 3x this amount to live off divvies in my country. I need around 300 a month to pay for expenses, so I cannot really go all in. I would need to leave at least 100k in monetary funds to get some interest from that and not eat the principal, and perhaps YOLO on something with the rest.

Im considering MSTR since I cannot make such big transactions to exchanges without getting blocked. I also looked at MARA. But what if like 100% of the time the FED says we reached a soft landing a recession kicks in? Fucking hell. I've been having an headache since this happened. I was on my way to 1 million with the money I was making, now im back to 0.

[Anonymous No.57211237]

Anyone knows when the icp dump will stop?

[Anonymous No.57211263]

>>57211236
Calm down you aren't literally back to 0. You've already nearly made it just need to coast off easy plays.

[Anonymous No.57211286]

>>57211231
are you howtobasic

[Anonymous No.57211294]

>>57211231
seen u around here anon, I think youre story is very interesting.
is there a way to connect with you outside of 4chan? Ive been wanting to learn more about working with the youtube algorithm.

towards your solution, have you considered hiring a "google advisor"?

[Anonymous No.57211296]

>>57211236
If I was a 36yo man with 400k and living with my mother I would want to pretend to be 26 and then get my dick sucked by some little college slut on vacation in paris, then cum inside her with no condom (using a fake name) and never ever call her back. Then I would return to my mom's basement to stew on my predicament.

[Anonymous No.57211309]

>>57211231
try getting a life faggot .just how much do you blogpost about being a ex-jewtuber with your nearly made it money?

[Anonymous No.57211353]

Honestly if I was you, I would put that 400k into a dividend etf or spread over some high yield dividend stocks like MO or ET which are pretty safe and stable and give a guaranteed 9% per year giving you roughly 40k annually.

Then you could also work part time doing something you love for an extra 20-30k, wouldn’t have to be something shitty like a cashier because you have the safety net of your dividends, you have the power to choose. just find something you really like

In total you would be making a nice 60-70k a year living a pretty stress free lifestyle with a lot of free time

[Anonymous No.57211364]

I have $1MM in crypto but no income and I haven’t had a job in 4 years. I want to buy a house but don’t want to cash out crypto to pay in full.

[Anonymous No.57211422]

>>57211364
Here’s what you can do to get a house AND keep your investments.

Cash out the crypto and invest in an asset that gives a yearly return higher than 5% (many dividend ETFs give 8-10%)

then get a mortgage for a house that is less than the total of your investment (so less than $1m)

If you can get a mortgage with a rate lower than 5% (likely), you can use the yearly return from your investment to pay off the mortgage AND have money left over.

After the mortgage is paid off, you will own your home, and still have your investment which will continue generating profit forever.

[Anonymous No.57211455]

>>57211422

Tell me more about these etfs, how risky are they? 8-10% seems really high

[Anonymous No.57211555]

uber eats and door dash and any other gig app

[Anonymous No.57211612]

>>57211231
$400k savings isn't too bad. Being at your age with no job experience is the main problem. Do you have a degree or anything? I would suggest aiming for the most acceptable career (preferably one that doesn't need too much training) and getting into that. Then on the side you can try starting a business and once you've got the proof of concept down, you can dip into your savings a bit to give it a boost. Keep the rest of your savings in boomer index funds though. If you lose that money on shitcoins or some shit, your situation quickly goes to suicide-tier. It theoretically takes 8 years to double your money in the stock market, so you could probably hit a million in your 40's, or even sooner if your job pays well enough, and go retire in Thailand or something while living off the dividends.

[Anonymous No.57211655]

>>57211422
>5%
RETARD ALERT RETARD ALERT

[Anonymous No.57211695]

>>57211231
With 400 k you could easily 3 x in the next year.
Just put it half in bitcoin/ethereal, half in solana.

[Anonymous No.57211752]

so you're saying...you escaped the matrix by relying on a megacorp for your entire livelihood? nah bro, that WAS the matrix. now you've escaped it.

[Anonymous No.57211815]

>>57211286
its probably filthy frank ... no cap
captcha: YDJOJI

[Anonymous No.57211865]

>>57211231
This is similar to me, I have 400K but it's mostly in crypto. Lack skills and I'm making minimum wage in my 30s while praying for another bull run. I'll honestly become suicidal if I lose it all

[Anonymous No.57211891]

>>57211231
i hope this happens to that douche bag graham stephan

[Anonymous No.57211939]

>>57211236
if you have 400k and only need 300 a month for expenses, stop bitching and crying. not that i believe any of this bullshit story anyway

[Anonymous No.57211981]

>>57211231
Why wouldn't you delete all the videos yourself? Then post and apply to be monoteized again.

[Anonymous No.57212103]

>>57211231
If there’s really no saving it, fucking delete everything. Just nuke it so YouTube doesn’t get any more money from your work. Back up the videos on your own PC first of course. Only thing I can think of to help you there is to sell the videos to a bigger channel.

Again if there’s really no saving it, just move on. You should try to get a job because not doing anything is really bad for you mentally. Go work the produce department at the grocery store or something for a few months, I think it’ll help you mentally. Don’t do it for your employer do it for you. Find some job that gets you some social exposure and some exercise.
Then think about a skill you would like to learn and start working on it. Skills pay bills. At least you saved some cash, you’re not a complete failure.

[Anonymous No.57212182]

>>57211231
Buy one 4096 for $400. Put the rest in MSTR or buy BTC outright.

[Anonymous No.57212209]

Post your channel or don't care

[Anonymous No.57212253]

400k is more than enough to make it but you are also 36 which means that if you didnt learn how to not be a gargantuan faggot you most likely ngmi.

[Anonymous No.57212284]

>>57211455
They are very low risk (especially compared to crypto) couple good ones to look for are

Invesco S&P 500 (SPHD) at 8.13% 10 year average annual return

Schwab Dividend Equity (SCHD) at 10.68%

Fidelity High Dividend (FDVV) at 9.8%

Keep in mind though the return % is not just the yearly dividend, it’s the appreciation of the fund as well

[Anonymous No.57212340]

>>57211655
Ok? I picked 5% because that’s what you will get worse case scenario with poor credit.

By all means get the best rate you can and save more money

[Anonymous No.57212422]

>>57211294
>considered hiring a "google advisor"?
Where? I haven't seen anyone getting monetization back except a few odd cases, probably a combination of luck involved and contacts inside YT. I know a case of someone that was able to monetize again and all he needed was to add some disclaimers. If you don't know this, you go insane deleting videos and wreck your channel up.

>>57211296
Who do all of that? I have escorts where I live for 150 an hour, but what for? I don't enjoy that if im not making money. You are removing money from your stack and not getting any at the end of the month. Im making around 1000 a month from monetary funds at current interest rates, but I don't consider that as cash flow because it does not show up on my bank accounts unless I sell it and I have to pay taxes on it. Fucking dogshit mate.

>>57211309
How the fuck is 400k nearly made it? You have to literally gamble all of it on some dogshit investment like Bitcoin, hoping there is a 3x before they rugpull and leave you bagholding with no income, which would mean selling shares to cost basic needs at a loss potentially.

>>57211353
Im from EU, we have dogshit options here for dividends. From the things I've looked into, if I had made it money, I would put it on VHYL which is very diversified and pays a decent 3.5%. You have to pay taxes on dividends tho, so I would need 1 million net according to my calculations.

>Then you could also work part time doing something you love for an extra 20-30k, wouldn’t have to be something shitty like a cashier because you have the safety net of your divs, you have the power to choose. just find something you really like

I don't really like anything that isn't making money from home, so I would want to monetize contents again somehow on the internet. I wish I could go back to the good times.

>>57211364
I hope by crypto you at least means 100% BTC. The rest is just retarded gambles. They can go to 0 if the SEC decides they are illegal securities.

[Anonymous No.57212499]

>>57211612
I would never move to some shithole. The irony of all this is that if I didn't drop out from school I would have never made the 400k and I would be living paycheck to paycheck with no savings. My brain is fucked and I cannot go throught studying and getting a degree. I dropped from CS (not college, a lower grade one but no the lowest one, not sure how its called in your country) because I couldn't keep up with C/C+, mysql, and XML was specially painful making me sleepy as fuck. It is clear you need to be born with the right wirings or something for that shit.

If I go into career mode, I will never be able to repeat this ever again because I will be exhausted as fuck when I come from home. I wish I was able to monetize again fucking hell.

>>57211752
Escaping the matrix is making money online, as much as possible, with no scheludes. Idgaf who is paying me as long as I don't have to commute.

>>57211891
This never happens to influencers that aren't politically inclined. My channel was some faceless channel so im not even able to leverage my audience anywhere.

>>57212103
If I delete the videos people will just copy them even more than they do now. There's many reuploads, but since the videos are mega ranked on my channel, they don't pick views. Sometimes they do, but I can hunt them down with the copyright match tool. If you delete them, you are fucked, you would need to manually file copyright claims. This whole situation fucked up my heallth. You have all these videos uploaded and have no money or control over it anymore. I mean sure I can still file copyright stikes manually, but that's fucking annoying. Also there's no point in selling your videos to anyone.

Working a regular job will just make my health worse. I have never felt better when I was chilling at home making money on my schelude not having to have my cortisol off the roof having to meet scheludes and doing shit I don't like. I fucking made it. People will never understand.

[Anonymous No.57212514]

>>57212253
Im younger.
>>57212182
I would buy MSTR but look at the premium, it's retardedly high. And mining stocks have massive ROI last year. How is this sustainable? when ETF hits we don't know how many will dump for the ETF. And ETF may be sell the news event for all we know. It's easy to say "just YOLO bro" but imagine you have to actually click on "BUY" with all of your savings while you have no income.

[Anonymous No.57212560]

Hello Angryswede

[Anonymous No.57212583]

>>57212499
>I would never move to some shithole. The irony of all this is that if I didn't drop out from school I would have never made the 400k and I would be living paycheck to paycheck with no savings. My brain is fucked and I cannot go throught studying and getting a degree. I dropped from CS (not college, a lower grade one but no the lowest one, not sure how its called in your country) because I couldn't keep up with C/C+, mysql, and XML was specially painful making me sleepy as fuck. It is clear you need to be born with the right wirings or something for that shit.
>If I go into career mode, I will never be able to repeat this ever again because I will be exhausted as fuck when I come from home. I wish I was able to monetize again fucking hell.
I'm sure you can find something other than tech. I know your position sucks, but you're the one who didn't think about their future until their mid-30's, so you've gotta deal with the suck for a few years before you get back on your toes.

[Anonymous No.57212942]

Boohoo, you don't want to commute. neither does anyone. Go get a real job now before it's too late. What you are really saying is that you're lazy, and will only do that minimum possible work. You got lucky in the early days of monetization, but now that the game is over, you're going to just vegetate in your mom's basement instead of do what everyone else does, like...jeez i dont know, get some training/skills and a real job? i went to grad school with a guy in his fifties. plenty of people start careers in their 30s and 40s.

[Anonymous No.57212971]

>>57211231
You pretty much have to keep trying to start businesses or go back to school to get a relevant education.

You will starve on $400,000 ($16,000 / year in the US without even considering LT capital gains tax, health insurance, dental, etc).

[Anonymous No.57212998]

>>57212422
kek. this is how I know you'll end up poor. you had 400k when btc was 17k, after last bullrun that absolutely removed any doubt it would ever rug... but you sat on the sidelines like a bitch. there are no guarantees when it comes to growing money anon...there are calculated risks. you are a miser though and can't seem to stomach the idea of any shekles getting away from you

[Anonymous No.57213027]

>>57211231
>long rambling inane blogpost
dude....just make another channel and reupload vids.
do you even brain?

[Anonymous No.57213786]

>>57212514
You will figure it out. You're right to be cautious, I wouldn't gamble away $400k if it was all my money. But lots of risk all around, so I don't know what to say to help protect/grow. Best of luck, anon.

[Anonymous No.57214382]

>>57212942
You’re right, if op did some self reflection he would figure this out

[Anonymous No.57214420]

>>57212971
Im not in the US
>>57213027
They will get no views dumbass. You dont know anything about the YT game.

>>57212942
Commuting for peanuts? whats the point. If I did that, I wouldn't have 400k right now.