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/biz/ - Business & Finance


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57618628 No.57618628 [Reply] [Original]

>Dad thinks finance do not create any value
>Step-dad is in deep debt
>Mom is opearting a fund proftting 30%-40% a year and think my strategy is shit
>Step-mom is just shitting on my whenever i make mistakes...
>my male friends think it is too risky
>my female friends think index fund is enough

what the fuck

>> No.57618754

>>57618628
These are all excuses they give you why they don’t want in when the reality of it is they don’t trust you with money because you’ve probably had a lifetime of “great ideas” that have never panned out

>> No.57619512
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57619512

>>57618754
literally me

>> No.57619571

>>57618628
>Mom making 30% a YEAR
ask your mother to teach you

>> No.57619590

>>57618628
how the fuck is your mom doing 30% a year

>> No.57619915

>>57619590
its a freaking family-friend 9 figs private fund

guess she could do whatever the risky shit she want cuz its nothing compare to the overall market

>> No.57621543

Your father isn't necessarily wrong, but his opinion would only be valid 60 years ago ish when shuffling paper around to eek out some fees would actually be parasitic. Today, it's a different story. There's no reason to play it 'honourably' and try to 'contribute' to the """economy""". Appropriate as much wealth for yourself and family as humanly possible by whatever means so long as it doesn't involve outright theft, poisoning, or murdering of other people.

Stop listening to everyone except for your mother since clearly she has the requisite experience and knowledge to help you out, assuming she's willing to do so.

Also your male friends aren't necessarily wrong, but they are pussy-footed. Fortune favours the bold, but not the stupid, so tread carefully, but make sure that you ARE *treading* to begin with, don't just say in one spot.