/biz/ - Business & Finance

[Anonymous No.57784897]

FIRE bros say to put everything into index funds and enjoy your yearly 5% returns. What is the guarantee that market returns will always average to 5% yearly when we're facing population collapse and mass global destabilization?

[Anonymous No.57784914]

>>57784897
>What is the guarantee that market returns will always average to 5% yearly when we're facing population collapse and mass global destabilization?
massive amounts of money printing

[Anonymous No.57784918]

"FIRE" is a meme that only a select few oddball normies will ever be able to do

The typical normie needs to work for their entire life due to normie spending habits

Look at how the FIRE people actually live, they're normies trying to LARP as actual single male NEETs

Single male NEETs actually do this because they have always lived that lifestyle. The average normie is NOT going to ever be able to live a NEET lifestyle.

The only people who can live like a single male NEET is 80 year old normies whose lives are already over

[Anonymous No.57784926]

>>57784897
there are no guarantees you can just go by history. crysis are happening but are a bit overblown dont bet ur money on them

[Anonymous No.57784994]

None

Its a ponzi scheme too, welcome awake

[Anonymous No.57785102]

>>57784918
FIREbros always get rugpulled by divorce. It's fucking sad because they never get to enjoy life

[Anonymous No.57785119]

>>57784897
>>57784918
5% is a bit keen for early retirement though I think ASI will have a bigger impact than demographics.
Gotta diversify yo assets nigga. Aim for primary residence paid + 3.5% withdrawl on stocks + a good crypto bag.
FIRE is only a meme if you blindly follow what others say, it's purpose is to make you consider other approaches to life+finances so you can design your own shit.
t. quit career years ago, comfy neet ~4mil

[Anonymous No.57785132]

>>57785102
This
No woman is going to be able to look at that pile of money and not spend it.

[Anonymous No.57785183]

>>57785132
>marrying
>having kids
>giving anyone access to your money

[Anonymous No.57785263]

>>57784897
Yes I know, long times are long times.
Also, you have no idea really what the future holds. So your eye is as clear as any detractors.

[Anonymous No.57785272]

>>57785102
>always get rugpulled by divorce
>>57785132

Why do you retards act like marriage is a mandatory thing like taxes?
you know not getting married and actually enjoying life is an option right?
fucking slave mentality goys

[Anonymous No.57785274]

>>57785183
Every FIREbro I know is married like a good lil' normie, many of em are DINKs

[Anonymous No.57785283]

>>57784897
>What is the guarantee that market returns will always average to 5% yearly when we're facing population collapse and mass global destabilization?
Technological progress + inflation + growth potential in 3rd world

[Anonymous No.57785348]

>>57785274
Whenever I hear the word dink, I feel extreme rage. How blue pilled does one have to be dink?

[Anonymous No.57785368]

Firebros should get fire on eth chain. its 2 weeks old and the true 3rd coin of spyro

[Anonymous No.57785372]

>>57784897
There is none, we are just being optimistic and believing that historical trends are going to follow forever. Its bleak, but the only thing that we can do is save some nuts for the winter months crossing our fingers. I'm one of those fire fags, I wish I were more optimistic.

[Anonymous No.57785437]

>>57785348
Basically they're trannies. The "male" in every DINK couple I know has gotten a vasectomy, basically becoming an eunuch for the queen. One of them fully trooned out last year and took his wife's full name. Another is about 90% there and just needs a lil' tap tap on the counter iykwim

[Anonymous No.57785471]

>>57784897
put all your dollars into dogecoin. sell some every month so pay groceries.

be millionaire in 5 years. if not already next year

[Anonymous No.57785474]

>>57785437
I hope you stay far away from those idiots anon. You deserve to be around good people.

[Anonymous No.57785519]

>>57784897
> when we're facing population collapse and mass global destabilization

Been hearing this shit since 1900s, nothing ever happens.

t. 49 yo

[Anonymous No.57785534]

money supply/inflation was at 20%+ for years if they made 5% returns they lost 15% of their purchasing power
inflation is measured by increase of value of scarce assets
we are going to hyperbitcoinize, demonetize other assets, currency will hyper inflate and they'll be left with very little unless MSTR gets on the S&P or something so they get some exposure.

[Anonymous No.57785547]

>>57785519
if you can't see the impacts of mass immigration and collapsing birth rates you are literally just brain dead, our infrastructure has general social fabric has been basically collapsing for decades and it's only going to get worse
you simply cannot have a functional society if birth rates are not at or above replacement, replacing it with brain dead immigrants just makes it worse

[Anonymous No.57785563]

>>57785547
I've been hearing this shit since 30 years now, everything just corrects and adjusts before some massive happening /pol/tards crave for

[Anonymous No.57785611]

>>57784897
>>57784918
>>57785102
>>57785274
>FIRE
It depends on if you think you will retire at 30 or 50. I "retired" at 50. I have things to do, and investments to manage, but I don't "work" for anyone.

[Anonymous No.57785687]

>>57785563
>I've been hearing this shit since 30 years now
Everything in the developed world has been getting worse for the past 30 years now, esl kun. That's the reason why you've been hearing it.

[Anonymous No.57785747]

>>57785563
Like I said it's just measurably not the case, immigrants now outpace US birth rates that has never been the case before. Have you been to a US city recently?
Sure we might get a president that does mass deportations but that doesn't account for the collapse in birth rates and declining populations. It's fine in some states but for the most part places don't have the future generations required to keep funding social security/the state. The whole debt based fiat economy is founded on the idea we are going to have a perpetually increasing labor force that we can basically use as collateral for our loans.
And yes people have been saying this for 30 years, people have been saying things for like 200+ years, and they were all correct. Any sane person would see how bad it's gotten but it's just going to get even worse, literally all our food is poison and we just had a government force everyone not to leave their house and mandate experimental medicine.

I am actual an optimist and do think things will work out but what's required to fix our current situation will be a pretty sudden and drastic change.

This is a decent book going into many of the early 20th century writers talking about this https://www.amazon.com/Staring-into-Chaos-Explorations-Civilization/dp/0965320855 everything they talk about has just basically come about
https://www.amazon.com/Worker-Dominion-Form-Ernst-J%C3%BCnger/dp/0810136171
is also an insightful one (from 100 years ago)
https://www.amazon.com/Unsettling-America-Culture-Agriculture/dp/161902599X good one from the 70s mostly just talking about agriculture.

They think in terms of millennia not 30 years and like I said everything they talk about has only been massively exacerbated, we are on the precipice of a pretty significant change. pitrim sorokin's views seem the most likely to me, you are just ignorant and assume because you can get doordash poison fast food things are going fine.

[Anonymous No.57785837]

>>57785747
Do we still buy S&P500 or is this going to be an outdated strategy in the future. This is my first crypto cycle and introduction to finance in general and I am lost.

[Anonymous No.57785877]

Sorry for the mass reply
>>57785102
Then don't get married. You will always have less freedom and independence with a woman anyway.
>but I want to have kids
Then that's a sacrifice you have to make.
>>57784918
If you're talking purely on average salary and saving rates, then no, they aren't going to make it. If you have even slightly above average salary and savings rate though, you can do it by the time you are 50. Again, you have to make sacrifices to save more money. You will have to live in cheap apartments and not have expensive hobbies.
>>57785272
They've been indoctrinated by women and traditionalist propaganda that their highest purpose in life is to be complaint by women's sexual preferences ("genetic dead end", literally if a woman sees you as sexually viable or not). It's slave morality, they are convinced that actually enjoying your life or doing what you want is a immoral or unethical. Of course what is this purpose of this indoctrination? To benefit everyone else except the man, he's just a useful idiot in this system. But he gets to be distracted and chained down by children and women who give his life "purpose" because he can't generate it himself or self-direct himself. See this cope as an an example.
>>57785437
So obsessed with reproduction and chaining themselves to a woman. A prison of their own making.

[Anonymous No.57785945]

>>57785837
listen to this
https://youtu.be/8cX1aptP5Io
S&P is mostly just being held up by the big 7 afaik, equities are still subject to a ton of risk other things are not (like rare desirable property or fine art)
If things go smoothly S&P mostly matches inflation + 3% for the expansion of the economy, but there is still a ton of middlemen and risk you have to pay for as well that can mean you won't meet that.

Big thing will be if we get hyper-bitcoinization is the demonetization of other assets. If people start storing value in BTC rather then real estate or equities there will be a pretty massive drop in those... in that case s&p makes no sense just depends on your longer term view of btc and if you think it will end up demonetizing other assets. The only reason we NEED the S&P is inflation, if we don't have an inflationary store of value there will be no point you just need to hold btc.

[Anonymous No.57786110]

>>57785945
I'm hoping to make a decent sum of fiat for this crypto cycle to keep in the "old system" and then just stacking sats from income both wagie and passive after this cycle is over. Hopefully this is the best of both worlds.

[Anonymous No.57786145]

>>57785945
FIbros tell you to store assets in S&P or other index funds when you are retired so you have a predictable and relatively stable amount of money you can withdraw from. You can do whatever you want before retirement, though a lot of them support the "slow and steady" route of index funds anyway and prefer maximizing their income instead

[Anonymous No.57786204]

>>57786110
Just depends on the speed of bitcoin adoption, I'd keep enough to live off of just incase bitcoin hits 1 million this cycle even though that may not be likely but it is possible and if that happens everything else will fall in relation to it fiat in particular. I'd assume people who trade/try to predict it will end up missing out a bit but so long as you have a decent chunk it doesn't really matter it's just playing with how much extra you have. I don't have any intention of selling btc personally, I make enough from work and don't really like gambling.

>>57786145
Yeah and those people will screwed unless some btc exposure gets added to the S&P, equities and real estate and other things are totally held up by people trying to escape inflation if a better alternative takes off they will drop hard before going back to their steady growth.

[Anonymous No.57786437]

>>57786204
>some btc exposure gets added to the S&P
Isn't that what all the recent BTC ETFs are all about?

[Anonymous No.57786447]

>>57786204
You don't need to solely keep everything in an index fund, there are lot of fire guys who own crypto

[Anonymous No.57786462]

>>57786447
I'm hoping to cycle back into BTC after this bullrun is over after the next bear market maybe in 2027. Hopefully.

[Anonymous No.57786497]

>>57786437
No ETFs basically just resolved the custody issue for normies and got it added to normie investing platforms and enables it to be incorporated into things like model portfolios and other tradfi things, s&p is basically just stock of the top 500 companies. Clearest path to getting bitcoin exposure on the S&P is MSTR being added, or other companies taking on bitcoin as a reserve asset. Will probably happen at some point possibly fairly soon but might take a while.

[Anonymous No.57787172]

>>57786462
>After the bull run.
Lol. Lmao even. You will be priced out.