/biz/ - Business & Finance

[Anonymous No.58292350]

Withdraw everything in your 401k immediately tomorrow morning. This is your final warning.

[Anonymous No.58292369]

Uh yeah that's not happening lmao. Literal who.

[Anonymous No.58292382]

>>58292350
It costs 1.7T just to service the debt at these rates. The cuts will come hard and fast

[Anonymous No.58292404]

>>58292350
>Withdraw everything in your 401k
so nothing?
it's already at zero

[Anonymous No.58292412]

>>58292350
401ks are the biggest scams

[Anonymous No.58292425]

>>58292350
Bond markets are ahead of this already pricing in no cuts as we speak. No one cares bobo and the economy is booming.

[Anonymous No.58292437]

>>58292350
>believing what the msm says

bobos are retarded nigger cattle

[Anonymous No.58292440]

>>58292350
>withdraw 401k
>don’t start adding extra money into it for next 3 years

Zoomer brain

[Anonymous No.58292455]

>>58292350
>>58292382
they are jawboning pussies
they shoudld have thought about that 10 to 20 years ago
they wont do shit now

[Anonymous No.58293196]

>>58292350
Silly bobo

[Anonymous No.58293275]

>>58293196
The dotcom crash and subprime mortgage collapse wouldn't have happened if the market weren't subject to wildly diverging ideas of what things are worth based on new information and people's extreme reactions to it.

[Anonymous No.58293758]

>>58292350
at this point I prefer to believe and simply leave all my hopes in MUMU, after all he has done nothing but give me good news and be the best debt payer

[Anonymous No.58294008]

>>58293196
Based

[Anonymous No.58294115]

the irony is that high rates are printing insane amounts of money. so when they do cut, all of that money will "unstake" and flood into the market, and the inflationary effect will be even worse. it's like a rubber band being pulled

[Anonymous No.58294194]

>>58292404
kek this
we are a boomer rock and digital funny money board
full of shills, bots, scammers, etc

[Anonymous No.58294821]

>>58292350
They expect to find one of us in the crash, brother.

[Anonymous No.58294838]

>>58292455
>they are jawboning pussies
>they shoudld have thought about that 10 to 20 years ago
>RATE CUTS! PAYMENTS! OVERNIGHT BONDS! PAY IT BACK!! TAXES!!
Exactly they had a chance two decades ago and everything they say now is just a fucking joker to avoid whoopsie we caused the great depression 2.0x20 and we got to keep it liquid and the crash hasn't happened yet things will get better ;)

[Anonymous No.58294848]

>>58292440
>>don’t start adding extra money into it for next 3 years
>Just give your money to the government to gamble away on trannies while paying themselves enormous fees

[Anonymous No.58295001]

>>58292350
the only reason i would trade my BTC would be to be able to buy more SUPER, the rest i am not going to fall for your tactics. so shut the fuck up BOBO

[Anonymous No.58295064]

>>58294838
they're like people with ten credit cards that swear they will stop and pay it all back
noone is believing them
they didnt stop then and theyre not now, when its much harder

[Anonymous No.58295094]

>>58295064
Very scary analogy. Do I buy ammo

[Anonymous No.58295147]

>>58295094
Yes
This is financial advice

[Anonymous No.58295162]

>>58295064
>noone is believing them
I just got a normie sentiment check and my connected friend said things will get better
Now I know it's going to be even worse

[Anonymous No.58295305]

>>58294115
>high rates are printing insane amounts of money

I don't follow

[Anonymous No.58295383]

>>58295305
Bond interest payments are basically stimulus.

[Anonymous No.58295700]

>>58295001
>selling BTC
>buying SUPER

[Anonymous No.58295711]

>>58295001
so you're selling your btc to buy crap, because you rather buy that crap than buying another crap, good

[Anonymous No.58295773]

>>58295305
>>58295383
that's not it
the interest (5%) on bonds is being paid with record amounts of bond sales
yes, you read that right
they are servicing the interest on bonds with the money from newer lenders
every single treasury sale breaks the previous record

in 3 years they're going to need 20 times the population of the planet buying their bonds to service the fucking interest

[Anonymous No.58295796]

Im Australian, we aren't allowed to withdraw our retirement accounts. Its all compulsory to HODL. Actually you can withdraw $10,000 and only $10,000 in a single year - so long as you give a good reason + evidence. I have heard people of stories who were dying of cancer who got denied that $10,000 withdrawal limit.

The only time you can withdraw everything is once you're age 60+

[Anonymous No.58296445]

>>58295796
>I have heard people of stories who were dying of cancer who got denied that $10,000 withdrawal limit.
holy kek. we just get penalized (in the form of tax i think) 10%. why does your government hate free money lol?

[Anonymous No.58297679]

>>58295796
>The only time you can withdraw everything is once you're age 60+
Through college in USA I listened to countless others pride themselves on 401ks or SPY or related savings and once you put your money in those things it's been zapped into a boomers account or the US government wasted it
Who tf wants to retire? It will be 2040s 50s like blade runner and how do you give away your money when all govs controlled by USD have blatantly told you we've mismanaged every account sorry
Why give them even more because of some insane promise? Either throw the money in crypto or later in stocks for yourself rather than letting conglomerates say hahah happy retirement :) before someone gambles it and they print it into devaluation
My Jewish friend told me he has all his money in SPY at 24 and now I am very bearish on it because one day the US gov is going to come steal everything to make us payup for all the mistakes they made, because there's no way the gov brainwashed masses will sell anything of theirs

[Anonymous No.58297693]

>>58292350
no thanks anon, i've seen stuff like this happen before.
it really ain't a big deal, honestly
for now i'll keep holding my bags of vinu, not that it would be affected in any way since they're just another mc fucking nobody with no real impact on the market

[Anonymous No.58297767]

>>58292350
No rate cuts is bullish it means the economy is strong

[Anonymous No.58298107]

>>58297767
no rate cuts means yellen will have to open up a strip club with AOC on stage to raise cash

[Anonymous No.58298413]

>>58292412
>NOOOOO you can't just accept a free match from your employer because... you just CAN'T ok?

[Anonymous No.58298995]

>>58292412
hear me out, your 401k can buy the BTC spot ETFs, it's the ultimate "never sell" account, or you can try your hand at swinging the cycles and compound it without paying cap gains tax.

[Anonymous No.58299332]

>>58292350
I put my 401k into chainlink when i got laid off.
its now all in my Roth thanks to a self directed checkbook IRA LLC and an institutional trading account.

[Anonymous No.58299597]

>>58299332
>its now all in my jew thanks to a bunch of jew lawyers raping me for fees and an institutional employees gambling it on SPY calls

[Anonymous No.58299715]

>>58292412
Source?

[Anonymous No.58299920]

>>58295773
you are incorrectly assuming there are real people buying these bonds and it isnt a complicated theater to hide the fact its all printed money that goes into the whole mess
see the last 35 years in japan for the playbook on this
we have reached the point where the fed has painted itself in a corner and it doesnt matter what they do its either medium speed controlled monetary debasement or instant tier end of reserve currency black swan
either way stack the corns and dont get shaken out in the wild volatility fiat only ever goes down

the alternative to this requires a government budget in balance with the cuts necessary to do so creating the greatest economic depression without a catastrophic warloss in history and an end too all gibs, pork and military spending
that will never happen jawboning is all the fed has left

[Anonymous No.58300099]

>>58299920
>fiat only ever goes down
My gov connected friend says constantly every day everything will get better but read the charts he acts oblivious to and it says great depression x20 any minute the facade comes up and boomers try to hide in their holes with what liquid is left scolding young people to come help them for 20 dollars when 20 dollars is literally 2 loaves of preservative filled bread
When the jig is up for fagman 500 it will be amazing watching all that trust in these amazing corporations who literally robbed us of everything then didn't build a single park except enormous 1984 tier suburbs where everyone snitches on one another and children can't go outside so that they can continue theraping in millions at a time from stupid goyim thinking children and a home will save them when the one truth is the estate surrounded by a claymore minefield so when the great depression 2.0 is ending and the feds come to find your bitcoin flash drives you can sit laughing with your children watching three letter agencies on a screen being ripped to shreds by thousands of steel balls flying out of every bush