/biz/ - Business & Finance

[Anonymous No.59114265]

>450k savings
>no income
>no studies
>mid 30's
>live with mom (low expenses, like 10k a year, no life)
how do I 4x this shit before I jump off a building? (im not buying your shitcoin)

[Anonymous No.59114269]

Go enjoy your life you spastic more money isnt going to change anything you'll still be a depressed loser living with your mum.
You have 45 years of living expenses. Assuming you invested that money you will be fine financially. But you will always be a depressed loser if you cannot enjoy your life right now.

[Anonymous No.59114274]

>>59114265
Idk about a 4x but wells fargo is offering a 4 percent apy cd account with a 5k minimum entry

[Anonymous No.59114290]

>>59114265
Yeah you should have 1 million at 30 what the fuck were you doing

[Anonymous No.59114347]

>>59114265
What, exactly, was preventing you from plunking that down into an index fund that made 30-38% each of the last two years? If you had done that you would have over $800k now.

[Anonymous No.59114381]

buy my shit coin

[Anonymous No.59114551]

>>59114269
>You have 45 years of living expenses
what the fuck are you talking about?
I was used to make 10k a month, this is DOGSHIT. I cannot do shit with this shit.
>>59114274
im from EU. Im already on money market funds that make around 3.8-4% annualized. Not for long since they will drop interest rates. Im not putting my shit stuck in deposits.
>>59114347
I was supposed to buy BTC but I fucked up waiting for lower price. A tale as old as time.

Also i need to leave a nest of living expenses. My plan is to keep enough to at least ride a cycle fully invested but - expenses for like 4 years. I may go all in on leveraged BTC but now it seems late.

[Anonymous No.59114559]

>>59114551
>waiting for lower price
You should probably stay out of the market then. Not just btc but the stocks and mutual funds as well, because that sort of mentality will make a pauper out of you in a hurry. Stick to something consistent and safe like HYSAs or CDs.

[Anonymous No.59114591]

>>59114551
I thought you bought a bunch of microstrategy quite a while ago?
Bet you wish you did now huh.

[Anonymous No.59114717]

>>59114559
Thats fucking retarded. Im already invested 30%, the problem is I didnt go all in.
>>59114591
Im 30% in and 60k in profits. If I went all in back then I would be a millonaire.

[Anonymous No.59114737]

>>59114717
>the problem is I didnt go all in
And that sort of hesitancy is why the market and you are unlikely to be a good match.

[Anonymous No.59114977]

>>59114265
Buy a few car wash businesses and some vending machines. They'll generate cash flow.

But seriously, get the fuck out and live a little you stupid faggot. Tomorrow isn't guaranteed.

[Anonymous No.59115054]

>>59114551
>I was used to making 10k a month
go FUCK yourself you faggot what the fuck are you EVEN COMPLAINING ABOUT

shut the FUCK UP. you could just keep it in a money market account and work some easy part time job and be set. but NO, you're fuckin complaining about having 450k.

fuck you faggot

[Anonymous No.59115094]

>I make over 100k a year
>WOE IS ME
KYS

[Anonymous No.59115175]

>>59114274
Why would you bother. Just purchase a tbill

[Anonymous No.59115183]

>>59114737
im already 60% and that is most than most people
>>59115054
if i had to work i would have never made this money dumbass
and money markets will be useless soon again as zirp kicks in.

[Anonymous No.59115200]

>>59115183
>i would never have made this money
just shut the fuck up faggot. stop complaining. put in the s&p and shut the fuck up

[Anonymous No.59115222]

>>59114977
This. /Thread

[Anonymous No.59116021]

>>59115183
>that is most than most people
So you're an ESL faggot as well as being retarded.

[Anonymous No.59116602]

Put 200k in aerodrone get a 4x then chill.

[Anonymous No.59116750]

>>59114551
You are incredibly retarded.

[Anonymous No.59116814]

it's this faggot again that's been complaining about his youtube cashcow channel running dry and hasn't done shit since despite having half a million

[Anonymous No.59117049]

>>59116750
no im not dumbass
>>59116021
so you trade shitcoins for peanuts

[Anonymous No.59117051]

>>59116814
wrong fagnigger
>>59115222
physical businesses fail
>>59115200
slow and poor 500 fuck off faglord
>>59115175
fuck your tbillhilly

[Anonymous No.59117088]

>>59115183
>and money markets will be useless soon again as zirp kicks in.
MMFs give better real net returns when interest rates are lower thougheverbeit.
I also can't find public forwards market information on ECB rates, but the FED and BoE forwards markets don't have them ever returning to ZIR - although the US and UK are both more inflationary than the Eurozone so maybe that'll be different there.

>>59117051
kek come on, if you're OP then you clearly are the youtube guy.
- You have the same amount of money
- Claim to have peaked at the same income, which was cut off for some reason
- Also in the EU
- With the same strategy of a MMF while thinking about timing MSTR.

You just stopped talking about your channel at some point because people got tired of your threads when you were that obvious.

[Anonymous No.59117138]

>>59116602
what is that the new AeroTyne systems?

[Anonymous No.59117342]

>>59117088
>MMFs give better real net returns when interest rates are lower thougheverbeit.
What in the fuck?

[Anonymous No.59117831]

>>59117342
>real net

[Anonymous No.59118296]

>>59114265
I know you a fake and gay frogposter OP. But for all the newfags out there, $450k NW at mid 30s is like top 5% of Americans in that age bracket. Add in that OP claims to be a yuropoor and you’ve got a very stinky thread.

[Anonymous No.59119695]

>>59114265
Don’t buy shitcoins—invest in altcoins with real, working products, like Natix, where you can earn from driving. Street mapping has never been easier.

[Anonymous No.59120673]

>>59118296
>$450k NW at mid 30s is like top 5%

It's not. Top 5% for 30-somthings is closer to $1.2m NW or $260k/yr income.

And you should never compare yourself to the average. The average American is financially illiterate, has CC debt and lives paycheck to paycheck.

[Anonymous No.59120701]

>>59114269
Kys
>>59114265
Btc lol

[Anonymous No.59120704]

>>59115175
seriously. People here are retarded. Tbill is better

[Anonymous No.59120708]

>>59115222
It's such a retarded idea. Car wash won't x that money lol. Maybe after many years of luck you can 2x

[Anonymous No.59120771]

>>59114265
I am a 36 year old virgin and I live with my mom and I only have $20k.
How JUST does it get?

[Anonymous No.59120796]

Can we all in MSTR already or what?

I love these threads. I'd say DCA but you'd call me a pussy retard or whatever.

So start a biz, that's hard though, fuck that.

Good entry point on 2x leveraged BTC it's the only way.

I mean there is like that thing called the stock market I heard of this company called NVDA it's kind of good. Also PLTR, they do AI or something for the govt. IDK.

[Anonymous No.59121282]

>>59120796
i was staring at the price since it was $400 (technically now ($40 pre-split adjusted)
i would be so fucking rich if I just went all in
this thing is a rocket and performing more than 2.5x leveraged now

[Anonymous No.59121292]

>>59117831
its performance -inflation

inflation in EU is now 1.7% and money market fund are performing around 3.5% and 4.0% for ultra short term bonds which is what im holding

this is surely better than the near ZIRP, ZIRP or even negative interest rates we've had for yeasr so I don't know what are you smoking

>>59120704
tbills are gay, you are locking your money and missing on investment opportunities

[Anonymous No.59122179]

>>59114265
Auki is your best chance at making it

[Anonymous No.59122181]

>>59120771
Well you have more money then me st least

[Anonymous No.59122186]

>>59114265
>im not buying your shitcoin

Nigga just buy LILY, 10x by end of the week and get it over with.

[Anonymous No.59122623]

>>59121292
>inflation in EU is now 1.7% and money market fund are performing around 3.5% and 4.0% for ultra short term bonds which is what im holding
>this is surely better than the near ZIRP, ZIRP or even negative interest rates we've had for yeasr so I don't know what are you smoking
These are short-term aberrations; in the long term the MMF rate is basically the same as inflation, assuming the currency doesn't blow up. During ZIRP inflation was similarly extremely low, or even negative.
The missing thing is if you need to pay taxes on the interest. With basically 0% inflation and ZIRP you get a 0% real net return. If inflation and interest rates are both, say, 6%, then you actually gain, say, 4% return after tax against 6% inflation, so a roughly -2% real net return. There are obviously periods where inflation is higher or lower than interest rates, and in general interest rates lag inflation, but over time they're essentially the same.
A major weakness of MMFs is not being able to defer tax and compound on your growth like you can on e.g. stocks.

[Anonymous No.59122773]

>>59122623
im compounding on MMFs. I get interest over the invested value + the profits which are added daily. so i dont see how this isn't compounding.
dividend stocks pay high yield but the principal can dilute you or fuck you up in example the people that bought BAT at 2017 are still -50% so you would be stuck reinvesting your dividend yield hoping to make up for that and hoping it doesn't just keep crashing which sucks

so I was looking at VYHD ETF for a way to get around 3.5% with some growth with reasonable expectations that you will not get diluted long term and assuming more volatility than MMFs obviously. this would be for the cashflow part of my portfolio since im a NEET and I need to pay for some stuff. so the idea is to keep the rest on MSTR and hope to get to 2 million.

[Anonymous No.59122776]

>>59114381
this

[Anonymous No.59122806]

>>59122773
It compounds daily, but your payout is (typically) monthly, which locks in your tax liability.
With stock *growth* (putting aside dividends) you defer your capital gains until you're ready to spend and you continue to get returns on them until you do - you don't get a tax bill for how much your stocks have grown each month/year until you sell, once.
You're right that dividends have the same characteristics that the MMF payments do, and they also lock in a tax liability before you're necessarily ready to spend.
In an ideal world you pay tax exactly once on any of your gains, when you're ready to sell.
>VYHD ETF
That isn't a bad choice if the dividend yield is roughly what you'd spend. It also depends on how your country treats dividend and capital gains taxes but it might be better to take the all-world fund with a lower dividend yield instead, and sell some to realise capital gains as you spend. The total growth between the two should be basically the same, so you can pick the balance between dividend yield and capital growth that minimises your tax liability.

[Anonymous No.59123415]

>>59114551
Then by one or two studios and rent it out, retard.

[Anonymous No.59123956]

>>59114265
try ilm, its gonna rock the tiktok-disabled minds of all the genz kids that idolize streamers and manipulate their parasocial relationships to maximize mass adoption to crypto, its gonna be grand

[Anonymous No.59124111]

>>59122806
im talking about cashflows for monthly expenses, so i need to either withdraw manually or get dividends and im going to be paying taxes on these anyway. Taxes here are the same on both dividends or capital gains, as far as I know.
>>59123415
>decapitalize yourself buying shitboxes with high taxes and risk of defaults so you have no money to invest in actual alpha

[Anonymous No.59125149]

>>59114269
This your money are enough for do anything you want, don't be slave of your gains

[Anonymous No.59125255]

>>59114265
dump it all into 50% SCHG 50% SCHD

[Anonymous No.59127378]

>>59114265
Put that idle asset to work on YELAY and thank me later, noob.

[Anonymous No.59127406]

>>59120673
>It's not. Top 5% for 30-somthings is closer to $1.2m NW or $260k/yr income.
You're delusional, thats literally top 1%

[Anonymous No.59127442]

>savings
kek
that shit is worth like $90k in 2019.

[Anonymous No.59127473]

>>59114265
think ready player one:
https://x.com/ppddsspp/status/1846547825171034424

[Anonymous No.59128421]

>>59120673
>average net worth of above average person
wtf does that mean?

[Anonymous No.59128464]

>>59114265
Buy AUKI, it DePIN, Definitely a long-term hold but it will be worth it

[Anonymous No.59128533]

>>59114551
>I was used to make 10k a month, this is DOGSHIT. I cannot do shit with this shit.

What did you use to do?

[Anonymous No.59128545]

>>59114265
You'd be surprised at how little people have saved up, just check the stats, then feel better, look at the salaries people have after tax, people barely save shit, at least here. Just compare down.

Train yourself in something, anything, if you want a job that is. I was in the same position as you, I had £300k after tax from shitcoins at 27, I decided to work on a project (a game) because life is short and why not use the time and money to create something, leave something behind instead of a life of wageslavery, no matter how shitty the thing turns out? But at the same time I planned to build the skills required to make that game to be in line with what jobs in that particular field were most common (for example I learned to use UE5, instead of an indie engine like Godot, if I made mobile games, I would've picked Unity).

It didn't sell well, my gamble didn't pay off, but I still had money and I could use that completed project that was made with knowledge of industry standard tools as leverage. Using that game in my portfolio eventually landed me a job, which went smoother than I thought and I don't even have a degree.

I made an okay amount and saved a fair bit too, but was laid off after 3 years and now have something solid on my CV, references and experience at an okay company with a completed company project added to my portfolio.

I was onto my next solo game while barely looking for a job at all, I lucked out, it sold well and now have around £700k~ net, now I'm just dotting around Asia having the time of my life, patching my succesful game now and then and working on my next game, which is more personal without any thought for profit. Honestly, at 32 I feel old, so I'm just having fun while I can and creating something I really want to. With the money you have, you can afford to gamble putting your time into on any sort of stupid fucking dream like I did and honestly.

[Anonymous No.59128642]

>>59128545
i already lived the dream making 10-20k online and now I make 0
im not investing a single penny on any business, its just a money pit.

[Anonymous No.59128647]

>>59128545
also, "having money" doesn't matter
once you hit mid 6 figures, you realize that it's all about how much money you have comming in, and now with no income, i don't feel the relaxed situation of having an income back then

only when you hit like 2 million you can chill, which is why I need a 4 to 5x and I could be up there now if I went all in on MSTR but instead I fucked up and im only in 30%

[Anonymous No.59128726]

>>59128647
Are you OP? I'll reply to you as if you were. I suppose it depends on your goals. If you're mid 30's with that sum, better to think about what you could do with your time on earth. Overly worrying about money until you're 40 or 50 seems like a waste of time don't you think? A life consumed about thinking of money in this unfair retarded broken world and most especially without dependants (just assuming that because you live with your mum), me personally, I'm not blowing all of my money, but I'm spending it, I'd rather have 450k now than triple that at 50. "Making it" as a young person today is all about luck + grinding (emphasis on the LUCK), crime and mostly inheritance, that's reality.

It's best to think of that 400k as time itself, it's bought you time, to actually live as a young person while realistically most of your peers who haven't inherited money or lucked out are wasting their precious time in youth to wage slave, making up for that waste of life that could've been used in youth, but end up "making up for it" as an old greying man with an old greying wife in retirement if they even make it there before dying. That's not my style of living, personally speaking.

Are you just going hope for the best and stay frugal until you get "chill" money, chances are you'll be 50 or 60 by then or will probably never have it at all, especially if there's no hefty inheritance coming your way, which is how most of the wealth is realistically made now by the younger generation. Don't invest in business, just get a skill that'll be useful for a job as insurance for your future if you're really worried, but a job that you think you could bare, mostly all jobs are unbearable and drain your soul. Me personally, I'm done with worrying, I'm done with gambling, I could die tomorrow so I'm living while I can.

[Anonymous No.59128865]

>>59128545
>>59128726
Out of interest did you make content about the process of making the game? Seems like that's an easy win for getting eyes on the game if you can get some people following the process of you making it.

>>59128647
OP I really think you should listen to >>59128726
The reality is that 5xing your money in real terms takes a long time or a huge amount of risk that can leave you with much less, or zero, money. That's just the reality of how markets work; it's as unavoidable as gravity.
You should use it as a runway to position yourself to make money in a way that you can live with, and given your age you really should live some of your Real Life.

[Anonymous No.59128875]

>>59114265
>no froty
Ngmi

[Anonymous No.59128956]

>>59128726
>worrying about money until you're 40 or 50 seems like a waste of time don't you think?
I want to have 2 million now, which I could have if I went all in at MSTR. But pussy ass "risk management" fucked me up. I should have gone all up, after I lost my income statistically then I would need to have some good luck after, so I should have went all in. So now here I am like a 4x later wanting to kms. Going on now at $250 is much harder. I need it to go to fucking $1000 to get any relevant gains. kms

$400k is DOGSHIT. im stuck living with my mom until I have 2 million. no im not getting a job. if I had a job I would have never struck luck and made 400k online. having a job is just peanuts in exchange of having no money, unless you are a stemfag or a lawfag.

i would have over 2 million if i went all in on mstr months ago. this is the difference between making it and coping with some bullshit.

[Anonymous No.59128964]

>>59128865
>The reality is that 5xing your money in real terms takes a long time or a huge amount of risk that can leave you with much less, or zero, money. That's just the reality of how markets work; it's as unavoidable as gravity.

this bullshit advice is what kept me from going all in on mstr at $40, and is the same that is keeping me from going all in now. there is no real life without at least 2 million. i want to have 2 million and be able to finally move and still have enough money so i dont need to work. ive never had a job in my life.

the only way to make it is to get lucky, so get lucky.

[Anonymous No.59128994]

>>59114265
>(im not buying your shitcoin
no pain no gains

[Anonymous No.59129008]

>>59128956
Would've, could've, want this, want that. I need to be lucky. I need 2 million! So are you here to whine about wanting to kill yourself and about how unfair the world is? Are you going to whine until you're 40, then 50, gambling on stocks? Looking for a get rich quick scheme? Commit crime, make money by being a piece of shit, if you have no other aspirations in life other than making that cool 2 million, then go ahead and risk it all because you want to kill yourself anyway don't you? Maybe you could simply humble yourself and realize luck is against you and always will be. You have 400k and don't pay rent, you have a mother that supports you. if you can't make a life out of that, you can't make a life out of anything, that's the truth of it.

[Anonymous No.59129038]

>>59128865
No I didn't, the second game only had eyes on it because of a connection from my previous job to get me accepted by a good publisher and they did all of the advertising for me. As for devlogs, I would say it wouldn't make too much of a difference in terms of traction generally speaking unless you're making something that fills a particular niche that people are familiar with, you could get lucky.
The people that make those kind of development progression videos have a lot of views for their personality and who they are first and foremost, if you have that "Youtuber" personality you could try it.

[Anonymous No.59129077]

>>59114265
(stomp. stomp-clap)
I'M COMING UNDONE.
TODAAAAAAAAAY?
I'M COMING UNDONE.


I'M COMING UNDONE.

[Anonymous No.59129134]

>>59128964
If you think it's bullshit and MSTR is the magic trade that gives you a low-risk 5x then what's stopping you? Go all in, post it, and stop making these threads. I think you do understand at some level that something that can 5x your money in a short period also has high risk though, which is what's stopping you.

>>59129008
>So are you here to whine about wanting to kill yourself and about how unfair the world is? Are you going to whine until you're 40, then 50, gambling on stocks? Looking for a get rich quick scheme?
OP's been making these threads for a good while, so probably.

[Anonymous No.59129439]

>>59129008
why would I commit crime when I can go all in on mstr and get to 2 million? thats what im going to do and it will get to $1000

there's the risk that it goes to $1000 and i dont do it wiyh i would i also kms so lets buy

[Anonymous No.59129501]

>>59129008
also i dont have 400k i have as we speak almost 500k as my mstr position keeps riping kek so im a 5x away lets goo

[Anonymous No.59129514]

>21 years old
>Living without parents
>Got dropout from versity cause I failed to pay my fees
>Don't have any single dollars savings left to continue life

Want to start a business asap. But being in this conditions, I don't have any single hope left without 4chan. There is many high profile peoples. Can anyone slide me $2k so that I can start a food court business?

Will be expecting a response, mail at [e-mail]
Tg- @chetaudif

[Anonymous No.59130990]

>>59114274
kek.. parasail offers around 19%

[Anonymous No.59131024]

>>59120701
BTC wont even 2x any moment soon. but a low cap might just do the trick.
Legend of Arcadia has their TGE coming up, if you are early enough, you might just 10x that shit

[Anonymous No.59132425]

>>59131024
>Legend of Arcadia has their TGE
how many rupees they pay you to post that ser

[Anonymous No.59132937]

>>59114265
Go long different commodity/energy stocks for 2-10 years (depending on global events). My favorites are Uranium, Coal (met&thermal) and Gold (in the form of ETFs, royalties and mining). Just pick the top 5 of each sector and maybe the big industrial metal companies (bhp, rio, glencore, vale), add BTC&ETH and you will make money off inflation, war, crisis and growth in developing countries (they use thermal coal for energy, met coal for steel production). Uranium is headed towards a global supply crunch so maybe look into that.
Summary:
20% Uranium Stocks (& ETF)
20-30% Coal (Met&Thermal)
20% Gold (ETFs, royalty/streaming, miners)
20% industrial metals
10-20% BTC/ETH (no shitcoins, unless you know what you are doing)

This portfolio will probably 5-10x in the next 10 years + pay you at least some dividends every now and then.
__________________________________
alternatively, put a chunk into tobacco stocks that pay huge dividends. If you aren't a US citizen, make sure to buy british stocks so you can avoid withholding tax. Won't make you rich but will give you some nice income.
If you want to go even further, open an offshore holding company through which you invest your money. The stocks of this company are held in a trust. Everything belongs to you. You can still buy the same stocks, but depending on the country youpay 0% tax and depending on where you live (residency and company don't have to be the same country) you have 50% less expenses. Just make sure that you are a TAX RESIDENT in your country of choice. That way, 450k are enough to live off easily for the rest of your life while actually creating a bigger stash long term.
Hope that helps.

[Anonymous No.59133177]

>>59127406
Half of M2 was printed in the last 5 years. That 1.2m today has the same buying power as 600k in 2019.

My NE household earns 400k a year and we are barely upper middle class.

[Anonymous No.59133204]

>>59114265
You can look into passive income opportunities like content creation and blogging which you can easily monetize via Adsense, Ezoic, Hydro Online and its likes after some time

[Anonymous No.59133480]

>>59129439
I doubt if anyone would make money from that shitcoin

[Anonymous No.59133526]

>>59114265
thats enough to travel the world 50x over you silly fucking nigger. Travel for a year and maybe you'll find an opportunity to change your life (high likely), If not you have a little over 440K left, which is still more than what 95% of people in the world have.

[Anonymous No.59133618]

>>59133204
I think Hydro Online is the easiest monetization platform to get on in that list