/biz/ - Business & Finance

>>20409299
I felt like this when I was stuck in my wage cage, but now that I work from home fulltime my lifestyle is about 90% the same as when I was a NEET and I love it. I just have to spend a couple hours a day getting work done and I have to call in to the occasional meeting. If you're the personality type that posts on 4chan all day remote work is ideal.
>don't have to go outside or get dressed
>no commute
>no normalfag coworkers in the office and all the bullshit they bring
>save money not just on gas but also because I used to go out for lunch every day in the office just to get the fuck out of there for an hour, now I can make myself lunch or if I do want to go out there are better and cheaper places by my place than by the office
>boss doesn't care if I sleep in and start late as long as I stay on late, which just means I just have to leave my work computer running later in the day (all the normies prefer to start early and clock out early so nobody is online after business hours to bother me or give me anything to do)
>after I get all my work done I spend the rest of my shift playing vidya or funposting or taking care of chores around the house

>he's not at least 50% in silver mining stocks
NGMI

>one chance at life
>born the favorite grandchild to both sets of grandparents, each of which have estates worth several million

>tfw grandparents are leaving me millions while my parents and siblings get next to nothing
Feels good being the favorite grandchild. I'm just running out the clock with a mediocre office wagecucking position until I get my inheritance, then it's the comfy NEET life forever.

>>11705067
OH AND SOMETHING YOU WON'T NOTICE UNLESS YOU LOOK FOR IT BUT I'M COOL SO I'LL JUST TELL YOU

See all the originating loans in 2015? How most of them rollover in 2020? People who bought in 2015 are already either at a loss or breaking even or barely ahead, by 2019 they'll mostly be at a loss, by 2020 they'll be in negative equity.

Most of them will be in negative equity in 2020 and most of them will be unable to refinance to IO. So they'll have to decide whether to pay a mortgage for a depreciating IP or to sell (either then or before then)

Options:

1. People pay the principle of a depreciating asset. They make a capital loss. They're losing hundreds of thousands of dollars. They have to cut back on other spending and the economy see's a lot of unemployed or underemployed as people stop consuming.

2. People sell the property. It sells for beneath what they paid for it. They make a loss. They owe the lender the difference and it either comes out of their savings, equity or security. To pay this difference they need to find the cash or sell the property that's being used for equity or security. This means they now have to sell other properties they didn't want to sell. Prices come down even harder because they were forced to sell once for the IO investment and couldn't refuse lowball offers, then they're forced to sell again to cover the difference and couldn't refuse lowball offers. This at a time when stocks are already piling up from 2018/2019.

Evening /biz/, I've come with a request.
Teach a poorfag student how to make cash (preferably boatloads) legally and I'll split the reward with you. I just want enough to moneymog losers in bars and casinos like pic related.