/biz/ - Business & Finance

Good morning /smg/ hope your weekend is off to a good start

>>55568016
When I was a kid, seeing a gay username on Xbox live was a joke. These days it just means the user is actually gay

>>54771254
they would also behead OP for being a faggot.
>some of the best coffee in the world
is that why they stick in cardamom and a fistful of sugar? the only thing arabs are good at roasting are their wives faces, with acid.
drink jamaican blue mountain if you want coffee, grind your own, and use a french press. that, or just drink monster like the 30 year old boomer you actually are

>>50494244
not me bro im gonna rock forever

>>49881029

Imagine becoming a millionaire from crypto and not even reading one whitepaper.

>>25225040
Heh, nothin beats metal. . .

I need to pay off 170k student loan. What crypto to get into and how much principal needed? Will hold for years.

>>19092694
Got a Bachelor of Arts in Political Science. Completely worthless degree, I was young and followed my boomer parents advice that every other millenial got. "Just get a college degree and you'll be fine. It's a one way ticket to the middle class!" And "Study something you're interested in and passionate about". LIES! Even though my degree sucks I did learn a lot of social skills in college that I wouldn't have otherwise which has made a difference in my career. So there's that.

If I could go back I'd study finance or economics but I'm not falling for the college meme again. I grinded for a few years in car sales and long story short now work a mid tier job in banking. Make about $65k/yr which works well since my area has relatively low cost of living. Also make some extra from my rental property.

Protip: look at a college degree as an investment. What will you get in return for what you spend?

>>18282400
Imagine not knowing howto stop loss

Do people actually place positions and not work out a stop loss/profit beforehand? Do people not take a minute to evaluate risk?

This is why brokers exist, leveraged trading isnt for dropout peasants. If you liquidate, its because you deserve it, call it idiot tax.

>>18146126
>bye virgins, Wrong place to ask advice to a bunch of fuck ups themswlves

I aint the one doing meth and getting homeless. Youre a fuck up, a drain on society. Get your act together. While i was busting my ass working to pay taxes that go staight to the pockets of fuck ups like you, you were sitting in your ass with hobos sucking meth being a retard.
I have no empathy for people like you, i dont even see the point in helping you people. You chose to be a piece of shit, everything you have done is your shitty decision making, you cant teach common sense to a retard like you. you chose your life, deal with it.

Who here thinks this china virus nonsense will be over in a month and our governments and media are just promoting fear for more control.

>wuhan back in operation, production as normal
>common malaria drug proved effective against fatal symptoms
>testing effective and used widespread
>economy crippled and virus used as scapegoat, for things we kew would collapse again since 08,
>congressmembers caught insider trading, shorting hours before market downfall.
>a mutated common flu taken more seriously than meningitis or h1n1
>freedoms being removed under state of emergency laws and nobody complaining, does anybody remember 9/11?

In 2 weeks things will calm down. In one month nobody will care anymore, and markets will correct.

>Highest birth rate in western civilization 1955-1965 3x what it is today
>Average age of cashing in retirement savings age 65
>Retirement funds make up around 55% of global share market.
>boomer age group make up 41% of global retirement funds
>Approx 10,000 boomer retire every day
>Averge retirement withdrawl approx $228,000
>mfw 2,280,000,000 withdrawn a day approx
>832,200,000,000 a year
>Birth rates peaked 1961
>1961+65 = 2027
>Peak market collapse 2027, after boomers suck $5,825,400,000,000 from global market after 7 years.
>Your retirement fund will be worth shit
>You will not get a pension
>Govt will bail out boomers and the debt will last generations after.
>Boomers buy new boats while our taxes go up,thats if we are still employed.
>Michael Burry says ETF's are overpriced shit

So who is going short on the S&P 500?

Anyone ever move back in with their parents? Like after graduating, or having a professional job for a few years? How did it work out?

>>17052492
Cool, enjoy your 5% return compounding annually eating every red arrow like a cuck.
maybe call up your broker to buy some a few more thousand shares of Ford

>>17026724
lol the V's are fucked
i didn't know there were indexes sorted by alphabet

>>16896239
It is, good job anon

>>16876684
How about for a networking? Say you were a hapless NEET but could buy a suit and turn up and be sociable. Any networking to be had or is it pretty much just Boomers wanting to talk to the manager?

>>16870807
if it goes up and down and the check clears we're fine

Who here is preparing for an abrupt life change that will take place tomorrow? You can kiss your wagecuck life goodbye.

>>16410238
Some more education for you. Boomer is slang, it doesn't mean literal boomer.

>stay in school as long as you can anon!
why do my boomer uncles always tell me this? im a poorfag and can barely afford to do anything

>>14894644
Kek gave you dubz.
You know what you have to do.
EXTRACT THE GOY'S WEALTH
BECOME THE BOOMER.

So to preface this, I’m a fucking moron. Not low iq or anything but I’m a lazy dumb shit who has squandered ten years of my life for 35k a year. I’m also in a small amount of debt. Looking for any advice on how to escape this hole I’ve dug for myself.
>29
>ten years at a restaurant making 17 bucks an hour
>7 grand in credit card debt due to reckless spending
>rent is 670 a month for my half
>spend 50 bucks a week on alcohol
>30 on nicotine
>30 on gas
>60 on food
>ten bucks a month on entertainment
>350 a month on debt payments
>25 a week on tolls
I never go out, I cook at home, I got rid of cable, Netflix, Xbox etc to save some more and I pay everything on time but I’m gunna be stuck like this for at least three more years paying off debt. I also dropped out of college but paid off that debt pretty quickly.
Any advice on how to get the fuck out of this?