/biz/ - Business & Finance

>>57272433
We've seen Bitcoin in a recession before - during the covid recession it pumped massively thanks to the US Government printing trillions of dollars. That printing led us to the situation we're in now.
However, this time is different because the US is stuck between a rock and a hard place thanks to their debt:GDP ratio and it's not that simple (probably) to just print to get out again.

>>24533713
>>24533743

>>18780151
>mfw I own an apartment that I rent out for 200% of the monthly costs
>mfw fixed 1,8% mortgage

You just need to get on the property ladder

>>16469881
True. Context is Sergey was drunk and reporter told him to stfu because he was filming. Sergey got mad and socked him. Alcohol is truly degenerate.

>>13483038

>>12759407
B
A
S
E
D

>>12733442
>and try not go get fucked.

Just remember: BUY HIGH SELL LOW

Rate my plan biz.

>have apartment
>mortgage is only 45% of the value.
>take out ~35% (I can borrow up to 80% of the value)
>~$230k
>pay 1% interest on the loan (1 y fixed).

When stocks have decreased by x amount I buy index funds and pray that interest rates will not increase faster than stock gains.

credit is a sick game
>be a good little debt slave goy

>sell me your bitcoins now goy

>>5547981
lol

>>1794655
Because mmos are addicted af.

When I was a young lad I made ~$1450 euros from Habbo Hotel. I traded items everyday after school and got a """job""" working with an official fansite where I was in charge of showing the average price furniture went for. I never showed what I had myself and made sure my items was raised slowly in price while i sold them off for real euros. Then repeat..

I want to be rich. Filthy rich. I want to be rich enough that I can bribe my way through life, to get all the chicks I want, and to control people around me. I want several houses, a castle and my own island. I want CEO’s to be afraid of me cutting off their capital. I want them to call me Sir, while I decide whether to found their project. I can only do this with almost unlimited amounts of cash.
How should I proceed in this endeavor? Right now, I might invest in current capital, $726, in several different altcoins to diversify my portfolio. After profits starts to roll in, I can use this capital to fund my lavish lifestyle.
I fear that $726 is not enough. How do I earn more money while in college?

BITCOIN BELOW $700 IS THIS THE CRASH?! DONT KILL YOURSELF MEMECOINERS!

>>1715298
>Earn $1500 a month
>Bets $10k and lose

Sorry. Your too retarded to become rich :(

Frugal thread:

>add compressed air to your propane tank to save on heating costs
>dip candles in melted candles lasts longer
>Use a campfire to cook your meals
>Knock on doors asking for donations for a church
>drive at night with headlights off to save money on electricity
>Filter drainage water and reuse
>Eat low fibre diet and shit once every 4-5 days to save money on toilet paper and water bill
>Brush teeth once a week only
>Turn in bottles in at super markets
>Only Shower once every 5 months
>go to laundry rooms, swoop in and steal dryer cycles (You can start a business this way)
>Use same water you use for bathing, defecating, cooking, and washing clothes
>Kill local wildlife for food
>Get water from ponds and rivers
>urinate into a bag of straw for six months then ferment it to extract potassium nitrate, turn that potassium nitrate into gunpowder which you can sell or use
>scavenge old Christmas trees and grind up the needles for a cheap alternative to deodorant (Great way to start a business).
>Take off a week before Christmas and drive around picking up delivered packages while the homeowners are at work.
>Re-use toilet paper and paper towels

>>1616058
Income tax is illegal in the USA famelam.

>>1004930
No goy invest in gold or pick your own stocks its the best way

>>900495
>mfw 23 and net worth ~$150k.

what are you doing mate

>>864855
>mfw left the stock market 1 month ago :^)

Gonna buy after the crash

>>786834
>mfw $5 a day is ~20k in 10 years

>>778880
>>778938

this.

>$1M
>gain 7% interest
>leave 2% of gain to cover inflation
>1/3 taxes on capital gain
>$33k a year
>$2750 a month while you just sit at home and shit post on reddit/bitcoin

>>763732
Buy 3 apartments and rest in index funds

>>758185
Tuition and fees at Cornell is only $47,050 :^)