/biz/ - Business & Finance

>>14823125
Zoomerfag in uni hoping to retire by 30.
I only have 100k though. Not sure if I can /make it/ (=10M USD) only from crypto.

>>14823259
>only 100K
Might as well be a millionaire.

>>14823326
>can't buy a house
>can't be a permaNEET living off of interests and safe investments
1M-10M is the "making it" cut off depending on where you live.

>>14823125
ALL OF IT, EVEN IN MY SLEEP

>>14823259
If you have 100K, you can get a loan of $1M+ through SBA by getting a partner with extensive experience in whatever industry.

$1M+ invested into a decent industry and becoming an owner/operator can make you $300K+/yr if you're not a lazy nigger.

For example, my dad's business made 220K this year, with ~300K in assets (metalworking related).

>>14823125
Zoomerfag in middle school hoping to retire by graduation.
I only have 500k though. Not sure if I can /make it/ (=100M USD) only from crypto

>>14823797
Not even necessary. I'm in compsci and SV companies pay 200k starting anyway.

The point of "making it" is to never work another day and be able to do w/e the fuck I want after grad school without worrying about money or becoming rich. It's not really about having steady income and only making it in your 40s when you're too sick and old to travel etc.

>>14824165
>comp sci
>grad school
>Silicon Valley 200k maymay
Hooo boy you are one funny lad. You’ll see my boy.

>>14823125
Any Linklet with 1k will be Rich in about 5 months.

>>14824206
I go to a top 10 uni but ok.

>>14823259
>Zoomerfag in uni hoping to retire by 30
lol the work just begins at 30
you're still developing your brain before 30 as a man
you're still a child right now
you'll see

>>14823259
>retire by 30.
why would you do that?
I'm making more money than ever at 29, about to turn 30
if this keeps up, I'm lined up to make a shitton of money all the way to 40
if I stopped working now it would be a very stupid decision
>(((retire)))
yeah that's not happening

>>14823688
>can't buy a house
yes, you can
>1M-10M is the "making it" cut off depending on where you live.
you're a fucking retard. I'm going to enjoy taking your dad's money

>>14824165

>>14824295
I don't disagree. But I just want to stay in academia or passively maintain a small business without worrying about $.

>>14823797
>my dad's business made 220K
ok kiddo

>>14824355
>without worrying about $.
the more money you have the more preoccupied you'll get
wish I could say it differently, but the game is calibrated to keep you running and productive
I can't complain, I get rewarded well enough for it and am in line to start a big family with my waifu
cheers zoomeranon, good luck to you
strap yourself in by the way
a man is made or broken on his journey to 30, set your trajectory up correctly and you'll be just fine

Retirement doesn't necessarily mean stop working, it means stop working for (((them))), it means controlling my own destiny.

>>14824393
>the game is calibrated to keep you running and productive
https://youtu.be/cpbbuaIA3Ds

>>14823797
What's up with people referencing daddy when trying to make a point on this board? Fucking children

>>14823259
>4 years and 5 figures of debt wasted "networking" with other clueless, drunk children
>has meme aspirations like a four day work week and retirement by age 30
Not gonna make it

>>14824313
Because wageslaving soul-sucking and living in a city is detrimental to my mental health. If you had enough money, why wouldn't you want to retire early? (or at least do something you're truly passionate about, like rescuing animals or owning a library, art gallery, etc. without having to think about money)

>>14824336
You can't buy a "nice" house. Why are you so triggered? 100k/year is literally considered low income in some cities.

>>14824313
>I'm making more money than ever at 29, about to turn 30
>if this keeps up, I'm lined up to make a shitton of money all the way to 40
Ah, the mind of a waggie

>>14824479
>Because wageslaving soul-sucking and living in a city is detrimental to my mental health.
I run my own consulting firm and am fortunate in that regard
I want to go from a CEO to investor and financier later on in my life (assuming it works out the way I plan)

>>14824479
>If you had enough money, why wouldn't you want to retire early?
because it was never about the money
money is just the fuel I need to accomplish my vision

>>14824500
>Ah, the mind of a waggie
lol I have my own firm, just because it seems like an impossibility for you doesn't mean that is the case for others

>>14824468
>he fell for the "higher ed is meme" meme
I'm debtless (scholarships + nasdaq gains + passive income from online biz) and only ever network with profs since I'm spergy. Besides top STEM schools are worth the cash and time if you're high IQ.

>>14823125
I'm spending TIME to get more TIME that I don't have spend waging.

>>14824344
its good knowing we'll have another to join us in the coffin after he graduates

>>14824500
>Ah, the mind of a waggie
Ah, the mind of a pleb
fucking zoomers
>mfw

>>14824512
So you and I are on the same page. The endgame is really about living a fulfilling life, whether it be owning a research lab or a charity or becoming an angel investor or being able to say 'fuck it all' and travel around the world for a year or two.

>>14824734
>So you and I are on the same page
I would say so
I would never recommend wage cucking to anyone as a long term career prospect
I've seen what happens to people in their 50s
companies do the cost/benefit and figure that it's cheaper to payout a severance package and unemployment package than it is to pay out their pensions
so they come up with some bullshit excuse such as KPIs (key performance indicators) to justify firing your ass so that you can't hit them back and sue them for wrongful termination (by arguing they're doing it right before your pension is going to be paid out)
>hint: that's why HR loves KPIs, they are ammunition to be used against employees, especially nebulous and not so easily tracked KPIs
wagecucking is death
you should always have at least a side gig going that you plan on switching over to full time
that or become a partner

>>14824774
If you haven't retired by 50 you've been doing something wrong

>>14824802
tell that to boomers
they're getting their asses kicked out the door by large companies right before their pensions is paying out
it's a disgrace what these companies are doing
but they lobby the government so hard that regulators hands are tied
all a big company has to do is threaten to mass layoff and then it becomes the governments problem of paying out unemployment insurance

100% of my time is dedicated to getting rich

>>14824546
Thing about IQ distribution is that the vast majority of people fall in an area where higher ed wouldn't be profitable for them to pursue it. Dumb goin' in, dumb comin' out. I'm ignorant, impulsive, and socially inept, so I determined it probably wasn't right for me. I'm taking steps to overcome these behaviors, however. Memes aside, I sincerely wish you find success at some point.

>>14824832
>Thing about IQ distribution is that the vast majority of people fall in an area where higher ed wouldn't be profitable for them to pursue it. Dumb goin' in, dumb comin' out.
I keep trying to explain this to people
they look at me like I'm a monster
why do they do this to themselves
it's unnecessary
is it an ego thing?
>just smart enough to realize that they're not smart
>not smart enough to do anything about it

>>14824734
my initial point, and I still stand by it, is that your work has just begun
if you think it's going to be smooth sailing from here on out once you (((make it))) then I've got a bridge in Antarctica to sell you
https://youtu.be/QetvK6ldl2s

>>14824268
>top ten uni
>relevant

pick one

>>14823125
well I am 26 now... so add on 24 years till I am 50... 24 years. How much money do I get?

>>14824802
>If you haven't retired by 50 you've been doing something wrong
some people have forgotten their a,b,c's:
https://youtu.be/elrnAl6ygeM

>>14824546
What’s your major, Anon?

>>14824909
Eh, I was a lazy fuck in high school, had my ">muh startup" phase working on projects instead of grades. Hoping to get into MIT/Caltech/ETHZ for PhD.

>>14824937
EECS + Math.

>>14824928
>some people have forgotten their a,b,c's:
A - Attention: "Do I have your attention"
I - Interest: "Are you interested? I know you are. 'cause it's fuck or walk, you close or you hit the bricks"
D - Decision: "Have you made your decision for Christ!?" (look at that scene at 4:30, you see the light flash on the grid lattice ceiling when he says Christ)
https://youtu.be/elrnAl6ygeM?t=267
A - and Action

>>14824857
Everything's an ego thing. It's what being human is about. I just try not to look down on others too much, it's probably my worst habit, besides smoking dope and cranking it.

>>14824256
Is this true?

>>14825032
>look at that scene at 4:30, you see the light flash on the grid lattice ceiling when he says Christ
mfw wh(O)a it's true
>pic related another grid lattice "ceiling"

>>14824983
Nice. Math is a good compliment, and you were smart not to focus on it solely.
I’m graduating soon with a CivE degree; your highest chance of financial freedom is going to come from starting your own business somehow.

In STEM jobs, even those that pay well, you still have to move up the ladder, usually slowly, and if it’s a bigger tech firm or somewhere too urban there is an active hatred for white male workers unless you are an absolute genius.

My advice would be to think of ways to make money outside of your degree and use that more as a “backup” unless your true interests lie there, then you can start your own consulting firm or something.

t. 21 y/o boomer

>>14824983
>EECS + Math.
based
I studied physics and later quantum information for my graduate
took a lot of math department courses, the profs would always laugh at how the engineering physics students had better grades than the math faculty students even though it was a math department course
I think it had to do with the fact that practical application of the theory helped solidify and anchor the concepts in your imagination
by tinkering and experimenting you refined the theoretical knowledge much more deeply and in a tactic manner
this is why all the greatest minds were always pre-eminent scholars and productive in a practical way as well

>>14824983
>EECS + Math.
you've played with this concept right?
which year are you in?

>>14824983
>had my ">muh startup" phase working on projects instead of grades
one of many phases
>gif related
the clock keeps spinning though

>>14825075
>there is an active hatred for white male workers unless you are an absolute genius.
s'true
>t. genius

I’ve got 40+ years till my retirement age so try me
NEVER SELLING MY LINKIES

>>14825075
>My advice would be to think of ways to make money outside of your degree and use that more as a “backup” unless your true interests lie there, then you can start your own consulting firm or something.
it really helps if you get connections and someone to lift you up
you will need financiers and people to loan and give you money and if you're really lucky/skilled you can have people willing to help you
that will turbocharge your ascent
sounds like it's asking a lot, but no one said it was going to be easy

>>14824449
>What's up with people referencing daddy when trying to make a point on this board? Fucking children
by your logic you would say Trump is a child for referencing his father
I'm sorry you can't say the same anon

>>14825157
Yeah, comes up in 1st sem EE courses.
And 2nd year engineering analysis covers complex variables and fourier in more detail, although it's pretty babby tier compared to the math department courses.

>>14825339
>Yeah, comes up in 1st sem EE courses.
it's very interesting how it applies to the nature of light and the geometry of space-time
do you learn any physics or math related to special and general relativity?
also you might appreciate this video
show it to your fellow students and professors, I'd be happy to hear what they think about it:
https://youtu.be/dv-no3aXTdM?t=227

>>14825209
Geniuses don’t post here. Maybe higher end spergs, but not true geniuses.

t. Higher end sperg

>>14825429
>t. Higher end sperg
opinion disregarded
>t. super-omega-giga-genius

>>14825429
>Geniuses don’t post here. Maybe higher end spergs, but not true geniuses.
heh...I used the dreaded "G-word" again hahahahahaha
apparently it's a mortal sin in modern society to say that you are so supremely confident in yourself and your ability
I'm not stepping on anyone else or stealing someone's smile by saying that about myself
whatever your "high end sperg" means, I don't care for it

>>14809169
>42 is the not only the highest IQ poster on this board, more importantly he is the most hilarious as well
>>14809199
>42 how do I contact you privately? I wish to learn more.

>>14825417
>special and general relativity
Nope, but heard it's hard core diff geo at least at my school.

>>14825472
It’s hardcore alright lol
But that’s what makes it fun

>>14823125
Wrong.

Wealth = Time x Energy x Knowledge x Wealth x Luck

>>14825495
Wealth = Luck x Failure x Monomania x Sociopathy

Then divide by liabilities

>>14825618
Na, my formula is actually correct. Your personality is irrelevant to making wealth as long as you input energy.

>>14825639
not if your personality is a cuck who gives wealth away for nothing

>>14825650
Everyone wastes money on things they dont need. There is no difference between throwing away $1000 to some dumb titty streamer and spending a lifetime buying junk food, booze or drugs.

>>14825495
Time is the only real asset.

>>14825639
Your personality is absolutely relevant. I mean being a sociopath in terms of business i.e. "disregard women and competition". Being likable in general gets you further in the world than competency. Yeah I fucking said it.

>>14825702
Time means nothing if you do nothing with it, ergo why energy is important.

>>14825702
>Time is the only real asset.
correct
that and other people's minds and bodies
but of course no one can really "own" someone
however, people are all too willing to hand it over

>>14825725
Falls under knowledge and energy. Its not a unique quality. Either putting in the effort to fake it or having the knowledge to be nice for its benefit.

thats why i only hold, im a investor not a stupid gambler.

stupid /biz/lets wasting their youth in front of desk watching charts, still they might lose like many days or moths of profit instantly in a flash dump. not only they lose money but time aswell.

just hodl it and go enjoy the summer.

>>14825725
>Your personality is absolutely relevant
lol it's practically everything
>rapid personality change
>video related:
https://youtu.be/SPuRxF6P5Hk
rapid personality change (if it is in a positive direction) used to be called enlightenment
"rapid personality change" is too newspeak for me
I prefer the older term of enlightenment
you undergo physiological changes in your perception when you go through this process:
https://youtu.be/d2afuTvUzBQ
he wasn't just being figurative when he said your eyes would hurt

>>14825686
there is a difference, a spiritual difference, and it matters

>>14825725
>Being likable in general gets you further in the world than competency. Yeah I fucking said it.
of course it does lol
whoever says otherwise is a deluded chump

>>14823259
all the zoomers at my job talk about retiring before they hit 30.
kek

>>14823797
Omg I just realized how stupid I am and I will never make it, I don't understand any of this. I will NEVER have a gf

>>14825740
Your formula isn't as concise is the point then.

>>14825818
>all the zoomers at my job talk about retiring before they hit 30.
lol they have much to learn

>>14809169
>42 is the not only the highest IQ poster on this board, more importantly he is the most hilarious as well

>>14825275
By your logic you're saying people on this board are Trump.

>>14824313
You realize you're going to die at like, 80, right?

>>14825835
it is, you're just lacking in the knowledge part of your life :^)

>>14825883
>You realize you're going to die at like, 80, right?
it gets more dubious to try and predict further out, but I never said I would stop at 40
I didn't think I needed to explain that, but it appears that I do

>>14825870
>By your logic you're saying people on this board are Trump.
because Trump is a child of his father?
as opposed to being a child of not his father?
lol everything alright there big guy?

>>14825870
>people on this board are Trump.
https://youtu.be/zyJ31R5Xcrw
>42k likes
heh...

>>14825923
We will disagree then. Stack that paper anyway King.

>>14825923
>>14826001
semantics
>time
>energy
>etc.
you can't encapsulate everything in one concept
it entirely depends on your scale of analysis and the usefulness of that analysis to your aims and conceptions
arguing over the definitions of words is pointless
everything is vibration
that is the "clockwork" of reality
or rather I'd like to call it: the semantics of God

>>14825463
If you haven’t solved RH or any problem of similar caliber (or at least gotten close) then you’re just LARPing.
It’s just cringe more than anything, and something only people with an IQ of 110 say.

>>14826001
>>14825923
here's the relationship between energy and vibration (aka frequency, aka how we measure time)
the momentum of light uses planck's constant as a scalar

>>14826063
>If you haven’t solved RH or any problem of similar caliber
who?
>if you don't know the solution to a specialized specific subset of a problem then you're just a fraud
>source: just trust me bro
yeah that's going to be a hard no from me dawg

>>14826063
>It’s just cringe more than anything, and something only people with an IQ of 110 say.
if only

>>14826063
me calling myself a genius upsets you
it should
but not for the reasons you imagine
>describing yourself as a "higher end sperg" as if you were an automobile brand
pathetic

>>14826047
>>14826065

May financial blessings come yr way too brother.

>>14826164
thank you, you too brother

>>14823125
Ill take the rest of my life if I damn well have to. But I WILL have something to call my own.

>>14826100
I said “or a problem of similar caliber”
Could be any field. Any. You haven’t done shit because you’re not a genius. It’s not upsetting it’s just cringe.
High-end sperg refers to most people on this board not just me.
Quit larping

>>14826333
>High-end sperg refers to most people on this board not just me.
speak for yourself, I certainly am

>>14826333
>You haven’t done shit because you’re not a genius.
you have no idea

>>14826333
>Quit larping
larping as what?
an anon?
as opposed to?

None, because I'm not a wagie. My assets pay my bills.

>>14823125

>he spends TIME
>he doesn't accumulate TIME

>>14824268
Have fun with a third of your income going to federal and california state tax and another third going to housing unless you want to live in a pod like a bugman.
Do you like cars? Well some of the highest gas prices in the country.
Or guns? Too bad
Do you like weed? 30% tax on weed.
How about crypto? No capital gains, all gains count as state income tax
Want to own a home? Earthquake insurance is astronomical so most don’t get it, but if your place gets condemned tour shit out of luck

>>14823125
Spent nearly 10 years of my working life to make it. Was worth every hour.

>>14827698
love that pic hahahaha

>>14825157
>>14825178
https://youtu.be/sKtloBAuP74
>in the land of the blind, the one eyed man is king
>pic related
Euler had the mark of Odin

>>14827807
>Euler had the mark of Odin
>in the land of the blind, the one eyed man is king

>>14827851
https://youtu.be/NM-zWTU7X-k
https://youtu.be/obCjODeoLVw

Euler's formula is ubiquitous in mathematics, physics, and engineering. The physicist Richard Feynman called the equation "our jewel" and "the most remarkable formula in mathematics".

>>14827807
Euler's formula (pic related)
Nikola Tesla: 3-6-9
and 42
very interesting