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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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19833811 No.19833811 [Reply] [Original]

Why don't rich people just spill the beans on how to actually make money? Wouldn't the increased economic output by the rest of us benefit everyone in the end? Like what's the point in holding on to earthly secrets when we are on the verge of entering space age?

>> No.19833844

>>19833811
Money is power. Why share it with the little guys?

>> No.19833897

>>19833811

Increase your income or reduce your costs while trying to maximize the value you offer to others in return for money

>> No.19833909

Money is relative. Also if you're selling something there are only so many buyers. If all of society had PHDs, there still is mostly McDonald's jobs and worker positions. You can't just scale up economys like that.

>> No.19833919

There are no more beans. In fact they put regressive taxes on you just to make sure you cant join them. They need us to wage.

>> No.19833920

all resources are ultimately finite

>> No.19833974

Rich is relative, so it’s not possible. There will always be winners and losers (rich and poor)

>> No.19833993

>>19833811
Just make money retard

>> No.19834175

>>19833811
I imagine you constantly have a look on your face just like that Pepe.

>> No.19834259

>>19833811
>who’s Robert kiyosaki

Even when they do spill it, you retarded moronS won’t read it. If they transcribed it to audio, you retarded morons won’t listen. Just admit the real problem isn’t them. It’s you. But then life gives you a reboot via reincarnation, and you still lose. Lmao. Just admit it’s your karmic destiny to never make it and your only solution is the lake of fire.

>> No.19834424

>>19833811
sorry bro my grandfather taught me this ritual that takes 2.5 minutes each month and results in hundreds of millions of wealth generated but if everyone could do it i'd feel less special

>> No.19834458

>>19833811
>be born in the wealthy class
>be lucky
>work hard (optional)

>> No.19834641

>>19833811
they do, constantly. you just don't spend the time to figure out what they're saying

>> No.19835151

I keep trying to tell my friends about investing but they only care about normie stuff like netflix and hating trump. When I bring up anything money related their eyes glaze over and they change the subject. People are raised to think money is impolite conversation so they stay in the dark. They're doomed.

>> No.19835321

>>19833811
>All you have to do is save $500 a month, max out your 401k contributions, and invest 50k in the stock market.
I have been told something similar to that by all rich people I have asked for financial advice. Its like they have no clue how hard it is for the average wagie to save even $100 out of his paycheck each month.

>> No.19835513
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19835513

>>19834259
Haha, so right it hurts. There is plenty of knowledge out there for anyone with an few hours free time each day and an internet connection.
People choose to prioritize other pleasures instead of becoming rich.
If you really wanted to be rich it would be burning your soul every waking hour and you would not do anything else, no games, no movies, no family, no gf.
Just every waking hour after your McJob read and testing and working like hell to figure out what will generate cash in the 2020 market environment.

>> No.19835785

>>19833811
because it's all pure luck. right place, right time, right connections, right family etc etc etc. and they fucking know it. they don't "spill the beans" because there are no beans, but they act like there are beans because it gives them power over you.

>> No.19835792

Power is never given, only taken

>> No.19835851
File: 2.69 MB, 576x324, THE RIDE NEVER ENDS.gif [View same] [iqdb] [saucenao] [google]
19835851

>>19835321
>>19835513
NIgger, if you can't save $100/month you're a bonafide failure. I want you to list your take home monthly pay and enumerate your expenses exactly. Right now.

For the rest of you, here's a free PDF for the how to guide in allegory form.
>https://thebudgetnistablog.com/wp-content/uploads/2016/01/the_richest_man_in_babylon.pdf

>> No.19835901

>>19833811
>NOOOOOOOOO YOU MUST SHARE YOUR TRADING STRATEGY BECAUSE I WANT TO CREATE MY TRADING BOT
>BAD TRADING PRACTICE?! WHO CARES!! I WANT TO MAKE MONEY REEEEEE

>> No.19835907

>>19835851
I've never made more than $20k a year in my entire life and I have over 100k in assets, luck/divine intervention was involved, but if I could do it anyone could. God is amazingly merciful and wise.

>> No.19835947

>>19833811

OP... Think about why people try to become rich. It has something to do with cooming in prime pussy. Now think about how much of this there is to go around. The fed might have a money printing machine but no amount of QE is going to give us more places to coom in. Flooding the world with more millionaires, more phds, more tren infused gymcels all leads to the same thing... inflated value of pussy

>> No.19836058
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19836058

>>19833897
>Literally just this
People don't pursue wealth because it is easier to spend 5 hours every evening watching TV/playing videogames/browsing the internet, than rebuilding a house to rent out or working on a side business. I recommend becoming a redpilled racist, it ruins 99% of digital entertainment and fills you with a burning hatred for the system. At that point you can only be satiated by funneling your anger into productive activities.

>> No.19836065

They make money by owning a lot of shit that pays them more than they can possibly spend. In short, rent seeking. They own, you rent. To get to that stage takes some combination of skill and/or luck.

>> No.19836077
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19836077

>>19833811
Its forbidden by the talmud to reveal their secrets

>> No.19836091

Usury and rent seeking

>> No.19836104

The game is to be sold, not told.

>> No.19836148

Because there is not enough labour one production for all to be rich. Cappie stressing is just one more way to be a cuck

>> No.19836181
File: 427 KB, 640x481, Hey man, you got my money or do I have to break your fucking legs.png [View same] [iqdb] [saucenao] [google]
19836181

>>19835785
Also, this anon is being a defeatist faggot. The fact is that most millionaires in America are self-made. And they got there by not being a bunch of low-IQ, high-time preference monkeys that save up 90 dollars and blow it on a new pair of shoes. It isn't enough to be just saving up 10% of your takehome pay (minimum). You need to put your money to work for you while you're still youngish.

This takes different forms, non of which will be appealing to the coom-brain dregs that keep trying to speculate (gamble) on which shitcoin is going to take off and solve their problems. Even if you only keep back $100 every month for a year, that is 1200 by the end. A small sum to be sure but we can start there. Clearly you must have a shit job right? Nope. People 50k apart in earnings both complain about not getting anywhere despite how much they work, because they let their spending grow with their income, rather than strangle their dumb wants to death. If you're legitimately only worth paying minimum wage, its because you're minimally valuable. You need a plan and a path with milestones that spells out what job (and earning range) you want, and what kind of training or education you need to get there, and you need to maintain keeping at least 10% back once you break out of poverty-tier pay.

Make money work for you and multiply by investing it. If we had a real stock market you could put it vice industries, blue chips, other sure things, then immediately reinvest your dividends back into them, with the idea of letting compounding interest work for you. However, we don't have a real market right now, so that's your decision. Its a similar discussion to maxing your 401k contributions until they grow themselves. You could be a small silent partner in a new business that had a strong plan and good leadership. You could even get good at taking advantage of credit card benefits that you never let accrue interest. Every dollar is a soldier, give them orders for fuck's sake.

>> No.19836195

>>19836181
*sip*

>> No.19836199

>>19833811
I've told lots of people how to get rich, they won't do it.

most don't believe me
even if they believe me, they're too lazy to do the work
even if they believe and aren't lazy, they aren't smart enough to pull it off
and even if they're trusting, industrious, intelligent and willing, most can't handle the multiple failures that always come before success.

People are idiots, and telling you how to get rich doesn't do a damn bit of good.

>> No.19836204

unironic rich person here. money is security and power and nothing more. it all depends on how expensive your "(((lifestyle)))" is. people who refuse to live under their means are doomed to be poor forever. budget learn try do is all you can do, luck and finding a niche is the best way to accumulate wealth

>> No.19836216 [DELETED] 
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19836216

>>19833811
They already have. The problem is that poor people spend all their extra money and go into debt. It’s not that their is a secret, but most poor people just aren’t capable.

My team is launching a token on uniswap and many other exchanges in a week. Join here:

https //discord gg/ 2g 2F tWM

>> No.19836245

>>19834424
Share it bro no worries you're still my shining star

>> No.19836273

>>19833811
I'm rich, here's the secret as to how I did it:

I was born into it, my parents are rich and now I'm rich, pretty easy isn't it! Now that you know the secret it's time for you to go out there and increase economic activity!

>> No.19836325

>>19836195
Why don't you enlighten the thread with your wisdom little zoom zoom? And before you say 'just be lucky' remember that most people who hit the lottery end up just as broke as they were before, because they don't have the habits necessary to hold onto money, let alone grow it. The fact is that most people are stupid and impatient, and frankly they deserve to suffer and be eternal debt slaves until they die. But the way out is simple.

>> No.19836327
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19836327

>>19833811
>You think there are secrets
There's just rules that sound like common sense but go against human impulses and are really just about saving money/time until your openness leads you to an opportunity to use both. Every successful person I've found has freely told people how they did and how'd they do it now. Every time they say it, people get the high of feeling motivated and then don't do shit. They then wonder why their poor and become socialists. The rich can't do much more for you. People have to put in the effort after being told it.

If you somehow haven't heard these common sense rules yet (impossible) then just listen to the Naval rant. https://www.youtube.com/watch?v=nQAP6el66MU

>> No.19836356

>>19833811

I just did here. Funny thing is many people here could recieve a step by step guide to make a guaranteed million but wouldn’t because it is too much work.
>>19836146

>> No.19836378

>>19836356
I admire your making money on the backs of the retarded. However, shitcoin PnD is small fish. If you really want to make money by separating a fool from his money you need to get into creating 'boutique' sub-brands of bog standard liquors.

>> No.19836411

>>19836378
This is just a trade i’m giving away for free. Definitely not handing my best stuff off to the mouthbreathers here.

Also, its a bigger trade than you think. 45M USD in BAT is outstanding as a borrow. The total profit of this trade will be 12-20M distributed amongst whoever takes it.