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/biz/ - Business & Finance


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50538153 No.50538153 [Reply] [Original]

I'm a 20 year old zoomer who just entered the workforce a couple months ago and my parents let me live at home for free, give it to me straight, is there any point in saving my money that I'm acquiring at all or should I just put 100% of my paychecks into prepping a stockpile? I'm pretty blackpilled about the future 2bh, I see no reason why I should save money when inflation is going the way of Zimbabwe and we're about to have Brazil-tier demographics.

>> No.50538172

Wrong board. /pol/ and /x/ are what you're looking for

>> No.50538185

>>50538153
hybrid strategy imo, because timing is a problem. you may be 50 before it gets so bad you need that bunker and stockpile and arsenal. also what could happen is more of a weimar or russian revolution play. where you need a little of everything. So best bet is go hybrid, or diversify: some guns, some PMs, some stockpile, some slurping of the recession for equities. Think about it

>> No.50538214

>>50538185
This

>> No.50538237

>>50538153
User the gun to KYS

>> No.50538242

>>50538153
Save for a house we're you raise babies.

>> No.50538246

>>50538153
Well as a zoomer you should know that most likely you will be wrong, but you can plan for it regardless. You probably can't contribute to your 401k yet anyway so in the meantime save up for a ccw and good holster, a case of ammo, and a training class. Once you've trained with that first case then you can start stockpiling ammo. Don't worry about ARs yet, that is a secondary priority. Obviously buy extra non perishable food every time you go shopping.
Once your company starts matching 401k take advantage of that in case you have a long boring life (you will)

>> No.50538861

Bump

>> No.50540408

>>50538153
>I'm pretty blackpilled about the future 2bh, I see no reason why I should save money when inflation is going the way of Zimbabwe and we're about to have Brazil-tier demographics.
You're not blackpilled, your just stupid.
At 20 you should've been smarter than that.

>> No.50540416

>>50538185
The situation is entirely under control. Nothing like Weimar or Russia will happen.
The worst you can hope is a reply of America's 80s, but even that is far fetched

>> No.50540464

Spend some on prepping if you want, but I recommend contributing to a Roth IRA.

>> No.50540546
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50540546

>>50538153
I remember those days Anon, so fucking comfy and mom making you dishes , tendies. My mom use to make me some amazing home made pizza too, fuck I miss those times. Enjoy every second of it Anon, and yes invest it smartly back into cryptos , and other assets. So later you can take care of them or pay off their house. Do not waste money on stupid things.

>> No.50540558
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50540558

>>50538153
21yo euro chad here. I don't pay rent to live in my moms basement I spent my money to acquire 1 single sword that I will use in the apocalypse to loot and rape as my forefathers did. The rest goes into CHAINLINK. AMA

>> No.50540561
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50540561

>>50538153
>I'm a 20 year old zoomer who just entered the workforce a couple months ago and my parents let me live at home for free, give it to me straight, is there any point in saving my money that I'm acquiring at all or should I just put 100% of my paychecks into prepping a stockpile? I'm pretty blackpilled about the future 2bh, I see no reason why I should save money when inflation is going the way of Zimbabwe and we're about to have Brazil-tier demographics.

>> No.50540698

>>50540561
Fucking kek, op btfo eternally

>> No.50540704
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50540704

>>50538153
Son, I hate to be the one to tell you, but it ain't gonna collapse. Shit will limp along. The lights will still be on. What you should do is build up enough liquidity/cash to cover yourself a few months in case of emergency. After that invest in stuff like tools or certs that provide you value.

>> No.50540777

>>50538153
people who bet on collapse are ngmi ever
even if you turn out to be right, you didn't make it and you're getting robbed by niggers for your hoard of beans
>is there any point in saving my money
no
buy bonds if nothing else
do you seriously think there will never be rich people? as long as you're allowed to engage with finance you can make it and they still allow plebs to engage in finance

guns are a good hobby and they retain value
learning to press ammo and stuff is also a good hobby
it never hurts to be fit
but don't stock up on tens of thousands of dollars worth of shit that's retarded
and don't buy shiny rocks

>> No.50540789

>>50538153
>inflation is going the way of Zimbabwe and we're about to have Brazil-tier demographics.

and that's a good thing, heres why!

>> No.50540824
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50540824

>>50540704
What Certs do you recommend? I already have a niche job in computer work but nothing too fancy.

>> No.50540841

>>50538153
Invest in GME LRC IMX depending on your appetite for risk. GME is a sure bet at this point, look at the copious DD about the inevitable short squeeze.

>> No.50540845

>prepping a stockpile
Staying in one place and having too much shit isn't always the best strategy for when SHTF. Only prep what you can fit into the back of your Van and a bugout bag. If you don't have a Van then get one. If the place you are hunkered in doesn't produce food then you should be prepared to leave for somewhere that does.

Only reason to prep a stockpile is if you intend on sharing with neighbours who didn't prep at all.

>> No.50540882

>>50540824
Well, I don't think I can say because your life and education will play into what's best. What I would suggest is consider the things that absolutely need to happen to keep things moving, like supporting network infrastructure. That's just one example, though.

>> No.50540922
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50540922

>>50540882
I been interested in Cyber security, but I dont want to go to a 4 year. Going to have to research if I can do that with certificates.

>> No.50540958

>>50538185
Based. Diversifying between doomer and optimism bias is the best way to live.

>> No.50541011

Saving is retarded unless you already have 10mil to live off the 1% interest

>> No.50541134
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50541134

>>50540922
A fuck that, Ill just keep making it in Crypto until I hit my first million. Got close last year.

>> No.50541183

>>50538153
I've already decided and started preparing for the day I pull an hero. Toxic family, no friends, psychiatrist meds, no job, shitty health, shitty everything will do that to u. The beast system they're trying to create is weak right now. Right now is the time to strike like Uncle Ted said.

>> No.50541189

>>50538153
Just invest 90% every month onto crypto&the bottom of the stock market and leech off your parents until you are 35 and you will retire at 40 thats what I'm doing.

>> No.50541871

>>50538153
Kys chud