/biz/ - Business & Finance

>>50771273
he is right. it's a massive leg up relative to goyim who were brainwashed into thinking independence means moving out at 18 to become a perpetual rentslave putting away $5-10k/year into savings, if they're lucky.

>>50771297
>>>/pol/

>>50771297
rentcucks don't save any money

>>50771317
He’s right ya know

>>50771297
100% White boomers kick out their 100% white nazi kids out at 18 so they can pass through the national socialist rite of passage, fending för themselves in the free market to prove they are as superior as they claim

If you’re a nigger and scored B’s throughout high school and got accepted into a highly ranked university with scholarships solely because of “diversity”, you’ve had a massive leg-up.

>tfw live rent-free with parents at 28 years of age without having to work a single day in my entire life
Life is good.

All my friends have parents who are leftists that don't care or actively encourage their children to live at home instead of needlessly buying a home. I make more money than them yet can afford less and have less investments because a third of my income goes to ever-increasing rent. They even said I need to buy a house soon because "you're not going to inherit one because we're going to reverse mortgage after retirement." I can't wait to throw my parents into a retirement home. Holy shit.

>>50771317
>>>/reddit/
>>>/kys/

>>50771342
put them in the worst one, with only black employees

>>50771297
I’m 25 years old still live with my dad.
Here are my stats
>Only have worked 1 year where salary was 65k(now 80k as of late week)
>$6k in liquid savings
>$10k in 401k
>$10k in crypto (All in ICP)
>$30k car completely paid off
>$25k in gov student loans (haven’t started paying yet)
Can someone give me advice on what I should do for my second year for my finances? I DCA $500-$1k into icp a month. Im not really sure what route I should go in my situation.

>>50771273
And you had a “leg up “ by not being born retarded or in a wheelchair
There’s no such thing as equality of opportunity .
Simply find the best individual for the job

>>50771388
>his biggest investment was a car
ngmi loser

>>50771411
Never said I bought it. It’s in my name but I did not buy that car.

>>50771273
Bought a house two years ago. Renting is for morons
>>50771388
Buy rope

>>50771273
Its not really a leg up but a completly natural support from your family and was standard for thousands of years and still is in most countries (poorer countries mainly, tells you alot)

>>50771361
>>50771342
Unless your parents molested you or have you up for adoption or something like that , you’ll never be able to repay the debt you owe them

A person who doesn’t honour their parents is worse than a nigger

>>50771343
>i know i'll call him a redditor that will make my off-topic post more relevant

Twitter screencap threads belong on /pol/

>>50771443
Why?

>>50771388
Anon, so far you've spent your monies like a nigger. 30k in car and 10k in crypto. Come to /pmg/ and seek god.

>>50771388
DCA into btc and eth unless you want to end up like linkies

>>50771273
Damn, sucks to have parents that are financially irresponsible retards that couldn't or wouldn't help you acheive home ownership. Maybe you and twitter boy should go cry about it some more, OP.

>>50771339
31 here, just neeting it up until death. Once you go full neet there is no going back after 30, just so you know

>>50771342
>I can't wait to throw my parents into a retirement home. Holy shit.
Do it anon, and never change your mind about it. Speaking from experience - once a cunt relative gets sick, they come crawling back to you in an instant.
>>50771461
Except he arguably didn't have parents, more like contractual caretakers. Parents don't say 'he's 18 now so I don't have to care anymore'.

>>50771474
See
>>50771431
Again I didn’t buy the car. It’s in my name

>>50771461
i didn't ask to be alive to begin with, bucko.

if my parents told me they will make sure I don't inherit anything i would put them in the blackest hood there is and tell them to enjoy the reverse mortgage benefits

just like i will make sure my kids get the most of my networth

>>50771388
man ur a fucking IDIOT jesus christ

>>50771482
I made 10k off of link from $500 in link when buying in 2018 and paid for my private loans with it.
I want to get to at least a $2k stack of icp since I think the risk/reward is worth it. I’ll probably start dcaing into btc/eth soon for the safety bet

>>50771388
>Only have worked 1 year where salary was 65k(now 80k as of late week)
stop being a lazy nigger and work.
>$6k in liquid savings
get this up to $15k
>$10k in 401k
makes sense considering you're a lazy nigger who doesn't work
>$10k in crypto (All in ICP)
retarded
>$30k car completely paid off
even more retarded
>$25k in gov student loans (haven’t started paying yet)
wait and see if brandon will forgive $10k of them

you have the opportunity to save crazy amounts of money and easily buy a house but you're squandering the opportunity by acting like a lazy nigger.

>>50771528
Please explain and if you think I bought the car, I did not buy the car

>>50771514
Oh you aren’t grateful to be alive? If you don’t find being alive preferable to the alternative then why don’t you kill yourself? You could end your life any time you wanted . The fact you don’t shows that you find being alive preferable to not being alive, therefore you should be grateful for being alive , and that’s only one of the reasons that you should be grateful to your parents.

Didn’t read the rest of your post you subhuman nigger
>>50771497
Bullshit . His parents were changing his diapers for years and comforting and loving him when he cried. Making him spread his wings and reach his potential as a self-sufficient adult doesn’t undo that

>>50771593
Ok so you didn't have to pay for your car. You got a massive leg up.

>>50771388
Paying off debt and not having to pay on the interest will usually return more money than a typical index investment. Fyi. Pay off your school loans and you will realize more money.

>I don't know who needs to read this but if you went to university to get a degree in something that people actually value instead of a bullshit arts degree, then got a job making 100k starting and 200k after 5 years in silicon valley and paid off all your debts easily, you've had a massive leg up

>>50771461
>ya'll qaeda christcuck morality

>>50771575
Again didn’t buy the car, it’s in my name.
How the hell am I a nigger? I only had $40k after taxes to save. I have about $25k in savings.
I make 80k at 25 I think that’s pretty good.
But yeah I agree I need more money in liquid savings.

>>50771646
>overpaid codenigger tries to give life advice
The tradie uprising is coming and your onions kind will not be spared.

>>50771642
Yeah I paid off my private loans. But I haven’t paid the fafsa shit yet since I met get 10k off and haven’t needed to pay it since they postponed the first payment date til September. I thought it would be a better idea to invest the money while I can.

>>50771627
Yep

> No comment

>>50771335

i was kicked out at 21 but i had enough for a downpayment by then so i skipped the whole rentoid nonsense

>>50771693
Trades can only exist in a world where code and engineers and shit exist, you stupid nigger. Your job is literally "service the cocks of middle class people who want a new cabinet/AC/fix their car".

>>50771770

lol what newflash bro computers didnt exist 100 years ago but tradies did

>>50771273
life isn't fair faggot, and people don't have to feel bad about that because you're poor. I fucking hate these retards

29 and with the exception of when I was in college I lived with my mom up until early this year when she passed away (I have the house now.) Living at home was a pretty good deal for both of us as it saved me a ton of money and she honestly needed a lot of help because she didn't get around very well; I did all of the cooking, cleaning, shopping, chores, etc.

People like the guy in OP's pic bitch and moan but if they were at home they'd probably be the types who do nothing at all and have their parents serve the Hot Pockets and clean their shit stained underwear for them at the age of 30.

>>50771273
feels good that my family is not retarded, genetic inheritance sucks, specially if nonwhite

>>50771273
>living rent-free with your parents while working full-time until your mid-to-late twenties
>you've had a massive leg-up
Most people have the option to do this, only reason they don't is because guys know it's 1 million times easier to get pussy when you have your own place.

>>50771273
Cope. What is the point of family if they don’t give you their world possessions to make your life easier before they pass away? Then you’re supposed to do the same thing for your children, leave them with the burden of making sure their children have a leg up. Or if ur children are pieces of shit then make sure you leave it for your grandchildren. Keep assets and wealth in the family, you personally don’t get to keep anything as you move onto the afterlife. But your children and legacy will. I extremely dislike folks that try to shame people that inherit assets. What are they supposed to do? Donate their parents or grandparents hard work in the name of charity so they can also work as serfs and signal that they made it off of hard work in a world where making it is getting more difficult by the passing year? Fuck this gay ass tweet.

I lived with my single mom until 27, after slavishly saving up over 40 grand to escape all at once for ever
she had bipolar ii and our place looked liked something out of hoarders by her design, so I’m not sure if had a “leg up” or not

>>50771273
He's right and this applies to me as well

>>50771297
Da JOOZ
Are you aware that only mutts kcik their kids at 18, right?

good i'm glad i had a massive leg up because i had worthwhile parents who loved me and wanted the best for me

maybe if these fags do better than their parents did, they can put themselves in a situation to give their kids that same leg up

>>50771780
Yeah and back then you worked for accountants and government bureaucrats big brain.

Yeah the zero pussy you'd get while living with mummy is really a privilege. Faggots can't recognise sacrifice

>>50771342
>reverse mortgage
Are your parents interested in leveraged trading crypto? Because degenerate gambling is the in thing to do might as well help them help you create generational wealth for you.

>>50774592
normie fags get 0 pussy while living alone too, it literally doesn't matter, they're all retarded faggots with walls lined with plastic funko pops

>>50771273
>UHM ACKTUALLY LIVING WITH YOUR PARENTS IS PRIVLEDGE AND NOT A SIGN OF A DECAYING FINANCIAL SYSTEM

>>50771388
>All in ICP
????????????

>>50771273
I'm turned 31 yesterday. Share a house with my brother on our 120yo family farm. Paid off my student loans, work half the year, and now I put almost my entire paycheck in the bank. Shit is so, dare I say quite literally, cash.

>>50771388
Checked. This has to be bait kek.

>>50771317
==D~~(You)

>>50774638
Yeah I like icp
>>50775407
No it’s not bait and I did not buy the car. Idk why you guys are acting like fags was just asking for advice. Only good advice so far is to save more liquid cash am I’m gonna listen to it. Gonna save $1k from each paycheck until I hit $50k liquid and payoff my debt which should take 2 and half years while also dcaing into icp $500 a month

>>50771273
People put so much weight into legacy but at the end of the day that person has a house and you don't.

>>50771388
alright i think you're a monkey for the eye-cee-pee, but you've been working for a year and your net worth is about half the salary you made in that year. not terrible.
the demoralization goblins here will shit on you for not having 8 figures fresh out of the womb, but if you didn't buy yourself the car, then you haven't been as retarded as most people by any stretch.
just invest often and maybe don't go all-in on a single shitcoin. you'll be fine.

>>50771297
If the pandemic never happened, then I would have gone the normie path following graduate school and become a rentoid that would have struggled to save extra for big-ticket items. I was affected when colleges closed campus early and sent students back home. Two years after living at my parent's house and multiple promotions, I have saved up all my paychecks and have a good chunk of money for a down payment. I won't lie and say that I never experienced frustration with them some days, but it set me up in a good financial position where I will soon be able to cover the full 20% down payment, closing costs, moving costs, furniture and appliances, etc. and have a high enough salary to comfortably get by.

t. Hispanic anon

My dad died and left me 25k. I have turned that into a bet worth of 200k. Does that count?

>>50771297
this
>>50771273
Aaand there's nothing wrong with that. He can cry all he wants. Doesn't make it any less smarter.

>>50771679
I made an lost millions by that time unironically. Just go 70% some high risk stock index 20% REITs and 10% crypto not ICP but something like BTC, ETH, LINK and QNT.

>>50771273
And? Are you envy? Sucks for you I guess.

>>50771273
ITT

I'm a miserable piece of shit from poor stock. If you didn't make it like I did you cheated.

>>50771273
>"No comment."
>6 pbtid
try standing by your principles for once, anon

>having a family is now "a massive leg up"
Raise your standards you degenerated nigger cattle

>>50771273
My girlfriend's mother is unbelievably unhealthy. She is likely to die soon I believe. We will inherit her house, so things for me in future are quite nice.

>muh leg up
fucking niggers i swear
yes, its true, life afforded me a leg up because my parents aren't retarded
im not going to apologize because your parents are

>>50771273
NOOOOOO YOU CAN'T JUST USE FAMILY TO GET AHEAD IN LIFE YOU HAVE TO BE ALONE AND CHILDLESS AND NEVER SPEAK TO YOUR PARENTS AND BE POOR

>>50771336
Great point

>>50771619
This is a fucking boomer. The same boomer class that took their parents inheretence and instead of seeing it as monetary energy to help their genetic line they said : MINE! My MONEY! boomers are the worst oxymoronic, selfish weirdo generation on the planet. The millennial life is literally times harder than a boomer life and all I hear is boomers asking for more. The most pampered,
Pathetic generation

>>50776081
>>50777033
Why do y’all think icp is shit?

>>50771273
He's right, but at the same time, you'd be an idiot not to take advantage of that. Making the best with what you've got shouldn't be discouraged, you could just as easily blow that advantage on a drug addiction like a lot of people who also start with a "leg up"

>>50771737
that's one massive leg up

>>50771297
>You have a leg up because everyone else let their ego get the best of them in the name of “independence”
I’m not even that smart. You’d have to be a fucking moron to continue renting after your first or second lease. Now if you have god awful parents or none at all, that’s a different scenario and I get it.

>>50771482
You could get in on assets with good potentials like ORE and ATOM as well.

I hate normies so fucking much

>tfw lived with my parents basically rent free till my mid 20s
>neeted because I was too much of a sperg to hold a job
>opportunity wasted

>>50771388
Well, I currently have about $2k in crypto.
50% BTC
20% ETH
10% MATIC
10% RAIL
10% KEEP

>>50771273
I bought a house and immediately seething roastie ex room mate posted this

>>50771619
Chink alert

>>50771273
I beat the system. Simple as. Oh and theres no rent free with parents you usually split the bills paying water/electricity/internet/groceries. Still better than paying some rent Jew his upkeep fuck that noise

>>50771388

You’re a fucking moron.

>>50771273
Guess what loser, those parents will live on my farm rent free once they are old. Ohana means family. Family means nobody gets left behind.

>>50771575
ngl so far pretty normie tier but you're in a good situation and you thinking about being less retarded is a good start.
I'd suggest paying those loans off asap, take car of your car so it doesn't turn into a money pit.
Putting money into crypto every month is a good bet I think. I'm not a fan of ICP but I'm a shizo myself who is 95% in a single coin so I'm not trying from talking any sense into it. It seems like you have a good foundation (as do I) so a coin more or less mooning seems to be worth it more than steady gains when you have a rather good paying job and don't mind working there.

>>50771273
>>50771327
>>50771343
>>50771361
>>50771411
>>50771514
your mom has a leg up her arse you twitterposting opinionless cunt

>>50771273
not my fault your culture sucks

>conceived by teen parents
>mom almost aborted me; didn't want me
>mom took me and ghosted my dad when I was 4 because she was "lonely"
>mom got addicted to drugs, spent money on frivolous shit like cigarettes and gambling
>mom had a series of dirtbag boyfriends that fucked her up even worse
>mom started to regularly beat me from age 8 until high school
>a family friend sexually abused me from age 12 to 14
>mother continues to deteriorate and starts abusing medication
>escaped to live with my father at 16, but he had a new family and didn't want the millstone of a teenager around his neck
>move to Asia, break off all contact with family, learn the local language
>pay my own way through college and graduate school doing dirty, dangerous, hard jobs
>hit the glass ceiling early in my career because I'm a foreigner
>"Fuck it, I'll generate my own income"
>Go to /biz/ and learn about investing
>Start clawing my way toward a six-figure income
>Get married, 10th anniversary coming up

I'm almost 40, and my health is ruined because of adolescent malnourishment, but I have a strong will to live. I hope that I can afford a house by the time I am 50.

>>50771273
Nothing wrong with helping your children succeed, I still live with my parents and I make 95k, I saved about 70k this year just by not being a rentoid, I just help out with bills sometimes when I want to but my parents don't want me to actually because they're both pensioners, they still give me some money for grocery errands and such and I still pitch in sometimes when I'm feel I need to buy us something good. I'll do the same with my children, I will help them succeed.

People seethe all the time when they hear of this but would always choose to be in my shoes if they can, jealousy. Poverty is like a disease, don't pass it on, if you can't give your children a better life than what you've lived, then don't bother having one, you've already failed as parent.

>>50771297
I worked from when I was 13 and saved all my money and paid for the down payment on a house at 18 instead of going to university. House had three apartments and I rented two out and lived in the other for 8 years until I sold it for 3x what I paid and now I live in southern europe in a paid off house and live off my trading income with my gf. Every single person I went to school with could have done the same thing and they didn't because they were propagandized to go to university. I'm the only one I know with a paid off house, and I only know two other peers who have houses at all

>>50771273
feels good

>>50771388
So you have been living rent free all this time and only managed to save 26k, while incurring 25k in student debt. What the fuck do you spend your money on?

I don't know who needs to hear this, but unless you were released from a factory that manufactures perfect equal cyborgs that statistically have no advantage over each other during the moment they leave the shop...

you are... LE BAD

>>50782243
I had to take loans out for college. I didn’t live at home and didn’t start living at home again until last year. After taxes I saved $25k out of $40k. I don’t understand how that’s bad. Do y’all just want me to not have a life and do nothing on the weekends? I know I could save more if I did nothing but holy shit you guys are losers if that’s what y’all expect

>>50771317
It's time.

>>50783329
>noooo I can't save money that would make me a loser
fuck off then faggot. waste your money living from paycheck to paycheck like the average normal nigger and see how far that gets you

>>50771273
Disgusting nigger lover

>>50771317
this a white supremacist website, chud

>>50783651
I am saving my money you fucking retard. I saved more than half the money I made after taxes. The 15k left available gives me about 1k a month on gas/food/gym/insurance/alcohol.
How much should I fucking save then?

>>50771317
Kys tranny janny

Syscon holds a unique position in the crypto industry by Improving upon and combining the best of bitcoin and ethereum together in one place.

>>50771273
Niggers without dad's that care about them btfo.
>If I can't have a good dad nobody can

>>50776857
No one wants your life story faggot, fuck off.

>>50771327
All the money goes to rent.

>>50771339
same but i'm 32

fuck buying into this inflated property market.

>>50776857
man that's awesome now go and make something of yourself hispanic anon. Godspeed

>>50776857
and your race is relevant because?

>>50771342
Start learning spanish so you can put them in a home as close to the southern border as possible and they'll have nobody to talk to.

>>50771273
Good on them.
Now can you retards please build cheap commie blocks for poor people.

>>50771317
>itt >>50771336
>you’ve had a massive leg-up.
You still need to go to school and if you're not rich, work while going to school.

>>50771273
whitoid cope

>>50771388
>Can someone give me advice on what I should do for my second year for my finances?

Kill yourself probably, what a shit life

If youre stupid enough to buy a car then youre just not gonna make it

>>50771273
Getting real tired of everyone's criticisms and analyses. Get off the twitter and 4chan and do something. This stuff is below bathroom stall philosophy.

>>50771273
Whoops. Sorry for making you mad by losing my mom, nigger.
Also. Bait post and Twitter cap. All fields

>>50786268
Truth is youre either smart and need no advice

Or youre retarded and need to consult with 4chan or even reddit

Thats really about it, I dont mean "smart" as some 120IQ midwit retard, I mean actually smart

>>50771342
I would say Kys but you are just yet another demoralization shill. Words mean nothing to you

>>50771273
You'd have to be retarded to rentcuck in the current financial climate. It's money down the drain.

>>50786293
I'm an idiot, which is why I browse 4chan and wrote this. I want someone to write something on this site that will enlighten me! I want someone to speak to me at my level in a way that helps me to understand the world. I'm stupid, and I need help goddamnit.

>>50784037
Some of us care about ourselves more than a projected group of people.
The financially successful /pol/migrants who came here in the last year will be at the same understanding within a few years.
The ones who buy rug pulls that won't make a new mindset for themselves will make this place their new cage.
/pol/migrants need to realize that no group will win financially and come to save them. Virtue signaling the community's ideology will not convince a single member to save you. You need to save yourself or fail.

>>50771273
>I don't know who needs to see this
Stopped reading here. Anyone using Christian fundamentalist lingo is not worth listening to.

>>50786260
I didn’t buy the car. Read the thread retard

>>50786418
Why the fuck would you spend 500$ on ICP you fucking retard

Godammit man, youre not human

>>50771619
I would like to strangle you with a barbed wire. Kys.

>>50786418
Idk man the only advice I can give you is to become talented in something that can potentially pay thousands

Like programming you might know many poos and thirdworlders are obsessed with that because the pay can potentially be really good

Pay your debt first I guess, then dont waste your fucking money on some retard coin

Then learn programming or anything similar, that requires YOUR talent that people would want to pay thousands for it

>>50771461
My parents were low IQ sub-humans NPCs who just had children because.... ???

Who knows, I dont owe them anything, they are not human, thats the way I see it

In fact most people are not, I would never want to help others because they do not deserve any help

>>50771273
Is it too much to ask for people to mind their own fucking business?
All commies should be shot, just because they are annoying.

>>50771273
Who cares. Not my fault your parents suck at money.

>>50786220
A work that you easily get just for the sake of “diversity” so still a massive leg-up

>>50784596
If you're too lazy to read, TL;DR is FPBP as it held true in my life. American family dynamics are an outlier compared to the rest of the world.
>>50786116
Concepts such as single children living with family until married, multi-generational households, etc. are accepted by Hispanic culture, Asian culture, etc. Unless the child had to move somewhere else for work, it would be an abnormality to kick them out just because.

>>50782116
Is that you Bin?

>>50771461
Shut the fuck up, trust fund.

>>50786474
Others do deserve help in certain situations.
Definitely not based on the color of their skin though, but based on the specific transactionalist interactions you have with the other person.

>>50779122
Kek

>>50771388
Even moonman doesn't go all in on ICP, you retard.

>>50771273
>y-you're not supposed to save money by living with your parents! that's cheating!

ha
ha
ha

>>50771273
>$150k salary
>still living in mom's basement at 33
Fuck the debt slave system

>>50779603
you wasted nothing by not letting yourself spend your youth being worked like a slave

>30 yo
>moved out at 18
>saved parents house at 26 with my last savings
>about to close on my own home
>will have to send parents money so they can heat during winter
Parents were great. But I will not put such evil on my children due to bad financial decisions.

>dude you had a MASSIVE leg up if you lived with your parents or your family helped you in any way
Americans are soulless fucking animals. Who the fuck even thinks like this?

>>50771297
why did this get deleted?

>>50786450
you wouldn't be able to you weak, little, ungrateful, resentful loser.

>>50771273
Unironically true. If you have no help from your family and have nothing to inherit, there's a very high chance that you're NGMI. I fall into this category, all my attempts to make it have failed hard. My only hope now is if my crypto holds moon. If it all fails you'll probably see a .webm of me in a gore/rekt thread one day. Hope other /biz/ anons end up better off than me.

>>50771388
I'm 32 with a networth of 20k and am a virgin living with mom still

>>50771273
I got divorced sold my house and moved in with mommy and put everything in crypto. I lived there for a year and she made me homemade tendies all the time. When I moved out I was a millionaire and bought a house cash and my ex wife seethed. Sorry if you’re parents suck ass niggers.

>>50791798
/fit/ should be a femslut cumboy also

>>50771646
yes, nothing wrong with legs up tho

>>50792085
Kek Ottermode is the one true goal

>>50771388
>30k car
Unless it was a work write off youre an idiot wasting this much money.

>>50786435
I guess anon has huge expectations for them. The only assets I'd spend that much money on are privacy solutions as I see them getting bigger with the coming regulations.

>>50771273
all that matters is the end result

SNEED GANG

>>50791798
>/qa/
The epicenter of soijaks.

>>50786380
/biz/ was literally /pol/ with gold 6 years ago, I am genuinely baffled where you fucking newfags come from. /pol/ is shit now anyway.

I grew up trailer trash poor and am just now getting into the 85k+ salary range at 29 years old. There are zoomers out there with daddys money and connections making 100k+ at 22 straight out of college. Doesnt make me hate them, I hate them for their low intelligence not their privilege.

>>50771693
>overpaid
There is no such thing as being overpaid as a salaried or hourly employee. You are paid what they believe you to be worth based off of eligible employees. Not many people work in the crypto space for example or Web3 in general so those jobs pay a premium to get people in and to attract experienced people as well. I make 92k a year working easy jobs I wouldn't have been able to even get in any other industry and if I did they would pay less. Always shoot for a field in high demand, most people are too low IQ to get into tech and intelligence rates are dropping so they are only paying more and more.

>>50771273
My entire life has been cushy
but after college when my parents will no longer be paying for my dorm I will live in a car until I have enough saved up for a down payment, I refuse to pay the rent Jew