[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 92 KB, 1024x289, Vanguard.png [View same] [iqdb] [saucenao] [google]
11034808 No.11034808 [Reply] [Original]

>wageslave for a few years while living at home rent/bill free
>put it all in an index fund and enjoy 7%+ healthy returns

Instead of doing this you zoomers have opted for giving all your wagebucks to slumlords and the dead crypto market

>> No.11034921

>>11034808
This is the best way for most people.

>> No.11035043

Not all of us have the luxury of living at home, that aside the two guys I know who have made it, both were wage slaves and worked fucking hard for their entire 20's-30's went out on their own 30's-40's and pumped money into stocks and property, they retired at 50 with millions in the bank. One was a carpenter the other was an engineer, basically get skilled work hard, become good at what you do, work for yourself, pump earned money into long term investments.

>> No.11035065

>>11034808
How do I buy this

>> No.11035088

>>11035043
>Not all of us have the luxury of living at home
Buy a van and live in that, while working in NYC, SF, DC. You'll be able to save 60K+/year if you have anything resembling a functional brain. No reason for falling for the rent Jew.

>> No.11035441

>>11035088
Stupid way to live.

>> No.11035647

>>11034808
gonna kek so hard when your index funds get absolutely rekt in the coming months

>> No.11035728
File: 7 KB, 128x129, download~2.jpg [View same] [iqdb] [saucenao] [google]
11035728

I have done this after moving back in following graduation, I am and have always been a nocoiner.

I am now 26 with $300k spread across liquid assets
I work 40 hours a week, and besides the 6 hours spent in the gym my life consists of porn, anime, and video games
I no longer enjoy anything
I have no desire to move, advance in my career, be social, speak to roasties, or do anything different
I have absolutely nothing motivating me to get out of bed in the morning

>> No.11035906

>>11035647
yeeeeupppppppp

>> No.11036060

>>11035728
I can help you.

If you want to, for sure, gotta make your brain alive again.

>> No.11036073

>>11036060
not giving you any money pajeet

>> No.11036185

>>11035088
>live
You mean survive?

>> No.11036356

>>11035728
Lmaooo this guy fell for the money meme and forgot to actually go out and socialize and get a gf. Good job faggot, no wonder your life is empty.

>> No.11036399

>>11035728
>porn, anime, and video games
what about a nice webcam model, you could be her sugardaddy, so u wann work more and have a new drive.

Just pick one: http://camgirla.com

>> No.11036417

>>11035088
Very few people do this successfully. There's the ERE guy and that's it.

>> No.11036489

>>11035441
Yeah just pay 3K/mo to Mr. Shekelstein instead of buying your own property to rent out.

>> No.11036606

>>11034808
if i make any profits at all with fake internet money its going right back into sp500 etf.

i will keep some for coins too though because i am an addict

>> No.11037847

>>11036356
sorry but you are coping, I said I no longer had the desire, not that I never did

>>11036399
>find a roastie online to give your betabux to instead of irl roastie
well its no surprise that you boys are poor at least

>> No.11037861

what if the market crashes?

>> No.11037878

>>11034808
Why not a bit of both?

>> No.11037913
File: 74 KB, 1329x1365, 1449477234252.jpg [View same] [iqdb] [saucenao] [google]
11037913

>>11034808
I do both. NOBL, TQQQ, SPY, SPYD, and UPRO reporting in.

On the other side: BTC, ETH, XMR, ADA, LTC, NEO, OMG.

>tfw also bought AMD at $15.22

>> No.11037937

>>11035043
Who the fuck wants to wait until their 50 to make it? I want to be young and enjoy my wealth

>> No.11037949

>>11035728
Buy a VR helmet and a “peripheral”.

>> No.11037973
File: 112 KB, 885x741, dow historical.jpg [View same] [iqdb] [saucenao] [google]
11037973

>>11037861
It always recovers when you look at it over a long enough timespan. Don't panic sell like a double-digit IQ normie every time it sinks. That's when you rebuy with all the dividends you have been accumulating like the juden.

>> No.11038210

>>11034808
I cant wait for this passive index fund fad to die when the next downturn comes and everyone in passive ETFs get absolutely buttfucked by non-existence liquidity causing massive loss in value of any tracking fund before people have time to even log into their vanguard accounts.
I will be on this board 24/7 watching all of the butthurt fly back and forth as people realize how dumb and ignorant they were to think they could just put money into something they do not fully comprehend and think they will make consistent decent returns on it, life does not work that way.

>> No.11038255

>>11038210
just get on VOO man!

>> No.11038319

>>11038210
Oh man if the market drops 33% all my 3x leveraged funds are gone. But it won't.

>> No.11039139

>>11034808

>Living off of your parent's charity

Yeah, not everyone has people willing to give them a place to live free of charge. Most money is spent on rent and bills - no wonder you're ahead.

Maybe take an actual risk and then I'd be impressed.

>> No.11039161

>>11038210
nice crystal ball you got there, good thing these funds have existed since the 70's and no such thing happened

>> No.11039173

>>11037973
Great, except it may take 25+ years to reach the level it was at again, based on this chart.

>> No.11039178

>>11034808
I have all my savings in a vanguard fund and it hardly seems to go up at all. It is very very slow at least for me.

>> No.11039278

This is what I'm doing.

And I'm fully prepared for bear markets to rape my money for years. I'm leaving it in there.

It's like funny money to me anyway. I am but a simple man. I may never even spend it.