/biz/ - Business & Finance

[Anonymous No.22529357]

there were so many fucking ways to get rich between 2005-2017 with the development of the internet
what excuses do you have boomers? if you were over 18 during that period then there is none

[Anonymous No.22529365]

>>22529357
I was born in 2000

[Anonymous No.22529440]

>>22529357
Too busy not being an incel

[Anonymous No.22529443]

>>22529357
33 year old boomer here. College wasn't seen as the scam it is now so we all thought that was the golden ticket. There was no reason to try for anything else.

[Anonymous No.22529497]

Even adults during that period are fucked. Unless you were in tech, engineering, or finance during that time you are also boned and likely just got poorer over that time.

Life sucks anon - better hope crypto works out. If you had enough talent to make it in the early days of the internet, you should be able to make it on the back of tech today still. Lots of 6 figure positions in that space.

[Anonymous No.22529641]

>>22529443
>33 year old
>boomer
Choose one.

[Anonymous No.22529647]

>>22529357
College was still seen as the golden ticket. People realise it's a scam now, but at the time it wasn't seen that way (and pre-2007 it kinda wasn't, I knew quite a few people with mickey mouse degrees who went into good jobs).

Unpaid internships were big so no money to invest there. I was one of a very tiny number from my school to actually get a paying job but it wrecked my health. Was able to save up a little by living in an illegal squat, but then I got sick, lost the job and had to spend all my savings to survive. Switched careers into SWE by self-teaching, had to work a bunch of shit jobs without making any money before I was able to get a proper, decently paying, decently skilled one. That prettymuch brings me to where I am now.

I think zoomers who have never been in a recession see "if you had invested X in Y during the recession you would now be rich". But they miss the point that in a recession almost everything gets fucked - unstable jobs, poor salaries, high COL, high unemployment, etc.

[Anonymous No.22529676]

>>22529647
Forgot to mention I graduated in 2008. No jobs around, and by the time things did start to pick up a little every company preferred the new incoming fresh grads to ones who hadn't worked/studied in the field for several years.

Good luck to those graduating now :)

[Anonymous No.22529700]

>>22529357
Born 1989. I was too lazy and stupid as a teenager. At least I run my own small business now. Still lazy and stupid :3

[Anonymous No.22529708]

>>22529357
I didn't become disillusioned at being normal the till end of 2016, but yeah fair enough

[Anonymous No.22529755]

Even then, the next big thing wasn't clear except maybe to a few geniuses. There's probably many opportunities around you now that youre not even aware of

[Anonymous No.22529783]

>>22529755
And also even if you could see the future you'd need a specific set of skills to execute, and you'd need to produce the winner and not for example webvan

[Anonymous No.22529832]

>>22529357
>there were so many fucking ways to get rich between 2005-2017 with the development of the internet

the internet as you know it today was not developed until 2012, before that the internet was a mostly a secluded spot for nerds, closeted faggots and loner freaks.
the smart phone came out in 2008 but it was until 2012 that 4g data became widely used and the second dot com boom happened

in 2008 the second great depression hit leaving a bunch of people homeless and others scraping bye.
zoomers are the ones making money of the internet, there is literally pubescent kids making bank by doing stupid faces on Chinese spyware apps and other singing about weed and shit on YouTube.
back when you actually had to have talent to make money of your image, today average looking whores are making bank by doing nothing but spreading their shit holes online.

sorry to brake it to you mister zoomer, but the age of the internet money is now, not then

[Anonymous No.22529868]

>>22529497
I actually think it's better to carve out some sort of business that leverages the tech people with those 6 figure positions make. i.e. I'd rather have 100-300k subs on youtube with an upward trajectory than work at Google.

I say this as a software engineer of 4 years that is starting to understand entrepreneurship and how the pieces work together a bit more. I'm looking for a time to transition out of working in tech.

[Anonymous No.22529878]

>>22529357
i spent most of that time getting high. didnt start investing until 2016, and even then, i bought PMs lol. switched to stocks in 2018. literally only found crypto a month ago, though i've been vaguely aware of it since highschool, sadly, lol.

[Anonymous No.22529911]

>>22529832
One of the best posts I've ever read. I know you won't respond and will smile. I just want you to know, having lost 90% of my portfolio today, posts like yours are the reason I keep coming back to this place.

[Anonymous No.22529930]

>>22529911
>having lost 90% of my portfolio today,
how.

[Anonymous No.22529948]

>>22529357
internet was invented in the 90s zoomzoom

[Anonymous No.22529959]

>>22529357
I turned 18 2017 is my excuse

[Anonymous No.22529966]

>>22529700
>cum ID
>dubs
good luck fren, you are blessed

[Anonymous No.22529996]

Hindsight.
In 2040 people will say it was easy to get rich in the 2020s, just open a tiktok and instagram and get rich from your smartphone.

6 months ago you just had to leverage long the stocks of tech companies everyone use and you'd be rich too, why didn't you faggot ? It was easy.

[Anonymous No.22530002]

>>22529357
They will be saying this in five years time about xrp, algo and xlm

[Anonymous No.22530028]

>>22529911
i actually lost 100 percent of my portfolio today, ill actually loose it on friday when my calls expire out of the money.
hopefully i learned my lesson..

oil is fucking dead and will be dead until election day is over.
don;t worry brotha, the way i see it i am only letting other mother fucker warm up my money, ill pull it back with interest, i wonder if i should put a big short on $NKLA they are getting investigated by sec for fraud and nothing but bad news behind them.
but the cult is strong with this stocks, last time it tried shorting tweeter but found out the onions milk cult is way too strong to let that fucking Chinese spyware plummet, even when they were loosing data to shitty hackers

[Anonymous No.22530033]

>>22529911
>He fell for the SAFE meme

[Anonymous No.22530043]

>>22529365
What the actual fuck? Can you even drive a car? Are you in middle school? I don't even understand

[Anonymous No.22530078]

>>22529832
Well not really. In 2012 literally everyone had internet and it was for sure secret spots for nerds anymore. Also a lot of people for sure saw eg potential of amazon. Everyone can grasp trends and feel in what direction developments are going, but only few people manage to quantify it. Amazon share looked expensive to most people at that time. They had pe ratios of 50 and more. People realized the trends but didn't correctly assess. OP has a wrong imagination of how things work. It's not about finding some secret trend, most things are memed today, eg hydrogen, electrified vehicles, passenger drones, batteries and lithium,...bubbles develop and pop. It's about quantifying and assessing.

[Anonymous No.22530171]

>>22530078
I was about to drop $1000 in Amazon stock in 2008 and decided to buy boomer rocks instead.

[Anonymous No.22530195]

>>22530171
Did you buy some good old divi paying shell stock?

[Anonymous No.22530296]

>>22530171
have you considered rope?

[Anonymous No.22530300]

I used to get a ton of BTC from fountains but I wasted it all lol

[Anonymous No.22530304]

>>22530171
>>22530195
Sounds like he bought fucking gold

The absolute state of that fucking meme rock

[Anonymous No.22530311]

>>22529357
this is complete crater brain thinking you faggot, hindsight is 20/20. I remember being like 5 years old and thinking wow, i could've invested in general electric in 1896! dont be such a faggot, think about what the electricity and internet will be now and in the future, no matter your age. and no im not telling you what it is

[Anonymous No.22530415]

>>22529357
fell for wagecuck meme actually accepted doing a ton and not getting ahead, just getting by

[Anonymous No.22530459]

>>22529832
We live in an age where people make millions a year to stream video games.

[Anonymous No.22530588]

>>22530459
i am actually planning to get on this, i found out you don;t even have to be good at the games, what ever i can do to lend me and extra hundred bucks to throw at the stock market is good in on my book.
i actually meet a gaymer once, he was streming from a bar, told me he made enogh to drink everyday if he wanted to.
i just downloaded twitch, wish me luck anon, and don't forget to share, follow and subscribe

[Anonymous No.22530755]

>>22529357
You missed LINK and tesla?
3 years anon, 3 FUCKING YEARS

[Anonymous No.22530978]

>>22530043
Exactly lol

[Anonymous No.22531000]

>>22529641
Lurk and stop posting

[Anonymous No.22531105]

>>22529700
You are me.
Born 1989.
Own a small business.
Lazy.

Hello, me.

[Anonymous No.22531172]

>>22529443
I had a business that would have at least net me a few hundred grand but i quit it to go to college hahahaha. The jews got me

[Anonymous No.22531378]

>>22529641
have you even used a computer before?

[Anonymous No.22531552]

>>22529832
Fuck what a throwback. Doin your mom btw. =3

[Anonymous No.22531580]

>>22529357
>>22529440
>>22529641
>>22530459
>>22529911
Bots

[Anonymous No.22532402]

>>22531105
What kind of business are you running? I sell stuff on the Internet that I buy from China and Italy

[Anonymous No.22533579]

>>22529443
Most college attendees have been there purely as a source of revenue since at least the 90's. There's no prestige to higher education anymore unless it's STEM or a PhD at a decent university. Some of the bachelors degree holding new starters I get at my company are almost completely retarded and lacking work experience.

[Anonymous No.22533660]

>>22530043
There's kids out there born in 2010 that call me boomer in games.. so..

[Anonymous No.22533857]

>>22529676
I graduated (the first time) in 2009 and never really recovered from this.

[Anonymous No.22533871]

>>22529357
I was a baby still.