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/biz/ - Business & Finance

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28921985 No.28921985 [Reply] [Original]

Excuse me, you said you want to invest?

Do you have 6 months worth of emergency funds?

Did you clear ALL of your debt?

If not, don't think about investing PERIOD!

>> No.28922163

Sir what is your secret ?

>> No.28922196

>>28921985
>Excuse me, you said you want to invest?
>Do you have 6 months worth of emergency funds?
>Did you clear ALL of your debt?
I actually have, thanks for asking

>> No.28923718

>>28921985
I'm $300k in debt and have 100% of my money in shitcoins

>> No.28923957
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28923957

INSTEAD OF INVESTING IN CRYPTO, WHY AREN'T YOU INVESTING IN BLACK LIVES MATTER!!!!!

>> No.28924011

>>28921985
I found out I have 5k debt I can pay it but I dont want to. Fuck the government jews.

>> No.28924017

Thank you, kind stranger.

Edit: Here's your gold.

>> No.28924064

I put all my money in Canadian real estate with 5% down. Does that count as investing?

>> No.28924089
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28924089

>>28924011
I have around 3K. But I'm trying to get a home loan and apparently I have to pay it down to 1k. I can't comprehend this. My portfolio is well more than than.

>> No.28924091

>>28923718
based af anon you're gonna make it

>> No.28924178

>>28923718
I thought I was bad at 2k debt

>> No.28924201

>>28924089
Where you from?

>> No.28924460

>>28924201
Midwest

>> No.28924483 [DELETED] 

>>28924178
student debt and a benefactor kek of a family trust that went south

>> No.28924523

>>28924089
I just had to do to this to refinance. Fucking annoying.

>> No.28924606

>>28923957
...tell me there was a BLM coin

>> No.28924900

>>28921985
Can’t believe I fell for this FUD for years. Turns out gambling is based and redpilled.

>> No.28925394

>>28924523
How did it feeling to sell from your portfolio? Do you have to pay taxes if you do that to pay debt? I'm 21 I'm sorry I have the VA home loan option but I have to pay my debt and I am unable to comprehend the concept of capital gains taxes? Is that a real thing?

>> No.28925635

>>28925394
Well I just paid with my salary. If you're going to cash out to you'll pay taxes for next year. There are always tax threads up ask there. But the IRS doesn't give a fuck about 2k in gains.

>> No.28925920

>>28921985
Wtf I literally just had a Dave Ramsey video come on autoplay and this exactly what he sounded like. Caller had a zero interest mortgage from a family member and this boomer told him to pay it off as fast as possible before investing in something else. Do people actually listen to this shitty advice?

>> No.28926134

>>28923718
kek
>300k crypto gains
>$0 net worth

>> No.28926262

>$4k in debt
>$11k in crypto
I could pay the debt, but fuck jews.

>> No.28926390

>>28925920
That's Dave Ramsey, he's the extreme example. Even amongst other Boomer finance guys, he has a reputation for being overly aggressive to the point of irrationality about debt.

>> No.28926413

>>28925920
Its designed for retards who have no self control. So good for the general population, but not good for people who realize that credit cards arent infinite money

>> No.28926444

>>28923957
I'll invest in white lives matter thanks

>> No.28927831

>>28926444
Self check i guess

>> No.28928134
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28928134

>>28921985
> Invest only what you can afford to lose

>> No.28928253

>>28928134
I can afford to lose everything

>> No.28928268
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28928268

Why pay my debt now when I can just hold onto my money and pay more over time?

>> No.28928298

>>28921985
Why do my family and friends say these things? If I make it I can just pay off my debt

>> No.28928417

>>28921985
I could live for a year or two on my current savings.
My only debt is my student loan, but repayments on those in the UK are a joke, so it hardly counts.
Imagine being in a bad financial situation when the government is literally handing out money for free.

>> No.28928450

>>28923718
Based and fuck money pilled

>> No.28928496

>>28928298
I think they see money as a vehicle to buy goods with instead of something to buy more money with and so they endorse this stopgap so you can invest but also have funko pops and Grubhub and therefore ensure security

>> No.28929078

>>28928134
This is the only true one. Dont gamble rent money or food money