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/biz/ - Business & Finance


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5753596 No.5753596 [Reply] [Original]

Gentlemen, I've noticed a serious problem on this board.

The constant larping about "buying lambos" and spending your hard-earned money on frivolous purchases is nigger-tier behaviour. You know who blows their money on dumb shit? You guessed it. Niggers.

Who in their right mind, when they earn their first million, would spend that money on a $100M Rolex, a $300M car, drugs, and other stupid shit until they ultimately put themselves into debt?

If you can't manage your fucking money after earning it you deserve to be poor. Invest it in something else. Take your money and grow it. Start a fucking business. The crypto bubble is a once in a lifetime opportunity that gives us financial power over everything we despise. Put your fucking money to fucking use and grow your wealth instead of being fucking shitskins and blowing it on trivial shit for your own vanity. Don't be a fucking nigger, /biz/.

I cannot stress this enough. Wealth is determined by how much money you keep, not how much you make. A lambo is not a fucking asset, it's a toy that depreciates in value. Invest in assets and not liabilities that are going to cost you money in the long run.

General wealth discussion. AMA.

>> No.5753635

I'd buy a house in the hills or further down the coast so it's cheaper & get a self sustaining garden set up so i only have to maintain the garden once all the plants have started growing, get some chickens for eggs too so my shopping requirements are minimal

then i'd quit work and never work again

>> No.5753666

>>5753596
>earn a million
>spend 100 million on a rolex
>spend 300 million on cars

are you stupid opie

>> No.5753679

>>5753666
M stands for thousand you fucking ape.

>> No.5753687

He's right. Don't buy a lambo, just rent one

>> No.5753692

>>5753635
buy an overpriced piece of shit in shitville for no good reason when you could buy a big ass farm and do anything you want while doing the world a favor organic farming. Ull never amount to shyt anon. You have to lose everything first like i did.

>> No.5753703

you mean white trash cracka

>> No.5753704

>>5753596
Even niggers realize this now. Jay Z's "Fuck living rich and dying broke" line is famous in the black community nowadays.

That said I completely agree and /biz/ should have a ETF investment sticky for people that want to cash-out and grow wealth organically.

>> No.5753705

>>5753635
Better than what the other retards plan to do on this board.

>> No.5753722

>>5753596

Smart man. Purchasing goods that will only depreciate over time is a poor move if you barely are in the millions. Get a Ferrari when you are filthy rich, not just "I have two million dollars" rich.

You need to take that million, liquidate part of it, pay off any and all debts, get a nice small place or an apartment, then invest, invest, INVEST. Now that you have a few hundred thousand to invest, diversify your portfolio. Get that big money. The goal shouldn't be 1 million or 2 million, the goal should be Goldman Sachs calling you up because you are one of the largest share holders. Get the long money, and turn your family name into royalty.

>> No.5753747

>>5753679
No it doesn't you fucking brainlet. K stands for thousand.

>> No.5753754

>>5753596
Let me make it first before you tell me how to spend it.

>> No.5753755

>>5753679
no, M is a roman numeral for 1000
we use the K abbreviation, fucktard.

>> No.5753760

>>5753722
Good to see someone else with basic financial sense. A few million is not a lot of money and should not be spent to finance a life you can't afford.

>> No.5753767

I mean... what would I do...

Property
Shares in big companies like Microsoft, Alphaber, Amazon etc.
Index Fund investment...

What else?

>> No.5753803

>>5753747
"K" is a colloquial way of writing one thousand. M is latin for mille (as in millenium = thousand?)

>> No.5753824

>>5753596
>You need to take that million, liquidate part of it, pay off any and all debts, get a nice small place or an apartment, then invest, invest, INVEST. Now that you have a few hundred thousand to invest, diversify your portfolio. Get that big money. The goal shouldn't be 1 million or 2 million, the goal should be Goldman Sachs calling you up because you are one of the largest share holders. Get the long money, and turn your family name into royalty.
niggers gon be niggers. songs like gucci gang make them jokers

>> No.5753841

>>5753824
Gucci gang, Gucci gang, Gucci gang, Gucci gang
Gucci gang, Gucci gang, Gucci gang (Gucci gang!)
Spend ten racks on a new chain
My bitch love do cocaine, ooh
I fuck a bitch, I forgot her name
I can't buy a bitch no wedding ring
Rather go and buy Balmains
Gucci gang, Gucci gang, Gucci gang (Gucci gang!)
Gucci gang, Gucci gang, Gucci gang, Gucci gang
Gucci gang, Gucci gang, Gucci gang (Gucci gang!)
Spend ten racks on a new chain
My bitch love do cocaine, ooh
I fuck a bitch, I forgot her name, yeah
I can't buy no bitch no wedding ring
Rather go and buy Balmains, aye
Gucci gang, Gucci gang, Gucci gang

>> No.5753844

>>5753803
M is a roman numeral you fucking retard

>> No.5753848

>>5753596
I'd import a cute south american twink and make him my bf (wife). That's all I want. Or maybe a russian one. Not sure yet.

>> No.5753853

>>5753844
I work in finance. We use M.

>> No.5753868

I’m almost certain it’s just a meme. I wouldn’t actually buy a Lamborghini unless I had several million dollars.

>> No.5753917

>>5753853
Then how do you abbreviate for million at your super-totally-not-LARP finance job?

>> No.5753936

>>5753868
Even then you're fucking retarded. Several million is what? $4? $10? A lamborghini starts at $200,000. Even if you had $10 million and bought the cheapest lambo that is 2% of your money. Add insurance, maintenance, and other costs on such an expensive sports car and you'd be approaching 10% of your net worth.

Don't be a nigger.

>> No.5753942

>>5753596
You realize you need roughly $30MM to be considered a small player in the big circles?

>> No.5753961

>>5753917
One million is a thousand thousand, so you'd write MM.

>> No.5753970

>>5753596
Yep, I am having so much fun seeing all those fucks talking about Lambo this, Rolex that and a speed-boat on top. Yeah, you'll be poor soon enough.

Going to split my proceeds into one part crypto I'll never sell, one part real estate fund shares and one part a nice flat or house to live in. Passive income and reduced costs for living, baby.

>> No.5753976

>>5753917

You use the 'MM' suffix. $10MM is 10,000,000.

>> No.5754023

>>5753666
>>5753747
>>5753917

I would normally assume this is trolling. But I've been on /biz/ long enough to know these people are real.

Why the fuck has the average IQ on this board dropped below 3 digits?

>> No.5754066

now the newfags even want to take lamboland from me wth

>> No.5754163
File: 25 KB, 472x461, CJ6yXqcUcAALa7X.jpg [View same] [iqdb] [saucenao] [google]
5754163

Reading the replies on this thread, I am now truly convinced that people are inherently destined to either be poor or make money.

If you are not born with the skill necessary to retain wealth and you lack a BASIC understanding of how to manage your money, you are going to end up where you started. It's a comforting fact knowing not just any retard can make it.

People see a 10 followed by six zeroes and think they're set for life. If you live to be even only 60 with that money that's around $160,000 a year before taxes. BEFORE TAXES. Do you see people who make $160,000 a year spending money on dumb shit?

No.

>> No.5754192

>>5753679
Kek

>> No.5754265

>>5754163
>taxes
Damn it feels good to not be a burger

>> No.5754298
File: 33 KB, 1005x163, Terminator.png [View same] [iqdb] [saucenao] [google]
5754298

>>5753596
I am with you 100%. I will be starting soon in crypto with anywhere from 2-5 ETH seeking a few actually useful and reliable long holds (12-24 months) and play with the remaining 25% diversified in risky short term trying to grow my egg.

Once the money goes in, that's it. It's gone forever. Thats the way I see it. Its so much mucking around cashing out. I will never be seeing that value in fiat again, I am prepared for that money to go into the system for over a decade before we can even begin to use crypto on normal everyday purchases and even then I will continue to live frugally as I do now.

I am among the shittiest living people on this board, but, I am used to it and I dont live beyond my means. I wash like a china man every night saving on the hot water bill knowing that in the future, it will have all been worth it.

pic related is how I visualize it. I hope more people here start to think like us.

>> No.5754302

>>5753596
Agreed anon. Solid reminder.

>> No.5754329
File: 87 KB, 750x720, 1509083855606.jpg [View same] [iqdb] [saucenao] [google]
5754329

>>5754265
Can't build a world superpower without harvesting your citizens, kek

>> No.5754357

>>5754023
i forgot americans can't into math

>> No.5754394
File: 91 KB, 634x424, 1514635046425.jpg [View same] [iqdb] [saucenao] [google]
5754394

>>5754298
I commend you. Living well within your means and even below that develops grit and character. Look at the richest men in the world. Warren Buffett, Bill Gates. They all live within their means.

Buffett drives himself to work every day in a sedan and drinks coke and eats fast food.

All the world's wealthiest families that survived generations know this. They know that in order to retain wealth one must have grit. The Rockefellers give their kids a $20 week allowance or something and make them work manual jobs.

>> No.5754399

>>5754163
>Do you see people who make $160,000 a year spending money on dumb shit?
Boats, jetskis, new high end suvs every year. 160k a year is pretty much the normie sweet spot for spending all your money on dumb shit

>> No.5754424

Delayed gratification

>> No.5754447

>>5754424
Preach

>> No.5754448

Iypothetically speaking: If I'd have 1 million (I don't) what wouls be a solid plan? Put it into an ETF?

>> No.5754459

>>5754298
Hey, I see that you left your tripcode on. Here at 4chan.org we strive to help each other in the community to make quality posts and content. You see a tripcode isn't necessary unless it's relevant to identify you in the thread, otherwise it only distracts from the discussion.

Thank you for your understanding and we hope we can make 4chan a beautiful place for all.

>> No.5754516

>>5754448
There's no one recipe for making wealth. Invest in assets, then take profits from those assets and KEEP REINVESTING THEM.

There's an excellent chart depicting how the working class, middle class, and upper class earn and spend their money. I don't have it on me but it highlights my point perfectly.

Number one rule is don't live beyond your means.

>> No.5754520

>>5753679
>American education

>> No.5754533

OP, I own a couple businesses and I was thinking of getting a yatch with my crypto gains. For some reason, this post got me thinking straight again. I'm gonna become a billionaire now instead. Thank you OP. Thank you very much. -Anon

>> No.5754545

I'd buy an large apartment in the city centre, top end computer and a home gym.

>> No.5754550

>>5754448
ETF have the highest profitmargins right now. Investment fuds like Blackstone actually make LESS money than ETF's despite asking a fee and being managed by industry experts.

These companies will all slowly die as ETFs outperformed them.

Make sure to take an ETF with 100% stocks though. No bullshit ETF with treasury bonds or equity like gold bullion.

>> No.5754575

>>5754533
Glad to help, anon. A boat is one of the most expensive liabilities one could own. The yearly upkeep for any boat is 20% of its original price.

>> No.5754579

>>5754394
Whats with all these rich old dudes with constitutions of the terminator? Trump and Buffett eat like shit, drink the sugary jew every day, sleep like 5 hours a night and are going strong well past their expiration date.

What's the secret?

>> No.5754587

>>5754545
You must be me.

>> No.5754588

>>5754533
Have you tried struggling to get your mind straight?

Literally get dropped off for two weeks in a big city with $500 in your pocket. You'll understand your true worth after that.

-no motels/hotels
-only goodwill clothes

>> No.5754623

>>5754579
This is not related to finance, but I truly believe (and have some scientific knowledge to back it up) that the key to a long life is happiness. There's a reason why countries like Italy and Greece live the longest lives. They drink wine every day, have strong family life, and are laid back. This is not a good formula for a stable economy, but definitely one for a long, happy life.

>> No.5754632

>>5754579
I bet they eat better than you think.

Obviously buffet is going to TRY cola since he spent billions on shares. Also the smarter you are the less sleep you need. I've seen people operate off of four hours normally.

>> No.5754665

I have roughly half a mil and live in a 300eur/month apartment eating free college food. Who here /nevercashedout/?

>> No.5754680

Even if you were to make a million in Bitcoin, would you even cash out to be able to use it?

>> No.5754681

Id buy a house outright for 300k, spend 50k on a new car, money for kids future 100k, 50k back into crypto, the rest in the bank.

>> No.5754685

>>5754632
No dude Buffett actually eats like a kid.
McDicks every single day for breakfast.
Here's a direct quote from him about coke:
>No, Buffett explained, “If I eat 2700 calories a day, a quarter of that is Coca-Cola. I drink at least five 12-ounce servings. I do it everyday.”

>> No.5754731

I'm 25 and already own one of the biggest gelato suppliers in the city, and am the importer and distributor of one of the biggest sunglass brand. I'm quite successful for my age, and I was justifying my possible extravagant purchase as dumb money. Dumb money = dumb purchases. But I should be more humble. I should put that money to employ more people to shoulder their family's well being. Im gonna make dumb money smart again guys. Instead of buying a yatc, I'm gonna go into riskier businesses that employ more people.

>> No.5754736
File: 31 KB, 375x211, Chad sector.jpg [View same] [iqdb] [saucenao] [google]
5754736

>>5754681
>As long as you buy the house outright and don't get a (((mortgage))). A mortgage is literally financing a liability. You are acquiring something you cannot afford and paying the (((banks))) extra money to do so.

Rich get richer, poor get poorer.

>> No.5754744

>>5754685
That sounds ridiculous, I don't believe. Buffet has a lot to gain by telling a story that drinking cola is normal.

Maybe he does, idk. But you have to understand that a person at this level has everything planned down to a handshake. You think he just says random stuff on the news and endorses Mc.Donalds for free?

>> No.5754761

>>5753596
Dumbass, these people are leasing the cars, not buying them

>> No.5754771

>>5754744
This guy (>>5754685) is right. Watch the HBO documentary on Buffett.

>> No.5754804

>>5753596
Well, as bad as it may sound, those things are pretty much assets. Obviously if you buy a new lambo, you lose 50% of its value as soon as you drive 1km. Not worth and also the reason why literally most retards, if they ever make it, will unmake it very quickly.

A rolex however is a solid investment. A house is strong as well, especially multiple houses in different regions, either for rent or speculation. Antique cars are awesome as well. It is just important that you switch your imaginary internet cryptomoney to some real assets to secure it once in a while. It is stupid to have 300 BTC lying around if you have nothing else of value. Just make cryptomoney and transfer it into useful assets - easily set for life.

>> No.5754833

>>5754804
Agreed

>> No.5754837

>>5754163
It's not necessarily about financial intelligence. It's about being able to adapt and learn to new circumstances. Everyone with general intelligence should be able to learn the financial basics in less than a month. Once you made a fortune you shouldn't move fast but with patience. Move when you understand what you have to do and how everything works.

>> No.5754885
File: 24 KB, 480x360, nigel-farage-laughing-election-success.jpg [View same] [iqdb] [saucenao] [google]
5754885

>>5753679
>being this unironically retarded
M is latin

>> No.5754905

>>5754837
Easier said than done homeboy.

>> No.5754928

>>5754516
Can someone post this if they have it

>> No.5754959

>>5754928
Generate value.

>> No.5754984

>>5753596
It's a fucking meme, how fucking new can you be. Shit..

>> No.5754986

>>5754837
Well right now we all have to move at warp speed to keep up with crypto. I guess the transition once you've made it might not be as easy as some people think.

>> No.5755005

No worries OP. Us niggers have no money to spend and thus no potential to earn anything.

>> No.5755033

Personally, I think living in excess makes you no more than a hedonistic animal. Nothing wrong with pleasure but too much of a good thing gets boring anyways. Buying luxury items is a waste when you can invest it in something better whether it be your own wealth or humanity.

I'm on track to making 8 figs by the end of this year and after that I will devote a lot of it for philanthropy. I definitely want to start my own foundation and contribute to causes I believe in.

Having values and ideals is what separates men from beasts.

>> No.5755072
File: 849 KB, 1230x1172, Screen Shot 2018-01-02 at 1.49.02 PM.png [View same] [iqdb] [saucenao] [google]
5755072

>>5754928
>>5754959
Found it!

>> No.5755080

>>5753679
... in Latin?

Today, in high society, we speak English. k is thousand, M is million and you likely speak with a decimal.

>> No.5755087

>>5753596
Whilst I think you're getting a bit buttflustered over a meme, wealth cultivation and just as important ASSET PROTECTION is a severely under discussed topic on this board IMO.
As the trillions start to pour into the crypto space in the coming years you're going to find average /biz/tards bags climbing from 10-500K into the 10-500MM range.
EVERYONE should be researching offshore LLCs and trust law. EVERYONE should be eying off another passport. EVERYONE needs to have a plan to reduce their liability. EVERYONE needs to learn how to appear poor on paper.
Then you can have a lambo, but it's just leased by a Belize LLC from a company in the Caymans. The only thing you should own is the cash in your pocket, your private crypto keys and the control of the offshore trusts that ultimately manage head up you physical asset portfolio.

>> No.5755104 [DELETED] 

>>5755072
TIL rich people don't eat food/wear clothes.

>> No.5755124

>>5755072
TIL middle class people don't eat food/wear clothes

>> No.5755155

>>5755104
>>5755124
No wonder you're a nig.
You're illiterate.

>> No.5755164

>>5753722

>and turn your family name into royalty.

Who gives a fuck about this narcissistic shit? I saw an ad in the city the other day that said "Why have a business when you could have an Empire?"

What sort of narcissistic retard does this appeal to? Who needs a fucking empire? Why is being so much of a megalomaniacal fuckwit that you even WANT an empire considered a good thing?

The Earth is dying. Our paleolithic brains are incapable of the sort of collective action required to save our own descendants from annihilation. Who gives a flying fuck if you have an "empire" when the Earth dies? Just get a farm in the middle of fucking nowhere so you can take psychedelics in peace, and hope you die before everyone else inevitably does.

>> No.5755182
File: 44 KB, 445x372, 1509693456327.jpg [View same] [iqdb] [saucenao] [google]
5755182

>>5753596
Something else I would like to add to OP is that the very same attitude is holding back crypto utilization in their intended usecases. Speculation is rampant in nearly every facet of crypto outside of the professional circles that actually engineer cryptotechnology.

I'm totally fine with the currencies and fund tokens etc being discussed purely in financial context, they are ACTUALLY just financial vehicles and meant to be traded and/or profited from. But we also have these same speculators and profiteers thoroughly infesting the utility projects, which are NOT intended to be currencies at all. Projects which are only held back by speculators and traders pumping and dumping, consequently killing public confidence and willingness to research the backgrounds and implications of the solutions these projects intend to bring forth.

It just makes me cringe when looking up the Slack/Telegram/Discord of tokens for dev updates and there's literally 95% price speculation, lambo dreams and salivating over moon missions. These same people then start badmouthing the projects when they are the ones that get dumped on with inane shit like "worst ICO I've had, coulda just held my ETH for mad gains". Jesus christ, I couldn't give less of a damn your profiteering bit you in the ass. Get the fuck out and let the project realize it's vision.

Can't imagine how demoralizing it must be to post updates for a community, whose only response is "lmao 10$ soon and then I'm selling everything". These people are publicly, openly declaring their abandonment of the project for a set price point. Just sad.

>> No.5755194

>>5755155
your mspaint flowchart was made by a nigger

>> No.5755203

>>5755164
Ya exactly. This narcissism shit doesn't matter in 100 years. If you care about your future family, then you would do whatever you could to make the world a better place.

>> No.5755204

>>5755164
I want an Empire. It'll be the glorious Empire of anon. Said Empire would go about ethnically cleansing about 44% of yankees and 100% of nigs.

>psychedelics
>muh planet Earth
There is a special place allocated in my gas chamber for you.

>> No.5755214

>>5754394
>muh grit
>muh frugality
Lmao at you poor faggots, there's a big difference between being a big spender and a fucking retard that blows all his money. It's all about planning. Invest wisely and you can do whatever the fuck you want. You have no fucking idea how the wealthiest people in the world actually live, they spend money like it's nothing because the money they have locked away makes more then they could ever spend. People like you don't get to see it because you're nowhere around to see it. Your stories mean nothing.

Only an unaware peasant hoards money for its own sake, money is simply a tool to make you happy, that's all it is. A tool. Simply use it well.

>> No.5755221

>>5755204

Your glorious blonde grandchildren can blame minorities all they like when the Earth is unable to create food any more. It won't save them.

>> No.5755241

>>5755164
Why not have an empire when you can be the immortal emperor?
There's a non-zero chance that our generation will conquer mortality. At the very least we are on track to have 100+ year good quality lifespans, assuming you don't fuck up terribly along the way.
Crypto is but the first step in a long journey for me. I hope some of you share my sentiment.

>> No.5755249
File: 513 KB, 923x599, buyhighselllow.jpg [View same] [iqdb] [saucenao] [google]
5755249

>>5755182
You're worse than Vitalik with your whiny ass bullshit

>> No.5755251

>>5755204
lol this is why you will always just be empty subhuman trash

>> No.5755253

>>5755221
My glorious blonde grandchildren will not be niggers and only niggers starve.

>> No.5755259

>>5755241
>There's a non-zero chance that our generation will conquer mortality.

I lol'd hard. Keep it coming.

>> No.5755266

>>5753635
>have unlimited food at supermarket if you have money
>spend time farming

I'm pretty sure you don't need to be rich to work on a farm if that's your dream

>> No.5755276

>>5755182
Don't confuse those "when Lambo??" literal retarded dimwits with weightful investors. They are just the sheep that gets milked by the big boys. However, the are the majority of idiots who spam communication channels because they hope their pocket money pulls a x100, which is still not so much in the end. In the end those people don't really matter regarding development, advancement in technology and significant price increase. Don't overestimate their influence on cryptos.

>> No.5755277

>>5753679
imagine this person working at your fund and in charge of anything to do with money

>> No.5755288

>>5755259
lol the delusion is real

>> No.5755294

>>5755214
I'm not advocating hoarding wealth. I'm advocating spending it wisely. If you make $10MM a year, then it is completely acceptable to spend $500M on leisure.

I'm advocating for proper money management.

Also, you're retarded if you don't think what I said is true. Degradation begins when people become too comfy. It's why societies collapse. Once you start spending money like the Vanderbilts on Park Avenue mansions every three blocks, expensive cars, drugs, you are bound to fail. Those kids had no grit. They were born with everything handed to them on a silver platter and imploded as a result.

>> No.5755313

>>5755294
>$10MM
Now what the fuck is does this notation mean?

Seriously man, stop posting until you learn how to abbreviate numbers in English.

>> No.5755341

>>5755294
Interesting enough the Winklevosses live pretty frugally too. I'm pretty sure only one of them owns a car.

>> No.5755344

>>5753596
Lamboland isn't a thing, it's an idea.

For some lamboland is 10 Million, a yacht and a mansion.

For some lamboland is buying a 2 bedroom apartment in a nice neighbourhood outright.

For others lamboland is simply having financial security to not worry about the day to day things life has.

>> No.5755349

>>5755313
M stands for thousand. If you do the math, 1oMM is ten million. This is how it's written. I'm not going to simplify it for you just because you're uneducated. Using "K" as notation is simply colloquial notation.

>> No.5755362

>>5755253

If only niggers starve then all of our descendants are niggers. We are taking more than the planet can give back. There is no way out.

>> No.5755363

>>5753596

My long term plan is buying several small apartments that i can rent for good cash. It's a brainlet and literally no risk investment which is what makes it so good and comfy.

>> No.5755383

>>5753596
Fuck off back to /pol/. Racist Pos is to dumb to realize it’s a meme. It just means you will be wealthy and can afford one

>> No.5755389

>>5755362
There are a lot of planets out there anon. It might not be pretty but there's always a way out if you look hard enough.

>> No.5755415

What the fuck OP. Let them buy stuff to keep the economy rolling.

>> No.5755422

>>5754163

>Do you see people who make $160,000 a year spending money on dumb shit?

Yes that is 99% percent of people that is why they are poor.

Look around you how many people are spending 1k on a phone every year just because they are brainlet bandwaggoners.

It's like the poorer the person the more expensive his phone

>> No.5755436

>>5753596
Lambo-land is a meme anon. I don't think anyone with any real skin in the game (i.e. not some student with like $500 of coins) actually wants to convert gains into Lambos.

I'm using this obvious bubble to get a nice bit of extra cash, but I'm only exposing 10% of my savings. So far I've doubled my money on that 10%, which is very nice, but am fully aware it could go to zero. People that pile in with everything they have or use exchanges without knowing how to trade are anathema to me.

Anything I make is going back into more stable investments though, for sure.

>> No.5755443

>>5755349
> 1oMM
> Using the letter "o" instead of a 0
> insists upon using made-up notation
> calling others uneducated
> LARPing to work in finance
The only way someone like you could work in finance is behind a HR or paki-call center desk.

> k and M are colloquial
> doesn't know about the SI prefix system
Dumb. Fuck.

>> No.5755495

>>5755389

If you think we're going to have the tech to travel 100k light years, before the release of methane bound in permafrost creates inescapable and catastrophic environmental feedback loops, then you are far more optimistic than I am. Humans in 200 years aren't going to be worried about how to reach the stars, they'll be worried about how to not die a brutal and short death.

>> No.5755508
File: 122 KB, 233x276, 1st altcoin.png [View same] [iqdb] [saucenao] [google]
5755508

>>5754459
>tripcodes are useful for finding your post and any replies to your post in a large thread such as those that exist on /biz/ now

I would not be bothering looking for my post in this thread and replying to you right now otherwise.

I dont care what other people think of it. It helps me so its good.

>> No.5755510
File: 74 KB, 512x768, 512pxBogdanoff_TDF.jpg [View same] [iqdb] [saucenao] [google]
5755510

>>5753679
Hahahahahahhahahahahahahahahahahahahahahahahahahahahahhahahahaahhahahahahahhahahahahahahahahhaahhahahahahhaahahha..


Ahahahahahahhahahahahhahahaha

>> No.5755511

>>5755294
>I'm advocating for proper money management.
I'm advocating for the same. Except you don't have to live like a frugal retard if you can plan your investments well. Frugality is a middle class mindset. Just don't be retarded and blow it all on liabilities and you can live well.

>Once you start spending money like the Vanderbilts on Park Avenue mansions every three blocks, expensive cars, drugs, you are bound to fail.
Lol you think the vanderbilts are poor today? They're still rich as fuck, they've just learnt to hide 90% of it. The richest people in the world aren't your Gates or Buffet or Slim, they're generational banker and railroad families that own everything under a shit load of holdings and trusts.

>> No.5755571

>>5755087
This is a fucking good post.

>> No.5755588
File: 73 KB, 657x492, ponzi scheme.jpg [View same] [iqdb] [saucenao] [google]
5755588

>>5755495
Microwaves left over from the big bang and minute space particles are are also a significant problem when dealing with FTL flight.

I came up with a theory to utilize a microscopic black hole of sorts to generate a suspended singularity field in front of a ship that could theoretically accelerate these particles to near the speed of the ship itself, but not 100% the ship of the ship, so they will collide with the ship's hull, but will only do so at a minute fraction of the speed of light, greatly reducing their risk as those speeds.

The next problem is regulating gravity to deal with acceleration and deceleration, but that's another problem for another thread.

>> No.5755590

>>5753596
So, biz... I’ve made it. There’s no denying that these days. But investing in non-crypto stuff is the worst. Municipal bonds, CDs, etc. It’s all super boring. I need someone to just set me up, so I can rake in that sweet $30k/month retirement.

Also exchanges are the worst. Just show me the actual sell orders and let me buy it. Long story short, I have no idea what I’m doing and I’m going to be a poorfag again soon.

>> No.5755600

>>5755495
If it all goes to shit at the very least we'll be able to create stations in earth orbit like in Elysium.
Hopefully our crypto gains will be enough to buy a ticket.

>> No.5755702

>>5755087
how do i do this

i got 10m in crypto help with specifics

>> No.5755766

>>5755702
A whole bunch of us should get together to set up a "company"

>> No.5755839

>>5755702
Research offshore llcs and trust laws, talk to a lawyer.

>> No.5755862

>>5755839
what kind of lawyer do i google

trust law?

>> No.5755918

>>5755862
I found this for some general reading. I wonder how much filing fees are for officially registering an LLC there

https://www.walkersglobal.com/images/Publications/Memo/CaymanMemos/Cayman-Limited-Liability-Companies.pdf

>> No.5755953

>>5755241

I'm at close to $1MM (lol) and there's no fucking chance that I'm cashing out any more than I have to in order to finance a lifestyle of modestly luxurious travel, learning, adventuring and flaneuring, one bit at a time. There's a realistic chance of financing it from ongoing trading profits alone, and never having to dip into my holds (except when strategic opportunities present themselves).

Crypto is what got us here, that is what wealth IS now (true scarcity only exists in crypto, and choice real estate in politically stable countries), zoom the fuck out a little bit and look at this at the level of a civilisational shift. If you have the will and the knowledge, you can participate in the realignment of the entire project of human civilisation, and carve your wake in the cosmos itself.

Life extension, radical political experimentation, transhumanism, all of this and more could be within possibility if you educate yourself and forget about lambos.

>> No.5756046

>>5755953
I remember years ago being a bit bummed out over the 'born too early to explore the cosmos' meme.
But now I'm not so sure. Maybe, just maybe, we will make it.

>> No.5756085
File: 138 KB, 425x282, hinewfriends.jpg [View same] [iqdb] [saucenao] [google]
5756085

>>5755508
pssst newfriend, click the ID.
namefags not needed unless OP or OC and even then its frowned on.

>> No.5756137

>>5753596

>not putting it into stocks after everything crashes

Literally first thing I'm gonna do. Just waiting. Either that or wait for the housing market to go to shit. That will probably happen before crypto crashes, I think.

>> No.5756148

>>5753679
In commodities like barrels of oil the letter M is used to denominate thousands however I have never seen an instance of it being used this way when referring to currency. K would be the correct one to use.

>> No.5756204

>>5753722
you're never gonna make it with that attitude. I'll toss my slurpee at you when I blast by you in my purple lambo

>> No.5756241

>>5755443
M and MM is used across the board in finance, whether it's used to write the amount of shares of a company or a sum of money. I'm not going to be lectured by someone who clearly doesn't know better. Look it up for fuck's sake.

>> No.5756380

>>5753596
People forget one thing about Lambos. The fucking upkeep, the repairs, the insurance is going to fuck you in the ass. If I own a mechanic shop and I see a lambo roll in, you're goddamn right I'm going to charge him 10x more.

>> No.5756542

>>5756380
Yeah, I mention that here >>5753936
People are generally unintelligent when it comes to money.

>> No.5756564

OP reached the last level of faggotry

>> No.5756606

>>5753722
This guy gets it. If I made $5 million from the Crypto market, I'm not going to spend it on private jets, lambos, massive houses. I'm going to spend very little of it, buy a nice place for myself, nothing too fancy, and invest in the rest. So instead of dropping in $2k here, $2k there, I'll be able to drop in $100k there, $100k here, and before you know it, you'll turn that $5 million into $20 million and so on.

Once you reach 20m status, repeat the cycle, and eventually, you can just blow it on whatever you want. Because let me tell you something.. $5million may seem like a lot, but honestly, it really isn't.

>> No.5756623

>>5756542
Ah yeah, my bad, didn't see that lad. Cheers.

>> No.5756715

>>5753596
Can I buy a $30,000 car?

>> No.5756792

First time poster on this board. Is everyone for real here or is it just a giant meme?

>> No.5756854

>>5756715
Just live within your means and look at everything as either an asset or liability. Buying a car you can afford is a major asset since it gives you freedom. It gives your schedule flexibility since you don't have to rely on public transportation. You can probably sleep in for an extra half-hour every morning now that you don't have to catch the bus or train.

>> No.5757070

>>5753679
This is true.

>> No.5757308

>>5756085
thank you, you helped me be less of a faggot

>> No.5757447
File: 13 KB, 418x359, 1449939126429.png [View same] [iqdb] [saucenao] [google]
5757447

tfw too late to make a million starting with a pathetic 10k

>> No.5757617

>>5756241
I get where you're coming from, but M and MM are financial jargon. It's a bit silly to be shocked that people are calling you out on it when even financial institutions will use K, M and B on the public-facing side. It'd be like hanging around ordinary people and talking about fiat

>> No.5758146

first thread on this board were you can learn something since ages

>> No.5758827

>>5753722
>>5753596

>You need to take that million, liquidate part of it, pay off any and all debts, get a nice small place or an apartment, then invest, invest, INVEST

Any recommendations? I've considered doing something with real estate but it seems like:
1) A financial calamity would make the illiquidity a problem
2) There are probably better investments

If I were to have X million the goal would not be to increase it for it's own sake. After a certain point more money won't effect the quality of your life. It's the quality of your social life that determines that so the question becomes what is there to invest in that is not just wealth building for it's own sake?

I'm interested in the environment so maybe, Green tech but I've heard a lot of sound and fury about it being overly subsidized and still a pipe dream.
Other ideas?

We're speaking theoretically, I'm not a millionaire but I do have some investments I think will do well.

>> No.5758878
File: 581 KB, 762x464, varg.png [View same] [iqdb] [saucenao] [google]
5758878

Buy some land. Get away from the cities. Become a family man and self-sufficient.

>> No.5758882

>>5758827
Have multiple sources of income. You can read up on real estate and flip some houses. Own some property and lease it. Become a shareholder. Start some businesses. The ideal number of sources of income is seven.

>> No.5758963

>>5754588
>Literally get dropped off for two weeks in a big city with $500 in your pocket. You'll understand your true worth after that.


You know what, if I were a wealthy man I would try that. More interesting would be the interactions you have with people who think you don't have a pot to piss in.

>> No.5759082

>>5758882

Both real estate and business ownership would require individually devoted attention. I don't really think one could do both effectively.

But, the underlying point of my question was, what type of investments are meaningful outside of wealth accumulation.
On a side take, philanthropy is a money laundering scam as the purchase of modern art. The latter was told to me directly by an art dealer at a party in Baltimore.

>> No.5759123

>>5755087
someone needs to turn this quote into a poster

fucking amazing

plz make a thread on asset protection

i know nomadcapitalist.com is the best site for us when we make it

>> No.5759187

>>5754665

>I have roughly half a mil and live in a 300eur/month apartment eating free college food

I don't know if that is sustainable long term.
The first reason is obviously inflation but the bigger problem, assuming you aren't in work, is that you will have few job skills when you need to make a living again. Going from pseudo-retirement to low level wage slave will be unpleasant.

>> No.5759219

>>5759082
Modern art IS a money-laundering scam. Modern art has close to zero intrinsic value. And it was fathered by Jews.

If you want to do something meaningful with your money then philanthropy is obviously the only way to go. But I don't think you're quite there yet to just be giving money away.

>> No.5759240

Just want to be free.

>> No.5759294

The lambo thing is a joke, a figure of speech you fucking autistic mentally handicapped mongoloid. Kill yourself.

>> No.5759382

>>5753679
Lmao. The only time you see a M for 1000 is in HVAC. Are you a fucking pipe fitter??

>> No.5759394

>>5759240

Lottery winners tend to do poorly in life after they win and I'd bet the same is true of many middle class people.
Financial freedom will only open your mind to other issues which you were not able to notice before so I'd say be prepared.

A liberal arts education would do a great deal to help there but you can't get it through a modern university anymore unfortunately.

New wealth will also create problems you didn't have before such as friends who are not independently wealthy who feel like you don't/can't understand their problems anymore. That's if they don't ask you for money also.

>> No.5759511

>>5759219
>Modern art IS a money-laundering scam. Modern art has close to zero intrinsic value. And it was fathered by Jews.

In the 80's the art world in NYC stopped revolving around artists and began to be centered around 3 main critics with absurdly jewish names. The benefit to jews of making criticism the center of the art world and not artistic production should be obvious. Art criticism also had the capability of creating value where none existed before, or sustaining value in worthless art so sales can move money around.

The English were especially prodigious at producing worthless artists who sold multi-million dollar works. The "Brash Young Turks" for example.

>> No.5759642

>>5753596
Just bought 100 million lambo with my first million.
AMA.

>> No.5759923

>>5754804

houses are pretty bad, tehy are imobile assets, you can't move them if shit hits the fan and teh govermnet keeps raising taxes on them never lowering

>> No.5760099

JSYK, if you make $1M on crypto you're looking at a MINIMUM of 1% interest if you invest that with a proper bank using their "elite" services.

That's only $10,000 a year, but you can negotiate a higher rate and easily live comfortable off your fortune for the rest of the days.

That's how it works over here in the UK, I assume it works the same in the US.

>> No.5760110

>>5753596
You've reinforced my resolve on this matter. Thanks anon.

>> No.5760180

>>5759394
Easy solution would be to not tell everyone you're now rich, and live comfortably in the middle class to avoid suspicion.

There's no reason to flaunt your wealth, and it will cause more issues for you in the long run even though your ego is stroked more.

>> No.5760277
File: 828 KB, 3081x934, secrets.jpg [View same] [iqdb] [saucenao] [google]
5760277

>>5753679
The M stands for Mario, dumbass.

>> No.5760327

>Get your 1mil from crypto
>cash out and buy 4 properties for 250k each
>rent them out for $1k a month
>never have to work again
sounds good to me

>> No.5760610

>>5760180
>Easy solution would be to not tell everyone you're now rich, and live comfortably in the middle class to avoid suspicion.

The problem is the type of purchases people tend to make when they come into money.

I don't personally have a problem with driving mid-level sedan and a reasonable plot of land in the suburbs.
...and no one has to know about the log cabin in montana.

>> No.5760645

>>5753679
In english, we use "K"

>> No.5760647

>>5754265
imagine being as retarded as you. too bad you dont have the cognitive ability to do such a thing.

>> No.5760733

>>5760610
whats in the log cabin

>> No.5760798

>>5760733

Nothing, it's just not a nig-tier display of wealth. Neighbors won't see it.

>> No.5760934

>>5753596
>lambo land is a meme meaning make it
>OP the fag takes it literally and talks down to everyone as if we're stupid enough to waste our money
OP is both a fart-huffing fag and autist

>> No.5761014

>>5754394
>The Rockefellers give their kids a $20 week allowance or something and make them work manual jobs.

You're an idiot if you believe those myths. I grew up rich, I went to a boarding school in switzerland with people like the Saudi royal, where not being from a family with at least a few 100MM made you "poor".

Those kids all spent 10s of thousands of dollars a weekend spraying champagne on each other at nightclubs in Geneva and would have no problem buying an Hublot or Audemar in a whim.

A few years back in a little town in Switzerland called Gstaad (I've met Polanski, Quentin Tarantino, Harvey Weinstein, Benrie Eccleston etc, here) I met some Astor kid (look up that family). He was drunk off his face at the nightclub here acting like an idiot.

Look up how princes Harry and William live. They certainly never did any "manual" labor. Those are just propaganda myths they tell the peasants to not make them come cut off their heads.

>> No.5761052

I thought the purpose of doing all of this was just to make more and more money, but not actually spend it?

>> No.5761062

>>5753679
Remove yourself from the gene pool please

>> No.5761118

>>5759394
I'll focus on becoming a better person, something I'm into already but lack the time and energy to do because of wagecuckery and shitty living situations. Language learning, piano, reading up on history, getting /fit/, etc and would take classes not for the degree but because I'd just like to know and be able to do certain things.

Even if I have a multi-million dollar account, I still want to drive my POS vehicle but of course I'd get the mechanicals perfect so I can rely on it. I've had a new car, really nice used cars, hell I've even had something semi-exotic and what did it ever do for me? Make people jealous, that's what. And guess what, such people basically tore me limb from limb when I got tired, when I slipped, they saw me as a meal, a shot in the arm to vindicate their fragile egos.

I recommend stealth, gentlemen.

>> No.5761126

>>5761014
>I met some Astor kid (look up that family). He was drunk off his face at the nightclub here acting like an idiot.

My point exactly you fucking idiot. These people are crippling their family name and not doing anything. I grew up like you too, but unlike you I didn't spoil myself and waste my time burning family money and taking my name down with it. I actually made something.

>> No.5761164

>>5757447
more than enough to be millionaire in 2018 tbqhwy
learn how to use your brain and hold

>> No.5761184

>>5753679
Way to derail your own thread retard

>> No.5761227

I have no idea, I have a nice house, reasonable late model car and am looking to use my gains to finish college, have kids and live a modest, comfortable life.

>> No.5761236
File: 1.51 MB, 480x366, 14-carat.gif [View same] [iqdb] [saucenao] [google]
5761236

>>5753596
damn Niggers

>> No.5761265

>Wealth is determined by how much money you keep, not how much you make.
I learned this a while ago. Rich sports athletes all go bankrupt. Why? Because they invest in shit companies, buy flashy garbage, have the IRS come after them for fucking up their accounting, or lose it in a divorce. It also happens with lottery winners going broke soon after winning.

You have to learn to invest otherwise you can make all the money in the world, but lose it. You can learn even if you're broke, so you're prepared to invest properly when you get rich. For example, everyone is lazy to learn, so they buy overpriced 401ks which lose them 2/3 of their gains by the time they retire from compounding fees. People are too stupid to know this, and fall for the mutual fund bs.

>> No.5761402

>>5761118

Wagecucking can be draining but you can definitely start the language learning, piano, history reading, getting /fit/ right now.
Those are some of my goals and I'm currently engaged in them.
-Learning Japanese because I'll be heading there for a belated honeymoon.
Need to lose 20 pounds because wagecucking put me in a high stress state for an extended period and the cortisol caused fat accumulation. I incentivized that by setting a period of two months to lose it or my wife gets to choose a punishment. The higher T levels will make me meaner than I already am.

These days there are short courses by good teachers you can get from $0 - $15. The kind of thing you pay thousands for in a university.

The limit is time and energy. Invest in Methcoin(TM).

>> No.5761408

>>5753692
>do the world a favor by living on a farm
Mate, if you genuinely believe that thats good for the planet, youre delusional.
The most efficient way to live right now is inside a fuckhuge city where you dont need a car, and where your food can be mass produced and distributed among a huge population efficiently.

Also Id so much rather have a nice house at the coast (something tuscany or similar) than live on some shit reeking farm in the middle of nowhere... Thats just subjective though...

>> No.5761461

>>5753596

Exactly, If I get 1 million, I'll never take it out and keep reinvesting it, into 10 million and even at THAT point I still won't take it out. until i get somewhere around 50 million then i take like 2 mil out

>> No.5761492

>>5755182
>These people are publicly, openly declaring their abandonment of the project for a set price point. Just sad.

and now you know where bankers come from.

>> No.5761503

>>5753596
Wonder what percentage of lambo owners is black

>> No.5761509

Fuck a lambo im tryin to get a down payment on a house, or maybe the whole house if I make it

>> No.5761514

>>5757447

It's not, you can turn that into 100k in a week if you make some good trades. I made $30k in a fucking week and I'm not kidding.

>> No.5761530

completely agree OP
till the day you die you should always be building and managing a portfolio whilst adding things like ETF`s, major stakes in companies, Real estate etc etc to your portfolio.
of course when you want to indulge in some of life's pleasures go ahead but having a couple million dollars does not mean you are rich.

>> No.5761638

>>5761514
What was your initial investment and what platform do you use?

>> No.5761690

>>5761126
Who said, I'm burning my money? I'm just saying rockefellers and their ilk don't give their kids $20 allowances.

Lets chill, I didn't actually call you an idiot. I just said you are one if you actually believe that.

And, people like Al Sauds, Astors, and Rockefellers have vastly greater amounts of money than the plebs will ever realize.

>> No.5761768

>>5755766
How though? You'd need a system to only let certain people in and keep the IRS out

>> No.5761799

>>5761690
>>5761126
Cont. They are the power structure. Until the plebs rise up and change shit, they literally can't have their names ruined. Rothschilds for instance are rumored to have a family wealth somewhere in the trillions. They've financed every war on each side since the war of 1812. They're above what youre saying.

>> No.5761861

>>5761799
>Cont. They are the power structure. Until the plebs rise up and change shit, they literally can't have their names ruined. Rothschilds for instance are rumored to have a family wealth somewhere in the trillions. They've financed every war on each side since the war of 1812. They're above what youre saying.

I've been hearing these stories for over a decade now. Does anyone have proof. What is the audit?

>> No.5761863

>>5755590
This is a legit issue and I think biz needs to band together somehow to set each other up with the right stuff. Get rid of the crab mentality.

>> No.5761929
File: 179 KB, 1636x542, M vs MM.jpg [View same] [iqdb] [saucenao] [google]
5761929

>>5753679
too lazy to reply to all the brainlets, but here's the image. Also, OP what is a reasonable amount of money to spend on a house if you have 1,000,000? What if you have 10,000,000. I don't want to get raped on property taxes if the value increases, etc.

>> No.5761959

>>5761799
I'm well versed on all the rumours involving the world's richest families. I'm convinced that they are behind everything in this world. But in order to keep that lineage and mindset for generations they have to make sure their kids don't fall off the wagon.

I went to private school with kids who got everything served to them on a golden platter. They would not have survived a day in the real world. And, as expected, they did not live up to the expectations set by the parents.

This is why I think character formation is important and at the heart of every prosperous family.

>> No.5761975

>>5753596
go fuck yourself faggot, this is 4chan

>> No.5761993

>>5761861
Plenty of good info on youtube. Just search "Rothschild Banking Dynasty"

https://www.youtube.com/watch?v=-klNO-AjW6M&t=2937s

I'm watching this as we speak. A good perspective on the true power structure of the world.

>> No.5762006

>>5753596
I need money to get out of my shithole of a country. Being Russian fucking sucks. Set my aim for a house abroad and i’m On my way into making it. Wish me luck, /biz/nessmen

>> No.5762028

>>5761959
We all agree, my friend.

I'm just saying, they are highly entrenched

>> No.5762083

>>5761863
I agree, since we are a really small portion of the population and have pretty much the same goals.

>> No.5762089

>>5753679
Anyone with a basic business education knows this. MM stands for million. This board really is full of retarded niggers and pajeets.

>> No.5762097

>>5761929
I'm not too schooled on real estate but I can tell you that its all relative. First of all, just please for the love of God don't get a mortgage.

Seeing as a house can be considered a major asset (no more rent for life, leasing opportunity for life, property ownership, potential for value to appreciate) I'd say it's acceptable to spend a sizable portion of your money on one.

>> No.5762117

What are you guys planning on doing once you're all set and retired? lets say you dont have to worry about money because you invested it all and rake in passive income

what do you do now

>> No.5762179

>>5762097
Yeah that's what I'm thinking. No rent or anything for life. If you move on and need something bigger or whatever then you can just rent it out. Def not getting a mortgage either

>> No.5762187

fuck off you racist cunt

>> No.5762224

>>5762117
Watch the 20+ shows I've got in my backlog

>> No.5762275

>>5761861
Google how Nathan Rothschild cornered the British bond market. From this he was able to completely control the Bank of England. From that they had the cred to create things like the US federal reserve

>> No.5762339

>>5762117
Probably get a filipina wife and convince her to let me cum inside her whenever I want. even if she is sleeping lol. She most likely will say yes due to our hi-so lifestyle so that sounds comfy.

>> No.5762340

>>5762187
Nigger alert.

>> No.5762350

>>5753596
kys you white cunt

>> No.5762386

>>5762179
You can put a down payment, renovate, rent, refinance (take out a loan against the equity, up to 80%) use that money to pay two down payments and renovate and rent those too. Your tenants will pay off those mortgages and this method offers significant tax advantages. If you flip a place, then you will be paying massive taxes on each flip. If you use the BRRRR method (look it up) you will save SO MUCH on taxes while buying more properties and having your tenants pay it off, and then some. You're welcome anon.

>> No.5762387

It bothers me to no end to hear people dreaming about yachts and mansions and exoticars, etc.

Even if you get into the millions - that’s nothing. You can’t live off that - all you can do is re-invest to try hit the 100million level.

At that point you can actually spend a little of what you made on catching up on things like debt, maybe a small house if you don’t have a mortgage in a state where real estate money goes far (like Texas).

Even at 100 million - there’s an entire different level of wealth that exists that really keep the wheels of the economy in motion... and chances are you’ll never hit that level.

My advice to you all is to stop dreaming about material things - because if your goal is simply to own some thing (car, watch, whatever) - then all you’ll ever do is chase the next thing. The $2million dollar car after you get your $300k car... etc.

Chase a feeling - chase financial freedom.

Live within your means - don’t pretend that you’re some huge deal just because you have a few million. Know that you do and know that your money is making you more... but don’t burn through it.

I hope we all make it and do it for the rest of our lives!

>> No.5762397

>>5761993
>I'm watching this as we speak. A good perspective on the true power structure of the world.

Conspiracy theories are fine if they are true. Where are the facts to confirm this?

IMO people that have wealth have power in the present. Some of those families pass on enough wealth to give their descendants influence but it's nothing like what's portrayed in those conspiracy theories.

for instance. look at the people who have a lot of influence today. CEOs like Jamie Dimon, parents where greek immigrants or Tim Cook, regular person that got lucky by working for the right company. Al Sauds were mention, they got rich by being the rich family in a country with oil and through a deal with Nixon. There is no conspiracy theory or secret to how these people got powerful.

As for issues, most are organically grown. For instance globalization is caused by technological progress allowing worldwide comminution which businessmen exploit. Demographic change is caused because native white birthrate is below 2 children per women, so the west wants to important immigrants to grow the economy.

I think the conspiracy theories exaggerate the influence of people. Sure people have vested interests but the world isn't completely controlled by a secret ruling class.

>> No.5762713

>>5762397
Phone posting now.

Just watch it. Make a thread later if you want to discuss. Would be fun to do a bit of fact checking on it.

All I can tell you, is I know these people. The stories are real. Real life is stranger than fiction.

You can ignore the satanist crap. That's mainly retarded. But the stuff about their wealth is true

>> No.5762776

>>5762397
Also, no... the al Sauds got rich in the 30s when the biritsh armed them, fucked up the ottomans, took medina and Mecca, and named the area SAUDi Arabia.

>> No.5762846

>>5753596
If people want to be niggers, let them be niggers. May their pink wojaks make us stronger. Fuck 'em.

>> No.5762946

>>5761861
Also, if what I'm saying is true, how the hell would you audit them? We can't even audit someone like Hillary Clinton without getting a bullet in the back of the head like Seth Rich

>> No.5762984

>>5762713
I've seen it before. Albert Einstein's dream was to create a unified theory. A theory that combined gravity, electro-magnetism, weak and strong forces into one. If he could create this theory, it would explain EVERYTHING.

> https://en.wikipedia.org/wiki/Unified_field_theory

He couldn't create the theory.
Point is humans have a tendency to want to connect the dots, see between the lines and connect data together to make sense of the world. Sometimes it's true and other time it's reality.

In that video going from Ancient Egypt to JFK is preposterous. Speaking of rich families. I doubt that family has much political power today.

And yes I have been exposed to rich families as well.

>> No.5763047

>>5762946
>Also, if what I'm saying is true, how the hell would you audit them? We can't even audit someone like Hillary Clinton without getting a bullet in the back of the head like Seth Rich
If Hillary had so much power, you think she would have been able to defeat Trump. That was her dream after all.

2016 election really made me realize that most of our problems are the result of dumb average citizens voting for the safe candidate because of name recognition. Shit isn't as controlled as it seems.

>> No.5763069

>>5761514
Shill me something or even better: how do I fish myself? How to learn what coins are good for trading? I x3'd my investment since December and I'm holding but I want more.

>> No.5763085

Crypto Is a means to an end, I just want to add some fuel to my Roth IS A, get some investments going and start buying stocks that pay dividends and ultimately make my money work for me. After that and when my debts are paid, then crypto will be a hobby and I'll see it more as play money.

>> No.5763138

Hey OP and his fellows posters.

I just got into investing into cryptos after 5 years of stock trading and penny coins.

I just want to know something.
I'm from EU, I just created a coinbase account and starting investing in Binance.

I invested 200euros in XRP, REQ, XLM and VEN. The coins I feel good with.

I don't wanna be "rich" of cryptomoney but its good for pocket money, I have a decent job paying 2500euros a month.

What do you guys suggest, should I stay with Binance? How can I withdraw the money afterward? Convert the coins to ETH then send it back to coinbase? Can you correct me on that? Thanks guys, I'm happy to be in this time and not "too late" like I was on bitcoin few years ago.

Thanks for reading me and replying to me if you have time

>> No.5763164

>>5762984
>In that video going from Ancient Egypt to JFK is preposterous.
I'm sorry if you don't like the format. But can you point to something being presented as fact that you take issue with?

>I doubt that family has much political power today.

Which family? The kennedys? Ted was senator until 2009... then he was killed. I wonder why?

If you mean the Al Sauds, they are still very powerful. As I mentioned before in the thread, I went to school with them. They would brag to me about how their uncles were in DC informing US policy.

>If Hillary had so much power, you think she would have been able to defeat Trump.

Obviously, they don't have absolute power. But they do have enough power to silently influence things and kill those who get in their way. Do you doubt the clinton body count?

>> No.5763191

>>5755266
Well row crop farms require a pretty large capital investment. Loans exist but living in debt for 30 years isn't very fun. Equipment is very expensive too. And if you have any less than around 100 acres you're not going to make much profit.

>> No.5763208

>>5763164
>>5763047

Whats more, I'm not really talking about the clintons. They're clearly puppets for the real power.

>> No.5763337

>>5753596
My proceeds will go towards buying a moderately sized lot and building a 10 unit condominium complex in an upper middle class area and retiring at 40 to manage the complex and collect income while depreciating the asset...

>> No.5763384

>>5755087
Except a structure like that easily costs over 10k/year... How could you justify that expense with less than let's say 2M in net worth?

>> No.5763407

>>5763047
Do you not find it strange that both presidents who were trying to take back American power from the central banks and secret societies were offed? Lincoln was literally killed 5 days after attempting to implement the greenback. Kennedy was killed just a few months after implementing exectutive order 11110

https://en.wikipedia.org/wiki/Executive_Order_11110

This would have reinstated a silver backed dollar.

How about the fact that a wikileaks document proved that the CIA was aware that our allies the Saudis financed 9/11?

I could go on and on with more facts like these if you care.

>> No.5763486

everything /pol/ says about the jews is true

you're literally retarded if you don't believe it

>> No.5763524

>>5763164
>If you mean the Al Sauds, they are still very powerful. As I mentioned before in the thread, I went to school with them. They would brag to me about how their uncles were in DC informing US policy.

I talked to a Goldman Sachs VP who said he lobbyist in DC informing the politicians of policy decisions. Said they had to spend half the time explaining to them how the economy worked.

I think when poor people here this go nuts but I how else would reality work?

>Do you doubt the clinton body count?

No clue. I would need to do my own research.

>I'm sorry if you don't like the format. But can you point to something being presented as fact that you take issue with?

I think the JFK part about the industrial military complex is true.

But then it skips to ancient Israel and talking about problems with jews assimilating to other cultures. and all this speculating about the occult... then something about the knights templar and how bill Clinton and the pope are part of that group descended from the knights. insinuating that they are evil.

One big problem here. That Pope was Benedict the faghater and he was a traditionalist. He got kicked out for not being current year enough and replaced by kiss refugee feat Pope. So apparently that order secret didn't help Benedicit stay in power and actually we would have been better off with him in power.

@15:00

too much baseless speculation in that video.

>> No.5763567

>>5753596
>hard-earned money
lol see thats where you're wrong and what spawns this nigger tier behaviour

>> No.5763649

>>5763407
>This would have reinstated a silver backed dollar.

This crap again? Look at BTC and the HODL. If your asset appreciates in value, no one wants spend it. This causes a liquidity crisis and limited the maximum value of assets in a society.

Say I want to sell you my house for 1m goldbucks. Everyone is hodling and I can't get the goldbricks to purchase your house, even if I believe that is a fair value.

A deflationary currency punishes savers and forces you to invest in the market but it keeps the economy working.

>How about the fact that a wikileaks document proved that the CIA was aware that our allies the Saudis financed 9/11?

I don't think all conspiracy theories are baseless. I would not be surprised if the USA let 9/11 happen to start war in the Middle East. Industrial Military Complex is strong in America.

>> No.5763823

>>5763524
You keep deflecting from my questions. Please answer them.

>I talked to a Goldman Sachs VP who said he lobbyist in DC informing the politicians of policy decisions. Said they had to spend half the time explaining to them how the economy worked.

You're not really arguing against me there... I keep trying to insinuate that our politicians are NOT the real power structure. Try and open your mind to who your true rulers are.

>I think when poor people here this go nuts but I how else would reality work?

No they wouldn't... They've been dumbed down and pacified by too much comfort. Thats all they care about.

Im not going to do your research for you, but here:

http://www.fox5dc.com/news/local-news/private-investigator-there-is-evidence-seth-rich-contacted-wikileaks-prior-to-death

Thats a start... btw he was a DNC staffer.

>I think the JFK part about the industrial military complex is true.

You're really not even reading what Im posting are you?

>But then it skips to ancient Israel and talking about problems with jews assimilating to other cultures. and all this speculating about the occult... then something about the knights templar and how bill Clinton and the pope are part of that group descended from the knights. insinuating that they are evil.

Please be more specific with something they present as fact. I understand if you don't like their interpretation. But most of what I see in that video as fact appears true to me.

>too much baseless speculation in that video.

Again, try and look past the speculation and listen to the facts. Everyone's interpretation is different. What I can tell you is fact is how the Rotschilds, British Royal Family, Rockefellers, etc. are vastly more wealthy than you could imagine. And that these groups finance each side of every major war.

>> No.5763872

As much as everyone says /biz is a bunch of lamboland retards, there is a decent amount of people in here that have a good head on there shoulders. It's literally to the point that I feel like I relate to a majority of these people on /biz , then 95% of the people I know in real life. I literally don't hang out with my friends anymore because I realized they are all a bunch of wagecucking union workers that are okay with slaving there lives away for 40yrs to retire with there 200k house and a nice used sports car at the prime age of 65. Sounds like the life I want to live.

>> No.5763901

>>5754731

That's what the game is all about my man. Learning to leverage other people's time for your own advantage. They get jobs and a means to live, you get to expand your holdings and revenue. If they decide to go out on their own, great. If not, at least they can provide for themselves and not be destitute.

We're bringing back noblesse oblige, one moon mission at a time.

>> No.5763960

>>5756137
Car loans and student loans are teetering

>> No.5763993

>>5763138
>Convert the coins to ETH then send it back to coinbase?
You can buy ETH right off Coinbase.
If you are conservative and want steady gains, just buy ETH and a bit of Bitcoin. ETH is relatively cheaper now, since it hasn't had its big run yet, like Bitcoin had.

I don't use Binance, but I hear good things.

>> No.5764163

>>5763823
>You're not really arguing against me there... I keep trying to insinuate that our politicians are NOT the real power structure. Try and open your mind to who your true rulers are.

That's because our politicians are the same people investing in the shilled shitcoin of the day. They lack 1st hand experience and are relying entirely on 2nd hand information when ti comes to making decisions. This causes inefficiency and results in the politicians often not even reading the bills they are signing into law.

On top of the we got cuck like Paul Ryan and Ted Cruz who care more about ideology than reality. tax cuts 4 the rich will increase jobs. The left is bad as well with all their race baiting and white apologizing.

The money makers, they don't give a shit about any of this except when it comes to making them more bucks. That's how the world works.


>Please be more specific with something they present as fact. I understand if you don't like their interpretation. But most of what I see in that video as fact appears true to me.

Because you are failing to separate assumptions from facts. The entire video is assumptions and speculation. There aren't fact. It looks plausible isn't the same as it's true.

I don't know if the industrial military complex killed JFK and that video doesn't prove he was killed by them, but it insinuates it.

> What I can tell you is fact is how the Rotschilds, British Royal Family, Rockefellers, etc. are vastly more wealthy than you could imagine. And that these groups finance each side of every major war.

So these people are funding Assad, Russia, USA and ISIS all at the same time?

Do you notice how those old conspiracy theories from 10 years ago don't mention demographic change? Why is that? Because it wasn't a mainstream topic back them. So those videos only talk about the issues that are relevant in the era. And industrial military complex was huge with GWB and Iraq War.

>> No.5764225

>>5763649
>>5763649

A deflationary currency punishes savers and forces you to invest in the market but it keeps the economy working.

Firstly, wtf are you doing even buying BTC with that Keynesian crap poisoning your mind? If you believe that, you're proving that all you care about is making a buck... Thats fine, but don't act like you give a damn about the economy.

At any rate, its my money. You're basically arguing for theft to promote a beast of an economy. You understand how the miltary industrial complex works... Don't you think it would be better to adress the fact that they and a fucked up medical system are respondible for far more issues in the economy than some farmer who just wants to save his money? What percentage of people ever even have the chance to do any form of investing in this economy anyway? Also, allowing people to keep their wealth is what makes them invest... The greatest economic expansion in the US basically happened until fractional reseve banking (i.e. forced inflation) was created. THAT was what was responsible for the crash... Not people hoarding their assets.

>> No.5764262
File: 179 KB, 1087x1080, 1502632334535.jpg [View same] [iqdb] [saucenao] [google]
5764262

>>5753596
>Don't be a fucking nigger /biz/

Best post I've ever seen on this board

>> No.5764465

>>5753722
>/biz/ becomes kangz

>> No.5764563

>>5754298
>taking a picture of your own quote

>> No.5764582

>>5764225
>Firstly, wtf are you doing even buying BTC with that Keynesian crap poisoning your mind?

I have a Keynesian macroeconomics professor in uni. Made lots of sense once I learned logic.

Would point out we don't follow Keynesian economic policy because we don't increase taxes (on the rich) during economic growth. Which ironically is why wealth inequity growing.

>If you believe that, you're proving that all you care about is making a buck... Thats fine, but don't act like you give a damn about the economy.

I don't believe in BTC. It's a centralized system controlled by Chinese miners being fueled by speculation.

>Don't you think it would be better to adress the fact that they and a fucked up medical system are respondible for far more issues in the economy than some farmer who just wants to save his money?

Those are different issues.

If I was president, I would
>Cut military spending in half
>Abolish Social Security
>Universal college
>Universal healthcare
>Increase taxes on the rich

That would fix our major problems.

>The greatest economic expansion in the US basically happened until fractional reseve banking (i.e. forced inflation) was created. THAT was what was responsible for the crash... Not people hoarding their assets.

Look at BTC price increases. It bubbles up, then crashes below "fair" value then goes back up. This is human nature. Greed, then fear, followed by correction. This is also what causes the economic cycles.

Hoarding assets makes the collapse worse and trusts us into an even worse depression.

>> No.5764819
File: 37 KB, 600x600, 2dd.jpg [View same] [iqdb] [saucenao] [google]
5764819

>>5756085
Absolutely useless in a big thread, it just highlights your posts. Wow. I mean have you tried it yourself? Its more efficient to just ctrl+F and then you can jump to your posts instantly. But without tripfags you have to type in a unique ID everytime. Its easier with a set trip since I just search caza

>> No.5764822

>>5764163
I'll get to the rest of your post in a moment.

>So these people are funding Assad, Russia, USA and ISIS all at the same time?

Yes

That was just from a most cursory bit of googling. If you give me time, I could dig up primary sources.

http://www.independent.co.uk/voices/hillary-clinton-wikileaks-email-isis-saudi-arabia-qatar-us-allies-funding-barack-obama-knew-all-a7362071.html

>> No.5764861
File: 13 KB, 588x108, liquidity.png [View same] [iqdb] [saucenao] [google]
5764861

>>5764563
Hell yeah. I do it all the time. I come up with good shit sometimes. I cant remember all that shit.

>> No.5764970

>>5763960
>Car loans and student loans are teetering
>CDO 2.0
>tranche loans
>slush fund loans
>"hey guize, let's put all these shitty loans in other loans and then mix them all together and sell them to each other"
I'm scared, anons.

>> No.5765037

>>5764861
kys asap faggot nigger

>> No.5765067

>>5753596

I'll post a pic of my lambo just for you faggot

>> No.5765144
File: 19 KB, 598x210, grandburger.png [View same] [iqdb] [saucenao] [google]
5765144

>>5765037
Here is another one for you

>> No.5765233

>>5764582
>I have a Keynesian macroeconomics professor in uni. Made lots of sense once I learned logic.

Appeal to authority.

>Would point out we don't follow Keynesian economic policy because we don't increase taxes (on the rich) during economic growth. Which ironically is why wealth inequity growing.

Firstly, I never argued we were 100% keynesian... I don't even know why youre saying this.

Arguing with you is like trying to pass a ball back and forth with another ball -- you keep sending things in random directions.

Anyway...

> Which ironically is why wealth inequity growing.

Firstly, the word you mean is INEQUALITY inequity implies an inherent unfairness. If you believe wealth inequality is unfair, you need to explain why? Are you a communist?

Secondly, why would it be unfair, when the quality of life is improving across the board, year after year across the world?

> don't believe in BTC. It's a centralized system controlled by Chinese miners being fueled by speculation.

I don't care what your shitcoin of choice is, it doesn't make a difference to my question. Please address my actual point.

>Look at BTC price increases. It bubbles up, then crashes below "fair" value then goes back up. This is human nature. Greed, then fear, followed by correction. This is also what causes the economic cycles.

Yes, because their is too much UNREAL "wealth" in the system. When banks can lend out 10x their float, it causes problems. Those kinds of cycles are not natural. I'm glad you've enjoyed econ 101, but you need to go read an actual book. Start with friedman, sowell, and hayek. I promise they will make much more sense than the communist/socialist-lite prof. who's been shoving this garbage down your throat.

>> No.5765398

>>5764582
Now, if we could get back to the subject at hand. Can you please address this idea that every time someone attempts to call out these "banksters" and put another system in power, they keep getting offed?

Can you please tell me what heppened to the Rotchshilds wealth, if they aren't filthy rich anymore?

Can you please choose one piece of information that doc presented as FACT (not what they presented as their opinion) and help me see where they are lying/misinformed?

>> No.5765722

>>5764822
>http://www.independent.co.uk/voices/hillary-clinton-wikileaks-email-isis-saudi-arabia-qatar-us-allies-funding-barack-obama-knew-all-a7362071.html

I said both sides at same time. That link says only funding side to defeat Assad. There is nothing there about secret families, just regular govt financing.

Also this is regular Realpolitik. Putin is dangerous to the west because he upsets the current power dynamic therefore they want to defeat him. Iran is against Saudi Arabia and we have a treaty with Saudi therefore we want to hurt Iran's ally Syira. This is just like the pre WW1 alliances, rather than some grand conspiracy theory.

>>5765233
>Firstly, the word you mean is INEQUALITY inequity implies an inherent unfairness. If you believe wealth inequality is unfair, you need to explain why? Are you a communist?

Look at this entire thread. Once you have a few million dollars, you can live off passive income. While if you have 0 funds, you have no choice but to wagecuck. That is unfair.

http://www.epi.org/productivity-pay-gap/

Since the 1970s, average wages have not increased with productive increases.

>http://currydemocrats.org/in_perspective/income_distribution_over_time.jpg

top income has captured a disproportionate amount of the wealth.

The facts are really clear, the upper-class is capturing the value generated in society.

On top of that prices of certain goods have increased far beyond inflation, housing, healthcare, college and this further accelerates income inequality.

I'm assuming you are a millennial too? These are the issues of our generation and why so many people are on here gambling everything they have in the hope of being financially stable.

> Start with friedman, sowell, and hayek. I promise they will make much more sense than the communist/socialist-lite prof. who's been shoving this garbage down your throat.
10 years ago I believed in that garbage and the conspiracy theories too. I'm free of the cult now.

>> No.5765786

>>5753679

Your Op is correct, but you done goofed up here.

>> No.5765851

>>5765398
>. Can you please address this idea that every time someone attempts to call out these "banksters" and put another system in power, they keep getting offed?

We had the SEC after the Great Depression. We had Dodd-Frank after the Great Recession. Tell me how the bankers are ruining your life right now?

>Can you please tell me what heppened to the Rotchshilds wealth, if they aren't filthy rich anymore?

You need to prove what happened with the wealth. But none of the issues we see today

>transgender
>gun rights
>birthrates
>Islam
>globalization


Have anything to do with the Rotchshild.

>Can you please choose one piece of information that doc presented as FACT (not what they presented as their opinion) and help me see where they are lying/misinformed?

I already gave you 3 examples. 1) JFK insinuation. 2) Jewish Occult 3) Evil Pope...

You tell me what in that video is fact, not speculation.

>> No.5765939
File: 888 KB, 1200x3601, kcs1.jpg [View same] [iqdb] [saucenao] [google]
5765939

>>5763138

KuCoin.com in short..

Get on the DBC and KCS train srs

Okay pay attention fellow /bizraelis, this is not the one to miss. BNTY and PRL have proven in the last week that anything that touches Kucoin is going to surge. Now DBC (Deep Brain Chain) is on the same path, as you can see it has the highest trading volume on KuCoin. On the other hand Kucoin's total daily trading volume is sitting at a tiny $32m compared to Binance's $2.8b and Binance is only 5 months old. Kucoin has grown 800% in the last 60 days and it's aggressive listing of new unknown coins such as BNTY and DBC is going to be a major contributor to this growth. We're at a point now where normies are seeing this: https://coinmarketcap.com/currencies/kucoin-shares/ or https://coinmarketcap.com/currencies/deepbrain-chain/ and scrambling to get onboard with the moon missions.

How do you take advantage of Kucoin's growth? KuCoin Shares.

Anon, what the hell are KuCoin Shares?

KuCoin is dead serious about being a major force in the exchange world. They want growth and they want it fast - to facilitate this they're offering dividends in the form of trading fees to their investors. 50% of the entire trading fee revenue on the Kucoin platform will be shared daily with those holding KCS on their exchange. This is a two-fold investment with ridiculous growth potential as a result, you buy KCS, the exchange grows, your KCS rises in price, and the amount of dividends you are generating grows with it.

Details: https://www.youtube.com/watch?v=5NolXWUOalQ

My current plan is to ride our /biz/ alt-coin profit and reinvest into KCS down the line. See you in 2020 when I'm still holding and living off my dividends, I hope you are there with me.

Kucoin's referral system is genius too; you are rewarded some % of the trading fees that your invitees take on. If I shilled you into this Godcoin please consider using my referral code below when signing up if you don't have a Kucoin account yet:

1gbxJ

>> No.5765993

>>5754575
Uh, no.

>> No.5766120

>>5754681
Uhh....that 100k alone will be spent raising the kids. You tards have no idea how expensive a child is from birth to 18 years old. 18 years of financing that little piss ant. 100k ain't shit for a kids "future".

>> No.5766217

How did this cancer get 200 replies? Incel faggot larpers like OP need to go outside once in a while

>> No.5766247

Is there anywhere I can read about and learn about cryptos? I lurk here a lot but im still clueless.

>> No.5766452

>>5766247
>Is there anywhere I can read about and learn about cryptos? I lurk here a lot but im still clueless.

youtube real crypto and crypto investor. a lot of good articles on medium as well

crypto market 4 dummies

>huge bubble
>blockchain is technology dud
>Most shitcoins are vaporware
>BTC controlled by Chinese miners

Invest in ETH on gdax if you want to be safe and put a stop loss of ~30%

>> No.5766656
File: 79 KB, 720x487, 2016.10.24 - Syria 4 (1).jpg [View same] [iqdb] [saucenao] [google]
5766656

>>5765722
>I said both sides at same time. That link says only funding side to defeat Assad. There is nothing there about secret families, just regular govt financing.

Firstly, my original point was MAJOR wars... Syria is a conflict in comparison. Bringing up ISIS, should make you ask some questions though.

No, the Al Suads are the family in question, in this example. And my point was if we are fighting ISIS, why would we knowingly allow allies of ours to fund ISIS?

>Also this is regular Realpolitik. Putin is dangerous to the west because he upsets the current power dynamic therefore they want to defeat him. Iran is against Saudi Arabia and we have a treaty with Saudi therefore we want to hurt Iran's ally Syira. This is just like the pre WW1 alliances, rather than some grand conspiracy theory.

I'd agree with most of this... But there is more to add. Please reference pic related.

As for the grand conspiracy part. I would argue, there are a group of people who want to take over the world. What else is Novos Ordo Seclorum supposed to mean? Why do they stick that on every building of theirs?

>Look at this entire thread. Once you have a few million dollars, you can live off passive income. While if you have 0 funds, you have no choice but to wagecuck. That is unfair.

Why is that unfair?

Most people in this thread came from nothing and had to work their asses off to get what little they have. They took HUGE comparative risks with their money. Many of them could have been literally left on the streets taking that risk. Now they've helped grow the next big important industry... If the system worked the way you wanted it to, that couldn't happen. Progress (a word I'd guess you like to take on an "iv" to and attribute to yourself) couldn't happen.

As for the pay gap, that probably woulnd't be happening if small business owners didn't have to give up 40% of their income to support bombing children and paying for fat people's lap band surgery.

(cont.)

>> No.5766955

>>5765722
>top income has captured a disproportionate amount of the wealth.

The facts are really clear, the upper-class is capturing the value generated in society.

No, your government is capturing most of the wealth. Do you know what China's tax rate is right now? 15%. Yes the inequality is great currently, but more people are being pulled out of poverty than EVER. Inequality, doesn't inherently mean bad.

> I'm assuming you are a millennial too? These are the issues of our generation and why so many people are on here gambling everything they have in the hope of being financially stable.

Yes, millennial here. I own my own business, come from a family who worked hard to get what they have, and thusly have little risk investing in this. I see a technology, that is literally pulling 3rd worlders out of poverty and allowing their kids to go to school and see doctors. I like the idea of supporting that and making money. There is nothing wrong with that.

Meanwhile, your ideology is one of inherent violence. You cannot support taxation without a gun. I realize some government is necessary, but beyond something like 10-15% it becomes theft. When you tax higher, the rich hide their wealth, and pay their workers smaller wages.

You should be advocating for charity, not taxation. Name one thing governments do better than the private sector. Hell even the war is done better by PMCs than gov.

>10 years ago I believed in that garbage and the conspiracy theories too. I'm free of the cult now.

I can understand not accepting the conspiracy part. DESU, i go back and forth on it all the time.

But, when you start saying things like "now I learned logic", "youre in a cult", and "my super smart professor (i.e. priest), showed me the light", I start to think the kettle calls the pot black.

(cont.)

>> No.5767071

>>5755277
>deposit 300 quid in a bank in Scotland
>lady working there counts it
>"alright so you're depositing 150"
>what
>no, there's 300 there
>she counts it again
>"oh yes, good thing you counted before you came in, I'm not that very good at it"
>works in a bank

>> No.5767176

>>5767071
women are shit at everything and should be making sandwiches and sucking dick, nothing else

>> No.5767256

>>5753704
Yeah niggers like to say clever lines all the time. Doesn't change the fact that 95% of them would spend money on bullshit.

>> No.5767441

>>5766656

knew about the oil pipeline. Again more proof it's just people being selfish and looking in their best interest. Not some revenge of the rothchilds conspiracy.

>As for the grand conspiracy part. I would argue, there are a group of people who want to take over the world.

no proof

>What else is Novos Ordo Seclorum supposed to mean? Why do they stick that on every building of theirs?

same reason we stick lambos on the moon?

>Why is that unfair?

Because rich start life with universal basic income. You don't. simple.

>Most people in this thread came from nothing and had to work their asses off to get what little they have. They took HUGE comparative risks with their money. Many of them could have been literally left on the streets taking that risk. Now they've helped grow the next big important industry... If the system worked the way you wanted it to, that couldn't happen. Progress (a word I'd guess you like to take on an "iv" to and attribute to yourself) couldn't happen.

thats republican brainwashing to make poor people happy.

Look at Apple, they are one of the most profitable companies in America. How much do they pay retail employees? Jack shit.

The problem is wagecucke don't have the same bargaining power as capitalists so the system. This is true for EVERY industry. Wagecucks salary is measured in how easy they are too replace. It's got nothing to with risk taking or vision.

Likewise with pricing. Most companies aren't perfect competition so they are able to charge very high profit: healthcare, college.

That's why so many people retreat to small business, because small business is the only hope for poor or middle class people to escape wagecuck hell.

>But, when you start saying things like "now I learned logic"

What is your education level? Have you completed an MBA course like I have? There is a lot of information there that is very relevant to business that you haven't been exposed too.

>> No.5767493

>>5753942
In investible assets

>> No.5767695

>>5765851
>We had the SEC after the Great Depression. We had Dodd-Frank after the Great Recession. Tell me how the bankers are ruining your life right now?

>You claim to have believed in "that garbage" but are proving to me you have no idea who Friedman, Sowell, and Hayek are. They're not conspiracy nuts. Theyre economists of the Austrian school of thought. You've clearly lapped up all the Keynesian stuff without looking at what other sides have to say.

Watch these, these guys were awesome:

https://www.youtube.com/watch?v=hsIpQ7YguGE

https://www.youtube.com/watch?v=RnMd40dqBlQ

https://www.youtube.com/watch?v=P7FrBYi8pKA&t=333s

>transgender
>gun rights
>birthrates
>Islam
>globalization

Can you please state what your stances on those issues are?

>> No.5767863
File: 11 KB, 225x225, images.jpg [View same] [iqdb] [saucenao] [google]
5767863

>>5762984
https://thezog.info/list-summaries/

I'm not much into the family dynasty thing, though there's a lot about the Rothschild for that. I'm more about examining those with power and influence, what is open public knowledge, and seeing what they have done with said power. A simple investigation of the nation's elite, if you like.

>> No.5768181

>>5765851

You need to read a book like Culture of Critique if you want an idea of what's going on in the world. Anon's videos about Egyptians and tracking thousands of years old families are smoke and mirrors. What matters is those that have influence on finance, lawmaking, and culture. And that is easy to track and document.

>> No.5768249

>>5767441
cont.

Keynesian Economics were accepted after The Great Depression because they properly explained what was occurring in reality.

From microeconomics the key takeaway is that free market allows all types of competition from perfect competition (what conversations fixate on), to Bertrand competition, cournot competition,, oligopoly, monopoly. And the problem is very few industries in our society are perfect competition.

To illustrate. Apple sets the price for iPhones based on what will generate the max profit. Google does the same. You have no ability to negotiate the price. This applies to almost everything you purchase, including healthcare or college tuition. As a result, big corporates are able to make above perfect competition profit from the market. Where does that profit go? Well it could go to employees but they are an expense so keep their wages as low as possible. Instead those profits go to shareholders. People that hold stock.

This is why the income inequity has increased. Profit goes up but it's not passed onto employees, instead to shareholders.

>> No.5768459

>>5767695

>transgender
real trans people are genetic defects.
most are just confused kids
don't believe in letting kids multilateralism their bodies with opposite sex hormones or surgery

>gun rights
pro 2nd but I do see the liberal argument and we are putting our lives in danger for muh freedoms

>birthrates
hard world builds strong character -> strong character builds good world -> good world builds weak character -> weak character builds hard world.

our society is soft and people take forever to grow up. 30 is the new 20. people don't care about starting a family or raising kids (also wealth inequity makes it hard too but side issue), instead it's about satisfying vanity and spending money on expensive trips around the world. Hence you see property decrease birthrates around the world.

The problem is our GDP is 60% consumption so without more people, our economy would decline. So it's a trade-off that society needs to decide and so far we haven't had an honest conversation on this issue.

>Islam
basically Christianity from 100 years ago. Needs to go through secularization. Problem is we keep supporting extremists cuz of politics.

America refugee system is really secure. We only accept muslim families with like 5+ children that are looking for a better life in America. Very few of the muslim refugees we accept will become terrorists.

>globalization
inventible. Technology created all the jobs we have today and it will destroy jobs just as easily.

Interesting point on this subject with regards to technology. Imagine you are facebook and you develop bad social media platform. You create lots of profit. Sounds normal. But America isn't the only market, other countries are markets as well. Imagine if someone from China copies your idea and makes their own version of facebook. Then you are screwed if you ever enter that market. This is one of the reason for all the international deals. Big mega corporations have to complete globally.

>> No.5768528

>>5754357
Trying to disguise your retardation as larping uh?

>> No.5768748
File: 2.07 MB, 1074x814, babushkamobile.png [View same] [iqdb] [saucenao] [google]
5768748

>>5766955
>even the war is done better by PMCs than gov
This statement makes it abundantly clear that you're talking directly from deep inside your own anus.

>> No.5768901

>>5768249
>The Great Depression because they properly explained what was occurring in reality.

>keynesian economics good because they told me so.

>From microeconomics the key takeaway is that free market allows all types of competition from perfect competition (what conversations fixate on), to Bertrand competition, cournot competition,, oligopoly, monopoly. And the problem is very few industries in our society are perfect competition.

The logical conclusion of this kind of thinking is some form of communism. Could you please just come out and admit you're a communist.

>To illustrate. Apple sets the price for iPhones based on what will generate the max profit. Google does the same. You have no ability to negotiate the price. This applies to almost everything you purchase, including healthcare or college tuition. As a result, big corporates are able to make above perfect competition profit from the market. Where does that profit go? Well it could go to employees but they are an expense so keep their wages as low as possible. Instead those profits go to shareholders. People that hold stock.

How many times can I ask this question. Why is inequality wrong, if QUALITY of life is improving?

>This is why the income inequity has increased. Profit goes up but it's not passed onto employees, instead to shareholders.

You keep saying the same thing over and over again. Now, explain to me why inequality is wrong. Not that it exists

>> No.5768964

>>5756241
this is a business and finance board tho, just goes to show you the amount of brainlets who post on /biz/ that don't know shit about finance

>> No.5768999

>>5768964
meant for>>5757617

>> No.5769014

>>5753596
all I wanna do is to buy my own place and isolate me from the rest of the world for the rest of my life.

>> No.5769053

>>5768459
>real trans people are genetic defects.
most are just confused kids
don't believe in letting kids multilateralism their bodies with opposite sex hormones or surgery

agreed

>pro 2nd but I do see the liberal argument and we are putting our lives in danger for muh freedoms

Half agreed. You have such a small chance of dying from any gun death, if you aren't around guns. If you don't want to get shot, don't buy a gun, dont hang around sketchy people, and don't piss off cops.

hard world builds strong character -> strong character builds good world -> good world builds weak character -> weak character builds hard world.

our society is soft and people take forever to grow up. 30 is the new 20. people don't care about starting a family or raising kids (also wealth inequity makes it hard too but side issue), instead it's about satisfying vanity and spending money on expensive trips around the world. Hence you see property decrease birthrates around the world.

>The problem is our GDP is 60% consumption so without more people, our economy would decline. So it's a trade-off that society needs to decide and so far we haven't had an honest conversation on this issue.

>basically Christianity from 100 years ago. Needs to go through secularization. Problem is we keep supporting extremists cuz of politics.

America refugee system is really secure. We only accept muslim families with like 5+ children that are looking for a better life in America. Very few of the muslim refugees we accept will become terrorists.

Agreed

>inventible. Technology created all the jobs we have today and it will destroy jobs just as easily.

Yes, but the conspiracy minded part of me sees a power structure attempting to use it as a means of control. But, I'm obviously never going to convince you of that, I now see.

>> No.5769080

>>5768748
No, PMCs aren't beheld to things like the geneva convention. They basically can do whatever they want.

Do you have military experience?

>> No.5769356
File: 216 KB, 369x387, 1502686168167.png [View same] [iqdb] [saucenao] [google]
5769356

>>5753679

>> No.5769557

>>5753841
The lyrics for a dumb nigger trying really hard to get rich.

>> No.5769648

>>5753970
Now that's thinking

>> No.5769803

>>5768901
Rising inequality is bad because I haven't made it yet thanks.

Also, muh ted kacszynski

>> No.5769817

>>5753596
I caught aids from a trucker at a truckstop. I probably have 5 years to live. Why can't I have a Rolex, I am not degenerate.

>> No.5770003

>>5755087
holy shit someone need to screencap this or something. everybody needs to know this when shit gets real

>> No.5770045

>>5769803
See, this guy is honest. Even though, he's probably kidding, he probably means it on some level.

95% of people who argue for equality of outcome (as opposed to equality of opportunity (not saying we totally have that yet, but we're not too far off)) are just mad that some people have more shit. Its not even about their quality of life.

>> No.5770048

>>5754579
Because they have upper 0.001% genes.
They are:
- in the upper 1% by iq
- in the upper 1% by energy

They don't have to look great, but significant genetic problems generally have a deleterious effect on both iq and energy, so they look 'ok'. People that are actually ugly are most likely also stupid. Go to a supermarket in a poor area. Everyone is likely to be ugly as fuck.

Obviously there are exceptions.

>> No.5770107

>>5770048
The reason some people look better than others to us is because they most likely have better genes. Better genes usually mean higher IQ, more energy.

In short, I completely agree.

>> No.5770203

>>5755087
>As the trillions start to pour into the crypto space in the coming years you're going to find average /biz/tards bags climbing from 10-500K into the 10-500MM range

Dude total wealth in the world is estimated at $256 trillion by Credit Suisse. $10k->$10M is a 1000x rise which means total crypto market cap of $600 trillion, that's impossible.

Also you're using k and MM at the same time. You either use k and M or M and MM, it doesn't make sense otherwise.

>> No.5770736

>>5754744
probably replaced another habit with drinking cola
maybe smoking or drinking or something like that

>> No.5771116

>>5762387
This, I'm hoping to make a couple mil out of this if I'm lucky but I won't be using it like some nigger-rich retard and be back in the poor house again. I'll be reinvesting most of that money into myself or some rental properties for steady income. The rest for savings and buying a few things I've wanted but are not stupidly expensive.

>> No.5771482

>>5753596
They're the same emotional pajeets who buys and sells the moment any coin goes up or down, x goes down 1% BUYBUYBUY, y goes up 1% SELL SELL SELL, bitcoin is going up put everything into bitcoin BITCOIN IS GOING DOWN ABORT ABORT

just fucking hold decent tech and anyone who doesn't do that are subhumans who act through emotions

>> No.5771536

>>5753970
Anon avoid real estate for the foreseeable future, if you live in US. The housing market has all the same characteristics from the last bubble. Its bound to at the very least partly collapse within the next couple years again.

If you dont believe me go double check what caused the first collapse and look at where things are today. Its exactly the same pattern, even worse in some areas.

With that said. I plan on buying some condos here in vegas and converting them into full time Airbnb homes, turning the liability into an asset and nearly full time passive income producer.

>> No.5771639

>>5754298
shut the fuck up faggot

>> No.5771737

>>5761408
Yeah live in your cattle cage and eat the slop you good goy.

>> No.5772166
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5772166

>>5760277
>Wheezing = sneezing

holy shit my sides

>> No.5772429

>>5771536
Nice, this is similar to what I want to do as well, find good areas with sizeable traffic or good tourism and rent.

>> No.5772662

>>5768901
>The logical conclusion of this kind of thinking is some form of communism. Could you please just come out and admit you're a communist.

No. Communism is when the state seizes the means of production. I'm not in favor of that. But a pure free market system leads to massive inequity which triggers a French revolution so that type of society is not stable. I don't like middle ground fallacy but it applies in this situation where you want capitalism with govt intervention to fix some of the inequity.

>Why is inequality wrong, if QUALITY of life is improving?

Define quality of life? Yes technology is getting cheaper but HEALTHCARE (you know actual life) is getting more expensive, so is housing and college.

>explain to me why inequality is wrong.
too much inequality = pitchforks. French Revolution.

>Half agreed. You have such a small chance of dying from any gun death, if you aren't around guns. If you don't want to get shot, don't buy a gun, dont hang around sketchy people, and don't piss off cops.

If we banned all guns and did Australia style confiscation then the chance that you would get shot at a concert would drop. That is a fact. We are increasing the % that we could die from a mass shooting by allowing guns to exist. The argument is so that our govt. can't get totalitarian. Judging by Catalonia, I am in agreement with the 2nd to defend freedoms.

>Yes, but the conspiracy minded part of me sees a power structure attempting to use it as a means of control.

People in power have always tried to control people.

>grand grand grand parents 1000 years ago
>live as shitty peasants in rural village
>farm to stay alive
>pay taxes to empire
>new empire takes over land
>pay taxes to new empire

People have never been "free." That'll never change.