is this the laziest way to get rich ?why does pol hate blackrock ?
Because parasitic alliances like Blackrock, Vanguard and Statestreet are trying to prevent you from self-actualizing.So long as they exist you will never be rich.
Jews support their international operations by moving money around, including insider trading. The stock market originated as something that gave you physical evidence that you were a shareholder, but now you just make a few clicks online and get an email. The whole thing is without merit. Its a casino
>>52032550195% of successful rich people/investors are just really good at buying and holding. Stop fucking with your money, keep putting it away, live simply, have a good savings rate (income means nothing if your spending rate is too high), and stop looking at your accounts daily. No gf/wife helps a lot because they really like to spend on the stupidest shit (vacations, coffee, etc).So the laziest way to get rich is live like a bum and cheaply and save obsessively. My uncle for instance hasn't worked a real job in 40 years, is a multimillionaire, uses coupons for food, drives a car from the 90s, has basically three changes of clothes, etc. He's good at buying and holding and frugality (almost to the point of it being a mental illness).
>>520325501Moin
Larry Fink has been using AI to pick stocks since NVIDIA was thirty cents and he didn't buy NViDIA for thirty cents that's how I know that AI is over hyped bullshit and so is Larry Fink
>>520325924What is his income? I'm pretty good with being frugal but my earnings are just bad. Idk if I will make it.
>>520325501>why does pol hate blackrock ?because of boomer WEF/NWO memes that were cool back in 2020
>>520325924What a jewish advice lol. Yes, you need to fuck with your money to get rich. If you think otherwise, enjoy your poorfag life
>>520328072And by that I mean you have to find something with VERY high returns over a short period. And once you get those few millions, yeah, you can basically quit if you want. You won't get rich with a bank deposit
>>520325572>>520325588>Everything I'm too stupid to understand is jewish kabala magic.Hard to believe you guys are all seething poors.
>>520325924Just live like a bum and have money when you are old and want to die
I got investment advice from chatgpt and dumped my load in vanguard. I've had a 9% return so far.
>>520328072>>520328160>russians giving financial advice
>>520331377>American Financial Advice:>Give it to Israel
>>520328417They should bring back burning at the stake for practicing usury.
>>520325501Compound interest.Just put money in a mutual fund that reinvests monthly.Best if started as early in life as you can.
>>520325924Your uncle is retarded. He hasn't worked in 40 years and is a multimillionaire. Okay? So when's he going to use his money before he dies?I invest and save but I also enjoy some of my money when I can.
>>520334709I had a friend like this. Huge investment / savings account but couldn't even go out for a coffee because he "didn't like spending on stuff like that". Obnoxious people.
>>520326857Stop anon youre going to make Larry cry
>>520325501>>520325924This guy gets it. Vanguard IS a guaranteed way to get rich but you need to do several things to make sure it works.>Spend less than you earn and invest the rest in low-cost, broad-based index funds like Vanguard's VTSAX>live below your means>never get into debt, even mortgages and student loans should be viewed extremely cautiously>most importantly: HOLD YOUR ASSETS FOREVER AND NEVER SELL unless you become financially independent, in which case only withdraw 4% per year to live on.Read the book "The Simple Path to Wealth" by JL Collins." He goes into more detail on this, and you will thank yourself later. Despite what 4chan NEETs say, there is a way to easily become rich, they just like to complain like crabs in a bucket. They don't want to see you succeed. Even someone who make less than the median income in the US can retire a multimillionaire due to the power of compound interest. Savings/investment rate is more important than annual income.
>>520335454>Savings>retirement>in 2025shut up
>>520327054You can make it if even if you make less than the median annual income. You just need to maintain you income and, importantly, your savings rate over the decades and hold your stocks forever. Easier said than done. It takes discipline, but it can be done.
>>520335804STFU loser fake fed fraud. nobody is listening to your bullshit exit liquidity NPC nonsense. go buy more vanguard garbage so another boomer can sell
>>520325572I'd call them syndicates, personally.
>>520335454>like crabs in a bucket. They don't want to see you succeed.>>520335770>>Savings>>retirement>>in 2025Like pottery
>>520335770Then save nothing, be poor and STFU while the rest of us try to build wealth. Don't complain when you have nothing in the future. You should be saving 15-50% or more of your income.
>>520325501>>520335454Managed funds are a fucking scam. They hardly make a profit and management fees eat up a good chunk of that. Fund managers allocate capital with the intention of being able to explain their reasoning to skittish idiot retail customers if there's a downturn as opposed to the intention of making you money. They don't really have an incentive to earn you money because they're paid regardless. If you're really that much of a pussy that you're going to cut yourself and cry during downturns, you can do something super conservative like 50/50 SPX/BTC and actually make some real money. But hey, you probably need someone else holding your hard-earned money and an obnoxious process to access and withdraw any money to keep your chimp brain from taking over and panic-selling at the first sign of a pullback. So, enjoy that 10% gain over the next 20 years.
>>520336046I never said to invest in managed funds. I agree they're scams. Index funds, which you should invest in, aren't actively managed.
>>520336046it's for boomers who bought in 1990>>520335924>>520335884OMG IM GOING TO NOT HAVE MONEY whatever will I do when I'm 65 years old!! holy fuck dude. shove a couple dollars up your asshole before they stop minting singles
>>520336108You make jackshit with most managed / index funds. So unless you already have money you will never "make it", maybe you can leave your spawn your money so they can continue, but that won't affect you.The real path to victory is grueling and no jew is going to help you get there.
>>520336463Do you even know what compound interest is?
>>520336463Dunno, I'm doing pretty well after 3 years.
>>520336895And you put over 15k pounds into that. Most poor people don't even have $100 in their bank account.
>>520336660Re-read what I wrote retard. Compound interest is meaningless when you put $100 dollars into something, lmao.
Moved everything into blended vanguard funds this year after about ten years of actively managing assets in a separate brokerage account. I just don’t have the time to focus on individual stocks and timing anymore between the job, family and kids.No, you’re not going to 2x overnight, but you faggots chasing 10x in crypto are gambling addicted faggots who don’t know shit about investing anyway.
>>520325572My only hate with the companies is that they vote for you. They basically control every mutual fund, 401k, pension, etc. They use other people's money to get what they want. When you buy a sp500 index fund you aren't going yes I want those 3 to vote and control sp500 companies. Vs like buffet/Berkshire who control an actively managed fund that routinely bus controlling share of companies and manages them.
>>520334998What's lil Larry gonna do about it? Crash anon's credit score?
>>520325501>why does pol hate black*cock?
i think it depends on the definition of "rich". for me that's always been spending your money without caring about your end balance statement.if you work an average 9-5 ($50k/y) and put money in ETFs (like VTI), you should be able to live very comfortably with some pleasures on the side.it won't fund 3 vacations a year, a sports car, and a mcmansion.it's all exponential, so you want to get in as early as possible. i've gotten $20k returns this year thus far but it took me like 8 years of investing wagecuck money to get there. you gotta have the mindset of a turtle.
>>520335454>Even someone who make less than the median income in the US can retire a multimillionaireWhat is inflation. Ask the late boomers and early gen X how retiring a millionaire is going.BONUS: Blackrock and Goldman are calling 70s index performance for the next decade. If you're not tracking your gains and moving into growth areas, you're going to get raped.
>>520337260Do you have a job or income? You can be a multimillionaire by the time you die just by working as a janitor your whole life. There's not an excuse to not have more than $100 if you have a job, especially if you live with your parents.
>>520325501NIPPON
>>520325501Go check out the Diversity and Inclusion policies of these fund managers.Doesn't really matter which. Blackrock, Vanguard, whatever.By leaving money with them you are funding the enforcement of Diversity, Equity and Inclusion within the companies which they invest.
>>520338660No one should invest in index funds and be concerned about a decade's returns. You need to be holding forever and moved selling anyway.
>>520338900*never selling anyway
>>520336183>OMG IM GOING TO NOT HAVE MONEY whatever will I do when I'm 65 years old!!Probably the same thing you're doing now. Cry and bitch about being poor and blame people born in the 1940s for your failure to participate in your own life.
>>520338660Also, invested money hedges against inflation better than just keeping that money in your bank. Even if it's not a perfect solution, it's better than the alternative, so why complain about it?
>>520338588this guy gets it.
>>520338900Yeah just pay for that lost decade forever thanks to the power of compounding interest.>>520339369>the only alternative to stocks is keeping money in a bankboomer investment cultist
>>520338700>Do you have a jobWhat do you think?>>520338660>Ask the late boomers and early gen X how retiring a millionaire is going.Gen X here. It's going pretty well. No debt, property tax + insurance about 4000 a year together, low utilities because I have solar, a well, and a $20 a month phone + internet plan. Realistically I could live off of the returns of treasury bonds if I were completely risk-averse.Tell us why (You) aren't trying to get a job so that you can start saving and investing.
>>520325501Vanguard need get pooed as well.
>>520339611>live in a trailer in the woods with well water>greatI have a job, I just have my goals set a little higher.
>>520327054Do you have any idea how much money a few million in dividends generates while growing every year?
>>520338853>Vanguard, which has $10.1tn in assets, drew criticism from progressive campaigners earlier this year when it announced that it had voted against every single environmental and social proposal on US shareholder ballots this year.>https://www.ft.com/content/f0516b4b-bdc3-4752-84f6-ee1dc9a7baff
>>520334709>hasn't worked in 40 yearsthat's the goal, he wonas soon as you "use" your money, you will need a job
>>520340312Yeah Blackrock and Vanguard were first in first out with DEI shit. It's all smaller firms and hedgies now.
>>520340312Vanguard is based. They are the only investment company that wants the average American to benefit from investing, not just the well connected and (((rich))).
>>520331377they are literally the only country that isn't up to their neck in leverage you ignorant fuck. that's why they can afford a wartime economy buildout and incentivize people to partake in it by not cratering real wages into the fucking core of the earth.>>520333821try that when real rates are -3% (they will be)
>>520336046How are you Doge coins and Pokémon cards holding up for you?
>>520341683Gamblers will never make it. Bogleheads will.
>>520342705Huuuuuuuua. Collectables are the greatest evil ever.
