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hey /biz/ i'm 24 and just started my first real job. i have basically nothing saved up yet and i've been looking into what the german state pension will actually pay out when i'm old and honestly it looks pretty grim. what would you guys do? i want to start building something now so i'm not completely fucked when i'm 65 or whatever. is the classic etf world portfolio thing actually the way to go or what?
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>>62188434
look at mr responsible over here, gamble on nigger butt inu coins like the rest of us champ.
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>>62188434
Do you have a nepotist job where you don't actually work? If so, put it into widely spread assets. If not, you can not expect to have work past 2040. In that case I'd recommend putting stuff into more risky but foreseeable industries like robotics and biotech suppliers (not the drug gamble startups). Try emigrating to Switzerland, where the government is less violent. In any case, you will have to live very frugally, I'm talking single room, old beater car, buying everything second hand. Decent food though, mold-free living and no shared toilet, disease compounds badly.
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>>62188434
>>62188467
One more thing: If you actually do productive private office work, you won't have a job past 2028. So I'd recommend starting something on the side right now that works until they send the robots to hunt your wealth. Burn your soul and get into politics, or become a consultant for homosexual refugees, or install climate bullshit in owner homes or something.
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move to a country without long term capital gains taxes imo. You can escape taxes on gold and crypto if all you do is hold 12 months but everything else gets taxed. Etf gains get taxed. Dividends get taxed, Etfs that reinvest dividends have a built in tax. You're a tax cuck in Germany. Can't even change up your portfolio without getting taxed.
You have Switzerland (basically no tax) and Luxembourg (no tax if holding for 6 months) as neighbours dude. Fuck Germany
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>>62188434
if you start digging now, maybe you can make it to china before you die
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>>62188499
This
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>>62189417
The lost compound is the biggest tax. Inflation is a tax, too. Dealing with ordeal style laws and policies is a tax.
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>>62188434
Leave Germany and never return.
Step 1.
But we know you won't.
So stay and suffer.



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