Why does it upset midwits so much? Yes you're gonna have to save/scrimp to build capital, instead of bitching about it live within your means.
>>62378074I have 300k and I'm going into business with a rich guy I know to buy a warehouse in a hip area and making a bar/small venue. I'm gonna get a million dollar loan and a he already has a million. I figure his family would never let it fail and cover any unexpected costs
>>62378074Because they're losers. $2.5MM is passively worth more than some $100k wagie. Real question is why the fuck they don't have $2.5MM, because any basic $100k wagie can get there through basic moves.
>>62378074There is very little runway left. Everything is irrevocably fucked. All these people in dollar denominated financial assets are going to get rugged so hard sooner or later. There is no way that I would throw that much money into an index fund in the year of our Lord 2026. Once you make it you have to protect it especially now.This is why chainlink holders who are pissed they haven’t made it yet are gonna be counting their blessings soon enough. Because if they had made it back in 2020 and cashed out to do the index fund thing… they would end up losing it all. Instead they are forced to stay in Link until the new financial system sprouts up from Link enabling them to be on the ground floor of the new economy with their staking rewards and not have to worry about what’s about to happen now on the economy for another 1,000 years since this is the dawn of the new financial paradigm.
>>62378244This is peak delusion.I choose to believe it.
>>62378114What kind of moves? I make just under $100k and that’s not counting deductions and tipping the jew, expenses for dependents, etc. I would love to know what I can invest in with whatever left overs I have to break into 7 figures
We are literally living life in free roaming mode, can’t even feel any stress surround, wondering why people are acting like headless chicken running all day in and out lmao
>>62378244Sounds like your religion is Link instead of making money. That's cool, but don't delude yourself into thinking your chosen alt coin is anything other than a shitty Ponzi scheme coin and one without the Plunge Protection Team behind it.
>>62378074And what happens when it crashes? The next crash will be worse than 2008.
>>62378637They'll continue living off the dividends and just hold dumb Bobo. And they likely have 100, 000-200k in bonds or their high yield savings account or somewhere else to buy the dip negating it.
And how do you acquire a 2.5MM? w-work?The whole point of the second someone is to acquire millions of dollars so to work less but its obviously a rat race that none wins due to cost of living
The very fact this is true tells me we are heading for a biblical crash
What's the problem? That's how percentages work.4% of not very much is nothing4% of something is a not very much4% of a lot is something
>>62378074it's people like this guy that loses everything in a real market crash and blows their brains out.
>>62378821You don't have to get starbucks and avocado toast every morning though. You did this to yourself.
>>62378244Nigger we are in the end times read Revelations. We got 15 years left tops. I just hope it goes up enough to secure food.
>>62378074how do I get 2.5 million dollars?
>>62378114Super false >>62379243Ok boomer
> Yes you're gonna have to save/scrimp to build capitalAnd how exactly would the average person be able to do that, especially with cost of living being as absurdly high as it is now?> just get a high salary broAND where are those jobs these days? Oh that's right, they're all going to nepotism babies, women and non-whites. And those six-fig jobs are EXTREMELY few and far in between now too. This isn't 2021 anymore you cornball.
>>62379114The problem is the average person struggles with basic multiplication
>>62378074You need a 3 digit IQ to comprehend compound interest. That rules out something like 65% of the planet.
>>62378102Bro. Just don't. Your rich (((friend))) is going to fuck you and leave you holding the bag. Bars are the least successful small business ventures. Followed closely by restaurants.
>>62381418im an average person and I did it by driving an old car, roommates, and a good job but maybe if you keep crying your life will get better
>>62378074I mean it is such a pointless argument. My salary, despite being average in my country, is a literal fortune to even poorer countries around the world. What's the point of lamenting over this fact? Life ain't fair.
>>62378771This is true. I have less than $2,000 but get $16 in dividends a year. If I had 2.5 million I would be 20 thousand a year.
>>62378102There are so many better ways than investing in a bar/resteraunt. Ventures into bars and resteraunts will make you wanna kill yourself every day. Way too many variables. You are one viral bad google review away from bankruptcy. Your employees will quit without warning. Too many variables.
>>62378114>basic $100k wagiebait used to be believable
>>62378074>Yes you're gonna have to save/scrimp to build capitalwhat the fuck are you talking about, you dumb nigger? save from what? people can't afford to live day by day and your retarded ass is like "save"
>>62378074Hey thanks to posts like these that other people make I get accused and people respond to statements I didn't make. They went so far as to try to call me an educated midwife. There's already a war between the literate and intellectuals versus the illiterate and non intellectual.People these days all immediately assume I think I'm better than people that aren't literate or think people who don't have degrees or don't go to college.And it's crazy to see how bad I get stalked on fucking real time, because of what other people post.
>>62378114I'd be happy to get minimum wage. I can't get a job even with a master's and don't see that changing even if I were to get a doctorate. I was literally gangstalked and trolled in real time by YouTube and one of the schools I applied to letting me know they're imposing new loan limits to further limit graduate students. And again punish the educated in favor of giving more funding to everyone else. Punishing graduate students because anyone with ai can speed run a degree, is not the answer...
>>62378338>What kind of moves?the running man
>>62378102Don't do it. There are duties shareholders are required to comply with and one of them is effectively a requirement that you be able to present serious capital on short notice. If you can't do it the other shareholders can kick you out of the arrangement and keep your investment for themselves
>>62378472Everything ain't a scam or a ponzi scheme.
Viewpoint214.comIt's scam proof and risk free and a guaranteed investment. But everyone gets bribed not to use it
>>62381788Trolling about how much it would cost to make that much off of spacex
>>62382309Ultimate troll perfect.
>>62378244Keked and saved
>>62378244yea i would ather have 2.5 million now then me stupid fucking 25k link in the futurewhat if i told you no one is actually going to make it
I'm 24 and have inherited ~$1.6 million. Can I retire bros? I plan to live with my family.
>>62378114>because any basic $100k wagie can get there through basic movesAssuming 10% ROI (S&P average), and you do ~60K a year in investment. Then it will take you ~17 years to get to 2.5 M.Run nigger, Run!!
>>62382469Worth mentioning, that the majority of those money will be ROI.. So you grinding away, and putting your hard earned money in a shoebox, it will take you +40 year, putting $5K aside every month...Which begs the question, what if you could beat the S&P, what if you could do 20% annual ROI ?, 30%?.. Welcome to /Biz/ asshole, that's it, that's the point of this.
>>62381589You didn't even answer the main question dimwit. I'll say it one more time; WHERE are the (non-fake) jobs? Especially the ones that pay just enough for you to save some every month to put into an index fund?
>>62381589>and I did itno you didn't
>>62378074If you weren't part of the top 10% in 2025, you're lower class
>>62378074this isnt conducive to a healthy economythe money from dividends is taken from the profits of the company which is surplus value created by labourwages havent risen meaningfully in 30 years meaning almost everyone that earns money by working is essentially having their wages garnished to pay dividends and pump stock prices.
>>62383081Typical Commie fag.How do you think most people get $2.5 million? For most people, you have to provide economic value, consume less economic value than you produce, and save the surplus, meaning some individual or business gets to consume your economic surplus in the present in exchange for a return on the surplus or an ownership stake in a business. Then you repeat this process for 15-20 years. $2.5 million is 20 years of economic labour condensed into a single number, which you are either lending out or taking an ownership stake in a company. Wagies working today look at the "easy" money and discount the 15-20 years of grinding you have to do to get there.And before you talk bitch about inheritance, that too is fair game. It's basically your parents who did the grinding and are now giving you advantages because they cannot enjoy their wealth forever since they die, but that it is their prerogative to do as they wish with THEIR private property. Most people just get pissy because their parents sucked or couldn't think in generational terms.The main problem is the monetary system where you have central planners who step in and save the system, which allows the debt Ponzi to not deflate. This problem is the main culprit of the issues in society—not Capitalism and private ownership of property.The unquenchable envy of Marxists knows no bounds.
>>62378074yep, up ~5% today, so +$100kit's a bit scary because it goes both ways
Kill killkill a rich fuckRape rapel rape a rich bitchHail Lenin Hail Communism
>>62385965>How do you think most people get $2.5 million?Getting lucky gambling or getting it in a silver spoonyou're deluded if you think most people bootstrap their way to that
>>62378102300k into the s&p500/global + dca from a day job instead will result in the same outcome you're hoping for with a lot less headache
>>62378637after the 1929 crash it took like 60 years for another crash to happen. It does not happen as frequently as you think
>>62387410Have you tried google before making a fool out of yourself? Not to mention that just in very recent memory, we have 2000, 2008, 2015-2016 "shadow" crash, and 2020.
>>62378074Your $100k portfolio is passively doing the same work as someone who sells their life away for a $4k a year salary.
Who even has a 2.5M port? Hardmode no zestymates
>>62387484like 99% of the world will never have so excessive income that they can set aside 100k
>>62378244>All these people in dollar denominated financial assets are going to get rugged so hard sooner or laterYes>until the new financial system sprouts up from LinkOh wait no, you're retarded
I live in commie housing in Vienna and get by with a bit over €2200 a month. 15% of that is cafe lattes.I worked for a silicon valley company for 10 year but I quit last year and I feel like I can cruise now for at least 3 years.If you don't have kids and state funded housing, I feel 300k in ETFs will do for a while.
>>62386026
>>62378074Midwits don't understand how the modern economy works (central banking, printing, borrowing, debt) and how this pumps assets. They think they should be able to get ahead by wageslaving and putting cash in a bank account. They would rather seethe with impotent rage than actually learn how fake and gay their precious economy is.
>>62388227Your blood on my scissors btw
>>62378074>Just have $2.5M broI can't get $250 to stay in my account long enough
>>62378244>All these people in dollar denominated financial assets are going to get rugged so hard sooner or later. There is no way that I would throw that much money into an index fund in the year of our Lord 2026.This is pure retardation. Example: Amazon sells all sorts of shit and webservices. If the dollar hyperinflates, the value of a share of Amazon inflates with it. If value of the dollar collapses, beyond the economic turmoil, it doesn't totally destroy the value of Amazon. It just starts trading in another currency, charging customers another currency. It's still worth what a company that sells all kinds of slop to a billion people sells. Really an index fund is a pretty darn good way to deal with inflation while still expecting decent growth.
>>62378102>I figure his family would never let it fail and cover any unexpected costs>Im the one putting skin in the game and applying for a small loan of a million dollars btw
>>62378102Invest in my startup instead. Like others have said, it really sounds like you're getting scammed right now. Something like a bar doesn't have great margins, like 15% net at most. Your friend is richer than you and his parents can bail him out if this doesn't work out, so he should be taking out the loan and not you. The fact he made you take out the loan is super sketchy on its own.
>>62378244>This is why chainlink holderskek. hahahahahahahaHAHAHAHAI stopped reading here.
>>62378913> muh biblical crashbeen hearing this since 2010, still waiting
>>62382308> master's degree and can't find minimum wage workskill issue, not a system issue. maybe try applying to places that don't check your linkedin.
>>62378074Because usery doesn't create value. Arguably it extracts it via wealth consolidation.
>>62389013What skill does it take that you genuinely believe I lack without knowing me, that would make you think I'm not able to substitute teach?
>>62388423What makes your startup better than any other startup currently on the market???
>>62389074Other companies spend 7 months and $200k testing 20-30 drug targets in animal models. 1-3 of them pass validation sometimes. If none do, they have to restart the whole process. The platform we developed allows "pretesting" a panel of ~250-500 targets in 1 month on a budget of $5k (we had previously optimized the same method to ~350 every 2 days but we need to rebuild that part), so only promising targets proceed. This means huge cost reduction and success rate improvements compared to current methods. As we develop the platform, we should be able to skip animal models and go straight to potency for a further speed multiplier and cost divider.Currently we're working with partners to validate on the bio side (the computational validation is already there), but it's going very slowly due to lack of funding. With funding we'd have the results out in 3 months, and be able to scale to 10 clients within a year, which will trigger a raise for seed.
>>62388988 This time is different cause of the massive wealth gap and lack of mobility for the bottom 80-90%. This wealth gap keeps growing too and literally daily
>>62389016Why should someone lend you money for free?
>>62389174OPs post wasn't about lending. Collect a limited flat fee and cease the Jewish tricks.
I dont feel sorry for 9 to 5er's or 7 to 4ers. Learn how to fucking trade. Damn. Free yourself
>>62378074Because most people regardless of their IQs are a bunch of whiny, bitchy, lazy, emotional douchebags, that sacrifice long-term success and financial security for short-term pleasure and clout among their peers.That's it. It's that simple.
>>62389320Apparently, the latest economic data shows consumer savings have decreased and there has been no wage growth since 2020, but their spending hasn’t stopped. I am not sure if this includes the upper arm of the K though.
>>62389109How much do you need? What's the minimum investment you're willing to take?
>>62382469>~60K a year in investment.As a $100k wagie, I only get about $65k after taxes. I would need to live for free and get free food.
That's a funny idea, smart enough to have a 2.5m portfolio but too stupid to get more than 4% a year out of it. Guess he's only talking to people with inheritances or maybe influencers.
>>623896084% is ultra safe. Rich people literally have millions doing this lol. Only poors are obsessed with chasing max yield.
>>62389610Yeah my bad you're right rich people chase 4% returns so they can FIRE lol lmaoWhat a fucking retard
>>62389618What?I am saying rich people have millions earning this 4% or similar yield. The pic op probably has other portfolis.
