How do you make the most out of your salary?
>>522055109Where's the gold?
>>522055109Buy gold and silver.
>>522055109i don't know who any of these faggots are except the queen
>>522055170Nowhere. The whole point of this thread is to come up with ideas on what to do with cash.
>>522055773Buy gold and silver, classic cars, real estate, jewelry, sp500 index funds, etcOne of my big regrets was not getting a nice car before prices spiked. When i graduated high school you could buy Ferrari testerossas in good shape for 30,000 Canadian in good shape.
>>522055924When i graduated high school in 2005 testerossa’s were still considered one of the ugliest Ferraris ever made and nobody wanted them. Asking price at the time was 30k and you could have probably gotten one cheaperWish i had desu.
>>522055924Cars become junk after you've exceed their lifetime in terms of mileage. You kinda need then a second car for every day displacements.>sp500I dunno, I feel like stocks are primarily there to let OG stockholders pull out. Still better than sitting on cash I guess.
>>522056145The USD reserve currency system has an agreement that the world uses USD and gets easy gains on American stocks since US prints money and the world uses that money and it flows back into the American stock market. That’s my understanding at least.
>>522055109Buy things that will save you money on manjewfactured/processed shit. Eg an instant pot for basic fermented foods, high quality blender or immersion blender for making your own mayonaisse from eggs, a top notch food mixer for making your own butter from milk which in turn can be used for cooking instead of oil. I quite literally save thousands a year making a lot of things from scratch and my health has improved as a bonus.
>>522055924Not sure what Canadian law is, but if you're going to buy gold at least here you're far better off getting it in the form of gold sovereigns as it's classed as currency you don't get hit with capital gains tax.
>>522055109Fiat is shit.
>>522055109Learn double-entry accounting.That forces you to track every dollar you earn and spend. You can then work out how much you can save and what you want to do with the savings.You can also estimate based on your cash flow how much you can borrow, which is useful in case you need to borrow money for some reason.The best way to make the most out of your salary is by looking at how much your salary can buy and plan your spending accordingly.Whether you prefer to consume or save/invest is entirely up to you, but knowing where your money goes to let's you work out where you can save and where you can spend.
>>522056028It looks tacky
>>522055109>How do you make the most out of your salary?Taxes
>>522055773Honestly, items you can use. I bought tools, a trailer, some animals. Faggots want 9300 for a furnance and ductwork. I'm just gonna rock the wood burner and probably spend 400$ for wood this winter.
>>522056266What happens when this agreement goes belly up? And is this a likely scenario?
>>522056365So you don't pay any tax when you sell it at a profit?
>>522056410This sounds more like an optimization advice
>>522056421I think they’re cool
>>522056717I also own gold so i dont care if the USD system fails and i think it will and i think the US empire is falling apart as we speak. I dont think the USD system is going to last that long.
>>522055718im canadien i dont either, aside from macdonald. were so woke here they removed the guy who founded canada in 1867
>>522056861It's alright. Looks better than a civic, I think.
On a related note, when is the best time to buy government bonds? And are they a safe choice for non-degenerate gamblers such as myself?
>>522055718Imagine having a girl on your money.
>>522057112Why buy bonds?
>>522055109what a soulless currency lmao
>>522055109nice jew confetti
>>522056717>this agreement goes belly upThat is only possible when it becomes increasingly difficult for the US to dump its debt onto the rest of the world for some reason.At that point the US will likely threaten a nuclear war, as that poses an existential threat to the nation...
>>522057554Can’t they just force japan to buy 0 interest 100 year treasury bonds?
>>522056780Exactly. Gold Britannias and any other Royal Mint coins minted after 1837 can be sold for any profit without CGT.
>>522056861i think it's cool looking too, very 1980's. I probably had a poster of one in elementary school
>>522058127Commonwealth state coins are g2g, .9999 gold, not cut like a lot of the other ones
>>522057112Bonds are for old people. If you're young throw your money in SPY and contribute monthly to it since that you're only way out of the rat race
>>522058408There’s no scenario where i see bonds as a good deal
>>522055109burn it for warmth. polymer bills burn hotter than paper ones.
>>522056813I get the most out of my salary by investment using dollar cost averging. I can only do this by keeping track of my cash flow.If by getting most out your salary you mean squeezing as much value out of it both short and long term, maximizing your return on investment is just one aspect of it. You shouldn't compromise your quality of life for the sake of getting as much out of your investments. It takes time for your investments to grow, and keeping track of your cash flow allows you to work out a strategy to maintain an acceptable quality of life while making investments.
>>522056384remember, a strong NATIONAL currency HAS MANY FORMS, never just one (fiat paper, metal, digital, check, money order, smart contracts, NFTs…)if one wants real change and a strong national currency, there must be multiple forms of a currency, not just one 'savior' form, as is being proposed now with tokenized debt-backed stablecoins'fiat' isn't the problemWHO IS ISSUING the 'fiat' IS THE PROBLEM and that the Fed's private fiat IS INTEREST-BEARING is the fucking problemFIAT, CREDIT-BASED INTEREST-FREE US NOTES ISSUED BY THE US TREASURY WORK FOR THE PEOPLE AND ARE INTENDED TO BE AN INTEREST-FREE TOOL TO FACILITATE COMMERCEFIAT, DEBT-BASED, USURIOUS, INTEREST-BEARING FEDERAL RESERVE NOTES ARE FUCKING BORROWED FROM THE PRIVATELY-INCORPORATED NY FEDERAL RESERVE FRANCHISE AND ONLY ENRICH THE NYFED’S PRIMARY DEALERS AND THEIR CRONY/POLITICAL ILK AND ENSLAVE THE POPULATION IN BOND DEBT Fiat is given value BY A NATION'S CITIZENS.If the nation's treasury is the one issuing it, fiat is not a problem.
>>522055109Buy irons and lead.When I lived in Canada every paycheque I got would be partially spent on ammunition. At least a box or two every pay period. When certain things like .303 British came in stock I would buy lots of it.Any old stock Canadians should be forewarned that the country cannot last. One of my best friends who lives on an island in the Georgia strait near Victoria is planning to turn to piracy if things get bad. To put it bluntly if you have a fucking pump action 12 gauge and a dozen boxes of shells you will be in a better position than 3/4 of the Canadian public, if you have an SKS with a chest rig, sling, taped on flashlight & 1500 rounds with at least 30 stripper clips you will be in a better position than 90% of the Canadian public.T. Sask lad in exile
>>522055170Plenty of gold in Canada, just not in any government reserve. Still some found in rivers like the Thompson, Fraser, North Saskatchewan, Mackenzie, Similkameen & Leech.
>>522055109>How do you make the most out of your salary?buy a ticket to USA and never come back
>>522055718Guy on the 50, famed occultist who would base policy decisions off of his seances.Guy on the ten, alcoholic Scotsman who made a country, vomited during a debate, retorted with the line “just another liberal turning my stomach” or something to that effect and winGuy on the five? A fucking French fag, one of the many French Canadian PM’s who made it his goal to fuck over Western Canada(by not letting the province of Buffalo form) and siphoning resources and money into Quebec.
>>522056988True, they got rid of many of his statues, that would be like statues of George Washington being taken down or statues of Otto Von Bismarck being taken down.
>>522055109the purveyors of the mint have their gate adorned by gods weilding Kheti, who is maat against the enemies of osiris.those who know how to use the words of power in opposition to this serpent shall be as one who doth not enter upon his fiery path.contribute to the great work, conspire to uplift the human spirit?
>>522055653>>522055924buying boomer metals doesn't make food any cheaper, retard
>>522059549Won not win. My apologies. Pic related happened during his tenure as PM.
>>522058956>the Fed's private fiat IS INTEREST-BEARING is the fucking problemkek pic fucking definitely related lol
>>522059743What does buying metals have to do with food prices? And what do metals have to do with elderly people?
>>522059761>>the Fed's private fiat IS INTEREST-BEARINGadd the top row
>>522059743No, but when things get real shitty, having a piece of steel can make it really easy to relinquish the precious metal and food that others might be temporarily holding on to.
<<--lol>>522059797
>>522059797Many elderly people have them? I inherited a bunch of silver and a bit of gold from my great uncle who didn’t have any kids and spent his life working for the CPR. Also left me a few books which was nice.
>>522059832Everyone on 4chan larping as a robber has never robbed one person in their life. https://m.youtube.com/watch?v=9rEB7KzHVYY&pp=ygUKRGlnZ2Egc3RmdQ%3D%3D
>>522057821They can, but that will likely involve threat of a nuclear strike.
>>522059920>4chan larping as a robberlol
>>522059927If i were the pentagon I’d say to japan and Korea “take in 30 million Africans and buy billions of dollars in 100 or 250 year zero interest treasury bonds or we regime change you and carpet bomb your cities”
rip off indiansthey are gullible and stupid and think white people like themi just got some indian kid online to send me 1000 bucks for his computer programming "union membership"i sent him a little card he can print out it says "union man" on it
>>522055109Steal most of what you would buy instead of paying for it
>>522055109The buildings look like poop passing through the lower intestine
>>522060491If you destroy your homeland’s retail sector, you win.
>>522055109You make 85 dollars a year? That’s not enough leaf bro :(
>>522055109Did a jeet design your worthless paper? Fuckin ugly.
Man you can't even start making serious money without paying 50% income tax, I don't think i make too too much but I think im paying 43% and that's before you buy anything
>>522055109Best thing anyone ITT can do is open a margin account with a reputable broker. A reputable broker does not have a balance minimum for the account to exist or any periodic fees.You MUST find a way to pay yourself a fixed % of your gross income as if you were paying the IRS to stay out of the clink. This % must go into the margin account and must go to buying SPY and/or QQQ when no better trade or investment idea is had. Americans' inflation rate has been 6-7% for a couple decades, implying a wealth half-life for money of just over a decade. Nobody's fucking salary was doubling every decade, or more, while doing the same jobs. Bologna! You cannot get rich by saving and cost cutting. You can only get seed money saved by cost cutting. You must move the seed money into assets that you then don't touch. Not even to stave off homelessness do you touch these assets. This is a game, and the balance is your score, and losers withdraw lowering their score and so guarantee they'll never win.You have to build cash-flow producing infrastructure for yourself so that you can enjoy the optionality of your time.Get off dopamine drips, stay out of content troughs. They are wasting your time and rendering you poorer. Clean your financial room, wash your financial penis, etc, etc.
>>522063297shalom
>>522063418Shalom.
>>522063297rational actors utilize backwards induction to find the optimal strategy in turned based games.In observing fractional reserves at interest, the final destiny of money plots a hockey stick graph straight to the printers of the funds. You win the game of musical chairs this time, but your not part of the club, meanwhile you wasted your youth habituating yourself to a tropical lifestyle when you couldn've hardened and prepared yourself for the fate that berests every individual by the time its over.quality of food is getting worse, same with quality controls of products and the proliferation of illegal substances as adulterants into new markets. As Hugulu said to the sultan of baghdadif you cant eat it, what did you hoard it for ?
>>522062702Indian people are smarter and better than you worthless Italians
>>522055109Our money is silly!
>>522055924>hey goy how about you pay twice the value of this gold because i hammered into a gaudy necklace you can show off so niggers want to rob you
>>522063942no it isnt
kek