is (((compounding))) the way to beat the jew at his own game /pol/?
>>535920902You found your yearly average now you need investments that pay yearly dividends to cover that, once you're situated then you have fuck you money, clients being pissy? Fuck you, boss acting up? Fuck you. I wish one day to get to this level.
>>535920902""Investments"" lol monopoly money
No. There is a point where exponential growth becomes unsustainable.But this guy's problem is that he's working some job that requires his time, "clients", that he likely really hates but sucks it up because it pays very well. But it's actually not that impressive if you think about it.His investments are probably shit like stocks. Which are better than just holding cash that is being devalued obviously but if you want to retire and not feel pressured to work, you need to look at cash flow. So he should be trying actually build a business that he can grow for the next 5 years. That either becomes self sustaining or he can just focus on growing it as fast as he can to sell it off. That can make you more money than you ever could in decades at a well paid job.The consulting shit might pay well but it's a culture of long hours and being a slave for the client. And there are only so many hours in the day you can earn.
>>535920902yeah fucking duuuhh you have to be fucking retarded waging with 2 mill net worth
>>535920902What happens when voting doesn't work?
>>535920902>cook for my parents and garden for the rest of my lifeHe "inherited" his house and thinks he has a trust fund probably because his dad got drunk one night and showed him how much in savings and investments the old man has. I'd bet a donut that 35 year old doesn't have some excellent income, hasn't sold some miracle software in his 20s and just wants to unplug. I think he's expecting the fruits of his parents (likely boomers with pensions and social security) and is looking for validation from reddit to become a NEET before his parents die.
Go boomer mode and buy some rental properties.
>>535921354>just start a business, you'll never work againLol, lmao
>>535920902>come up with a way to get out of the rat race>too many people do it>they just close that loopholeIt's a never ending cat and mouse game where nobody really wants to contribute to society. Funny.
>>535920902>his net worth is his housengmi
>>535921492Those "fruits" were given by the jews to the boomer as they were subverting the nation, the midwit boomer non the wiser yet thinks hes some God's gift to society that will collapse without his midwit thoughts, its the least the simp boomer can do for his son after he sold out to the jews.
>>535921664I would sell everything, put everything into a simple ETF and live in a car for 5 years, just that and you are set
How do you guys get that much money? I only have 26 dollars in my bank account.
I am going to give something to Chinese, they know how to eat shit and make money, western "whites” are too spoiledthe Chinese here in Costa Rica get dirty rich by forgoing the comforts and bullshit every native cant let go
The problem is that the whole economy is a ponzi and just when you think you make it they will rug everything, then we will enter great depression and the next world war, after which the game restarts.
it is but not everyone is willing to live somewhat frugally while letting their money growthe push for hyperconsumism is not a coincidence but a cohencidence
>>535920902>tfw 36>no wife>no kids>my rent is $90 a month because I'm on government assisted living for lifeGotta be honest bros, I tried. I'm basically a failed normie. I got a degree, I put in the work, but I was very, VERY quickly ostracized for being a straight white male in a very DEI-heavy and women-in-power fieldnow I just cook food and play vidya
>>535922403nice. what field was it
>>535922198>just when you think you make it they will rug everythingthat's my greatest fear. the jew will make every goy dependent on the market and then crash everything (basically pic related but with capitalism instead of communism)
>>535920902I’d say he was in consulting or investment banking but the housing costs would put him above $25k a year easily…..Idek if this guy eats or if he lives with his parents. However he said he owns a home? Something happened, probably inheritance .Making his 401k every year ~20k a year and assuming a great mix of only U.S. stock index he’d have possible 900k to 1.1 million with a good employer match….. paying off a home that quick, let’s say he got a home in 2018 his home value probably doubled…. He paid it off, probably another 20 or 30k a year…so this guy is literally a super saver…..He must have gotten out of college and gotten a job that paid near 100k a year at least in a low cost of living area and probably makes a pretty penny now. Based on clients he’s probably a salesperson of some sort. TFW 30 year old with only 400k and bought a house this year that was overpriced as fuck. (Overpaid when the identical house next door sold for $30k less) fuck real estate agents.
>>535922403you got ostracized for being autistic. If you're skilled enough that they literally cannot afford to lose you, then you can come in and do your job every day and say nothing to anyone, and they will just sit there and seethe because you're putting money in CEO goldberg's pocket and he said you can stay.
>>535922478education
>>535922521>you got ostracized for being autisticnope>If you're skilled enough that they literally cannot afford to lose youbudget cuts due to low enrollment because the Hispanic kids stopped going to school because of ICE, so instead of 3 social studies teachers, it went down to 2
>>535922527fuck that. just keep cookin and playing vidya. its a female industry by now
>>535922618will do anon, will do anonright now I've got a cheddar broccoli soup simmering and later on I'm going to grill a chicken burgers with 4 different types of peppers smashed mixed in (green, red, yellow, and poblano) it sounds faggy, but believe me, it's delicious
>>535922599should have learned a skill
>>535922843>multiple means of engagement>cognitive behavioral therapy>trauma informed care>social emotional learning>Python (pandas, matplotlib) [elective class was me teaching kids how to make basic RPGs in Python]>SQL>quantitative research>visual data presentationstill got let go because of low enrollment and a snide comment that I don't resemble the study body and instead remind them of colonialism can't make this shit up
>>535922743>cheddar broccoli souptasty and fiber-pilled>chicken burgersi dont like chicken patties but dont let that stop you from enjoying
>>535921567This. Start a business and you'll never not work again.
>35>0M net worth>0.00$ net worth in fact>no house>no debt>no kids>no wife>already walked awayI'm so far ahead of this chump it's unreal. Wage cucks will read this and think it's satire. It's not.
>>535923682>$0 net worthDon't you have a gaming PC? Or at least a lenovo thinkpad?What are you typing this on?
>>535921462I have like 20 million net worth and still coupon. I don't wagie though I just live like a NEET and don't spend any money.
What if, when the AI takes all the jobs, instead of neeting, we all became hyper-productive self-employed who absolutely mog the Chinese because we were bored and it would be funny.
>>535922843Literally the only field which hasn't declined is the medical one, and it's majority fraud.
>>535924558>Literally the only field which hasn't declined is the medical one, and it's majority fraud.learn a medical skill
>>535921861Jerbs
>>535924558Robots + mass die off of boomers will make your medical job obsolete, old man
>>535924351>and still couponnothing wrong with that.that mindset is probably a big part of how you got to that net worth.rich billionaire elites like zuckerberg just drive shitty old camrys meanwhile retards just breaking in to the middle class think they need massive monthly payments on the brand new mercedes or bmw to "show off" or some stupid shit.
>>535921559Rental properties are outperformed by the stock market, in general. If you want real estate exposure, buy REIT stocks. Also rental properties are a job, not an investment. Kind of shitty job at that. Mutual funds are the best all around way to wealth, preferably index funds because they have the lowest jew fees.
>>535923682Sadly, in the US, a $0 net worth makes you above average. Most are mid 6 figures in the negative.
>>535920902He’ll “retire” now and go back to work in 1-3 years when the AI bubble bursts and his 1.9M becomes 800k in a matter of months. Except instead of earning six figures doing some gay non-essential overpaid job that’s entirely reliant on a booming K economy, he’ll be working at Starbucks because that’s the only job he’ll be able to get. At least the minimum wage is $20/hour in Seattle I guess.
>>535923682Serious question. How do you afford food and housing? You just live with your parents and they provide everything and are cool with you not working? That would never fly with my boomer parents. They kicked me out of the nest at 18 and made it clear I could never come back. I think it’s an American boomer mindset thing, they think everyone has to make their own way at 18 regardless of the circumstances. Mine even told me they would let me become homeless before moving back home, because “tough love” or some shit. And I was a good kid too, good grades no trouble.
>>535925122if you have $800k why would you go work at Starbucks?You could retire easily and live comfortably with $800k, but the problem is you guys want expensive stuff.
>>535925438Gotta fill your time with something and drugs are expensive if you can find them. Thats why im gonna be a mushroom farmer.
>>535920902HURRR I WANT OUT WHILE EVERYON ELSE NEEDS TO WORK TO KEEP MY LIFE AFLOATfuck outta here
>>535925643eh I'm happy just praising Christ, hiking through the woods, spending time with my family, and making music. I'm blessed with having a very inexpensive lifestyle.
>>535921192Were all gonna make it one way or another
>>535921489Ask North Korea
>>535922198you sound so fucking dumb
>>535924351Can I have some money? I need to buy a drivers license test to allow my volunteer work for old people. Its the only socialising I get and people I talk to are the oldies without them ill probably rope
>>535926010Right now?
The power of compounding assumes perpetual steady compounding, which is a pipe dream.
>reddit screenshoot
>>535923682i can smell this nigga through the phone
>>535925438Because he’s probably living in a blue state which tax the shit out of you and 800k isn’t going to last long in those places. Every blue state is going to have a capital gains tax in the next couple years.He could probably make it if he moved to a super low tax red state. Selling a house in a recession is tough though.
>>535926058Don’t worry about it, just donate to a charity or something I need to overcome this myself. God bless and congratulations on your wealth.
>>535926403*capital gains tax on unrealized gains
>>535923243>and a snide comment that I don't resemble the study body and instead remind them of colonialismIf there's some record of that, you can sue them for discrimination...
>>535921492If his boomer parents were smart enough to have amassed that kind of a nest egg, they're probably also smart enough to have been regularly transferring money to him to avoid inheritance taxes, and also, for him, income taxes (gifts are untaxed), and also for the sake of medicaid planning.My parents have been doing this for me for over a decade and now I'm a millionaire.Sucks for anons with broke boomer (or Xer) parents.
>>535924351Based>>535926010Cringe
>>535922743Sounds so yummy anon Howd you get government assistance to $90 a month?
im gonna go ahead and assume this "FIRE" thing people keep spamming about lately is a psyop
>>535926631>reminding them of a colonialism they never experienced in their lives.He reminds them of a propaganda fairy tale. Colonialism was the golden age of damn near every country that experienced it. Hell Canada is still little more than a British colony and they are doing alright.
>>535920902JUST DONT BUY ANYTHING LOLIT REALLY SUCKS CUZ THEY WILL LAWFARE YOUI GOT PUT IN JAIL FOR RETURNING A 3080 PC AND CANCELING MY HULU LOLLIKE THESE KIKES ARE SO FUCKING JEWISH ITS NOT EVEN FUNNYJEWS ARE RAT FUCK GARBAGE ITS LITERALLY ALL OF THEMTHE EL-ITES OF THE "GOD" OF THE BIBLEEL THE CHILD RAPING RAT FUCK NIGGER
>>535928587Nah it is a thing. The problem is early retirement is not great for your health or psychology. A person needs something productive to do with their time. Purpose.
>>535921192I would guess at 1.3 million this person is easily there for dividend income. But it all depends on how much of that is tied into retirement accounts versus free and clear. My guess is that at least half of that is untouchable until retirement age.
>>535921567No shit. Like anyone can do it and it won't bleed his investments dry. I started my business 20 years ago and worked at least 80 weeks for the first ten. Finally after I hit about 40 employees did I have room to push most of the work off, but I now have to deal with childish adult bullshit.
>>535928414>gifts are untaxedNot true. The most efficient way to transfer wealth to your children if you are worth less than $10 million is to just die and will your assets to them. They get to reset the capital gains basis of all the assets to whatever they are worth at your death. It is a huge tax avoidance scam. If you try to transfer the assets while still alive, the embedded capital gains taxes remain.
