Post how your family held you back from success.
>Never taught me ANYTHING about personal finance/investing/markets, etc
>Said meme shit like "You need to be a genius with a million dollars to invest!" when I told them what I learned about investing and tried to talk to them about it
>Constant nagging raised my cortistol and subsequently lowered my testosterone
I can tell by your post that your family didn't hold you back from anything. It was your own emotional weakness and allergy to hard work that has left you sitting on 4Chan posting epic bald white guy pictures and feeling sorry for yourself. It is clear you do not even see yourself as responsible for your own life and success, which is why you are attracted to a day dream of investing - let somebody else make make money for you. How can you overcome your own failings?
Congratulations OP you posted it again. Your parents clearly have no money sense, so instead of blaming them for not imparting their nonexistent knowledge on to you why don't you just better yourself you fucking loser.
t. People who never struggled growing up
You wouldn't know how it is starting many years behind everyone else because of reasons you couldn't understand.
I was malnourished and always made fun of and bullied, which made me more reclusive and lonely as a child which only made it worse.
t. Richfag born with silverspoon
You don't know how it is to have everything stacked against you. You probably got your parents to pay for your college and find you an internship/fulltime job at your Uncles firm making $80k starting.
My mother made me go back to school instead of running the business I made selling t shirts. I had the first "Smoke meth" edgy bullshit design. Someone in the same exact niche as me got bought out for $2.1mm after I left and cleared the field for them and brought on as a six figure exec.
Instead of sitting on 4chan bitching, I went out and kept trying to succeed. I make $150,000 a year as a salesperson and should clear $200,000 this year.
The first step to success is owning all of your decisions. Both successes and failures. You can sit there and blame your parents for your shortcomings and use it as an excuse or sack up and keep moving. Choice is yours, and quite frankly, nobody cares what you do but yourself, so figure it the fuck out.
But please, tell me how your parents chiding you for trying to invest after reading Bogleheads is preventing you from making it.
First of all, stop memeing. Secondly, the reason you're broke is because instead of trying to better yourself and improve your situation you sit here and complain about why your situation isn't better already. You're a whiner, not a doer. No amount of parental tutelage would have fixed your terrible work ethic and lack of entrepreneurial spirit.
I mean honestly, if people who lived through the great depression and the dust bowl could figure out how to make it, even a moron like you could probably agree that your story doesn't hold water.
>They are essentially financially illiterate, even to this day, even though my mom worked at a bank at one point
>Didn't invest throughout their lives, thought it was for rich people only, they lost hundreds of thousands to inflation plus opportunity cost, they'd be millionaires or multi-millionaires if they had invested instead of saving
>Deliberately crippled my social development (it got fixed and I have learned to socialize as an adult, but it held me back)
>Were so authoritarian that my naturally high confidence (I was a fearless kid) was shredded before I was a teenager by constant scolding and helicopter parenting, I'm still rebuilding this
>Undermined every early attempt that I have made at financial independence, from building my own credit score to teenage entrepreneurial ventures that were both legal and successful
>Undermined my mental health by dragging me into their marital fights for years and ensuring that I was isolated socially as a teenager
I understand that most of what they did was out of love and a fear of things that they didn't understand, but it was a fucked up kind of love and largely unjustified fear.
>>They are essentially financially illiterate, even to this day, even though my mom worked at a bank at one point
>>Didn't invest throughout their lives, thought it was for rich people only, they lost hundreds of thousands to inflation plus opportunity cost, they'd be millionaires or multi-millionaires if they had invested instead of saving
Kind of same.
>>Deliberately crippled my social development (it got fixed and I have learned to socialize as an adult, but it held me back)
>>Were so authoritarian that my naturally high confidence (I was a fearless kid) was shredded before I was a teenager by constant scolding and helicopter parenting, I'm still rebuilding this
>>Undermined every early attempt that I have made at financial independence, from building my own credit score to teenage entrepreneurial ventures that were both legal and successful
>>Undermined my mental health by dragging me into their marital fights for years and ensuring that I was isolated socially as a teenager
Kind of this but a little different.
Seriously fuck this shit.
So demotivating to be many years behind your peers in many areas.
Oh boo hoo. My parents were mentally-ill junkies on welfare and I grew up in a shithole dying town full of non-whites. When I was 20 I discovered affiliate marketing and sales and spent years learning how to do it effectively while in extreme poverty and only eating once every two days, using a decade old computer in a moldy room in a halfway house. Now I own a successful direct response brand and have plenty of money.
Making money outside of wages is ruthless. If you start from a worse position than average, you need extra mental strength and dedication to overcome your situation. Complaining about how the deck is stacked should never happen because you should be too busy developing strategies to turn your deck's stack to your advantage.
This thread again? The whiney bitchy "woah is me" thread?
The wake doesnt drive the boat you vaginas , let it go and move the fuck on , most people arent raised right . We deal.
Fucking crybaby homos
Your excuses arent going to get you laid or pay the bills retard.
Life on lifes terms.
I was raised by raging alcoholics and Ill graduate with a bachelors in EE in may. Ive started 2 businesses (that failed but thats besides the point , you learn from failure)
Let it go. They dont control you anymorw. Get therapy if you have to but for gods sakes move on. Dont wallow in it on an imageboard for gods sakes
But lets take a step back , tell me again how much utilitarian function that excuse gets you again? If its not getting you money or women you must hang onto it for aomething?
Oh right. It shiwlds your ego from reality and as long as your locus of control is external then you can remain blameless for your life of quiet desperation.
Good plan buddy
>as long as your locus of control is external then you can remain blameless for your life of quiet desperation
What cuckold self-help book did you read that out of? LMAO
>i-it's my fault for everything... maybe if i just sucked jamal's cock better m-my girlfriend wouldn't have left me...
Im not the one blaming my life on my parents on an anime imageboard dude , might want to take a look in the mirror and re evaluate life a bit m8
Or just take your shit to /r9k/ where it belongs
>The first step to success is owning all of your decisions. Both successes and failures. You can sit there and blame your parents for your shortcomings and use it as an excuse or sack up and keep moving. Choice is yours, and quite frankly, nobody cares what you do but yourself, so figure it the fuck out.
This. Your success occurs when you stop feeling like a victim. It's like a venn diagram, and you're in the middle. You can sit around feeling sorry for yourself or you can find a way to move on or force it to empower you. Really you'll never know how successful you are or how fucked up your family is so all that you can do is feel better about it.
Coming from the winnner of the Most Fucked Up Guy in the Other Thread award, since I killed it.
>Coming from the winnner of the Most Fucked Up Guy in the Other Thread award, since I killed it.
What? Your mom didn't buy you the newest iPad and Xbox one for christmas?
Only got you a used Porsche Cayenne instead of a new one off the lot?
>grandparents literally rich
>dad is like the dude but living an hedonist life
>family disown him and he moves to a third world country
>married with a brown hood rat with no perspective in life
>they are about to die and they only have money for the next day
>no assets, not even a car
>they think I'm posh because I refuse their orders to go flip burgers instead of studying
>they think I'm some kind of freak when I talk about saving and entrepreneurship
Not that guy, but my mom was a paranoid schizophrenic who got institutionalized several times while I was growing up.
Dad was a sperm donor.
Of course, it doesn't matter now, because she died of cancer when I was 19.
The fact that you can wallow in self pity tells me that you're confident enough in your future that you think you can afford to.
OP you're fucking pathetic. I lived in hotel rooms for most of my teenage years with an alcoholic parent. Do I blame them for my current situation? Fuck no, I make six figures because I can take responsibility instead of looking for someone to blame.
You need to listen to
You aren't listening and are feeling sorry for yourself. You need a bitch slap man
A lot of people on /biz/ /b/ /pol/ etc come from backgrounds like yours. Life isn't fair. Some people own up to it and move up the social status ladder. Others are born with a "silver spoon" and fuck it up
Be the former. That's all the advice I'm going to give you. Your welcome for the bump
Curious: Have you escaped your situation?
If not, how are you plotting to get free of them?
I admit that I'm privileged, but sometimes I wonder if I would be better off as independent and separate from my parents.
I don't know.
Sometimes I just fall into spells of not doing anything for months. Right now is one of them.
The first time I made this thread everything was going quite well in my life. Right now - not so much.
All I've done for the last month is minimal work, browsing 4chsn/miscellaneous bullshit forums, play chess and listen to the best music I could find, most of which is obscure experimental music. I just can't get going anywhere. I need someone who will humiliate me, like a coach. I'm almost considering hiring one, but he needs to be extremely strict and verbally abuse me if I do not perform. I'm not even sure if such a thing exists.
>I have no motivation and I need it.
It takes a lot of motivation to post multiple copypasta threads every day. You are unironically highly motivated, and you use your vigor to...post on 4chan.
Unless one of your parents left the family or beat you, you have nothing to complain about. You should be happy that they gave a shit at all. There are loads of people whose parents didn't give a single fuck about them. My dad fucked up my entire family for like 7 years. To have a healthy family life would have been better than them giving me some fucking financial advice. There is nothing I can do to change it. No amount of money will ever replace the fact that my family was largely dysfunctional in some way. I could win the billionaire lottery tomorrow and though the rest of my life would be extremely comfortable, financially, I will always have that fucking scar, as will my mother and brother. It will always be there, and it doesn't matter how much you act like you don't care. It will remind you. Fuck OP.
It's not only about them providing their kids a life of milk and honey, but just providing the foundation so they can go from there.
It really doesn't take a PhD, just common sense. Everything gets worse when it's not only a lifestyle issue by a character issue like in my case and possibly in >>1081396's
My mother quit her job and basically dropped her ~40k/year salary expenses/lifestyle on my current ~26k/year salary. I don't have much choice either since cost of living is also beyond 26k/year in my city and she supports me with home and utilities. Either I'm in debt or living in streets broke. Either way I'm broke for the unforeseeable future. Until I pay off the car she dropped on me plus 12% mortgage and other shit.
Help me :'(
I will soon. Lord forgive me for the sins I'm close to committing
It has not been easy for me. I started off in Brooklyn. My father gave me a small loan of a million dollars. I came into Manhattan, and I had to pay him back, and I had to pay him back with interest.
But I came into Manhattan and I started buying properties, and I did great.
>lost hundreds of thousands to inflation
Either your parents were already wealthy in the 50's or you're from a 3rd world country with high inflation. It's hardly possible to lose "hundreds of thousands" to inflation, even in the span of several decades unless you hold billions of dollars.
>Ruined my credit as soon as I was legally able to have it.
Other than that, I can't say much. No parent is perfect; as much as I could argue in hindsight that they should have sent me to a private school and instilled things like a work ethic in me or not judged me for being clinically diagnosed with depression, there's nothing whining about that will fix.
I'm lightyears behind anyone my age (19) that will ever be successful, but that's just how it is.
Man, you do not know much about compound interest do you?
In the 70's stagflation destroyed their savings, which were not being invested. They weren't investing in the 80's, and they had the opportunity to put their "safe" investments into 8% annual CDs when my mom was working at a bank and had the chance to buy out public works when the Queen's infrastructure was privatizing under Thatcher in the 80's. They didn't really start investing in stocks until the 90's.
Their current portfolio is over 250k worth of stocks and bonds, and a house worth over 150k. Their life insurance and savings accounts bump my inheritance up to half a million. I face palm at the massive losses that they took. The 70's stagflation destroyed their savings, reducing it to less than half, which multiplied by opportunity cost of lost interest over the years is potentially millions.
>impossible to lose "hundeds of thousands" to inflation, even in the span of several decades unless you hold billions of dollars
In a mere 30 years the value of money is cut in half. Save up 100k over 30 years? You lost 50k to inflation faggot.
>this level of financial stupidity on /biz/
OP is right.
When OP made his first mistake people like you started to openly discriminate against him and treat him like a doormat because of it, he assumed that it would always be like this, that it would never get better, that the doors were closed, he was wrong, but he couldn't have known any better because he was fresh out of high school or whatever.
OP never had a cool older brother to tell him "bro, srsly bro, stop being a whiny little bitch and get out there bro, fuck the h8ers", just normies such as yourselves who saw him only as a flawed human being and an excuse to enforce your normy pecking order and feel superior.
You think it is a huge problem that OP is a whiny little bitch, but when most people come across someone like him they just remind him that he is worthless, they don't show him the errors of his ways or tell him "you suck at this so you need to learn what it takes and get more practice", they exclude him and say "you suck, just leave, we don't want you here, there is no point". Most people never learn how much they can accomplish if they set their mind to something to begin with, you attribute this to laziness, but it is only logical to not do something if you are convinced it is pointless.
I guess my biggest one right now is that my mother is an alcoholic who can't financially support herself and keeps guilting me into giving her money. I would say psychologically she has hurt me in a lot of ways. My entire life has been me fighting against whatever fucking beta instincts have been implanted into me from a lifetime of negative reinforcement.
Really I've surpassed a lot of barriers I never thought I would overcome. Financially stable, have a gf, have a degree, etc. I am confident I will be okay once I move out of my mom's house and quit trying to support her.
She's depressing to be around and seems to sap the motivation out of me to do things to better myself. When I was living on my own in college I was a lot more productive.
I hate to place blame on my mother's poor decisions, but I do think they play a role in the mental barriers I have constructed for myself. I think it's okay to acknowledge the source of the problem if you work to overcome it, which I am doing.
Sorry for the fucking blogpost, shiiiiit.
OP sounds like he needs to be tied up, spanked until he's crying, then gagged and sodomized. I think it would raise his spirits. As for his finances, idk
srsly though I think there are so many working class idiots--they're all that's left. Why? because anyone with any modicum of sense could have spent wisely and invested in nearly anything in the last thirty years and seen huge returns. So the working class that's left are all idiots. just a hunch.
My parents didn't teach me money, but they didn't hold me back. They have actually been pretty cool and would help me no matter what. I'm teaching myself finance and money skills slowly.
>You think it is a huge problem that OP is a whiny little bitch
It's a huge problem for him, you sanctimonious faggot. If he refuses to better himself because "it's only logical to sit around feeling sorry for myself since people were rude to me as a child" then his life is already over. You faggy sympathy won't help him, he needs to toughen up or kill himself.
Economy was growing rapidly. Plenty of jobs. Already have a huge house with a big backyard. No property taxes. Don't know why my parents even decided to come here. We had to restart from the bottom.
OP, stop blaming other people for your problems. It's like you really believe you had it worse then most people.
> you don't know what it's like
I hate people who say this, ofcourse I don't know what it's like. You also don't know what the rest of the world is experiencing.
and yeah I'm le silverspoon, still my life isn't as easy as it looks. I've had an active immume desease for a few years now. I feel sick a lot, I could just do nothing and recieve wellfare and life on that, docters are saying that I'm not the same as my peers and that I should rest more.
Fuck that, there are so much people that have it worse then me. I'm fucking working my ass off to achieve my dream, instead of blaming my sickness. Fuck you OP, stop blaming shit, go fucking do something about it.