GUYS!!! IF you can make $1 Million YOU ARE SET!
>get $1mill
>pop in average like dow, s&p
>get average of 8% return yearly
>average $80k year
>15% tax (less than income)
when you make $80k a year in gains its like making $100k a year in income
GUYS IF WE CAN ALL FIGURE OUT the FIRST MILLION WE ARE SEEEET!!
>>1933807
Just wait for that damn market to crash and go all in baby!
Warren Buffet ftw
>>1933807
>Small loan of a million dollars
>Put it on red
>50% chance of winning
Let's say you win
>Pay ~35% tax on winnings
>650K left
>draw 4% a year so it never runs out
>26K a year for life
>>1934533
Let's say you lose
>Misappropriation of funds
>Go to jail for a few months
>Pay 5K on Darkweb for a fake ID, SSN, etc..
>try again
Why aren't people doing this?
hey /biz/ I think I have a great idea for a youtube channel do you think it could work? Basically a kissless hugless virgin attempts to pick up girls and vlogs his experiences about it
Would you watch something like that? Would it get a million subs and youtube partnership?
If its a good idea, can please someone do it. I would really watch something like that.
>>1933796
Yeah it could def. work. You would have to market it well though. Make the videos short enough to keep attention and get into crazy situations.
He's gonna need a foil. Someone to play off him, to ground him. Depending on how the guy actually is (charming, non-autistic, etc) he might be okay as is. Really depends on the lead.
>>1933796
A school shooting and a virgin manifesto could really make the channel trend
Ok, you wake up and you have awoken in an alternate reality where you are living with your parents, have 100$ in your bank account, and have no education. With these circumstances how would you anons become rich?
>>1933698
Put the $100 into ETH and wait
>hiding your living behind a "game" because you don't want to ask for straight advice
You forgot to add your age
>>1933704
Ok, let's say 20
Where is the safest place online to buy bitcoins?
>>1933686
Right from your own computer or phone
>>1933703
What website?
>>1933722
Coinbase, Kraken, Gemini
the next coming months of eth, if it dips below this trend line, selllll, if it goes above it, BUYYY
>>1933681
Good call bruh, classic swastika momentum consolidation incoming
>>1933681
that isn't even a fucking trend line you retard. At least put a little effort into your shills.
>>1933706
This is the best post I have seen on this board
Thank you
Huge fucking kek 8/8
What happen to the moon mission for bitcoin?
And why did the matchpool ico fraud kill the upward momentum for eth?
>>1933679
i dont know but i put 100eth into matchpool and im about to go on a road trip t figure this shit out once and for all
>And why did the matchpool ico fraud kill the upward momentum for eth?
It did nothing to ETH, ETH was already falling before that got exposed.
>>1933910
I tried to warn people away from that shitty ICO, even if it wasn't a scam it was doomed for failure. You were never going to get a significant amount of women to join it and without that its dead in the water.
>>1933916
but what about april 14th?
whos who of planet earth?
Can anyone run me through how to do these problems? My teacher hasn't went over this yet .
>>1933675
Buy some knee pads.
>tfw the youtube bubble popped
How to profit off this?
what do you mean?
All the advertising bubbles are going to pop. Start layering up your short positions on social media companies with ridiculous valuations. Nothing too risky yet, but I feel we're near a top with a lot of the mega-cap advertisers if we haven't hit it already.
>>1933651
What did he mean by this?
Imagine being Bill Gates' kids like wow dad you built a fortune 500 company but all your leaving us is money? and you sold your stake and have no voting shares anymore so your children can't even work for Microsoft anymore wow thanks for ruining our legacy but thanks for the money I guess this is why 3rd generation has no money left because you give money instead of a business for us to grow but yeah cool thanks for the money you fucking idiot what will my grand kids do
>>1933509
With a Dynasty like Microsoft I'm pretty sure the Gates family has their group of family financial advisors
>Implying plebs like you would know financial freedom bestowed to you by the smart decisions of your ancestors
>>1933522
>family financial advisors
You mean leeches
>>1933509
Dude theyre so well off that it hardly fucking matters.
Any LSKers or am I flying solo? Also, is it tyme? (pic related)
Bought it yesterday.
Holding long term. It has potential.
it will pump soon
i was told to buy lsk in a dream
i am a favored child of the lord
>>1933454
A lot of people are saying its a buy at these prices.
2017 is suppose to be the "break out year for LISK"
LISK also released their financial report today and it looked good. They aren't spending a lot of money and have a lot on hand.
https://blog.lisk.io/financial-report-february-2017-876b56a2b05c
So I would say at 25 this is a good buy for the year.
Hey /biz/ what's the best way to earn money investing starting from little money, I'm struggling with my finances, here in Argentina, middle class people like me are having some problems this times. Thanks
Honestly, it depends on how accessible you need your money to be and how much risk you're willing to take and if you're willing to lose all your money for the chance to get more of it.
What kind of money are we talking about here? Throw-away money? Gambling money? Your savings? Food/rent money?
Start at the bottom. If you don't have food/rent money, get food and rent money. You need that. You can't invest it cause you live on it. Next.
If you don't have savings, get savings. This is your emergency fund. You don't spend it unless you become homeless and lose access to your food/rent money temporarily. Got it? No spending. You need this money to be highly accessible and have no risk. So put it in either a money market fund with your principal guaranteed or your savings account. Your interest on this might be 1%. It doesn't matter. Gold is too inaccessible for this. So do that.
When you have those under control, you can move into investing. Everything after this point is your "portfolio," and you have to decide how much risk you're willing to allocate to what percentage of your portfolio.
So how much risk do you want? Obviously the most risky thing you can do is just flat out gambling, though I'd say Predictit will give you some easy political bets that you're sure to win if you do it right so that's easy money. If you want to risk the whole thing on something just short of gambling, go do crypto, even low market volume crypto if you're really looking for volatility. So that's super risky.
Moving a step down from that is stocks. Penny stocks are going to be the most risky, like crypto, and then from there you can move into regular stocks and even more sturdy blue chip company stocks. This is a normal, good amount of risk to get comfortable with if you want to invest. Not bad at all.
Getting even safer, you can check out ETFs, closed ended funds, mortgage-backed securities.
A step below that is mutual funds.
>>1933428
Thank you for your time
>>1933428
I should mention that now getting even lower on risk than mutual funds, but with less reward, is bonds and fixed income annuities.
And finally, below all that is money market funds. Money market funds have such little risk that they would be acceptable to put your emergency money in, but perhaps not all of it. These will give you terrible returns but your money will be safe.
So basically my opinion is you should handle the food/rent money followed by emergency fund first and get that squared away. Then divide up your portfolio based on how much risk you want to accept. Young people typically take and are advised to take more risks, so a professionally recommended portfolio for a young person will have mostly stocks (and if you're really want, cryptocoins), while someone who is much, much older and about to retire won't want to take that kind of risk and will go more into bonds and fixed income, etc., so they earn less but with less risk.
If you choose to go with stocks, or anything else, learn how to value stocks by reading about them, how to analyze charts if you want to trade crypto, and always be reading the news and keeping up to date with an industry you want to invest in for obvious reasons.
I want to mention that there are other methods as well:
Forex - Foreign Exchange trading: this is risky, up there on the risk scale with penny stocks and crypto
Options Trading - This takes some skill but when you get good at it you can make a lot of money. I'd put this as being about as risky as the stocks. This will take some time to learn on your part if you intend to trade options.
You could also invest in a business if you know of one you want to get involved with and have the money. You could also invest in real estate and possibly make big money but again lots of work.
There's lots of options out there with varying risk so I hope you can take some of the ones I've thrown around here and do your own research to learn about them.
>tfw losses exceed your wageslaving
>>1933296
>tfw over doubled muh money with eth this last month and im only 18 :}}}
>>1933296
been there.
get out.
you're hurting yourself by staying.
>>1933938
>tfw 2*0=0
From what i understand the government doesnt print more money because if everyone has more money then there is more demand and prices go up. But what if they printed money but only gave it to, lets say, the 7 million poorest people. in a country with 300 million people it couldnt possible create inflation if 7 million people have more money
>it couldnt possible create inflation if 7 million people have more money
Of course it could. Supply and demand. The people who were poor now have money. They will now spend that money to buy goods and services, increasing demand. Prices go up.
>>1933323
But its 7 million people distributed in a huge country, and there isnt a shortage, there is a lot of extra supply
>>1933339
>But its 7 million people distributed in a huge country
Doesn't matter. You've still injected money into the economy that will circulate.
>there isnt a shortage, there is a lot of extra supply
Unless supply actually increases, prices will go up. If there already exists excess supply, then the market is inefficient and prices should be falling.
this goy is my hero
how do i develop aspergers so i can go full cocoon mode and short the next bubble?
Listen here you 'I just watched a movie about investing and want to become rich quick' guy. You can build moderate success from investments with hard and smart work but huge success like the guys in the big short had takes immense luck like everything in life. Moderate success is what someone anyone ambitious enough can achieve while extreme success is mostly about luck.
>>1933264
same here i just want to lock myself in a room and do market analysis until i get so fucking good investment firms put up with my autism and pay me boatloads of cash
literally my dream
>cut your own hair
>meet qt waifu online
>get sick job working at hedge fund
>blast songs with killer riffs while you crush some spreadsheets
>wear flip flops every day
>make hundreds of billions of dollars
Is he /ourguy/?
Newish-fag here, what are some good cryptos to buy right now? Don't let me down lads!
DOPE my nigga
Buy some Litecoin projected ted to hit $14 (minimum) within a week or so
https://cointelegraph.com/news/charlie-lee-tips-litecoin-price-to-reach-14-on-segwit-activation
>>1933189
this senpai