[Boards: 3 / a / aco / adv / an / asp / b / bant / biz / c / can / cgl / ck / cm / co / cock / d / diy / e / fa / fap / fit / fitlit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mlpol / mo / mtv / mu / n / news / o / out / outsoc / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / spa / t / tg / toy / trash / trv / tv / u / v / vg / vint / vip / vp / vr / w / wg / wsg / wsr / x / y ] [Search | Free Show | Home]

What is the single most effective piece of financial advice you've

This is a blue board which means that it's for everybody (Safe For Work content only). If you see any adult content, please report it.

Thread replies: 57
Thread images: 6

File: 01.jpg (145KB, 1000x666px) Image search: [Google]
01.jpg
145KB, 1000x666px
What is the single most effective piece of financial advice you've ever received?
>>
>>1189178
buy low sell high
>>
>>1189178
Someone told me not to buy bitcoin when it had dropped to $800/each 2 years ago. I almost believed the shills that said it was going to go up again. Best advice ever. I would be down 10 grand right now.
>>
Buy low, get high
>>
>>1189185
Sell high, buy low
>>
>>1189178
Buy low, never sell.
>>
There's good debt and bad debt. One can make you poor. One can make you rich.
>>
buy kneepads suck more dicks
>>
>>1189178
evade taxes
>>
>>1189178
buy the fucking dip
>>
Learn the difference between want and need, then never buy into the want.
>>
>>1189178
Never take advice from 4chan
>>
Start Now.

World's full of losers who are waiting for their ship to come in.
You can be successful with almost anything if you just fucking do something, so don't wait like an asshole.
>>
>>1189178
don't be afraid to lose money or you will be forever poor
>>
>>1189191
my nigga
>>
>>1189269

This.

Look at the average male today. They aren't doing shit. A little ingenuity, creativity and initiative will go a long way.
>>
File: Aw yeah bro.png (65KB, 500x500px) Image search: [Google]
Aw yeah bro.png
65KB, 500x500px
>>1189337
Fuck yeah bro.

My motto is
"Get excited and do something"
>>
>>1189269
no you don't. You can get into massive debt because of your special snowflake business and never get out of it.
>>
>>1189361
Why the hell would you ever take out a business loan?
>>
>>1189367
isn't that how 99% of startups are made?
>>
File: provisional lives.jpg (1009KB, 515x4409px) Image search: [Google]
provisional lives.jpg
1009KB, 515x4409px
>>1189361
What >>1189367 said.
Literally every hobby, every interest has an industry attached to it SOMEWHERE.
You can make money on that thing you like, if you're smart about how you do it.

Plus, fuck, even if you fail hard you'll have done better than the 99% of people who never try for fucking anything in their worthless lives because they're 'waiting for the right moment'

Do not try to live a provisional life.
>>
>>1189374
Nope
>>
>>1189376
just keep on buying the lottery and remind yourself that your real life hasn't started, until you win big. ;)
>>
File: thank you based anon.png (275KB, 500x333px) Image search: [Google]
thank you based anon.png
275KB, 500x333px
>>1189178
that guy on the lithium thread saying "GXY is a good investment, because ..."
>>
>>1189178

Start a business. Don't wait. Every moment you are working for someone else is a moment you are not meeting your true potential.
>>
>>1189489
But what do you actually suggest the business is based on?
>>
>>1189499
kneepads
>>
>>1189503
Sounds like customer service.
>>
>>1189503
You just wait, in a few years time I will have a net worth of over 50 billion thanks to my business, of selling kneepads.
>>
>>1189499
That's not anyone's place to decide for you.
If you're the kind of passive waster that needs to be told what succeeds, you won't have the chops to make it anyway.

Decide for yourself.
Don't be a pussy.
>>
>>1189511
if you actually do that you will surpass meme status and become immortal
>>
>>1189512
Although starting a business nowadays isn't exactly easy, most great business ideas have already been used.
>>
>>1189519
You may as well start the memes now, because I'm making this happen. Just wait a few years, I'll give you a shout out on Forbes one day.
>>
>>1189489
Not everyone has that true potential. Also I'd say joining a business and trying to work your way to the top would be a better idea.
>>
to buy some niggers.
>>
>>1189524
Dumbest post of the day... congrats
>>
>>1189499

whatever you are interested in, and have the chance to become good at.

>>1189524
Incorrect. Take it from someone who has been down both roads. Starting a business is like hitching a ride to a rocket, where as working for someone else's business is like boarding a freight train. The rocket is unpredictable, but can take you to the moon really quickly, the freight train is very reliable and very predictable, but the road ahead is both boring and slow.
>>
>>1189194
this
>>
invest berkshire hathaway
>>
This is probably the best advice I ever got.
>>
The moment you label yourself as a victim of circumstance is the moment you've lost the game.
>>
Short Trumpcoin
>>
>>1189178
>disregard females, acquire currency

but also just sell volatility premium 30-45 days to maturity, collect theta and close around 50% max profit
>>
When out of heroin, put an ad up on Craigslist
>>
>>1189178
Save your money and put that money into assets that pay you.

that's literally how everyone becomes an actual millionaire.

>>1190055 is basically showing you the exact same thing.
>>
>>1189374
investors

how do you get investors


the magical buzzword: Networking

I know Angel investors and one of the primary investors of Snapchat
guess the reason why i never have had to take out a business loan except for the rare 4k to pay off developers in the short run if some financials get messed up?
>>
>>1189178
"Don't be a pig. Pigs get slaughtered. "
>>
>>1190055
Not having debts is enough to make you financially stable.
>>
never get high on your own supply
>>
>>1189178

"go fuck yourself"
>>
"I made me fortune by being smarter than the smarties and tougher than the toughies." - Scrooge Mcduck
>>
>>1189191
420 holla holla get dolla
>>
people keep throwing around this networking buzzword, but what does this actually mean or entail? How do I actually network, I'm in IT btw 18yrs old here
>>
>>1190568
Talk to people nigga
>>
File: 1457091269373.jpg (57KB, 584x960px) Image search: [Google]
1457091269373.jpg
57KB, 584x960px
DONT LEND MONEY
>>
>>1189185
Low High, Sell Buy
>>
>>1190055
this is the dumbest piece of pictograph i ever laid eyes on.
so if you have some assets you no longer have other income and expenses right?
it should be the two combined if anything.
Thread posts: 57
Thread images: 6


[Boards: 3 / a / aco / adv / an / asp / b / bant / biz / c / can / cgl / ck / cm / co / cock / d / diy / e / fa / fap / fit / fitlit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mlpol / mo / mtv / mu / n / news / o / out / outsoc / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / spa / t / tg / toy / trash / trv / tv / u / v / vg / vint / vip / vp / vr / w / wg / wsg / wsr / x / y] [Search | Top | Home]

I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible.
Read more on this topic here - https://archived.moe/talk/thread/1694/


If you need a post removed click on it's [Report] button and follow the instruction.
DMCA Content Takedown via dmca.com
All images are hosted on imgur.com.
If you like this website please support us by donating with Bitcoins at 16mKtbZiwW52BLkibtCr8jUg2KVUMTxVQ5
All trademarks and copyrights on this page are owned by their respective parties.
Images uploaded are the responsibility of the Poster. Comments are owned by the Poster.
This is a 4chan archive - all of the content originated from that site.
This means that RandomArchive shows their content, archived.
If you need information for a Poster - contact them.