don't listen to the self-interested billionaires who tell you to hold all your assets through the next crash. Fucking sell everything.
It's pretty funny that nobody ever mentions this. Everyone predicted Japan to be the new super power.
>if one countries index did it, so will the whole wooorld!
enough of this meme
do you understand what will happen if your entire portfolio, diversified across the entire world in stocks AND bonds goes to zilch and never recovers?
your cash won't mean shit
your bitcoin wallet won't mean shit
we as a species are DONE
>>1917325
We'd be better off as a species without (((money)))
>>1917101
At the moment it's probably the best time to buy negative index derivatives. All my friends try to start buying stocks like idiots. They buy Tesla, Snapchat, Chinese Internet companies etc. without even having basic knowledge of the stock market. That's a clear sign for me to short that shit.
>>1917101
Don't listen to the billionaires who tell you stocks are the best investment you can make.
Buying stocks means competing for returns at the international level. Do it locally, add value, have low overhead and you're much more likely to succeed. Just start a business.
Even the shittiest businessman can pick up a used standing mower and put a Mexican on it. This destroys stock market returns when you have such a small amount of money to work with.
Warren Buffett always said if he was a small fund he could return 40-50%+ a year. The opportunities for valuable investments are in small businesses. Once your cash stack gets big you're competing with billionaires and banks for mediocre returns.
Don't use the stock market until youre ready to retire. Otherwise you'll just be like every other hardworking wageslave, earning market returns.
>>1917325
Yeah yeah just fucking default and start over again
>>1917335
Why didn't barter societies conquer capitalistic societies then?
>>1917345
Because they compete worse. But nevertheless the final stadium of capitalism is probably communism.
>>1917325
The end of civilization isn't so bad. It's just that barbarism and slavery will be back in style for a millennium or so.
>>1917562
Offer a sheep or goat to her father in exchange for sex with daughter. Old school.
>>1917358
how do we average guys fuck hot girls if we cant pay for it?
>>1917358
In theory communism is great.
In practice not so much.
I'm sure a few tweaks to the current capitalist system we have now can maga
>>1917578
Why would they fuck me instead of a Chad which also has sheep and goat?
In capitalism at least we can outdo Chad by getting rich.
In communism you are fucked.
>>1917358
The only way communism will work is in the extreme future, when we have Invitro meat, robots and AI to do all repetitive and manual labout, things like solar sails and cold fission for unlimited energy, test tube organs, etc. Basically when we don't have to work more than 10 hours a week, and the majority of our basic needs are covered by technology.
>>1917589
btw im not delusional, getting rich is mostly luck too
and you are not attractive if you are rich, looks are everything
but at least you have chances to get rich even if very low, and you can fuck hookers
>>1917101
>Said the brainlet in 1929 who sold everything when the Dow Jones was trading under $200
>>1917637
>implying that brainlet would even be alive to see dow hit 20,000 in 2017
Its shocking how many passive index fund faggots actually believe this long term buy and hold nonsense
>>1917581
this is what's I've been saying for years........
money exists so genetically inferior (ugly) men can fuck genetically superior (beautiful) women
take me for example
27 and not well off by any means
but I've slept with almost 70 different girls
and the current girlfriend is like, literally everything a man needs
>>1917827
That's how wagecucks cope with their shitty life.
Meanwhile smart NEETs are getting rich with bitcoin.
There is no such thing as buy and hold. It might work for 100 years but for the next 100 for the same content it might be an endless well. Japan is a good example, bonds will be too. PM are definitely not a buy and hold investment, these markets are for experienced speculators with verified track records over looong period of time. Pundits sell all these for people with absolutely no experience and most will lose money. Somebody has to feed the few who know how to play
Most people lose money on the market or barely keep up with inflation.
>>1917316
>Everyone predicted Japan to be the new super power.
Joke memes.
>>1917101
you can actually see the point where modern anime was invented