>go to /biz/ to discuss finances >99% of threads are

>>37992590
> wanting to discuss business with NEETS and college sophomores

>want to learn how to make money
>try to talk to money people
>"haha nope kiddo it's secret"

>go to /r9k/ to discuss autism
>99% of threads are other thread bullshit

>>37992590
>actually thinking the Mongolian cave painting board is a place for serious discussion
How new are you?

>>37992601
This sites demographic is shifting and getting older, I think there a few people who legit know what they're talking about. There should be people who if they want to learn about basic financial knowledge not have to wade through mounds and mounds of memecoin shit.

>>37992611
Basic its so simple its retarded.
>increase your earning potential through training and experience
>set aside at least 10% of your income towards investments
>buy low and sell high
>minimize frivolous spending and budget your money

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>>37992677
Why buy low and sell high when you could just put your money into a low fee index fund and forget about it until you retire?

>>37992590
>going the secret hoarders that attempt to manipulate every market they touch
>thinking that even if you did manage to get them to not talk about memecoins that they'd actually give you beneficial advice instead of shit advice that'd just benefit them

>>37992768
Because your returns would be shit and outdone by inflation so the actual returns would be a negative are you fucking retarded?

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>>37992829
Your returns wouldn't be negative.
http://www.investopedia.com/advisor-network/questions/how-many-mutual-funds-beat-sp-500-percentage-basis-after-operational-fees
>Over the last 5-year period, 80.8% underperformed the S&P 500.
And you'd do better than 80.8% of the actively managed funds

>>37992935
Look at the trends of inflation you dumbass.
Every time they attempt to stabilize it it still gains despite their efforts. Your actual returns unless you're popping in six figures will come out ranging from a negative to abysmally low whereas if you're actively taking part in your portfolio and aren't retarded you can easily make 8-15% returns and consolidate your shit by the time you're 40.

This is why idiots shouldn't invest you merely end up as fodder.

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>>37992991
Actively managed funds fail to beat the market 80.8% of the time over 5 years.
You're giving bad advice for 4/5 people. You're not using numbers to back up your statements. Just platitudes and ad hominem attacks, as though force of will and gumption could ensure returns

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>>37992590
>go to /r9k/
>99% of threads are asexual bullshit

>>37992677
>increase your earning potential through training and experience
This part isn't simple. There's many ways to do it and not all are effective.
>buy low and sell high
This part is extremely complicated.

It's obvious that you're a neet and that's fine but don't pretend to know finance.

>>37992991
>easily
Wew lad.
You can easily get lucky and do it one year but barely anyone knows how to do it consistently.

>>37992991
If you can consistently get 8-15% return over 5 years you should bring your portfolio to an investment bank. Not even memeing. That's something that most people can't pull off. I'm not even memeing you should do it

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>>37992646
>TFW when even we are going to be demographically replaced in our own boards

>>37993040
They're tumblerinas trying to fuck with us

>>37993450
new blood blah >:E

>>37992590
/biz/ was made as a containment board to keep memecoin shit away from /g/

>>37992590
Don't worry anon, crypto is crashing at the moment.
They'll all kill themselves soon enough.

>Make crypto coin
>It prints money
>Has worth to it because "I said so"

Hmm, it's almost like people are desperate to spread the word, perhaps the word "shilling" might be in order for such a thing.

>>37994223
Just give everyone a money printer. Ancaps dream

>>37993125
even 10-15 slinging on meme penny stocks?

>>37992677
>just buy low and sell high bro XD
Sounds as stupid as when chad says "just be confident bro XD"