What do you think you owe your parents?
I don't owe them anything. I told them tonight by the time I'm 30 I will take every single penny they've earned from them for treating me how they did for 20 years.
I will not help them at all and the moment I'm finished college they are dead to me, I will never speak or have anything to do with my family the day I graduate, I'll never ever speak to them after that day.
>>1359060
>the moment I'm finished college they are dead to me
they paid for you to go to college though
In realistic terms nothing, I didn't ask to be born.
In idealistic terms, I just need to be a decent person and a credit to the way they raised me.
>>1359060
wave goodbye to your inheritance
you should have never let your emotions get the better of you, men of ambition should be above such petty things
So I need some help planning the rest of my life, tell me if there is an obvious fault in the planning I'm currently doing cause right now I'm doing a lot of googling but not understanding.
So when I graduate, I will be single man living modestly in a one bedroom one bath apartment for 900-1000 dollars a month in Austin, Texas. I will be going into a tech job there so the net salary should be about 3.5k a month after contributing to a Roth Ira and 2% into a 401k (or whatever the company will match up to.)
Groceries, bills, gas, insurance and misc services (running off averages) should shave off almost 1000-1.2k.
So this leaves me with 1300-1.5k dollars I would not be using on essentials a month.
Now I have two intermediate goals.
The most important to me is to set up a safety net of sorts to use in emergencies (maybe 40k or so is when I stop contributing to it)
My next goal is to buy a nice Mercedes Benz worth 65k because I really want one. I don't want to finance it because I don't like to have debt, it makes me uncomfortable.
With an excess amount of money of 1300 (maybe 1000 if I want lots of disposable income) and a small chunk of cash (like 5 grand) saved already how would I be able to achieve these goals within a reasonable amount of time.
If any of my math is flawed please point it out.
And so here is my question, after this much research: How do I allocate my "investing budget" (if you will) of 1000 a month into my goals? Are they unrealistic to achieve in less than 10 years?
>>1359031
No, 10 years is a very very long time, people make and lose hundreds of thousands in 10 years.
No one saves for a car for 10 years lmao, you'd be dumb to do it.
What should i be looking at putting the money in?
>>1359058
>less than 10 years
obviously not near 10 years just for the car but i want to buy it with cash (I do not like debt) somewhere around the 5 mark for the car and 2-3 mark for the cushion savings with the savings allocated first.
Now the issue is that is the extent of my planning, what should I put my money in to get the maximum returns i need within a shortish timeframe like that before moving it somewhere less volatile?
So the way to make lasting profits in to produce and appropriate value. How do I create value? Is there a method for determining what is the most valuable use of my time and how I can improve my worth?
>>1359025
Just buy ethereum or trade forex man.
This isn't hard.
>>1359025
Too much parameters my famalam. Give us some more context.
>People who think they can be more successful at trading by picking winners instead of managing risk.
but picking winners is how I manage risk
>>1359008
i pick managers to win risk
>>1359003
I prefer to risk managers to win shareholders
>buy a stock
>goes down
>sell for a loss
bravo!
>>1358998
try r9k
I dare you to make five more of these threads op
Double dare you
Hello /biz/
I am about 30 years old. I figure it's about time to move out of my mom's house (she is disabled - I pay half her mortgage, it's a long story)
There's a bunch of houses in the $100,000 to $150,000 range near me. I have saved $15,000 that I could use for a down payment. This will leave me several thousand left in my bank account.
Is this a good idea or should I rent an apartment? I never moved to an apartment because they are really expensive and seem like a waste of money.
Thanks /biz/
do you plan to stay in the same place for over 5 years
do you plan to have kids soon
if no to both then rent
>>1358976
>do you plan to stay in the same place for over 5 years
Yes. Forever. I don't travel, I have no friends or social life, I hate change.
>do you plan to have kids soon
lol no, I plan to keep my virginity intact, thank you very much
>>1358963
Buy $150k house. Need $30k downpayment. Rent out 1 room to someone sane for $400pm (+ utilities). Pay mortgage as quickly as possible.
I'm in a bad situation: live in a small rural town with NO jobs, NO public transportation, and a broken car. I'm thinking about getting a peer loan to buy the car fixed or at least a new car. Is it worth it to get a peer 2 peer loan? Can't get a bank loan at all.
get to cycling and build up a great ass
>>1358882
so peer 2 peer loans aren't worth it? I should just bend over and allow men to sodomize me for money?
Join the army. Free housing and food, plus you can murder people.
Can I get into the Data Science meme without a Masters/PHd in Statistics/Math?
I did a BS in Computer Science, but I ended with a 2.8 GPA overall, so I can't get into any good ones.
But what do data scientist do?
>>1358828
Steal data through botnets and sell it to companies that want it.
>>1358914
lol, good one
now can I get a real answer?
Is it all possible to mine Dogecoin with a PC built for gaming? I hear Bitcoin is too hard on non-mining specific PCs so I was wondering if it was the same for Dogecoin. Thanks m8s.
or Litecoin for that matter
And does it make your electric bills skyrocket?
Bump for interest
Too much information, too many ideas.
Where do I start biz?
Make a list of your ideas. Don't develop them. Call over your shitty, negative friends and parents and listen while they shoot them down one by one.
The one that you feel most defensive of that will "never work in the real world"? That's the one you're passionate about. Just make sure it isn't fucking stupid.
>>1358797
I don't have any shitty negative friends and my parents won't have any good feedback.
>>1358855
Good feedback isn't the point of the exercise.
>Be talented at acting since I was little
>Pulled out of class by drama professors in class and told "You have what it takes" by professional stage actors
>Also told that making it is no guarantee
>I'm not getting any younger
Do you, /biz/ think that it's a worthy gamble to pursue drama?
Yeah go for it dude. You can always change fields or wages leave till it happens.
>>1358760
You think the opportunity cost of 3-4 years is worth it?
>>1358752
take sales jobs and use your acting skills to trick chumps into to buying crap garbage they don't need.
spend your evenings acting in local/off broadway plays.
you should be able to moonlight getting tv ad/extra gigs. get your foot in the door and build up a resume. oh and get used to the taste of jewish cock in your, mouth kid. that's the dark side of tinseltown. every big screen star you idolize sucked their way to the top. literally.
>Buy stock
>Sell it for less than I bought it for
>>1358737
what is the point of this thread
Tump coin! To the moon and back without you
>>1358749
it's just a newfag that doesn't know anything else about biz
Is there any use in reading Marx in understanding economic trends? He wrote a bunch about financial crises.
It seems mainstream economics has a ton of holes in its theories outside of some of the base concepts.
mainstream economics is wrong in so many ways
read Antifragile
Yes and no.
Marx acknowledges a number of realities that even today many mainstream economists prefer to write off. However, he writes more about the flaws of Capitalism than he does about the endpoint of Communism, and for good reason.
Basically read Marx if you want to understand class better, which is something that most economists won't touch with a ten foot pole.
>>1358725
>Basically read Marx if you want to understand class better, which is something that most economists won't touch with a ten foot pole
Will this help us be better businessmen?
What type of role would you recommend as a first job/stepping stone into operational management of a business?
For once I complete my Bachelor of Business majoring in Management.
Aside from primary dick sucker/coffee maker.
>>1358703
Yes
pls respond
>>1358703
Create your own business, you don't need a degree, and you will earn far more than your peers.
Hi /biz/, I need help. I need to contact people overseas for business. How should I go about doing this? Should I email them my "proposition" first then skype them?
>>1358629
Not difficult. I'm making a mobile game right now and over the last year have had a plethora of workers and business partners from India, China, Pakistan, Philippines, etc. I found them from a freelance website and we connected on Skype
>>1358648
Interesting, so do you skype them from your home or do you have a professional looking backdrop? What do you wear? How do you sell yourself to them without looking like a fraud?
>>1358629
It's called a telephone nigger
