I need some advice.
My dad is rather successful in real estate and I've been living off his dime. I'm 23 years old and have spent almost every day since I finished highschool playing videogames and watching Tibetan elephant paintings. I have absolutely zero business experience and have never had a job in my life.
Yesterday my dad told me I'm his only son and his biggest dissapoitment in life. He told me that for Christmas he is going to give me one million dollars and if I can't show him two million by the end of next year he never wants to see me again.
Could I get some advice on where I should start? Or should I just go to the casino and put it all on red?
Buy Enron stock.
>>964435
Your dad is a fucking cunt.
Take his million start a milk baby formula supply online business to China.
>>964435
"invest" in "bitcoins"
>>964435
Take the million, leave and live as a NEET for the rest of your life.
>>964435
Sounds like he's right
>>964435
Imagine where your father was at your age. His ambition, his determination and intelligence. That is what he's comparing you to
>>964435
>>964447
Time for your first business lesson mother fucker.
Businesses are run on risk assessment. Doubling a million in a year's time with no experience, skill, or wisdom? Possible, but risky. The cost of failing that gamble (literally or otherwise) is being left with neither the support of your father nor the support of the money he gave you.
Your father isn't challenging you, he's paying you to leave. Take the money, run, settle down where the cost of living is low, throw the remaining money in the bank (or buy something that pays dividends), grab a meager job, and don't get too frivolous with your riches. Enjoy your million dollar head start in life.
Assessment over. I think we know which is the sounder investment. Don't blow this opportunity on some dumb battle of wits and pride.
>>964435
invest in assets not liabilities.
>>964435
Invest in depreciating assets
Trust me, I'm an investor
>>964483
firstly this. if he gives you a million why the fuck not.
secondly, your father failed you. it's fucking interesting when parents tell their children they are failures. because half of your potential is due to parenting or lack of it.
if he wanted you to be successful, he would have started teaching you from an early age the fundamentals of money and his business. but for whatever reason he didn't. remind him of that AFTER you get the million.
i hope you're successful eventually.
>dad is going to give me one million dollars
God damn, why do I even try to make money? The last time my dad gave me a big Christmas present was when we both pulled half our money for a used Xbox 360.
>>964605
Know feel faam.
>TFW always <$100 birthday and Christmas gifts
Life sucks smfh
>>964605
>>964611
I know the feels bro, the lay time my dad bought me anything significant was never. actually because of my brothers wedding, my dad took the money I got from graduation and gave it to my brother, which makes me flat broke
>>964435
> rich kids are just given 1 million dollars
I hope you choke on a giant pair of balls and die anon. Some of us are dirt poor and actually making an effort to claw ourselves out of rockbottom.
>>964435
If you're seeking to impress your father or even just want to keep the cash but not fuck it all by the time you're 40 then join the military.
You get experience for whatever job you want in a civilian world, you get education for free if you don't wanna dent your million, and you can bank all your cash into a tax free no fee military bank account. Hell you'd even pull a profit from military pay if you just don't spend any of your million.
>>964435
I know that feels, bro. I literally went out and asked this question to random people on street. The masses only know how to spend money (which they "earn" by work).
>>964435
>Your dad realizes in his midlife that he's failed at raising his son
>Takes it out on his son, which by every definition he's failed as a father
Take the money, never come back, mail him proof of your 2 million with a note attached saying "all it took was getting you out of my life."
>>964605
Sounds like he loves you, at least.
>>964676
>Sounds like he loves you, at least.
Or at least pretends to.
>>964679
Jesus, that's cold.
My dad loves the fuck out of me and would probably be proud even if I ended up at McDonald's.
>>964435
500K chinese junk
100K marketing and/or buying out old western brand name to use on chinese junk
Sell for quintuple buying price (conservative estimate)
Spend 400K in akiba to celebrate your flawless victory
>>964435
just spend the million on hookers and blow #youonlyYOLOonce
>>964435
Have you thought of doing philanthropy? I have a net worth of $120 right now. If you invest a few thousand in me you won't see any return but you will significantly improve someone's life.
>>964683
>My parents love me.
Have you already tried to tell them that you are gay or paedophile and see what happens?
>>964435
>take $1M
>cya dad
>live on interest
its obvious that you cant double your money in a year your dad is retarded
>>964730
So how much money must it be to be possible to double it in a year?
One penny? One billion?
>>964730
I'm not a millionaire, but I imagine you can double a million in a year fairly reliably if you know how what to do with it.
>>964742
IMO it must be something hands-on where you can exert personal influence on risks, rather than something that is either sheer luck or low-risk (and low-yield).
>>964724
>Have you already tried to tell them that you are gay
Yes, I have. Came out when I was 17. I started crying and my mom and dad came over and we did a big group hug.
Next question?
>>964742
Maybe not double it in cash, but seems you could leverage one million cash into several times that worth of investments whilst maintaining positive cash flow. Franchises, rental property, etc. Your assets minus liabilities at this point might not be greater than 2 million, but you should be making at least 5-10k month positive cash flow. That should impress him just as much as it's likely what he did. If the OP is too afraid to try this on his own he should be able to partner up with experienced investors since he can bring the cash.
>>964748
Lucky bastard.
>>964756
Yeah, especially since they're Christian Conservatives. The odds were against me.
>>964751
>partner up with experienced investors since he can bring the cash.
If I only knew where to find such enlightened beings... see >>964667.
Even my psychiatrist couldn't tell me.
Not OP but OP's problem should be everyone's problem really. They should teach this shit in schools!
>>964756
Good. In absence of a sincerely loving people around me, my only option in life is being rich. :(
Okay, so this is what I was typing while posting all the short answers.
>>964483
>Businesses are run on risk assessment. Doubling a million in a year's time with no experience, skill, or wisdom? Possible, but risky. The cost of failing that gamble (literally or otherwise) is being left with neither the support of your father nor the support of the money he gave you.
I say: stratification of risk levels (a.k.a. diversification). 80/20.
80 just sits and waits (ultraconservative, low-maintenance investment). 20 something very adventurous (if it is to make the required fortune). Best of both worlds: even if you fail, you still win = end up with basic income for life.
IMO involved risk must be of a particular character: let's call it "malleable", see >>964746. So nothing entirely unproductive such as casino, poker or dumb HYIP schemes. Possibly a human factor because humans are soft and pliable. A good kind of risk is also one that exploits the differences between you and normal people, giving you a competitive edge. This way you can hopefully turn "high-yield/high-risk" into "high-yield/low-risk FOR YOU".
P.S. OP is dead (assuming permanent IP) but I don't care because this thread is valid even without OP. I face the same challenge as OP.
>>964688
Underrated post.
I love you.
Should I spam this thread gently on /b/?
Or will it lower the quality of users?
>>964435
>Yesterday my dad told me I'm his only son
I think this part is most shocking.
>>964833
> OPs dad
> not fathering multiple sons with multiple spouses
Having an only child is a high-risk / low-return investment. If you want to produce a decent heir you have to spread your potential for viable offspring by mating with a diversified portfolio of women with different risks and benefits. A sort of genentic investment plan known as a 'harem'.
All great men throughout history have known this.
OP here, my dad has tried on multiple occasions to get me to foster an interest in his business but I was a lazy shit cunt and just ignored him.
>>964833
I have 2 sisters, one is travelling abroad and the other is still in highschool.
>>965219
You're not going to make either of you happy by following his dream. In your position I'd tell him "give me a million if you like, but I'm not going to try to double it". If he actually went through with it I'd move out, see what I can learn about myself and the world, and do my best to never touch the million itself.
There's a lot of plattitudes that apply to your situation, but ultimately you need to find out what makes you happy and say fuck his expectations.
>>964730
This is the only option, OP has shown no drive in life and likely won't even bother trying to start a business or really, do anything but play games until he loses his fucking mind at age 40 or commits suicide.
Putting all the money on red or otherwise lazily gambling it all away will leave you homeless. If you start a serious business or otherwise do something but fail, your dad might have some glimmer of respect for you and wouldn't throw you out.
>>964963
>A sort of genentic investment plan known as a 'harem'.
Too bad when poorfags attempt to practice this sort of diversified investment strategy on their offspring, LOL = reproduction of poverty = heritable poverty.
Wisely prevented by China (thanks to the Communist Chinese Party, though only until 2013) but not by India (thanks to Hitler's ally Mohandas Gandhi). Effects are clear.
Obviously not an issue with OP's dad.
>>965521
>Too bad when poorfags attempt to practice this sort of diversified investment strategy on their offspring, LOL = reproduction of poverty = heritable poverty.
Actually it was a good strat when kids actually provided a positive ROI, only recently has this stopped being the case with everyone milking parents for $$.
>>965542
>only recently has this stopped being the case with parents being slightly less barbarian and more hesitant to milk children for free slave labour.
Fixed for you.
It was positive ROI for parents but how was it making children and, subsequently, the whole society, rich? See India vs. China for one model.
>https://en.wikipedia.org/wiki/Antinatalism
Here, a thing about the economics of... existence. By giving someone new life (as opposed to saving an existing life), you give them a debt. You (the parent). Not them. You owe it to them... not the other way round.
It was the wickedness of the Old World Order that parents added insult to injury of their children by:
(a) Distorting the reality to the point of inverting it and calling a debt a gift. #ParentTroll
(b) Literally cannibalism and sacrificing their first-borns on God's altar. (As late as until European conquest of America.)
(c) Trading them as slaves. (As late as until abolition in America).
(d) Using them as free domestic service, free labour and family goldmine. (As recently as child beggars and Michael Jackson.)
(e) Brainwashing children on behalf of the government and the society at large. (Of which false religious indoctrination is relatively lesser harm.)
This NON-SEXUAL ABUSE was initially curbed by Abraham of the Old Testament, then by Jesus Christ of the New Testament (who, roleplaying the only son of God, sacrificed himself so that other sons don't need to). But none of this will be complete until humans ultimately replace the cult of ancestors with the cult of descendants.
>>965542
>>965615 continued.
A fulfilled life _is_ precious and worth living but it's definitely not cost-free. This fact may not be clear in natural environments, where so called "God" used to supply His creatures with all they needed for survival. But:
1) Homo sapiens is a cultural rather than natural creature: it differs from other animals in that its offspring is not born self-reliant.
2) He also differs from other animals by having rudiments of intellect and therefore greater needs than mere survival. Actually even many animals do to an extent: only see what impact zoo or farm existence has on them.
3) This fact becomes clear as our habitat becomes more and more artificial and our survival begins to depend on technology. Try telling your son born on Mars that you don't owe him oxygen supplies for life and that he must earn his oxygen. Or try telling your son born with a crippling condition that it's his problem, not yours. (Even more significant when predictable.) #ParentTroll
>InB4 seek psychiatric help
Cerebral activity is not a disorder.
>>965615
>It was the wickedness of the Old World Order
...the /pol/ World Order, shall I add.
>>965616
This is clearly something you've been thinking about for a long time.
>>964435
Having 1 mil and still go ask for advice from 4chan. You're out of hope, mate.
>>964523
Are you rich? If not, don't give advice. If you are, then congra.
>>965631
My conflict with the received "wisdom" has started at around the puberty. Sexuality is a great liberator. (That's why repressing it is a prerogative of all tyrannies.)
ok OP so here is what you do
you tell your dad that you did your research and you thought about it and that you are sorry
tell him that you will not take his money and that you will not double it even if you take it
tell him that you understand what he means and decided that it is time to grow up and ask him to teach you his business
this is all bullshit of course, but this way you can continue playing video games while doing a little work
>>965219
>but I was a lazy shit cunt and just ignored him.
>I was lazy
1. You said that you spend all days playing videogames, so you are obviously not lazy, you just find games more exciting than business.
2. Let me tell you something: videogames are fun for people who have no real opportunities in life. They are an escape (the latest form of "opium for the masses") which you don't need because you can have real adventures. Real Life is the coolest, most thrilling, most realistic 3D game you will ever download.
3. Or... have you considered virtual economies? Some people have made non-virtual fortunes as traders in Second Life and the like. #BestOfBothWorld #WinWin
4. "Lazy" is a concept invented for the working class, so I guess your dad's parents weren't rich. Unlearn it and stay rich.
>>965219
Holy fuck, I'm a complete opposite. My dad runs an advertising ad business and I liked it so I asked if he can open another branch so I that I can work on it, but he's like, dude, you should try another business experience and you might like it.
Fuck that though.
Doubling your investment would be incredibly hard. Assuming you have no skills or contacts in the business world, and haven't done business before, it's almost impossible unless you get incredibly lucky during a black swan event.
Your Dad hates you. Don't squander your 1 Million on risky investments trying to placate him.
I would buy up low-cost-of-production commodity stocks as they near their lows of 2008, and perhaps invest a little overseas to play on the strength of the dollar (Canada, Australia, Russia, NZ).
Try to invest most of it into something that gives you a good yield, and thus can continue your NEET lifestyle. There is nothing wrong with being a NEET.
>>965652
>80/20
Viable strategy, but I guess it depends on what you term low risk/high risk.
Personally I'd just wait until a particular sector collapses, and then diversify my investments among the top performing companies of that sector and average myself in.
If US interest rates rise, commodities like oil and gold are going to take a shit.
>>965640
good plan, listen to this guy OP
>>965659
Though you seem exclusively into stock markets, which is as passive as casino gambling, and marginally more productive than it (in addition to being infinitely more rational and lucrative than it). Stock trading gives small traders no control over risks, you can only accept them or refuse them. In result of this, the inevitable price of high-yield is irreducible high-risk.
Meanwhile I'm in favour of active, hands-on business in the high-risk band/stratum of portfolio. See >>964746. Something along the lines of >>964688 or Second Life (or some more recent virtual world) playing for money.
That's because hands-on business allows you to manipulate involved risks without needing to be a billionaire and:
>hopefully turn "high-yield/high-risk" into "high-yield/low-risk FOR YOU". (>>964822)
Hopefully not just my delusion of control manifesting itself.
>>965643
Kill yourself
>>965643
Kill yourself
>>965643
opiate*
virtual economics is for children, big money isnt there but if you love videogames whatever.
>>965712
>>965714
>>965715
These guys find me everywhere. They must be Anonymous.
>>965733
>virtual economics is for children
1. That's what I said in §2.
2. That's what OP is.
3. Better to make a little money in games than lose all in casinos.
4. Some players have made proper fortunes in Second Life.
5. My knowledge of this topic is very dated but I see no reason why virtual economies should go away. They may be temporarily out of vogue = the best moment to dive into them? Perhaps mix this idea with AI?
>but if you love videogames whatever.
6. That's it. I don't. But OP clearly does. Which enables that lucrative integration of business and insight (and fun).
7. Just one idea of many.
>opiate*
Thank you. People don't correct each other often enough.
>>965733
>big money isnt there but if you love videogames whatever.
8. One way North Korea profits from forced labour camps is by making inmates play MMORPGs. [Citation available.] You can say many things about that regime but "stupid" is not one of those things.
>>965733
>opiate*
I cross-checked all combinations :).
https://archive.is/2015/https://www.google.com/trends/explore?q="opium+of+the+masses",+"opiate+of+the+masses",+"opiate+for+the+masses",+"opium+of+the+people",+"opiate+of+the+people"
= https://archive.is/Fd7DZ
Collaborative learning is best learning.
>>964435
Are you Donald Trump?
>>964435
>take the million
>go to Thailand or other shitcountry
>live on $100 month and bitches
>teach pap about risk assessment
>fap to elephants you sick fuck
>this is your job m8
>>965774
In its original german it is "opium" but its often changed to "opiate" when translated to english. I always heard opiate of the masses but as time goes by we dont like words that are different so opium is used.
Honestly didn't know that they were both valid.
Ok, I will give you some serious advice here which is DOES work as I do it myself.
I work in construction in Australia. I am a project manager for a tier 2 developer.
I was introduced to this by my boss who has been doing this since mid 2000's.
He has learned which developers build quality buildings and which ones typically retain their value the best.
He now purchases from these developers off plan apartments at valued locations.
He then sells these imminently after waiting the 3 years for completion and makes at least 100k profit per unit.
I have done this twice already buying from Mirvac.
My most recent purchase was at Harold Park in the city of Sydney. This will complete in June.
This strategy all depends on your city though and country.
>>966457
I hear Australia is in the middle of a housing bubble
>>964435
On today's episode of: OP is a Liar
>OP is a worthless NEET with working class parents
>OP fantasized about rich parents to give him money. In exchange, in this fantasy, his parents are rude to him.
>OP can't even be a winner in his own fantasies, so he asks us for his fantasy advice.
You absolutely know it's true, OP.
>>966473
It is. I had a 60 year old lady who I had never met before try to get me into real estate.
>mention I don't own my own home because I think real estate is overpriced
>oh no, don't buy shares, you need to get a mortgage now
It's pretty fucked. So much of Australia's wealth is land
>>964737
>cant double YOUR money
I dont think neet OP can double 1 million dollars in a year. Im certain that OP can double one dollar in a day tho if he spends the dollar on a bus ticket to get somewhere where i can suck a cock for $2.
>>964740
this guy gets it
>>964742
>I'm not a millionaire, but I imagine you can double a million in a year fairly reliably if you know how what to do with it.
>if you know how what to do with it.
OP is a neet btw. Also sure if you want to be real risky but i just dont see OP doing that.
>>965457
100% this
>>964442
this< dat 1 baby policy is gone now
do what trump did his dad did the same thing by ging their son a small loan of 1 million dollars
>>964435
Why didn't he spend any time teaching you the family trade, then?
>>966221
>2015
>Thinks there are cheap countries.
If there's any, it's the US.
In 2015:
Russians do shopping in Poland,
Poles do shopping in Britain,
Britons do shopping in the US.
Not because of quality but because of prices.
Normal flats in Beijing cost more than in London. And I remember when London was the most expensive city in the world.
The only valid reasons to leave the US would be to escape the sexually repressive culture, the military-police state and American crime levels. But a Third World country can't offer you an improvement in the latter... (Please let me know if there's any.)
>>966546
Funny JPG.
I want a reality show where OP and other people do this.
OP, make this reality show, licence it all over the world and win/win.
The era of work is over, all people must learn how to be millionaires or die.
Mexican workers should be your least worry.
Mr. Trump should do this reality show, to teach people living in a society without work, instead of promising them Mexican jobs.
>>964435
>put million into long term bonds
>tell your dad to fuck off
>move out, become comfy
Is Op present?
>take the money
>move out
>be frugal and spend the rest of your life living of the million bucks
>never speak to dad again
>problem solved
>>967054
I would settle down in singapore
>>967064
>>964538
...This isn't politics.
>>967241
>Free healthcare
>>964435
Assuming you're not a troll (doubtful), what kind of a transcendental idiot do you have to be to not learn about being rich, from your own father, nonetheless?
Most people would kill to be in your shoes.
Heres a 150th option. Get into real estate. Ive not had the luxury of being born into wealth nor have life events allowed me to be (sickness in early 20s left big debt and satanic ex wife in 30s fubar'd it all), but if you want to get into real estate and flip houses, ill do the work, we can work out a deal for you to do what u want and me get to play with houses (thats my passion) and we both make good money. Bubbasmith040 at gmail if you are interested. Yea, its a psudonym, im middle class broke, not entirely stupid.
>>964435
>He told me that for Christmas he is going to give me one million dollars and if I can't show him two million by the end of next year he never wants to see me again.
Fuck your dad. Put that million dollars in the bank and live off the interest for the rest of your life.
>>964447
THIS
Invest in Brazil, so you will get like, R$3,8KK. ($1 = R$3,8 today).
Buy PTR4 shares (currently at R$7,7).
By the end of 2016, everyone predict that PTR4 will be at least R$13 and $1=R$3,30, or lower.
You will $1,950KK, which is close enough for your father to take you back.
>>964483
>Assessment over. I think we know which is the sounder investment. Don't blow this opportunity on some dumb battle of wits and pride.
I don't ENTIRELY disagree with this, but OP should definitely try to figure out a way to get a passive income. God only knows if OP's shit-eating dad will want to reclaim the money.
Invest in drugs
>>967249
>wwvv
nice dubs
use your money to defeat the jews. invest in propaganda
http://www.forbes.com/sites/russalanprince/2014/05/16/what-is-wealth-management/
>>968881
>Poison of liberalism
>10. Liberalism produced Constitutional States, which took the place of what was the only safeguard of the GOYIM, namely, Despotism.
So Zionists have "poisoned" America by giving it the Constitution and (presumably) independence from the British Crown, and replacing feudalism with democracy and capitalism... Does /pol/ even read what it spreads?
>Gentiles are stupid
>Gentiles are cattle
1. Well, aren't they?
2. How is this Zionists' fault?
If your intention was to turn me into a Zionist, you did a great job, anon.
>>964435
Buy very many csgo skins over paypal
gamble on skin gambling sites
Bet on esports games
trade weapons
How I made $1800USD of a 1$ drop i got in a game over a year casually playing the game in my free time
If, you love video games, and you like money, csgo is the game for you
>>964435
Come to Mexico, you're money will double in pesos
Be my friend and gib money pls
