>Excessively stupid video granting them tons of shares and views on social media, basically free advertisement >Libetard willing to talk shit about trump on video for little to no compensation >Make t-shirts and hoodies for like $1 in China >??? >Profit
Let's have a thread where we try to come up with a rough idea of what the 'best' path to financial success would look like. For the purposes of this discussion, let's define financial success as earning $500k - $1M / year with as few working hours as possible, even in the process of amassing the wealth (which pretty much excludes things like working 14h/day 7 days a week for 15 years in IB and then retiring).
Let's also assume that the person for whom this plan is designed is of above average intelligence. Let's again define this as being smart enough to earn a degree up to and including the master's level in any field (engineering, science, economics etc.) with good results.
Lastly let's assume this person was born into the middle class, i.e. negligible inheritance to work with
First of all I would argue that entrepreneurship is *not* the way to go considering how much time and energy one would have to dedicate, and even with that, the high failure rate. I'll leave it to you to rebut this and to come up with other paths to eliminate.
The best plan I can think of is this: >Earn master's degree in financial engineering / mathematical modeling / comp sci / numerical physics or some other field mixing mathematics, comp sci and some angle of application >Save large portions of your income once you start working >Invest in a mix of long term stable funds and high-risk stocks in an area of personal expertise >Also invest in real estate and compromise parts of the profits in exchange for a management company freeing up your time.
How to get positive feedback on eBay to start selling, assuming you're willing to spend some money to get it? I assume you could buy very cheap items, but how to know whether the seller will leave you positive feedback?
Also, once you've got a Yellow Star, would it be very easy to sell stuff?
>>1063377 I think I didn't explain it well: I want to start selling stuff, but I have 0 feedback.
I want to buy random cheap stuff from other sellers, just so that they would leave me positive feedback (so that I would be able to sell easily), but how do I know whether they would leave me the said positive feedback? Is there a way to check?
>>1063420 Most leave feedback, maybe not immediately. Buy from a smaller company who might have more time to leave feedback quicker.
If you want to check, look at their feedback and then the feedback of the person leaving the feedback, and look for one's from the seller... If that makes sense. Just buy a load of cheap shit, you'll get feedback quickly.
>>1063351 I worked for C&S which is one of the largest privately held companies in the U.S. The owner, some jew named Cohen, is in the top 10 richest people in the U.S.
The physical aspect that they ham about is pretty accurate. My back was always sore at the end of the day. If you get a really bad assignment first thing in the morning or at the end of a 9+ hour shift, you are going to want to just go home and fall asleep.
Like, if you get a heavy ass assignment to put together a pallet of meat (boxes weigh from 25 to over 100 pounds) at the end of the day, you are going to be struggling get those heavy boxes on your shoulders and up on the top of the pallet. Same thing for having your first assignment be half a pallet of 50 pound bags of potatoes.
I worked in a refrigerated place, so the first assignment sucked cock usually because you wake up being tight already and then the cold temperature makes you way tighter.
I would recommend this job to anyone who has worked a tough warehouse job before. If you can handle throwing around 25-75 pound boxes all day here, you can do it there just as well.
If you are an incentive selector, they will pay you based on how fast you go. If you were given 25 minutes to build a pallet of vegetables/fruit and you do it in 20 minutes, that's like 20% faster. So they pay you your base pay +20%. To be honest, most people hover around +10%. Some days you will feel shitty and only make 95-100%, most days you will make about 105%.
There is money to be made after like 4 or 5 months when you learn what type of pallet you're going to be building based on the first layer or 2 of shit you put on. Then you can start going faster and hit 120% on some days.
Where I worked, we had people who were hitting 200% ($30/hour), but you have to wonder why all of them chose to become trainers and take a paycut.
I'm NEET now because I just found out I can't pay for college. What do? I know I need to get a job but how do I make all of the money in the world if I can't be an engineer? I am willing to work my ass off and get creative.
inb4 suck cocks inb4 rent out orifices inb4 kill myself
I want to build up a private income from stocks and bonds.
Specifically, I'm buying for dividends and coupons, not for appreciation of stock or bond value.
As far as I can tell, 5% is an average annual return. I would reinvest three fifths of the return to counter inflation, then keep two fifths as income.
I am obscenely patient, which is just as well, because I have to start small. I want to establish an inflation proof income with the value of $1 per day. Then I'll do it again, and again, and again. But baby steps.
Based on my figures,... Comment too long. Click here to view the full text.
>>1063296 7.7 is the s&p return over time, dont go for dividends, buy stocks and sell the gains and just pay the asmall 15% capital gains tax and you'll be a few % ahead of things over time (go play with a compound interest calculator and see what 1% does over 20 years when youre talking real money)
So going from lets call it a 7% return, with you having to reinvest 3% to hedge against inflation (you said youre being conservative) that leaves you 4% drawdown from the nestegg per year
meaning for every... Comment too long. Click here to view the full text.
First off, you're not buying crude with 1000$. You're not even close to the margin requirement. Secondly, it's a good bet but trying to run a directional when you have no clue on what youre doing is bound to backfire. So yes op. Go buy some.
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