eJaguar

eJaguar t1_jdrz8vc wrote

>People usually die soon after retirement. If the nature of 'work' is enjoyable and promotes a healthy lifestyle, why not extend it as long as possible?

that's a feature for the modern aristocracy. make them as much money as possible, and then die after you are unable to do so any longer so they don't have to pay taxes to support your deprived elderly ass. iirc like a quarter of people or something like that don't make it to retirement age anyway, toss a coin twice and see how many times in lands on the time face twice in a row, that's the chance of you not even seeing retirement age, especially in good health.

these are very pretty assumptions that i don't think take into account the automated kill drones that are going to be around this time. misouri effectively made it illegal to be homeless, the poor are viewed with contempt in the USA, even by other poor people. unless something dramatically changes culturally in fly-over USA, things seem like they're just going to get really fucking grim for many people, as they already are now.

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eJaguar t1_jdry0be wrote

same but i'm in my mid-late 20s i'll let ur know thru ouja board how it works out.

tbh i'm utterly terrified of reverting back from blacksmith to serf. the modern aristocracy will flood the streets with blood to retain their positions of privilege, this time with automated kill drones, so i'm trying to invest as much as possible now in the scenario that things unfold in such a way that I lose my position of blacksmith.

filed 4 my llc in delaware literally a few seconds ago so maybe that will work out too, but seeing how america treets socioeconomic problems as-is, im goddamn terrified

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eJaguar t1_jdrxmjo wrote

> how can you pick a career - any career- and expect it is still going to be viable in 10 years?

the same reason how i ended up in this 1, which is the same as yours

be good at something people want to pay you for. be really good at something people want to pay you for, stand up for yourself, and you'll eat really good.

at the end of the day, i'm good at making $, all a career is at the end of the day is you producing more $ for somebody else than they pay you. the job of 'youtuber' didn't even exist 15 years ago. what you do is really engrave a love of learning into your kids, show them all the cool stuff they can do that other people don't even understand, and really emphasize exactly how brutal capitalism is in the united states and how horrific their lives will be if they're not able to generate substantial value for others.

this whole idea of 'picking a career' is and has always been meme anyway. you remove the bazillion layers of red tape and beaurcracy required to do $x job, and instead have some assessment process that demonstrates provable competency (similar to the BAR), allowing people to more easily transition between 'career' paths. this seems especially important considering that chatgpt 3.5 as-is is already a better teacher than any I had in public school.

a decade ago i had already developed an intense hatred for institutionalized education anyway, why do i have to waste my time in this fucking prison to learn shit that i could, and often did, learn in 30 minutes on the internet. with chatgpt, i couldn't even imagine being a student now being forced to waste my childhood in an environment akin to a fucking jail doing shit i knew was pointless and not applicable to the world as it is now, much less in 5 years.

with the death of institutionalized education, the death of the 'career path' soon follows

just my opinion.

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eJaguar t1_j2db3yq wrote

>It's real. That was my life savings at 24. My choice now is what? Gamble more? Prove everyone either right or wrong? Either way I won't be happy. Rather take my 4k cash and just work until I have 10k. Now that, that's enough to yolo myself back to utopia.

Forget any other strategy other than: use macrotrends.com to identify good securities to purchase, and then do that consistently daily/weekly/monthly until you have re-built your capital base.

Again, I started from below 0 this year, it SUCKED looking at $2.1k in there knowing that I could’ve easily had $200k. But again, tree.

Your new number #1 goal is not losing $, profit comes after. Do not buy cashflow negative companies. Diversify into as many industries as is sensible based on your specific research, I have specific inance and tech hardware stocks I want to develop more equity in by the end of the month. Try to look at things from a % perspective only, not $ amounts.

>I'm a wage slave, max I can save a year is about 20k, and that's a fervid pipe dream, because it doesn't account groceries.

My only monthly mandatory expenses end up around $800 or so, and I make around the six figure mark. My front car bumper is fucked up from when my brother wrecked it, I just recently threw away a pair of shoes that were literally both duct taped, I got used to living in poverty, once I got the “not even $10” mentality down especially I was able to find even more room for investment while the market is down across the board. Not gonna be the case forever you know.

>That's how I know shit will go up soon, because I'm belly up. I blew my opportunity to go long with my capitol. I don't have anything besides a basement room with mom🤣

again dude, i started this year, unless u have rich family members or start a business theres not any other way to achieve financial freedom

>I watched margin call and cried because I wish I had an opportunity at a formal education.

I tried to drop out of highschool, no college, but am literally a hacker in both senses of the word so I ended up writing code professionally, which pays ok. Education is a joke in the US, chatgpt will do a better job than 98% of educators for anybody sufficiently self-motivated and curious.

>Not trying to be depressing, and obviously I've done this to myself, but holy fuck, this is a lesson to learn. 40k debt. I started this year with 4k debt. Car blew up out of nowhere, I don't keep more cash that 3k, so my 2012 Camry cost 1k down, (28k after interest for 5 years)

When I was 22 I was crying in my mom’s kitchen thinking I threw away my shot at entering the profession of the first job I was ever hired for (19, full stack developer), and my future (mainly due to unmedicated adhd…) was FUCKED and I could never look forward to anything more than a $11/hr job at the local warehouse 25 mins away. And then from age 22, my life got substantially worse even, lmao

Once again, Tree, it sucks but you only have one responsible choice here.

>I'm a fucking idiot lol. I'll be back in the market at some point. Always gonna be another opportunity. I will not blow it this time. If it does happen.

Again, focus on not losing money #1 and anything else after

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eJaguar t1_j2d8749 wrote

another important thing i had to realize is one's really on their own in this society. i make good money with rock-bottom cost of living in a state with no income tax, but the very people who were supposed to help me medically were often at best a roadblock and at worst actively detrimental. i take living sovereign very seriously, i have too, I had to (unintentionally) learn about pharmacology, organic chemistry, neuroscience, things of that nature to be able to confidently make medical decisions for myself when surrounded by [at best] inadequate "professionals"

being able to manifest that agency into the world, and having the results speak for themselves, well it instills a feeling of freedom that is hard to put into words, my stocks enhances that freedom by providing financial security. i still live like a scruff but put more than the total cost of my car into the market monthly

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eJaguar t1_j2d7dlx wrote

btw everything i learned about life that allowed me to go from literally homeless to the main breadwinner in my family in less than a year, it's much harder coming to terms with the fact that you fucked up at 65 than 26. that is the situation my mom is in. both financially and physical/cognitive health. other than a few missing molars, i have no criminal charges, a mostly clean bill of health (i quit smoking and have no missed a single day of cardio yet since i started [3-4 mins at a time max])

but yeah dude i had to come to terms with the fact that both my current salary as well as any investments i had tossed away because i hadn't yet figured out the right combination of molecules that work optimally for me (bupenorphine, phenibut, boatloads of [LEGAL HEMP BILL FUCK OFF FEDS] cannabis, and amphetamine(s) on workdays or the occasional night where I need to correct my sleeping schedule by staying up.

it is absolutely crushing to only realize how to properly plant a tree at 65+

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eJaguar t1_j2d6pcq wrote

4 days from a year ago i was facing complete financial disaster and I started from below 0, moved back in with mom, i'm 26 and i've been able to put $25-$100 into the market daily every day since about sept after paying back every friend who had ever loaned me money (for the 2nd time lmao, corpos don't get a penny)

i was mining dogecoin at difficulty 2, then 8, I literally was in the irc channel on release and mined several million with a single 6870. I've had multiple (theoretical assuming i sold at peak) 7-8 figure crypto opportunities pass me buy. i could've easily had 200k in the market had i figured my shit shit out. now at 26, i consider myself unfathomably blessed, beautiful life with an actual professional occupation. i could've been making 6 figures at 19 had I behaved optimally, or was able to stream video games when I was top ranked in overwatch/csgo/LoL (had the skills but grew up with absolutely abysmal internet in the rural south)

The best time to plant a tree was 10 years ago, the second best time was today, and every day until that tree gets planted will be the best day to plant the tree. You see what i'm saying? I've made many, many mistakes in my life, and reflecting back on the amount of suffering I've experienced from irresponsibility, knowing that it could be avoided, that hurts.

my main issue ended up being adhd which has been completely resolved by amphetamine(s), but i've lived a very traumatic life so I had all sorts of other issues as well, a true multi-combo-value situation!

how do you think i feel knowing that i spent basically 9 years being a total peice of shit, and had nothing but dent to show for it? the van i was living out of was repossessed. it SUCKS only being able to build up my portfolio (after my company's 6% 401k match) $25-$100 per day, it's finally reached about the 10k mark but it's been a slow grind.

next time you're sending money to the tradey app, instead of buying options buy ~20 positive cashflow stocks spread out across ~10 different industries, this is the only reason i am not negative. my approach focuses first on not losing money, everything afterwards is gucci, maybe adopt that instead of 98% losses? it would have been literally impossible to be down more than 30%, and hard to be down more than 15% if you're not a total moron in your choices. try and ensure that the vast majority of your stocks pay a decent dividend as well, especially in uncertain economic conditions the only stocks i own that do not pay a dividend are amazon and google, and i bought amazon before i really knew what i was doing, i probably wouldn't today. long term i'm not worried but i could've chose a better performing security with that $

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