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Financial competence 101
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2016-02-08 at 12:35 AM UTC
Doesn't if you're an idiot and waste it. The key factor is education.
Sorry, but most of the richest people I know just pay others to manage their money for them while they live lavishly.
If you built something "from the ground up" and want to handle your assets alone that's totally fine, but managing 40 million USD in through securities by yourself is going to be a full time job in and of itself.
Also, if you had nearly the amount of money that you said you did, I would think that you'd know a trip around the world or traveling wouldn't even spent a fraction of your liquid assets. -
2016-02-08 at 12:42 AM UTCI can spend $200 a day being a homeless drug user. Fuck trips around the world nigga it takes me 6 hours from a launch pad in Kahzkakstan to a space station floating near the moon and 200,000$/day to feed me and supply myself with space meth and feed my space cats (SC stands fot SPACE CAT)
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2016-02-08 at 12:54 AM UTC
Sorry, but most of the richest people I know just pay others to manage their money for them while they live lavishly.
Anyone who has any form of money or investment "manager" is a retard. Have fun funding his Bugatti with the fees they'll barrel up your ass. There is no difficulty in managing your own money with the proper tools, knowledge and by working with the appropriate organisations.
If you built something "from the ground up" and want to handle your assets alone that's totally fine, but managing 40 million USD in through securities by yourself is going to be a full time job in and of itself.
Also, if you had nearly the amount of money that you said you did, I would think that you'd know a trip around the world or traveling wouldn't even spent a fraction of your liquid assets.
Additionally, I worked for every penny of this, and I have no interest in digging deep into it at the age of 29. I've basically taken a 2 year vacation so far to clear my head and the purpose was to put myself in an appropriate place and headspace to begin planning to start another business with this.
My ambitions aren't as shallow as "cash out and retire". I've simply built myself a safety net with which to go further.
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2016-02-08 at 12:59 AM UTC
Anyone who has any form of money or investment "manager" is a retard. Have fun funding his Bugatti with the fees they'll barrel up your ass. There is no difficulty in managing your own money with the proper tools, knowledge and by working with the appropriate organisations.
Yeah but I don't know shit about mutual funds and high risk high yield bonds which a second opinion is good to have, most millionaire hire pros to tell them where to put their money. Never more than 20% in one sector is all i know. -
2016-02-08 at 1:09 AM UTC
Anyone who has any form of money or investment "manager" is a retard. Have fun funding his Bugatti with the fees they'll barrel up your ass. There is no difficulty in managing your own money with the proper tools, knowledge and by working with the appropriate organisations.
Additionally, I worked for every penny of this, and I have no interest in digging deep into it at the age of 29. I've basically taken a 2 year vacation so far to clear my head and the purpose was to put myself in an appropriate place and headspace to begin planning to start another business with this.
My ambitions aren't as shallow as "cash out and retire". I've simply built myself a safety net with which to go further.
If those are really your perspective and goals, then I fear you might be making a huge mistake.
There are people who spend lifetimes learning the intricacies of tax law alone, which still changes every year. It's one thing to be a vigilant steward of your resources, but it's a completely different story to be so delusional as to think you're going to optimize your investments by what you've read in your free time. Even if you studied this non-stop, the learning curve on understanding economy, finance, tax law, and which investments are the best would take you a lifetime.
Granted, I'm the one cleaning up other peoples' shit for a living, so I'm not going to talk down to the millionaire. What I will say is that I have worked with very wealthy people and watched a lot of them blow through their money because they were so distrustful of legitimate authorities in the field.
All that being said, if you want to hire a really competent academic who will do basically anything for the right price, just let me know. I don't know what business model you have in mind, but I can even send you a resume (I'm going to block out all PI on it though with the exception of a way to contact me).
Seriously, I'll relocate anywhere in the country and my entire skill set is at your disposal for the right price. -
2016-02-08 at 6:15 AM UTC
tl;dr - It's who you know and who you blow. Anyone who thinks otherwise is living in a fucking bourgeoisie fantasy-land.
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2016-02-08 at 6:17 AM UTC
If those are really your perspective and goals, then I fear you might be making a huge mistake.
I honestly don't know wtf you're posting the gigantic paragraph for. I'm not saying I am micromanaging my money and I take zero help from anyone. That's also retarded and I would be stupid to presume I could manage it all from the ground up if I dedicated 10 lifetimes to it, and I have zero desire to do it either since, as you said, it would take up all my time to just keep myself afloat. That defeats the purpose of being retired.
There are people who spend lifetimes learning the intricacies of tax law alone, which still changes every year. It's one thing to be a vigilant steward of your resources, but it's a completely different story to be so delusional as to think you're going to optimize your investments by what you've read in your free time. Even if you studied this non-stop, the learning curve on understanding economy, finance, tax law, and which investments are the best would take you a lifetime.
Granted, I'm the one cleaning up other peoples' shit for a living, so I'm not going to talk down to the millionaire. What I will say is that I have worked with very wealthy people and watched a lot of them blow through their money because they were so distrustful of legitimate authorities in the field.
All that being said, if you want to hire a really competent academic who will do basically anything for the right price, just let me know. I don't know what business model you have in mind, but I can even send you a resume (I'm going to block out all PI on it though with the exception of a way to contact me).
Seriously, I'll relocate anywhere in the country and my entire skill set is at your disposal for the right price.
I am specifically talking about your reference to "paying others to manage their money". By this I can only assume you mean the hiring of individuals (such as yourself, as you have indicated) with titles like "money manager" and "investment manager", because those are the tyles you " pay to manage your money". This is and always has been retarded. The only people who would benefit from the services of such people are the utterly inept.
But I'm always looking for a good man for other reasons. PM me your resume. I'm not downloading anything so copypaste any text into the message and format it appropriately.
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2016-02-08 at 6:22 AM UTC
That is why you are not rich. The reason why rich people have a lot of money as opposed to not having a lot of money is that they have not spent their money. What you are talking about is a poor mentality, and why lottery winners go bankrupt.
You need to change your relationship with money.
K, so like, can you like loan me tree fiddy. -
2016-02-08 at 6:26 AM UTC
K, so like, can you like loan me tree fiddy.
[FONT=Arial][SIZE=14px]Dear Respected One, [/SIZE][/FONT]
[FONT=Arial][SIZE=14px]GREETINGS,[/SIZE][/FONT]
[FONT=Arial][SIZE=14px]Permit me to inform you of my desire of going into business relationship with you. I got your contact from the International web site directory. I prayed over it and selected your name among other names due to it's esteeming nature and the recommendations given to me as a reputable and trust worthy person I can do business with and by the recommendations I must not hesitate to confide in you for this simple and sincere business. [/SIZE][/FONT]
[FONT=Arial][SIZE=14px]I am Wumi Abdul; the only Daughter of late Mr and Mrs George Abdul. My father was a very wealthy cocoa merchant in Abidjan,the economic capital of Ivory Coast before he was poisoned to death by his business associates on one of their outing to discus on a business deal. When my mother died on the 21st October 1984, my father took me and my younger brother HASSAN special because we are motherless. Before the death of my father on 30th June 2002 in a private hospital here in Abidjan. He secretly called me on his bedside and told me that he has a sum of $12.500.000 (Twelve Million, five hundred thousand dollars) left in a suspense account in a local Bank here in Abidjan, that he used my name as his first Daughter for the next of kin in deposit of the fund. [/SIZE][/FONT]
[FONT=Arial][SIZE=14px]He also explained to me that it was because of this wealth and some huge amount of money his business associates supposed to balance his from the deal they had that he was poisoned by his business associates, that I should seek for a God fearing foreign partner in a country of my choice where I will transfer this money and use it for investment purpose, (such as real estate management). Sir, we are honourably seeking your assistance in the following ways.[/SIZE][/FONT]
[FONT=Arial][SIZE=14px]1) To provide a Bank account where this money would be transferred to.[/SIZE][/FONT]
[FONT=Arial][SIZE=14px]2) To serve as the guardian of this since I am a girl of 26 years.[/SIZE][/FONT]
[FONT=Arial][SIZE=14px]Moreover Sir, we are willing to offer you 15% of the sum as compensation for effort input after the successful transfer of this fund to your designate account overseas. please feel free to contact ,me via this email address [/SIZE][/FONT]
[FONT=Arial][SIZE=14px]wumi1000abdul@yahoo.com[/SIZE][/FONT]
[FONT=Arial][SIZE=14px]Anticipating to hear from you soon. [/SIZE][/FONT]
[FONT=Arial][SIZE=14px]Thanks and God Bless. [/SIZE][/FONT]
[FONT=Arial][SIZE=14px]Best regards. [/SIZE][/FONT]
[FONT=Arial][SIZE=14px]Miss Wumi Abdul [/SIZE][/FONT] -
2016-02-08 at 6:28 AM UTClolololololololololllllllllll
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2016-02-08 at 6:31 AM UTC
[FONT=Arial][SIZE=14px]Dear Respected One, [/SIZE][/FONT]
[FONT=Arial][SIZE=14px]GREETINGS,[/SIZE][/FONT]
[FONT=Arial][SIZE=14px]Permit me to inform you of my desire of going into business relationship with you. I got your contact from the International web site directory. I prayed over it and selected your name among other names due to it's esteeming nature and the recommendations given to me as a reputable and trust worthy person I can do business with and by the recommendations I must not hesitate to confide in you for this simple and sincere business. [/SIZE][/FONT]
[FONT=Arial][SIZE=14px]I am Wumi Abdul; the only Daughter of late Mr and Mrs George Abdul. My father was a very wealthy cocoa merchant in Abidjan,the economic capital of Ivory Coast before he was poisoned to death by his business associates on one of their outing to discus on a business deal. When my mother died on the 21st October 1984, my father took me and my younger brother HASSAN special because we are motherless. Before the death of my father on 30th June 2002 in a private hospital here in Abidjan. He secretly called me on his bedside and told me that he has a sum of $12.500.000 (Twelve Million, five hundred thousand dollars) left in a suspense account in a local Bank here in Abidjan, that he used my name as his first Daughter for the next of kin in deposit of the fund. [/SIZE][/FONT]
[FONT=Arial][SIZE=14px]He also explained to me that it was because of this wealth and some huge amount of money his business associates supposed to balance his from the deal they had that he was poisoned by his business associates, that I should seek for a God fearing foreign partner in a country of my choice where I will transfer this money and use it for investment purpose, (such as real estate management). Sir, we are honourably seeking your assistance in the following ways.[/SIZE][/FONT]
[FONT=Arial][SIZE=14px]1) To provide a Bank account where this money would be transferred to.[/SIZE][/FONT]
[FONT=Arial][SIZE=14px]2) To serve as the guardian of this since I am a girl of 26 years.[/SIZE][/FONT]
[FONT=Arial][SIZE=14px]Moreover Sir, we are willing to offer you 15% of the sum as compensation for effort input after the successful transfer of this fund to your designate account overseas. please feel free to contact ,me via this email address [/SIZE][/FONT]
[FONT=Arial][SIZE=14px]wumi1000abdul@yahoo.com[/SIZE][/FONT]
[FONT=Arial][SIZE=14px]Anticipating to hear from you soon. [/SIZE][/FONT]
[FONT=Arial][SIZE=14px]Thanks and God Bless. [/SIZE][/FONT]
[FONT=Arial][SIZE=14px]Best regards. [/SIZE][/FONT]
[FONT=Arial][SIZE=14px]Miss Wumi Abdul [/SIZE][/FONT]
Too old. I want a loli harem and i'll give you my banking info upon delivery of said harem. I will however make a deposit of 0.025 dogecoin to your wallet as a sign of good faith. -
2016-02-08 at 4:21 PM UTC
I honestly don't know wtf you're posting the gigantic paragraph for. I'm not saying I am micromanaging my money and I take zero help from anyone. That's also retarded and I would be stupid to presume I could manage it all from the ground up if I dedicated 10 lifetimes to it, and I have zero desire to do it either since, as you said, it would take up all my time to just keep myself afloat. That defeats the purpose of being retired.
I am specifically talking about your reference to "paying others to manage their money". By this I can only assume you mean the hiring of individuals (such as yourself, as you have indicated) with titles like "money manager" and "investment manager", because those are the tyles you " pay to manage your money". This is and always has been retarded. The only people who would benefit from the services of such people are the utterly inept.
But I'm always looking for a good man for other reasons. PM me your resume. I'm not downloading anything so copypaste any text into the message and format it appropriately.
I wasn't talking about managing your money for you but I will send you a resume with all the PI taken out.
<3 -
2016-02-08 at 6:13 PM UTC
lolololololololololllllllllll
EAhr WJO yeah WHAT IS IT GOOD FOR Ab$0/∆∆∆∆∆∆∆∆ly nothing SC SPACE CAT -
2016-02-09 at 12:08 AM UTCHey I sent you that resume.
You should read it. -
2016-02-09 at 4:29 AM UTCI did read it, but I don't really know what to make of it, you've censored some way too non-specific information and even then I'm having a hard time thinking of where I would put you. I would have preferred to keep this conversation to our PMs too, but oh well.
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2016-02-09 at 4:12 PM UTC
I did read it, but I don't really know what to make of it, you've censored some way too non-specific information and even then I'm having a hard time thinking of where I would put you. I would have preferred to keep this conversation to our PMs too, but oh well.
Muh bad bro :(
