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Thread: The official personal finance thread

  1. #1

    The official personal finance thread

    Share your tips, experiences, queries and suggestions here.


    I'll start.

    Always diversify your investments.

    Read The Intelligent Investor by Benjamin Graham. Best book on the subject imo.

  2. #2
    Ninjabro
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    in my neck of the woods anything other than realestate is gonna pay you way less in the long or the short term

    War Horn

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    Pay off debt ASAP, that includes mortgages, why pay interest on something if you don't have to.

    Real estate is almost always a good investment.

    If you own a small business, keep receipts on everything. You can usually find a spot to use them as a write-off.


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  4. #4
    sell drugs

  5. #5
    Entrepreneur
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    I need a new job before the end of the year
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    Ninjabro
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    Quote Originally Posted by oddtopsy View Post
    sell drugs
    man Odd this guy i know lost 135,000 he had from selling drugs

    had it well hidden in his house but went to mexico for a week and they tore the place apart

    i cant begin to imagine how that must have complicated his life.


    but ya, he makes mad cash. had his finger blow off by a shotgun once too actually,lol

    War Horn

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    Rainmaker
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    its easy to lose money in real estate as well

    when the market crashed a friend of mine lost like 8 houses


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  8. #8
    Quote Originally Posted by cam View Post
    man Odd this guy i know lost 135,000 he had from selling drugs

    had it well hidden in his house but went to mexico for a week and they tore the place apart

    i cant begin to imagine how that must have complicated his life.


    but ya, he makes mad cash. had his finger blow off by a shotgun once too actually,lol
    my boss loses $10,000 in cash and triple that in merchandise from mailing shit at least like once a week

    its crazy how much people can lose and bounce back like its nothing

    if you only knew, I wish I could elaborate further but the internet has ears and eyes..

  9. #9
    Anyone here dabble with stocks? If yes, any tips, strategies to share?

  10. #10
    Sneaky Fucker
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    buy low - sell high
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  11. #11
    Quote Originally Posted by Beets View Post
    buy low - sell high
    Agreed. However, the market fluctuates. Many a times you buy low and end up selling lower. Which is why you need strategies like diversification and selection based on earnings per share.

  12. #12
    Sneaky Fucker
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    have insider knowledge
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  13. #13
    Quote Originally Posted by Beets View Post
    have insider knowledge
    Most of the so called insider knowledge which floats around are just rumors to inflate the prices high enough so that the people floating the rumors can then sell their stock. I thought this was common knowledge by now.

  14. #14
    Sneaky Fucker
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    no. i mean genuine insider knowledge.

    as in from one of the rich cunts that own the huge companies.
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  15. #15
    Quote Originally Posted by Beets View Post
    no. i mean genuine insider knowledge.

    as in from one of the rich cunts that own the huge companies.
    And how do I go about doing that? Should I ring their doorbell and say "Beets sent me" when they open the door?

  16. #16
    Sneaky Fucker
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    fucks sake... do you want me to make the money for you?
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  17. #17
    Wouldn't mind that at all.

  18. #18
    Sneaky Fucker
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    well then you wouldnt appreciate the value of money and i would have robbed you of the sense of accomplishment. i couldnt do that to you man.
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  19. #19
    I feel like I'm in a Dilbert comic.

  20. #20
    Ninjabro
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    I've often had that same thought

    War Horn

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