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11917155 No.11917155 [Reply] [Original]

If I'm eighteen and plan to kill myself before my 40s is investing worth it? Could I have an early retirement anytime between now and my 40s?

>> No.11917164

invest in a phone and call a suicide hotline you edgelord

>> No.11917198

Thanks for the kindness. Do you have an actual answer to my question?

>> No.11917262

>>11917164
>edgelord
>call a suicide hotline
Who's really the edgelord?

>> No.11917267

Just kill yourself now. Why put off until tomorrow what you can do today?

>> No.11917273

Why would you plan on killing yourself at a predetermined time? Why not now?

>> No.11917332

>>11917155

That's definitely something an 18-year-old would ask. I would know, I was your age 12 years ago.

You'll change your mind in about 5 years.

>> No.11917337

>>11917155
Nigger. Nice numbers.

>> No.11917380

>>11917267
I have a dream that I want to make come true. Regardless of whether or not I pull it off, I still think that I'll have spent enough time alive by the time I hit my 40s.

>> No.11917414

>>11917332
If I do, great, I'm looking forward to being able to feel again. If not, I'd prefer not to waste my time and money on returns I couldn't have until old age.

Could you give your insights on my question?

>> No.11917437

>>11917380
>protip: you won't
lots of edgy Teenagers say what you posted. None of them follow up.

>> No.11917501

>>11917437
OK. On the off chance I do, will my investments be a waste?

>> No.11917574

>>11917501
It depends on if they are worth anything at the time. I'd say yes it's worth it. If life changes and you decide to live on it will be worth it. If not I'm sure there will be someone you care about enough to pass them on to.

>> No.11917576

>>11917155
That's my plan and I'm already 33 so my time is almost up. I've already traveled the whole world and done everything a retired person could want to do. I'll probably do one more year long trip and then neck when I run out of money next time.

>> No.11917587

>>11917262
If you have rats you call an exterminator don't you?

>>11917155
>>11917414
>>11917501
invest anyway because you're underaged and you won't kill yourself. buy cardano

>> No.11917616
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11917616

>>11917576
How do you do it do you travel alone? I am a shut in loser 29 y.o with 0 life experience . Can I go threw Asia without being kidnapped ?

>> No.11917703

>>11917574
So essentially it's just a gamble huh?

>> No.11917710

>>11917576
How exactly did you handle your investments? When did you retire? Do you have any feelings you'd like to share on your approaching death?

>> No.11917731

>>11917155
Start working two retail jobs. One full, one part time. Shoot for 2400-3000 a month, work as many hours as you need to to make this happen.

Keep living with your parents if you can, or find cheap as fuck housing or a room mate if you can.

The goal is to be able to save and invest $1000+ a month into stocks and bonds.

In 20 years if you just save the cash you will have $240,000 earning you 12,000 a year passively with a conservative 5% interest tr rate. Just off of dividends alone.

If you reinvest your dividends for 20 years you can have as much as 700 grand by the time you are 40. (Earning you 35k a year passively on a 5% annual return rate)

I would open up a roth IRA or some other form of pre taxed account for these investments so you do not have to worry about paying taxes on your dividends.

Also, the amount of times your money compounds interest ramps up quickly later on. You could be a multimillionaire at 50 if the market doesnt collapse. Even then you probably still can.

>> No.11917792

>>11917616
Yes you can safely travel alone pretty much anywhere in Asia. They aren't as savage as brown people even in the poor countries. I'm not autistic so it's fairly easy for me to meet people. Might be harder for you.

>> No.11917807

>>11917710
I'm not retired I just take extended breaks from working and go backpacking wherever looks cool. I'm not a good investor either I just make a lot of money in sales. I basically made it in crypto last year but then I didn't sell and lost everything so now I'm stuck wage cucking again. Once I've saved around $100k I'm going to take off again and hopefully never come back.

>> No.11917830

>>11917792
Don't know if it want to meet anyone or even lose my virginity . I kind of just want to try 1 thing before I KMS . How much should I expect to spend on say 1 year traveling Thailand, China , South Korea?

>> No.11917867

>>11917807
>I'm going to take off again and hopefully never come back.
how can you afford this? how can i be like you

>> No.11917878

>>11917198
>Could I have an early retirement anytime between now and my 40s?
sure, of course, why not? kek

>> No.11917886

>>11917731
Great info on what to expect. Thanks.

>> No.11917903

>>11917807
Hm. Something to think about.

>> No.11917927

>>11917731
>conservative 5% interest tr rate
kek!

>> No.11917933

>>11917155
18yo you wants to kys.
but will 38yo you?
another teenage dramaqueen retard with no sense of perspective. you know absolutely nothing about what your life will be like when you are 28, much less 38. Go play fortnite or some shit.

>> No.11917950

>>11917807
>I basically made it in crypto last year but then I didn't sell and lost everything [...] Once I've saved around $100k I'm going to take off again and hopefully never come back.
and this is the reason for the impending 6-year bear market, kek

>> No.11917977

>>11917927
If you arent making at least 4-5% you are rrreeeallly bad at investing

>> No.11917979

>>11917950
how long till the next bull run?

>> No.11918021

>>11917933
I have no idea what future me will want. That's why having knowledge of and planning for both outcomes is essential. I don't mean to be a drama queen. Just trying to get info. Do you mind answering the question?

>> No.11918051

>>11917155
You will change your mind when you are in your 30s.

Dont kill yourself anon

>> No.11918053

>>11917933
i hope 38 year me will kill myself because i dont want to be above 35 old ugly and irrelevant

>> No.11918104

>>11917703
That's mostly what investing is anon, but you can have a bit more confidence in your gamble than just going to Vegas

>> No.11918143
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11918143

>>11917155
i believe in you op
The now 18-year-old high school student sold her cleaning business for $1 million, turning a $100-investment into almost 1,000,000% profit just two years later. She then went on to invest $250,000 into a stock portfolio that’s now worth over $10 million dollars in less than two years.

https://www.moneymakers.com/giana-tiger-is-18-years-old-and-already-has-a-stock-portfolio-worth-over-10m/

>> No.11918208

>>11918021
KEK
what you just said is completely retarded
>plan for both outcomes
There's more than 2 possible outcomes here...
The probabilities aren't 50/50... Suicide rate is around 10-20 per 100,000. So you're taking your emotional, limited perspective and extrapolating it to a stranger who is double your age without even bothering to google basic statistics on what typical wants and needs are for a 40yo.
Heres what a typical 40yo wants:
Option 1: Normal
>Social respect from peer group
>Stable family with children
>Secure future for retirement
Option 2: Crisis
>Escape built up responsibility
>Make a major life change
>Explore new sexual partners

So if you end up as 40yo option 1, you probably wish your younger self had invested as much as possible, studied hard, gotten a graduate degree, and developed a profession.
If you end up as option 2, you're more likely to regret "wasting your youth" working hard, saving money, etc instead of just enjoying life.
The funny part is generally whichever you choose now, your 40yo future will generally wish you picked the other.
So stop thinking about what someone who is essentially a stranger will want, and focus on yourself now. Saving and investing is a good idea because it gives you a goal, a sense of progress, and a future. Playing around is fine too though.

As for actual practical investment advice, you really have to provide more details about your condition. If you have a few million and live in the USA your condition is very different than if you have a few dollars and live in the Phillipines. Assuming you're the typical demographic for 4chan/biz/ (suburban middle class US american):

Cultivate deep knowledge in any field, and figure out how to make money off of it. Lets say you know a lot about some niche video game. What studio produces that game? What contractors are working for that studio? Does the game have a growing future with massive profits, or not? If not, which alternatives do?
You can sub any hobby. p1

>> No.11918241

>>11918208
p2
The important thing is: don't DO your hobby, make investments decisions BASED on your hobby. At the age of 18 though its unlikely you have the perspective to be able to make any investments, and the language of your posting here makes you sound anything but exceptional. So enjoy your hobbies then in 5-10 years take a deeper look into how to profit.

That brings option 2, which is easier and simpler: Buy a US small cap index fund. Small cap is high return high volatility. Since you're young, you can take the volatility: just ignore the balance and keep putting in money. DOn't buy an index fund thats complicated: Buy the simplest small cap fund from Vanguard you can find. Put in as much money as you can every month and don't look at the statement until you're in your 30s. Whether it goes up or down doesnt matter, because it will go up a lot in the long term. Typically these funds earn 10%+ per year on a long enough timescale: the key here is the timescale. Once you're in your late 30s you'll need to revisit your investment strategy and swithc to a less risky one at the opportune time.

>> No.11919126

>>11917155
I'm 28 and I unironically want to have a 9mm early retirement by the time I'm 60.

To answer your question, I don't if investing would be worth it but if you have a sort of frugal way of life, you could take several mini-retirements along the way until you exit scam from this life.

>> No.11919211

No. Because if youre gonna invest with that mindset it will be a gamble. Then youll lose all your cash and just want to kill yourself more and probably do it when you mightve changed your mind had you actually had a decent time of life.

>> No.11919234

>>11917933
>being this mad
>can hear the zoomer

>> No.11919254

>>11918241
Your language makes you sound anything but exceptional too, pal

>> No.11919313

>>11917155
>I'm 18 and totally retarded
Guess what, faggot. By the time you're 30 you'll want to go back in time and bitchslap your current self. Instead of planning on being a loser, start bettering yourself now.

>> No.11919388
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11919388

>>11918208
>>11918241

This is some great advice. Posts like this are the reason I come to biz.

I'd only add that it's smart to invest money in commodities. They have been in a downward cycle since 2011/2012. Placing a large bet on commodities right now isn't a good idea because it's possible that $900-1000 will be the bottom for gold (always need to shake out the weak hands). I know gold isn't the only commodity but it's a pretty good indicator for the trends of the overall commodity market.

Going back to the previous commodities cycle, the bear/sideways market lasted from 1980 to 2000. The bull market was from 2000 to 2011/2012. The current bear market has been going for 6 years and the economic condition of the world is different now (the systemic risk is much higher). Therefore, I'm betting on the possibility that the commodities bear market will last up to 12-14 years.

Based on the above, right now, it's a good time to start DCAing in a 10/15-year commodities fund. If a commodities cycle starts in the next 5-10 years you will have a significant sum invested at good prices and you will have at least 5 years of bull market ahead of you.

Just bare in mind that it's not a good idea to disregard alternative high-risk investments. Think in all timeframes - short-, mid- and long-term. Have a pot in all of them while young, with a greater lean toward mid- and high-risk investments before you turn 35-40.

>> No.11919539

>>11918208
>So if you end up as 40yo option 1, you probably wish your younger self had invested as much as possible, studied hard, gotten a graduate degree, and developed a profession.
>If you end up as option 2, you're more likely to regret "wasting your youth" working hard, saving money, etc instead of just enjoying life.
>The funny part is generally whichever you choose now, your 40yo future will generally wish you picked the other.

Fucked if you do, fucked if you don't. Even Kierkegaard noted that.

>> No.11919566
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11919566

>>11918143
>I offered to help clean, and he asked how much I would charge. I hadn’t considered charging so I took his first offer of $200 a week twice a month.