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/biz/ - Business & Finance

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29314307 No.29314307 [Reply] [Original]

How the fuck am I supposed to hide my wealth from my family?
They basically think I have $0 to my name. If I pack up and go live in a nice apartment then they will start asking for gibs immediately.

>> No.29314361

>>29314307
hide it in your nice apartment

>> No.29314363

>>29314307
Then why would you tell them anyone other than "fuck off"?

>> No.29314446

>>29314363
anything*

>> No.29314504

>>29314307
Just don’t give them money you fucking coward. Tell them to fuck off.

>> No.29314593

>omg anon you aren't a gigantic loser? Give us money!

Just say you're doing odd jobs for the landlord and still have no money you pleb

>> No.29314791

>>29314363
>>29314504
I can't say fuck off to my family just like that you morons, they're my blood and they'd probably help me financially as well if they were well off. I just don't want them to leech forever so I don't know how to handle this properly

>> No.29314829

>>29314307
Say you took gigantic debt to pay the apartment

>> No.29314919

>>29314791
There's two options here. Either your family are decent people and will accept you not giving them handouts. Or they're leeching scumbags in which case it should be no problem telling them to fuck off.

>> No.29314976

>>29314307
>they will start asking for gibs immediately
>>29314791
>they'd probably help me financially as well if they were well off
only one of these is true

>> No.29315210
File: 555 KB, 906x728, 1613833050280.png [View same] [iqdb] [saucenao] [google]
29315210

say that your moving away for a new job
change phone number, switch phone to airplane mode


spend your days fucking trannys and grills without a condom
how the fuck are they ever supposed to find you lol

>> No.29315220

>>29314791
>they're my blood and they'd probably help me financially as well if they were well off
lol, who taught you that? the beggars you're scared will guilt you out of your money?

>> No.29315263

if over 18 whats the issue

>> No.29315279

>>29314307
Hidden wealth pack:
2000ish Honda Civic
Talk about great stuff you found at goodwill.
"It is section 8 housing so the government pays for it" (Even when they dont, just say they do)
Buy store brand soda 2 liter, leave on counter for all to see.

>> No.29315468
File: 31 KB, 375x500, Store-Brand-Soda-Names.jpg [View same] [iqdb] [saucenao] [google]
29315468

>>29314307
>>29315279
Seriously, they wont think you have any wealth after one look.

>> No.29315578

>>29315263
i dont want to cut off contact, they always helped me when they could

>> No.29315663

>>29315279
kek

>> No.29315775

Just act like you have a nice job, but don't have extra money, bc you're paying house debt. Or make something to make them not to ask you for money.

>> No.29315858

>>29314791
>they're my blood
so?
>and they'd ***probably*** help me financially as well if they were well off
NO, THEY WOULDN'T.
drop em anon, cut ties.

>> No.29315901

>>29314307
Ask them for money every once in a while. Not because you need it, but so they think you’re broke

>> No.29315927

>>29314307
Say you won a small fortune in the lottery.

>> No.29315957

Go to the store to get some milk
Never return

>> No.29315988

>>29314791
>i can't stand up for myself to my family!
>better to lie to them forever instead

>> No.29316022

>>29314307
Go live in a mid tier apartment or better yet move away to a small town. Take the ruralpill anon.

>> No.29316094

>>29314919
This. It is not the place of parents to take from their children.

>> No.29316119

nepotism will destroy any chance you have at success if you let it.

>> No.29316335

>>29314791
You're a shitty person, I hope you die homeless

>> No.29316445

>>29316335
>be the only person ITT who thinks helping out your family is a good thing
>get called a shitty person
alright, fuck you

>> No.29316524

how much do you have so that you need to hide from them?

>> No.29316576

>>29316524
2mil

>> No.29316618

>>29314307
Dont tell them how much you have. Dont talk about money. If they need financial help because of hospital bills or something important you can pay a part of it. Never give them cash. You love your family but money changes people and you dont want them to show their ugly side. Be helpful but dont let them use you as an atm. Wish you good luck anon

>> No.29316646

>>29316445
>Ask how to lie to your family so you don't have to help them
>pretend this makes you a good person

Take a step back, reflect, then 8 steps off a fucking skyscraper.

>> No.29316784

>>29315988
This... It's really common though for people to feel like slaves to their family and incapable of maintaining any personal boundaries with them.

>> No.29316806

>>29314307
Do what I do. Just let them beleive that you are just massively in debt then live a double life. Seriously they will never understand if you tell them. Just let them think you're a loser and live your own life separately.

>> No.29316975

>>29316646
not everyone has a rational family, I see my adult sisters begging our dad for free gibs all the time and I know this is going to happen to me as well when they find out how much I am worth.
so fuck me for not being willing to become their personal ATM, right?

>> No.29317072

If you love your family, give them a bit of money here and there, but not enough to impact your wealth.
Overall though just man up and protect your wealth. My family knows I always have money, but they also know I'm not to be fucked with, either.

>> No.29317097

>>29316618
but they will connect the dots when they see me living in a nice apartment and possibly getting a good car et cetera. My family is unironically low class so even owning an apartment means I am well off for them

>>29316806
see above. I'd need to hide away the fact that I own apartment, car etc. I am still a student and have only part time job so they would know I had to win some big money to get all that

>> No.29317210

>>29316576
Fucking hell. was it all through cryptos? damn you good

>> No.29317230

>>29314976
this.

>> No.29317278

>>29314976
how are they correlated?

>> No.29317327

>>29314791
Just literally don't tell them. Say you got a job online and are moving out.

>> No.29317344

>>29317210
yeah it's all from crypto, I was really lucky to get into it early

>> No.29317698

>>29315578
Well then why don’t you give them 10% you worthless piece of shit? I gave 10% of my Algo stack to two Honduran and Brazilian 3rd worlders who only had like 200 Algo each and I felt bad for them. They are like my crypto pen pals on the Algo app now and we send 1 Algo back and forth to each other and they are eternally thankful to me. And you can’t even give up 10% to your family who’ve helped you? Get some perspective then

>> No.29317737

>>29314307
Either talk about how you’re living on a margin or just administer gibs if they’re needed. Like shell out money for an operation over getting everyone a ps5

>> No.29317813

>>29314307
tell them that you were seeking for a good job and a friend suggested it. don't share your life with them in details

>> No.29317880

>>29317698
I have a feeling that they would just waste it on stupid shit though, I think I can turn the 10% into even more money. They would just spend it on a car and other consumercuck shit. That's my issue with this. Otherwise I'd be happy to help them if I knew they would invest it or something..

>> No.29317948

>>29317698
thats kind of cute if u arent larping desu...love a generous king

>> No.29317997

>>29317880
Hire a hitman, problem solved

>> No.29318023

>>29314593
>Just say you're doing odd jobs for the landlord and still have no money you pleb

They'll think he's a faggot who sucks cock

>> No.29318039
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29318039

>>29314791
I would sacrifice my mother in an instant for a 5% increase in my portfolio. You're NGMI, m'goy.

>> No.29318043

>>29316576
Jesus dude. Give them 100k. I mean it doesn’t even sound like you hate your parents and that you love them. Fucking give them 100k or kill yourself

>> No.29318098

>>29317880
if you want to give it to them to do with as they please, then just do it. Giving it to them and being like 'i dont want you to spend this on something if i don't APPROVE of it' just means you're a dick. give them some or don't, don't be walked over . it's not that hard YOU the one with the money bro

>> No.29318124

>>29317698
This OP, stop beeing a stingy faggot, give them something, all you gotta do is not give constant handouts and assert yourself and you'll be fine

If they really like you they wont bug you that much except if they really need to, you just gotta use your best judgement

>> No.29318205

>>29317880
Who gives a fuck if they waste it. Everything is absolutely fucked in the world right now anyway. If you truly love your family then this is a token of your appreciation to them. Seriously fucking kill yourself

>> No.29318266

>>29318205
Your parents are not your family, they're just people who happened to shit you out.

>> No.29318426

>>29314307
You don't owe your parents shit.
You didn't choose to be born, they chose to have you, so they had a duty to raise/feed/clothe you.

>> No.29318535

>>29318426
Correct. Anyone who isn't retarded would use the money on their children, your parents should be giving you money not the other way around.

>> No.29318649

The real question is just how much are you trying to hide?

>> No.29318700
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29318700

>>29317948
He’s a biz bro. People were talking about their Algo stacks and he’s like I got 50 or something. I have plenty in Algo not to mention others. So why not? And if OP has 2 million and can’t even spare 50k to his own family i mean wtf.

>> No.29318733

>>29318426
this is such a faggy attitude and exactly why the west is doomed. go back to facebook you fucking 17 year old libertarian

>> No.29318753

>>29316576
Well yeah break them off a little of that.
But remember that you can still keep going. 2mil isn't lifetime money.

>> No.29318902

>>29316646
not everyone has a perfect family, some people want to escape their negativity

>> No.29318913

>>29316576
Dont be a jew than, take your money, give them like 100k and live of of dividends with the rest of it. Also you probably dont really "have" that money - you have assets that are momentarely worth 2mil so be sure to take profit since this crypto garbage can fall like a house of cards at any given moment

>> No.29318939

>>29318733
Well if they were great parents they wouldn't be leeching off their son, and their son would be happy to help great parents if they were in a pinch.

You must be a coping, shit parent. I'm sorry for your children.

>> No.29318983

>>29318205
this

>> No.29318987

>neet living at home angry about sharing
Why is every neet such an ugly cunt anyway?

>> No.29319203

>>29318987
Sorry your parents loved and encouraged you and didn't psychologically neg you for being more successful than them, let alone do subconscious shit to try and sabotage you.

>> No.29319306

>>29318987
I am not a NEET, I am both studying and had a part-time job throughout the last 4 years you projecting cuck

>> No.29319393

>>29319306
While living at home.

>> No.29319521

>>29319393
and? in my country the majority of students live with their parents, paying rent is stupid

>> No.29319575

>>29319306
I mean it sounds like your parents aren’t anywhere near well off and you seem to love them. Itd be one thing if they were pieces of shit or were more or less set financially. But that doesn’t seem to be the case. Give them 100k dude. It’s only 5% of your net worth which isn’t going to make a difference in the long run anyway.

>> No.29319690

>>29319521
So you're not only living at home, paying no rent, but you plan to tell your parents to fuck off despite letting you leech off them for 18+ years huh?

>> No.29319838

>>29319690
>despite letting you leech off them for 18+ years huh?
what brainlet argument is this? how was he as a child not gonna leech off his parents? it was their choice to have him and also their duty to raise him expecting nothing in return

>> No.29319841

>>29314307
>>29314791
Say you've got a job that you can telecommute.
If they ask how you afforded the condo, just say you're renting.
EZ.

>> No.29319865

>>29319575
I might just do that but I honestly suspect they will keep asking for more and it will escalate to them thinking I am being greedy/evil

>>29319690
I never said I will tell them to fuck off or not give them a dime you moron, I am asking how to handle the situation of me wanting to help them but wanting to protect myself from them asking for more and more gibs the moment they realize I have money.
I want to help them but don't want to be their ATM and I don't want them to turn on me for being 'stingy'

>> No.29319866

I don’t understand why this is a problem for anyone.. does everyone surround themselves with shitty people? I told my family about it and I’ve told my friends about it and nobody has asked me for money. My parents were even going through a rough patch finance wise and I offered to give them some and they refused... if people ask you for money all the time you really need to cut those people out of your life because they don’t care about you it’s that simple

>> No.29319944

>>29314307
tell them u killed urself ;(

>> No.29319956

>>29314829
10/10

>> No.29319989

>>29319866
This, blood doesn't mean shit if your family treats you like shit.

>> No.29320011

>>29319866
checked
some parents have honor and won't ask their kids for gibs but my dad has been asking me to lend him money even some time ago knew I make $100 weekly on a part time job

>> No.29320132

>>29320011
*when he knew

>> No.29320229

>>29314307
My wife thinks I only have 5 figs
Since joining this decent pump group I hit mid 6 figs and I've still not told her
Invites just opened on this one
discord gg/SNqPpk5Pjw
Non whale one so it's pretty decent

>> No.29320255

>>29319866
You see, it's not that others are shitty people, it's that the autistic gremlins on /biz/ is

>> No.29320382

>>29319865
tell them about your gains and see how they react, if they change their behaviour they're shitty parents and you'd probably be better off with less contact

>> No.29320397

>>29320011
OP, are you still trying to grow your stack or are you reaping passive gains? You’ve got enough that you can collect a six figure income just on interest so you could always move somewhere and say you got a job. Sucks to lie to your own family but if you don’t establish boundaries they will drag you back down. Low class people often stay that way because they are financially illiterate and keep making bad choices and practicing bad habits.

>> No.29320677

>>29320382
what do you mean by change behavior - like ask for gibs? or what are the red flags that I am looking for there?
>>29320397
I plan to cash out just for an apartment (300k) and maybe put 500k into index fund, the rest I will keep in crypto. I already feel pretty shitty living here while making this much of money so I wanted to avoid holding this as a secret as much as I could but it seems like the best option I have since I don't think my family is going to respond well to me making it

>> No.29320867

>>29316646
Leech hands typed this post

>> No.29320937

>>29318023
They don't already? They'll beg him for a penny, they think he's a fag.

>> No.29321155

>>29320677
I know this is questionable financial advice, but consider renting somewhere first and not just buying. If you drop that kind of cash without warning it’s gonna raise some questions that will be hard to answer. With what you’ve managed to achieve, spending a couple grand a month on an apartment isn’t gonna be a major outlay, and you’re well positioned to buy at a discount the next time the real estate market tanks. Which may be soon.

>> No.29321295

>>29321155
Well I can always say I took it on mortgage. If I told them I had 300k in my wallet this entire time they'd probably think I am from mafia

>> No.29321331

>>29320677
not necessarily asking straight out for gibs but acting different towards you, for example more snarky or more kind, you know your parents you'd feel it. in theory if they are great parents nothing would change at all except they might be a little more proud of you since human bonds are more valuable than money, but considering you made this thread it sounds like something is up

>> No.29321393

>>29314504
N

>> No.29321409

>>29314307
Lie to them that you got a job, and just go to your apartment for 8 hours a day to fuck around. Eventually "move out" when it seems plausible.

>> No.29321474

>>29319865
Exactly. You become the good son because you gave them 100k. Which then stifles then for asking for some and avoiding them once they suspect somethings up. It’s honestly the best of both worlds. You give up 5% (big deal). And they love you. Then it prevents them from being nosy and asking for money if you don’t give them any from the get go.

Honestly even if you didn’t like your parents that much it would be a good business decision in a way.

>> No.29321572

>>29314307
What country? Go talk to a financial advisor or go find a mentor. Id personally talk to an tax accountant and find a real estate broker and buy a small income property. Most successful people are willing to help if you ask.

>> No.29321703

>>29320677
Lol.... I’d sooner give my parents 500k then put it in some overinflated stock market fund that’s going to crash in the coming deflationary collapse.

You are in “make it territory” now... and you need to protect it. First order of business before any giving cash to your parents is buy 50 ounces of gold as a backstop to the world that is literally bankrupt and swimming in debt.

>> No.29321712

>>29321331
well I might try that but I think it's impossible for them to act like nothing's changed since my family are actual poorfags. me having 300k would be insane to them, let alone 2mil. especially since I was living here with them this entire time and never told them anything about it, they might feel insulted that I kept something this important away from them for so long, you know?
but I appreciate the tip anon, I might try this out

>>29321474
yeah I think this might be a good idea anon, I will probably do a one time donation of 100k and hope that they won't change their behavior towards me

>> No.29321771

>>29314307
Learn how to say no

>> No.29322083

>>29319690
a lot of retards like you in this thread never learn do they?

>> No.29322168

>>29321703
I already have 50k in precious metals, I dont want any more

>> No.29322227

>>29322083
More like grew out of the edgy black soul teen phase. You'll see too unless your autism is too bad

>> No.29322231
File: 70 KB, 852x944, 1611119147956.png [View same] [iqdb] [saucenao] [google]
29322231

>>29314791
Just tell them you found a job in a different city and are moving there and it will be just enough for you to survive on your own

>> No.29322452

>>29321712
naturally they will have a reaction to the news but don't ever let them guilt trip you and make you feel bad for the gains/not telling them. go for it, you will probably feel better afterwards instead of having to live a double life

>> No.29322722

>>29314307
Definitely do not give any money to anyone until you have paid your taxes and started to reinvest. The goal is to make some passive income that you can live off of. 2. mil is only like 1.2 mil after taxes which properly invested can make you 60k + per year for life conservatively. Set yourself up first and then be charitable otherwise you risk blowing it all.

>> No.29322830

>>29322722
taxes here are only 15% so it's not too bad but thanks for the advice anon, I plan on just cashing out the amount I need for apartment or to reinvest into stock market. Good tips and checked

>> No.29322929

>>29315279
Lol, was about to but a huge bottle of coke today but got a mid size because huge ones just look like shit

>> No.29323633

>>29322830
Best advise is go find a mentor that has made it themselves and ask for help. I got into commercial real estate by finding mentors and you would be surprised at how willing people are to help. Especially if you have put yourself in a position to succeed as you already have. Stay humble, look professional, and keep searching until someone takes you under their wing. It will happen and they can show you how to make it.

>> No.29324026

>>29323633
how would I even start finding a mentor though? I feel like the first places I'd imagine there would be people like that would just be full of scammers.
also nice dubs

>> No.29324330

>>29322227
It’s not even about being an edgelord, if you suddenly become vastly wealthier than your folks and they never really learned how to handle money, you are fucked unless you either lie to them or distance yourself enough that they can’t constantly come to you with their hand out. Nobody is surprised when some white trash powerball winner declares bankruptcy five years later. It’s okay to help them a bit, but if they become fully dependent on you it’s gonna be a rough situation.

>> No.29325061

>>29316576
Cash out nigger, crypto is not real money until you get it.