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/biz/ - Business & Finance

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30344765 No.30344765 [Reply] [Original]

>friend is in negative six figure hell
>gets $800 as a wedding gift
>immediately spends it on football cards at inflated prices due to high demand from scalpers
>'my fiancee would kill me but it's money I didn't have yesterday so it doesn't matter. Some of these cards are worth thousands so it could be a good investment'
>we spend an hour and a half at his bachelor's party helping him ritualistically open booster packs
>the cards are worth only $400-$500, big surprise...
>is also HODLing DOGEcoin because 'it could blow up sometime'. bought at $.07, failed to take profits at 10% as recommended
Why are poorfags like this?

>> No.30344819

What a gambling chad

>> No.30344854

Typical eternal poorfag mentality. They'll always be in debt, they're just dumb people.

>> No.30344938

>>30344765
He's poor because he makes choices like this.

>> No.30345072

>>30344765
>taking time out of your weekend to think about poorfags & why they're poor
Definitely ngmi

>> No.30345538

>>30344765
>>friend is in negative six figure hell
Can you explain me in which welfare paradise you live where someone in this situation isn't dying on the streets as he should be?

>> No.30346124

>>30345538
>>30345538
The US. His mom handled their family's finances and took out a bad deal on a college loan for undergrad and his master's. He has a job, but he just spends a lot of money on dumb shit like bottled water..

>> No.30346197

>>30345538
Depending on the type of debt you can go without it impacting you too badly.

>> No.30346812

>>30344765
>mfw know some nigger that unironically bought doge at $0.06
>it's literally a stack of like 500 doge
>"dunno man could go to 50k like bitcoin, doesn't even need to though i'll cash out at like 10k"
theres no saving or helping these people

>> No.30347045
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30347045

>>30346812
Every time I feel weird about making money in stocks and crypto I remember that it's typical of other retail investors to FOMO in at ATH or just HODL instead of taking 10% profits...
For every winner there is a loser so I should be grateful I guess..

>> No.30347768

>>30344765
How hot is his wife

>> No.30347881

>>30347768
6/10

>> No.30347890

>>30346124
>spends all his money on dumb shit like bottled water
lol wut

>> No.30347944
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30347944

>>30344765
Why don't you just fucking murder him? One less poorfag to deal with.

>> No.30347973

>>30347890
He says he doesn't trust tap water because it contains xenoestrogens, which can give you bitch tits. I told him bottled water contains microplastics as well, and he should buy a filter because it's safer and more economical. He just forgets the conversation. I may buy him a filter for his wedding..

>> No.30348262

I have a similar friend. This really taught me that some people aren't just poor, they have poorfag mentality

>> No.30348399

>>30344765
Would buying a house with a loan put me in six figure negative he’ll?

>> No.30348517
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30348517

>>30348399
I guess? I have a mortgage but my liquid cash exceeds the outstanding balance (thanks Elon Musk.) Also I rent out rooms.

>> No.30348654

>>30348399
I think of mortgages as being a different sort of debt.. It serves a purpose that is unavoidable; either you pay rent, or you pay a mortgage. So although yes, technically it would be-6figs, I view it as more responsible debt