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[–] 58 points 3 weeks ago* (5 children)

That's nearly always been the way to make money.

Look up most of the mega rich people now, even the "self-made" ones and you'll find 99/100 of them came from money.

The other way is luck. Be in the right place at the right time with the right skills to take opportunity's hand... and pull the ladder up behind you so nobody else can follow.

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  • [–] 11 points 3 weeks ago

    It's true. And any rich person that tells you otherwise is lying (potentially to themselves). This is why I am a big fan of Gary Stevenson who came from a working class background, got rich, and is now actively working his butt off trying to extend the ladder down to the rest of us. I recommend everyone read his book The Trading Game.

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  • [–] 1 point 3 weeks ago

    Any wealth I have was based on luck in real estate. Wasn’t even a skill I had, most of my down payment was an overage payment of student loans and the California lawsuit of the automotive industry in 2007-2008. Got paid out 2-3k from that alone

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  • [–] 45 points 3 weeks ago (8 children)

    "Cash Rules Everything Around Me" for anyone else who, like me, had no idea what the title acronym stood for.

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  • [–] 7 points 3 weeks ago (5 children)

    Oh, I thought it meant "In a white room, with black CuRtains, dEvAstatioM"

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  • [–] 1 point 3 weeks ago (4 children)

    Misheard lyrics, but better ones.

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  • [–] 1 point 3 weeks ago (3 children)

    What are the real lyrics? I was going off of memory so it's more likely I was mishearing the mental playback in my head from probably over a decade ago when the last time I heard that song

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  • [–] 1 point 2 weeks ago* (2 children)

    (The Line breaks mean you pause as you recite the lyrics. This creates the proper cadence for the song)

    In a white room

    with Black curtains

    At the Station

    Black roof country

    No gold pavements

    Tired Starlings

    Sliver Horses

    ran down moonbeams

    On your dark eyes

    Dawn light smiles

    On your leaving

    My contentment

    I'll wait

    in this place

    Where the sun

    never shines

    I wait

    in this place

    Where

    The shadows

    Run

    From themselves

    You said no strings

    could secure you

    at the station

    Platform ticket,

    restless diesels,

    goodbye windows

    I walked into,

    such a sad time,

    at the station

    As I walked out,

    felt my own need,

    just beginning

    I'll wait

    in the queue

    When the trains

    Come back,

    Lie with you

    Where

    The shadows

    Run

    From themselves

    At the party,

    She was kindness

    In the hard crowd

    Consolation

    for the old wound

    now forgotten

    Yellow tigers

    crouched in jungles

    in her dark eyes

    Now gets morning,

    goodbye windows,

    tired starlings

    I'll sleep

    in this place

    with the

    lonely crowd

    Lie in the dark,

    Where

    The shadows

    Run

    From themselves

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  • [–] 1 point 2 weeks ago (1 child)

    Oh, the word devastation really isn't in it... my bad then

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  • [–] 1 point 2 weeks ago

    It's ok. I knew where the mistake was. Besides, given the metaphoric underpinnings of the lyrics, It actually was more on the nose, given that the song is about the Vapid afterglow of 1960s post party scene where everyone is getting on the tube to go home and half are hungover, most everyone is exhausted and some are just coming down after experimenting on psychedelia. That kind of human wreckage cloud certainly be described that way. 😄

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  • [–] 20 points 3 weeks ago

    dolla dolla bill y'all

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  • [–] 17 points 3 weeks ago (2 children)

    Nothing makes money more then money

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  • [–] 13 points 3 weeks ago (5 children)

    Absolutely, if I had 2 million dollars (which if you ask me isn't that crazy anymore) and put it all into simple things like CD's at 4% for 1 year i would make $150k a year which I could just live off. After all taxes I would still walk away with more than I currently make yearly.

    Now how do I get my hands on that? Anyone know anyone?

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  • [–] 4 points 3 weeks ago (1 child)

    4% on 2 million is 80k.

    Also, if you’re like between 20-50 years old, there is a good chance just living off the interest generated from 2 million would not get you through your life when you factor in inflation.

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  • [–] 11 points 3 weeks ago

    The investor class has been hoovering up all of the money, if you don't have money to invest in the stock market and are relying on wages alone then inflation is destroying your wealth. The US stock market is highly dependent on a few really shaky AI companies but it's also going to be the most resilient if/when everything goes south for everyone. Good luck everyone!

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  • [–] 10 points 3 weeks ago (6 children)

    I moved to a place in the country where cost of living to pay ratio is better.

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  • [–] 3 points 3 weeks ago (5 children)

    The problem is that by far most jobs are in the city.

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  • [–] 10 points 3 weeks ago (2 children)

    I applied for jobs first and moved to the place where I got one.

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  • [–] 1 point 3 weeks ago*

    Ah yes, genius! Why doesn't everyone think of this...

    Oh yeah, because the only reason that's possible is because there's less people there. There are less people there because there are less job opportunities. By definition not that many people that take advantage of that. There's simply not enough jobs available that will allow you to live there. If everyone could do that there would be no cost advantage. It worked out that you found a job that covers the cost of living in a low cost of living area. That is uncommon.

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  • [–] 8 points 3 weeks ago (1 child)

    Honestly though. I wanted to look into starting a business some years ago and most everything required you to have ass loads of money before you could get a loan.

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  • [–] 8 points 3 weeks ago

    This is how capitalism worked from the beginning. Nothing new, just progressively worse and worse.

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  • [–] 8 points 3 weeks ago (2 children)

    Crash Rude Elephants About Me

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  • [–] 3 points 3 weeks ago (1 child)

    Is that a band name and song title, or are you experiencing aphasia? 🤔

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  • [–] 5 points 3 weeks ago*

    Bit of both, The White Room immediately came to mind and so I wanted to see if Clapton and others named their band after an acronym, only to discover that they didn't. So I made one: Clapton Really Eats Ass Mostly

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  • [–] 7 points 3 weeks ago

    Usury used to be illegal, and IIRC, it is in some Muslim countries. But banks and such.

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  • [–] 9 points 3 weeks ago
    [–] 4 points 3 weeks ago (1 child)

    how to make 1 million?
    start with two million!

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  • [–] 4 points 3 weeks ago (6 children)
  • [–] 4 points 3 weeks ago (3 children)
  • [–] 3 points 3 weeks ago

    Ive taken to just buying stuff if I can. Because stuff has actual value, and our money value is dropping like a rock. But real things especially in the technoligarch avian intelligence future, will be worth a lot more.

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  • [–] 3 points 3 weeks ago (1 child)

    you forgot "steal 1 good idea to make billions then burn millions on your own 20 crappy ideas"

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  • [–] 3 points 3 weeks ago

    "The last capitalist we hang shall be the one who sold us the rope."

    But we'll need to GoFundMe for it.

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  • [–] 2 points 3 weeks ago
    [–] 2 points 3 weeks ago

    Don't we love capitalism!

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  • [–] 2 points 3 weeks ago

    Damn, was really hoping it was "crypto"

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  • [–] 2 points 3 weeks ago*

    In these trying times, I've come to enjoy stealing!

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