radicalrationalist
Educator
- Joined
- Oct 4, 2023
- Posts
- 4,179
- Reputation
- 4,599
making money is all about investing into appreciating assets. in the west most people have manifold opportunities to get decent income. the key is to save as much of this money as possible and put it into something that will always keep growing in value. if you're lucky and born into wealth, the easiest way to do this is through real estate and gambling(stocks), if you're unlucky and have very little initial capital, then you must scrounge to survive in order to develop this initial investment.
bitcoin WAS one of the easiest ways to strike it rich, now it's mostly just a good deflationary store of value. it also has the benefit of making your networth unseizable as long as you memorize or are able to safeguard your seed phrases. precious metals is a popular store of value, its growth is very stable but very slow compared to bitcoin and stocks. also, it is heavy, you are unable to transport it across borders, and if your physical storage location is breached or seized, it's over for you. gold is inferior to bitcoin.
but the most important precept i want to teach you is to always save money and keep finding ways to minimize spending. remember that your networth cannot be in fiat/the banks, because it is always losing value. fiat should only be used as an interfacing/transitional layer between the normies and the state institutions and your real networth, which should always be hidden so as to remain untaxable.
do not waste money on food if the government can take care of this through food stamps, do not waste money on rent/mortgage if you can live with your parents or in a car, do not waste money on consumer items you don't really need. in reality, all you need is a bunch of blankets/a sleeping bag, a laptop(you can get a decent refurbished one on ebay for under 100 usd), some cheap clothes you can get at the good will or via ebay or walmart. if you do this, you will be able to dedicate most your income into your appreciating assets.
keep hustling, keep grinding, shoot your dreams and never get up.
bitcoin WAS one of the easiest ways to strike it rich, now it's mostly just a good deflationary store of value. it also has the benefit of making your networth unseizable as long as you memorize or are able to safeguard your seed phrases. precious metals is a popular store of value, its growth is very stable but very slow compared to bitcoin and stocks. also, it is heavy, you are unable to transport it across borders, and if your physical storage location is breached or seized, it's over for you. gold is inferior to bitcoin.
but the most important precept i want to teach you is to always save money and keep finding ways to minimize spending. remember that your networth cannot be in fiat/the banks, because it is always losing value. fiat should only be used as an interfacing/transitional layer between the normies and the state institutions and your real networth, which should always be hidden so as to remain untaxable.
do not waste money on food if the government can take care of this through food stamps, do not waste money on rent/mortgage if you can live with your parents or in a car, do not waste money on consumer items you don't really need. in reality, all you need is a bunch of blankets/a sleeping bag, a laptop(you can get a decent refurbished one on ebay for under 100 usd), some cheap clothes you can get at the good will or via ebay or walmart. if you do this, you will be able to dedicate most your income into your appreciating assets.
keep hustling, keep grinding, shoot your dreams and never get up.