/finance/ - Finance

>>421
The amount you spend per month times the number of months you plan to continue living.  The longer you expect live, the more you have to adjust for inflation, but again, nobody can predict when the world will shut down most of its economy for the lulz, which swings every variable in the equation.

Depends on the cost of living where you plan to stay, a bit less also on your standards but you don't need to adjust much there. I'd say 4 million. Because that's what will yield you a living wage by just putting it in safe-ish bonds and instruments from high-paying but still pretty stable nations/states that you can invest in. Public instruments. Most in this tier are even insured, so super low risk. Considering you won't have much time after retirement, with that amount you can still take a part for some random event if you don't go crazy and deal with most health decline problems until you get to the high-complexity stuff at which point probably no amount could save you.
With that amount I've also seen that it's enough to hand out and help your former dependents a decent bit every now and then, only if they're not dependents any more... i.e. Minor children/in college, some ungrateful bastard that still uses your credit card, you're married and divorce-rape is a permanent risk that you constantly pay out your ass to try and delay, etc.
Obviously that number is in value for right now, with time you have to adjust it, inflation and instability and shit...

>>424
>Bonds/safe investements = 5%
>5% - 3% inflation = 2%
>4 million x 2% = $80000
>$80000/yr is rough cost of living for family of four in most states
Is that the reasoning?

My own thought process has been the following:
>Social security/medicare won't exist for me when I'm older. This is based off of the Social security and medicare trusts' own reports.
>I'll probably get cancer at least once in my life. It will cost about $110k in current dollars to survive it if I wanted to. I want enough money to be able to at least have the option to survive it once if I want.
>I'll be forced to retire sooner or later. After uni, I failed to launch and became a nepohire. So, I view my current job as "I have to save as much as I can currently because I'm not going to be able to get a job when I lose this one." I think I have two years left before my nepocontact retires, at which point I'll be retired out soon.
As such, a lot of my thinking isn't "I have to work X more years until..." it's more along the lines of "If I lose my job tomorrow, here's what my current interest income is going to be stuck at, and here's where in the world I'll have to move to in order to survive." In t

>>421
Retire early? 1,300,000 at a mininum assuming you have little in terms of debt obligations. And this is cheap brain powered freedom not very glamorous lifestyle if that is going to last.

>>421
There's a couple quick dirty rules.
Like at least 1M banked.
Or 20 x current income banked.
The issue is is that everyone's situation is slightly different, and with an anonymous board where miscreants can be located over the globe, short, fast guidelines are effectively useless.

>>426
Aren't the kikes planning to crash the western economies soon? Flight to gold is largely being driven by their own purses, I imagine.

>>426
The suppression of silver is becoming harder to hide for two reasons. The first is that the economy is rapidly worsening, and most people of means fly to gold and not silver (because gold is as a store of value superior). The second is that despite this, kikes WILL NOT as a matter of pride relent on the silver manipulation, so it becomes more obvious, whereas in the past they would let silver rise a little to make it less overt.

>>427
Crash may not be the right term. A crash could come, hopefully, but they are planning for a realignment. Obviously they have been itching for war for some time, both to move back away from the "service economy" and delete the surplus work force. People don't realize that if you're going to be replaced by a robot, they have to manufacture them first, but to do that you need factories back. It's a vicious Free Masonic cycle.
>Kill Men
>Use Women and "Men" to build replacement for Men
>Robots Replace All Commoners
>Kill "Useless Eaters"

>>434
POTD

>It's a vicious Free Masonic cycle.
>"Won't someone please just think of the sheqels!111"

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>>433
They don't really have the final say. If they don't allow silver to climb, but the chinese allow it to pump at their Shanghai exchange, then this opens up arbitrage opportunities. This actually played out last spring. The west was forced to follow China's pricing. There was a small lag between the western spot prices and those in the east which kept on rising. I was still sitting on a bunch of cash that I wanted to buy silver with (not gold because it had alrady pumped bigly) but I was planning to wait for the summer or fall lows like in previous years. But when I noticed what was happening, I decided to buy immediately. I wasn't very happy with the prices, because my target for .999 silver coins was "under 24 euro/oz" and by then every 1 oz coin was over 28 euros. Luckily one dealer had some prior year libertads on sale for around that price, so I bought an entire monster box of those. That's the only thing that made the higher prices palatable for me. And today you can't even find anything below 35 euros... Current spot price is exactly 1 EUR/g so 31.1/oz. And the physical coins usually have around 17% premium.

>>434
They need factories, but they also need lots of computers, robots, and related stuff (batteries) to run their 4th industrial revolution. All of this needs cheap silver, and lots of it. So just keep stacking the silver so they 

I predict they set retirement age higher: average lifespan minus 3 years. We'll work until we're 75 then fall  over dead. Also since AI is slurping up all the investment and jobs everyone under 30 can sit at home (during their prime) and be NEETs instead of pushing the economy forward.

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>>428 (OP) 
Sadly, yes, a shitload of normalniggers still believe the system will be present for them. I do agree with>>429
in that the age will likely be raised, though likely only to 70 in the near future. That being the case, the system should have already collapsed by all reasonable metrics, so if the retardpower keeping it afloat putters out, we could see normalized insolvency of the SSA in a few years.
>>429
>Work until we fall over dead
I want desperately to believe that people won't let it get that far, or at least the collapse will come before that. In all honesty, if I was forced to choose between Amazon fulfillment and programming, I would just ride my savings out and kill myself when they ran dry.
>30 and under NEETing in this scenario
Least out of touch Gen Xer
In a scenario that bad, no one outside the wealthy could NEET indefinitely. Warehouse work, "healthcare", bureaucracy, and food service would be the only viable careers, and would be mandated by centralization of capital (low wages/high rent). The only way kids in America can escape wage slavery today is again by wealth, or the Chinese and Arab model, which is to act as a household servant to your parents in exchange for support.

4chan is idf spam bots and slide threads.

Im banned too. Im a full blown crypto fag now which means you guys should probably sell

>>273
has been since '16

I haven't on 4fed for years. They have continuously cracked down on anonymous posting and now with the 15 minute wait before posting on a bbc slide thread to call some a kike, gfy.

Yeah I can't use 4chan either

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>>75 (OP) 
People making inferior copies of existing coins that they modify to fit their preferences has quite a history, especially when Musselmen are involved.
https://archive.ph/Gs4RF
https://www.britishmuseum.org/collection/object/C_1913-1213-1
>Offa, the king whose name is also engraved along with the (badly copied) Arabic writing ruled the Kingdom of Mercia between 757 and 796 CE. He is also credited with introducing the penny to England.
>Known as “Offa’s Dinar”, it was purchased by the British Museum in 1913 in Rome. The more observant among  you may notice that the Latin “Offa Rex” is upside-down in relation to the Arabic script. It is copy of the dinar issued by the Abbasid dynasty following the move of that empire’s capital to Baghdad around 15 years before. It was commonly used throughout the Mediterranean as well as the Abbasid empire itself.  As a gold copy, the Offa dinar would have been accepted as a valid payment.
>The reason for the inscription remains unclear. Much of Offa’s reign is shrouded in the mists of history. He is responsible for the great Dyke

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>>76
https://archive.ph/wip/5zTZK
https://en.wikipedia.org/wiki/Maria_Theresa_thaler
Yes, the second link is wikipedia, but it's still quite interesting how an Austrian coin was became the standard around the Red Sea, Ethiopia, and even Java and other lands too,and that lead to millions of copies of a 18th century coin being minted in the 20th century. But this time it was the Italians who unsuccessfully copied an Austrian coin:
>The MTT came to be used as currency in large parts of Africa and Middle East until after World War II. It was common from North Africa to Somalia, Ethiopia, Kenya, and down the coast of Tanzania to Mozambique. Its popularity in the Red Sea region was such that merchants would not accept any other type of currency. The Italian government produced a similar designed coin in the hope of replacing the Maria Theresa thaler, but it never gained acceptance.

>>77
But wait, there is more in the first link!
>In Brussels, the engraver that produced the dies missed out one of the nine pearls on Maria Theresa’s brooch. It might be an interesting discrepancy to us today, but it was rather an issue at the time. Ten million were made and each was greeted with disapproval from many – it's thought that the Arabs of Yemen were so used to the design of the thaler that they'd reject the coin if they couldn't feel each of the nine pearls with their thumb. London saw a similar hiccup too. Its dies missed out the central feather of the Imperial Eagle that featured on the coin's reverse. Seeing as London's dies had also been used for the thalers struck in both Birmingham and Bombay, these coins also bear the mistake.

>>75 (OP) 
hey. second from right / top left is my favorite out of these four

Not financial advice but an observation: out here land that can't be built on gets passed around looking for the next sucker. It's a big one, if it doesn't have utility hookups, active well, completed septic, or permits are impossible because of reasons - the land is just a placeholder (and liability). 
Also the cell service will be bad out there so you can't even digital nomad that stuff in a van or anything if things go badly.

>>411
Not sure where you're from Anon, but the market is a little different here. The land in question is not purely speculative. Many people have properties solely for recreational purposes. In many cases, the land is undeveloped by necessity for its use.

>>411
I hit the reply button before I was done.
Anyway, your point about the lack of a well and utilities is sound, at least in so far as it would require additional development for innawoods. As a liability, I don't really see one, outside of property tax (jewry). That is a hamper on any growth or even a detriment if the value diminishes for any reason. That and the interest involved in a loan are my main reason for holding off. As for cell service, it's a non-zero chance coverage reaches there, as there is a college town in the general vicinity. Even if not, satellite internet should cover the property, although Id only ever bother if I had to bug out there. In any case, I have decided to hold off on the purchase until I have enough wealth to avoid a loan or a drastic market change occurs. Truth be told, my net worth is only 100k, which for my age range is above average, but I'd like to see it reach 250k as soon as possible. Right now, I feel that's a lot more likely with metals and bonds than land.

Daily reminder that a new BO for /finance/ is being sought. Please consider it, Anons.
>>>/meta/1093

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>>413
Bonds are a bad choice in this late stage USD end game. I sold all mine years ago during the coof, and bought gold & silver. And I didn't have much in stocks (just the mandatory 401k) but I sold those too. I bought gold coins for under 1800 euros, and silver coins under 24 euro per oz. Now you can compare with current prices and see that was a good choice, and we haven't even seen any real action yet.
Remember, anything you don't physically hold can be easily taken from you. That means investment accounts, bank accounts, crypto exchanges, and even contents of safe deposit boxes in a bank vault. This is all low-hanging fruit for the criminal cartel to take, like candy from a baby. In the EU they're already openly talking about taking it. And of course they have a corny excuse to do it ("defense" against Russia boogeyman).
https://www.eunews.it/en/2024/02/23/too-much-money-sleeping-in-the-banks-eurozone-wants-to-wake-it-up/

As of today Bitcoin reached 100k

>>389
And may the infinite crabbing begin!

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tencent chinks exiting

>>332
Either people getting ready to dump their money into another country (unlikely given the state of most of the turd world countries right now), or they're selling stocks in order to buy tangible assets while taking the financial hit for doing so. E.G. >>333

If you have debts I suggest making minimum payments on them and saving your money in physical cash so when a banking crisis hits you can offer to pay a premium (hard cash payout of a fraction of your debt) to have your debts expunged from the records since creditors will jump on even $2k payout for your $20k debt when they have no money. If you don't have debts, I suggest pulling out physical cash so that you can offer to buy essentials during the interim between banking collapse and economic collapse. Your plastic may or may not work, and offering hard cash will get you a discount to stock up on goods when nobody can purchase.
Either way the cash is just an intermediary between start of the collapse and full collapse. Depending on what happens it might not be so bad, but chances are it's gonna be bad.

https://www.youtube.com/watch?v=SfW5BAch9jQ
>The fed needs lower interest rates to encourage investing
https://www.msn.com/en-us/money/markets/the-fed-may-wait-too-long-to-cut-interest-rates-and-spark-a-recession-economists-say/ar-BB1iL9C1
>Fed is avoiding cutting interest rates because it will hurt big bidness
Ahahahahahahaha... Hah...
Kill me.

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These guys are selling too!

This is politician trades general now.

What do you guys think of so many politicians buying treasuries recently?

>>356
Particularly Michael McCaul

https://www.capitoltrades.com/issuers/435546

Grew up poor-ish, started an apprenticeship, spend all my money on weed, started an actual job, spent more money on weed, bought a book on finances, spent all my money on drugs, asked a bank on advice and was turned down, got a better paying job, stopped spending all my money on drugs, accumulated money, expected a child, invested money, had a child, invested more money.

Achieved 10k+ recently.

Split accounts with the other half a few months back, trying to dig out of a big hole (actually have a little in savings now so feeling pretty hopeful). She was spending $600 of my paycheck on mobile games, weed, clothes, and fast food, along with 100% of her paycheck... I should have probably walked but I guess I'm holding out hope that the one I fell in love with is still in there somewhere and she isn't just a user. The nice part is that I now have $600 a month even after covering the bills to try to fix this (will still take years). At least there's not a convoy of Amazon trucks coming to my house anymore.

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>>351
$600 is basically a tube of 20 silver 1 oz coins every month. That's not just pocket change.

>>352
Possibly a good call. Already getting into the prepping scene but will only have so much room for canned beans. Maybe a few coins would diversify things a bit.

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>>353
I mostly stack 1 oz .999 coins as a means of beating inflation and currency crisis. For prepping purposes, smaller old coins of .800 to .925 silver that are common and well-recognized in your country might make more sense, if you can get them for a good price.
In the early part of this year, I bought 200 swiss 1 franc coins, when one dealer had them on sale for 2.95 euros (comes out to 21.97 euros/oz). They're not listed in this guide, but the swiss coins are comparable to the french ones (.835 silver, each coins weighing 5 grams so having 4.175 g of silver content).