> tfw parents tell me they will pay for me to get a degree
> tell them to just give me the money they would spend on college instead to invest in real estate and crypto
> they tell me no because that’s not a “respectable way to make a living”
Fucking hell, I could finish my engineering degree but I kinda just want to fuck around and get a bullshit SJW degree and wait until I get my trust fund
> they tell me no because that’s not a “respectable way to make a living”
I'm sorry man but it sounds like your parents might be slightly retarded.
>trust fund
Can't beat this op. Back when eth was around $5, I begged my mom to let me put my $10k college fund in it. She only gave me $200 instead. That $10k is still just sitting there.
>they tell me no because that’s not a “respectable way to make a living”
your parents sound like wage slave retards.
This country was built on investors! who do you think paid for the rail roads and profited the most from it? the bond investors while the people building the rail road remained poor and possibly died from poor conditions investors where getting rich on multiple different investments at once living the good life.
Your parents are fucking retarded and i don't think you are far along behind them tbqh
I mean, you could just work and pay for your own coins like the rest of slightly irresponsible adults.
I’m like they are paying 200k for my brother to go out of state for some bullshit biology degree when I told them to give me 200k to buy a couple apartments and become a slumlord they called me crazy WTF
I could just be a NEET and collect rent for 10 years and then once the house is paid off I own a couple apartments that’s a far better investment than college
Just accept their offer and then in addition, take out max amount of student loans you can and invest those in crypto.
That's what I did.
you sound like a worthless piece of shit actually. Get a job, put all your money toward your investments. While working your job you want to be actively seeking another job that pays more to put more money toward investments. Keep doing this.. it's called growth. You should wright that word down.. "GROWTH"
I have a friend that sounds just like you, like almost word for word and he begged and begged to get "investing money" he finally got 10k and is now down to only 6k in the matter of months.
You have to just start.. don't tell them what you can do.. show them what you can do!
I’m down 30k LOL my grandpa gave me a bunch of gold when I was 13 and I sold it and opened an Etrade account and 10x my money on biotech and then lost it all progressively over high school
Oh and I had about 40BTC too and lost that. The only reason I haven’t killed myself yet is that I will get a nice inheritance in a few years all I want to do is buy some property though even someone as bad at investing as me can’t lose in real estate
>You should wright that word down
>wright that word down
>wright
You realize real estate is a brainlet meme, right? You'll make more money by parking it in an index fund with some diversification into crypto.
If you've lost that much money though, maybe you don't deserve to have any. So go ahead, invest in real estate, then.
> put down 40k down payment and get a mortgage to buy property and build a house
> collect rent and use rent to pay off house and keep a little to survive
> eventually you own a house for doing nothing basically
> repeat
Of course I’m simplifying it but what could go wrong?
I feel this. Liberal boomer cucks hate money and any actual way of making it.
Here's a crazy idea, go get a job and pay for shit yourself, crazy I know. No wonder you people can't get laid
You sound like an ungrateful fuck tbqh
>until I get my trust fund
Shut your bitch ass up, the fuck are you complaining about?
"mommy and daddy won't give me money right now because they have a bunch more money that they're giving me for free later"
You are fucking spineless, OP.
200k? My degree is 40k. Kek, you’re getting cucked
spend most of your waking life wageslaving for boomers
what little money you have left over after government takes its cut goes straight to some boomer landlord
what's the point
sounds like you are adopted OP
For my brother and that’s Average for out of state.
What shit tier community college do you go to that costs 10k a year total to attend
This formula depends very much on location and population. I have tenants in 3 houses with no mortgages, the rent still only covers maintenance pretty much.
>bunch of painters strip and repaint the house for 1-2 weeks = 1 year worth of rent
>have to drill a new well = 2 years worth of rent
>few new inner ceilings and other minor carpentry work = 1 year rent
>tenant forgets to turn off the stove and cracks the coverplate = half a months rent
>replace leaky radiator = 2 months rent
>replace worn out furnace with geothermal heating system = 3 years worth of rent
>radium level measurement with ghostbusters looking guy = month of rent
>high radium levels, install ventilation system = 1 year rent
>kitchen redone from the ground and up, ~3 months of labor = 4 years of rent (at least it looked damn good afterwards)
and on it goes
This is why you don't buy shit properties in shitty locations.
Dig a well? Where the fuck are you buying properties?
Buy a multifamily unit in a mid sized city, close to downtown. Renovate.
FHA owner occupancy loan with 3.5% down and live in it for a year.
Fuck me guys, its not that hard.
time.
You will die at some point to the accumulation is worthless if you don't spend at least a small chunk of it.
Too tired to elaborate. I will note it's nowhere near as black and white as you make it out to be though, even the ideal setting you describe can turn into a fucking nightmare.
You need to find tenants and hope that they aren't pieces of shit which isn't easy because people in general are exactly that. You need to maintain the property. I bet you thought investing was an easy way to make money too but by your own admission you've lost almost all of it. It's pretty short sighted to think that being a landlord is your salvation/not harder than it looks also.
> geothermal heating
What in the heck, well of course you can’t make money if you’re installing useless yuppie shit like that
A lot of boomers don't know anything about taking risks because all they needed was a steady job to make it back in the day. Now you have to be a risk taker to join the elite, since they probably got tired of just giving out decent wages and benefits. They realized fucking over people makes them much more money.
Well I’d do research and buy in a developing area. My friend bought a house in some shithole in Seattle and it’s already tripled in value in the past two years. Made like 600k just watching hentai and jerking off.
I’d buy in Eugene Oregon or Eureka CA probably
kek, for a standalone house that isn't cucked by communal heating and whatever fucking prices the jews in charge at the other end wanna set for one, it's pretty excellent. It's pricey to get but runs very cheap and is as near maintenance free as it can get.
My first engineering degree was 33k, second was 21k. Why are you spending so much college?
I live in shartistan.
I do too. Public colleges are cheap.
you resemble a pointless smidgen of crap without a doubt. arrive a capacity, situated every one of your coins nearer to your endeavors. while running your advantage you should be at present looking out another diversion that pays additional to put more coins nearer to hypotheses. hold doing this.. it is called change. you should right that word down.. "change"
Tell me one accredited uni that costs less than 12k a semester for tuition alone
Spineless kike go earn your own money you subhuman
Do a fucking google search and theres a bunch under 10k. Both of the colleges I went to were under 7k.
When it comes time to support her in old age tell her to fuck off.