Niggercattle finance - Kiwi Farms' Caleb Hammer Moment

[reptile baht spaniard rid]

Then you're at the mercy of whoever you rent a place to live from and they can come in and take your shit

We’re a year or two of flat appreciation or even prices dropping before SO MANY small-time landlords get fucked in the ass.

Houses that cost $2900 in mortgage + tax can’t be rented for $2000 sustainably. Shit is going to get whack.

 

[wtfNeedSignUp]

Let’s be honest, when you think influencer, think ho that shills products and advertises to you because she whores out for large companies that pay her to shill their product and brainwash NPCs.

Tell me I’m wrong. It’s a business, a business of selling you the perception of a lifestyle, told from the eyes of some dead-eyed woman playing pretend. It’s easy to spot, weak people eat it up, because most people are fucking retarded.

Actually I think of male influencers more than female. Especially the crypto/Andrew Tate esque ones that had a golden age during COVID. It's the usual shtick of "look how much money I have, you can also be like me" by doing X".

Female influencers will primarily shill some product that will be a waste of money but won't really affect your economic status.

 

[Fascist Kirk]

We’re a year or two of flat appreciation or even prices dropping before SO MANY small-time landlords get fucked in the ass.

Houses that cost $2900 in mortgage + tax can’t be rented for $2000 sustainably. Shit is going to get whack.

Existing Home owners arn't selling, so all across the nation they are throwing up these hot and ready Mc mansion made out of particle board, built by bands of travling South Americans blaring there Latin music to rub it in. Average price on these houses is 500k Home owners insurance, HOE fees, and utilities. People moving into these shit boxes are Migrants. . . .

Its quite sad. . .

 

[Major]

If I learned anything from DSP's bankruptcy it's that the american government doesn't want their people to stop spending money, even if it means going in to debt spending it on .pngs of large sweaty men on mobile games. So spend away!

 

[Homegrown Homophobia]

The virgin paying your bills versus the Chad debt Max so pay none of your bills there's nothing the credit card companies can do to you I mean I personally have never done it but here's the thing if you're $100,000 in debt just don't pay it it's that simple.
I'm gonna let you on the worst kept secret in the finance world the debt you have today will be worth less money tomorrow.

On ironically that one Asian guy has the best advice when it comes to debt buy everything on debt because the debt will be worth less money in two years than it is today a bar of gold would just go up

If I learned anything from DSP's bankruptcy it's that the american government doesn't want their people to stop spending money, even if it means going in to debt spending it on .pngs of large sweaty men on mobile games. So spend away!

As much bullshit as the financial system is, it is comforting to know the average person in the US can take advantage of funny money and bankruptcy laws like the big dogs and do as many financial restarts as you want with no real stigma or repercussions, something that's not afforded in most of the world. In East Asia shady loan companies send hired goons after delinquent debtors to strongarm money out of them. If you tried to do that in the US those goons would be getting a nice face full of lead or buckshot.

 

[Equal Rights for Androids]

It is common for people to buy a new car and get a big payment for no good reason though

The retards that go about cars, renting forever. The mindset is that they'll trade up the car in 2-3 years for a newer model, but they're going to end up spending more money than if they'd just settled with buying a car, repairing it as time goes on, and eventually replacing the engine. It is cheaper to spend $30k on that car brand new and keeping it forever than it is to spend $100+K over your lifetime on tradeup renting every three years.

 

[The Foxtrot]

As much bullshit as the financial system is, it is comforting to know the average person in the US can take advantage of funny money and bankruptcy laws like the big dogs and do as many financial restarts as you want with no real stigma or repercussions, something that's not afforded in most of the world. In East Asia shady loan companies send hired goons after delinquent debtors to strongarm money out of them. If you tried to do that in the US those goons would be getting a nice face full of lead or buckshot.

So how WOULD someone go about abusing the system in the US?

 

[Homegrown Homophobia]

So how WOULD someone go about abusing the system in the US?

It's funny you ask because I saved this locally from here on the farms back in 2020. I forget which user it was attributed to.

You can make most collectors go away with a cease and desist letter. They can sell your debt to another entity, but another C&D will only cost you another stamp. Limit the amount you steal from each creditor, and it's unlikely any individual creditor will sue you. And if they do sue you, they just get a piece of paper saying you owe them money. Enforcing the judgment is another thing. Exceptions are secured loans. They'll take your house and your car and your boat away.

I deal with a lot of deadbeats. I've known people who live comfortably with > $100k in unpaid collections/charge offs. (Maybe more, credit reports only go back 7 years.) If you don't need credit an
d you're sophisticated enough to work the system, you can make it work for you. When it stops working, declare bankruptcy. Wash, rinse, repeat.

most scary debt collectors are scammers, you can ask for their company info and they'll hang up on you. you can shit talk back and nothing really happens. the real ones will send letters listing who theyre collecting on behalf of, the amount etc.

these same people probably have a bancruptcy in their past. not much a debt collector can do with an unsecured loan.

debt collectors are scary until you realize you cant pay them anything anyway so you can set up a payment plan, pay a month and let it go becauae you cant pay anything and set up another on.

or you go to your local Lawyer non profit and go to court. you can settle for much less and work a payment plan. if its credit cards, file a fraud report with the cops and hand that over to debt collection agency. lying is illegal btw.


you could also say "go fuck yourself faggot im not paying shit, call me again in 10 years" and wait for the debt to drop off your report and hope someone lost the paperwork during a debt sale or moving around to put it back on the report.

thats my experience. and the world moved to make cash transactions harder.

 

[wtfNeedSignUp]

The retards that go about cars, renting forever. The mindset is that they'll trade up the car in 2-3 years for a newer model, but they're going to end up spending more money than if they'd just settled with buying a car, repairing it as time goes on, and eventually replacing the engine. It is cheaper to spend $30k on that car brand new and keeping it forever than it is to spend $100+K over your lifetime on tradeup renting every three years.

Cars are probably the biggest niggercattle thing possible. A house at least increases in value, and nothing else really comes close to the car cost without being luxury. It doesn't help that the last decade cars have only gotten worse.

 

[Begemot]

Cars are probably the biggest niggercattle thing possible. A house at least increases in value, and nothing else really comes close to the car cost without being luxury. It doesn't help that the last decade cars have only gotten worse.

Laughing at insolent cagers is the greatest fun. You'll all submit to the 15 minute city my WEF overlords have decreed for you.

 

[wtfNeedSignUp]

Laughing at insolent cagers is the greatest fun. You'll all submit to the 15 minute city my WEF overlords have decreed for you.

15 minute cities have nothing to do with it. I'll have my 10+ year old car with all its age than any new drivable paybox that will lock out your gas because you are late in monthly subscription.

 

[Begemot]

15 minute cities have nothing to do with it. I'll have my 10+ year old car with all its age than any new drivable paybox that will lock out your gas because you are late in monthly subscription.

Cool. Others will take that bait, though....

 

[The Foxtrot]

15 minute cities have nothing to do with it. I'll have my 10+ year old car with all its age than any new drivable paybox that will lock out your gas because you are late in monthly subscription.

Why do you think the powers that be are pushing EVs so hard?

 

[wtfNeedSignUp]

Why do you think the powers that be are pushing EVs so hard?

It's not just EVs though. Even Gas/Diesel cars are loaded with pointless electronics and a onboard PC that can brick your car if it goes faulty.

 

[Shroom King]

Avoid video games unless you know what you're looking for most of it's overpriced and it's a bubble

But what about investing in one of the most common videogame cartridges of all time? How can this possibly go wrong?

 

[reptile baht spaniard rid]

But what about investing in one of the most common videogame cartridges of all time? How can this possibly go wrong?

Let’s refer to our top financial strategist of our era. No, not fucking Buffet he’s a gay newb.

https://scrooge-mcduck.fandom.com/wiki/Secret_of_Atlantis

 

[Big Brown Schlub]

There's a very specific type of old niggercattle in post-communist states, particularly Eastern European. They are very similar to the example of my neighbor earlier in my thread but he at least had 2 braincells to rub together and you'll quickly see why. It includes anyone born in the late 60s/early 70s or before, namely anyone who first got employed while the commie shithole was a thing. They have a shitty slave-tier minimum wage job, get into a side hustle to not starve, the side hustle very quickly starts paying more than the shitty minimum wage job but nah fam gotta work 16 hours a day for 40 years also at the end of it all aka when they enter retirement they have a fetid hovel and a '98 Opel Astra that barely starts to show for it because they spent it all on booze, whores, sports betting, weekly feasts etc.

I'm saying this because one of my friend's uncle who had no kids on his own died so my friend inherited part of his "estate" or to be exact he inherited 1/4 of his bank account which was the equivalent of 15 USD. He was a carpenter but worked in a shitty warehouse job lugging steel plates all day for forty fucking years for minimum wage. However, in the past 20 years he was basically the personal carpenter of a multi-millionaire, whenever that fuck bought a new house he commissioned him to build all the furniture for him and that dude paid him for one job, which usually took a month, as much as he made in TEN. FUCKING. YEARS. at the warehouse. But unlike my neighbor who immediately quit his day job as soon as he started making fucking bank flipping cars, that retarded nigger kept working at the slavehouse because "TITO GAVE ME THAT JOB! I WAS THERE FOR 40 YEARS AND NEVER ADVANCED BEYOND RETARDED BARELY LITERATE STEEL PLATE LUGGER BUT GODDAMIT TITO GAVE ME THAT JOB AFTER 3 HARD YEARS OF PRIMARY SCHOOL EDUCATION! ДРУЖЕ ТИТО МИ ТИ СЕ КУНЕМО!!!"

 

[the real unabomber]

Guy i knew sent 400k from his crypto wallet in xmr to someone hoping to double his money

 

[Hollywood Hulk Hogan]

Guy i knew sent 400k from his crypto wallet in xmr to someone hoping to double his money

Investing in crypto is legitimately retarded. It only goes up because people expect it to keep going up. With stocks you are buying actual shares of the company. With bonds you get interest payment. With real estate you get rent and appreciation. Crypto has no purpose except that retards think it will keep going up. What can you do with 100 dogecoin? Absolutely nothing except sell them to other retards.

People really need to learn to be patient. Yeah, index funds wont make you rich over night, but over time they sure as hell will. If you're gonna go into individual stocks, buy stocks in companies in industries that you understand and don't be a retard and sell because the stock is down a few %. I am 95% in index funds with currently 1 individual stock that is up a ton since I bought it because I did my research and picked a company that has a great track record and has great prospects (I plan to bring it up to 2 stocks once I find another good one I like)

 

[Black Spruce]

What can you do with 100 dogecoin?

Buy products and services. Cryptocurrency isn't really something that you should see exclusively as an investment. More like a means of exchange that no bank, payment processor, or government can get in the way of. I don't like how normie investors jumped in on it because that kind of turned a useful tool and asset that naturally goes up consistently (but slowly) over time, into a big speculative asset for day trading. It's cringe.