OnlyFans
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@LuFins-Dad said in OnlyFans:
@Doctor-Phibes said in OnlyFans:
WTF do these people do for a living?
I have been surprised to find out how many of these kids are investing and investing early. A 28 year old lady that works for me does okay as a salesperson, but most of her income is through day trading. Evidently, there are large groups of these young kids doing so. A friend of Luke’s has been trying to talk him into getting into the markets.
The girl was the one that convinced me to put allow himself few dollars into Rocket Lab about 6 weeks ago.
Which is great, until the market crashes. And it will happen again. We will certainly have another recession. We will certainly have another depression.
Best of luck to them.
Always remember, Operation Valkyrie was an act of sedition.
Warning: I post things that interest me. Read and comment at your own discretion. -
@LuFins-Dad said in OnlyFans:
@Doctor-Phibes said in OnlyFans:
WTF do these people do for a living?
I have been surprised to find out how many of these kids are investing and investing early. A 28 year old lady that works for me does okay as a salesperson, but most of her income is through day trading. Evidently, there are large groups of these young kids doing so. A friend of Luke’s has been trying to talk him into getting into the markets.
The girl was the one that convinced me to put allow himself few dollars into Rocket Lab about 6 weeks ago.
Which is great, until the market crashes. And it will happen again. We will certainly have another recession. We will certainly have another depression.
Best of luck to them.
Kids screw up because they’re overconfident and too sure of their own infallibility and they overestimate themselves.
Older adults screw up by underestimating kids and their abilities.
The girl has 40% of her portfolio in stable growth options, but the 60% is invested in very aggressive companies.The money that she actually uses from her investments on a monthly basis comes from a CD ladder her father helped her build. Every month a CD closes, she takes the interest earned into her checking, and gets a new CD with the principal. When the market stalls or even crashes, her philosophy is to hold. Maybe even buy a little. It’s a sound philosophy, and she continues to work and teach piano on the side.
My son’s friend graduated with an engineering degree and is currently working at Lockheed Martin. He’s making $70K a year, but it will be higher very quickly, and they are going to help pay for him to get his Master’s, which will skyrocket his pay. He’s also staying at home with his parents for a year or two. He’s probably being over aggressive with his stocks, but will have the financial security to afford the mistakes, and he’s smart enough to learn from them.
Luke’s discussing a 15% approach. Taking 10% of his income into an IRA, and 5% for market investing. If he can hold to that, I think he’ll be fine.
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"The truth is rarely pure and never simple." - Oscar Wilde
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Always remember, Operation Valkyrie was an act of sedition.
Warning: I post things that interest me. Read and comment at your own discretion. -
There's a real movement among some Gen Z and Millenial men to not get married or even date girls. They aren't gay, but they just aren't interested in today's women and are honestly concerned about forming any significant and personal attachment
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@LuFins-Dad said in OnlyFans:
There's a real movement among some Gen Z and Millenial men to not get married or even date girls. They aren't gay, but they just aren't interested in today's women and are honestly concerned about forming any significant and personal attachment
Incel?
Always remember, Operation Valkyrie was an act of sedition.
Warning: I post things that interest me. Read and comment at your own discretion. -
@LuFins-Dad said in OnlyFans:
There's a real movement among some Gen Z and Millenial men to not get married or even date girls. They aren't gay, but they just aren't interested in today's women and are honestly concerned about forming any significant and personal attachment
Incel?
Nope
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This is a really good point. Who TF is paying for this? I recently read about a woman who makes $4MM a month.
I wonder if the USD$4MM is just boasting and not real, but I do know it is possible to make "okay" money.
I know a friend of a friend - the guy
iswas and expat engineer in Thailand. Working for a Thai company, so not US standard salary, but doing okay. He met a Thai bargirl, and she opened an only fan account. Guess it did okay, so she convinced her friend to join.Between the two of them, they are doing well enough that the guy quit his job and is "managing" them. Dont know any more than that (how much they make etc., their account, etc)
But, 1000 people at $5/month............
Kind of like streamers, where people pay money to watch people play video games. Some make some decent money.
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Yeah of course the outliers are just that, but even one or two would be beyond my comprehension.
