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TopicBaby Boomers: Enjoy this recession right after college, Millennials
Sad_Face
08/23/19 12:24:44 PM
#63:


deupd_u posted...
I can't freaking stand this argument. They were smart enough to go to college, they're smart enough to know what a loan is.

I had no idea what I wanted to do with my life so I skimped out of doing college applications, doing only 2 of them, a top tier school I had no chance of getting in and a community college. I then tried to look into learning a trade because I'd rather not waste my time testing out paying for classes for things I had no interest in. My dad said no. So I went to college. Luckily, my parents paid for it else I'd be screwed.

Most people are pressured into going to school and are discouraged from going into alternative routes.

Quicksilver posted...
Why didn't you invest in bitcoin? Millenials act like they had no opportunity to make money well we were there for the birth of bitcoin and crypto a perfect opportunity to make money. And I know tons of people in their late 20s and early 30s who are doing very well for themselves.
Don't blame the pervious generation for your mistakes we all had plenty of opportunity.


The previous generation is what instilled our values and set the stage for how poor our world is.

That being said, given how this incoming recession is going to be record breaking dreadful, with the threat of automation coming to steal what's left of the jobs, and how every nation out there is out for US dollar's blood, I can't understate how important it is to start researching on distributed ledger technology, or crypto. There's going to be a bull run coming up that will be minting millionaires and billionaires and will completely disrupt economies and create new ones. If anything start with looking up the potential of smart contracts (the true killer of jobs) and what companies are solving the oracle problem, the problem of smart contracts essentially not having their own internet.

If you want to play it safe, either look into stable coins that are trying to be the new world reserve currency like what Facebook's Libra coin is doing. Or if you want to play it reeeeaaaaaally safe, buy silver. So I've heard, for an entire decade, banks bought silver in mass, even silver mining companies. Silver is heavily used in the industry from electronics to medical equipment yet it's worth about ~$18/oz, so it seems like banks have nothing to show for it. Or do they?
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