Things poor/middle class believes

...

well not EVERYONE can do it
>VW started producing its iconic Beetle in Lagos (Nigeria) in 1975 through a partnership and later added other cars and light commercial vehicles before ceasing the operations in 1990 amid weak demand and quality woes.

I guarantee you are posting on a device made in China right now.

You do realize that China has enough manufacturers to make high quality things and shit quality right? You think there isn't some Asian billionaire in China capitalizing on huge corporations in the West who want good quality products?

sure they can. but then they're as expensive as western production. For high quality you need not an army of peasent labour as china has. U need skilled workers and expensive machinery. machinery which you can find in every industrial area e.g. around venice, italy. since forever. they make sparkplug near venice because it's cheaper and better than making them in china. imagine that.
China's steel is subsided up to 100% of the market price. means the state pays the marketprice and the company then dumps it on the global market.

No they're not as expensive as Western manufacturers lol. Why do you think there is almost no manufacturing done in the us. Too many laws, too many regulations , too many taxes

state controlled economy is the answer.
not that the fact that producing on the NA-continent is more expensive than china.

germany is expensive as fuck for employers/ business. think about steel machining within silicon valley expensive. yet they export to china. how come? preetty sure regulations are also more lax than in old-germoney.

if IF trump cracks down on china i gurantee you a big boom in the industry.

My iPhone works alright

>I don't claim anybody on taxes. I get less take home but I get a huge check at tax time to buy my family stuff!
>So you are basically giving the government an interest free loan. Congrats.

Is there an actual problem with this? It seems purely voluntary to me. You get what you want, the government gets to use your money the way they want. You get your money back eventually. Seems win win to me.

Your iPhone will work fine for 6months then youll need to replace it. Planned obsolescence.

I have a 'Sears Roebuck' clock radio from 1964 that still works perfecfly.

Suck the right dicks. I cannot stress this enough.

>what is time value of money

If you add "dead diary" to the beginning of this and take out the green text you really get an insight into what OP is like.

>most made in america products are shit
Not true
>theres nothing wrong with financing a car
Most people dont have several thousand in pocket. I financed my first car because i had no other option. This is true for most people
>i like a bigger tax return
Some people prefer to have one big lump sum. Nothing bad about that. A good budgeting tool
>college is bad
Statistically speaking you earn more as a college grad. Marraige and kids have nothing to do with finance people do those things because theyre not aspie faggots like you

For a couple hundred bucks? Its very fucking negligible

>i watch television, i am an informed free thinker

> move out when your 18

>

>not moving out as soon as you can
Whats it like being a leech?

You don't understand shit about Chinese manufacturing.

Even us chinese don't trust chinese manufacturing or our products.

There is a good reason why we'll choose an american made product over our own chinese made product in 99 out of 100 instances.

oh yeah, we all know how much chinese hate chinese made products like iPhones and Beats by Dre
We're not talking about chinese branded things, we're talking about things made in china. An iPhone made in Cupertino would either be astronomically expensive or a piece of shit.

Bunch of chinese niggers invading the board. Blah blah blah, China is the manufacturing power-house, not everything is mechanics, blah blah blah.

If your arguement is that the gooks provide cheap labors to be exploited by Western people who go their with blueprints, then I guess yes.

If the only examples of manufacturing working in China is when multi-million dollar companies invest heavily in infrastructure, and run that shit themselves from top-to-bottom, then sure. What's to stop those companies from going to India, Africa, or the ASEAN countries though?

What exactly does China have other than an undervalued currency propping up a blue-collar workforce only capable of menial jobs? How does that represent the manufacturing prowess of a country?

Lmao

what's a dead diary?

what's it like negligibly inconveniencing my parents in exchange for potentially life-altering room to maneuver on my end? great!

>made in America
Yes, not all products are superior, but are on average. You cite corner cutting in the USA which literally made me lol because you are comparing to China.

>financing your car
If you already have good credit from being a responsible person on the most basic level, a lot of dealers offer 0% financing which is easy to qualify for.

>confused statement about taxes
Turbotax was invented for people like you

>die alone
Damn bro, project much?

>lol you gotta be honest at the workplace:) better be hard working than corrupt

The first one is actually pretty achievable in the future market. Not everyday but most days.

The "im not gonna try" edition:
>it's not my fault I'm poor
>life isn't fair
>rich white men at the top because they rich white men
>higher education is a scam
>the stock market is a scam
>savings account is a scam
>the lotto is not a scam
>payday loans are not a scam
>99centstore, dollar tree, Kmart, are not a scam
>I wanna get high on meth I'm bored
>I wanna buy 40oz and get drunk on payday
>home maker is my wife's employment
>dropout of high school
>my time is worth THE SAVINGS!!
>Black Friday is not a scam
>layaway is not a scam
>over 4 kids
>antenna tv is free
>coupon cutting is not a scam

The only non-retarded way I can think of financing a car is if you plan on driving it for 15+ years. You still losing money tho

The car market is pretty efficient, you get what you pay for.

Depreciation is a reality of car ownership.

It is what it is.

>There is absolutely no reason ever to finance a guaranteed depreciating asset

Why not? The depreciation has nothing to do with the financing question. That said, do note that the interest rate is slightly higher on car financing because the collateral is smaller than the principal of the loan => higher risk for the bank.

show me someone who averages only 0,38% a day. This person would quadruple his money every year and have $9.765.625.000 dollars after 10 years of constant trading.
tl;dr: You are full of shit.

*with a starting capital of $1000

>marriage and kids

>"Made in USA" actually meaning that it's made in the USA

am I getting trolled?

Hedgefund managers do it for a living with short equity/credit markets

the only difference is that they have about 12 years of experience versus this user

Its feasible but hard, I'd wager buying oversold stocks in a bull market to make a good weekly profit

Hedgefund managers don't even make 30% per year, also they get rich from provisions, not from the stock market itself.

This is, pecentage-wise, the second-most shorted german stock (Hedgefunds have to publish their short positions, percentage-wise refers to the subset of the total shares of Heidelberg Druck that exists.)
As you can see, the stock is heavily targeted by hedgefunds and their positions change over time. Clearly they are making good trades, but not nowhere near 100% per year.
Both figures start from november 2012

>male privilege
>white privilege
>stock market is gambling
>title loans are premium
>pawning my things n' and out are top shelf
>working hard is for fags, SSI for me
>i need cigarettes

Good effort but some mistakes:

>Most Made in the USA products are complete shit because of all the corners they have to cut to keep costs down to compete with Made in China prices.

If they're the same price as the Chinese counterparts, sure I would be cautious but generally you can be sure that something produced in the US will more likely be safe to use and fitting the description.

>There is absolutely no reason ever to finance a guaranteed depreciating asset.

Yes there is, e.g. if your job depends on it or you're a company managing cash flows. Although I would go for leasing instead.

>All of those are terrible financial and emotional decisions, statistically speaking.

If starting a family and going to college are bad decisions you should never own anything and live in your parent's basement for the rest of your life.

Also, if we're on the topic of inconvenient truths, pic related.

>muh laws, muh regulations, muh taxes
Swallowed every cuckservative excuse hook, line, and sinker.

>Statistically speaking you earn more as a college grad.
half of people freelance and have unstable income so you can't really calculate that.
id assume all those lawyers and accountants don't fulfill a role that constantly needs to be fulfilled

not true.

its not that china have shit quality. its that USA have more strict manufacturing standards.
made in USA isn't just a lable. its a seal on quality. look at guitars

I agree with your premise,

I would just throw 2 things out

1) I would always fiance $3500 of a $5000 car than buy a $1,500 car outright. I will miss less work, have less headache due to a drastically less demanding repair/maintenance requirement.

2) Having a liquid safety net is important, if I had $5,000. I would put half down and finance the balance on a car. Keeping $2500 liquid so I can address issues instead of having it all tied up in a car.

There isn't anything wrong with financing a car.

>be me
>college student
>needed car for final year to go to multiple sites
>bought 10k used car that I still own 7 years later
>better than a 3k piece of shit that would have me spend time in a repair shop
>better than wasting my time working extra in a low wage job when in a year or 2 making 100k+

Lots of idiots finance over priced cars but your generalization is truly retarded. Sure it's a depreciating assets, but it's an asset I utilized in order to make more money.

Even houses depreciate. When you factor in the taxes, interest and repairs on a house, unless it's in a hot market, they appreciate only minutely if at all.

>getting married is bad
Oh please. Dual income family nigger

Typical uneducated angry American

Welcome to Trump's America. Ready yourself for a yuge recession.

getting married is one of the stupidest decisions you can make in your life right now as a man. look at the statistics. The laws are heavily sqewed against you.
Once married only you have the responsibility to keep the marriage going, your spouse doesn't. If she gets tired of you and the relationship she can dump you and still keep everything while you'll be the one to move out and pay child support and alimony, while she's fucking her new boyfriend in your house.

If you really want to get cucked in every way possible get married.

I live in Texas, no alimony here.

I hate when sourgrape omegacucks say shit like this.Getting married is absolutely one of the best financial decisions any guy can make.

Dual income increases cashflow. You get tax breaks. Splitting bills and all other expenses saves on spending. Another person in the home means split chores & errands, so instead of doing all the housework, you're only doing half(if you get a really good wife, you'll be doing considerably less than half), so you're saving time as well as money.

Treat women and marriage like you would treat any other business venture/loan/mortgage/whatever. It all comes down to personal responsibility. It's up to your dumbass to find the best woman who will give you the most agreeable terms.

If a guy is getting raped by his credit card/auto loan/mortgage/business partner, then it's his own dumbass fault. He either agreed on shitty terms with said parter/loan, or he took on a loan/venture that he was in no way ready to take on in the first place!

Now I know, 50% or maybe more marriages fail. But you know how many businesses fail? In the first 5 years, 50% fail. You look 10 years down and only 33% survive. After 20 years more than 75% fail. Do these stats scare you?

Just because the stats are scary, it does not mean that we(the responsible ones among us) should shy away from something like marriage(or opening a business). It just means that we should be that much more careful in formulating our business plan. It means we should be that much more fastidious in choosing a partner. And it means we should be that much more certain that we are ready to go on this endeavor, because once we go, our hopes and dreams go with us.

So stay fucked and stay cucked, omegas. While you're there saying the numbers don't support making decisions like these, or the laws are against us and only idiots do this, blah blah, we're out here attaining success for ourselves that you fools didn't think was possible.

I have a girlfriend and a daughter and have no intention of getting married. We do everything you just mentioned and I have no risk except child support if we split

Common law marriage also does not apply in this state

dunno about that, but if its about cars, americans are not that nationalists. They like japanese, italian and german cars.

You could calculate the tax losses you've suffered by not jointly filing. Do you still get child tax credits if you're not married?

Yeah, you do. Seriously? There are so many unmarried parents..

The sequel by Anne Frank?

"There is absolutely no reason ever to finance a guaranteed depreciating asset."

To add onto this, the 50% marriage stat is only that high because it includes remarriages too, which obviously has individuals who are predisposed to divorce. The divorce rates for first time marriages are much lower and they're decreasing

>the middle class and upper class

There is no such thing as a middle class or upper class. There are only two class: working class and non-working class

If a person has to work for a living, they are working class, no exceptions. It doesn't matter how money a person makes or what kind of house they live in. If a person has to lift a finger to receive money, they are working class.

What is petty bourgeoisie

>>higher education is a scam
but this is true lol

Why is this the case? The answer lies in the declining fortunes
of those without a college degree—a key consideration in
assessing the economic costs and benefits of obtaining a college
degree. On the benefit side, although the wages of collegeeducated
workers have stagnated since the early 2000s—and
even declined in the years since the Great Recession—the wages
of high school graduates have also been falling. As a result, the
college wage premium has remained near its all-time high. On
the cost side, rising college tuition has largely been offset by the
declining opportunity cost of attending school, which, again, is
driven by the falling wages of high school graduates.

You can try to rationalize it all you want. At the end of the day, you are working class.

Chinese phone market is exploding because they aren't under contract by shitty ISP's to make garbage phones. Walk into any ISP retail and the only option they have is the $800 flagship model, the "flagship" doesn't have microsd card or removable battery or 90% of features android had in 2010. Can get all this and more for $150 from any chinese phone. Still get looks from people that if the phone company is in china, it must be shit, yet every phone you can get your hands on in the USA will be ruined by shitty ISPs. Literally no USA company makes a rugged android phone for this cost along with high battery phones like the K10000.

How fucking annoying is it that my parents think I need to go to college to learn a trade in order to make a living, Jesus I know I'm poor but fucking poor people and their shitty dreams about mediocrity

To learn a trade? Learn it yourself and start your own company, impress your parents

It's what I've been doing, but they don't believe in my power to learn because "Hur u never did good in highschool". I know my flaws, and they are big, but don't fucking throw me your shitty mindset of poorness mom

>investing in actively-managed mutual funds is a great idea

>You should get a business degree because it is flexible

>I don't use a credit card. All debt is bad.

>You should always have term life insurance.

>You won't take your money with you when you die. Might as well enjoy it now.

>I want to make a trade, so I'm going to call my local retail broker.

>I let mainstream news and my retail broker influence my investment decisions.

All things I hear constantly from dumb normies.

Also,

>Buying new cars/expensive cars/cars on lease is ever a good idea

car -> asset.

That is hilarious good sir.

Me? No, I'm not. But I've been all 3. There is a major difference.

Does that mean welfare roaches and the homeless are non-working class then?

My Samsung Moto G still works after two years. And I'll bet it'll still work for two more.

Get cucked.

>If the rich get richer, that extra money won't just stay in their wallets. It will trickle down to me.
>The economy should be skewed to favor the rich, because one day I will be rich and will therefore profit from those favors.
>People who make as much as or less than me are all leeches. If it wasn't for them, I would be rich by now.
>I can't get a cushy $60k job because they've all being stolen by Mexican illegal immigrants who can't speak English.
>It took getting $30k in debt and six years of working 60 hours a week at minimum wage for me to make it to this $40k job. So it should be that hard for everyone. Unless their parents are rich.
>The only reason people who make as much as or less than me have financial issues is because they spend all their money on brand new flatscreens, 64gb latest model iPhones as soon as they come out, fancy sportscars and lobster with caviar every night. Except for me. I'm the one person in the world who is in having financial troubles even though I don't buy any of that stuff.
>The minimum wage should only be higher to the point where anyone working 40/hrs a week on it still makes less than I do
>My job treats me like shit and I take it like a bitch. So if workers from another industry decide to form a union and fight for better treatment, I will call them greedy and selfish because they decided to fix their own problems instead of fixing mine for me first.
>All my financial problems would be fixed forever if I only paid a percentage point or two less in taxes.
>If you make enough money to cross over into a higher tax bracket, the increase in taxes will actually outweigh your added income. Good thing I don't make that much!
>Fast food jobs are so easy. I would quit and work there if it paid as much as the job I do now.

dank blog post faggot

>BECAUSE I AM ALIVE, I AM ENTITLED TO HAVE CHILDREN

>Most Made in the USA products are complete shit because of all the corners they have to cut to keep costs down to compete with Made in China prices.
>bought a toof brush
>97cents
>made in USA

pretty great decision on my part, lets MAGA folks

>financing a car
you mean
>owning a car
for those of us who live in urban centres, there's no reason to buy a car. the streets are clogged with vehicles as it is, and autonomous vehicles are coming out within a decade. unless you actually enjoy driving, owning a car in the city is for suckers.

Sure if you don't go anywhere
That's why you buy a used car instead for $8-12k
One that will last you at least 7-8 years
Automated cars are still a long way

>walking/bus/bike
Fuck bitches; get money player pimp.

Nice dubs, user.

Your post is literally the Facebook comments section with used up 40 and 50 somethings who are still delusional to believe everyone should aim for the big bucks management position even though that would over saturate the market.

It's a great idea. I get a brand new car every few years, don't have to worry about warranty or depreciation(which I usually beat anyway because I only go for good deals). And it's a business tax write off.

>the government takes $15,000 out of your check every year
>you receive a tax return of $1,000
Yeah its definitely a win-win, especially since individuals who have a decent income aren't eligible to receive any of the benefits the government offers using their tax dollars

>political activists with no understanding of economics should run our economy, then we'll finally have a utopia just like Velenzuela.

Fuck. Venezuela.

>the only two options are corporotocracy and socialist shithole and there's no in between.

lol really waht the fuck if i get married im moving

>You should always have term life insurance.

my cousins husband who was a trader in forex said I should take out life insurance

why

how is a car not an asset lol

I'm fresh meat to the world. What is the logic of credit scores? It always seemed to me that saving and being prudent was a responsible way to live, but these scores favor taking debts and paying them off timely.

What gives?

Not sure where you got this random stat from the only real difference is just paying it right away and getting a tax return or paying it all at once later for the same amount
There's literally no difference besides the fact that maybe you just want to limit spending to the end of year.