Message from @Sugar Goat

Discord ID: 728624637457727498


2020-07-03 14:44:51 UTC  

Assets include my truck, my house, and my firearms collection

2020-07-03 14:44:56 UTC  

Don't think $4 is enough. It is definitely a risk. A family friend who is practically my uncle owns a bar that has the perfect location.

2020-07-03 14:47:06 UTC  

He took a risk starting it, but it has turned into a good investment.

2020-07-03 14:48:21 UTC  

$4 to your name?

2020-07-03 14:48:23 UTC  

Holdup

2020-07-03 14:48:31 UTC  

I would venture to guess, being thinking rationally for the time being, that at this moment in my life it's not a great idea.

2020-07-03 14:49:28 UTC  

@Deleted User I'm employed. I actually have less than that when it gets into debt (truck, school, e.t.c.). My job pays well but I did a stupid thing and got into trouble

2020-07-03 14:50:17 UTC  

Probably not. There is a lot that goes into starting a business that you need to be prepared for, so probably best to wait until you have a better footing.

2020-07-03 14:50:30 UTC  

Oof

2020-07-03 14:50:43 UTC  

**bruh**

2020-07-03 14:50:51 UTC  

https://cdn.discordapp.com/attachments/707691030748594294/728623803105542164/video0.mp4

2020-07-03 14:51:05 UTC  

@The SleepyDragon we wanna keep the general chats uncluttered. Please try to keep memes in any of the meme channels.

2020-07-03 14:51:17 UTC  

@Froski That was my line of thought, but I'm also trying to move forward in life, ya dig?

2020-07-03 14:51:25 UTC  

Noted sorry

2020-07-03 14:52:31 UTC  

Absolutely. @Deleted User Honestly, starting small with investments is really helpful. Maybe talk to a local bank about putting 10% of what you make in a pay period into investments. Allow them to build it up and down the road you may have the funds to start a bar up.

2020-07-03 14:53:13 UTC  

You want ETF funds.

2020-07-03 14:53:16 UTC  

Fidelity.

2020-07-03 14:53:24 UTC  

@Froski I think that smart. Now, what say you when it comes to business partners?

2020-07-03 14:53:29 UTC  

If.you aren't saving for retirement, you're making a mistake.

2020-07-03 14:53:50 UTC  

Are you asking me to be a business partner or are you asking about having partners?

2020-07-03 14:54:10 UTC  

Our fiat currency is on shaky ground, but shares in companies will be worth something.

2020-07-03 14:54:21 UTC  

@Froski I'm not asking you to invest. What're your thoughts on having partners

2020-07-03 14:55:13 UTC  

@Sugar Goat Bro, my savings went away with court costs and attorney fees. I did it to myself, I can't complain, but I'm gonna invest in precious metals starting anew

2020-07-03 14:55:20 UTC  

Partners are great, because it relieves stress from yourself, but you need to make sure it is somebody you trust. If you don't trust that person with 50k, do you really want to be in a potential business with them?

2020-07-03 14:55:23 UTC  

Yikes nooooo

2020-07-03 14:55:28 UTC  

Don't buy gold now

2020-07-03 14:55:30 UTC  

It's high

2020-07-03 14:56:05 UTC  

And gold's price is just measure of how well the US economy is doing compared to the Chinese economy right now lol

2020-07-03 14:56:29 UTC  

What experience do you have in the restaurant industry?

2020-07-03 14:58:00 UTC  

@Sugar Goat I'm not through the legal forest rn. When start anew I'll assess how all the metals are doing. It doesn't seem like you can lose too terribly much in that market, especially after paper currency crashes.
In terms of experience; none. But I ain't too terribky dumb, and my parents had a couple businesses for awhile, so I have at least someone to bounce ideas off of.

2020-07-03 14:58:38 UTC  

Yes, you can lose your shirt. People do all the time.

2020-07-03 14:58:55 UTC  

You should be working in restaurant management now.

2020-07-03 14:59:13 UTC  

Restaurants are very hard to keep in the black. Super thin margins.

2020-07-03 14:59:33 UTC  

Landscaping and maintenance is a much less risky venture.

2020-07-03 15:00:45 UTC  

Good morning

2020-07-03 15:00:54 UTC  

I probably only gravitate towards a bar because that's my own vice. It'd likely be smarter to start in a landscaping business. The only issue is that I live in an incredibly rural area. Not too many people will pay for that. You know what hicks do love? Being a hick I can say that we love to drink.

2020-07-03 15:00:58 UTC  
2020-07-03 15:02:15 UTC  

You definitely should not own a bar then. Lol.

2020-07-03 15:02:30 UTC  

Hi

2020-07-03 15:03:09 UTC  

I remember Biggie's 10 crack commandments. One of which is never get high on your own supply. I take that to heart.

2020-07-03 15:08:29 UTC  

Honestly, don't go gold or metals. What you want money in, investment-wise, tends to be technology. Tech has been leading the curve in the recovery and makes it a bit more secure. For example, XLK, which has been doing wonders for my investment portfolio.