92
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 09 Feb 2024
92 points (98.9% liked)
Movies
7512 readers
90 users here now
Welcome to Movies, a community for discussing movies, film news, box office, and more! We want this to be a place for members to feel safe to discuss and share everything they love about movies and movie related things. Please feel free to take part and help our community grow!
Related Communities:
!books@lemmy.world - Discussing books and book-related things.
!comicbooks@lemmy.world - A place to discuss comic books of all types.
!marvelstudios@lemmy.world - LW's home for all things MCU.
While posting and commenting in this community, you must abide by the Lemmy.World Terms of Service: https://legal.lemmy.world/tos/
-
Posts or comments that are homophobic, transphobic, racist, sexist, ableist, or advocating violence will be removed.
-
Be civil: disagreements happen, but that doesn’t provide the right to personally insult others.
-
Spam, self promotion, trolling, and bots are not allowed
-
Shitposts and memes are allowed until they prove to be a problem.
Regarding spoilers; Please put "(Spoilers)" in the title of your post if you anticipate spoilers, as we do not currently have a spoiler tag available. If your post contains an image that could be considered a spoiler, please mark the thread as NSFW so the image gets blurred. As far as how long to wait until the post is no longer a spoiler, please just use your best judgement. Everyone has a different idea on this, so we don't want to make any hard limits.
Please use spoiler tags whenever commenting a spoiler in a non-spoiler thread. Most of the Lemmy clients don't support this but we want to get into the habit as clients will be supporting in the future.
Failure to follow these guidelines will result in your post/comment being removed and/or more severe actions. All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users. We ask that the users report any comment or post that violates the rules, and to use critical thinking when reading, posting or commenting.
founded 2 years ago
MODERATORS
If only I had the generational wealth to make that initial investment... damn my poor pre-life decisions!
Just buy more money, sell one of your investment properties or, in a really dire emergency when your back is against the wall and you feel the crushing weight of your debt stuffing you leg-first into the woodchipper of ongoing financial obligations, bite the bullet and take an early withdrawal from a trust fund. That's if you can't get a small loan of a few million dollars from your parents to help make ends meet.
It's a tough world out there but perseverance, gumption and obscene familial wealth will take you far.
I truly appreciate the advice. I hadn't even considered asking my mom if she had enough left over from paying space rent on her mobile home to loan me a few million. Gosh, I'm such an idiot. No wonder I live paycheck to paycheck!
I'll also remember to leverage my gumption when I get sick and have to pay a medical bill. I'm sure that has a decent market cap still. 🇺🇸
If you lose $100, you can write off $100 against your other gains. Why’d you need generational wealth?
Gonna go out on a limb speaking for myself and say, losing a hundred bucks isn't something that is really gonna push the needle on my 12k minimum write off. But, it will definitely keep me in the speculative ramen market for another few months.
Neither is 80M on a multi-billion multi-national corporation operation. WBD had $6.157B of gross income in FY2022 (FY2023 data aren't out yet, but it's close enough as a proxy). Writing off $80M against $6B is like someone with $100K incoming writing off 1.3K of losses. This is a drop in the bucket for them, just like how a couple hundred bucks are drop in the bucket for those of us that are some what privileged.
Word.