Ask me any question about gaining wealth, and I'll give you the blackpill truth answer

[Seth Walsh]

Problem is all the money comes too late for it to really matter.

Even if you start investing at 18 you’re pretty much post-prime in 10 years and it’s completely over in 20. That’s not a lot of time for compounding.

Additionally the older I get, the less money I will actually need, because I’ll no longer have any real motivation to go anywhere or do anything - this has already happened to a large extent because it’s clear from my treatment in society that the world would prefer me dead.

So yes you absolutely do need to get rich quick. It’s just impossible and relies on gambling - and I posted a thread about that - the more risky the average behaviour becomes, the worse life is going to get for the majority.

"So yes you absolutely do need to get rich quick."

To those who can do it; get rich quick, enjoy the life it affords; and KEEP the money for the rest of their lives (by investing a huge lumpsum, and additional contributions over time). Then fair play to that person. It's evident that there's no real method to do that?

"Just sim swap $75m and stay anonymous forever bro" is harder and way less probable for it to be you, than it sounds.

Born rich, you're fine, you'll be ahead of everyone. Yet so many people deny the social class pill.

You need to get rich slow for it to be certain that you will build and keep wealth.

It's a game in and of itself.

Your employer keeps you underpaid at the bottom decile of market rate for your skills/experience. Cut it clean and secure a job where the upside grows. Manage your expenses, you'll grow wealth. I

It's necessary for most people to work for a long time. People really don't like hearing that.

Each time you choose not to minimise costs and maximise investment is you resigning to the fact that you'll spend more of your life wageslaving.

Also, saying you're "too old" in your early 30s is just existential dread. A 19 year old tiktoker not being into you because of the agepill is no reason to be inert.

 

[Seth Walsh]

Solo trading/prop firm trading viable or nah given all the institutions trading against retailers?

Do you mean the "prop firm" challenge thing where they give you a funded account with drawdown limits and opaque payout structures? Stay away, waste of time.

In the end you'll realise YOU were being used.

 

[Debetro]

I just don't know.

People always say they have "indicators that the economy will collapse". I don't know. The economy seemed to rebound from '02, '08 pretty easily. Since the US Govt can just print infinite Dollars, they can just keep the game alive artificially.

Investing makes sense fundamentally because companies are purely incentivised to become more profitable, it's their doctrine, otherwise, they lose money. And the money supply is ad infinitum, so everything that trades against money (i.e., US Dollar) cannot not get more "valuable" unless the fail entirely to keep generating revenue.

I am so bullish on technology stocks. Like to an extreme degree.

All European states now live off the printing press, so we have to continue on this path. Without industry, without raw materials, with impossible regulation, sooner rather than later no one will want our colored papers.

 

[Bishoplol]

Do you mean the "prop firm" challenge thing where they give you a funded account with drawdown limits and opaque payout structures? Stay away, waste of time.

In the end you'll realise YOU were being used.

Aight so not long term i take it. I have gotten payouts before but from what u say its not long term.

anyways, if this type of stuff like finance and market behavior interests me a lot what would u suggest i pursue? I have goals already i just want ur take on it

 

[Pendejo]

why the fuck would you use leverage?

Idk, perhaps ask literally anyone that does real state? Lol.

if you want to diversify further buy MSCI world or managed futures... This is for youngcels. The SPX is still a diversified portfolio, maybe not geographically, but it works and has great returns compared to single stock portfolios.

Yeah the SPX had great returns but if you put your money on it now that it is at all time highs, with companies trading at inflated multiples and with the AI bubble burst on the horizon you are just investing looking in the rear view mirror and will have a rude awakening once shit goes down, and this will be even worse for the NASDAQ. If you wanna go down that route because you believe "nothing ever happens" fine but don't claim you are diversifying because you are barely doing it, even if you invest in the MSCI world that's still predominantly US stocks, to be properly diversified you should be invested in emerging markets, China, India, European small caps, etc...

What's your argument? People want to be making money.

My point is that you are giving lackluster financial advice that people could get literally just watching a youtube video and formatting it on a fancy and jargon‑laden way so pajeets can stroke your ego.

 

[Foreverbrad]

"So yes you absolutely do need to get rich quick."

To those who can do it; get rich quick, enjoy the life it affords; and KEEP the money for the rest of their lives (by investing a huge lumpsum, and additional contributions over time). Then fair play to that person. It's evident that there's no real method to do that?

"Just sim swap $75m and stay anonymous forever bro" is harder and way less probable for it to be you, than it sounds.

Born rich, you're fine, you'll be ahead of everyone. Yet so many people deny the social class pill.

You need to get rich slow for it to be certain that you will build and keep wealth.

Regardless whether you make the right decisions for getting rich slow, you will never catch up with either the person who made the “get rich quick” gamble and won, nor the people who simply get to live off family wealth.

You will be stuck in the bottom 80% - you might end up toward the top end of that range but ultimately it’s as pointless as ascending from LTN to MTN - you’re still incel either way. Social class pill with a bit of luck pill mixed in.

And even getting rich slow is not fully reliable. My career was paying £80k for mid-career roles in 2013 when I started but I had to go and do university to ever progress. By the time I came out of that, mid-career roles were £50k - not inflation adjusted. The same thing could happen to anyone.

Each time you choose not to minimise costs and maximise investment is you resigning to the fact that you'll spend more of your life wageslaving.

Also, saying you're "too old" in your early 30s is just existential dread. A 19 year old tiktoker not being into you because of the agepill is no reason to be inert.

If the question here is “can I achieve early retirement” - the answer is yes. But that’s qualified by the fact that I will have to live like someone in the bottom decile both during accumulation and retirement phases to maintain a high investment rate.

This almost guarantees complete social ostracisation and inceldom. It’s not that I hate the lifestyle - I can be happy with very little - but it completely torpedoes any goals you might have to raise your “status” and I do hate being socially ostracised and incel.

 

[4ever]

Go with whatever you want to do long term. Leave a company if your upside is capped. Just aim to scale your salary and become more skilful. As I said, 9-5 working is just linear pay. Inflation and opportunity cost eat into your wealth growth potential over time.

Since I work a "9-5" job. I'm not too concerned with income tax. For example, would I leave my job, to work a job where I'd make the same or more in a 0 tax country (Switzerland, Hong Kong, Singapore)? No.

I am more concerned about taxes around long term equity investing. There are some countries where it is literally impossible to grow a portfolio.

Scaling wealth is:

Scaling salary over time + starting to invest as young as possible + keep expenses very low + automate your contributions + make sure the vehicle you're investing in is low expense + making sure the wrapper your investment vehicle is in, is VERY TAX FRIENDLY.


I can make some top tier threads over the next day if you wish? Core themes will be looks, money and status. But I think some of my perspectives might blow peoples minds. Stuff I've learned over the past years which I never really vocalised sincerely.

Tbh, I just use this place to write whatever I want. But I really feel like making a huge thread with the aim to help and give rational advice.

Go with whatever you want to do long term. Leave a company if your upside is capped. Just aim to scale your salary and become more skilful. As I said, 9-5 working is just linear pay. Inflation and opportunity cost eat into your wealth growth potential over time.

Since I work a "9-5" job. I'm not too concerned with income tax. For example, would I leave my job, to work a job where I'd make the same or more in a 0 tax country (Switzerland, Hong Kong, Singapore)? No.

I am more concerned about taxes around long term equity investing. There are some countries where it is literally impossible to grow a portfolio.

Scaling wealth is:

Scaling salary over time + starting to invest as young as possible + keep expenses very low + automate your contributions + make sure the vehicle you're investing in is low expense + making sure the wrapper your investment vehicle is in, is VERY TAX FRIENDLY.


I can make some top tier threads over the next day if you wish? Core themes will be looks, money and status. But I think some of my perspectives might blow peoples minds. Stuff I've learned over the past years which I never really vocalised sincerely.

Tbh, I just use this place to write whatever I want. But I really feel like making a huge thread with the aim to help and give rational advice.

I'm leaning towards gaining scalable skills first (dermatology is pretty scalable compared to other specialties and offers the free time to build something on the side) and going to a country with better earnings potential later on with that specialized education.
What do you think about living in Australia/ NZ btw?

If you make a high effort thread, you can tag me!

 

[Seth Walsh]

I'm leaning towards gaining scalable skills first (dermatology is pretty scalable compared to other specialties and offers the free time to build something on the side) and going to a country with better earnings potential later on with that specialized education.
What do you think about living in Australia/ NZ btw?

If you make a high effort thread, you can tag me!

Aus/NZ isn't a bad shout. Good wages I hear and nice weather and lifestyle

 

[akaksksksk]

is studying ai gonna make me rich

 

[4ever]

Aus/NZ isn't a bad shout. Good wages I hear and nice weather and lifestyle

At what income level would you start prioritizing work life balance more? Where would you start taking income cuts if it meant better lifestyle?

In the end, we live for more than our career.

 

[poreskin]

Save from birthday gifts or in general. Learn about opportunity costs. You get lunch money? Skip lunch.

Don’t steal, especially not from your parents. God will strike you down.

Try to sell stuff you have that you don’t want. Old Pokémon cards, game console? Etc

I do the lunch money method alot,

And theres a good chance that god is possibly not real but i wont steal anyways

 

[Serialsuicide]

Try see everything in life like a system. Then you’ll learn the maths, and you can build valuable things with code.

Ironically, understanding math won’t make you a great trader.

The edge in (quant) trading now lies in raw silicon microstructure and speed of light path optimisation, it’s really crazy ngl.

For your own trading. You’ll hate to hear this. Not much maths needed. Discipline, sticking to a convex payoff system, and risk management.

People really don’t understand how it’s just near impossible to be a profitable “self trader” the risk of ruin is always there and is always ignored.

The markets move so unpredictably, since it’s the aggregate psychology of ALL participants at ALL times, and external events change the aggregate psychology mix. It can’t be modelled. It’s the most impossible thing ever.

Humans are irrational. The markets CANNOT be predicted. That’s the truth.

How can I become a professional trader? Did you go to college

 

[decadouche57]

Save from birthday gifts or in general. Learn about opportunity costs. You get lunch money? Skip lunch.

Don’t steal, especially not from your parents. God will strike you down.

Try to sell stuff you have that you don’t want. Old Pokémon cards, game console? Etc

Terrible fucking advice

 

[Mutumbu]

Should I pay attention to politics or is it just a distraction?

 

[amp]

Specific questions only. All my replies will be actionable.

is options trading viable

 

[m0ss26]

this nigga expects us to listen to him

bro ur indian?? KUMAR

lowkey ur music not bad

 

[amp]

Should I pay attention to politics or is it just a distraction?

over for you

 

[chromednash]

bro ur indian?? KUMAR

lowkey ur music not bad

I’m khalistani, idk how I got that last name

None of my parents have that last name

I was from and raised in aus tho (accept me white man please Saar)

 

[looks>books]

Specific questions only. All my replies will be actionable.

Can you provide evidence that we should trust you/you’ve succeeded?

 

[ulose22]

lo

Because you're doing it the default way.

Hourly wage and salary = linear.
Wealth = non-linear.

Linear systems lose to nonlinear systems over long horizons.

Compounding edge, speed of capital deployment, cost minimisation, high earnings and tax relocation mean everything.

It's not a trope. Make your money work for you. Investing early may seem futile because you don't see capital growth fast enough. But early, tax efficient investing will make you wealthy and stable in your future.

Try to automate as many things as you can. 1) in work, you get your time back, and you learn coding/technical skils. 2) Your investment contributions (if they're automated every week or month, you'll never miss an investment.

Compounding is the 8th wonder of the world. You want to keep a 3-6 month bursary/emergency fund, land a high earning job, keep expenses super low, and rapidly deploy capital back into investments. Just the SPX, NDX, MSCI World.. whatever. If you're a UScel. You can buy the VOO for 0.03% expense per year.

Then think about your biggest expenses. House/accommodation.. Living at home? Great, save and invest. Renting? Stay frugal, use the excess to invest.

Weigh up the pros and cons of saving for a downpayment and paying a mortgage, versus renting. Renting may seem like it's throwing money into the ether; and it is if you have a low wage. So career max and go after a higher paying job like your life depends on it. Once you have that, the rental expense will be absorbed in your income and will be MANAGEABLE.

The problem is you don't own assets. Stocks are the best ROE assets. So stack-em. Diversify in the NASDAQ and/or S&P500 and you'll be fine. Regular contribution is what counts to most. As much as you can afford.

Don't spend huge money recklessly. Goes without saying. Try to stop going out clubbing if you're past the age of like 23. You're coping and wasting more money than you care to admit.

You may have have predators in your loop.

• Employers extracting surplus.
• Rent, debt, interest, fees, subscriptions, lifestyle creep.
• Parents / peers telling you what “responsible” looks like (house, car, safe job) because that keeps you predictable, not rich.

You don’t realise how rigged it actually is.

• r > g: return on capital (r) tends to beat wage growth (g) over time. That means “people who already have capital” mathematically pull away from “people selling time,” even if the second group works harder. This is observed globally, not theory.
• So if you start with nothing and play the wage game straight, you’re in a race you are supposed to lose.

"So yes you absolutely do need to get rich quick."

To those who can do it; get rich quick, enjoy the life it affords; and KEEP the money for the rest of their lives (by investing a huge lumpsum, and additional contributions over time). Then fair play to that person. It's evident that there's no real method to do that?

"Just sim swap $75m and stay anonymous forever bro" is harder and way less probable for it to be you, than it sounds.

Born rich, you're fine, you'll be ahead of everyone. Yet so many people deny the social class pill.

You need to get rich slow for it to be certain that you will build and keep wealth.

It's a game in and of itself.

Your employer keeps you underpaid at the bottom decile of market rate for your skills/experience. Cut it clean and secure a job where the upside grows. Manage your expenses, you'll grow wealth. I

It's necessary for most people to work for a long time. People really don't like hearing that.

Each time you choose not to minimise costs and maximise investment is you resigning to the fact that you'll spend more of your life wageslaving.

Also, saying you're "too old" in your early 30s is just existential dread. A 19 year old tiktoker not being into you because of the agepill is no reason to be inert.

low iq

 

[Seth Walsh]

Can you provide evidence that we should trust you/you’ve succeeded?

You don't need to trust me but what evidence are you looking for? For obvious reasons I don't want to put stuff out that ties back to my identity. Though the advice I've been putting on looksmax over nearly that past 7 years is pretty consistent.

People say my older posts, or old account posts were better because that's when I was younger and actually trying to figure things out, implementing routines and reporting back.

Nowadays I just post whatever I feel like. I'm not chasing dialog, I'm not chasing rep (never was), but how I post on here has changed obviously. Otherwise I'd be a broken record.

 

[Prøphet]

@Seth Walsh Is college worth it

 

[Seth Walsh]

@Seth Walsh Is college worth it

Yes but do a good degree with the aim to get a high paying job too.

If you're doing finance then a Masters in Quantitative Finance is probably the GOAT tier postgrad degree.

If Law/Medicine, you will HAVE TO GO TO COLLEGE.

If you don't have the means to go to college, it's not over, just do the best you can.

I'd really advise against useless degrees though, even if they "match your interests".

You wanna try get the best opportunity after your degree, and choose a degree you can achieve for that case. Sounds obvious and boring but I think it needs to be said.

 

[Sujumh]

Best way to make MONEY when ur 17 unable to work part time or best place to invest ur time in when ur this age
@Abdullahm06 @vvd @chromednash

 

[BenjaminMathew]

@Seth Walsh best rescources to learn trading ? I have very high iq and also ADHD i can spot patterns and predict trends very well and i really want to learn how to trade but everyone says "watch tjr" but alot of ppl say thats bs whats the best rescource no bs to learn?

 

[Serialsuicide]

Yes but do a good degree with the aim to get a high paying job too.

If you're doing finance then a Masters in Quantitative Finance is probably the GOAT tier postgrad degree.

If Law/Medicine, you will HAVE TO GO TO COLLEGE.

If you don't have the means to go to college, it's not over, just do the best you can.

I'd really advise against useless degrees though, even if they "match your interests".

You wanna try get the best opportunity after your degree, and choose a degree you can achieve for that case. Sounds obvious and boring but I think it needs to be said.

answer my question too

How can I become a professional trader? Did you go to college

 

[KeepCopingLads]

I will get like around 1k gbp from uk government set child trust fund
What do you think I should do with the 1k, it's obviously not enough for surgery or to spend

 

[Seth Walsh]

I will get like around 1k gbp from uk government set child trust fund
What do you think I should do with the 1k, it's obviously not enough for surgery or to spend

Gym membership

 

[Seth Walsh]

answer my question too

idk man, ye i went to college, dont know how you will become a professional trader

 

[KeepCopingLads]

Gym membership

Bruh
I can get that now
I'm asking about what you would put your money in and shi

 

[Seth Walsh]

Bruh
I can get that now
I'm asking about what you would put your money in and shi

Nothing. I keep all my money like my life depends on it.

My name is Seth.

So idk. If I were you, I'd keep the money in the bank. Maybe buy a good pair of earphones? I wouldn't put 1k into crypto if you're getting it from some trust fund.

 

[KeepCopingLads]

So idk. If I were you, I'd keep the money in the bank. Maybe buy a good pair of earphones? I wouldn't put 1k into crypto if you're getting it from some trust fund.

Yh so it was set up by the government when I was born but my parents never put in any money (not even a pound)
So it started off as 500 and now it's like 800-900
1K ain't life-changing money, I just want to know what you would do to increase that

 

[Seth Walsh]

Yh so it was set up by the government when I was born but my parents never put in any money (not even a pound)
So it started off as 500 and now it's like 800-900
1K ain't life-changing money, I just want to know what you would do to increase that

Not much you can do man I'm just being honest. Keep it in? Don't gamble it. I'd just take it and bank it if I were you

 

[KeepCopingLads]

Not much you can do man I'm just being honest. Keep it in? Don't gamble it. I'd just take it and bank it if I were you

Would it even be worth it to put in like the s and p or an etf?

 

[looks>books]

You don't need to trust me but what evidence are you looking for? For obvious reasons I don't want to put stuff out that ties back to my identity. Though the advice I've been putting on looksmax over nearly that past 7 years is pretty consistent.

People say my older posts, or old account posts were better because that's when I was younger and actually trying to figure things out, implementing routines and reporting back.

Nowadays I just post whatever I feel like. I'm not chasing dialog, I'm not chasing rep (never was), but how I post on here has changed obviously. Otherwise I'd be a broken record.

No have you made lots of money personally?

 

[PunjabiPlayboy]

Problem is all the money comes too late for it to really matter.

Even if you start investing at 18 you’re pretty much post-prime in 10 years and it’s completely over in 20. That’s not a lot of time for compounding.

Additionally the older I get, the less money I will actually need, because I’ll no longer have any real motivation to go anywhere or do anything - this has already happened to a large extent because it’s clear from my treatment in society that the world would prefer me dead.

So yes you absolutely do need to get rich quick. It’s just impossible and relies on gambling - and I posted a thread about that - the more risky the average behaviour becomes, the worse life is going to get for the majority.

Only happens if you're boneless prime is 23-34. You're just looking for excuses because you know it's over for you and money will at max just get you thai prostitutes or low SEI blonde bimbo from Alabama

 

[PunjabiPlayboy]

Solo trading/prop firm trading viable or nah given all the institutions trading against retailers?

Just lol at prop firm. Just put it all in nasdaq bnb eth sol ltc and gold/ rhodium and chill. You don't have the equipment or the training to do intraday or even swing

 

[Bishoplol]

Just lol at prop firm. Just put it all in nasdaq bnb eth sol ltc and gold/ rhodium and chill. You don't have the equipment or the training to do intraday or even swing

I'm not even gonna get into my income with prop firms, I was honestly just asking his opinion. I'm well off financially because retail traders are reactive meaning not market movers but moving based on what the market movers present. Intraday is great for this, swing a bit less because of news and geopolitical stuff. Putting some in what you listed is smart but for me it makes more sense to invest back into props and just do that. The profit margin is insane given the challenges are usually not over $100, just saying

 

[kollsy]

Specific questions only. All my replies will be actionable.

making content on tiktok ,youtube,etc?