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Cat
11 months ago

Fail Financial Advice

...don't listen to him they trained him wrong as a joke
If you actually want to end up in debt here are five pieces of hilariously terrible financial advice:

Invest All Your Savings in Beanie Babies: Beanie Babies are sure to make a comeback any day now, right? So why not invest your life savings in rare and collectible plush toys? Just imagine the returns when the Beanie Baby bubble inevitably bursts!

Max Out Your Credit Cards on Lottery Tickets: Who needs boring old savings accounts when you could strike it rich with the lottery? Max out your credit cards on lottery tickets and cross your fingers for that jackpot win. What could possibly go wrong?

Start Your Own Cryptocurrency: Move over Bitcoin, it's time to launch your own cryptocurrency! With just a few clicks and some flashy marketing, you'll be rolling in digital riches in no time. Just ignore the fact that 99% of cryptocurrencies are doomed to fail.

Take Out a Second Mortgage to Buy NFTs: Non-fungible tokens (NFTs) are all the rage these days, so why not mortgage your house to buy some digital artwork? After all, who needs shelter when you could own a virtual cat meme worth millions?

Day Trade Your Life Savings: Why wait years for your investments to grow when you could day trade your life savings for instant riches? Just follow the advice of that guy on Reddit who claims to have made millions in a week. What could possibly go wrong?

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