How do I make him stop this madness? The thing will never succeed. He also wanted to buy 10k worth of trump coin
My dad wants to open dropshipping business
- Thread starter therandomone
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He's 56 on the dot ( born in 1969 ) he's not like other old heads. He lost almost 100k on failed ventures (forex and the like ) . He thinks he will become a millionaire with it
Make him proud saxeeb at least your dad is aware and smart
100k is a whole salary how rich is your pops. Since your dads a Gen X they are more tech savvy. But start fear mongering and just like everyday tell him about stories of people losing it all. Wallahi this stuff is like gambling Ik some people into it and even if they lose they think they will still come out triumphant.We are poor. He works at the oilfields so he occasionally makes good money he just don't spend much cause all of us (kids) work and pay for things. He has 3 cars with him and newest one is Toyota 60k he bought behind everyone back (my mom pissed). He only lost 100k in 20 years of bad deals.
He falls for mlm schemes , wallahi one day I saw our house full of creams and lotions from pyramid scheme. I'm rarely home too so I don't know what else he does.
Bruh tell him trump coin is already over, you cant double that shit it's too late
if he has disposable money put into mutual fund like vanguard 500. Last 5 years grew 83% probably wont happen next 5 years but should see some gains I think 8% annual can be expected
if he has really good credit and enough for downpayment buy properties and rent it out. Real estate is great business. Next level would be stuff like gas stations motels and maybe even somthing healthcare related or food franchise. Would be generational wealth creators
if he has really good credit and enough for downpayment buy properties and rent it out. Real estate is great business. Next level would be stuff like gas stations motels and maybe even somthing healthcare related or food franchise. Would be generational wealth creators
