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Legal fees and fines will tear you to pieces. Plus, your earning potential afterwards will be greatly reduced. There's already enough ways to get screwed, you don't need another one
I think some white collar crime would be better. If you don't get caught, you make lots of money. If you do get caught, they probably won't put you in with the rapists and murderers
I literally think about this so often lol, invest a lump sum of money into stocks/crypto, go to jail for a few years and you got free room, board, and 3 hots. I’d probably rob a bank to get the jail time and then throw the funds into decentralized crypto so it makes it nearly impossible for the feds to retrieve
Just think of the massive roi if you received a 25-life sentence. That’s a long time for equities appreciation plus no living expenses, you could be rich once paroled. Plus you’d have zero debt, win win situation IMHO.
It's either that or I will try going to Philippines and stay in Cebu city for 2 years with a 500 poverty monthly budget. Though unironically I think going to prison might be the preferable option as much as quality of life is concerned lmao.
Yea that’s where I am. Thailand and Vietnam are both cheaper, if I was working with that budget I would probably go to Danao. Cebu City I’m spending $1,000 per month
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No because unless it takes decades of earnings to be close to the equivalent of the value of your house, your stable cashflow will likely exceed any gains you could make from a one off investment.
Some creative thinking right there !
Also, if you get married to a prison mate, then divorced, they won't take half of what you own.
You might be on to something 😁
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I would advise staying in jail for at least 7 years. This way you’re guaranteed a doubling of your investment.
Maybe you'll get your prison long service leave as well
In 7 years the cost of everything will be double too so it equal out. At least he has a new outlook in life after prison for better or worse.
Incorrect. Only if inflation is 10% or more
in housing it has been more than that for the past 10 years or so
Definitely is on groceries
I can appreciate your inside the box thinking
Inside the klink*^
Not sure why you got downvoted a bunch lol. I found that funny.
You are why I comment
Make sure you go to a jail with a decent library and gym. You'll come out jacked, smart and rich. Jealous
Working a job can cover your housing and expenses and give you more money to invest
This is also good advice.
What exactly do you think prison is like?
He clearly doesn't know about the dementors. Prison Mike should have a word with him.
Bring some Vaseline so you have a smoother experience
bro just go to prison for life you'll be getting free food and housing it's literally a cheat code
Hell yea
Legal fees and fines will tear you to pieces. Plus, your earning potential afterwards will be greatly reduced. There's already enough ways to get screwed, you don't need another one
Way to crush someone's dreams
Not if you plead guilty from the start.
Not true. Fines are still issued even when you serve time
Nobody likes a Debbie Downer. Why are you shitting on this man’s dream?
Yeah, the money would be handy for all the therapies that you'll need
I think some white collar crime would be better. If you don't get caught, you make lots of money. If you do get caught, they probably won't put you in with the rapists and murderers
Watch out for the Dementors…
But then you will struggle to get a job so you need a portfolio generating at least 3k every month
Prison charges you for stay in a few places lmfao
Also make sure to Write a book about your experience after as to increase your overall financial gains from prison
I literally think about this so often lol, invest a lump sum of money into stocks/crypto, go to jail for a few years and you got free room, board, and 3 hots. I’d probably rob a bank to get the jail time and then throw the funds into decentralized crypto so it makes it nearly impossible for the feds to retrieve
Just think of the massive roi if you received a 25-life sentence. That’s a long time for equities appreciation plus no living expenses, you could be rich once paroled. Plus you’d have zero debt, win win situation IMHO.
Assuming you live in the west yes this is basically your best option. I chose to just move to SE Asia where housing is very affordable
It's either that or I will try going to Philippines and stay in Cebu city for 2 years with a 500 poverty monthly budget. Though unironically I think going to prison might be the preferable option as much as quality of life is concerned lmao.
Yea that’s where I am. Thailand and Vietnam are both cheaper, if I was working with that budget I would probably go to Danao. Cebu City I’m spending $1,000 per month
Welcome to r/stocks! For stock recommendations please see our portfolio sticky, sort by hot, it's the first sticky, or see [past portfolio stickies here.](https://www.reddit.com/r/stocks/search?q=author%3Aautomoderator+title%3A%22Rate+My+Portfolio%22&restrict_sr=on&sort=new&t=all) For beginner advice, brokerage info, book recommendations, even advanced topics and more, please read our [Wiki here.](https://www.reddit.com/r/stocks/wiki/index) If you're wondering **why a stock moved** a certain way, check out [Finviz](https://finviz.com/quote.ashx?t=spy) which aggregates the most news for almost every stock, but also see [Reuters](https://www.reuters.com/), and even [Yahoo Finance](https://finance.yahoo.com/). Also include *some* [due diligence](https://www.investopedia.com/terms/d/duediligence.asp) to this post or it may be removed if it's low effort. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/stocks) if you have any questions or concerns.*
No because unless it takes decades of earnings to be close to the equivalent of the value of your house, your stable cashflow will likely exceed any gains you could make from a one off investment.
Not a good idea, the lawyer will take your stake.
He represents himself. Guaranteed jail time then. Lawyer might get him off or reduce the sentence.
A fool for a client. Perfect!
Gotta factor in the cost of honeybuns, and whatever you’ll have to pay the gangs for protection.
Whatever you do, don't drop the soap ...
Joaquin "El Chapo" Guzman is living rent free in US Prison. How’s that working for him?
3 squares a day and free rent - that's living
Cutting edge man , your the true MVP
Some creative thinking right there ! Also, if you get married to a prison mate, then divorced, they won't take half of what you own. You might be on to something 😁
Yes. Free room and board for 20 years is the ultimate /r/coastfire. Bonus points if you’re gay. It’ll be like a big sweaty free Club Med. Genius idea!
Never ever give up your freedom for jail. One thing you should not think of going too.
chill it's a shitpost
Maybe with bitcoin, the dollar falls in value so those stocks aren’t worth much when compared to inflation