this post was submitted on 01 Dec 2025
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Chapotraphouse

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It's probably not a good sign that your military is gambling on stocks and crypto in order to get rich...

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the brag about gains, silent about losses is real shit. i have known several ex-mil guys that talk all kinds of game about their investment strategies, and it's all like straw grass bullshit. like they're gonna gordon gecko their way into affording the lifestyle they're already spending.

the thing thats crazy is, even if you are low rank enlisted, you can bank crazy in the military if you live like a monk. live on base, eat in base, save everything, never do anything, and periodically convert your income into index funds or real estate equity using the loans and a property management company.

when you're done, use the GI bill for tuition/housing/living stipend to get a degree in whatever, and you could be caked up so much with lots of personal/professional connections, experience, and education.

i knew a guy who was in the navy and he knew a guy that was on that track. said the guy was frighteningly disciplined, and out of hundreds of clowns, there was only one guy like that.

these guys talking about six/seven figures of networth are bullshit, because you know 60-80% of that is crypto, so might as well be in used diapers if they pull out wrong or late or their exchange gets took.