Having that much money as a paypal balance and not at least in a bank account or invested is insane
this post was submitted on 30 May 2025
897 points (98.5% liked)
Lemmy Shitpost
32074 readers
3969 users here now
Welcome to Lemmy Shitpost. Here you can shitpost to your hearts content.
Anything and everything goes. Memes, Jokes, Vents and Banter. Though we still have to comply with lemmy.world instance rules. So behave!
Rules:
1. Be Respectful
Refrain from using harmful language pertaining to a protected characteristic: e.g. race, gender, sexuality, disability or religion.
Refrain from being argumentative when responding or commenting to posts/replies. Personal attacks are not welcome here.
...
2. No Illegal Content
Content that violates the law. Any post/comment found to be in breach of common law will be removed and given to the authorities if required.
That means:
-No promoting violence/threats against any individuals
-No CSA content or Revenge Porn
-No sharing private/personal information (Doxxing)
...
3. No Spam
Posting the same post, no matter the intent is against the rules.
-If you have posted content, please refrain from re-posting said content within this community.
-Do not spam posts with intent to harass, annoy, bully, advertise, scam or harm this community.
-No posting Scams/Advertisements/Phishing Links/IP Grabbers
-No Bots, Bots will be banned from the community.
...
4. No Porn/Explicit
Content
-Do not post explicit content. Lemmy.World is not the instance for NSFW content.
-Do not post Gore or Shock Content.
...
5. No Enciting Harassment,
Brigading, Doxxing or Witch Hunts
-Do not Brigade other Communities
-No calls to action against other communities/users within Lemmy or outside of Lemmy.
-No Witch Hunts against users/communities.
-No content that harasses members within or outside of the community.
...
6. NSFW should be behind NSFW tags.
-Content that is NSFW should be behind NSFW tags.
-Content that might be distressing should be kept behind NSFW tags.
...
If you see content that is a breach of the rules, please flag and report the comment and a moderator will take action where they can.
Also check out:
Partnered Communities:
1.Memes
10.LinuxMemes (Linux themed memes)
Reach out to
All communities included on the sidebar are to be made in compliance with the instance rules. Striker
founded 2 years ago
MODERATORS
Especially since PayPal has a history of locking people's accounts.
Back in the day, people used PayPal for e-commerce and if they didn't like you, say you sold "Fuck PayPal stickers", they would absolutely freeze your account with all the money in it.
Back when I was doing art for money (not adult or furry stuff, sorry) I had years of racing to the computer or in some cases, the ATM, to transfer new payments out of Paypal.
Because they make decisions on behalf of linked providers, like ebay. If you have ebay fees due, you don't get flexibility when you can pay it, Paypal just grabs it the next time it sees money come in. They do this with all kinds of fees and payments, if you have a delicate life like say... being a struggling artist, you are gonna get reamed by paypal and associated predatory companies. Not that there's a lot of choice.
Idk how much of that you’d wanna invest in stocks…soo risky and soo long to see any noticeable returns at all…
Keep th money you need short-term for your business. Put the rest in index funds. With 100k lying around like that, you lose a few thousand dollars per year to inflation.
What are index funds
An index is something like S&P 500 - a (weighted) collection of different stock. Instead of buying a single stock, you could replicate this index, by splitting your money across all of its stocks. That way your risk is somewhat reduced, as the failure of a single company will not wipe out your entire investment. But that would be a lot of effort, as you'd constantly have to buy and sell stocks to match the index. For that, there are index funds. These are just big funds with a lot of money, which they spread over many stocks to replicate an index. You, in turn, can then buy shares of that index fund. These are typically traded at an exchange as well, hence the name exchange traded fund (ETF). Investing in the right ETF allows you to invest into the economy as a whole, and reduces risk from individual stocks.
Thank u!
Invest in whole market ETFs instead of individual stocks. Much less risky. Still risky, but not stupid risky.
I micro-invest in companies I am familiar in working with at my job. Mostly bio-tech/healtcare/pharm. I have a 403B that is invested in index funds and bonds that is more serious savings. The Robinhood account is more like... a shoe closet. I buy the shoes I like and rarely sell them unless they, well give me a bad experience in real life (looking at your Reddit, Amazon, and Meta). After Trump was elected... I expanded my horizons to European ETFs and Chinese car companies.
Ok and how much money did u initially start with and how much money have u made since u started
🫴 💲 ?
You draw lesbian furries how fucking embarrassing
Oh yeah, well!
Mo money mo problems. So you have negative problems which has to be nice
Just make a deposit. It says so on the screen
/s
I take it back
I stopped using Paypal a few years ago. But I had to through it to cancel any subs and recurring payments very carefully. I never had them freeze my account/money but I had friends that happened to related to Ebay transactions. Those instances soured me on selling on Ebay as well.
Do NOT leave that amount of cash on your PayPal if you draw porn, they might shut down your account and you can lose it with zero recourse.
Yeah, this is a flex of naivete re PayPal, more than anything, lol
Correction: Regardless of what you do.
Maybe that's just from that day.
You guys. This is a meme. There's no reference to any real people. I think the person youre imagining is going to be ok.
I took it as more of a PSA
Did you reply to the wrong comment?
load more comments
(3 replies)
Holy fuck why would you keep that much in your paypal account jfc that’s risky
FR. For anybody that doesn't know Paypal's customer support is abysmal and they can freeze your account for petty reasons without warning. There are many cases of people fighting with Paypal for months before being able to cash out, you should never use it to hold money.
load more comments
(1 replies)
load more comments
(3 replies)
Story time: I have a side business selling web optimization services. UX, AB testing, etc.
I got busy and didn't take my money immediately after completing a few projects and one of my clients complained to Paypal about my service. My account was immediately locked and it took me at least 3 months to get access back to my account.
They basically had 15k of my money, interest free for them to play with even tho the contested amount was $500. I ended up just eating the 500 just to get access to my account, even tho the client is still using the improvements I made to their site.
So ya, fuck Paypal. Fffuuuucccckkk PayPal.
load more comments
(19 replies)
view more: next ›