chronil3058·hace 9 meses·discuss>It tells you something about how much a gambling place the market is when a site like this has a one day default for the price change.Because earning 10% in passive index funds over 20-30 years will not make you rich.Subtract taxes and inflation, and you’re at low single digit returns.The average tech person “gambling” with stock picking will have the same quality of life as the passive index fund investor.However the gambler has higher chance at generational wealth. The index fund investor does not.
Because earning 10% in passive index funds over 20-30 years will not make you rich.
Subtract taxes and inflation, and you’re at low single digit returns.
The average tech person “gambling” with stock picking will have the same quality of life as the passive index fund investor.
However the gambler has higher chance at generational wealth. The index fund investor does not.