You’re right I don’t know wtf these guys are yelling at you for.
Investing 5% of a paycheck is the same regardless of the absolute value of money you invest. It will be just as impactful if the % is the same.
I did some math and if I invested a fraction of my paycheck since I started working, that money would have amounted to several months of the work i was doing at the beginning by now, but I didn’t, because I was stupid and had no clue investing is so easy these days.
My guess is that people thought I am inconsiderate of people’s financial situation. I didn’t mean offense. As for the simply pessimistic, I think they are looking for confirmation bias. Of course for those on poverty, $10 may mean a lot, but for those who are relatively well to do, $10 is not even a lot.
And don’t just take my word for it, most financial advisors will say investing is the best method to grow wealth. I implore people to read comprehensive books to start in investing. The best book for beginners is The Investor’s Mindset by Ben Le Fort. And you are right with the calculations, I also wish I have started investing much earlier. Saving alone is not enough with the growing wealth inequality and rising inflation.
I guess I just don’t want to be a parasite on society and get free money for sitting on my ass doing nothing, but actually improve society and get paid for it instead.
Nothing wrong with investing so long as you avoid unethical companies. But I have to admit it’s a needle in a haystack. And even good ones eventually enshitiffy.
You’re right I don’t know wtf these guys are yelling at you for.
Investing 5% of a paycheck is the same regardless of the absolute value of money you invest. It will be just as impactful if the % is the same.
I did some math and if I invested a fraction of my paycheck since I started working, that money would have amounted to several months of the work i was doing at the beginning by now, but I didn’t, because I was stupid and had no clue investing is so easy these days.
My guess is that people thought I am inconsiderate of people’s financial situation. I didn’t mean offense. As for the simply pessimistic, I think they are looking for confirmation bias. Of course for those on poverty, $10 may mean a lot, but for those who are relatively well to do, $10 is not even a lot.
And don’t just take my word for it, most financial advisors will say investing is the best method to grow wealth. I implore people to read comprehensive books to start in investing. The best book for beginners is The Investor’s Mindset by Ben Le Fort. And you are right with the calculations, I also wish I have started investing much earlier. Saving alone is not enough with the growing wealth inequality and rising inflation.
I guess I just don’t want to be a parasite on society and get free money for sitting on my ass doing nothing, but actually improve society and get paid for it instead.
Nothing wrong with investing so long as you avoid unethical companies. But I have to admit it’s a needle in a haystack. And even good ones eventually enshitiffy.