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Picklebobble2 · 61-69, M
Same.
Unfortunately they keep telling me I need to plough ever more into pension funds that don’t perform as well as they need to !
Unfortunately they keep telling me I need to plough ever more into pension funds that don’t perform as well as they need to !
Nomad7 · 26-30, M
@Picklebobble2 I made 80% returns in the last 7 months. Sure, there are many more who lose than those who make money consistently, but there sure is a method to it.
If you gamble, you'll probably lose most of what you invest. Equities can have the best return in terms of risk. Most people don't exactly invest. They speculate, based on rumours and trends
Saying that the stock market hasn't given positive returns in the last 20 years and assuming that will continue is like saying the UK will not continue with economic growth and development.
The point is that after a certain age, you have to make your money work for you. Compounding will make you far richer than you ever will be just working a 9-5
If you gamble, you'll probably lose most of what you invest. Equities can have the best return in terms of risk. Most people don't exactly invest. They speculate, based on rumours and trends
Saying that the stock market hasn't given positive returns in the last 20 years and assuming that will continue is like saying the UK will not continue with economic growth and development.
The point is that after a certain age, you have to make your money work for you. Compounding will make you far richer than you ever will be just working a 9-5
Picklebobble2 · 61-69, M
@Nomad7 And statistically you’d get better returns on a day at the track !
Way too many gamblers and sharks out there
Way too many gamblers and sharks out there
Nomad7 · 26-30, M
@Picklebobble2 I tell you once again, this isn't true
I'm not speaking of trading, but buying a stock based on fundamentals is like buying a house when real estate is down and waiting for the market to realize its true value
Unfortunately, people who do not invest have either lost money or have seen enough people lose money to never bet themselves. But that doesn't validate the statement that you're more likely to make returns betting on racehorses
I'm not speaking of trading, but buying a stock based on fundamentals is like buying a house when real estate is down and waiting for the market to realize its true value
Unfortunately, people who do not invest have either lost money or have seen enough people lose money to never bet themselves. But that doesn't validate the statement that you're more likely to make returns betting on racehorses
hunkalove · 70-79, M
I just hope you're healthy. Arthritis pain 24/7 is no fun!
somedude15 · 26-30, M
@hunkalove I hope so too, I exercise regularly now
hunkalove · 70-79, M
@somedude15 So did I. May have contributed to it.
somedude15 · 26-30, M
@hunkalove yikes😩 guess I gotta start eating better now
666Maggotz · F
I look forward to being so old I don’t have to care about anything.
somedude15 · 26-30, M
@666Maggotz exactly!!
Nomad7 · 26-30, M
@666Maggotz This is hands-down the best username on SW, idk why
666Maggotz · F
@Nomad7 John Gotti was an interesting man lol 🤷♀️
iamnikki · 31-35, F
How about just looking forward to retirement. People are doing that younger and younger.
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SimplyLogicalDiscipline · 36-40, F
Do what you like right now.
somedude15 · 26-30, M
@SimplyLogicalDiscipline if only I could lol. I have to earn a living somehow
SimplyLogicalDiscipline · 36-40, F
@somedude15 human nature 😆, old people want to be young again and you want to be old.
Nomad7 · 26-30, M
It doesn't work that way. Unless you already have enough, you need to earn money to sustain yourself rn and save enough to retire. You should explore and find something you're good at, that you like, something that makes you good money and stick to that




