Most of you guys would be better off buying index funds and forgetting about them in 30 years. Contribute to a 401k every paycheck so it’s invested pre tax. That's it. No need to bother with trading trash and losing all your money.
>>60923387taking a few moderately risky bets while you're young can be smart. taking a lot of very risky bets and ignoring the safe but sure bets isn't, no matter how young you are, because the opportunity cost of missing the years of compounding of those moderately safe, moderate return investments is also higher when you're young.
After tax and inflation you're probably losing money in index funds.But most people would be better off buying bitcoin every month and forgetting about it for the next decade.
>>60923387>pay off of being extremely wealthy and in the prime of your lifemost likely you'll just develop a mental illness and will hold off living your real life year after year missing your prime. Meanwhile with my approach you can just enjoy the journey and feel good knowing every year sets you a bit better than the last. I'm guessing you're just an ugly guy with no hobbies that thinks money will actually get him an attractive wife who won't just make your life hell and then take half your assets.
I transfer all my 401k contributions through brokerage link and get the best of both worlds. Most in index funds with a few risky plays. Doesn't have to be so black and white.
