>the only way to not be homeless in your twilight years is to have a source of passive income>the most common way to get this is to diligently contribute to a 401k for 40 years>millions of people buying index funds every month, like clockwork, regardless of the price>everyone buys the s&p because it always goes up>s&p goes up because everyone always buys it>money consolidates into a few hypermegacap companies>said hypermegacaps use this vast wealth (that you gave them) to buy politicians>a datacenter appears in your back yard>onions and corn syrup in all your food>infinity indians arrive to replace youThe 401k and its consequences, faggots. This is boomer investing. This is boomerism at its core.
I have GYATT to tell my friend not to invest into the shit and piss
>>61880790Huh?My property tax is $30 a year. I have no mortgage. And 4 kids to help me out when I'm elderly.
>>61880790>a datacenter appears in your back yard>onions and corn syrup in all your food>infinity indians arrive to replace youcould be worse desu
you're butthurt cause your faggot pink wojaks memes don't work on proper investing
>>61880790just take care of your body so you never have to quit your job at mcdonalds and you'll be fine during retirement
>>61880790The Esspee doesn't always go up because people are always buying it. This video does a pretty good job of shedding light on what the 500 Peepees actually is, mechanically.https://youtu.be/TQuxVz52w2w?si=1hcAYjmcXvNaNCEy
