/biz/ - Business & Finance

But anon, all the guys selling retirement plans assured me the stock market is always going to go up!
What are you, some sort of illiterate hillbilly that doesn't believe in compound interest?

I'm calling JP Morgan on you!

>>15076398
401k are a scam. But don't believe me or do your own research, just work for 40 years and find out then.

>>10738700
>>10738739
I didn't like Unscripted as much as TMFL because I felt it was too informal for my taste, though it has some very useful tips at the end on how to increase and preserve your wealth once you've made it.
Still worth more than any book that sells you the compound interest meme and most other mainstram advice as the path to riches.

>>9199505
Compound interest is a scam, unless you already have the millions to leverage decent interest payments.

You yourself already said it when replying to another anon, compound interest doesn't deliver because there also is compound inflation. You may actually get to have millions when you're 65 years old, but by then a loaf of bread may cost one hundred dollars and then you'll realize you've been scammed for more than a half of your life and you can't get neither your money nor your time back.