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/biz/ - Business & Finance


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52325409 No.52325409 [Reply] [Original]

The boomers are right, buying a S&P 500 index funds is the way to go
Crypto are the tulips of the 21st century

>> No.52325427

enjoy your 2% gains a year lmao

>> No.52325470

>>52325427
better than 70% losses

>> No.52325481

>>52325427
>2% gains a year
Nobody tell him the SP500 is down 20% this year

>> No.52325498

>>52325427
With how the markets are right now, most people here would probably be happy with +.02% over the pink wojak bloodbath lmao

>> No.52325499
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52325499

>>52325427
Better than a 93% loss

>> No.52325524
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52325524

Nobody will buy your boomer bags kek baggie.

>> No.52325573

>>52325470
I made 80k off 400 initial from Shiba
My portfolio ATH was around 300k after throwing random 50$-500$ investments here and there
S&P would never get me those gains

>> No.52325612

>>52325573
congrats. you lucked out. now repeat that.

>> No.52325650

>>52325470
Isn't meta down around 70% from ath?

>> No.52325693

>>52325409
>invest for 2% a year
>inflation is like 5-10% a year
LOL

>> No.52325722

>>52325650
Is Meta a S&P 500 index fund?

>> No.52325731

>>52325409
SEXOOO!!!

>> No.52325743

>>52325427
the S&P compounds at 8% annually during a bad stretch, and 15% in the good years, when you look at 10-year runs and longer.
8% will make you a millionaire in just over 25 years if you start with $10k and add $1k every month. at 15% you'll have $2.88m for the same length of time.
but you won't be adding that much. if you start when you're 25 adding $1k every month, you could be adding $5k to $10k every month when you're nearing 50. use a calculator accounts for inflation by increasing the deposit amount by some % every year.
now, if you start with $10k, start depositing $1k/month, increase the deposit by just 10% every year, compound quarterly for 25 years, and the S&P averages 11% over 25 years, you have $3.8m before even factoring in the dividends (which you should reinvest).
what's the matter, don't you like money?

>> No.52325744

>>52325693
COVID fucked everything.
Usually it's the opposite, invest for 5-10% a year with inflation at 2%

>> No.52325783

>>52325743
>dude just wait 25 years lmao

I want to be rich as a 30 year old, not as a boomer who can't even get his dick hard.

>> No.52325859

>>52325573
And someone else lost all their money cause they bought your Shiba. You are the bobo, congrats.

>> No.52325882

buy real estate.

my grandfather bought some land for 40k years ago and it's now worth 3-4 million.

>> No.52325942
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52325942

>>52325409
>niggertoro
Disgusting

>> No.52325966

>>52325882
Is your grandfather from Vancouver?

>> No.52325976

>>52325882
Where do you find quality real estate these days?

>> No.52325997

>>52325966
no, he bought it in a place in Ontario on a major travel route which at the time was sparse.

>> No.52326097

With rising interest rates SCHD is just a better version of SPY desu

>> No.52326114

>>52325409
Brown women don't have pink vaginas, they are black

>> No.52326157

>>52326114
she's tanned not brown

>> No.52326205

>>52326114
Everyone is pink on the inside, virgin.

>> No.52326229
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52326229

Now I want to fuck a donut

>> No.52326245

>>52325409
Fair skin > dark skin

>> No.52326256

>>52325783
Who cares? You're never gonna have sex anyway lol

>> No.52326273

>>52325427
It's like 7-8% a year on average over the last 100 years bro.

>> No.52326301

>>52326256
I literally just creampied ur mom tho

>> No.52326310
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52326310

>>52325409
We know its fucking tulips.. That's why we sold before.
Also, don't gloat...S&P will have its day too. None of this shit is over.

>> No.52326314

>>52325427
Retard

>> No.52326329

>>52325722
Ahh I'm retard

>> No.52326381

>>52325409
MIGHT AS WELL APE IN ON SILVERINOS AND GOLDERINOS

>> No.52326400
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52326400

>>52326329
https://www.youtube.com/watch?v=lf8zQN6agAw

>> No.52326417

>>52326329
thanks didn't know you were

>> No.52326418

>>52325470
what losses boomer?. I'm still at 20,000% gains

>> No.52326445

>>52326301
>bragging about fucking 60 year olds as a 30 year old

wtf

>> No.52326449

Nakadashi marin

>> No.52326680

>>52326445
what can I say? I love me dem saggy hangers

>> No.52326760

>>52325744
>JEWS fucked everything
ftfy

>> No.52326904

>>52325409
Crypto can't be tulips. At least with tulips you got some pretty flowers out of it. Ain't nobody get shit out of BTC.

>> No.52327000

>>52326418
The losses the guy who bought your shitcoins now bagholds.

>> No.52327281

>>52325783
Anon, if you started as a you ng adult at 20, you could be a millionaire by mid 40's. If 45 is too old for you, then the only thing I have to say is "I thought you had to be 18 to post on 4chan?

>> No.52327315

>>52325409
get your tranime picture off of my board NOW

>> No.52327338

>>52326157
yeah and muslims are just tanned germans hehe
kys

>> No.52327347

I wouldn't say it will die like the tulip bubble but I don't think the risk/reward ratio is worth it. My life savings are going into 90% safe bet stocks where I know that if they hit 0 I'll have bigger things to worry about. Remember that when someone promises you a get rich quick they're lying and that you should run a mile from the cult shit you see on discord.

>hurr durr you will be a million before you make it

I achieved my capital goal in under a year and learnt a lot on the way that has been applied to my career. Then I decided I wanted more money for a house so I reached the next capital goal in 7 months. Now I mostly treat my stocks as savings I never take out and I now have a very nice pile of money I've contributed to slowly from my job.

Also I use my money to invest in companies I like and keep around 30% in my country to help it grow.

>>52326229
I'm more aroused by the possibility of eating the doughnut.

t.trying to lose weight

>> No.52327364

Nigga its about to drop to 3200

>> No.52327367
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52327367

>>52326229
Save room for cake

>> No.52327393

>>52325573
dare you to put that 80k back into the slot machine, or did you already and lose it all and are trying to make it back, once again through the slot machine?

>> No.52327435
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52327435

Warren Buffet once said that if he only had to manage a million dollars he could make 50% yearly returns. All it takes is a bit of accounting, business acumen and patience. But most people don't want to put in the work so they dump their paychecks into an SP500 ETF for a 10% annualized return. It's alright for the average schmuck, sure, but you're leaving a lot of money on the table.

>> No.52328018

>>52327435
>Warren Buffet once said that if he only had to manage a million dollars he could make 50% yearly returns.
I unironically think that if he tried that he'd actually end up down not up.

>> No.52328084

>>52325409
Ninibros....

>> No.52328112

>>52328018

He absolutely would, eventually. There has not been a single hedge fund stock picker superstar who did not eventually lose to the SP500 and fall from grace.

Buffet's success doesn't even come from stock picking. It comes from purchasing undervalued quality businesses completely and assimilating them into his corporate empire.

>> No.52328135
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52328135

>>52325573

>> No.52328170

>>52327367
FUCKIN LMAO