/biz/ - Business & Finance

[Anonymous No.55360405]

Do you believe in the S&P 500 long-term? Considering putting my down payment into the fund and continuously putting in an additional $30K-$40K a year to cash out in 10-15 years once interest has accumulated to around $800-900K.

It seems like the only way I'll ever own a lovely home for my wife and kids. Anything else seems like settling.

[Anonymous No.55360415]

[Anonymous No.55360433]

Put some in QQQ and some in other markets

[Anonymous No.55360447]

>>55360405
>my wife and kids
ngmı

[Anonymous No.55360483]

>>55360405
>long term

Daily reminder that finance is pseudoscientific make believe garbage and capitalism is inherently unstable, exploitative and unsustainable with a built in expiration date. Ever escalating recessions, poverty, debt, wealth inequality, monopolies, worsening labor conditions, disease, pollution, exploitation, slavery, conflict and wars are fundamental, necessary and intended principles of it, NOT glitches. Greed, selfishness, lying, cheating, stealing, competition, conflict, slavery and war and overall evilmaxxing are behaviors highly encouraged and incentivized under capitalism. It is LITERALLY cancer and i dont mean it metaphorically, i mean it literally, it shares the exact same functions and principles as a cancer cell.

Unless every single financier parasite, banker and trader is euthanized and every stock market and bank is burned to the ground, and the status quo completely abolished, the biosphere and all life will extinguished. You dont have another cycle parasite.

[Anonymous No.55360490]

>>55360483
I don't disagree but I still need a house you faggot.