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/biz/ - Business & Finance

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57783702 No.57783702 [Reply] [Original]

why don't people simply invest everything they make that isn't required for living so they can retire 20 years sooner

>> No.57783717

>>57783702
Most people don't have that much to save and invest, especially when supporting wife and kids. There's a reason they're called wageslaves. But for the people who do make enough extra, many are very risk adverse or just unaware of the option (financially illiterate).

>> No.57783742

>>57783717
I think most people just overspend and chase higher lifestyles. having a kid sounds like a nightmare if you're single but if you're splitting bills with a partner then a having a kid would probably come out pretty even I imagine

>> No.57783898
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57783898

i'm 34 and got so far about 330k saved. at what point do i get to start spending the money? i'm a terrible worker and hate working and want to get off the fucking work hamster wheel.

>> No.57783970
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57783970

>>57783702
I'm 24 and I only got 275k usd. 6 figure hell blows. Hopefully I can make it if I go allin this bullrun.

>> No.57783985

I'm 16 years old and only just breached 7 figures. Am I going to make it?