this post was submitted on 19 Feb 2024
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LinkedinLunatics

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A place to post ridiculous posts from linkedIn.com

(Full transparency.. a mod for this sub happens to work there.. but that doesn't influence his moderation or laughter at a lot of posts.)

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[–] [email protected] 53 points 9 months ago (2 children)

Inflation (when considering the rise of cost of living): 6%
Returns of investment funds my bank offers: 5%
Disposable income to use for investing: 0

Yeah, the math works out just fine on this one.

[–] Tar_alcaran 21 points 9 months ago (1 children)

Well obviously, you should have just picked a better stock. Crystal balls aren't really that expensive you know!

[–] [email protected] 14 points 9 months ago (1 children)

And you should have picked a better disposable income.

[–] Tar_alcaran 6 points 9 months ago

Yeah, rookie mistake.

[–] sugar_in_your_tea 14 points 9 months ago (2 children)

Investment returns of broad market: 10-15%. Don't invest with your bank, invest with a brokerage.

That doesn't exactly work if you don't have money to begin with though...

[–] [email protected] 3 points 9 months ago

Step 1. Have money

Well I guess we're fucked.

[–] [email protected] 2 points 9 months ago

The first rule of making money: Have money.