this post was submitted on 19 Feb 2024
314 points (95.9% liked)
LinkedinLunatics
3583 readers
21 users here now
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.)
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Yes this is a wonderful idea when you live in a magical fantasy world where the vast majority of people do not have any ability to invest in any stocks whatsoever.
These idiots truly just actually think everyone is slightly different versions of themselves.
Assuming constant moderate growth (compared to the historical world-wide average), with even as little as 20currency/month over your entire working lifetime (* 45 years = ~10k), you can expect to gain about ~30k through stocks.
How much you earn scales linearly with your savings rate (the ratio stays the same), so this can be scaled up or down.
Even if your ability to invest isn't great, it's still worth doing.