VisualMod t1_jef6t6k wrote on March 31, 2023 at 3:54 PM

>Why would I want to do that when I can make so much more money by gambling?

Flashy_Ad_3383 t1_jef7pw3 wrote on March 31, 2023 at 4:00 PM

Chances of making 100X through S&P500: 100 percent

Changes of making more through gambling and not losing money: 0.0000000000001 percent

Big difference

Minimum_Finish_5436 t1_jef7zzq wrote on March 31, 2023 at 4:02 PM

So there is a chance?

cryptodims t1_jef7gln wrote on March 31, 2023 at 3:59 PM

2 week old account dropping “wisdom”.

konstantinos2000 t1_jef856r wrote on March 31, 2023 at 4:03 PM

Flashy_Ad_3383 t1_jef9puk wrote on March 31, 2023 at 4:13 PM

Warren Buffet recommends S&P500

throwawaydonaldinho t1_jef9vzf wrote on March 31, 2023 at 4:14 PM

In other news, water is wet.

Positions or ban

cryptodims t1_jeg90w8 wrote on March 31, 2023 at 8:06 PM

Heading into a recession? Even tBills have better prospects.

freeeraine88 t1_jef74mq wrote on March 31, 2023 at 3:56 PM

Global warming going to kill me in 5 to 12 years though

whydouhatemecablegod t1_jef7kw6 wrote on March 31, 2023 at 3:59 PM

not if you eat the bugs crunch crunch ;)

biggerarmsthanyou t1_jef78ym wrote on March 31, 2023 at 3:57 PM

True, gotta get that bag NOW

Wonderful-Tip4305 t1_jef7750 wrote on March 31, 2023 at 3:57 PM

the flair should be "meme"

Flashy_Ad_3383 t1_jef7typ wrote on March 31, 2023 at 4:01 PM

Ok buddy.

In 40 years we will see who's richer :)

AnonFor99Reasons t1_jef9ugl wrote on March 31, 2023 at 4:14 PM

Hell yeah! You'll be a millionaire!

And the median home price will be $4.8B.

konstantinos2000 t1_jef818u wrote on March 31, 2023 at 4:02 PM

Op, what is the difference between gambling and investing?

Flashy_Ad_3383 t1_jef8hzq wrote on March 31, 2023 at 4:05 PM

Gambling is when you put your money into something where the risk of losing it all is basically 100 percent.

Investing is when you put you money into actual long term safe, yet highly profitable investments. Such as the S&P500.

whydouhatemecablegod t1_jef99o9 wrote on March 31, 2023 at 4:10 PM

investing = gambling + lag

konstantinos2000 t1_jef89ic wrote on March 31, 2023 at 4:04 PM

HaruspicyEnjoyer t1_jef95yn wrote on March 31, 2023 at 4:10 PM

Sir, this is a casino.

JKRowlingFan4Life t1_jef9a8d wrote on March 31, 2023 at 4:10 PM

Bro I’m not even 40 years old you muppet.

grimkhor t1_jef7x4g wrote on March 31, 2023 at 4:02 PM

Jo are the heads also talking about leverage, factors, portfolio strategies, arbitrage, volatility, hedging or special situation investing? If they only talk about how to best stroke their cocks I'm not interested.

Buffet invested in nearly bankrupt companies, puts all his eggs in one basket and takes leverage to the next level with his insurance companies. I think you took the wrong guy for an example.

[deleted] OP t1_jef7zp6 wrote on March 31, 2023 at 4:02 PM

[removed]

Organic_Astronomer_3 t1_jef8j8y wrote on March 31, 2023 at 4:06 PM

OP looking for attention. Where would you be in 40 years? It makes if you dealing with millions. But that $100 not worth waiting just to get a 10K

Flashy_Ad_3383 t1_jef9c8f wrote on March 31, 2023 at 4:11 PM

Nope just stating facts 😎

SaabFan4 t1_jef986f wrote on March 31, 2023 at 4:10 PM

I wasn’t alive in 1980.

tngman10 t1_jefazh0 wrote on March 31, 2023 at 4:21 PM

I'm about 40.

I figured it up and if I invested $100 when in 2000 that adjusted for inflation with dividend reinvesting it would be worth $154 today. Sweet.

McMarkyMarkMark t1_jeffvla wrote on March 31, 2023 at 4:53 PM

Not sure the bank will take all that

spiicyMangoo t1_jefbf67 wrote on March 31, 2023 at 4:24 PM

The problem with this post is that you are assuming the US economy will be as productive as the past 30 years. There is a real probable change that as global competition rises in productive areas, e.g., manufacturing, technology, etc. The US share of global market contribution decreases. The S&P500 has a decent portion of companies that rely on economic rent to generate profit and increase share price. Whether you like it or not, the us relies not only on citizens becoming educated enough to produce wealth through knowledge, but also from importing a lot of the brain power from other countries. Just pay attention to the trends. I do think S&P500 will increase as we are a productive country, though it's arguable that we will see the same magnitude of increase as we've seen in the last 30 years..

tngman10 t1_jefbt4k wrote on March 31, 2023 at 4:27 PM

Now adjust it for inflation....

gammaradiation2 t1_jefd616 wrote on March 31, 2023 at 4:36 PM

If you rolled $1 premium AMD Calls over the multi year bull run you'd be too rich to post on Reddit anymore.

Get the fuck outta here.

VisualMod t1_jef6sku wrote on March 31, 2023 at 3:54 PM

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[deleted] OP t1_jef7fym wrote on March 31, 2023 at 3:58 PM

[removed]

downboat t1_jef8k3z wrote on March 31, 2023 at 4:06 PM

I prefer QQQM

fen-q t1_jef8p0m wrote on March 31, 2023 at 4:07 PM

And what am i gonna do with millions of dollars at the age of 80-90+?

Blow coke, bang 18 year old chicks, travel, and party?

[deleted] OP t1_jef8uxh wrote on March 31, 2023 at 4:08 PM

[removed]

TheProMxn t1_jef8vfw wrote on March 31, 2023 at 4:08 PM

codb28 t1_jef92r1 wrote on March 31, 2023 at 4:09 PM

Sir this sub is a casino.

brinksix01 t1_jef967y wrote on March 31, 2023 at 4:10 PM

You’re obviously very new here, go back to r/investing nerd

nubface1001 t1_jef9la0 wrote on March 31, 2023 at 4:12 PM

Kamikaze_Cash t1_jef9tn2 wrote on March 31, 2023 at 4:14 PM

In 40 years, I will be in my 70s.

What am I gonna do? Get buried next to a moldy pile of money?

Also keep inflation in mind. It’s 100x in nominal terms. More like 20x in real terms.

cantbebothered9999 t1_jefa3vl wrote on March 31, 2023 at 4:16 PM

And you would have to wait 40 years to collect $11,000. Which obviously is worth a lot less today than $11,000 in 1980.

In your hypothetical example, this investment would have an absolutely negligent effect on my quality of life.

McMarkyMarkMark t1_jeffkcv wrote on March 31, 2023 at 4:51 PM

Boo this man!! BOO

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