this post was submitted on 19 Feb 2024
314 points (95.9% liked)

LinkedinLunatics

3465 readers
3 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
[–] [email protected] 53 points 8 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.

[–] [email protected] 21 points 8 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 8 months ago (1 children)

And you should have picked a better disposable income.

[–] [email protected] 6 points 8 months ago

Yeah, rookie mistake.

[–] [email protected] 14 points 8 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 8 months ago

Step 1. Have money

Well I guess we're fucked.

[–] [email protected] 2 points 8 months ago

The first rule of making money: Have money.