What's your argument for and against this?

>>213484577 (OP)
Gambling is fun

>>213484577 (OP)
apart from tax optimizations none, index funds are just better

>>213484688
But everyone uses them, wouldn't it be better to pick your own stocks and plus an index fund to get better returns than everyone else

I'm sure once I'm 45 and wasted my youth never making any big purchases, never going out, never traveling, never having any fun, and instead investing every last cent into index funds that yield 10% return annually I'll thank myself. It'll all be worth it to have a few more dollars than Mr. Jones next door, and I'll try not to think about how my boss makes double my life's savings every single year by coming into the office once a month between his vacation trips.

>>213484791
Not everyone was born rich like yourself

>>213484864
How did the UK go from inventing the English language to possessing reading comprehension like this?

>>213484922
I'm a zoomer with a very low attention span, I can't even watch movies/TV shows without checking my phone every 10 seconds

>>213484791
You know you can save and also make big purchases, right

Index funds place your money (in incredibly small amounts) into companies I don't agree with
Brazilian banks routinely pay out ~12% per year for no risk CDs if you can stomach the real/dollar fluctuations

>>213484577 (OP)
i have no idea what any of that is

>>213485061
Some people want to buy things other than the new Dark Souls every year

>>213484577 (OP)
If you're a poorfag it's better to buy crypto than index funds. 10k in index funds isn't going to change your life, but 10k put in bitcoin 6 years ago would already be worth like 120k

>>213484922
Only 72% of Britain is made up of native Britons, the rest are inbred Pakis who learn Punjabi at school

>>213485622
What big purchases do you even need? Literally the only thing I can think of is a car, but even that shouldn't cost you more than 20k max unless you're retarded

>>213484755
studies have shown (yeah it's a meme) that no other strategy can beat index funds in the long term.

>>213485820
>72%
more like 40%

>>213484791
right. 10% a year is really not that much. if you put $100 in one and hold it for 10 years, you'd only have $260. that is barely enough to counter inflation... REAL inflation, not whatever the fuck they calculate to keep the masses from rioting and decapitating the rulers.
any real winnings require balls, not index funds.

>>213486552
um you’re not supposed to think about that stuff goy

>>213485844
rent/lease a car when you need it occasionally.
a car makes sense if it earns you money or you have several family members to get use out of it.

>>213486552
What's a young nigga supposed to do then?

>>213484577 (OP)
i had 11 % return on generic blue chip funds this quarter

no way that is being sustained

>>213486611
unironically, bitcoin
or education
or weed
whatever floats your boat
nothing's gonna matter in 5 years because by then the world will have changed in unimaginable ways

>>213486611
Go to the local casino. Put $100 on red and watch as you win more money in 5 minutes than you would in 10 years with an index fund.