>post on /pol/ that if you had bought TQQQ in 2022, you'd be up 6x, if you had 50k you'd have 300k now with zero effort
>some guy tells me it's "impossible" to do without insider trading, tells me I'm delusional for thinking I'm warren buffett
DCAing dips during recessions on obvious blue chip stocks and etfs is now apparently an impossible feat only achievable by 80 years of market experience and illegal activities.
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>>60612325
'trading' doesn't work in the way you think it does and as soon as you're in a position where you're unemployed and digging into your savings to continue your trades after you fuck up once or twice the psychological stress associated with making a bad trade will cause you to be more cautious when placing good trades, causing you to make less money, causing you to slowly become poorer or break even.
Working and then reinvesting makes the most sense. Even if you "only" retire at 45 after a career in industrial banking softwaring lawyering instead of the /biz/ meme dream of finding the next bitcoin or whatever, you're better off with 115,0000 (80k after tax or whatever) as the cost of rent, tax, food, healthcare etc. will eat you alive unemployed.
'trading' doesn't work in the way you think it does and as soon as you're in a position where you're unemployed and digging into your savings to continue your trades after you fuck up once or twice the psychological stress associated with making a bad trade will cause you to be more cautious when placing good trades, causing you to make less money, causing you to slowly become poorer or break even.
Working and then reinvesting makes the most sense. Even if you "only" retire at 45 after a career in industrial banking softwaring lawyering instead of the /biz/ meme dream of finding the next bitcoin or whatever, you're better off with 115,0000 (80k after tax or whatever) as the cost of rent, tax, food, healthcare etc. will eat you alive unemployed.