If you invested in S&P500 fifty years ago...

[Gam]

You've made a whooping 49% return! Congratulations. Inflation adjusted of course. If we don't take inflation into account, the real inflation, pff, look at you, you've made 5,146% gains. You're the champ! Such a shame inflation exists...

Also isn't it funny if you type inflationchart.com into google you won't find the website, but if you type inflationchart.com in duckduckgo it'll be the first search, that's the website where you can see real inflation on multiple assets such as S&P500 index.

Of course nothing I say is true, this is just a joke.

[Original Cast Recording]

Is there someone here who cares about the S&P? Who is this for? Does anyone invest everything into a single index fund for their entire life?

[Gam]

Originally posted by NoMoreUnderscores():

Is there someone here who cares about the S&P? Who is this for? Does anyone invest everything into a single index fund for their entire life?

S&P500 is a representative of the stock market, that's why I've mentioned it here, even the technology sector is garbage, only 300% returns on NASDAQ per 50 years.

I told all of you that the stock market is a scam, it's too slow, it doesn't beat inflation, and here is my proof. On top of that, just imagine what's happening to your pension bonds. You're getting slaughtered.

[Original Cast Recording]

Originally posted by Gam:

Originally posted by NoMoreUnderscores():

Is there someone here who cares about the S&P? Who is this for? Does anyone invest everything into a single index fund for their entire life?

S&P500 is a representative of the stock market, that's why I've mentioned it here, even the technology sector is garbage, only 300% returns on NASDAQ per 50 years.

I told all of you that the stock market is a scam, it's too slow, it doesn't beat inflation, and here is my proof. On top of that, just imagine what's happening to your pension bonds. You're getting slaughtered.

That's my point. You keep saying the same stuff over and over. Are you waiting for someone to tell you they went out and bought a bunch of peepee coin or what?

[mai72]

I care, because the majority of my investments are in Index which is the S&P 500.I have built up the vast majority of my wealth in the S&P 500.

[Gam]

Originally posted by mai72:

I care, because the majority of my investments are in Index which is the S&P 500.I have built up the vast majority of my wealth in the S&P 500.

You haven't made anything lol. You're just keeping your money, not really making any. This is better than just holding fiat, but you have the same amount of money you invested if not a bit less.

[Original Cast Recording]

Originally posted by mai72:

I care, because the majority of my investments are in Index which is the S&P 500.I have built up the vast majority of my wealth in the S&P 500.

Do you feel like your returns have not outpaced the increases in cost of living? Or are you content with the outcome?

[Gam]

Originally posted by NoMoreUnderscores():

Originally posted by Gam:

S&P500 is a representative of the stock market, that's why I've mentioned it here, even the technology sector is garbage, only 300% returns on NASDAQ per 50 years.

I told all of you that the stock market is a scam, it's too slow, it doesn't beat inflation, and here is my proof. On top of that, just imagine what's happening to your pension bonds. You're getting slaughtered.

That's my point. You keep saying the same stuff over and over. Are you waiting for someone to tell you they went out and bought a bunch of peepee coin or what?

♥♥♥♥ your peepee coin, do you really think I'm on here to shill garbage? I want to bring truth to you ignorant brokies. It's entertaining for me.

[apathy]

I once sold off a lot of copper I was sitting on as an investment.

But the price of copper kept going higher after I sold it. So...I could've made more money.
However, the economy could've gone bad, again, and I could've lost a lot of money.

Life is about winners and losers. No matter how you perform, there'll always be someone doing better than you, or worse than you.

[mai72]

Originally posted by Gam:

Originally posted by NoMoreUnderscores():

Is there someone here who cares about the S&P? Who is this for? Does anyone invest everything into a single index fund for their entire life?

S&P500 is a representative of the stock market, that's why I've mentioned it here, even the technology sector is garbage, only 300% returns on NASDAQ per 50 years.

I told all of you that the stock market is a scam, it's too slow, it doesn't beat inflation, and here is my proof. On top of that, just imagine what's happening to your pension bonds. You're getting slaughtered.

Disagree. Building wealth for the overall majority of people is slow. Unless you start a business, or you are involved in pro sports,, social media, etc. The stock market over the course of 100 years has a ROI of over 10%. That isn't garbage.

And so, if you can get to $100k invested and the only yearly contribution that you give is $10k (per year) the ROI alone will get you to $1m in less than 10 years.

https://www.youtube.com/watch?v=LQNGekNzaus

[Original Cast Recording]

Originally posted by Gam:

Originally posted by NoMoreUnderscores():

That's my point. You keep saying the same stuff over and over. Are you waiting for someone to tell you they went out and bought a bunch of peepee coin or what?

♥♥♥♥ your peepee coin, do you really think I'm on here to shill garbage? I want to bring truth to you ignorant brokies. It's entertaining for me.

You're offended at the idea people might think you're a shill, but you admit you're trolling for your own entertainment. At least some shills make money. Trolls are just trolls.

[Gam]

Originally posted by mai72:

Originally posted by Gam:

S&P500 is a representative of the stock market, that's why I've mentioned it here, even the technology sector is garbage, only 300% returns on NASDAQ per 50 years.

I told all of you that the stock market is a scam, it's too slow, it doesn't beat inflation, and here is my proof. On top of that, just imagine what's happening to your pension bonds. You're getting slaughtered.

Disagree. Building wealth for the overall majority of people is slow. Unless you start a business, or you are involved in pro sports,, social media, etc. The stock market over the course of 100 years has a ROI of over 10%. That isn't garbage.

And so, if you can get to $100k invested and the only yearly contribution that you give is $10k (per year) the ROI alone will get you to $1m in less than 10 years.

https://www.youtube.com/watch?v=LQNGekNzaus

You're literally ignoring inflation, and also capital gains tax. You aren't making anything with your measly 10% annual returns, there's also bear markets which give you negative returns whilst the inflation remains the same, and you're holding your position during those times.

[Gam]

Originally posted by apathy:

I once sold off a lot of copper I was sitting on as an investment.

But the price of copper kept going higher after I sold it. So...I could've made more money.
However, the economy could've gone bad, again, and I could've lost a lot of money.

Life is about winners and losers. No matter how you perform, there'll always be someone doing better than you, or worse than you.

Lol if you held copper for 50 years you would've lost -84% of your money. Good on you for selling that garbage.

Again, you have to consider inflation and also capital gains tax.

[mai72]

Originally posted by Gam:

Originally posted by mai72:

Disagree. Building wealth for the overall majority of people is slow. Unless you start a business, or you are involved in pro sports,, social media, etc. The stock market over the course of 100 years has a ROI of over 10%. That isn't garbage.

And so, if you can get to $100k invested and the only yearly contribution that you give is $10k (per year) the ROI alone will get you to $1m in less than 10 years.

https://www.youtube.com/watch?v=LQNGekNzaus

You're literally ignoring inflation, and also capital gains tax. You aren't making anything with your measly 10% annual returns, there's also bear markets which give you negative returns whilst the inflation remains the same, and you're holding your position during those times.

And so, what is your answer? Dogecoin?

Inflation is currently at 3.8%. Yea, I know inflation CPI today is very different from the inflation CPI used in the 1970s. I believe it got changed during Clinton's presidency. And so, if we calculate the inflation using the 1970s inflation CPI metric would be sitting at around 12%, because it takes into consideration items like food. I could be mistaken.

You hold thru the good times and bad times. The best investors are not emotional, and are able to look at the large picture. I still think the US economy is tops and will remain the leader for some time. Now that could change, but I'll be ready.

My goal: To live in SE Asia in the next year or two where I can live a much better quality of life on far less money. But to your point. What is your solution?

[Gam]

Originally posted by Kiler_best1235_Denmark:

Originally posted by Gam:

First, I would ask you, do you really believe the numbers?

According to "them", US government, the inflation was only 3,4% in 2023. Do you really believe that? Just the burger prices, streaming prices, raised significantly more than 3,4%.

That's literally what I'm arguing against... smh. M3 money supply is the real metric you use to track real inflation. Not their analysis they do on CPI.

[Gam]

Originally posted by mai72:

Originally posted by Gam:

You're literally ignoring inflation, and also capital gains tax. You aren't making anything with your measly 10% annual returns, there's also bear markets which give you negative returns whilst the inflation remains the same, and you're holding your position during those times.

And so, what is your answer? Dogecoin?

Inflation is currently at 3.8%. Yea, I know inflation CPI today is very different from the inflation CPI used in the 1970s. I believe it got changed during Clinton's presidency. And so, if we calculate the inflation using the 1970s inflation CPI metric would be sitting at around 12%, because it takes into consideration items like food. I could be mistaken.

You hold thru the good times and bad times. The best investors are not emotional, and are able to look at the large picture. I still think the US economy is tops and will remain the leader for some time. Now that could change, but I'll be ready.

My goal: To live in SE Asia in the next year or two where I can live a much better quality of life on far less money. But to your point. What is your solution?

No, I don't recommend crypto to anyone. Keep doing whatever you're doing, at least your money will retain value to some extent. Of course this isn't financial advice, just opinion.

And no, best of the best investors understand what moves the market and they derisk their portfolio during bear markets. Holding risky assets such as S&P500 index, other stocks or crypto is ♥♥♥♥♥♥♥ dumb during market collapses.