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Compound Interest Will Not Make You Rich
Posted on 3/10/25 at 10:56 am
Posted on 3/10/25 at 10:56 am
Compound Interest Will Not Make You Rich
Interesting take on the impacts of wealth inequality.
Edit: So many comments within minutes of a 20 minute video haha.
If you were to actually watch, the point is that yes while some portion of society will make enough to support them through retirement and in some cases will even have some money left over to pass on. The path we're increasingly on is that those individuals are becoming fewer and fewer. The cause proposed is that increasingly finite resources and hard assets are being continually bought up by the ultra wealthy, who are growing their wealth faster then the economy can innovate/grow. So they just cannabilze what was previously owned by the middle class.
Interesting take on the impacts of wealth inequality.
Edit: So many comments within minutes of a 20 minute video haha.
If you were to actually watch, the point is that yes while some portion of society will make enough to support them through retirement and in some cases will even have some money left over to pass on. The path we're increasingly on is that those individuals are becoming fewer and fewer. The cause proposed is that increasingly finite resources and hard assets are being continually bought up by the ultra wealthy, who are growing their wealth faster then the economy can innovate/grow. So they just cannabilze what was previously owned by the middle class.
This post was edited on 3/10/25 at 12:03 pm
25
Posted on 3/10/25 at 10:57 am to TigerTalker142
why am i taking econ advice from jesse pinkman
Posted on 3/10/25 at 11:03 am to TigerTalker142
He doesn’t have cabinet space. If you save yearly starting at an early age in short order you are seeing your nest egg grow. You are not yacht wealthy, but lay your head on the pillow secure.
This post was edited on 3/10/25 at 11:04 am
Posted on 3/10/25 at 11:05 am to TigerTalker142
I mean rich is relative you won't become a billionaire but it'll let you retire quite well over a few decades of hard work (which is all anyone should really care about)
This post was edited on 3/10/25 at 11:07 am
Posted on 3/10/25 at 11:08 am to TigerTalker142
Dividend reinvestment will make you rich
Posted on 3/10/25 at 11:09 am to TigerTalker142
I always take investment advice from a guy who looks like he just left an Antifa rally.
Posted on 3/10/25 at 11:13 am to TigerTalker142
Looking back at the last 25 years of my portfolio I would disagree. I’m not in the 1%, but I’m pretty damn close. There have been years when made near 6 figures from nothing more than compounding interest .
Am I going to buy multiple houses across the world? No. But assuming no unforeseen circumstances I will enjoy more luxuries than almost every other human on the planet, and a big part of that will be from compounding interest.
Am I going to buy multiple houses across the world? No. But assuming no unforeseen circumstances I will enjoy more luxuries than almost every other human on the planet, and a big part of that will be from compounding interest.
Posted on 3/10/25 at 11:15 am to TigerTalker142
Gary is an idiot
Posted on 3/10/25 at 11:18 am to TigerTalker142
quote:
Interesting take on the impacts of wealth inequality.
Wealth inequality? Wtf is that shite.
Posted on 3/10/25 at 11:21 am to TigerTalker142
quote:
Compound Interest Will Not Make You Rich
Interesting take on the impacts of wealth inequality.
"Rich" is a loaded word with infinite definitions.
My investment accounts laugh at this. Like the other poster, not rich, but my wife and I started as soon as we finished college loading a solid % of our modest incomes into retirement and are doing amazingly well in our mid/early-40s. Compound interest + slow and steady = amazing results
This post was edited on 3/10/25 at 12:30 pm
Posted on 3/10/25 at 11:21 am to Slingscode
quote:
Dividend reinvestment will make you rich
Bingo was his name-o.
Altria group 10,000 shares baby
Posted on 3/10/25 at 11:26 am to Dire Wolf
quote:
Dire Wolf
Posted on 3/10/25 at 11:27 am to TigerTalker142
Inflation is compound interest. You have to overcome that, whatever vehicle you choose.
Posted on 3/10/25 at 11:31 am to TigerTalker142
I just watched the whole video and I think people will run with the title and miss the main point.
First off, this guy is in the UK, so the board he’s playing with looks a little different than the US.
The main point he is driving towards the end of the video is that innovation has slowed to a crawl, thus reducing viable investment options. Wealthy people and groups are now pivoting towards fixed assets like housing, which artificially drives up the housing market. As these people invest in more and more fixed assets, the innovation and spending that drives the actual economy starts to slow. This inevitably prices future generations of the middle class out of the picture, as their purchasing power can no longer compete with the rising costs of those fixed assets.
I think the US isn’t nearly as far down this path as the UK but I think there are alarm bells that should be going off with blackrock, vanguard and others eating up single family housing.
I think the title of the video takes away from a decent point made in the video.
Now as to what the solution is? I have no idea lol
First off, this guy is in the UK, so the board he’s playing with looks a little different than the US.
The main point he is driving towards the end of the video is that innovation has slowed to a crawl, thus reducing viable investment options. Wealthy people and groups are now pivoting towards fixed assets like housing, which artificially drives up the housing market. As these people invest in more and more fixed assets, the innovation and spending that drives the actual economy starts to slow. This inevitably prices future generations of the middle class out of the picture, as their purchasing power can no longer compete with the rising costs of those fixed assets.
I think the US isn’t nearly as far down this path as the UK but I think there are alarm bells that should be going off with blackrock, vanguard and others eating up single family housing.
I think the title of the video takes away from a decent point made in the video.
Now as to what the solution is? I have no idea lol
This post was edited on 3/10/25 at 11:31 am
Posted on 3/10/25 at 11:32 am to DamnGood86
quote:
Inflation is compound interest. You have to overcome that, whatever vehicle you choose.
There's the quandary. When you throw high inflation and bond market manipulation into the mix, there's almost no investment that can't conceivably make you poor instead of rich.
Posted on 3/10/25 at 11:33 am to msutiger
quote:
First off, this guy is in the UK, so the board he’s playing with looks a little different than the US.
Ok, so hes already a borderline retard before we even start, got it. Oh and a coward.
Posted on 3/10/25 at 11:33 am to TigerTalker142
Anticapitalists gonna anti-capitalism.
Posted on 3/10/25 at 11:35 am to DCtiger1
quote:
Wealth inequality? Wtf is that shite.
Communist gobbledygook
Posted on 3/10/25 at 11:38 am to TigerTalker142
quote:Welp ... that's 20 minutes I can't get back. What a bunch of gibberish.
Interesting take on the impacts of wealth inequality.
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