Thread replies: 13
Thread images: 3
Thread images: 3
File: 1499134656044.jpg (202KB, 900x1000px) Image search:
[Google]
202KB, 900x1000px
If a man has the option to live at their parent's house for free, or go to college and take on student loan debt, along with the gamble of whether they'll even get a job with their degree, how dumb do you have to be to pick the latter?
Even if you worked as a wageslave at Walmart starting at 18, if you invested 90% of your income into stocks, you could very easily be a millionaire by 30, or even by 25 if you were a highly skilled trader. At this point you could already retire and live off stock returns.
Meanwhile the kids getting out of college are over $20,000 in debt and many of them won't even be working in a job that requires a college degree.
Men can do this because at 30 it's still ok for them to start having kids, women don't have to work, they should basically never go to college (some rare exceptions), they should prioritize being good housewives and mothers starting at 14-20.
Why are people making life so hard when it doesn't have to be?
>>
>Even if you worked as a wageslave at Walmart starting at 18, if you invested 90% of your income into stocks, you could very easily be a millionaire by 30, or even by 25 if you were a highly skilled trader. At this point you could already retire and live off stock returns.
And yet I have never met a single individual who had done this. Something leads me to believe that it is much less feasible than you make it out to be. Unless you can provide some success stories I am remaining skeptical.
>Why are people making life so hard when it doesn't have to be?
Also because most people have dreams and ambitions beyond working at walmart for over a decade while living at their parent's.
>>
>>18495925
>And yet I have never met a single individual who had done this. Something leads me to believe that it is much less feasible than you make it out to be. Unless you can provide some success stories I am remaining skeptical.
Most people are dumb, especially women, the same kind of idiots who in this day and age take on massive debt to go to college for non-lucrative degrees.
How many wealthy boomers have you talked to? Ask them about the stock market, because I'm sure they've been putting money there, and that's a big reason they're as wealthy as they are.
Market returns 20% a year on average, a braindead monkey picking stocks at random could get that, if the portfolio was diversified enough and you held those shares long-term.
A highly skilled trader can get over 100% returns a year. Again this is people who are highly skilled, put in a lot of effort and time, and know what they're doing though.
>Also because most people have dreams and ambitions beyond working at walmart for over a decade while living at their parent's.
How is a 30 year old retired millionaire less of an ambition than being 30 years old, decades away from retiring, and still paying off student loan debt?
Many college graduates end up working at Walmart anyway, except they have $40,000 of debt.
>>
>>18495918
>thinks you can "easily be a millionaire by 30" by playing the stock market
lol kid
>>
Putting 90% of your Walmart income in, yes you can easily.
>Hurr durr why don't people do this?
Because they're dumb and/or they don't have the ability to invest 90% of their income because their parents won't support them.
>>
>>18495948
First off, what is this thread even asking, why is it on /adv/?
Also you've never actually talked with anyone with money have you? The majority of wealthy boomers I know are slum lords and realestate owners who use that as their income.
>Market returns 20% a year on average, a braindead monkey picking stocks at random could get that, if the portfolio was diversified enough and you held those shares long-term.
Again you're just pulling numbers out your ass. I'm going to see to see success stories or I'm not believing you here.
>>
File: 1391536481857.jpg (32KB, 625x626px) Image search:
[Google]
32KB, 625x626px
>>18495918
>>
>>18495955
Meant for: >>18495952
>>
File: 01 - gbhz5iY.png (252KB, 388x373px) Image search:
[Google]
252KB, 388x373px
>>18495948
>Market returns 20% a year on average
>>
>>18495948
>20% returns
>highly skilled 100%
man you're delusional. with returns of 100% that would mean with a $100 investment today in 10 years you would have 362.88 million dollars.
>>
>>18495980
A 100% return on $100 would leave you with $200.
A 100% return on $25,000 would leave you with $50,000.
Another 100% next year would turn that $200 into $400.
100 * 2 * 2 * 2 * 2 * 2 * 2 * 2 * 2 * 2 * 2 = $102,400
If you had a 100% return every year starting with only that $100, you would have $102,400 after 10 years.
I don't know how the fuck you came up with 362.88 mil.
A 100% return for a year is considered extremely good, even the best traders on Earth wouldn't expect to get that year over year, but it does happen.
>>
>>18495996
>>18495980
So let's say you do get this mythical 100% back over 12 years on your walmart salary. 25 hour weeks because you're a part time piece of shit:
9.41*25*52*.9=11009.7
((((((((((((11009.7*2+11009.7)*2+11009.7)*2+11009.7)*2+11009.7)*2+11009.7)*2+11009.7)*2+11009.7)*2+11009.7)*2+11009.7)*2+11009.7)*2+11009.7)*2+11009.7)=90180452.7
Easy 90 mil.
>>
>>18496019
I'm not going to bother checking that math, but if you put 90% of your Walmart income into stocks every month, and you made 100% return YOY from stocks, you would have several millions after 10 years.
I'm not saying you're going to get 100% return YOY, in fact I'll tell you that YOU WON'T, not even the best traders on Earth do that well.
Even aiming for 20% returns YOY, which is easily possible, you would be a millionaire in 10 years though.
Thread posts: 13
Thread images: 3
Thread images: 3