I think that saving is the smartest thing you can do.

>>1518186
Buying the s&p yields me better returns

>>1518188
Do that if you want to do it. I just wouldn't. Getting the wealth faster from better returns and all of that, I don't trust it.

>so it can never be taken from you.

youre kidding yourself here bro

>>1518195
Why don't you trust it?

>>1518198
Well spreading so many different assets around the world, the chance of it all being taken from you is extremely low, even in comparison to simply hoarding gold in your house, or whatever less diverse scenario. There are companies that do this with precious metals, already. They store your gold in countries all over the world and they are audited. I don't do any of that, but that's to show what I'm saying.

>>1518202
I don't like "investments" the way they are talked about here and in all of these books people buy. My father and my forefathers never did it and they did perfectly well and talked a lot about how friends they had throughout their lives who did invest would lose it, not make as much back as they thought, or worry about it too much to where it wasn't worth the effort and they could have made more in their jobs or whatever.

I trust them because they did very well, all of them. This is simply what I've been taught and shown from my grandfather and my father and I have continued it. On a much smaller scale, I'm technically old money.

Stockpiling goods instead of investing is the mercantilism of personal finance

i think there is a bible parable about this

Good for you, OP. I'd include some stocks in your holdings, but I believe in real assets like you.

Leveraged, cash flowing real estate, that's the key in my book

So, how did that work out?
Did you inherit anything then?