Quote (kenw @ Apr 4 2021 10:14pm)

If you live comfortably and are able allocate 20% of your income into savings, there's no need to take a leap of faith by trying your luck on uncharted waters. Stock market investing is basically gambling with a 90% failure rate and opening a private business if you don't have the expertise would be a money pit. Stop giving dumb black or white advice.

Quote (SunnyvaleTrailerPark @ Apr 4 2021 10:18pm)

The time you spend on d2jsp is enough time to learn how finance work and more than enough time to watch patterns and see where are the good investment. If all you do is spend time watching memes, animes n useless shit, sure you won't risk doing finance. If your time is spent learning and getting better by the minute, there's far less risks. Just way too many people living being content of being someone at the bottom of the food chain. If you online and not learning , you doing it wrong. While i jsp, i ALWAYS listen to an ebook OR practicing coding/learning new languages.

Out of curiosity, how many languages do you speak?

Quote (Thor123422 @ Apr 4 2021 10:18pm)

Nah, investing broadly and at regular intervals is one of the best ways to guarantee a decent return long-term.

Quote (kenw @ Apr 4 2021 09:23pm)

I make close to 100k and live comfortably... The only reason I'm here is due to the fact that I work remotely. Before November, the last time I was actually active was in 2012. I agree if you have the time to learn then investing is great but I think most people go straight to it after watching some hype inspirational video on YouTube and waste their money. I speak English, French, and Spanish.. a little Portuguese.

Quote (kenw @ Apr 4 2021 09:25pm)

That's if you take the time to learn the ropes, which unfortunately a lot of people don't.

Quote (kenw @ Apr 5 2021 12:14pm)

If you live comfortably and are able allocate 20% of your income into savings, there's no need to take a leap of faith by trying your luck on uncharted waters. Stock market investing is basically gambling with a 90% failure rate and opening a private business if you don't have the expertise would be a money pit. Stop giving dumb black or white advice.

Quote (Plaguefear @ 4 Apr 2021 23:17)

If you fail 90% with stocks you should never be allowed outside by yourself :X
Literally all i do is drop money in index funds and see solid returns.

Quote (Plaguefear @ Apr 4 2021 11:17pm)

If you fail 90% with stocks you should never be allowed outside by yourself :X
Literally all i do is drop money in index funds and see solid returns.

Quote (excellence @ Apr 4 2021 11:22pm)

yeah that was a bizarre post. people chasing lambos probably fail 90% but basic investing in a variety of mutual/index funds over the long haul has historically been a slow and steady way to grow wealth

Quote (kenw @ Apr 4 2021 10:27pm)

I was under the impression that a vast majority of people fail when it comes to stock trading, but I guess it's just a meme. I should probably dabble into it then.