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You're FUCKED if you don't save $ in your early 20s. Here's why
Poast new message in this thread
Date: February 7th, 2014 3:20 PM Author: razzle karate https://i.pinimg.com/736x/2e/d6/5d/2ed65d34dbac86519947d298d833de61.jpg (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24973861) |
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Date: December 10th, 2014 4:58 PM Author: Violet supple property immigrant (Dave Ramsey) (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#26902444) |
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Date: September 15th, 2023 12:25 PM Author: coral gas station mad-dog skullcap Subject: Germany bull https://www.poerkan.com/product/germany-niubian-pills/ (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#46800798) |
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Date: April 13th, 2026 1:58 PM Author: richard clock (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#49814664) |
Date: February 7th, 2014 3:21 PM Author: Indigo useless brakes forum Brb transferring money to my roth (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24973868) |
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Date: February 8th, 2014 10:44 AM Author: godawful factory reset button space (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24977580) |
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Date: February 7th, 2014 3:21 PM Author: aqua gay wizard yep (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24973869) |
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Date: February 7th, 2014 3:22 PM Author: Alcoholic diverse ticket booth what is the apr on this (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24973876) |
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Date: February 7th, 2014 3:23 PM Author: Cream stirring love of her life hell 12% lol. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24973888) |
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Date: February 7th, 2014 3:25 PM Author: Beady-eyed sweet tailpipe wrinkle fucking boomers (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24973898) |
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Date: April 13th, 2026 1:57 PM Author: may his bones be crushed (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#49814662) |
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Date: February 7th, 2014 3:28 PM Author: razzle karate (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24973909) |
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Date: February 7th, 2014 3:33 PM Author: Transparent Exciting Gunner Stage So for the next 50 years the US Economy will be as prosperous as the last 50? (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24973943) |
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Date: February 7th, 2014 3:34 PM Author: Exhilarant tank haven't you read the disclaimer at the bottom of every mutual fund or etf prospectus? it says past returns predict future results. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24973956) |
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Date: February 7th, 2014 3:35 PM Author: Transparent Exciting Gunner Stage 180 (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24973957) |
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Date: February 8th, 2014 10:50 AM Author: laughsome frozen step-uncle's house (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24977596) |
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Date: February 13th, 2015 4:51 PM Author: tantric boltzmann hairy legs (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#27308992) |
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Date: April 18th, 2016 8:12 AM Author: Concupiscible Chapel (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#30296117) |
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Date: February 20th, 2017 1:48 AM Author: Transparent Exciting Gunner Stage (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#32659739) |
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Date: February 20th, 2017 1:55 AM Author: Translucent main people (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#32659752) |
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Date: July 8th, 2017 10:11 AM Author: Concupiscible Chapel (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#33727729) |
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Date: February 7th, 2014 3:35 PM Author: razzle karate (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24973961) |
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Date: February 7th, 2014 3:43 PM Author: Transparent Exciting Gunner Stage Change your 10 year window to 1999 to 2009, you'd be down almost 20 percent.
United States 1950-2001 was an absolute powerhouse, I do not expect the same domination for the next 50 years, not of that magnitude. |
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Date: February 7th, 2014 3:46 PM Author: razzle karate (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24974029) |
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Date: February 7th, 2014 3:47 PM Author: Transparent Exciting Gunner Stage (guy who recently watched The Secret) (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24974037) |
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Date: February 7th, 2014 3:56 PM Author: Transparent Exciting Gunner Stage (Japanese broker encouraging you to buy the Nikkei in 1989) (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24974074) |
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Date: February 7th, 2014 3:58 PM Author: Transparent Exciting Gunner Stage (Boomer in 2006 buying third investment property) (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24974084) |
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Date: February 7th, 2014 3:59 PM Author: contagious flushed parlour this will not occur over the next 40 years (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24974094) |
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Date: February 7th, 2014 4:36 PM Author: Cocky Lemon Plaza Goyim So annual returns are declining by 1-2 percent per year in your timescale? Got it. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24974300) |
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Date: February 7th, 2014 4:40 PM Author: razzle karate (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24974318) |
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Date: December 10th, 2014 5:03 PM Author: contagious flushed parlour Compare the demographics, foreign competition, and regulatory burden at those times vs the next 40 years. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#26902473) |
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Date: April 18th, 2016 9:12 AM Author: contagious flushed parlour (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#30296267) |
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Date: September 29th, 2016 1:18 PM Author: contagious flushed parlour A true genius (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#31521448) |
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Date: April 18th, 2016 7:41 AM Author: dead native (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#30296069) |
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Date: April 18th, 2016 9:11 AM Author: contagious flushed parlour Holy shit, I always thought you were a dumb shitlib, but you actually are a very low IQ moron. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#30296264) |
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Date: February 7th, 2014 3:23 PM Author: sepia stag film Just do assume 12% returns for 45 years (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24973884) |
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Date: February 7th, 2014 3:29 PM Author: razzle karate (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24973915) |
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Date: February 7th, 2014 3:54 PM Author: contagious flushed parlour CR incredibly retarded (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24974063) |
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Date: April 18th, 2016 8:57 AM Author: Cocky Lemon Plaza Goyim It doesn't change regardless of rate. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#30296224) |
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Date: April 18th, 2016 9:13 AM Author: contagious flushed parlour LOL. Yes it does. Try 0% and see what happens. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#30296270) |
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Date: April 13th, 2026 1:59 PM Author: may his bones be crushed (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#49814669) |
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Date: February 20th, 2017 9:25 AM Author: provocative legend people who are hurt (finance genius) (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#32660234) |
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Date: April 13th, 2026 1:50 PM Author: Goyvin Jewsom So far so good (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#49814641) |
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Date: February 7th, 2014 3:23 PM Author: Fragrant magical skinny woman That's a pretty cool investment that goes up 10% every year. What's it called? (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24973885) |
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Date: February 7th, 2014 3:29 PM Author: razzle karate (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24973917) |
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Date: February 7th, 2014 3:58 PM Author: contagious flushed parlour this will not be the case for the next 50 years
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Date: February 7th, 2014 3:23 PM Author: Jet-lagged heady sound barrier national (Suze Orman after a few too many glasses of wine) (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24973886) |
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Date: April 18th, 2016 9:35 AM Author: Lavender institution lol'd (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#30296344) |
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Date: September 29th, 2016 10:24 AM Author: Kink-friendly green chad haha (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#31520040) |
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Date: February 20th, 2017 1:49 AM Author: Transparent Exciting Gunner Stage (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#32659740) |
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Date: February 20th, 2017 8:38 AM Author: Cocky Lemon Plaza Goyim (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#32660112) |
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Date: February 20th, 2017 8:40 AM Author: appetizing theater rigor (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#32660118) |
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Date: August 23rd, 2017 11:22 AM Author: misunderstood yapping center pozpig (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#34051903) |
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Date: February 7th, 2014 3:23 PM Author: Glittery philosopher-king Jesus, stfup. No, you're not fucked if you don't begin investing by 21, though it is certainly advantageous. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24973892) |
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Date: February 7th, 2014 3:30 PM Author: razzle karate (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24973927) |
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Date: February 7th, 2014 3:33 PM Author: Glittery philosopher-king Not if returns were negative when/in the years immediately following when you started --i.e.-- a 22 yo in 2008 starting his 401K right as the stock market tanked. This also isn't true if you compensate by saving/investing more later. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24973941) |
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Date: February 7th, 2014 3:36 PM Author: razzle karate (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24973971) |
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Date: February 7th, 2014 3:40 PM Author: Glittery philosopher-king ?
All the hypo supposes is that you start investing in your early 20s. The "miracle of compounding" is thanks to markets, which obviously fluctuate dramatically and do not offer consistent returns/ |
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Date: February 7th, 2014 3:43 PM Author: razzle karate
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Date: February 7th, 2014 3:47 PM Author: Glittery philosopher-king YOUR personal rate of return is different from the market's average rate of return, based on a variety of factors, such as the precise timing/market direction of when you first began investing.
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Date: February 7th, 2014 3:49 PM Author: razzle karate (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24974047) |
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Date: February 7th, 2014 4:13 PM Author: Glittery philosopher-king False.
Here's a 5-year example:
Joe invests $1000 in 2002. The market grows 10% each year. In 2007, he thus has about $1600 after 5 years.
Jim invests in 2008. The market drops 38%. He's down to $620. It increases 18% in 2009, so he's now up to $731.60. In 2010 it increases 11%, bringing him up to about $810. In 2011, he sees a 7% increase, so he's now at 867. He's up 5% in 2012, bringing him up to about $910.
Joe is thus up 60% in 5 years; Jim DOWN nearly 10%. There was no difference except for when they began investing. |
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Date: February 7th, 2014 4:33 PM Author: razzle karate (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24974276) |
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Date: February 7th, 2014 4:35 PM Author: Exhilarant tank you realize that to obtain the returns you stated above, one must invest on a particular day and no other day? (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24974293) |
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Date: February 7th, 2014 4:41 PM Author: razzle karate (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24974323) |
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Date: July 9th, 2017 11:26 AM Author: walnut spectacular half-breed jfc why does she write shit like this (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#33734246) |
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Date: September 29th, 2016 2:14 PM Author: Crimson hall goal in life This is true for everything ever. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#31521852) |
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Date: February 7th, 2014 3:25 PM Author: Cream stirring love of her life hell why doesnt the roth I started at 20 and stopped contributing to at 27 have $90K in it? (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24973900) |
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Date: February 7th, 2014 3:30 PM Author: Indigo useless brakes forum U r 36? LOLOL (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24973930) |
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Date: February 7th, 2014 3:31 PM Author: Cream stirring love of her life hell 34 but I put more money than $2000 per year in there. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24973933) |
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Date: February 7th, 2014 3:36 PM Author: Indigo useless brakes forum Damen. How does it feel to be literally half done with life? (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24973972) |
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Date: February 7th, 2014 3:39 PM Author: Cream stirring love of her life hell it sucks but I have stayed in shape and fucked enough women where I wont have any regrets on that end at least. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24973988) |
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Date: February 7th, 2014 3:40 PM Author: Indigo useless brakes forum Goal retirement age?? (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24973997) |
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Date: February 7th, 2014 3:43 PM Author: Cream stirring love of her life hell depends if I have kids and the house. Then probably 62-65.
If not then I might yolo and move to the philipines or some shit at 50 with a couple of million. |
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Date: February 7th, 2014 3:45 PM Author: Indigo useless brakes forum Any family pressure to get married?? (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24974022) |
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Date: February 7th, 2014 3:46 PM Author: Cream stirring love of her life hell nah but I love my gf. I would probably marry her kids or not. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24974030) |
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Date: April 13th, 2026 2:00 PM Author: may his bones be crushed I'm 56 now (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#49814674) |
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Date: February 7th, 2014 3:32 PM Author: Trip lay (39-year-old, MAF troll) (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24973935) |
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Date: February 7th, 2014 3:38 PM Author: territorial rose library I didn't start saving til I got a job at 24. Should I killself? (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24973984) |
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Date: February 7th, 2014 3:39 PM Author: razzle karate (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24973992) |
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Date: February 7th, 2014 3:43 PM Author: Indigo useless brakes forum Doctors are done here (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24974011) |
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Date: February 13th, 2015 5:32 PM Author: lascivious purple queen of the night home (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#27309307) |
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Date: February 20th, 2017 8:41 AM Author: Well-lubricated School (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#32660123) |
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Date: July 8th, 2017 12:26 PM Author: dashing macaca (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#33728100) |
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Date: February 7th, 2014 3:45 PM Author: Cream stirring love of her life hell And this is why I want to strangle the shrews I have dated.
At least my gf has a 401K that she contributes up to the match limit.
But she is 29 years old and this is her first year of contributing to a roth.
WOmen are fucking children.
"But I make 1/4 of what you do" she clucks.
"Except when I was 22 making $38,000 I still maxed out my roth," I lisp back. |
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Date: February 7th, 2014 3:46 PM Author: Indigo useless brakes forum What were u doing at 22? (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24974035) |
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Date: February 7th, 2014 3:54 PM Author: Cream stirring love of her life hell crappy consulting firm do municipal bond analysis. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24974067) |
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Date: February 7th, 2014 3:58 PM Author: Glittery philosopher-king you should've gone into finance, instead. you'd have a millie by now. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24974087) |
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Date: February 7th, 2014 3:59 PM Author: Cream stirring love of her life hell I was too lazy in college, but yeah would have been a good idea. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24974092) |
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Date: February 8th, 2014 10:36 AM Author: Fighting Shrine $38k was a decent starting salary in 1995...? (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24977559) |
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Date: April 18th, 2016 9:49 AM Author: yellow nursing home my gf doesn't even have a credit card. she's 24 (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#30296392) |
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Date: February 7th, 2014 3:48 PM Author: Mewling shitlib arthur is a dumbass for only putting in 2000, he should ve maxed out and would ve been fine (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24974041) |
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Date: February 7th, 2014 3:50 PM Author: razzle karate (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24974050) |
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Date: February 7th, 2014 3:57 PM Author: Mewling shitlib yes arthur is fucked, ben pwns him (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24974080) |
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Date: February 7th, 2014 3:51 PM Author: Transparent Exciting Gunner Stage Twist: Arthur was swimming in student loan debt (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24974053) |
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Date: February 13th, 2015 5:46 PM Author: histrionic dull voyeur liquid oxygen (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#27309408) |
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Date: February 7th, 2014 4:01 PM Author: cracking scarlet tattoo These assumptions that ignore inflation and assume 10%+ real returns are asinine. The S&P returned something like 5% real over the last century. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24974098) |
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Date: February 8th, 2014 8:23 PM Author: razzle-dazzle henna theatre (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24980368) |
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Date: February 7th, 2014 4:08 PM Author: Chartreuse violent site knife *Is guy 1* *Invests from 2001-2008* *Is PWND* *Is guy 2* *Begins investing in 2008* *PROFITS* |
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Date: February 7th, 2014 4:10 PM Author: cracking scarlet tattoo True, the idea that investing early is a good idea sure didn't apply to anybody who started investing 15 years ago. Would've been better off spending the money / having fun. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24974151) |
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Date: September 29th, 2016 1:14 PM Author: Odious insane old irish cottage brunch Why not, the market corrected in the next 10 years. Its only a losing bet if you need to retire during one of the down turns. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#31521424) |
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Date: July 8th, 2017 10:02 AM Author: Odious insane old irish cottage brunch this is what idiots don't realize. crashes don't matter except for old people. and by the time you're old, you should be easing out of the market. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#33727706) |
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Date: July 9th, 2017 10:45 AM Author: Cerebral mexican Right. The person who started investing earlier is still in a better position than the person who spent it all.
I started investing seriously in 2006 or so, and sure, I got hammered in the couple of years following that. But after the crash I still had something (didn't sell) and it's since recovered. That portion of my savings wouldn't exist if I hadn't saved it early. |
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Date: February 7th, 2014 4:10 PM Author: charismatic honey-headed sex offender I think the more interesting hypo is a guy who starts investing later but contributes more
Dude waiting until 27 probably was in grad school or something |
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Date: February 8th, 2014 8:23 PM Author: razzle-dazzle henna theatre that's more realistic even if he wasn't in grad school, because of inflation. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24980361) |
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Date: February 7th, 2014 4:10 PM Author: Bateful bearded bawdyhouse Just do graduate in 2006 and invest at the peak of the stock market. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24974148) |
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Date: February 7th, 2014 4:11 PM Author: Filthy salmon digit ratio I still think it's more credited to maintain liquidity and invest in a future business than to put money into the market, assuming you can't do both and assuming you're under 35. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24974156) |
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Date: February 7th, 2014 4:15 PM Author: Cream stirring love of her life hell Why the fuck does my roth IRA only have $35,000 in it? I maxed out from 22-27. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24974195) |
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Date: February 7th, 2014 4:38 PM Author: cracking scarlet tattoo I feel your pain. I've got like $41K. At least I can backdoor so it'll be $47K soon.
The real way I could see myself getting a big Roth IRA would be to get axed from law, and then start converting $30K or so a year from my 401k during a number of years with little to no income. |
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Date: February 7th, 2014 4:58 PM Author: shivering temple depressive (cgm) (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24974418) |
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Date: February 8th, 2014 10:41 AM Author: Flesh Big School Cafeteria Telephone What does this look like if you assume 6% returns? (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24977572) |
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Date: February 8th, 2014 10:51 AM Author: Vigorous Adulterous Roommate this is true.. i put away $1k in 1990, it's now worth $800k (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24977600) |
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Date: February 17th, 2014 11:13 AM Author: razzle karate (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#25034365) |
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Date: February 8th, 2014 11:02 AM Author: Mischievous fuchsia hominid area not really.
my parents had very little just 20 years ago and now have a $3-4 million net worth. just make sure you get on a career path that is pretty lucrative and you'll be fine even if you don't save a penny until the age of 35-40. |
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Date: February 10th, 2014 2:32 PM Author: razzle karate (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#24990298) |
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Date: July 8th, 2017 11:34 AM Author: White puppy (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#33727922) |
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Date: December 10th, 2014 5:07 PM Author: cerise meetinghouse So your telling me that if I make a lot of money ill do well financially? Why aren't you charging for this insight? (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#26902507) |
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Date: May 14th, 2014 9:23 AM Author: razzle karate (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#25559090) |
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Date: December 10th, 2014 4:57 PM Author: razzle karate (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#26902440) |
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Date: December 10th, 2014 5:04 PM Author: galvanic judgmental theater stage The 19 bro isn't doubling the 27 year old bro or anything. You can still beat the average early starter by just putting way more money in. Most people who start investing at 19 only have chump change to put in. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#26902483) |
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Date: December 10th, 2014 5:10 PM Author: razzle karate (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#26902522) |
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Date: February 13th, 2015 1:34 PM Author: razzle karate (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#27307587) |
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Date: February 13th, 2015 5:33 PM Author: racy water buffalo this is retarded. for most of us, that would have meant socking away money into the stock market during the mid- to late-2000s. the gain from the time period to now has only been like 2% per year on average (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#27309317) |
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Date: February 13th, 2015 5:35 PM Author: lascivious purple queen of the night home damn u r old. i started making money in 09. wish i saved a lot more. would have been rolling in it (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#27309326) |
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Date: February 13th, 2015 5:36 PM Author: razzle karate (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#27309340) |
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Date: February 13th, 2015 5:38 PM Author: racy water buffalo we're in a bubble right now, so all of those figures are bullshit (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#27309354) |
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Date: February 13th, 2015 5:50 PM Author: razzle karate (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#27309440) |
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Date: February 13th, 2015 5:44 PM Author: Cream stirring love of her life hell A year later after bitching in this thread, I have fucking $37,500 in the Roth IRA I started when I was 21. Bullshit magical 12% compounding. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#27309399) |
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Date: February 13th, 2015 5:52 PM Author: razzle karate (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#27309458) |
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Date: February 13th, 2015 5:53 PM Author: Navy selfie What has your APR been? (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#27309459) |
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Date: February 13th, 2015 6:18 PM Author: charcoal doobsian tanning salon how much money did you have in cash on the sidelines from the last 6 year bull market? (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#27309632) |
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Date: December 29th, 2015 1:41 PM Author: razzle karate (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#29477105) |
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Date: April 18th, 2016 7:18 AM Author: razzle karate (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#30296033) |
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Date: April 18th, 2016 7:47 AM Author: Twinkling vengeful trust fund I remember a teacher showing us this kind of chart back around 1996 and I just ignored it. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#30296076) |
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Date: April 18th, 2016 8:17 AM Author: olive gaming laptop toaster wise move (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#30296131) |
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Date: April 13th, 2026 2:07 PM Author: may his bones be crushed I brought up shit like fees and realistic rates and the guy just looked at me like I was speaking Brazilian (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#49814688) |
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Date: April 18th, 2016 7:49 AM Author: Passionate Organic Girlfriend Locale Too late now. Might as well YOLO out of control. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#30296079) |
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Date: April 18th, 2016 9:40 AM Author: razzle karate (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#30296365) |
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Date: April 18th, 2016 7:50 AM Author: Mischievous fuchsia hominid area This is false and assumes one continues working a cookie-cutter job with 3% annual pay-raise their entire working life. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#30296082) |
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Date: April 18th, 2016 8:51 AM Author: Free-loading Den Coffee Pot just do >10% growth every year. worked for bernie madoff (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#30296208) |
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Date: April 18th, 2016 8:57 AM Author: Cocky Lemon Plaza Goyim This bort is retarded. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#30296225) |
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Date: April 18th, 2016 9:04 AM Author: Motley bright university toilet seat Chart assumes consistently abnormal YOY returns, as pointed out ad nauseum above
There's a reason this "phenomenon" is common knowledge and yet remarkably few people seem to benefit from it to the extent promised. |
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Date: April 18th, 2016 9:41 AM Author: razzle karate (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#30296367) |
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Date: April 18th, 2016 10:04 AM Author: Motley bright university toilet seat you pointed it out above several times, and each time you got subsequently pwned in short order (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#30296421) |
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Date: April 18th, 2016 9:20 AM Author: soul-stirring up-to-no-good base pocket flask http://imgur.com/gnMx2MX
Literally did this. So I'm set 4 life? |
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Date: April 18th, 2016 9:20 AM Author: Smoky Gaping Marketing Idea The real reason this chart is dumb is because of inflation. You're comparing 2,000 dollars someone put in at 19 to 2,000 someone out in 46 years later and acting like it's the same thing (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#30296293) |
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Date: April 18th, 2016 9:45 AM Author: razzle karate (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#30296380) |
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Date: April 18th, 2016 9:50 AM Author: Smoky Gaping Marketing Idea You can't say 16,000 vs 80,000 lolz and not see how that's a stupid comparison (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#30296396) |
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Date: April 18th, 2016 10:02 AM Author: razzle karate (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#30296414) |
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Date: July 8th, 2017 11:01 AM Author: Marvelous chestnut trailer park jap Inflation is what, 3%? The real issue is the 12% returns assumed. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#33727858) |
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Date: September 15th, 2023 11:41 AM Author: copper comical hospital clown *assumes 3% inflation* *fade in cannibal holocaust theme* |
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Date: April 18th, 2016 9:24 AM Author: claret indian lodge Yea 10 percent is retarded, but the gist of the argument is right. Early investments have a bigger bang for their buck when it's said and done. Invest as much as you can, as early as you can, in a low cost index. Profit (when you are old as fuck). (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#30296303) |
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Date: February 20th, 2017 3:10 AM Author: Sable juggernaut no shit but we;'re going to see HISTORICALLY low returns from this pt out, we ARE SO FUCKITY FUCKED
401K = SCAMs |
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Date: February 20th, 2017 7:57 AM Author: claret indian lodge I agree generally that returns will be lower. But if you asked me in 08 if we were fucked I'd say yes - and the market has gone crazy since then. I thought trump would lead to a market correction, and yet we have the trump rally.
Don't be a boomer, save your money. |
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Date: April 18th, 2016 9:57 AM Author: irradiated embarrassed to the bone range saving for retirement is flame. just slide and let do (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#30296404) |
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Date: April 18th, 2016 10:04 AM Author: Motley bright university toilet seat cr (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#30296427) |
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Date: September 29th, 2016 10:24 AM Author: dashing macaca Cr...life sucks post 60 anyway..might as well killself (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#31520037) |
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Date: September 29th, 2016 10:03 AM Author: razzle karate (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#31519911) |
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Date: September 29th, 2016 1:21 PM Author: Aromatic lodge son of senegal How do they get 10% retune every year (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#31521456) |
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Date: September 29th, 2016 2:04 PM Author: Erotic Church Dingle Berry noob investor question, but isn't this idea kind of self perpetuating?
Everyone believes in investing in the S&P 500 via mutual funds and index funds -> the market consistently goes up over time because people are always buying (direct deposit into 401k) -> everyone believe in investing in the market. |
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Date: September 29th, 2016 2:12 PM Author: galvanic judgmental theater stage Student loan interest exceeds most investment returns so that should be priority #1 if you have it. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#31521840) |
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Date: September 29th, 2016 4:48 PM Author: Erotic Church Dingle Berry (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#31523215) |
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Date: February 20th, 2017 8:11 AM Author: Vermilion corner internal respiration lol at dorks ITT bobbing and weaving desperately not wanting this to be true. The annual return in the example may be at the high end of the range but the overall argument is cr. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#32660068) |
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Date: July 8th, 2017 9:32 AM Author: Vermilion corner internal respiration (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#33727637) |
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Date: July 8th, 2017 9:40 AM Author: Curious idiotic kitchen Earl must have been absolutely raped by fees in his IRA. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#33727655) |
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Date: July 8th, 2017 9:46 AM Author: Deep sickened boiling water striped hyena COMPOUND INT--*nuke melts face* (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#33727662) |
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Date: July 8th, 2017 9:50 AM Author: Floppy mahogany business firm Lol at everyone wagecucking there lives away for GC to save money they can't touch for 30-40 years and repeating the advice like brainwashed apes (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#33727671) |
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Date: July 8th, 2017 9:52 AM Author: Deep sickened boiling water striped hyena I find my rent seeking behavior is paying off better. Just a few homes and I'm making 4K extra every month with rarely having to lift a finger. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#33727675) |
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Date: July 8th, 2017 9:54 AM Author: Floppy mahogany business firm 20k liquid and 10k+ per month in passive income >>>>>>>>>>>>>>>> GC cucking the best years of your life to build a fraudlies "tax deferred" portfolio and get gaped on taxes at retirement (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#33727681) |
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Date: July 8th, 2017 10:16 AM Author: contagious flushed parlour (Not a rental property owner) (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#33727734) |
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Date: July 9th, 2017 11:14 AM Author: Cerebral mexican Future is impossible to predict. Best call is to diversify.
I fully fund the Roth IRA each year (future tax advantage), fund the 401k enough to capture the match and then some (current tax advantage) and also have a few rental houses which cash flow decently now and will be paid off by retirement (inflation hedge plus tax advantage for the next couple of decades). |
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Date: July 8th, 2017 10:05 AM Author: Vermilion corner internal respiration i turn 40 next year. less than two decades left! you jelly? (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#33727714) |
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Date: July 8th, 2017 10:06 AM Author: Floppy mahogany business firm Naw man my 30s have been 180 billion. Still young and free but fuckloads of money instead of broke (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#33727719) |
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Date: July 8th, 2017 12:06 PM Author: nudist chrome ratface stage now show me the table for $300K at 8% in student loans (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#33728030) |
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Date: July 8th, 2017 12:13 PM Author: Wine nighttime address boistinker imagine if you lived at home and worked at a 40k a year job from 19-25 or 26. invested it all. then went to college. you'd have it made. no one tells you this (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#33728056) |
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Date: July 8th, 2017 12:28 PM Author: dashing macaca (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#33728105) |
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Date: July 8th, 2017 12:30 PM Author: nudist chrome ratface stage lol, what $40K per year job do you think a 19 year old with a high school diploma can get? (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#33728113) |
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Date: July 8th, 2017 12:32 PM Author: White puppy data entry (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#33728119) |
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Date: July 8th, 2017 12:46 PM Author: nudist chrome ratface stage link to $40K data entry job that a 19 year old with a high school degree and no experience is qualified for? (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#33728151) |
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Date: July 8th, 2017 1:03 PM Author: White puppy I made about 30k as a bus boy when i was 16 working part time. 40k fulltime gig would be easy to swing.. even if through 2 part time jobs at restaurants etc (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#33728219) |
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Date: July 8th, 2017 1:04 PM Author: dashing macaca CR (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#33728221) |
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Date: July 8th, 2017 12:32 PM Author: dashing macaca Admin assistant (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#33728122) |
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Date: July 8th, 2017 12:45 PM Author: nudist chrome ratface stage lol what? first, no one is going to hire a no-experience 19 year old admin assistant when there are 10 and 20 year veterans applying for the same job. second, those jobs pay like $26K. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#33728148) |
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Date: July 8th, 2017 12:57 PM Author: dashing macaca According to the chart all you need to invest is like 2k a year and you're pretty much set for retirement...just get ANY fucking job until age 26
go be a front desk person/work as receptionist |
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Date: July 8th, 2017 1:26 PM Author: rough-skinned hairraiser quadroon cr chart is totally what happens IRL just stuff away 10k in stock at 18 = million$$$ (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#33728308) |
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Date: July 9th, 2017 11:10 AM Author: histrionic dull voyeur liquid oxygen things barzini knew and did that you did not for $200, alex (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#33734164) |
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Date: July 8th, 2017 12:45 PM Author: gay turdskin set I think a much more sure bet is Social Security taxes being raised to shore up the program, so I'll just YOLO out and rely on that. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#33728150) |
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Date: July 8th, 2017 1:27 PM Author: rough-skinned hairraiser quadroon My 3k in savings from govt job at 23 is now worth 5k. Holy fuck I'm gonna be rich!!!!! (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#33728311) |
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Date: July 9th, 2017 11:21 AM Author: Vigorous Adulterous Roommate Investment compounding is the single biggest scam the investment/retirement community uses to grab your money.
The Future value investment analysis assumes a guaranteed return with zero draw-down. The overall markets (S%P), and less than 1% of stocks follow the interest rate return curve.
The market curve more closely follows the short-memory timespan which is roughty 10 years for each new generation (87, 00, 09, ...next?)
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Date: August 22nd, 2017 7:26 PM Author: adventurous state antidepressant drug (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#34048286) |
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Date: August 23rd, 2017 11:19 AM Author: misunderstood yapping center pozpig Just use a 20% return the first 8 years and use 1% return the next 50 years bro. (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#34051890) |
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Date: September 15th, 2023 11:28 AM Author: razzle karate (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#46800589) |
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Date: April 13th, 2026 1:45 PM Author: "'''''"'''"""''''" how’d we all do? (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#49814625) |
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Date: April 13th, 2026 1:55 PM Author: Alison Angel Fan Not flame bc of the OP I invested $35k and it’s worth 6 million now (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#49814655) |
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Date: April 13th, 2026 1:58 PM Author: richard clock (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2)#49814666) |