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You're FUCKED if you don't save $ in your early 20s. Here's why
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Date: February 7th, 2014 3:20 PM Author: Odious Location 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: sadistic lilac abode hunting ground (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: Vivacious national security agency 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: Insecure orchestra pit (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2).#49814664) |
Date: February 7th, 2014 3:21 PM Author: comical marketing idea 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: spectacular primrose dilemma (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: Emerald tank 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: Magenta sneaky criminal 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: Racy Crawly Place Of Business 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: ultramarine voyeur dog poop 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: Swashbuckling parlour (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: Odious Location (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: razzmatazz round eye immigrant 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: cyan church building 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: razzmatazz round eye immigrant 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: Contagious forum fanboi (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: Tan Vigorous Base Headpube (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: mischievous harsh theater (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: razzmatazz round eye immigrant (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: rose giraffe (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: mischievous harsh theater (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: Odious Location (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: razzmatazz round eye immigrant 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: Odious Location (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: razzmatazz round eye immigrant (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: razzmatazz round eye immigrant (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: razzmatazz round eye immigrant (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: wine heady theater stage 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: floppy mint pit 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: Odious Location (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: wine heady theater stage 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: wine heady theater stage (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: wine heady theater stage 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: Ungodly outnumbered field useless brakes (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: wine heady theater stage 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: godawful multi-billionaire institution 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: Odious Location (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: wine heady theater stage 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: floppy mint pit 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: wine heady theater stage 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: Swashbuckling parlour (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: abnormal market (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: mauve principal's office prole 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: Maroon Adventurous Nibblets 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: Odious Location (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: wine heady theater stage this will not be the case for the next 50 years
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Date: February 7th, 2014 3:23 PM Author: Flickering Stag Film Patrolman (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: Frozen Stage 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: Irradiated Doctorate 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: razzmatazz round eye immigrant (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: floppy mint pit (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: crimson deer antler (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: aqua arousing box office (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: violet fat ankles mad-dog skullcap 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: Odious Location (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: violet fat ankles mad-dog skullcap 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: Odious Location (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: violet fat ankles mad-dog skullcap ?
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: Odious Location
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Date: February 7th, 2014 3:47 PM Author: violet fat ankles mad-dog skullcap 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: Odious Location (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: violet fat ankles mad-dog skullcap 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: Odious Location (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: cyan church building 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: Odious Location (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: Indigo locus new version 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: onyx address 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: Racy Crawly Place Of Business 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: comical marketing idea 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: Racy Crawly Place Of Business 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: comical marketing idea 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: Racy Crawly Place Of Business 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: comical marketing idea 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: Racy Crawly Place Of Business 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: comical marketing idea 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: Racy Crawly Place Of Business 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: Swashbuckling parlour 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: histrionic cerise karate azn (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: Concupiscible burgundy dragon sandwich 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: Odious Location (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: comical marketing idea 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: Bat-shit-crazy grizzly shitlib (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: Chocolate misanthropic rehab haunted graveyard (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: fantasy-prone property (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: Racy Crawly Place Of Business 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: comical marketing idea 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: Racy Crawly Place Of Business 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: violet fat ankles mad-dog skullcap 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: Racy Crawly Place Of Business 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: cobalt impressive sound barrier $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: titillating underhanded dingle berry 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: lascivious metal toaster 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: Odious Location (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: lascivious metal toaster 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: razzmatazz round eye immigrant 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: Stirring house (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: puce alcoholic crotch 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: marvelous keepsake machete ticket booth (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: Multi-colored tanning salon *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: puce alcoholic crotch 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: submissive sanctuary 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: submissive sanctuary 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: Snowy cerebral liquid oxygen 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: exhilarant jet-lagged mother plaza 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: marvelous keepsake machete ticket booth 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: Brass Pervert Bbw 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: green fighting stage macaca 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: Racy Crawly Place Of Business 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: puce alcoholic crotch 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: Sapphire Affirmative Action Sex Offender (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: diverse hospital partner 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: Razzle-dazzle Jade Ladyboy Range 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: Odious Location (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: Deep Faggotry Nursing Home 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: Odious Location (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: amethyst boistinker ratface (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: appetizing medicated cruise ship 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: Odious Location (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: Odious Location (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: territorial bearded station associate 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: Odious Location (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: Odious Location (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: Khaki whorehouse genital piercing 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: Bat-shit-crazy grizzly shitlib 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: Odious Location (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: Khaki whorehouse genital piercing 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: Odious Location (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: Racy Crawly Place Of Business 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: Odious Location (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: ruby son of senegal community account 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: Wonderful brindle mood chad 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: Odious Location (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: Odious Location (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: opaque church idiot 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: mewling flirting hominid coldplay fan 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: Swashbuckling parlour 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: abusive selfie 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: Odious Location (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: Deep Faggotry Nursing Home 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: Exciting ocher trump supporter rigor 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: floppy mint pit 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: Dun brethren garrison 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: Odious Location (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: Dun brethren garrison 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: Hot Soul-stirring Feces 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: Motley pearly famous landscape painting gunner 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: Odious Location (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: Motley pearly famous landscape painting gunner 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: Odious Location (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: Cowardly Cream Newt 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: milky messiness hairy legs *assumes 3% inflation* *fade in cannibal holocaust theme* |
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Date: April 18th, 2016 9:24 AM Author: Coral Fragrant Digit Ratio 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: Apoplectic stain 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: Coral Fragrant Digit Ratio 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: charismatic lettuce 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: Dun brethren garrison 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: fantasy-prone property 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: Odious Location (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: Angry Bawdyhouse Police Squad 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: bateful flesh hell death wish 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: territorial bearded station associate 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: bateful flesh hell death wish (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: Duck-like Carnelian Nowag Senate 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: Duck-like Carnelian Nowag Senate (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: copper supple double fault 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: Swashbuckling parlour 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: Sick hyperventilating indian lodge 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: Swashbuckling parlour 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: Sick hyperventilating indian lodge 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: wine heady theater stage (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: Snowy cerebral liquid oxygen 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: Duck-like Carnelian Nowag Senate 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: Sick hyperventilating indian lodge 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: iridescent gaming laptop national 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: Overrated glassy dopamine step-uncle's house 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: fantasy-prone property (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: iridescent gaming laptop national 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: amethyst boistinker ratface 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: iridescent gaming laptop national 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: amethyst boistinker ratface 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: fantasy-prone property 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: fantasy-prone property 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: iridescent gaming laptop national 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: fantasy-prone property 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: curious arrogant wrinkle 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: Stirring house 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: soggy buff theatre 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: curious arrogant wrinkle 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: Razzle-dazzle Jade Ladyboy Range 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: Purple indecent casino (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: aqua arousing box office 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: Odious Location (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: Duck-like Carnelian Nowag Senate 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: Pink galvanic roast beef set 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: Insecure orchestra pit (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2).#49814666) |