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TopicWWYD? $100 Bucks A Day or $10,000 Bucks A Week...
adjl
11/30/21 12:47:37 PM
#41:


Krazy_Kirby posted...
people acting as if investments never lose money

If you're reasonably conservative with your investments, you can all but guarantee that you'll see a net gain in the long run, even if you lose some money here and there. I don't think anyone's talking about going out and buying $520k in bitcoin and hoping for the best; a 5-8% return is generally reliable enough to be the basis for a long-term financial plan (and if it isn't, the market's pretty screwed and we've got bigger issues to worry about than a hypothetical free money prize).

Joshs Name posted...
10k easy, unless the $100 adjusts for inflation it might be OK but until I hear otherwise I wouldn't even consider it

Yeah, if there's no adjustment for inflation, this is an easy choice. By that 14-year equivalency point, that $100 will be worth notably less than the $10k plan would have been , given that the $10k plan can be invested to counteract inflation (even more reliably than investing it with the intent of turning a small profit).

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