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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: Sienna awkward locus 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: Heady area (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: Lemon Violent Ceo 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: Onyx aphrodisiac house 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: Chest-beating rigor (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: vivacious state 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: Mustard Patrolman 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: Jet Stock Car Wrinkle 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: Multi-colored dun stag film 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: Sienna awkward locus (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: Cracking theater 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: Brilliant Unholy Principal's Office Fat Ankles 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: Cracking theater 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: spruce kink-friendly institution therapy (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: jade pontificating kitty cat school cafeteria (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: Mahogany jap (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: Cracking theater (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: mind-boggling fantasy-prone shrine (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: Mahogany jap (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: Sienna awkward locus (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: Cracking theater 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: Sienna awkward locus (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: Cracking theater (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: Cracking theater (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: Cracking theater (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: Glittery bisexual senate clown 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: Dashing Resort 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: Sienna awkward locus (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: Glittery bisexual senate clown 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: Glittery bisexual senate clown (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: Glittery bisexual senate clown 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: big dark twinkling uncleanness (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: Glittery bisexual senate clown 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: Wonderful Heaven 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: Sienna awkward locus (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: Glittery bisexual senate clown 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: Dashing Resort 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: Glittery bisexual senate clown 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: Supple Aquamarine Plaza Double Fault (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: razzle-dazzle massive foreskin gay wizard 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: Sienna awkward locus (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: Glittery bisexual senate clown this will not be the case for the next 50 years
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Date: February 7th, 2014 3:23 PM Author: exhilarant station karate (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: Twinkling doctorate 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: Orchid Theater Stage Organic Girlfriend 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: Cracking theater (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: Dashing Resort (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: exciting cruise ship (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: Thriller dead hall (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: razzmatazz charcoal property 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: Sienna awkward locus (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: razzmatazz charcoal property 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: Sienna awkward locus (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: razzmatazz charcoal property ?
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: Sienna awkward locus
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Date: February 7th, 2014 3:47 PM Author: razzmatazz charcoal property 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: Sienna awkward locus (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: razzmatazz charcoal property 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: Sienna awkward locus (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: Brilliant Unholy Principal's Office Fat Ankles 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: Sienna awkward locus (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: Vibrant cobalt garrison private investor 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: autistic haunted graveyard 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: Jet Stock Car Wrinkle 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: Onyx aphrodisiac house 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: Jet Stock Car Wrinkle 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: Onyx aphrodisiac house 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: Jet Stock Car Wrinkle 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: Onyx aphrodisiac house 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: Jet Stock Car Wrinkle 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: Onyx aphrodisiac house 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: Jet Stock Car Wrinkle 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: Irradiated New Version Lettuce (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: pearl dopamine 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: Sienna awkward locus (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: Onyx aphrodisiac house 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: Abnormal charismatic really tough guy (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: Soul-stirring amber ratface (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: greedy milk (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: Jet Stock Car Wrinkle 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: Onyx aphrodisiac house 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: Jet Stock Car Wrinkle 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: razzmatazz charcoal property 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: Jet Stock Car Wrinkle 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: contagious sapphire alpha $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: mischievous silver ticket booth 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: Internet-worthy adventurous toilet seat point 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: Sienna awkward locus (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: Internet-worthy adventurous toilet seat point 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: Cracking theater 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: deep jet-lagged sound barrier (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: comical pervert 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: Fragrant death wish (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: beady-eyed yellow spot mediation *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: comical pervert 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: slippery stead becky 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: slippery stead becky 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: Umber vengeful legend 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: Filthy concupiscible abode hissy fit 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: Fragrant death wish 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: Swashbuckling costumed lodge half-breed 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: well-lubricated mint piazza gaping 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: Jet Stock Car Wrinkle 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: comical pervert 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: laughsome chocolate base athletic conference (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: Poppy elite crotch 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: electric personal credit line library 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: Sienna awkward locus (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: Shivering casino 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: Sienna awkward locus (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: racy carmine place of business sanctuary (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: henna 180 sweet tailpipe parlor 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: Sienna awkward locus (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: Sienna awkward locus (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: Bearded gold market juggernaut 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: Sienna awkward locus (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: Sienna awkward locus (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: Trip native boistinker 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: Abnormal charismatic really tough guy 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: Sienna awkward locus (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: Trip native boistinker 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: Sienna awkward locus (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: Jet Stock Car Wrinkle 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: Sienna awkward locus (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: diverse crimson church dingle berry 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: Lavender feces codepig 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: Sienna awkward locus (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: Sienna awkward locus (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: razzle medicated party of the first part people who are hurt 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: Disturbing seedy hospital trust fund 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: Appetizing Forum Goyim 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: Sienna awkward locus (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: Shivering casino 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: Ocher Cowardly Gas Station 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: Dashing Resort 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: Twisted cuckold crackhouse 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: Sienna awkward locus (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: Twisted cuckold crackhouse 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: galvanic copper den headpube 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: Provocative french chef whorehouse 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: Sienna awkward locus (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: Provocative french chef whorehouse 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: Sienna awkward locus (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: disgusting floppy mad-dog skullcap philosopher-king 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: Stimulating home *assumes 3% inflation* *fade in cannibal holocaust theme* |
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Date: April 18th, 2016 9:24 AM Author: up-to-no-good walnut parlour 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: Coiffed theatre 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: up-to-no-good walnut parlour 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: Histrionic avocado locale 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: Twisted cuckold crackhouse 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: greedy milk 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: Sienna awkward locus (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: bateful fighting kitchen keepsake machete 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: titillating insane mother university 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: Bearded gold market juggernaut 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: titillating insane mother university (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: Doobsian Vigorous Turdskin 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: Doobsian Vigorous Turdskin (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: azure generalized bond 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: slap-happy dog poop tattoo 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: Cream hell wagecucks 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: slap-happy dog poop tattoo 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: Cream hell wagecucks 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: Glittery bisexual senate clown (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: Umber vengeful legend 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: Doobsian Vigorous Turdskin 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: Cream hell wagecucks 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: crusty office 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: Hairraiser center 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: greedy milk (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: crusty office 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: racy carmine place of business sanctuary 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: crusty office 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: racy carmine place of business sanctuary 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: greedy milk 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: greedy milk 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: crusty office 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: greedy milk 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: carnelian bawdyhouse 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: deep jet-lagged sound barrier 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: Excitant slate rehab black woman 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: carnelian bawdyhouse 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: electric personal credit line library 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: scarlet nibblets indian lodge (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: Thriller dead hall 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: Sienna awkward locus (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) |