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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: Lilac Field Partner 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: Brindle office azn (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: Comical bat shit crazy kitchen 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: Milky hominid digit ratio 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: glassy mood (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: Olive pit toilet seat 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: wonderful chad 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: nighttime lay regret 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: Racy trailer park 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: Lilac Field Partner (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: azure idiot So for the next 50 years the US Economy will be as prosperous as the last 50? (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2#24973943) |
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Date: February 7th, 2014 3:34 PM Author: Exhilarant spot 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: azure idiot 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: translucent menage legend (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: 180 sienna halford (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: Maize Fanboi State (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: azure idiot (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: Disgusting dilemma nibblets (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: Maize Fanboi State (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: Lilac Field Partner (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: azure idiot 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: Lilac Field Partner (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: azure idiot (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: azure idiot (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: azure idiot (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: razzle-dazzle sweet tailpipe 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: indecent space alpha 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: Lilac Field Partner (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: razzle-dazzle sweet tailpipe 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: razzle-dazzle sweet tailpipe (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: razzle-dazzle sweet tailpipe 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: Titillating theater (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: razzle-dazzle sweet tailpipe 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: primrose newt 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: Lilac Field Partner (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: razzle-dazzle sweet tailpipe 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: indecent space alpha 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: razzle-dazzle sweet tailpipe 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: frozen forum (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: bright crackhouse 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: Lilac Field Partner (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: razzle-dazzle sweet tailpipe this will not be the case for the next 50 years
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Date: February 7th, 2014 3:23 PM Author: razzmatazz obsidian stage immigrant (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: histrionic new version 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: Excitant genital piercing 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: azure idiot (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: indecent space alpha (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: Vigorous Center (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: Crawly hairraiser parlor cuckoldry (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: Charismatic Kink-friendly Patrolman 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: Lilac Field Partner (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: Charismatic Kink-friendly Patrolman 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: Lilac Field Partner (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: Charismatic Kink-friendly Patrolman ?
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: Lilac Field Partner
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Date: February 7th, 2014 3:47 PM Author: Charismatic Kink-friendly Patrolman 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: Lilac Field Partner (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: Charismatic Kink-friendly Patrolman 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: Lilac Field Partner (http://www.autoadmit.com/thread.php?thread_id=2488792&forum_id=2#24974276) |
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Date: February 7th, 2014 4:35 PM Author: Exhilarant spot 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: Lilac Field Partner (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: Aqua brethren reading party 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: flesh frum property athletic conference 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: nighttime lay regret 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: Milky hominid digit ratio 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: nighttime lay regret 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: Milky hominid digit ratio 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: nighttime lay regret 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: Milky hominid digit ratio 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: nighttime lay regret 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: Milky hominid digit ratio 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: nighttime lay regret 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: at-the-ready place of business (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: transparent potus 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: Lilac Field Partner (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: Milky hominid digit ratio 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: Twisted jet gunner (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: bateful twinkling uncleanness stain (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: Duck-like indian lodge (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: nighttime lay regret 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: Milky hominid digit ratio 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: nighttime lay regret 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: Charismatic Kink-friendly Patrolman 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: nighttime lay regret 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: passionate deer antler cumskin $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: anal corn cake church building 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: Curious sadistic masturbator 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: Lilac Field Partner (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: Curious sadistic masturbator 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: azure idiot 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: Aquamarine cerebral location (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: Fragrant Stag Film Psychic 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: adventurous area boistinker (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: umber pozpig *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: Fragrant Stag Film Psychic 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: fighting contagious home 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: fighting contagious home 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: crystalline razzle mexican Right. The person who started investing earlier is still in a better position than the person who spent it all.
I started investing seriously in 2006 or so, and sure, I got hammered in the couple of years following that. But after the crash I still had something (didn't sell) and it's since recovered. That portion of my savings wouldn't exist if I hadn't saved it early. |
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Date: February 7th, 2014 4:10 PM Author: Concupiscible Bbw 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: adventurous area boistinker 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: Appetizing corner national security agency 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: shimmering kitty 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: nighttime lay regret 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: Fragrant Stag Film Psychic 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: indigo factory reset button (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: Cream zombie-like site 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: Useless jew principal's office 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: Lilac Field Partner (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: Ultramarine mind-boggling death wish 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: Lilac Field Partner (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: Plum Bearded Den (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: Spectacular telephone rehab 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: Lilac Field Partner (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: Lilac Field Partner (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: carnelian vivacious house mad cow disease 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: Lilac Field Partner (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: Lilac Field Partner (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: thriller dragon base 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: Twisted jet gunner 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: Lilac Field Partner (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: thriller dragon base 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: Lilac Field Partner (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: nighttime lay regret 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: Lilac Field Partner (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: Heady faggot firefighter institution 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: demanding rambunctious skinny woman 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: Lilac Field Partner (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: Lilac Field Partner (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: self-absorbed dysfunction 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: Aromatic soggy gas station 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: fiercely-loyal hilarious box office ladyboy 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: Lilac Field Partner (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: Ultramarine mind-boggling death wish 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: marvelous hideous indirect expression 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: indecent space alpha 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: federal preventive strike 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: Lilac Field Partner (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: federal preventive strike 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: Confused coldplay fan private investor 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: hyperactive theatre elastic band 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: Lilac Field Partner (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: hyperactive theatre elastic band 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: Lilac Field Partner (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: provocative dog poop 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: French Honey-headed Ceo Nursing Home *assumes 3% inflation* *fade in cannibal holocaust theme* |
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Date: April 18th, 2016 9:24 AM Author: Galvanic grizzly hospital 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: Chocolate Organic Girlfriend Brunch 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: Galvanic grizzly hospital 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: motley library hissy fit 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: federal preventive strike 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: Duck-like indian lodge 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: Lilac Field Partner (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: Beady-eyed Pink Marketing Idea 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: Boyish stage blood rage 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: carnelian vivacious house mad cow disease 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: Boyish stage blood rage (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: Multi-colored school cafeteria 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: Multi-colored school cafeteria (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: Dead sex offender set 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: Mint know-it-all resort dingle berry 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: yellow step-uncle's house 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: Mint know-it-all resort dingle berry 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: yellow step-uncle's house 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: razzle-dazzle sweet tailpipe (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: crystalline razzle mexican Future is impossible to predict. Best call is to diversify.
I fully fund the Roth IRA each year (future tax advantage), fund the 401k enough to capture the match and then some (current tax advantage) and also have a few rental houses which cash flow decently now and will be paid off by retirement (inflation hedge plus tax advantage for the next couple of decades). |
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Date: July 8th, 2017 10:05 AM Author: Multi-colored school cafeteria 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: yellow step-uncle's house 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: big snowy point 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: exciting low-t school 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: Duck-like indian lodge (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: big snowy point 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: Plum Bearded Den 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: big snowy point 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: Plum Bearded Den 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: Duck-like indian lodge 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: Duck-like indian lodge 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: big snowy point 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: Duck-like indian lodge 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: blue bossy piazza associate 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: Aquamarine cerebral location 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: underhanded lettuce address 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: blue bossy piazza associate 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: Useless jew principal's office 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: Trip maroon people who are hurt sanctuary (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: Crawly hairraiser parlor cuckoldry 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: Lilac Field Partner (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) |