Quote:
Originally Posted by Muzzle of Bees
Let me put this terms you might understand. I studied photogrammetry and business in school. I am no stranger to math. No one I know gives 18k a year to these theives. And I would never wait 24 years for that to materialize. Your compound interest goes away too if it's reinvested in the same funds.
My point is that I have no intention of ever contributing into a system that is deliberately controlling markets for their own gain, while not giving a shit about my contributions. What's the benefit of being a good investor and contributing only to see it vaporize to half its value just when you need it? Some people will make out riding the coat tails of rich and powerful. Most won't. I am just not interested in giving them the opportunity. You can, the OP can too. I don't care. I know I am done with those people.
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Thats a very
interesting strategy, and you're
kind of wrong in any case (
per boglehead proven investement methods).
you can do it your way and it may work for you. but most of us don't want to play the real estate market with our whole pension, which can be just as volatile or more so.
OP asked for beginner advice and i think real estate is not for beginners, you may disagree and so may he, but thats where we all do something different.
i think diversification is where you missed out. also you, and
you alone select the funds that you populate your IRA and even your 401k with, so if you chose wrong you should have mixed it up and tried again, but not too often as you are in it for the long run in an IRA, HSA, and 401k.
Thats what you may be missing is the ability to play the long game. Its proven. And yes so is real estate and the stock market if you play it right, its just harder IMO, YMMV.
Basically you putting on your tinfoil blindfold and earmuffs to the other methods doesn't make them wrong or bad, it just makes it not for you. Just like your methods arent for me.
