BruceWayneMogs
Meditations
- Joined
- Jan 4, 2023
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In microeconomics, higher expected returns are generally associated with higher levels of risk.
Forget about crypto, forget about forex trading. Forget about DAY TRADING, most of these are straight up gambling, and way too risky for you to shove your hard-earned savings into. They could bring higher returns annually, but it really is a gamble.
You need to accumulate rental properties, gold, and invest into S&P500 (or other secure ETFs) in your lifetime. These are safe options that will grow your wealth exponentially, but with a just a few percentages of real growth annually. (Real growth = nominal growth -inflation) Not going further into detail, I would suggest you to read the following thread :
https://looksmax.org/threads/megagu...g-manager-backed-up-by-research-data.1113302/
If you live frugally, drive a shitbox, live in a small apartment, and settle down with an also frugal lmtb, while putting your savings into these investments, you will accumulate great wealth by the end of your life.
For example : (In let’s say : Germany) If both you and her earn a median monthly net income of 2500€ per month, that is 5000€ together.
If the two of you are frugal enough, and manage to save up 2500€ each month, after 50 years of compound interest (12% interest per year. With an annual inflation of 4%) would be approximately 9.3 million € in todays money.
Here comes the tricky part :
-You and your wife have to bear only one child.
-Convince the child that they have to marry someone that will inherit around the same amount of wealth as them.
(This way the inheritance will always at least double for the next descendant)
-And convince the child to repeat the process the same way you and your wife did it.
If there will be no 1.alcoholics, 2.drug addicts or 3.gamblers or 4.homosexuals or 5.cognitively impaired people amongst your descendants, AND the process is correctly repeated, after just 3 degrees of descent, your great grandson would be worth 75 BILLION EUROS Due to this supercompounding.
You cannot save your genetic makeup, but your great grandson can. He will betabuxx his way to success with Stacy, thus saving your bloodline and genetic makeup.
Time to get to work and lay the foundation.
Forget about crypto, forget about forex trading. Forget about DAY TRADING, most of these are straight up gambling, and way too risky for you to shove your hard-earned savings into. They could bring higher returns annually, but it really is a gamble.
You need to accumulate rental properties, gold, and invest into S&P500 (or other secure ETFs) in your lifetime. These are safe options that will grow your wealth exponentially, but with a just a few percentages of real growth annually. (Real growth = nominal growth -inflation) Not going further into detail, I would suggest you to read the following thread :
https://looksmax.org/threads/megagu...g-manager-backed-up-by-research-data.1113302/
If you live frugally, drive a shitbox, live in a small apartment, and settle down with an also frugal lmtb, while putting your savings into these investments, you will accumulate great wealth by the end of your life.
For example : (In let’s say : Germany) If both you and her earn a median monthly net income of 2500€ per month, that is 5000€ together.
If the two of you are frugal enough, and manage to save up 2500€ each month, after 50 years of compound interest (12% interest per year. With an annual inflation of 4%) would be approximately 9.3 million € in todays money.
Here comes the tricky part :
-You and your wife have to bear only one child.
-Convince the child that they have to marry someone that will inherit around the same amount of wealth as them.
(This way the inheritance will always at least double for the next descendant)
-And convince the child to repeat the process the same way you and your wife did it.
If there will be no 1.alcoholics, 2.drug addicts or 3.gamblers or 4.homosexuals or 5.cognitively impaired people amongst your descendants, AND the process is correctly repeated, after just 3 degrees of descent, your great grandson would be worth 75 BILLION EUROS Due to this supercompounding.
You cannot save your genetic makeup, but your great grandson can. He will betabuxx his way to success with Stacy, thus saving your bloodline and genetic makeup.
Time to get to work and lay the foundation.