this post was submitted on 19 Feb 2024
315 points (95.9% liked)
LinkedinLunatics
5332 readers
7 users here now
A place to post ridiculous posts from linkedIn.com
(Full transparency.. a mod for this sub happens to work there.. but that doesn't influence his moderation or laughter at a lot of posts.)
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Inflation (when considering the rise of cost of living): 6%
Returns of investment funds my bank offers: 5%
Disposable income to use for investing: 0
Yeah, the math works out just fine on this one.
Investment returns of broad market: 10-15%. Don't invest with your bank, invest with a brokerage.
That doesn't exactly work if you don't have money to begin with though...
The first rule of making money: Have money.