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Condescending boomer advice on par with "walk in and ask to see the manager and give him eye contact and a firm handshake." Seems ostensibly helpful, is actual
by Macross8299 6y ago
Condescending boomer advice on par with "walk in and ask to see the manager and give him eye contact and a firm handshake."
Seems ostensibly helpful, is actually just meaningless platitudes and vague, generic advice that everyone knows.
- tartoran 6y agoBut investing in NFTs is the worst gamble one can do with their little disposable income and I find this part of the advice solid
- Macross8299 6y agoI mean, yeah, NFTs are a massive speculative gamble and probably a poor one ATM, the space is too oversaturated. That doesn't make speculation in general a bad idea. His advice of "don't speculate with free stimulus money even if you can afford it, spend it on consumer goods instead" is still bad advice. Young people are the ones who can afford to speculate without it hurting them too much. They have an entire lifetime to make lost money back, and if they win on their speculative play, an entire lifetime to compound it.
- paulpauper 6y agoit is true they have a lifetime to make it back but they also miss out on a lifetime of compounding from good investments early in life
- tartoran 6y agoSpeculative gamble in crypto is defintely a better one, especially the more known ones, BTC, ETH, etc. But NFTs? Cryptos are digital money. NFTs are digital hot air