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A lot of people that invest simply lack better alternatives. On the other hand the people that could invest reasonably like homeowners in energy efficiency do n

A lot of people that invest simply lack better alternatives. On the other hand the people that could invest reasonably like homeowners in energy efficiency do not have the money to do so, with the current monetary policy. Even if they had, they would gain more from investing in overvalued assets that have a growth in value detached from reality, driven by loose money supply for investors.

dehrmann 6y ago
> A lot of people that invest simply lack better alternatives Yeah, stocks haven't had a good year in over a decade /s
- legulere 6y ago
  Widespread access to low-fee index-fonds is pretty new and alternatives were not as bad as they are now. You could at least get inflation back by just letting your money stay at the bank, which is not possible now anymore.
  - dehrmann 6y ago
    The biggest change has been free trades and lower account minimums. For a long time, as long as you could hit the minimum (usually $2500-$5000), Vanguard was an amazing choice. The minimum wasn't great, but really, investing less isn't all that interesting, at least not as a missed opportunity for building wealth. Low-fee ETFs have also been around for a while, but the $10 per trade you'd pay in 2005 meant you didn't really want to buy less than $1,000 of anything.
SavantIdiot 6y ago
> lack better alternatives What?! Wow, this is a painfully misinformed statement. Like, so misinformed I want to hug you. Index funds have consistently beaten inflation by double digits and have practically nil management fees. They are vastly more secure alternative to imaginary crypto exchanges.
- noxer 6y ago
  You just assume people want low risk low reward. But you are wrong. Id rather put 10% of my saving into high risk and high reward and keep the rest at low risk basically no reward. The 10% at high risk is either going to zero or its going to be worth as much as the rest. P good dead if you ask me. If you have +1000% on the 10% you doubled your savings. There is no way you could double your savings with index funds or something similar. At lest not in the time span crypto could (around 4 year bull/bear cycles) You can call it gambling if you want but its actually cleverer and the chance of winning isn't like with gambling allays lower than 50% its simply unknown but you can manage it by how much you bet on high risk.

dehrmann 6y ago

> A lot of people that invest simply lack better alternatives Yeah, stocks haven't had a good year in over a decade /s

legulere 6y ago
Widespread access to low-fee index-fonds is pretty new and alternatives were not as bad as they are now. You could at least get inflation back by just letting your money stay at the bank, which is not possible now anymore.
- dehrmann 6y ago
  The biggest change has been free trades and lower account minimums. For a long time, as long as you could hit the minimum (usually $2500-$5000), Vanguard was an amazing choice. The minimum wasn't great, but really, investing less isn't all that interesting, at least not as a missed opportunity for building wealth. Low-fee ETFs have also been around for a while, but the $10 per trade you'd pay in 2005 meant you didn't really want to buy less than $1,000 of anything.

SavantIdiot 6y ago

> lack better alternatives What?! Wow, this is a painfully misinformed statement. Like, so misinformed I want to hug you. Index funds have consistently beaten inflation by double digits and have practically nil management fees. They are vastly more secure alternative to imaginary crypto exchanges.

noxer 6y ago
You just assume people want low risk low reward. But you are wrong. Id rather put 10% of my saving into high risk and high reward and keep the rest at low risk basically no reward. The 10% at high risk is either going to zero or its going to be worth as much as the rest. P good dead if you ask me. If you have +1000% on the 10% you doubled your savings. There is no way you could double your savings with index funds or something similar. At lest not in the time span crypto could (around 4 year bull/bear cycles) You can call it gambling if you want but its actually cleverer and the chance of winning isn't like with gambling allays lower than 50% its simply unknown but you can manage it by how much you bet on high risk.