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My father had a pretty average salary, bought a massive house for a reasonable price, and saw his wealth multiply many times over. It's not like that for my gen
by coralreef 5y ago
My father had a pretty average salary, bought a massive house for a reasonable price, and saw his wealth multiply many times over. It's not like that for my generation.
With the housing market this is certainly so. I'm one year younger than you, but have managed to triple my networth since 2020 (thanks Federal Reserve!) through stocks, mostly tech.
Obviously there is a lot of bias in this statement because I've only been investing for 7 years which have all been bull markets. But the data is there for you to see, if you can just buy and hold S&P500, you would have done very well over the last few years.