4 ms·

The answer all along was to invest in index funds starting from age 5.

• pydry 4y ago
  According to the default propaganda model of our society the solution is hard work and taking personal responsibility. According to the investment/FIRE communities and Thomas Piketty's study, yea, you're better off siphoning off taking the fruits of others' work via "the magic of compounding".
  • chasd00 4y ago
    > According to the default propaganda model of our society the solution is hard work and taking personal responsibility. Well blaming others for your problems and leeching off society for income isn’t going to get you very far.
    • pydry 4y ago
      If you have a trust fund you'll do just fine.
• blfr 4y ago
  Yes (and very good comment), but will it still be the answer in 2050? Basically, these things look anti-inductive.