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Personally, I wish it was as rewarding building or creating something as it is to invest in the stock market over the past decade. If you have capital it makes

Personally, I wish it was as rewarding building or creating something as it is to invest in the stock market over the past decade. If you have capital it makes more sense to put it into stocks than opening a coffee shop or computer repair shop, etc. If the stock market stops paying out maybe we'll go back to trying to create value instead of profiting from value created by others.

ModernMech 4y ago
Depends on what you mean by "rewarding". I feel that building and creating is far more rewarding then clicking a button and watching a number go up. I hope others feel the same, because when everyone is clicking buttons and watching numbers, that's not something society can sustain.
- tppiotrowski 4y ago
  I meant financially rewarding. It feels like the person that bought S&P500 stocks ten years ago probably fared better financially than the average entrepreneur.
altdataseller 4y ago
It's getting more rewarding to put into Treasury Bills, when it's paying 4% in interest as of today.
- caeril 4y ago
  That's a really good yield, so you're only losing 4.3% annually on a real basis.
  - deleted 4y ago
    [deleted]
returnInfinity 4y ago
stock market is a future indicator of economic activity, so if its down, it also an indicator that less coffee shops will be opened because of lack of capital
bidirectional 4y ago
If you built or created something that other people like (i.e. will pay for), you could probably get a way better 10 year ROI than you would in the market.
- MisterMower 4y ago
  Doing that creating requires taking on sizable risk, a chunk of investment up front, and most importantly, a lot of hard work, consistently applied over multiple years. I know I have had conversations with myself about starting a business or building a rent house and the cost benefit calculus always comes back “invest in the stock market, 10% return for zero effort over the long haul.” It’s getting over the initial hump of “would trying this be profitable, discounting for risk, effort, and opportunity cost?” That is the issue. Lower real returns in the market might change this.

ModernMech 4y ago

Depends on what you mean by "rewarding". I feel that building and creating is far more rewarding then clicking a button and watching a number go up. I hope others feel the same, because when everyone is clicking buttons and watching numbers, that's not something society can sustain.

tppiotrowski 4y ago
I meant financially rewarding. It feels like the person that bought S&P500 stocks ten years ago probably fared better financially than the average entrepreneur.

altdataseller 4y ago

It's getting more rewarding to put into Treasury Bills, when it's paying 4% in interest as of today.

caeril 4y ago
That's a really good yield, so you're only losing 4.3% annually on a real basis.
- deleted 4y ago
  [deleted]

returnInfinity 4y ago

stock market is a future indicator of economic activity, so if its down, it also an indicator that less coffee shops will be opened because of lack of capital

bidirectional 4y ago

If you built or created something that other people like (i.e. will pay for), you could probably get a way better 10 year ROI than you would in the market.

MisterMower 4y ago
Doing that creating requires taking on sizable risk, a chunk of investment up front, and most importantly, a lot of hard work, consistently applied over multiple years. I know I have had conversations with myself about starting a business or building a rent house and the cost benefit calculus always comes back “invest in the stock market, 10% return for zero effort over the long haul.” It’s getting over the initial hump of “would trying this be profitable, discounting for risk, effort, and opportunity cost?” That is the issue. Lower real returns in the market might change this.