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I’ve been following the bogleheads philosophy since I graduated college. I’ve done it while working normal jobs, pursuing startups, side projects, sabbaticals a
by hklgny 4y ago
I’ve been following the bogleheads philosophy since I graduated college. I’ve done it while working normal jobs, pursuing startups, side projects, sabbaticals abroad and everything in between. I’ve had some luck with startups, but the majority of my savings has come from monthly contributions.
I’m now at a point where my investments in index funds kick off nearly enough to cover my expenses. It’s an incredible thing that I’m super proud of.
Your take here is reckless and I hope nobody takes it seriously. I’m not advocating for putting your life on hold to work a 9-5 just to save - but if you’re not sticking some cash into safe investment vehicles as you go then you’re just playing on hard mode.
- bdangubic 4y ago[flagged]
- hklgny 4y agoYou do you, man. But you haven’t replied to anyone asking your thoughts on alternatives and if total market index funds hit the ground we’ve got bigger fish to fry. I just hope nobody takes you seriously.
- bdangubic 4y ago[flagged]
- deleted 4y ago[deleted]
- mangosteenjuice 4y agoWhat do they invest in?
- deleted 4y ago[deleted]
- bittercynic 4y agoIs this disagreement really about different meanings of 'safe'? I think most people would agree that we're in a bit of a weird time financially. It seems possible to me that total market index funds might go sideways for a while, and that we might, in fact, have bigger fish to fry as well. On the other hand, if you've paid down your debts, and emergency fund is in good shape, and you still have extra cash, is there a better bet than a total market index fund?
- bdangubic 4y agoyes, Apple. Will outperform any index fund over the next decade just like it did the previous decade but hedge it a bit with few other companies