3 ms·
>It is not clear that she has any real duties on a given week, living far away from the location with no contact details. That's... how investing works? The av
by gruez 2y ago
>It is not clear that she has any real duties on a given week, living far away from the location with no contact details.
That's... how investing works? The average S&P 500 investor is probably making even more money than that lady (in percentage terms), with even less work. If you're a landlord you have to deal the hassle of finding renters and fixing stuff, or hiring a management company who take a significant cut. If you're an S&P 500 investor on the other hand you pay vanguard 0.03% and they handle everything for you.
- charlie90 2y agoThe stock market investor makes money off of other stock market investors playing the game. Landlords are making money off of real working people.
- gruez 2y agoIt's hard to take the "stock market is just a game" claim seriously when it's been reliably delivering returns for the past 5 decades. Moreover the stock market pays for the retirement of working people after they've retired, and funds working parents' college fund for their kids.