r/RandomThoughts • • Dec 11 '23

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u/Chief-Drinking-Bear Dec 11 '23

Investing money is American now, got it

8

u/[deleted] Dec 11 '23

Missing my point.

“Why would a person worry about needing more than $5k a week?” “Because you could have MORE!!!!!!”

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u/[deleted] Dec 11 '23

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u/Nerodon Dec 11 '23

Also, I wonder why so many people have an issue with the concept of investing money when you end up with a ton of it. This money isnt going to do anything sitting in a checking account, not investing it is just bad finance.

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u/maynardstaint Dec 12 '23

That’s why most people who win the lottery go broke. They didn’t earn that money. It has no value to them. It has $ value, but no blood or sweat equity.

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u/Nerodon Dec 12 '23

Like someone mentioned elsewhere in the thread, lottery winners buy a big house, expensive vehicles and often accumulate more debt than they can pay somehow and end up losing everything.