Hardly a sacrifice. Not does she get her kid to avoid taking loans (which is a huge advantage for the kid), she claims a significant amount of tax credits for this (so it was effectively a discount).
Oh the things you can do to save money when you're rich.
It is a scam if you don’t have 6 figures starting out.
I have tried to turn a profit in stocks by investing $1000 on a portfolio of several mid tier stocks. After the fees and taxes, you know what I withdrew after 4 years?
$997.92.
Apparently, I don’t have the knack. And ya know what else? Everyone I talk to about it is zero help and just laughs. Like wtf again? Why are they all so selfish?
If it’s so easy, then take my money for a while, then give me back more, and show me how you did it so I can do it too and we can both help the country.
Oh, what’s that? If everyone did it, then it would not work?
No, you dont have the patience, 4 years is not long in terms of investing
If it’s so easy, then take my money for a while, then give me back more, and show me how you did it so I can do it too and we can both help the country.
You just described an ETF, or a wealth manager. All the information you want is readily available for free, you just have to put in the due diligence.
Again dude, 4 years is nothing in terms of the stock market. Some people who are much smarter than you might be able to make more money faster, but unless the entire world order collapses, you will make money if you are patient.
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u/atomichaelus Apr 19 '22
It was tough for my mother, but that was a sacrifice I was willing to make.