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Be careful with comparing real-life things and experiences with a (virtual) number on a screen, especially for children. I used to know an adult who only cared
by yaky 11mo ago
Be careful with comparing real-life things and experiences with a (virtual) number on a screen, especially for children.
I used to know an adult who only cared about that number going up, despite making more than a comfortable amount of money. Live with parents, save on rent/mortgage, number goes up faster. Buy cheapest food, take leftovers from work-catered lunches, number goes up faster. Scam your way into being hired for a position you are severely underqualified for, get terminated after three months, keep the salary and sign-on bonus, number goes up. Invest pretty much everything (because there are almost no expenses), compound interest.
- nxor 11mo agoAhah but green ticker good red ticker bad. What's the problem sir
- ericyd 11mo agoThis feels like a severe anecdotal example which I'm not sure applies to most people.
- yaky 11mo agoIt is definitely a single point, but that is who this post immediately made me think of. And to be fair, investing does not apply to most people either.
- unmole 11mo ago> And to be fair, investing does not apply to most people either. Why doesn't investing apply to most people?
- encrypted_bird 11mo agoBecause most people are neither properly educated about investing nor have the money to spare to even start. Most people are living paycheck to paycheck.
- ct0 11mo agoAgreed, in 7th grade we did a stock market simulation, it made winning feel too easy.