Spent a few days watching finance YouTubers
Do these guys honestly think 7% per year is good? 💀💀
Whole job is to talk about money and they don't know the first thing about it
Discussion
That’s why they are on YouTube.
tell the audience what they want to hear -> gather npc nodding normies -> gather more normies -> earn a bunch based off of adsense, merch, courses and ref links
when has it ever been the goal to educate people there?
they are solving for money and attention
nominal dollar go up = LAMBO!
😒
Fiat marketing team, lmao. Real inflation is easily double digits.
I read the intelligent investor a few years ago and the average return on the s&p500 was 8%. This was the go to investment. The average money supply growth is also 8% so you’re not actually gaining the benefits until your stonk returns compound. Which takes a long time. By the time you can enjoy the returns you’ll be an old dried up turd like buffet.
It's nihilistic brain rot. After bitcoin I found out that I hate trading