S&P500 has average interest rate of 10.05% in the last 20 years.
Price of 70 square meters flat in my hometown in 2003 was around $25,000.
If you took that money and put it into S&P500, kept it there for 20 years, compounded the interest and reinvested dividends, you'd get to $170,000.
But the price of the same flat is $184,000 these days.
And let's not stop at prices of real estate which went up more than 7x.
Bakery got up 6x.
220g of quality chocolate for $1.38 turned into 180g of shitty sugary sludge for $4.37.
(Shrinkflation and shitflation at its finest)
I'm sorry but S&P500 just helps us track real inflation and it maybe conserves your purchasing power. It won't make you rich or let you go to retirement in your 40s.
#bitcoin is the way. We're living in unprecedented time where understanding of bitcoin and its magnitude is widely misunderstood. The most asymmetric bet you'll probably witness in your short lifetimes...