101
you are viewing a single comment's thread
view the rest of the comments
[-] OldWoodFrame@lemm.ee 5 points 7 months ago

Putting a percentage of your income in the stock market is a very good idea. Even if you're a conspiracy person and you think a mysterious "them" controls the world, "them" are rich people who own stocks. They will make sure the value of stocks go up.

If you're not a conspiracy person, just look at history. The value of stocks always goes up in the long term, and you hold retirement accounts for the long term.

this post was submitted on 09 May 2024
101 points (100.0% liked)

Personal Finance

3868 readers
29 users here now

Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!

Note: This community is not region centric, so if you are posting anything specific to a certain region, kindly specify that in the title (something like [USA], [EU], [AUS] etc.)

founded 2 years ago
MODERATORS