Comment by yaky

Comment by yaky 4 days ago

6 replies

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.

ericyd 4 days ago

This feels like a severe anecdotal example which I'm not sure applies to most people.

  • yaky 4 days ago

    It 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 4 days ago

      > And to be fair, investing does not apply to most people either.

      Why doesn't investing apply to most people?

      • encrypted_bird 2 days ago

        Because 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 4 days ago

Agreed, in 7th grade we did a stock market simulation, it made winning feel too easy.

nxor 4 days ago

Ahah but green ticker good red ticker bad. What's the problem sir