Feeling bitter about having been born too late

[Anonymous]

Asset prices are insanely pumped right now, anyone just starting their career with no family money to help is screwed. Growth is probably going to suck for the next 20-30 years because of how overvalued the stock and real estate markets are right now. I’m pissed that I was born too late to benefit from any of it. Older generations got their 7%+ returns and now gen Z and younger millennials will be stuck with crappy 3-5% returns based on most forecasts.

[Anonymous]

On the other hand, you'll be alive 30-50 years longer than the others..

[Anonymous]

How old are you exactly?

[Anonymous]

Anonymous wrote:Asset prices are insanely pumped right now, anyone just starting their career with no family money to help is screwed. Growth is probably going to suck for the next 20-30 years because of how overvalued the stock and real estate markets are right now. I’m pissed that I was born too late to benefit from any of it. Older generations got their 7%+ returns and now gen Z and younger millennials will be stuck with crappy 3-5% returns based on most forecasts.

that is how I felt in 1987.

[Anonymous]

Same when I graduated in a recession in 1992.

[Anonymous]

Absolutely.

The way it’s currently operating it’s socialism for the boomers and the dregs of capitalism for younger millennials and zoomers. A modern FDR would serve us well.

[Anonymous]

Anonymous wrote:Absolutely.

The way it’s currently operating it’s socialism for the boomers and the dregs of capitalism for younger millennials and zoomers. A modern FDR would serve us well.

How? Will he nationalize avocado toast?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Asset prices are insanely pumped right now, anyone just starting their career with no family money to help is screwed. Growth is probably going to suck for the next 20-30 years because of how overvalued the stock and real estate markets are right now. I’m pissed that I was born too late to benefit from any of it. Older generations got their 7%+ returns and now gen Z and younger millennials will be stuck with crappy 3-5% returns based on most forecasts.

that is how I felt in 1987.

Haha I was about to say exactly that. I was so upset that people just a few years older than me had big houses in Cleveland Park and Cathedral and I could “only” afford a small unrenovated Adams Morgan row house.

[Anonymous]

Anonymous wrote:Same when I graduated in a recession in 1992.

And in 2009. There is nothing new under the sun.

[Anonymous]

I graduated in 1999 and turned down .com jobs in CA for a NYC job in publishing. Seemed smart at the time but dumb in hindsight. My point is you really don’t know how things will pan out in a few decade.

[Anonymous]

I was first able to invest money in the late 90's. If you look at the DJIA, the market was basically flat for the next 15 years. It went up (tech runup), then down (tech crash), climbed a bit, great recession, recovery. It wasn't until the mid-2010's that I started to see real, long-term growth in my retirement accounts. So complaining about "missing out" is nothing new.

[Anonymous]

Anonymous wrote:Asset prices are insanely pumped right now, anyone just starting their career with no family money to help is screwed. Growth is probably going to suck for the next 20-30 years because of how overvalued the stock and real estate markets are right now. I’m pissed that I was born too late to benefit from any of it. Older generations got their 7%+ returns and now gen Z and younger millennials will be stuck with crappy 3-5% returns based on most forecasts.

True. But at least we get to benefit from our parents’ wealth. I got a six-figure down payment for my house and also get a $30,000 annual gift tax-free from my parents. Their parents could never have afforded to give them those types of things.

[Anonymous]

I’m 21 & feel a lot of hope about the future for various reasons. And I wouldn’t say I come from a wealthy family (have federal student loans).

[Anonymous]

What? Palantir just returned 100% in one month. Everyone knew it was coming. Tesla went down to $100. Ofcourse it was going back up to $200. You are sleeping my friend.
Meta at $80 in October and many more.

[Anonymous]

The best is yet to come OP