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Reply to "Feeling bitter about having been born too late"
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[quote=Anonymous][quote=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. [/quote] 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.[/quote]
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