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Money and Finances
Reply to "Do most of you not realize how out of touch and privileged you are?"
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[quote=Anonymous][quote=Anonymous]Forget the rich. The much poorer people( like myself) could be rich also if they kept working, but took a few chances with their money. I missed out on Amazon, Netwflix, apple and many more. $1k has been turned into hundreds of thousand. I wouldn't miss the couple of thousands every once in a while, but I never knew that such a small amount can grow so much. While I saved my couple of thousand or even more, rich were getting richer while investing it. I didn't because the concept that $7 Netflix can turn in $550 Netflix, didn't exist. I had $3000 in 1997 and several times over the last 25 years. I had no idea what to do with it or where to put it. I think I just shopped it away most of the time. Robinhood and others have changed a few things for the poor. Many will lose money, but even more will make money. Again, many poor do have the money to make money. They don't trust or simply know about investing. I talked to all of my lower class co-workers about turning my little investments into $300k. They just smiled, said they wished and that was the end of their enthusiasm. The only one who was interested, has no work permit ad can't invest. Most have the extra thousands, but they'd rather shop it away. It's not even the medical bills for most, but the distrust and simply being so far from being a person who can invest.[/quote] How much GME do you own, PP?[/quote]
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