Reply to When does contributing to your portfolio start to feel pointless?

Forum Index » Money and Finances

Reply to "When does contributing to your portfolio start to feel pointless?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]I kinda get what OP is saying even though I don't see it that way. yes, the old money makes a lot more than any new money you put in. we have about 6 mil in the market now but still continue to put in up to the limits. today's money will make money 30 years down the road.[/quote]

I was sort of thinking this earlier this week. We do not really feel wealthy (I don’t mean that in the humblebrag way but how we have always felt in terms of not having huge amounts of extra money). But we have been saving in retirement, maxing out as much as possible, since age 22. In the last 10 years also brokerage accounts. Now we are almost 50. Our older money is doing so much work right now, and it does feel like the newer money won’t be as productive.

I never thought I would have what I have. I hope my kids and other young people understand and really just push through on saving early. For so long, it felt like it wouldn’t be enough and then all of a sudden it felt like so much growth. I know I’m simplifying but hopefully you know what I mean. [/quote]

When the market does +20% in one year all I think is how jealous I am of people with 8 figures invested who just made millions in a single year from doing nothing [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics