Anonymous
06/04/2023 19:06
Subject: Re:Feeling bitter about having been born too late
The best is yet to come OP
Anonymous
06/04/2023 18:49
Subject: Feeling bitter about having been born too late
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.
Meta at $80 in October and many more.
Anonymous
06/04/2023 18:14
Subject: Re:Feeling bitter about having been born too late
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
06/04/2023 18:04
Subject: Feeling bitter about having been born too late
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
06/04/2023 17:54
Subject: Feeling bitter about having been born too late
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
06/04/2023 17:29
Subject: Feeling bitter about having been born too late
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
06/04/2023 17:09
Subject: Feeling bitter about having been born too late
Anonymous wrote:Same when I graduated in a recession in 1992.
And in 2009. There is nothing new under the sun.
Anonymous
06/04/2023 17:07
Subject: Feeling bitter about having been born too late
Anonymous wrote:that is how I felt in 1987.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.
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
06/04/2023 16:56
Subject: Re:Feeling bitter about having been born too late
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
06/04/2023 16:47
Subject: Re:Feeling bitter about having been born too late
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.
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
06/04/2023 16:46
Subject: Feeling bitter about having been born too late
Same when I graduated in a recession in 1992.
Anonymous
06/04/2023 16:45
Subject: Feeling bitter about having been born too late
that is how I felt in 1987.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.
Anonymous
06/04/2023 16:40
Subject: Feeling bitter about having been born too late
How old are you exactly?
Anonymous
06/04/2023 16:30
Subject: Feeling bitter about having been born too late
On the other hand, you'll be alive 30-50 years longer than the others..
Anonymous
06/04/2023 16:28
Subject: Feeling bitter about having been born too late
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.