the only good posts in r/algotrading are guys arguing about who has the worst ideas 
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@kaia how come no one talks about the bogleheads strategy of just investing in broad funds for years, slowly growing money at pace with the market (and beating inflation) 
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@cell I think a lot of people know the index fund strategy, but they prefer to gamble
@kaia gambling never paid off for me 
randomly investing in things and holding them for many years did however
randomly investing in things and holding them for many years did however
@mer @kaia problem is not even the index fund strategy is common 
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i've noticed alot of people fall for traps such as endowment insurance scheme whatevers, listening to their insurance agent or their financial "advisor" or their bank relationship manager and end up alot worse off
essentially i want something sustainable that will keep me moderately more well off in the long run, while being resilient to market downturns!
if i wanted to get rich, it isn't from gambling - it's from investing in myself and landing a much more well paying job
👍i've noticed alot of people fall for traps such as endowment insurance scheme whatevers, listening to their insurance agent or their financial "advisor" or their bank relationship manager and end up alot worse off
essentially i want something sustainable that will keep me moderately more well off in the long run, while being resilient to market downturns!
if i wanted to get rich, it isn't from gambling - it's from investing in myself and landing a much more well paying job
@cell @kaia fair, in france we have goverment standard savings accounts that have a guaranteed rate, worse than the average index fund but the earnings are tax exempt so it's worth it to just fill that up to the 20k limit before bothering looking at actual investments
the only people I know that could have that filled don't but they have bought appartments and are paying the loan
everyone else in my circle is not evn close to have 20k in savings lol
the only people I know that could have that filled don't but they have bought appartments and are paying the loan
everyone else in my circle is not evn close to have 20k in savings lol
