I don't really see putting your money in an index fund as "gambling" more than buying investment properties Individual stock picking absolutely is gambling though
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Replying to @arthur_affect
PROPERTY IS REAL YOU CAN PUT YOUR FOOT ON IT. STOCKS ARENT REAL ARTHUR
48 replies 2 retweets 227 likes -
Replying to @thelindsayellis
Just because you can put your foot in a house doesn't mean its value can't rapidly dwindle to nothing for reasons you don't understand or control
5 replies 1 retweet 168 likes -
Replying to @arthur_affect
yeah idgi. a house is equity you can use you can use for stuff like, idk, shelter. you can't use stocks for literally anything. stocks aren't real.
24 replies 0 retweets 90 likes -
Replying to @thelindsayellis @arthur_affect
Not to be that guy, but if society collapses, that property you own probably isn't gonna stay yours. :/
1 reply 0 retweets 2 likes
I mean I see the doomer argument for owning your house in that "society collapsing" is a spectrum, and people seizing land is one of the last things that happens when shit hits the fan Still - having a mortgage with a big bank is also a hella vulnerable place to be in a collapse
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