I used to be obsessed with investing, I acquired a CFA qualifications, interned at an investment bank, studied economics and was on my way to working at an investment bank.
Then I slowly came to accept the sad truth that few have been vocalizing in recent years: that the stock market is completely random and that no knowledge of the current state of the world can help you in picking stock whose price is going to increase in the future.
Just look at some facts: that the market beats 60% of stock brokers without fail; that most investors do not succeed year to year; that rolling a dice to pick stock is usually more effective than any statistical model.
The sad truth is there is nothing to investing. It's a gamble just like putting all your money on black. You win some you lose some. That's all.
Well, you can amortize risk by using index funds, but I get the point. However, stocks are not the only investment out there.
You can become very wealthy with rental properties, franchises, notes, bonds, etc. There is a huge list you can choose from and they all behave very differently.
>>1244602
And what does this have to do anything? Did this revelation cause you to stop your career and become a shut-in NEET?
>>1244608
Exactly - you literally have no choice but to invest in something. Otherwise, you're guaranteed to be financially wrecked
>>1244606
>>1244608
I invest in and advise startups. I will stop in the next couple of years before the bubble pops. They're in my opinion pump and dump schemes.
I have about 100k in S&P and FTSE but I'm cashing out of those two before the election and brexit but that's only because I have money to gamble with and I enjoy the thrill.
Remember to have fun
this whole post is cancer, fine new light or die with your old light - Winners dont fucking complain THEY WIN
>>1244818
We're gonna win so much you're gonna get sick and tired of it.
>all stock investors are professional cfas who are competing with the s&p 500 for an entire year
Holyshit make this meme stop.
>>1244602
truth is it's not random. insider trading brings big bucks and it's pretty sure bet. it's just the losers that don't have info get fucked.
>>1244602
ITT op failed level 1
>laughinggirls.jpg
