View Single Post
Old 05-10-2019, 03:47 PM   #2415
threezero
OMGWTFBBQ is a common word I say everyday
 
threezero's Avatar
 
Join Date: Jan 2005
Location: Vancouver
Posts: 5,185
Thanked 1,379 Times in 578 Posts
Failed 96 Times in 53 Posts
Quote:
Originally Posted by Gerbs View Post
Coworker left $60,000 USD on the exchange over a year waiting for a dip. Kinda painful cause $60,000 on index investing woulda net him a decent amount for retirement at 25.
60g in an index for a year and he can retire??? What the hell are you smoking and what index fund are you hawking.

Non of the major indice did more than 20% a year during the epic decade long bull run. If he put that money in last year at the top of the market he would of came out negative.

Even if he double his money you still can’t retire of that amount of money.

Unless you mean he meant to put 60g on bitcoin when it was in the 3 digit range
threezero is offline   Reply With Quote
This post thanked by: