LoneWonderer

Of course it's still worth it. This year I finished a degree in sustainable use and management of the environment. 4 people in my class graduated beetween the ages of 30-35 and one person was 40. No probs.

So let's say that I decide to make an initial investment of 500€ into the S&P500 which has had a historical anual return rate of about 6-10% and every month I add another 500€ of savings to this index fund. After 40 years my compound intrest would make me close to 1 million dollars. I asked chatgpt and this is the answer it gave me: If you start off by investing 500€ and invest another 500€ monthly for 40 years at a 6% compound interest, you will have 1,006,202.82€ in 40 years. Is my math correct? Could it really be that easy? What am I missing. Would you recommend this if it was the only investment I made? Thank you.

Thank you all for your perspectives

I don't fully understand how giving returns and I feel it may be holding me back. Explain if you can for example why do really rich people (and not so rich) give away large portions of money and like a law of the universe or something they recieve. Help me understand because honestly I'm quite a selfish person who only cares about myself 99.8% of the time but want to change.

THIS is great ???. Justice for pete! ✊

@Schizophonia Holy Shit nice point. Never really thought of it that way. You're right that I don't love them truly so yes, it feels forced. However I still want to make an effort to improve to just be a kinder more loving person. Is there really downsides to trying to improve this capacity of becoming a more giving individual?

With my family as an example. All I do is ask and recieve yet never give in return. Even simple things like wishing people close to me happy birthday I don't do it. There's no good reason why I shouldn't at least wish people close to me happy birthday and make them feel that I care. And I should return the kindness of others when they make small sacrifices for me but most of the time I don't because it's just easier to not give back. This is the dynamic I must change.

@Schizophonia Yes I can see this to be the case. But I can see how my very selfish nature makes me miserable. If it is for my benefit and can help my mental well-being why not try it out?

@Salvijus that is a good way to put it thanks. So I should give even when I have little to nothing?

Oh ok ?

@NilsiDo you think it still better than a traditional savings account? I'm trying a very risk free way to make money. I feel It's still better than a traditional savings account where you get 1% if you're lucky. If on top of the investing you are paying 10% into a savings account the 1 million is just a bonus to a retirement fund you also paid into for 40 years. Let's be realistic though, most people including me don't have the financial knowledge to make a million in 4 years and quite frankly it is extremely rare even for very experienced investors with many years of experience to do what you describe. I and most people will not take that kind of risk with our money.

What ever happened to prettyIndia? She had probably more post than any member? Anyone know?

@Leo Gura Not for us Russians it's not ??? the mean age for men to die is is their 60s. I dont know if that's genetetics or the abuse of alcohol.

@Leo Gura ???

Just wanted to know if maybe you would ever consider living in Africa or India for example?

You never see a fat guy in the third world. Your latest post about deadliest roads is a prime example. To anyone still in doubt watch all the episodes of deadliest roads on youtube where they travel to third world countries. The people there are all fit AF and you don't see a single overweight person. Being overweight is a luxury.

@Leo Gura I know this may be a shitty question to ask of you but with your health conditions Leo how long do you expect to live? Could reaching a normal age of 80-100 be in the card stack?

So I am going to describe a problem that has been plaging me most of my life and I'm just looking for any insight into the situation. So I have a lot of problems connecting with other people. I really dislike conversations with others, and always try to avoid long conversations with people as I get bored really quickly. I never really liked talking with strangers but the more I avoid having conversations with people the worse my capacities to interact with others become and every year it becomes worse. Truly I've always disliked having conversations with others and get bored very quickly. However I do have a few friends and I can talk and listen to them for hours on end or even podcasts and YouTube videos I spend hours engaged in conversations online beetween two people talking about a topic, but the second it comes to anyone outside of my small circle and in the real world I can't stand it. The result is that I'm extremely disconnected from people day to day and have trouble communicating. At the same time I really don't want to talk with people but feel lonely and disconnected so it's like I'm stuck. I'm not loving and caring with others and interactions with strangers are robotic and monotonous. I experience day to day interactions with others as mechanical towards an end goal rather than feeling connected. Any thoughts? Anyone else stuck in a similar situation. Thank you

@k-ahmadzadeh @Buck Edwards Thank you both for your kind words and advice ?

@k-ahmadzadeh I've done a 3 month volunteering last year where I had to co-live with 4 random people in a small house. I did that to try to break the bad cycle. I managed fine and became used to it. For the past 2 years I'd also been living with roommates and conversation was not a problem. This summer I've been living and working with an old couple from Norway for 2 months and also had no problem. I did all these this on purpose to target the problem. If I force myself I have no problems but still it doesn't feel natural, tires me out and my want to interact with people is still non existent. I've tried to make it better but it doesn't seem to change the fact that, I can do it, but hate it.

@Harsh Bagdia My main man you glowing in those photos! Congrats on quitting smoking! ?

@k-ahmadzadeh Thank you for your reply. 0% joy and pleasure for me interacting with others unfortunately. I do enjoy having deep conversations with my few friends though.

I also forgot to mention that interactions with others have also always been exhausting for me. Since they never came naturally even short conversitions tire me out.

@RawJudah My idea is to actually make it my new home but we'll see. I'm originally from Spain but want to experience and live more of the world. Never been in Oceania or Asia (relatively cheap flights from new Zealand to crazy places like New Caledonia, the cook islands and tasmania) and this gives me the opportunity to experience all that. Travelling can be a great way to break boundaries. Just be open to the experience.

My main man I'm also moving to NZ in a month to start working on wetland restoration! How cool and hope you enjoy yourself! ?