@Boinkage - eviltoast
  • 2 Posts
  • 223 Comments
Joined 1 year ago
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Cake day: July 11th, 2023

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  • Immune to market fluctuations. Based on years working and salary so if you worked a long time then retired and lived for a long time you may get more money than if you had a bag of cash in the market. It lasts until you die and your spouse can inherit it so it provides stability for you and your partner for the rest of your lives instead of having to guess how many more years you’re going to live and dividing your savings by number of years left. Removes that stress of outliving your guess and running out of cash.









  • There are tons of mutual funds, worth doing research there. I like Vanguard Growth index fund myself.

    I think the idea that a clever young man can beat the market by making clever individual stock trades is a myth perpetuated by wall street to keep folks throwing money into the market. Casino owners want people to think that they can hit it big if they try their luck.

    If your car needed a new engine, would you do this yourself or hire a professional? If your house had a gas leak, would you fix it yourself or hire a professional? Why then would you manage your own investments if you’re not a financial advisor?

    If you’re interested in it as a hobby, put 90% of your money in a mutual fund and play slot machines with other 10%. But don’t presume that playing slot machines with 100% of your savings is a sound investment strategy.

    Trading individual stocks is free. Mutual funds have a minimum buy in. Your local high school theater is free to attend. Hamilton tickets are $500 minimum. This is because one of these things is worth attending.


  • Are you planning on day trading? Do you have access to information that other day traders do not? If not, I would put everything into a mutual fund and forget about it. Until you have more money, then I would put that money into the same mutual fund and forget about it.

    Or, try buying individual stocks for a year, and see if your layman’s picks outperformed a normal mutual fund. If you did not beat the mutual fund, then you have discovered why you should put everything in a mutual fund and forget about it.







  • People generally only keep hens when you have just a few chickens in the backyard. Roosters don’t lay eggs and they crow loudly all day, so if you’re just interested in having a few animals for eggs roosters don’t help much. Roosters can help protect the flock from predators.

    You’re probably thinking that one hen and one rooster will produce more chickens for free. You actually don’t want the eggs you’re planning on eating to be fertilized by a rooster. Fertilized eggs grow small chickens inside of them instead of just having a yolk and egg white.

    Hatching chicks from eggs is a whole process requiring different equipment and setups, so generally casual backyard chicken havers don’t mess with breeding and just buy more chickens from bigger operations when necessary.