Young UK people are being sold a lie that they need to be investing in stocks at 22.
Stock portfolios are nearly useless to most people in their twenties because the amounts they can realistically invest are too small to matter.
£100 a month in an ISA over 5 years grows to maybe £7,000 — not life-changing money, a few months of rent.
What actually moves the needle in your twenties is increasing the salary the £100 came out of. Going from £30K to £60K in 5 years isn't unusual for somebody who deliberately invested in their skill set. That's an extra £18,000-£20,000 of after-tax income, every year, for the rest of your career.
The maths is brutal: every hour you spend optimising a small investment portfolio is an hour you didn't spend learning the skill that would double your earning capacity.
Stocks are a tool for the wealth you've already built. Skills are how you build the wealth in the first place.
Most 22-year-olds reading personal finance Twitter would be much better off ignoring it entirely for 5 years and putting that focus into becoming worth 3x more in the labour market. Compound interest on a skill compounds harder than compound interest on £100 a month.
나 아직도 샤워할 때 절대 안 빼먹는
루틴이 하나 있는데
바로 입에 물 한 모금 빵빵하게
머금고 씻는 거임.
이거 어릴 때 엄마가 전수해 준
특급 비법인데,
샤워할 때 입에 물을 머금고 있으면
찬 공기가 안 들어가서
절대 감기에 안 걸린다고 하셨거든.
그래서 나는 그 말을 철석같이 믿고,
성인이 된 지금까지도 샤워할 때마다
볼따구에 물 물고 씻었단 말임.
근데 얼마 전에 엄마가 드디어
충격적인 진실을 털어놓으심.
사실 내가 어릴 때 화장실만 들어가면
고래고래 쌩목으로 노래를 불렀는데,
그게 진짜 귀에서 피 날 정도로 더럽게
못 부르고 너무 시끄러워서...
제발 입 좀 다물게 하려고 지어낸
거짓말이었다고 함
Someone built a fitness app using the same psychological mechanics as gambling
This might work better than every normal fitness app 😭😭
You bet money on whether you’ll hit 10,000 steps today
If you fail, you lose your money
If you succeed, you split the money from everyone who didn’t
So disciplined people literally profit off lazy people
Most fitness apps try motivating you with streaks and notifications
This one motivates you with financial fear
Imagine realizing at 11:52pm you still need 1,700 more steps or you lose $30
Entire friend groups would be outside walking laps around their neighborhood before midnight trying not to lose their steppa challenge
It sounds stupid but this would probably motivate people better than any other fitness product
Would you use this yourself?
i heard someone online describing an illness they were suffering and one of the symptoms was like a brain fog where they can't think straight and any little task was too much to handle and they gave the example of having to text someone back and they described it like it was the most horrific thing possible where they had to think so much about it and it became this massive chore in their head of having to sit down and use up all their energy thinking of what to say and my immediate reaction was "is that not normal???"
gonna play the heck out of GTA 6 simply because of its status as a cultural artefact: the final big game built before LLMs
no-one will ever invest this much in a game again, no software will ever encode this quantity of hands-on human labour again. the last of the great pyramids