You can’t call the bank and say:
“I’d like to borrow $240,000 to invest in the S&P 500.”
They’ll laugh at you.
Ask for $240,000 to buy a rental property and they’ll hand it to you.
The bank has been telling you which asset they trust more for 100 years.
Whatever you think your close circle of friends is, it’s probably a lot smaller than that. And it’s not a bad thing. Have a lot of gratitude and appreciation for the ones who make it through to the late 20’s & 30’s.
Luxuries we forget that are luxuries:
1. Parents still alive
2. Hot water
3. Bills paid
4. Good food
5. Perfect weather days
6. Peace of mind & heart
7. Feeling healthy
8. Reliable transportation
9. Roof over your head
What else would you add?
@DschlopesIsBack As a gambler, this is just revenge for all the lost dollars at the casino. Clear as day the casino paid out the media to quiet and turn it into a conspiracy
If you're under 25 and not completely broke, you're doing it wrong.
Your 20s are for making catastrophically stupid decisions, not building a LinkedIn portfolio.
I see 22 year olds talking about risk management and building generational wealth while living in their childhood bedroom posting TikToks about their morning routine.
Brother, you should be spending every dollar you make on experiences that will probably traumatize you.
Travel somewhere dangerous. Date someone completely wrong for you. Start a business that will definitely fail. Get your heart broken in a foreign country.
You're 23. Your biggest risk should be "will I survive this weekend" not "how do I optimize my retirement accounts."
The guys I know who are actually killing it now? They were absolute disasters in their early 20s. Sleeping on couches. Eating ramen. Making terrible decisions that taught them everything.
Meanwhile, the "responsible" ones with five year plans and emergency funds?
Most of them are still living those same safe, boring lives 10 years later.
Look, if you're naturally cautious or grinding to support family, I get it. Do what you gotta do.
But if you're playing it safe because you're scared? That's different.
You can be responsible once you accumulate experiences and learn how to bet on yourself.
Right now? Your job is to collect stories that will make your future wife shake her head and laugh.