[kamaal]

There was a post on r/CryptoCurrency a few days back about Fidelity, they did some analysis and figured most profitable accounts belonged to people who were dead.

People under estimate the kind of discipline it takes to both DCA and HODL things on the very long run. And it goes without saying, starting early does matter.

>>The trick with "if you live frugally and invest you'll end up with tons of money" is that unless you take risks and are lucky, "end up" is likely to come around your retirement age, when you'll have little use for "tons of money" except paying for medical bills - so you'll pass it on to the next generation, to give them a shot at the life you wanted to have.

Never understood this logic. Nobody starts ex-nihilo. Giving whatever little edge you have to your kids doesn't seem like an evil thing to me at all. The thing is it takes very little to give your kids that head start.

Or your kids have to write things like these when they reach middle age too.

And if you live long, you will just have lots to complain about your younger self.