[vbtemp]

> They have no inclination to.

One shtick I have is the "Young person, why don't you have a brokerage account"?

I know so many people, who are not so young any more, who are professionals and with solid salaries, who will do things like have credit cards, have cars they finance, a coinbase account, maybe a robinhood account, certainly a facebook and instagram account.... but no Schwab, Vanguard, or other basic Individual brokerage account.

They have the income and technical know-how to make complicated online accounts and make use of financial services.. but even though it takes ten minutes to make a Vanguard account, and 2 business days to credit it and buy boring index funds... so few people who can (ie have money and knowledge), actually do... or even have much interest. It's sad and fascinating at the same time.

[nine_zeros]

I understand their perspective though. Some of them are very driven people. They are just not interested or oblivious to the power of wealth.

Some of them only care about career ladder. They must climb and optimize for that. Others care only about fame. Some clamor for benefit of their children.

It's true money can bring a lot of freedom. But to many people, it is not the be all end all.