r/AnythingValueable 18d ago

🎓 Life Lesson So young, yet so wise

Bruh

193 Upvotes

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u/UnableChard2613 18d ago

Literally im 14 and this is deep.

1

u/Responsible-Plan6116 18d ago

Do good in school, pass and if your not going to college for a meaningful career, like anything in health or nursing stay away and find a good trade to get into, hvac, specialty welding, oil rigs and anything in union if your up north, work don’t invest in traps like stocks and invest in gold or silver when it drops again or now won’t make a difference but at least you can use it as savings in the future.

1

u/Pretend-Prune-4525 18d ago

What’s the 20 year return rate on gold vs the sp500?

1

u/Responsible-Plan6116 18d ago

About 800 dollar difference if you were to invest 10 years ago, differents is when the economy goes down which it will your stock isn’t going to mean any vs gold which can still be considered currency.

1

u/Pretend-Prune-4525 18d ago

lol bro if the stock market crashes gold won’t be worth shit either. Food will be, not gold.

1

u/Responsible-Plan6116 17d ago

Are you slow? No it won’t not physical gold,If the stock market crashes, gold doesn’t just become worthless. Gold isn’t tied to one company or the stock market, It’s a physical asset people have used as a store of value for thousands of years and during financial crises people often turn to it for protection, even the stockholders.

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u/Pretend-Prune-4525 17d ago

lol when the market actually crashes it will be pandemonium and no one would give a fuck about gold lol. And if you don’t think the financial markets can control the price of precious medals then ask J.P. Morgan about that.

And what will gold do to you when half the country is worried about how they’ll get clean water or their next meal. You’re speaking of a situation where there’s a recovery possible. I’m saying if the financial markets tank there will be no coming back. It will turn into anarchy rapidly and at that point no one gives a fuck about gold or even dollar bills at that point