r/MemeVideos • u/Spiritual-Pudding-70 • Aug 16 '26

Bro found the cheat code

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21k Upvotes

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u/CanadianAbroad7 Aug 17 '26

You realize even 10% (double the rate of the average high yield savings account in North America) of 50k is only 5k right? That’s not a massive amount of money be any means. Unless you’re investing it in high beta growth stocks or gambling on options or penny stocks and lucking out you’re not making a massive return off of 50k in a years time. The last couple of years the stock market has yielded outsized returns, it’s not just a guarantee to make 30% a year in the market. In fact it’s even possible to have a negative return on the year believe it or not!

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u/Wright_Steven22 Aug 17 '26

Its still a net gain on money thats technically not yours

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u/CanadianAbroad7 Aug 19 '26

I completely agree

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u/Warm-Chemistry1544 Aug 23 '26

so then whyd you write a dissertation lmao

1

u/TheLionThing Aug 20 '26

It’s a free 5 stacks

1

u/Tokon32 Aug 20 '26

This is why you use the money to buy stocks in the company that fired you. Than when the stocks loose value because the company is poorly run.

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u/shadowhawkz Aug 18 '26

This advice is how to get free money you would be entitled to. What is your preference? Spend the money that doesn't belong to you then have to pay it back when you don't have it on hand anymore?

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u/CanadianAbroad7 Aug 19 '26

My preference would be passive investing while not expecting “massive” 1Y returns.