this post was submitted on 09 Jul 2025
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You should have invested in the exploration of America

war and peas vomic depicting a vampire that acquired wealth by investing soon

[–] SpaceNoodle@lemmy.world 2 points 5 months ago* (last edited 5 months ago) (1 children)

Not everybody can fucking participate, Vijay.

Also, you can't do basic arithmetic.

[–] Vinny_93@lemmy.world -1 points 5 months ago (3 children)

Well based on the principle of compounding interest I think that number might be right. It really kind of depends on your returns every month.

His logic flaw here is that millions gamble on startups like that and hindsight is very much 20/20.

Buying stocks is kind of like sports betting for a different target audience this way.

[–] otacon239@lemmy.world 2 points 5 months ago (1 children)

That’s why you’re only supposed to invest in successful ideas, duh.

[–] IAmTheKernelError@piefed.social 2 points 5 months ago (1 children)

It's always a good idea, before investing in any company, to call the head office and say "I need a straight answer, so don't give me the runaround: will you fail?". If they say "no", it is a safe investment. If they say "yes", it is not quite as safe an investment but you may still want to invest.

[–] Jimbabwe@lemmy.world 2 points 5 months ago

Wow, the real investment tips are once again buried deep in the comments

[–] ryedaft@sh.itjust.works 1 points 5 months ago

There's no compounding interest here. You have to look up what the share price was every month for 28 years to find out how many shares you would buy (after trade fees) and then also keep track of share splits and dividend payments. Finally you add the total dividend with share number multiplied with current share price. I promise you that Perplexity AI didn't do a single step of this. Instead it put down something that sounds likely.

Finally you have to throw all of this away since the premise is completely flawed. It's not Jeff specifically but the fact that capital is taxed less than labour people are protesting.

[–] matlag@sh.itjust.works 0 points 5 months ago (1 children)

You're missing a non-formulated assumption that you should have diversified your investments, so it's 100$ in Amazon, and 100$ in competitor2, 3, 4,... Get to 10 and you have a good chance 1 or 2 will make it!

What? You can't afford 1000$ of risky investments per month??

[–] Willy@sh.itjust.works 0 points 4 months ago

Bezos wasn’t diversified like that though

[–] gizmonicus@sh.itjust.works 1 points 5 months ago

Yeah and if I kept investing $100 a month in the lottery it could be worth $500M today. Or it could be worthless because, as this clown already knows, no one can predict the next 30 fucking years like some clairvoyant.

OK, Biff, if you're so smart, what's the play right now? Why aren't you investigating $100 a month in a small online bookstore that will one day be a tech supergiant?