Sometimes Being an Adult Sucks (kinda gaming related, all finances)

[vlad321]

Khuutra said:

vlad321 said:
I never understood this. I once asked some co-workers "why do you invest?" and then they said "o make more money from the investments." Then I asked, "so what do you do with that money?" and they just said "invest it again for more money."

Let me tell you, they were a smart bunch with masters and PhDs all. They also had unpaid houses, cars, however not that much debt outside of that. That said, money is not for investing and saving. Once you have that cushion for the 7 year WTF moment (statistically something horrible will happen to every 7 years that will require a bunch of money to be used up), the rest should be your spending money.

Nah, you don't understand

The idea is that I want to be able to build up my stocks until dividend payments will be able to match my current quality of life, and then I will stop working.

I invest money so I can retire someday. So I can sit around and read books and go on vacation and play video games and go to the gym while all of my bills are just taken care of.

I had this in an edit but you ebat me to it so I'll jsut say it here:

The way I ensured some safty, and my retirement, is by putting $50 a month at a very young age in a mutual fund, the ones with very low returns but that skyrocket exponentially with time. Other than that, I have enjoyed my life by going abroad to interesting places almost every year (this year is the first in a long long time where I am stuck in the US for the whole year) and what else I have goes to making my domestic life more fun. My account is also happily growing and at around 35 I might even stop putting new money in it since it just won't matter.

I don't know how i is for a later age, but just throw small amounts of money in there, but do it religiously, and you should be fine. By the way, the lipstick industry is the most stable industry and is literally depression-proof.