Poorcel seethes over landchads owning a bare few properties
https://old.reddit.com/r/AusPropertyChat/comments/1918x3p/re_investors_are_cancer_to_first_home_buyers_and
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Redditors are so economically illiterate it's absurd.
I've got a pile of money and my options to make it grow are:
A) Buy property and relax with my low risk investment, but Redditeurs will call me lazy.
B) Contribute to society by investing into some sort of vague labour intensive commune project which means I'll have to quit my job, negating the whole point of the investment to generate passive income, while also putting the initial capital at high risk but at least Redditeurs will like me.
The ignorant and the feckless are meant to fail at life.
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The whole point of investing is I get more than I put in. When I buy stocks or any other investment I'm trading capital up front for more capital later, that is multiplied by the labors of others
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Most of some are poors so have no concept of money management or are too tired working a wagie job and posting on Reddit to even consider other avenue of income diligently.
Most will buy a few shit coins (practically life savings) and cry about it when their 'investment,' fizzles out of existence in front of them and don't have the means to write it off as losses.
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In option B the government will also frick you in the butt way more often than A
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When I was researching home buying, lots of redditors said not to buy one because mowing is haaaard It actually made me mad how bad and straggy their advice was.
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