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9858540 No.9858540 [Reply] [Original]

I’m putting $3,500 a month into an S&P500 ETF. I am 28. Is this enough to retire on?

>> No.9858861

Bump

>> No.9858878

yes, you only need 10k

>> No.9858882

>>9858540
yes

>> No.9858891

>>9858861
good luck getting dumped on worthless stock by Facebok Amazon Netflix Google
https://www.zerohedge.com/news/2018-06-12/fang-insiders-selling-their-stocks-faster-any-time-history

>> No.9858924

>>9858891
>zerohedge
Kek. It’s the huffpo of investing.

>> No.9858974

>>9858924
>>9858891
Zerohedge is unironically Russian psyops.

>> No.9859056

>>9858540

>buying in at the peak as the most expensive bull market is ready to 2008 itself with rising interest rates and the Federal Reserve reducing its balance sheet

Really bad idea to hold long. Most of your time you will simply be holding to get back to zero net change, and that will be another 10 years

>> No.9859081

>>9859056
Let me guess, you think crypto is a smart “investment”.

>> No.9859150

>>9859081

No LOL Crypto is meme-tier autism and speculation. Either stay in cash, gold, or short the market

>> No.9859153

>>9859056
We’re the verge of actually technological adnvsncements in worker productivity, as opposed to just squeezing manhours out per-employee. You’re retarded if you think we’re headed towards a flat decade.

>> No.9859182

>>9859153

>He thinks the markets aren't just manipulated by the Fed which promised the party to be over this year basically and are an accurate representation of the economy

Bless your heart, friend

>> No.9859204

>>9859150
Faggot ass dumb commie
fuck off

dont listen to domsday fags like this

>> No.9859213

>>9859182
Then that’s already priced into the market.

Your entire investing strategy is “da joos “

>> No.9859235
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9859235

>>9859204
>>9859213


Ummmm, no, sweetie :))
Enjoy holding the bags on the way down <333

>> No.9859237

>>9858540
I'd spread it more, at least 50% MSCI World. Otherwise if the US economy does crash you're fucked front AND back.

>> No.9859278

>>9858540
spread a little towards europe, china and india etf's to hedge.

>> No.9859283

if you can afford to put 3.5k into an investment every month, then it sounds to me that you already have made it as you have no financial troubles

you are just being greedy now

>> No.9859294

>>9859283
This

OP is a faggot

>> No.9859302

>>9859235
how do they know who "smart money" is?

do they just compile the public declarations when venture and big investors sell large chunks of stock?

>> No.9859309

>>9859278

>Europe
>Emerging Markets
>t. brainless

>> No.9859329

>>9858540
Where do you get 875$ a week to put into investments?

>> No.9859354

>>9859309
it's not an emerging market and i didn't say it was. it's simply there to reduce your exposure to only US markets.

>> No.9859361

>>9859302
they declare themselves smart
they bail
they declare smart money bailed

>> No.9859989

>>9859329
My paycheck.

>> No.9860032

>>9858540
>I’m putting $3,500 a month into an S&P500 ETF. I am 28. Is this enough to retire on?
kekkkkkkkk

>> No.9860115
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9860115

>>9859283
>exrcises low time preference by putting off immediate consumption to secure his future
>greedy

ask me how I know you are a leftist retard

>> No.9860237

>>9859150
>>9859182


>says to stay out of market
>suggests gold

Only a fucking retard would actually take the gold meme seriously. Its only shilled so hard because fags like Mike Maloney, Robert Kyosaki and Peter Schiff know they can manipulate dipshit libertarians into buying it with "muh fed" meme.

If you did any type of fucking research or had an ounce of investing acumen in your body you'd see that its so heavily manipulated by the paper market that the price is artificially propped up. If there were actually any money to be made in precious metals then that's what the market would be investing in. Instead its just made up of boomers, snake-oil salesman and conspiracy theory mongs whose whole life consists of being contrarian.


>he fell for the jewish conspiracy meme

>> No.9860332

>>9860115
well that and 3500/month after taxes means you're salaried above 50-60k
assuming he pays for literally any expenses at all and it's likely he's at the 100k/yr salary level

>> No.9860345

>>9858540
Not when the stock market crashes in the next 24 months

>> No.9860987

>>9858540
yes