I've had some success in the stock market, and my portfolio is about to hit the seven figure mark. While I'm certainly grateful for this, it's also opened my eyes to how easy it is for the rich to get richer and just how far down the ladder I myself am from the truly wealthy.
If you had $10m in SPY on Jan 1, 2024, you're up a cool $1.5m on the year. Doesn't seem right to be able to make that kind of money and not do any work. What value has actually been created? To what degree is this all just fake? Feels too easy. What am I missing?
Submitted June 27, 2024 at 10:32PM by raybanshee https://ift.tt/9OSFApe
