I wouldve guessed the reverse
at 50 years old, near death, Im wilding out.
Nah you have a familly to take care of it’s not about you then anymore.
Right now you have a chance to make something for yourself, take it u know
If the opportunity cost of keeping it is too high
idk what opportunity cost is
I wouldve guessed the reverse
at 50 years old, near death, Im wilding out.
how much mcdonalds do u be eating that 50 is near death?
Nah you have a familly to take care of it’s not about you then anymore.
Right now you have a chance to make something for yourself, take it u know
fair point
how much mcdonalds do u be eating that 50 is near death?
his metabolism is too fast. it's eating him
fair point
yeah old ppl generally do fixed income, annuities (scams), life insurance (debatable), bonds, cash, less risky investments than stocks
ask chatgpt about tax loss harvesting
this looks complicated for financial novice nort
this looks complicated for financial novice nort
dw bout it it's for those who take Ls
his metabolism is too fast. it's eating him
dw bout it it's for those who take Ls
not quite known to take those!
idk what opportunity cost is
Ok if you have 100 dollars, that does nothing (techincally it goes down with inflation but lets pretend its stable) but if you invested it you could have made 300 total. Your opportunity cost is 200 dollars.
If you invest in one thing and made 100 dollars, but another thing made 1000, the opportunity cost of not making that decision is 900$.
Opportunity cost applies to time management, investing in skills, time with familly etc too, not just money.
dw bout it it's for those who take Ls
tax loss harvesting isnt necessarily a L
the market is volatile and it can be taken advantage of
saving thousands or milions billions trillions on taxes is a W
how much mcdonalds do u be eating that 50 is near death?
i think tall people die faster
Ok if you have 100 dollars, that does nothing (techincally it goes down with inflation but lets pretend its stable) but if you invested it you could have made 300 total. Your opportunity cost is 200 dollars.
If you invest in one thing and made 100 dollars, but another thing made 1000, the opportunity cost of not making that decision is 900$.
Opportunity cost applies to time management, investing in skills, time with familly etc too, not just money.
Ohh, I see.
Understanding opportunity cost and applying it to time management is one of the most important skills a human can develop. It changed my life.
u also havent tried
Wolf Blood
Ohh, I see.
Everything you do has a cost! You cant look at literal losses as just losses, every missed opportunity is a lose, in all of life.