TheImpressiveX@lemm.ee to

No Stupid Questions@lemmy.worldEnglish · 2 days ago

If investing in the S&P 500 is such a surefire way to make money, then why isn't everyone doing it?

131

If investing in the S&P 500 is such a surefire way to make money, then why isn't everyone doing it?

TheImpressiveX@lemm.ee to

No Stupid Questions@lemmy.worldEnglish · 2 days ago

And if I’m wrong and everyone is actually doing it, how is it sustainable in the long run? I mean, we can’t all be millionaires.

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1 day ago
So half of US households have less than 200k to their name lol

Ie half the country got nothing in practice.

200k wont save you from a catastrophic health event. Your family is BKed

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