Quote:
Originally Posted by eric2381
We should never ever ever EVER think of our investing money as “play money”. The whole idea is to grow and compound your money over time. “It’s only $1000”. Compounded over 50 years at 10%, that’s $117,391. “Play money”
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You do you. I’ve always had play money. Takes the edge off. Like most folks.
Considering you mention 50 years, I assume your very young.
My play money calculated buy and result at 30 yrs old put a healthy down payment on my house and my financial discipline had me pay off my house in 9 years.
I never say Never or ever, ever, or ever.
But I do agree with drewski on his post. But I don’t think many people bet the farm on bitcoin unless it was already profit.
My opinion of course.