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[-] superkret@feddit.org 52 points 3 weeks ago

There's multiple avenues how you can increase your wealth, if you have investment capital, and nothing goes wrong.

[-] SkyezOpen@lemmy.world 20 points 3 weeks ago
[-] superkret@feddit.org 25 points 3 weeks ago

Yeah, I also know a goat farmer in my neighborhood.
In the same 10 years, she faced an expensive lawsuit from someone who wanted her land, an epidemic that destroyed her herd, animals dying from people feeding them the wrong plants through the fence, Covid forcing her to close the farm to visitors, and other hardships.

She's barely out of the woods now, but definitely much worse off than if she had invested the money into stocks.

[-] sugar_in_your_tea@sh.itjust.works 15 points 3 weeks ago

Yup, stocks are almost zero effort and have an expected return of 10-12% long term. Everything else is a job and is dependent on how good you are at managing it.

this post was submitted on 31 Jan 2025
398 points (97.6% liked)

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