Comment on Anon becomes a shrimp farmer

• SkyezOpen@lemmy.world ⁨2⁩ ⁨months⁩ ago

  Two very big ifs, sadly.

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  • superkret@feddit.org ⁨2⁩ ⁨months⁩ 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.

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    • sugar_in_your_tea@sh.itjust.works ⁨2⁩ ⁨months⁩ 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.

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      • shortrounddev@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

        >have 200,000 >invest in stock market >many years go by >you now have 220,000

        Stock market isn’t an infinite money glitch, you have to be rich to start out with or you won’t see any meaningful return to your money until you’re 70

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