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

BombOmOm@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

The basic investing advice is put money into index funds every paycheck and don’t sell them for 30 years. Every dollar put in doubles every 8-10 years. Compounding returns are damn strong.

Investing money generates more production and profits, it is very much so not a zero-sum game. There is good reason the average standard of living has increased dramatically over history, and it has increased faster in modern economies with strong monetary availability and movement, something investing directly contributes to.

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