Dropped 100$ in doge

PJ Diaz

Well-Known Member
@PJ Diaz I'm quoting actual experts of the financial industry, and you're cherry picking historical returns data. It's not that easy.
Right, your selective and limited "quotes" provide a more encompassed picture of reality than over 40-years of stock market history. GTFO.

Besides a 5% annual return, is a return on INVESTMENTS, not savings. Duh.
 

waterproof808

Well-Known Member
even if you only got 5% annual returns in the stock market, that is still 10x better return than a high yield savings account that offer 0.50%APY at best.
 

PJ Diaz

Well-Known Member
These guys must be bias because they have the work "invest" in their company name:


Screenshot (29).png
 

ComputerSaysNo

Well-Known Member
With regards to "investing" vs "saving", before we start nit-picking here:

The meaning of the words is not clear. To me, "investing" is an active endeavour, whereas "saving" is passive.

So, if you put money aside, in whatever way, and leave it there, that's "saving". Putting money in passive securities (like index ETFs or bonds) is saving. You do not make any investment decisions.

If you invest your time in an education, or you invest your capital in an enterprise (that you then run at least to a certain extent), you're making an additional effort on top of just putting time or money aside.

"Investing in stocks" actually means "saving money and hoping for returns".

But those are just words, the meaning and intention behind it is what counts.
 

PJ Diaz

Well-Known Member
With regards to "investing" vs "saving", before we start nit-picking here:

The meaning of the words is not clear. To me, "investing" is an active endeavour, whereas "saving" is passive.

So, if you put money aside, in whatever way, and leave it there, that's "saving". Putting money in passive securities (like index ETFs or bonds) is saving. You do not make any investment decisions.

If you invest your time in an education, or you invest your capital in an enterprise (that you then run at least to a certain extent), you're making an additional effort on top of just putting time or money aside.

"Investing in stocks" actually means "saving money and hoping for returns".

But those are just words, the meaning and intention behind it is what counts.
You are grasping at straws in a desperate attempt to appear correct, however you only dig yourself deeper into a hole of ignorance in your attempt to appear somehow correct. Just give up.

Save means to set something aside in order to avoid loss.

Invest means to commit money in order to earn a financial return.

Is it possible to invest your savings? Yes, but your savings just became an investment, one which could go either up in value or also down. This is not the definition of saving.
 

waterproof808

Well-Known Member
Putting money in passive securities (like index ETFs or bonds) is saving. You do not make any investment decisions.
You would have to make the decision to INVEST your money in passive securities and you have to make the decision on which passive security you were going to invest in. Those are investment decisions.

Active investing is called "Trading."
 

ComputerSaysNo

Well-Known Member
Just give up.
No, let me try again.

Let's talk about "saving time" and "investing time".

"Saving time" means to not even use the time. Since there is no time bank, any "saved time" has to be used immediately for something else.
"Investing time" means to do something meaningful, i.e. something that gives you a benefit. The emphasis lies on "doing something".

Now with regards to money.

"Saving money" means you do not spend it. But the money is still there. You do not have to spend it immediately, but if you don't you just continue to save it. So there is now some unspent (saved) money. If you buy, say, an S&P 500 ETF with that money, you're still saving it, but you have converted it into an interest bearing security (in the broader sense of the word). It's sitting there in the form of an ETF, and you have it "work for you", as they say. Which means nothing else than hoping it will give you a return.

"Investing money" means you convert it into something tangible, that you can then work with to give you a return. For example, you invest in a company by buying machines or hiring employees. Those will then, if things go well, return a result than could be converted into money in return. Hopefully more money than you started off with.
The important thing is that you had a say in what happened after the money was spent (converted).

Putting money in real-easte that you own is more like "investing" to me, than it is "saving". Especially if you use the real estate yourself.

You can make whatever you want out of this. I'm not invested (pun intended) in winning you over. I've only spent some time (hopefully not wasted).
 

PJ Diaz

Well-Known Member
No, let me try again.

Let's talk about "saving time" and "investing time".

"Saving time" means to not even use the time. Since there is no time bank, any "saved time" has to be used immediately for something else.
"Investing time" means to do something meaningful, i.e. something that gives you a benefit. The emphasis lies on "doing something".

Now with regards to money.

"Saving money" means you do not spend it. But the money is still there. You do not have to spend it immediately, but if you don't you just continue to save it. So there is now some unspent (saved) money. If you buy, say, an S&P 500 ETF with that money, you're still saving it, but you have converted it into an interest bearing security (in the broader sense of the word). It's sitting there in the form of an ETF, and you have it "work for you", as they say. Which means nothing else than hoping it will give you a return.

"Investing money" means you convert it into something tangible, that you can then work with to give you a return. For example, you invest in a company by buying machines or hiring employees. Those will then, if things go well, return a result than could be converted into money in return. Hopefully more money than you started off with.
The important thing is that you had a say in what happened after the money was spent (converted).

Putting money in real-easte that you own is more like "investing" to me, than it is "saving". Especially if you use the real estate yourself.

You can make whatever you want out of this. I'm not invested (pun intended) in winning you over. I've only spent some time (hopefully not wasted).
You sure did spend a lot of time typing that all out for zero return on your investment. In fact I think you lost points with that obtuse post.
 

PJ Diaz

Well-Known Member
Actually I've invested time in the past in learning how to touch type. That has made the process fairly swift.

A good program that will teach you how to touch type: https://www.tipp10.com/en/
Well congratulations. Perhaps you can get a job as a receptionist some day. Typing quickly is not a sign of intelligence however. Case in point, my boss has a PhD is is one of the slowest typists I've ever seen.
 

ComputerSaysNo

Well-Known Member
Typing quickly is not a sign of intelligence however. Case in point, my boss has a PhD is is one of the slowest typists I've ever seen.
But that's the problem right here. You assumed I made a point about my intelligence by talking about my typing prowess, when in fact I was just responding to you saying "that must have taken you a long time".

And now you've got a run-on sentence to deal with, typed with prowess in MY SECOND LANGUAGE.
 

PJ Diaz

Well-Known Member
But that's the problem right here. You assumed I made a point about my intelligence by talking about my typing prowess, when in fact I was just responding to you saying "that must have taken you a long time".

And now you've got a run-on sentence to deal with, typed with prowess in MY SECOND LANGUAGE.
I didn't assume anything, I simply made an assertion.

Code:
def smart_idiot():
    """An idiot who thinks he's smart"""
    a = "an idiot "
    b = "who thinks he's smart"
    return a, b
c, d = smart_idiot()
print(f'ComputerSaysNo is {c}{d}.')
 
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