- Joined
- Jun 22, 2018
- Messages
- 389
Rep Bank
$3,078
$3,078
User Power: 352%
So after building a business that makes 50k in gross revenue on average a month (last month 10-20k more), I decided to put around 100k in the stock market.
Almost a month later, after realizing how slow this money will grow, I cannot but feel this whole thing is a "scam". Or said better, my business makes so much more money than the stock market ever will even if I keep the money invested for 50 years.
I can't believe this is the path most people use to make money, it sounds like horseshit to me. I can understand if you had 10 million and parked 1 million, but for anything below that, it just will not work. It can't. I've read this in MJ's books previously but didn't truly realize until now.
I'm 24 and I'd rather buy a supercar at this point with half of that money, instead of seeing it grow at 4% every year. Not sure why I think this way but the thought of even being alive at 60 years old is not appealing to me. In fact getting older is what I fear the most. Maybe I think this way because I can make that same money back in 3 months, so why make it illiquid and put them in the stock market? I might as well buy some things with them and enjoy life?
I think my beliefs got shaped by the reddit crowd of FIRE where they say you must be frugal and say bye bye to enjoying life while you're young. What I seem to forget is these people work at 9-5 jobs for 3k a month so their advice can't really apply to my level of earnings.
My main objective of parking money was to live off my investments, but figured out I need way more than 100k to be able to do that, hence, again, the realization that this whole "stock market" worshipping from the FIRE crowds is irrational, because the returns are so small that it's definitely not how people get rich young. My beliefs crashed again.
Almost a month later, after realizing how slow this money will grow, I cannot but feel this whole thing is a "scam". Or said better, my business makes so much more money than the stock market ever will even if I keep the money invested for 50 years.
I can't believe this is the path most people use to make money, it sounds like horseshit to me. I can understand if you had 10 million and parked 1 million, but for anything below that, it just will not work. It can't. I've read this in MJ's books previously but didn't truly realize until now.
I'm 24 and I'd rather buy a supercar at this point with half of that money, instead of seeing it grow at 4% every year. Not sure why I think this way but the thought of even being alive at 60 years old is not appealing to me. In fact getting older is what I fear the most. Maybe I think this way because I can make that same money back in 3 months, so why make it illiquid and put them in the stock market? I might as well buy some things with them and enjoy life?
I think my beliefs got shaped by the reddit crowd of FIRE where they say you must be frugal and say bye bye to enjoying life while you're young. What I seem to forget is these people work at 9-5 jobs for 3k a month so their advice can't really apply to my level of earnings.
My main objective of parking money was to live off my investments, but figured out I need way more than 100k to be able to do that, hence, again, the realization that this whole "stock market" worshipping from the FIRE crowds is irrational, because the returns are so small that it's definitely not how people get rich young. My beliefs crashed again.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Last edited:
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

