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Comment by KGIII

Yup. The highest voted comment is even nearly verbatim.

What I will say is that it has become trivially easy to increase my wealth since selling my company. I've been retired for ten years and make more than I ever did, largely by doing nothing. I don't even manage most of my own finances.

It's kind of rigged. On a whim, I bought $20k worth of Tesla at $24 - because I could afford to risk the money. It was an impulse buy with my only research being reading a bunch of forum posts.

Most people can't risk that, even if they could technically spend that. The list goes on.

It's not 'fair' and very different than what I was used to.

parent KGIII 9 years ago

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