To them they know itβs a means to generate money just like any investment, but they hate that you can see gains in 1 year that they had to wait 15 years to see from typical stock investments.
They think they had it so hard and were able to create wealth, a family, a mansion, retirement security, you name it. So they do5 quite understand why todays 20-40yr/old generate cannot do the same.
Here are a few stats since 1978:
College tuition increased by 1120%
Medical care increased by 601%
Housing costs increased by 308%
Typical workers wage rose by just 10%
Minimum wage fell by 5.5%
Avg CEO wage rose 937%
There lies the problem. It is astronomically more difficult to acquire the same standard of living as the average person did back then. No wonder more people are gravitating toward an investment class that has outperformed every other asset the past decade.
Invest for yourself to achieve your own goals and perhaps one day be financially independent and not a slave to the broken financial system we have today.
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