I like many others would like to eventually retire, preferably earlier than later. Money does not make sense to me beyond paycheck pays for rent and food.
I like many others would like to eventually retire, preferably earlier than later. Money does not make sense to me beyond paycheck pays for rent and food.
Happy to help out with this comrade. In a weird way I enjoy this personal finance nonsense because it helps put on display a lot of the failings of financialized capital. What are you trying to learn? As far as retirement goes, just buy VT and chill and then retire when you can live off of 3.5-4% of your net worth a year.
Part of what screws with me is the endless non descriptive terminologies. IE I start reading and see something like "VT" and my understanding just stops. I start googling and the websites that define things often feel like microsoft documentation and only somewhat helpful.
Yeah the terminology is meant to confuse and alienate. You want to buy ETFs or Index Funds that are basically just the entire market, and maybe some bonds as you get older. That's it. Don't fuck with buying individual companies, the house always wins in the end. The best way to proceed is to just buy the entire market and relax, and don't sell when it goes down. VT is just a stock you can buy that by buying you're actually buying a very small piece of every stock in the entire world.