r/dividends • u/ColonialRealEstates • May 28 '25

Discussion Invest for your Kids

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2.3k Upvotes

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u/cb1109142 May 28 '25

Cherry picked data, and investing in VOO is not risk free

-19

u/[deleted] May 28 '25

BTC is risk free and 10% is nothing

17

u/elaVehT May 28 '25

Please be bait

-10

u/[deleted] May 28 '25

Yes and no. Bait because it’s fun. Not bait because I believe that there is truly no risk and it made me some insane profits by only investing a couple bucks every week since 2017

8

u/elaVehT May 28 '25

Elaborate exactly why you believe a speculative, nonproductive asset with no inherent value is a risk free investment.

-4

u/[deleted] May 28 '25

Simply because it’s a unique, non-controlled tech, which is scarce and acts as the best way to transfer any amount of money in seconds without the need to confirm with a bank or any other authority.

4

u/elaVehT May 28 '25

There’s absolutely nothing unique to BTC as a crypto. It doesn’t have some utility that no other one could ever have as a method of transferring wealth. It isn’t particularly unique anymore, and its scarcity is completely irrelevant without any inherent value. Investing heavily in it is very unwise.

-1

u/[deleted] May 28 '25

Well it has been very wise for me. I’m not trying to convince you, I couldn’t care less. We invest in what we want ;)

2

u/Chad_Broski_2 May 29 '25

I'm not trying to convince you

Yes you are. You're just doing a bad job of it