>>20175918>>20175921How much do you save every month anon? If you're not comfortable sharing the number in dollars, say it in percentage terms. Saving is the key to wealth, it's the baseline for your investments. I save about €800 every month from my basic ~€2k pay, not much I know. I started investing in stocks from basically zero, my first investment in stocks was at the time a fairly daring €500 for the me at the time. I was 22. Now three and a half years later my portfolio is worth north of €55k. All in stocks, nothing more complicated than that. Most of that money is from savings from my nine to five job, though I've already made about €10k or so from stocks. And the gains are starting to get bigger. I tried gambling with shitcos and options and quickly came to the same conclusion you will hopefully get into with your lottery ticket "coins", that gambling doesn't pay and the house always wins, I managed to lose thousands with that greedy degeneracy. I have a much better track record with real investments. Oh and I also have accumulated like €10k in gold on top as prudent long term savings.
I could do much better if I had a high paying job or a business, and I am considering options in that regard as well. But even with a basic €2k/month job, high taxes and high living expenses I have been able to accumulate wealth. As I said it's all about compounding and time but if you don't have the patience and the discipline then you deserve to get rugpulled by your get rich quick schemes and lottery tickets. Don't get swept up in the "retire by 30" memes. Save, invest, build wealth, be prudent. There is no shortcut to wealth. Even Benjamin Franklin knew this!
