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this post was submitted on 10 Dec 2024
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I was lucky to have money to invest at the right time when the markets crashed in 2008 and 2020, when stocks could be had at a 90% discount. As a result I was able to pay off my student loans and put a down payment on my residence with the profits, just by being willing to wait a few years for the market to recover.
I do not fall into many of the same traps most other people do.
Any interesting example that someone close to you did fall to one of those trap?
Other than randomly being born in a western democracy ranking high on living standard, happiness etc.
I was a good boy and put in the effort in school. I get paid accordingly and have a relatively stress free job.