This may sound like a simple question, but believe me, people have given me some wild answers. I'm eager to hear what stackers would do. To be absolutely clear, I'd be done working and wouldn't even consider investing.
hell yeah, I would rather have all the time to go all-in on hobbies instead. some hobbies could still bring value and even be a career but at least no pressure to monetize it, just chill and do your best.
If with buying bitcoin perhaps, but on plain euro no.. The value of euro's gonna get to the same level as the soviet union ruble on the same principles. My grandpa lost so many monis by storing them in the post after the dissolution of ussr. Same with soviet obligations.
Also I remember the lifestyle of the author of "Welcome to the N.H.K.". He have had enough monis from selling his nouvel to live the NEET degroid lifestyle. Now I don't know how he lives though..
I wrote produce, but meant provide, but it's all the same anyway...
For value to exist, there must be both producers and consumers 🤠
Agree, yes, and this is almost always the case, don't you think?
My point was that If you can afford not to work because you've won the lottery, then you are just consuming what someone else has produced, and not producing anything in return. This is not sustainable on the long run, hence the lottery curse reference: Most people who win the lottery are bankrupt after a few years. I don't remember the exact percentage, but it's shockingly high.