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    Financial Independence Daily FI discussion thread - April 07, 2020

    Financial Independence Daily FI discussion thread - April 07, 2020


    Daily FI discussion thread - April 07, 2020

    Posted: 07 Apr 2020 01:08 AM PDT

    Please use this thread to have discussions which you don't feel warrant a new post to the sub. While the Rules for posting questions on the basics of personal finance/investing topics are relaxed a little bit here, the rules against memes/spam/self-promotion/excessive rudeness/politics still apply!

    Have a look at the FAQ for this subreddit before posting to see if your question is frequently asked.

    Since this post does tend to get busy, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts.

    submitted by /u/AutoModerator
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    Mod approved/r/FI contest: Guess what the S&P500 will close at on December 31st, 2020.

    Posted: 07 Apr 2020 09:42 AM PDT

    Alright mangs!

    I have explicit permission of the mods to run this contest.

    In the spirit of the Bogleheads contest, and in light of the extreme market volatility we are seeing this year, I thought it would be useful to hold a contest of our own. This is to demonstrate the fallacy of market timing and forecasting So:

    In a comment below, submit your guess as to what the S&P500 will close at on December 31st, 2020

    The winner (i.e. who guesses the closest) will get reddit gold, a youtube video of me reading out your name and calling you a mang, and other possible prizes.

    Lets have fun and see to gets the closest!

    Edit: Aannnd I missed a space between "approved and "/r/FI" in the title like a total choad.

    submitted by /u/OracleDBA
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    What event convinced your to pursue FI?

    Posted: 07 Apr 2020 02:15 PM PDT

    • Was it an "a-ha" moment?
    • A dramatic event?
    • Or something else?
    submitted by /u/StraightUpScotch
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