The problem is people want short term investing strategies too. We don’t want to all be 65 to do something with our money.
I will not buy a house at 65, I’m sorry I won’t. You don’t have a plan for me. So I will look to other strategies.
Option wheeling strategies with modest amounts of capital (50-100k) to generate 1-4K a month.
Wheeling is considered the most primitive strategy. There are others, along with your standard buying of leaps or general growth minded investments. There seems to be more to this than dumping it all in a 401k until you die.
But the numbers clearly show the long hold strategy as in the article is the smart, reliable play, one that can be done simply by contributing small amounts each month.
The numbers in the bank account work out, but I’m less convinced that it remains as simple when you add the existential variable into the question.
[0] Spending money
[1] Things like focusing on your kids and inheritance help subvert this a bit.
Why can't we all try to play with money the same way these people do?
You absolutely can. You can also try to play chess against Stockfish after reading a few Reddit forums about chess and practicing in your spare time a few days a week.
Adjust your expectations accordingly.
Kidding, but there’s a real value in letting other people explain their mistakes to you in a way that helps you skip those mistakes, and I see a lot of that here.
The first and last lesson in investing is DON'T LOSE MONEY.
Sadly, many have to learn firsthand that markets don't grow to the sky forever.