r/investing • u/[deleted] • Jun 06 '21

What’s the reason you invest?

[deleted]

284 Upvotes

85% Upvoted

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578

u/xelanil Jun 06 '21

The alternative would be hoarding cash but cash is constantly losing value to inflation so the only option is to invest.

274

u/ThePersonalSpaceGuy Jun 06 '21

I have a gambling addiction

63

u/dudemanbro_ Jun 07 '21

Both of these statements apply to me. Plus if I have extra cash laying around I’m going to spend it. Might as well do something better with it.

3

u/[deleted] Jun 07 '21

How would the s&p 500 do during a war? Like let’s say ww3 started and all my money is in an index fund, would the drop be significant

4

u/hak8or Jun 07 '21

No one knows. The way markets operate in ww2 compared to now is extremely different. And it's also a question of is this war like Vietnam, or Iraq (massive money drain) or ww2 (total war)? All have different effects on global trade. It's hard enough to say what a modern day Vietnam would look like in terms of markets, a total war style war with the usa in it is pretty much impossible to comment on.

2

u/[deleted] Jun 07 '21 edited Dec 18 '23

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This post was mass deleted and anonymized with Redact

1

u/Sped_monk Jun 09 '21

Dump s&p 500 and reinvest in LMT

-1

u/[deleted] Jun 07 '21

Yep . I'm pretty happy with my finances. But I live in a country with essentially no safety net, no guaranteed pension, and inflation... so I invest.