Generational wealth difference is out of proportion

Hi all

This post is not meant to attack our parents or grandparents, most of them did work hard and some were able to build up wealth deservingly.

What pisses me off is that the younger generation can try to work as hard as they want, they will not be able to build up wealth as the previous generations.

It used to be normal to work your full time hours on your minimum wage jobs (or higher if lucky) save up some money to make a downpayment for a house and pay off your house in a reasonable time frame.

Nowadays, you need to earn 5x the minimum wage and have a lifetime partner who earns as much as you to be able to settle somewhere.

Rental prices are ridiculous high, buying prices of properties are even more ridiculous.

Given that the traditional approach to making money and growing your wealth is no longer working, why is anyone surprised that we take the risk and invest our money in MaGiC InTeRnEt MoNeY?

Stay invested and always keep your eyes open for new opportunities! LFG!