Interesting point:
However, many people (especially these days) are looking for the short win, because the are seeing it from the perspective of their own mortality, which is an unknown quantity, but our psychology tells us to "live now" rather than invest for tomorrow. Life is not guaranteed tomorrow - and neither is death.
I understand the US Marines for their YOLO creed: You only live once, because they are the tip of the spear in any military engagement, thus expect to take heavy losses.
But for the average person looking for short term gains at the expense of longterm passive income, Yolo creed is statistically incorrect.
The majority of us will live a longtime. While some of us will die, become disabled or simply disappear, the majority of us will continue to exist. And for that we need longterm investments, as part of our longterm planning. Where will we live, how will we eat, how will we afford medicines...etc
The realities of adulthood or as my son says "adulting" are boring and mundane in some ways, but excitement should come from elective pursuits like hiking, surfing, or sky diving, not from your finances LOL
:)
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