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DaveJ

(5,023 posts)
1. I would rely on real money.
Sat Mar 8, 2014, 09:33 PM
Mar 2014

Unless you are into it for the social aspect of it, I'd take money more seriously. Any amount I'd put into something stable.

I wish I had been able to start saving earlier in life. Now that I am I've got the assistance of a close relative who, based on his experience, found that more conservative investments pay off better in the long run. Riskier investments may or may not pay off, and in the end might balance out to net positive, or might not, there's just no way of knowing. You might get a 10% rate of return yearly over time by following a strategy created by Morningstar or some other firm that provides analysis and in 20-30 years that becomes enormous.

So basically I think real money has matured over the course of thousands of years, whereas virtual money has no validity in my mind. It's just a trend, IMO.

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