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A comment on Why do people waste so much time at work?. Parent comment

Re:Why do people waste so much time at work? by AndrewKemendo on Tuesday May 26, 2015 @09:26AM (#9604635)
Not the OP but your assumption is that 1. That "investment" mechanism will hold up forever and 2. That you don't put that money in the system at the wrong time assuming it is a random walk.
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Re:Why do people waste so much time at work? by juliangregorian on Tuesday May 26, 2015 @11:55AM (#9605608)
Well, that's pretty much how ETFs work. I don't quite understand what you mean about a random walk, though.
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Re:Why do people waste so much time at work? by AndrewKemendo on Tuesday May 26, 2015 @02:21PM (#9606581)
You're missing the point. Any investment, ETFs or otherwise, work, when the market is going up or sideways.

It falls apart if you needed money in - oh say 2008 or 2009. Or at any of the other points in time when things were shit.

It also falls apart 200 years from now - so it's not like it's a law that this is a system that will remain in place.

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Re:Why do people waste so much time at work? by juliangregorian on Tuesday May 26, 2015 @03:30PM (#9607080)
You're being rather argumentative, don't you think? Did you have something worth elaborating with the bit about the random walk? I would still be curious to know.
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Re:Why do people waste so much time at work? by AndrewKemendo on Wednesday May 27, 2015 @12:25PM (#9612456)
Oh, I just overlooked that part...not intending to be argumentative.

See: http://www.jstor.org/stable/4479810

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