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@julie121 Good god another one 🤦 Dude, 100k in capital invested in index funds will not accumulate wealth for a standard rate taxpayer with barely any other sources of income when they spend 3k a month on rent ffs 🤦

@julie121 He can’t live in an index fund while he “builds wealth” 🤦

@julie121 He doesn’t have the capital to build wealth with something that averages single digit returns over a period of years, while his rent was the same price as a mortgage.

@theropod It reminds me of this other bloke who posted here a week ago, about how he can’t decide between using his 100k savings to fund a deposit for a house purchase or to “build wealth using index funds” 🤦 while he continued to rent.

@resjudicata The answer also is to avoid FTSE100 indexes like the plague as past lack of performance, consistently predicts present lack of performance.