But have we learned from our mistakes? No.

AI will never surprise you.

I worked in customer service a long time. No one was trained on how to be law enforcement and no one was paid enough to be entrusted with public safety beyond the common sense everyday people have about these things. I reported every instance of child abuse I’ve seen, and that’s maybe 4 times in two decades. I have no problem with training and reporting, but you have to accept that the service staff aren’t going to police hotels.

I’ve bought so many minature items of typical things from them…

I have nothing against people investing, it’s just not accurate to think the average person can invest and get somewhere with it, back in the 70s or earlier Warren Buffett said you needed to have around $300,000 invested to make any kind of reasonable gain, adjusting for inflation $300k in 1970 dollars is $2.5 million. When you’re below that threshold your not really getting returns you can do something with. It’s fine to invest less, it’s fine to invest aggressively even if you are poor, just don’t look at people with less than $2.5mil like their dumb for not investing more. It doesn’t work that way.

No, the problem is that 20% growth of $2000 gives you a gain of $400. 20% growth of $10,000 gives you a gain of $2000. An average Americans entire yearly income is $70,000, it’s 20% growth is $14,000.

Edit: this is all in terms of a full year of investing.

But 20% isn’t happening every year, you are more likely to average 10%. Some years can be single digit, some can be negative, the point is this, you must begin with a very large amount of money to get real money out of the stock market. Even solidly middle class incomes aren’t going to be able to save up a years worth pay in only a few years, it would take many years, often enough to ensure the money will never be realized by anyone but by your children or grand children

You also need a ton of money to invest or you’re just getting pocket change.