zlacker

These people are "undisciplined" because they have no idea how profitable investing is. Neither do educators (pensioned) and a lot of people have an ingrained misconception that you are going to lose money "in the stock market."

They hear of possible returns like 10-15% and shrug and look at bear markets as harmful to their wealth.

Really an education issue but it is complicated. Stuffing money in a mutual fund is risky and also not an option if you are behind. A lot of people are behind.

>>datavi+(OP)
A lot of people will basically say maybe next year but I'm totally strapped right now. Perhaps after I've paid off my credit card--and in that respect they're likely not even wrong.

>>datavi+(OP)
It is difficult to be "disciplined" when you are trying to afford the rising costs of rent, car payments, childcare, and food. A majority of people live pay cheque to pay cheque, and are lucky to save a few thousand dollars.