LogFAQs > #928710494

scar the 1 posted...

OnWingsOfMisery posted...

So assuming then that you invest $1,095,000 a year and earn 12% you would be a billionaire in a single working lifetime of 41 years. Faster if you invest into new businesses that earn considerably more than 12% a year.

We can also include vacation days and this still checks out.

So, essentially "if you make $3000 per day you would become a billionaire super fast, supposing that you make more than $3000 per day"

Essentially I'm just showing you that you were wrong. Your argument is mathematically incorrect.

No one who is building wealth simply takes their money and puts it under their mattress. It would be childish to assume that. None of the billionaires did that. They built platforms that enable countless other products and services to be sold.