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BignutzisBack 02/18/24 12:34:02 PM #1: |
You don't have to put another dollar in to achieve this
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DarthAragorn 02/18/24 12:37:42 PM #2: |
Wow that's so easy why doesn't literally everyone do this?!?!?
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sutree 02/18/24 12:38:16 PM #3: |
Doubtful, especially when correcting for inflation.
--- I don't imagine either of you ladies has read Boethius ... Copied to Clipboard!
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Tenlaar 02/18/24 12:38:36 PM #4: |
Can I borrow 90k, TC? ... Copied to Clipboard!
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Freddie_Mercury 02/18/24 12:39:14 PM #5: |
I'm not making it to 65
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KainWind 02/18/24 12:40:00 PM #6: |
I don't know what that is
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BignutzisBack 02/18/24 12:41:22 PM #7: |
sutree posted...
Doubtful, especially when correcting for inflation. You will hit a million dollars if you calculate yearly average stock market return, but inflation as you mentioned will make that million dollars not look anywhere near as impressive as it would today. --- http://i.imgur.com/plA0Vg9.gif https://media.giphy.com/media/dgK22exekwOLm/giphy.gif ... Copied to Clipboard!
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VideoboysaysCube 02/18/24 12:42:31 PM #8: |
With my luck, we'll suffer another great depression as soon as I hit 64.
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WingsOfGood 02/18/24 12:43:37 PM #9: |
If you bought 100k house before 2020 before age 40 you would have million in equity by 65 ... Copied to Clipboard!
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sutree 02/18/24 12:47:08 PM #11: |
BignutzisBack posted...
You will hit a million dollars if you calculate yearly average stock market return You would have to assume future returns will be as high as historical returns, which many don't think will be the case. And even if returns are as high, if you correct for inflation you still won't hit a million. --- I don't imagine either of you ladies has read Boethius ... Copied to Clipboard!
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ScazarMeltex 02/18/24 12:52:34 PM #12: |
Jokes on you, the longest any man has lived on my dad's side of the family in 3 generations is 65 so I probably won't even make it that long.
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Kuuko 02/18/24 12:52:35 PM #13: |
The standard estimate for the S&P500 yearly growth is usually around 7-8% including inflation. It's higher, usually estimated between 10-12%, if you don't count inflation. So this is true. Don't discount the power of compound growth.
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BignutzisBack 02/18/24 1:11:21 PM #14: |
Kuuko posted...
The standard estimate for the S&P500 yearly growth is usually around 7-8% including inflation. It's higher, usually estimated between 10-12%, if you don't count inflation. So this is true. Don't discount the power of compound growth. Yes sir! Compound interest is a beautiful thing --- http://i.imgur.com/plA0Vg9.gif https://media.giphy.com/media/dgK22exekwOLm/giphy.gif ... Copied to Clipboard!
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Hexenherz 02/18/24 1:12:10 PM #15: |
I was looking at this one investment I have, running the numbers if I sold off everything else and put all my savings and investment money in there I'd be pulling $1k in dividends a month >_>
But lol that risk. Also got my first interest payout after putting my savings into a HYSA - got over $100 which is more than I got over a whole 12 month period in the previous account why was I so dumb. --- RS3: UltimaSuende https://letterboxd.com/BMovieBro/ ... Copied to Clipboard!
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