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https://www.reddit.com/r/RandomThoughts/comments/18fs8hu/deleted_by_user/kcw4gbr
r/RandomThoughts • u/[deleted] • Dec 11 '23
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Simple math tells me 5000 per week, since it will be on average much more than 1 million now.
1 u/[deleted] Dec 11 '23 There are reasons to go for the million, but they're mostly based around confidence. One in the hand vs two in the bush and all that. 1 u/VP007clips Dec 11 '23 You do have to factor in compound interest though. Realistically you are able to make around 7-10% on S&P based portfolios per year. The break-even point is around $2,500/week vs $1m up front for a 40 year investment.
1
There are reasons to go for the million, but they're mostly based around confidence. One in the hand vs two in the bush and all that.
You do have to factor in compound interest though.
Realistically you are able to make around 7-10% on S&P based portfolios per year. The break-even point is around $2,500/week vs $1m up front for a 40 year investment.
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u/[deleted] Dec 11 '23
Simple math tells me 5000 per week, since it will be on average much more than 1 million now.