Quote:
Originally Posted by grocerylist
Quote:
Originally Posted by PoorLurker
Seriously!
Wait 10 years so it can double five times!
Then you can have
50
100
200
400
800k! You can get a couple nice cars and a house.
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I see some of us aren't familiar with the Rule of 72. On average it would take a little over 8 years to double your money with the average return of the S&P500 over time.
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Screw the S and P that return is wack. I have 114 percent return since 2015. S and P is around 65 percent in the same period.