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Personal Investments • Accruing Significant Wealth from Modest Beginnings?

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When you were allocating 10% and 20% of your first salary to invest in index funds, how certain were you that you would be able to retire in 20 years and become a significant asset in 30 years? I'm 40 and currently in the process of saving money, and I'd like to hear from you about your real experiences of accumulating substantial wealth with a small initial investment.
…began in 1990. All index funds. Nearly 3 mil now.

Yes…slow, boring, like watching a turtle eating an elephant.

…set it and forget it.

How certain was I???

Not at all. But I know lots of broke old people who never risked anything and are driving UBERS to eat.

Statistics: Posted by Tundrama — Wed May 01, 2024 7:57 am — Replies 81 — Views 5740



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