And be sure to drink your Ovaltine.Your point after all this was that “investing your money is good”?We have a winner (I removed the complication, sorry). Also, it was only $5k per year contributions, but hey you are on the right track.What I noticed with this chart were two things,
1) There are noticeable bumps in the chart with the initial $10k per year contributions, up until $100k is reached. After that, the annual contributions barely make any noticeable impact on the growth chart.
The takeaways from this chart is to be diligent about making those annual contributions for the first decade of investing, the first $100k is the hardest. After that the markets takeover, your own contributions don't really matter.
Bottom line?
Understand what lakpr posted and,
Educate the youth to invest early and often.
https://www.youtube.com/watch?v=zdA__2tKoIU
Statistics: Posted by happyisland — Wed Jan 17, 2024 6:14 am — Replies 47 — Views 1642