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Compounding as a way of building wealth and value

3 pointsby lamuswawirover 1 year ago

3 comments

syndicatedjellyover 1 year ago
Yeah the problem is there is no single investment that will happily grow 40% a year and reward you for doing nothing. At that rate of risk, expect any of a number of things to happen before Year 42:<p>- You get scammed&#x2F;cheated<p>- Company goes bankrupt<p>- Fund goes bankrupt&#x2F;fails<p>- The currency one invested in fails to keep up<p>- You need the money (life isn&#x27;t perfect, and a few million dollars at year 20 can solve a lot of problems)<p>- You stop being greedy and are happy with the cumulative returns
mlhpdxover 1 year ago
I recall the expected rate of return on investments (measured over decades) to be closer to 5% than 40%. Nonetheless, compounding does work - it just takes a little more capital and a little longer.
liqudityover 1 year ago
If someone can tell me how to make 40% annually consistently for 42 years, I&#x27;m happy to put in $1k and wait