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re: 40 year mortgage gets the green light
Posted on 4/6/23 at 7:49 am to el Gaucho
Posted on 4/6/23 at 7:49 am to el Gaucho
quote:
There’s no way to get 8% average over 30 years unless you can go back in time and become a boomer. The stock market doubled every year for them in the 70s and 80s
The past 30 years are 1993 - 2022
1
Posted on 4/6/23 at 7:54 am to joshnorris14
All I’m saying is that if a boomer would’ve invested $100 into an index fund in 1960 at the start of his career he’d have 8.7 million dollars today
If a millenial invested $100 in 2005 at the start of his career, he’d have $14 now
If a millenial invested $100 in 2005 at the start of his career, he’d have $14 now
This post was edited on 4/6/23 at 7:55 am
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