alphacyberranger@sh.itjust.works to LinkedinLunatics@sh.itjust.worksEnglish · 7 months agoIf you don’t want to be poor you should simply become richsh.itjust.worksimagemessage-square5linkfedilinkarrow-up12arrow-down10
arrow-up12arrow-down1imageIf you don’t want to be poor you should simply become richsh.itjust.worksalphacyberranger@sh.itjust.works to LinkedinLunatics@sh.itjust.worksEnglish · 7 months agomessage-square5linkfedilink
minus-squareVinny_93@lemmy.worldlinkfedilinkarrow-up1·7 months agoWell based on the principle of compounding interest I think that number might be right. It really kind of depends on your returns every month. His logic flaw here is that millions gamble on startups like that and hindsight is very much 20/20. Buying stocks is kind of like sports betting for a different target audience this way.
minus-squareotacon239@lemmy.worldlinkfedilinkarrow-up1·7 months agoThat’s why you’re only supposed to invest in successful ideas, duh.
Well based on the principle of compounding interest I think that number might be right. It really kind of depends on your returns every month.
His logic flaw here is that millions gamble on startups like that and hindsight is very much 20/20.
Buying stocks is kind of like sports betting for a different target audience this way.
That’s why you’re only supposed to invest in successful ideas, duh.