I mean, that’s technically true. If someone handed me 5 million, I could invest 4.5 million and live pretty comfortably for 5 to 10 years off the remaining 500k. In that time, the 4.5 million in the stock market would probably grow to around 9 million over 10 years. That’s why it’s difficult to get rich but easy to get richer.
I mean, that’s technically true. If someone handed me 5 million, I could invest 4.5 million and live pretty comfortably for 5 to 10 years off the remaining 500k. In that time, the 4.5 million in the stock market would probably grow to around 9 million over 10 years. That’s why it’s difficult to get rich but easy to get richer.