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      11-27-2019, 11:19 PM   #29
bimmer456
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Drives: 340i
Join Date: Nov 2016
Location: Pasadena, CA

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Quote:
Originally Posted by grocerylist View Post
Quote:
Originally Posted by PoorLurker View Post
Seriously!

Wait 10 years so it can double five times!

Then you can have
50
100
200
400
800k! You can get a couple nice cars and a house.
I see some of us aren't familiar with the Rule of 72. On average it would take a little over 8 years to double your money with the average return of the S&P500 over time.
Screw the S and P that return is wack. I have 114 percent return since 2015. S and P is around 65 percent in the same period.
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