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/biz/ - Business & Finance

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15014663 No.15014663 [Reply] [Original]

I can make you rich /biz/, here's how:
1. Get brokerage account
2. buy $500 worth of SPY every month
3. At 10% a year, you should have a million dollars after 30 years

If you want it to happen faster, contribute more than $500 a month.

>> No.15014948
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15014948

>>15014663
HOLY SHIT

>> No.15014974

>>15014663
Spy has averaged 8.3% over last few decades tho

>> No.15015014
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15015014

>>15014663
>I can make you marginally wealthy /biz/
>just need historical trends to maintain even though the planet is capping out on population and production
>everything is at an all time high
>JUST WAGESLAVE FOR 30 YEARS LMAO

>> No.15015058

>>15014663
>30 years to become millionaire
Not worth it. I would give up like 5 or 10 years of my life max in exchange for becoming a millionaire.