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/biz/ - Business & Finance


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14510994 No.14510994 [Reply] [Original]

>live frugally
>invest in stable companies
>reinvest dividends
>repeat for years
>snowball starts rolling
>become massively rich
Well, does it work?

>> No.14511015

BRO JUST LIVE FRUGALLY AND REINVEST FOR 50 YEARS THEN RETIRE LMAO

>> No.14511020

>>14510994
no

>> No.14511021

>>14510994
Depends on how much you can put into it, duh

>> No.14511049

>>14511015
Based and normie-pilled

>> No.14511056

>>14510994
>DUDE JUST WAGESLAVE FOR 40 YEARS

>> No.14511161

>>14511021
Ideally I'd be putting in 500$ every month, the dividend yield is hard to say because I'm using ETFs and they're made of a ton of different companies with constantly changing yields

>>14511015
>>14511056
I'm not good at math, but according to every financial expert/personality I've seen/heard it really shouldn't take an entire lifetime