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/biz/ - Business & Finance

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1537255 No.1537255 [Reply] [Original]

Just put 1k in a vanguard index fund. How do I induce an artificial coma so that I wake up 50 years later to see it become 1 million?

>> No.1537266

>>1537255
You'd have maybe $30,000.

>> No.1537269

>>1537266
Yeah best case scenario

>> No.1537296

>>1537269
>implying I won't be reinvesting dividends

>> No.1537299
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1537299

>>1537296
...that is if you reinvested your dividends.

>> No.1537301

>>1537266
>>1537269
>>1537296

More like 7k

>> No.1537305

your 1 million future dollars will be worth 1k in todays dollars due to inflashun

>> No.1537325

>>1537296
How are you going to do that in a coma genius?

>> No.1537332

$1000 isn't going to get you there Fry. But if you also save $200 month, you'll wake up to a cool $1.6 million. Even accounting for inflation, that's almost $700,000 in present day dollars.

>> No.1537356

>>1537325
>what is automatic dividend reinvesting

>>1537301
>>1537305
>>1537332
I'll siphon off some of the insurance money into a charity set up by a shell corporation that will set up a direct debit into the index fund every year while I'm in the coma

>> No.1537761

So of index funds are scam, whats the alternative?