Timeline for Is it a lie that you can easily make money passively in the stock market?
Current License: CC BY-SA 3.0
7 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Apr 23, 2018 at 21:13 | comment | added | Mark Rosenblitt-Janssen | There's no reason to think that inflation will occur at all. The value of the goods have remained the same. So really what you see is a lowering of the value of MONEY ITSELF. I.e. the money is getting devalued. The reason: money keeps getting printed, so of course you're going to get more somehow. | |
| Apr 23, 2018 at 16:38 | comment | added | Kevin | @NickCardoso Yes, all the numbers would be the same—though it'd be more important to get a low-cost system like Vanguard. And the taxes will likely be (significantly) less. See, e.g. a retirement calculator. $200/mo ($2400/yr) will get you over $240k in 30 years; $250 ($3k/yr) for 40 years will get you over $640k. not millions but nothing to scoff at. Remember, every little bit helps, and the sooner the better. | |
| Apr 23, 2018 at 15:55 | comment | added | Nick Cardoso | Does this still hold true for people with almost nothing to invest? like 2-3k / year | |
| Apr 20, 2018 at 16:05 | comment | added | Kevin | @Brian the place I glanced at said .05, must have either been old data or I looked at the wrong field. Updated the math, which seems to have had a couple errors anyway. | |
| Apr 20, 2018 at 16:04 | history | edited | Kevin | CC BY-SA 3.0 |
added 2 characters in body
|
| Apr 20, 2018 at 15:29 | comment | added | Brian | Minor nitpick: VOO has an expense ratio of 0.04% | |
| Apr 19, 2018 at 20:00 | history | answered | Kevin | CC BY-SA 3.0 |