Putting $1000 into the spx would only be $2000 if it somehow pumped to 15,000
>>62232487
putting $1000 into spx in 2020 would only be worth $2000 today if it somehow pumped to 7500
If you put $1,000 into whatever scam bullshit you're thinking of instead of low risk investing you could have $0 !
>>62232487the point is you accoomulate 1 million dollars lifetime thrown into the S&P and hopefully turn that into 3 million by the time you need to pull out.
Yeah the market is only good with large sums. And by Murphey's law the moment you go in with large sums, you never get the gains you see other ppl getting. Its a total drag
>>62232487buying a penny stock means it only has to climb 1 cent to double your money
Indexes are only worth it when you have a decent disposable income to throw at it every week or so for a decade. By far the best way to safely invest long term, but if you're just throwing in chump change once, don't bother.
you have to find a unicorn. 6% real annual return is cooked except for already rich boomers
