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He also doesn't take inflation into consideration.
by ewaldort 11y ago
He also doesn't take inflation into consideration.
- nommm-nommm 11y agoOr market volatility. .... or much of anything, really.
- pc86 11y agoExpecting above-average returns on a small amount of money for several decades as sole income while ignoring inflation and market volatility. What could possibly go wrong?
- wsc981 11y agoI hoped to make clear this wasn't the sole income for decades. It's meant as a starting point to dedicate myself full-time on my own projects and hopefully make extra money from this work. Since I'm a developer with focus on mobile, I'd try to make several apps a year in this way which would hopefully generate substantial extra income over time.
- crdoconnor 11y agoOr those pesky 0% interest rates we've had for 7 years.
- muzz 11y ago0% interest rates are not a concept that applies to index funds
- crdoconnor 11y agoMarket crashes are though.