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For those who are wondering (I was), doubling your money in 8 years is about an average return of 9%. So pretty solid, but not absurd. Although I imagine such
by dwaltrip 10y ago
For those who are wondering (I was), doubling your money in 8 years is about an average return of 9%. So pretty solid, but not absurd.
Although I imagine such returns, with acceptable risk levels, become harder to find when you are dealing with 11-figures.
- doublerebel 10y agoThe Rule of 72 will save you from having to wonder from now on.
- whamlastxmas 10y agoIt's actually been really quite easy for the past decade - just buy real estate. It's very expensive, easy to sink billions into, and over the past 8 years you'd be easily doubling your money on a lot of it.