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Did you just claim a 20x return on investment wasn't good? A 7% investment adjust for inflation will return about 4x over the same time period (40 years). I ha
by dlp211 9y ago
Did you just claim a 20x return on investment wasn't good? A 7% investment adjust for inflation will return about 4x over the same time period (40 years). I have no clue what the hell you are talking about.
- throwaway76543 9y agoSaying "20x" return is meaningless without considering time. 1% growth will have a "20x return" if you're willing to wait 300 years. So no, a "20x return" is not necessarily good. What I've said is that the return from a degree program is less than half of a moderate investment return in the stock market. It's a very simple point I'm making here. You don't need to get confused with inflation - it applies similarly to both scenarios and drops out of the equation. Turning $150k into $3m over 45 years could be described as "average market performance." Turning $150k into $1m over 45 years using a degree could be accurately described as "a below average performing investment."