3 ms·
That's too clever by half. In 1950 the average income was $3,210. How would a secretary get $6,300 to invest?
by IncRnd 9y ago
That's too clever by half.
In 1950 the average income was $3,210. How would a secretary get $6,300 to invest?
- TheCoelacanth 9y agoThe 7% rate quoted is after inflation. The actual historical rate of return was more like 11% over that time period if you ignore inflation.
- chubot 9y agoSee my response here: https://news.ycombinator.com/item?id=17011298 https://news.ycombinator.com/item?id=17011298