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Earning 1% every month on your investments would yield a ridiculous amount, like the wealth of the entire world in 3 years or something. So even if it sounds l
by faeyanpiraat 6y ago
Earning 1% every month on your investments would yield a ridiculous amount, like the wealth of the entire world in 3 years or something.
So even if it sounds like a small goal, getting better by any amount could suffice.
- lupire 6y agoNo , 1%/month is 43% in 3 years.
- faeyanpiraat 6y agoYou are right, I must be misremembering something, let me think about it..
- fnomnom 6y agoyou are probably thinking of doubling? like in the chess & rice story? see: https://en.wikipedia.org/wiki/Sissa_(mythical_brahmin) https://en.wikipedia.org/wiki/Sissa_(mythical_brahmin) which leads to https://en.wikipedia.org/wiki/Wheat_and_chessboard_problem https://en.wikipedia.org/wiki/Wheat_and_chessboard_problem