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Right, but with stocks you need a capital of $1m+ to get a significant income, which basically takes an entire career to accumulate.
by benhurmarcel 5y ago
Right, but with stocks you need a capital of $1m+ to get a significant income, which basically takes an entire career to accumulate.
- Closi 5y agoDepends how much you are putting away each month - If you save $1k per month it will take you about 22 years (with compounding, assuming you take nothing out). There isn't no "get rich quick" in personal finance though.