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Why You Probably Haven’t Started Investing Yet
- PaulHoule 15y agoUhhh... That would have been true if you started investing in 1980, but if you were born in 1980 and started investing in 2000 you'd have had a very hard time doing better than inflation unless you'd gotten a position in gold or inflation indexed bonds very early. When wall street is performing well, compound interest is on your side, but when it can't outperform inflation, it's somewhat more rational to have a "carpe diem" attitude.
- amalag 15y ago8% returns, where does one get that?