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> - The gigs compound: in 9 years, it's 2-4, and in 18, 4-8 per year. Ideally, my hourly rate also increases, though perhaps not exponentially. Still, I really
by morgante 13y ago
> - The gigs compound: in 9 years, it's 2-4, and in 18, 4-8 per year.
Ideally, my hourly rate also increases, though perhaps not exponentially. Still, I really meant the gigs purely as a comparison point... even $16,000 after 9 years isn't much of a lifestyle difference.
- chavesn 13y agoThat's true, and an important point: if you expect your personal earning power to grow at a rate far greater than 8%, then investing your principal now will have little effect one way or the other. But investing later will, so it's good to be prepared with the right strategy for you (whatever that is).