jaw_is_law
Im a Hook-nosed jew with a 200 IQ
- Joined
- Mar 3, 2022
- Posts
- 2,409
- Reputation
- 3,019
"if you invest 5$ every day for 60 years at a 8% return on investment you will be a millionaire by the year 2090"
well you wont.... because compound inflation, you see, inflation rates can compound just as much as your return on investment, and after you pay taxes on your capital gains, you're not going to have as much money as you think you will have, cause inflation is going to eat it all up.
so what do I suggest then? convert your US dollars into gold and silver AND buy real assets such as real estate, stocks, businesses, material so that you do not slowly lose value on your dollars and instead you will get appreciation from your assets as your stocks/real estate slowly rise in value over time WITH inflation
well you wont.... because compound inflation, you see, inflation rates can compound just as much as your return on investment, and after you pay taxes on your capital gains, you're not going to have as much money as you think you will have, cause inflation is going to eat it all up.
so what do I suggest then? convert your US dollars into gold and silver AND buy real assets such as real estate, stocks, businesses, material so that you do not slowly lose value on your dollars and instead you will get appreciation from your assets as your stocks/real estate slowly rise in value over time WITH inflation