re: 10-fold increase

Current Events » in reply to 10-fold increase isn't too bad but 20 years is a long time.

TB — 10/16/2007 4:14:25 PM (archived)

If your purpose is to preserve and grow wealth for retirement or other things in later years, a ten-fold increase doesn't suck. It's a lot higher than the inflation rate.

I don't see the stock market as a way to get rich quick. Seen too many people try.

The whole thread (6 posts)

Economic factoid of the day... - TB - 10/15/2007 6:09:39 PM
- 10-fold increase isn't too bad but 20 years is a long time. (n/t) - Un_Epi_De_Mais - 10/16/2007 1:24:18 PM
  - re: 10-fold increase - TB - 10/16/2007 4:14:25 PM
    - But with a 20-year payoff period, you only get one try. - Un_Epi_De_Mais - 10/16/2007 5:17:41 PM
      - So where else can you put the cash? - TB - 10/16/2007 5:45:34 PM
        
        There was a point I was trying to make but I can't remember what it was. - Un_Epi_De_Mais - 10/17/2007 12:50:19 AM

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