In Investing, your account size really matters - Createwealth8888
Uncle8888 will be shocked if the above is mentioned in any investing course preview seminar or talks!
Read? Investing Made Simple by Uncle8888 (17)
In Investing, your account size really matters - Createwealth8888
Uncle8888 will be shocked if the above is mentioned in any investing course preview seminar or talks!
Read? Investing Made Simple by Uncle8888 (17)
One way for investment gains to beat lifetime of earned income is to FIRE or RE. LOL!
ReplyDeleteLol! I think that's the case for me.
DeleteMore of being a terrible employee rather than a genius investor! 🤣
Based on data point of one (wifey), for average wage earner ... salary beats investing gains in the medium term (10-20 yrs). But in the longer term (>25 or 30 yrs) investing gains tends to beat total salary earned.
Provided one is reasonably diversified & doesn't lose bxlls during bear markets.
Doesn't apply to high income earners like C-execs of MNCs, top property salespeople, successful entrepreneurs etc.
Even so, almost none of these high earners will keep their millions in FDs or CPF or savings accounts. They'll still "invest" 50% or more of it, even if it's simply buy & hold a few GCBs.