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Great Video on Investing

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MetaPhysical
MetaPhysical Posts: 449 Forumite
100 Posts First Anniversary Photogenic Name Dropper
edited 31 May at 11:27AM in Pensions, annuities & retirement planning
https://www.youtube.com/watch?v=D7BypzqdfqM

By Tom Nash.  Easy to watch.  About 30 minutes.

Comments

  • kimwp
    kimwp Posts: 2,920 Forumite
    Fifth Anniversary 1,000 Posts Photogenic Name Dropper
    What are the assumptions and maths behind a 94% chance of a day trade turning into 100% over 20 years with monthly investments?
    Statement of Affairs (SOA) link: https://www.lemonfool.co.uk/financecalculators/soa.php

    For free, non-judgemental debt advice, try: Stepchange or National Debtline. Beware fee charging companies with similar names.
  • MetaPhysical
    MetaPhysical Posts: 449 Forumite
    100 Posts First Anniversary Photogenic Name Dropper
    I think 99.97% it works out to.
  • ali_bear
    ali_bear Posts: 329 Forumite
    Third Anniversary 100 Posts Photogenic Name Dropper
    But as we learned from Austin Powers The Movie, a million Dollares/Pounds isn't what it used to be. 
    A little FIRE lights the cigar
  • HedgehogRulez
    HedgehogRulez Posts: 123 Forumite
    100 Posts Photogenic Name Dropper
    Inflation is a thing
  • GenX0212
    GenX0212 Posts: 154 Forumite
    100 Posts First Anniversary Name Dropper
    Never realised it was this easy. Maybe I should go back and claim against my mortgage endowment company for not giving me a million £ after 25 years of investment?
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