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Great Video on Investing
MetaPhysical
Posts: 520 Forumite
https://www.youtube.com/watch?v=D7BypzqdfqM0
Comments
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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.phpFor free, non-judgemental debt advice, try: Stepchange or National Debtline. Beware fee charging companies with similar names.1 -
I think 99.97% it works out to.0
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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 cigar0
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Inflation is a thing0
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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?0
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