It would be difficult to compete year in and year out on a NIL basis.
However, we can spend less than we collect and invest the difference.
We could splurge every 8 years and make a serious run at the natty.
OR secretly build an unassailable dynasty:
For example, the future value of investing $3 million annually in the S&P 500 at an average annual return of 8% over 25 years would be approximately $219.32 million.
However, we can spend less than we collect and invest the difference.
We could splurge every 8 years and make a serious run at the natty.
OR secretly build an unassailable dynasty:
For example, the future value of investing $3 million annually in the S&P 500 at an average annual return of 8% over 25 years would be approximately $219.32 million.