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Pay yourself one hour's worth of income each day

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  • #46
    Originally posted by Nutria View Post
    The argument is whether it's reasonable for people to have 9% growth for 20 years. The answer is, "yes", if you keep 100% of your money in an S&P 500 fund for 25 years.
    So where is your evidence to back up your statement that "no one" does this?

    And before you change directions again, I am pretty sure the argument was about investments not money. Clearly the money people use to live off of on a weekly basis is not in the S&P 500. But since you can't prove that no one invests 100% in the S&P for 25 years, then I figured that you might turn down another street.

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    • #47
      Originally posted by StormRichards View Post
      So where is your evidence to back up your statement that "no one" does this?
      Common sense. (But people put 100% of their money in Enron, so... )

      And before you change directions again, I am pretty sure the argument was about investments not money.


      Clearly the money people use to live off of on a weekly basis is not in the S&P 500. But since you can't prove that no one invests 100% in the S&P for 25 years, then I figured that you might turn down another street.
      It is true that if you put 100% of your money in the S&P500 for 25 years, you'll get 9% returns.

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      • #48
        Since this thread has gotten so far off topic, I will close it. If anybody wants to discuss accounts and rates please start a new thread. Thanks.
        Everything happens for a reason. Sometimes that reason is you're stupid and make bad choices.

        Current Occupation: Spending every dollar before I die

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