Hahah you idiot we have YouTube channel not TV channels with games

^(just a dumb joke don’t be mad <3)

SPY since 93 has a CAGR of ~9.5% and US large cap since 72 ~10.22% (and this is without accounting for inflation)

You would need to be incredibly lucky to have a long term return of 12%, most people agree that 8% is a realistic return rate over a lifetime but you should still plan for 4-6% because you can’t know which end of the average you’ll fall in.

But yeah if you got 12% average for 56 years then you’d have a million with 2k put in today

Avoiding credit cards is a horrible idea in todays society. You should ideally be using your credit card to pay for absolutely everything that doesn’t charge a fee for it.

Be extremely diligent about paying it off and you will be way way better off than if you didn’t use the card at all. You can set up auto-payments, or manually pay it every paycheck, but just make sure it’s down to 0 by the end of the month. Personally, I bring it zero every week cause it’s an easy routine on Fridays and gives me peace of mind.

But you’re right never ever spend more than you have in your bank, that’s a recipe for disaster.

$2,000 put in at 16 would be worth ~$60,000 at age 60. It’s a lot of money but it’s not a million haha

Edit: assuming 8% yoy growth (market average)

School matters in the sense that it’s important to try and learn as much as you can and build your social skills too. But don’t get hung up on grades or failing a test or two. No one will care or even remember it later on, just try to learn and have a good time too

Yeah but if in the 60s you sold 1m tickets then that’s all your revenue basically, but today you might 500k tickets and also get 5m+ streaming views from people at home.

But then what about revenue generated through other means like streaming and such, or is that not included anyway?

I thought the quote was “a moment ago” no?