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Porgie Tirebiter

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Porgie Tirebiter

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Re: bar1080 post# 2188

Saturday, 05/18/2019 10:41:50 AM

Saturday, May 18, 2019 10:41:50 AM

Post# of 6971
Yes, but I'm only factoring in the dividend. With dividend re-investment you would have doubled your money in ten years. And the time rate of each subsequent doubling will decrease by roughly half.

The real money in the markets is with investment, not playing share price like a casino bet.

Have you ever read "The Sleeper Awakes" by H.G. Wells? A guy is messing around taking drugs and makes a concoction that puts him in a coma. His brother and a friend set up a modest trust to take care of him. Anyway, the main story is that he awakens 200 years later and it begins to dawn on him that he is the most powerful man on Earth because he has most of the money in the world. The power of passive investing.

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