Anyone here a Millionaire ?

agreed. and that would be a waste of a life.

 

I was just talking with a friend about how to become "well off" He's 22, been putting $50 a week in a bank account for awhile now. By the time he is 35 he'll have a good chunk of change to throw around(House, Car) . I am thinking it's not that bad of an idea... Maybe I'll invest some money in stocks... The market is going to rebound eventually, and consumer spending is up a good amount in the first quarter.

 

Annualized that is .8% year over year.....no one is retiring with that rate of return and few, if any financial planners are using numbers that low for projections.

 

my point is that 100% of the 10 year periods in the history of the market have made money, and it's averaged 12% over its life. Warren Buffet seems to think stocks are OK

 

worked for me, I'm loaded now :up:

 

It's easy to be loaded and empty at the same time.

I can tell you that ever since my last race, there hasn't been a day go by that I haven't thought about about it. Some day soon I hope to fill that void.