Oct 25, 2023
Brian,
In the example I'm using S&P500 data. Looking at the last 150 years of data, it's not likely that your money will be gone.
On average, you will have 10% return which, on average, would double your investment in 7 years.
these are averages and there are more variables, but the goal is to illustrate the power of compounding interest.
Let me know your thoughts.