Dec 22, 2023
That's an amazing suggestion for an article!
Based of your question, I decided to run a simulation here www.portfoliovisualizer.com and these are the results:
- Start and end year: 2013 to 2023
- Monthly savings: $1250 (yes we'd need some aggressive saving but not impossible!)
- Final balance for 3 different portfolios:
1. SPY (vanilla S&P500): $358k
2. SSO (2x leveraged S&P 500): $500k
3. TQQQ (3x leveraged Nasdaq): $1.3 million.
It's possible to retire in Thailand by the age of 30!