Re:The Psychological Trap of Freelancing
by brudgers on Monday February 11, 2019 @12:27PM
(#19136194)
With ongoing contribution plans like retirement accounts, the thirty year average returns are relevant to a sixty year contribution cycle: Assuming no back loading (later contributions larger than early contributions). With a back loaded cycle, dollar by dollar thirty year averages require a greater than sixty year investment cycle.
Even a ten year average returns is typically going to require more -- a cycle longer than twenty years. Financial services are sold: caveat emptor.
Even a ten year average returns is typically going to require more -- a cycle longer than twenty years. Financial services are sold: caveat emptor.