Re:Is Inequality Inevitable?
by mypalmike on Wednesday November 06, 2019 @03:25PM
(#21466786)
Give your financial advisor $8M and tell him you're happy with a 4% annual return. If you can live on an annual pre-tax income of a mere $200K, the remaining $120K gets compounded.
Zero effort, compound growth, risk bordering on zero.
Zero effort, compound growth, risk bordering on zero.
*Edit : a typo