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A comment on German digital bank N26 is facing outcry from its staff over management. Parent comment

Re:German digital bank N26 is facing outcry from its staff o... by ivanche on Friday August 14, 2020 @06:52AM (#24156292)
While it is true that US salaries are higher then EU ones, you definitely can get rich while working as an engineer. With disciplined and smart investing, 40 years of compounding interest can work wonders. In some cases in can be even more - I know a few friends who started investing for their kids the moment they were born.
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Re:German digital bank N26 is facing outcry from its staff o... by coldtea on Friday August 14, 2020 @08:52AM (#24157215)
>With disciplined and smart investing, 40 years of compounding interest can work wonders.

One problem is that this takes 40 years...

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Re:German digital bank N26 is facing outcry from its staff o... by filoleg on Friday August 14, 2020 @05:18PM (#24163411)
Agreed, and it becomes an even more significant difference thanks to compounding interest. With the same aggressive level of savings, you can get to the same level in the US at a FAANG company in under 10 years easily. You can even make it a bit less aggressive, and still easily get there in about 10-15 years, while enjoying a way more relaxed and luxurious lifestyle than you would have in EU.
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