Block 10: Beating the Market
As we have learned, compound interest is an amazing thing. Growing your money at 10% resulted in impressive results. But is it worth it to try to go above and beyond?
Well, remember in Block 8 we did some calculations? In short, you could have $1.84 million after starting with $5,000 and adding $5,700 every year for 35 years at 10%.
What about if you beat the market and get 15% under those same conditions? Well, you will have $6.44 million. Don’t trust that? Click here.
What about a miraculous 20%? $23.12 million.
Those are convincing numbers but we still a lot to learn to get to that point…