I get a news alert today that the S&P 500 hit the 3,000 mark again and felt compelled to do some math.
If you invested $50,000 into the S&P 500 at the lowest trading day of the 2008-2009 recession (S&P 500 = 797).... and waited.... and waited.... and waited.... and sold it 10 years later (right now) you would have profited $140,000.
Not to mention you had to have made about $71,500 to be able to buy equities with post-tax money. Also, not to mention the erosion of the value of the money through inflation.
My question is, how long would it take you to invest $50,000 into your business and make $190,000 in revenue directly from it? One year? Six months? My guess is less than 10 years.
If you invested $50,000 into the S&P 500 at the lowest trading day of the 2008-2009 recession (S&P 500 = 797).... and waited.... and waited.... and waited.... and sold it 10 years later (right now) you would have profited $140,000.
Not to mention you had to have made about $71,500 to be able to buy equities with post-tax money. Also, not to mention the erosion of the value of the money through inflation.
My question is, how long would it take you to invest $50,000 into your business and make $190,000 in revenue directly from it? One year? Six months? My guess is less than 10 years.
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