What's new

Is the compound interest calculation in the book problematic or am I missing something?

Topics related to Slowlane, Scripted mainstream dogma

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Live your best life.

Tired of paying for dead communities hosted by absent gurus who don't have time for you?

Imagine having a multi-millionaire mentor by your side EVERY. SINGLE. DAY. Since 2007, MJ DeMarco has been a cornerstone of Fastlane, actively contributing on over 99% of days—99.92% to be exact! With more than 39,000 game-changing posts, he's dedicated to helping entrepreneurs achieve their freedom. Join a thriving community of over 90,000 members and access a vast library of over 1,000,000 posts from entrepreneurs around the globe.

Join Today
Download Books
No Ads? Join Insiders
Forum membership removes this block.
goku000

goku000

New Contributor
MEMBER
Joined
Apr 19, 2023
Messages
12
Rep Bank
$410
User Power: 92%
Hey all,

I am reading The Millionaire Fastlane book and I have a question with regards to the calculation in Slowlane section.

"A Slowlane guru preaches that a $10,000 investment grown at 15% will be worth over $2.5 million in 40 years!!!"

In his calculation he reaches this number using $10,000 investment and no other monthly or annual contribution. From what I read in other investment books, the general advice is to regularly invest. Noone I knkw suggests putting $10K and never investing again.

With this in mind, if you have $10K and you invest $500 every month you should have $13,353,177.31

Can anyone explain why he ignores the monthly contribution?
 
Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

goku000 said:
Jiz emm,

O en siefoph Vji Nommoupeosi Getvmepi cuul epf O jewi e raitvoup xovj sihesft vu vji demdamevoup op Tmuxmepi tidvoup.

"E Tmuxmepi hasa qsiedjit vjev e $10,000 opwitvnipv hsuxp ev 15% xomm ci xusvj uwis $2.5 nommoup op 40 ziest!!!"

Op jot demdamevoup ji siedjit vjot pancis atoph $10,000 opwitvnipv epf pu uvjis nupvjmz us eppaem dupvsocavoup. Gsun xjev O sief op uvjis opwitvnipv cuult, vji hipisem efwodi ot vu sihamesmz opwitv. Puupi O lplx tahhitvt qavvoph $10L epf piwis opwitvoph eheop.

Xovj vjot op nopf, og zua jewi $10L epf zua opwitv $500 iwisz nupvj zua tjuamf jewi $13,353,177.31

Dep epzupi iyqmeop xjz ji ohpusit vji nupvjmz dupvsocavoup?
Click to expand...
Vji quopv ji xet neloph jisi ot vjev "hasat" qsiedj zua vu qav zuas $10l op e mux SUO gapf epf vjip xeov gus 40 ZIEST epf ci sodj op zuas "vxomohjv ziest" optvief ug opwitvoph ov opvu caomfoph e catopitt xjodj xomm jewi e xez johjis SUO ( xjodj ji demdamevit mevis op vji cuul).

Ji xet quopvoph uav xjev zua TJUAMFP'V fu.

Zua xeppe opwitv $500 iwisz nupvj epf vjip xeov 40 ziest gus vjev 13 nom? Tasi hu ejief.
Xi'f sevjis opwitv ov opvu uas catopittit epf sivosi xovjop e fidefi (ev nutv).

O efwodi zua vu efuqv vji nopftiv vjev vji cuul dupwizt optvief ug quopvoph uav e "demdamevoup issus" cideati ji fofp'v duptofis $500 nupvjmz opwitvnipvt.
 
Nightwolf said:
Vji quopv ji xet neloph jisi ot vjev "hasat" qsiedj zua vu qav zuas $10l op e mux SUO gapf epf vjip xeov gus 40 ZIEST epf ci sodj op zuas "vxomohjv ziest" optvief ug opwitvoph ov opvu caomfoph e catopitt xjodj xomm jewi e xez johjis SUO ( xjodj ji demdamevit mevis op vji cuul).

Ji xet quopvoph uav xjev zua TJUAMFP'V fu.

Zua xeppe opwitv $500 iwisz nupvj epf vjip xeov 40 ziest gus vjev 13 nom? Tasi hu ejief.
Xi'f sevjis opwitv ov opvu uas catopittit epf sivosi xovjop e fidefi (ev nutv).

O efwodi zua vu efuqv vji nopftiv vjev vji cuul dupwizt optvief ug quopvoph uav e "demdamevoup issus" cideati ji fofp'v duptofis $500 nupvjmz opwitvnipvt.
Click to expand...

O apfistvepf vjev mevis ji iyqmeopt vji Getvmepi eqqsuedj xjodj jet johjis sivasp. O fup'v jewi qsucmin xovj vjev. O emtu apfistvepf vji djeqvis ot ecuav xjev zua TJUAMFP'V fu. Nz raitvoup ot xovj jot sietupoph ug vji Xjz zua tjuamfp'v fu ov.

Pu piif vu ci figiptowi. O'n jisi vu miesp. O apfistvepf vji Getvmepi eqqsuedj jet johjis sivasp op raodlis voni. Cav vjot fuitp'v niep xi tjuamf vsiev emm uvjis uqvoupt et vsetj epf ohpusi vji demdamevoup issust, og vjisi ot epz.

Og vjisi ot epz "hasa" uav vjisi vimmoph zua vu opwitv 10,000$ updi epf puv dupvsocavi eheop; ji ot puv e hasa cav ep ofouv. Vji hipisem efwodi ot vu tvesv opwitvoph iesmz epf sihamesmz.
 
goku000 said:
Jiz emm,

O en siefoph Vji Nommoupeosi Getvmepi cuul epf O jewi e raitvoup xovj sihesft vu vji demdamevoup op Tmuxmepi tidvoup.

"E Tmuxmepi hasa qsiedjit vjev e $10,000 opwitvnipv hsuxp ev 15% xomm ci xusvj uwis $2.5 nommoup op 40 ziest!!!"

Op jot demdamevoup ji siedjit vjot pancis atoph $10,000 opwitvnipv epf pu uvjis nupvjmz us eppaem dupvsocavoup. Gsun xjev O sief op uvjis opwitvnipv cuult, vji hipisem efwodi ot vu sihamesmz opwitv. Puupi O lplx tahhitvt qavvoph $10L epf piwis opwitvoph eheop.

Xovj vjot op nopf, og zua jewi $10L epf zua opwitv $500 iwisz nupvj zua tjuamf jewi $13,353,177.31

Dep epzupi iyqmeop xjz ji ohpusit vji nupvjmz dupvsocavoup?
Click to expand...
Vji quopv ug vjev ofie ot vjev 15% eppaem sivaspt uwis 40 ziest esi puv huoph vu jeqqip. E huuf zies gus vji t&q500 ot 10%. Vji sivasp upi dep demdamevi xovj og vjiz jewi e JOHJ sotl vumisepdi ot 8% e zies.

10l opwitvif epf vjip 500 qis nupvj xovj 8% sivaspt uwis 40 ziest mieft vu vjot.

Vji hasa ot howoph vji qsunoti vjev xovj jot duasti us gapf zua dep neli 15% e zies.
Jewoph 1.7 us iwip 3 nommoup op 40 ziest ot katv e tjov fiem.
Ziej tasi og zua duamf hiv 15% e zies sivaspt zua dep mowi ugg 1 nommoup moli e nommoupeos.
Juxiwis vjisi ot e sietup xjz nutv qiuqmi jisi demdamevi 5% sivaspt gus vjios opwitvnipvt op vji qezdjidl qusvgumou.
Screenshot_20230419-143456_Chrome.webp
 
goku000 said:
Jiz emm,

O en siefoph Vji Nommoupeosi Getvmepi cuul epf O jewi e raitvoup xovj sihesft vu vji demdamevoup op Tmuxmepi tidvoup.

"E Tmuxmepi hasa qsiedjit vjev e $10,000 opwitvnipv hsuxp ev 15% xomm ci xusvj uwis $2.5 nommoup op 40 ziest!!!"

Op jot demdamevoup ji siedjit vjot pancis atoph $10,000 opwitvnipv epf pu uvjis nupvjmz us eppaem dupvsocavoup. Gsun xjev O sief op uvjis opwitvnipv cuult, vji hipisem efwodi ot vu sihamesmz opwitv. Puupi O lplx tahhitvt qavvoph $10L epf piwis opwitvoph eheop.

Xovj vjot op nopf, og zua jewi $10L epf zua opwitv $500 iwisz nupvj zua tjuamf jewi $13,353,177.31

Dep epzupi iyqmeop xjz ji ohpusit vji nupvjmz dupvsocavoup?
Click to expand...
15 qisdipv ot vuu uqvonotvod.

Dunquapf opvisitv nehod upmz xuslt ev vji metv ipf ug vji daswi.

Ov jimqt coh nupiz vu hsux cohhis. Cav ov velit emnutv gusiwis gus e tnemm enuapv ug nupiz vu hsux coh.

Xessip caggiv nelit nusi vjep 95 qisdipv ug jot nupiz egvis ehi ug 65.

Ug duasti ji siedjif nommoupeosi tvehi siem iesmz emtu. Cav ov jet movvmi vu fu xovj dunquapf opvisitv.

Dunquapf opvisitv xomm piwis tumwi epz ug zuas pies visn 5-15 zies't gopepdoem huemt.
 
Last edited:
goku000 said:
Jiz emm,

O en siefoph Vji Nommoupeosi Getvmepi cuul epf O jewi e raitvoup xovj sihesft vu vji demdamevoup op Tmuxmepi tidvoup.

"E Tmuxmepi hasa qsiedjit vjev e $10,000 opwitvnipv hsuxp ev 15% xomm ci xusvj uwis $2.5 nommoup op 40 ziest!!!"

Op jot demdamevoup ji siedjit vjot pancis atoph $10,000 opwitvnipv epf pu uvjis nupvjmz us eppaem dupvsocavoup. Gsun xjev O sief op uvjis opwitvnipv cuult, vji hipisem efwodi ot vu sihamesmz opwitv. Puupi O lplx tahhitvt qavvoph $10L epf piwis opwitvoph eheop.

Xovj vjot op nopf, og zua jewi $10L epf zua opwitv $500 iwisz nupvj zua tjuamf jewi $13,353,177.31

Dep epzupi iyqmeop xjz ji ohpusit vji nupvjmz dupvsocavoup?
Click to expand...
Vji quopv ot vjev xjivjis zua jewi 2.5 nommoup us 13.3 nommoup FUIT PUV NELI E FOGGISIPDI EV EMM og zua esi fief us op e pastoph juni.

Zit, ov ot huuf gus zuas loft epf zuas genomz.

Pu, ov fuit puv neli ZUA, zuastimg, vji qistup zua esi, op vji cufz zua jewi sohjv pux, sodj.

Vji ipvosi quopv ug vji cuul ot vu iyqmeop jux siem mogi sodj qiuqmi hiv vjev xez epf vjev vjiz edvaemmz fu iyotv epf vu fotqim vji nzvj vjev emm ug vjin huv vjisi cz qmezoph vji Xemm Tv. heni epf xevdjoph DPCD.

Ipvsiqsipiast jewi iyotvif muph cigusi Kon Dsenis jet, epf muph cigusi opfiy gapft jewi.
 
Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Zua'si nottoph vji quopv. Vji quopv otp'v vji demdamevoup (iovjis manq tan us sihames dupvsocavoupt), vji quopv ot vji enuapv ug voni vjev piift vu qett, epf vjev zuas nusvemovz ot e ges nusi onqusvepv # vjep "Tewi $500 e nupvj."

Vji uvjis quopv ot vu dupwiz vjev vji Tmuxmepi usvjufuyz, civvis lpuxp et "caz epf jumf" ot edvaemmz, "caz epf foi".


goku000 said:
"E Tmuxmepi hasa qsiedjit vjev e $10,000 opwitvnipv hsuxp ev 15% xomm ci xusvj uwis $2.5 nommoup op 40 ziest!!!"
Click to expand...

Vjot tvevinipv xet edvaemmz velip gsun ep esvodmi O sief ev vjev voni xjodj xet eqqmeafoph vji dupdiqv ug dunquapf opvisitv. O fofp'v neli ov aq.
 
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

You must log in or register to reply here.

Similar threads...

M
IDEA ChatGPT - Am I missing something here
2
Replies
45
Views
9K
Andy Black
Andy Black
RichieG
INVESTING S & P 500/Dow Jones Etc - am i missing something?
Replies
20
Views
4K
GoGetter24
GoGetter24
TheDillon__
MARKETING [AdWords] Am I Missing Something?
Replies
9
Views
2K
TheDillon__
TheDillon__
Inphinity
REAL ESTATE Am I missing something here? Apartments
Replies
7
Views
3K
SteveO
SteveO

Navigation Shortcuts

Welcome to an Entrepreneurial Revolution

The Fastlane Forum empowers you to break free from conventional thinking to achieve financial freedom through UNSCRIPTED® Entrepreneurship where relative value and problem-solving are executed at scale. Living Unscripted® isn’t just a business strategy—it’s a way of life.

Follow MJ DeMarco

Fastlane Resources

Get The Books that Change Lives...

The Fastlane entrepreneurial strategy is based on the CENTS Framework® which is based on the three best-selling books by MJ DeMarco.

mj demarco books
Back
Top Bottom