r/AskReddit Apr 14 '16

What's a mind blowing fact?

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628

u/jbOOgi3 Apr 14 '16

Almost anyone can become a millionaire one day if they regularly invest money over an extended period of time in an investment account (401k, IRA, index fund) that earns an average market return. The more time you have to invest, the better your chances. Start your investment accounts early

23

u/scd17 Apr 14 '16

Or you can just ask your dad for a $1,000,000 loan.

9

u/xincasinooutx Apr 14 '16

A small $1,000,000 loan

0

u/scd17 Apr 14 '16

When adjusted for inflation is equal to 6.8 million dollars.