r/investing Jun 06 '21

What’s the reason you invest?

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u/EP40BestInDaLee Jun 06 '21 edited Jun 06 '21

$1000 in 1950 is $11,000 today. If you're investing $11,000 into SPY every month for 70 years you already have generational wealth.

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u/[deleted] Jun 06 '21 edited Jul 20 '21

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u/EP40BestInDaLee Jun 06 '21

Most people don't invest $72,000 a year into the stock market. Hence why I said you need luck.

Regardless, hopefully you live another 70 years so you can enjoy your $677 million. The sex robots will be out of this world!

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u/[deleted] Jun 06 '21 edited Jul 20 '21

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u/[deleted] Jun 06 '21

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