@SparkingFIRENC Slow is fast.
$1,000 at 12% annually:
10 years → $3,106
20 years → $9,646
30 years → $29,960
40 years → $93,051
And that’s without adding another dollar along the way.
Gambler’s Ruin — a lesson every investor should know.
Start with $100. Every bet is 50/50.
Chance of going broke before reaching:
$120 → 16.7%
$200 → 50%
$1,000 → 90%
∞ → 100%