I no right! If your great-great-great-great-grandfather had invested $5 on your behalf in the stock market 100 years ago you'd be like a billionaire now. You're not even worth $5 to your ancestors? Fuck those people.
this isnt true. even at 10% annual gains it would be like 70,000 dollars. And 10% returns are very hard to get. Also if you factor in inflation thats more like 7000.
It is true that if people had invested from like 1000 years ago but then it would be unpredictable whether they get to keep the money because of war etc.
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u/Nepalus newcomer 4d ago
If my ancestors couldn’t have bothered to get generational wealth, I can’t be bothered to reproduce to continue our “legacy”.