| Go back to previous topic | | Forum name | General Discussion | | Topic subject | But you eventually graduated from $50's to $1000s, right? | | Topic URL | http://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=13400636&mesg_id=13400743 |
13400743, But you eventually graduated from $50's to $1000s, right?
Posted by PimpTrickGangstaClik, Mon Aug-24-20 02:06 PM
And I wouldn't consider 401k millionaires wealthy.
>The stock market can absolutely make you rich. I know people
>who invested at 20 years old with only $1000 and a little per
>paycheck who are now millionaires, based on investments.
>
>Statistically, most millionaires are measured on their 401k,
>you don't need a ton of money to get rich. You need to
>consistently invest and rebalance your account.
>
>https://www.cnbc.com/2019/08/21/the-number-of-401k-millionaires-hits-an-all-time-high.html
>
>I can attest to watching my investments grow dramatically and
>I only started by putting $50/paycheck in my 401k and
>investing in 90 percent equities.
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