Comments by "Gaza is not Amalek" (@Ass_of_Amalek) on "How To Invest: The Basics Of Investing For Beginners | Business Insider Explains | Business Insider" video.

  1. uhm what is this
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  2.  @ethanmann5231  but they won't, because without interest, a monthly $50 would take 83 years to accumulate to $50k, and it would still take the majority of that time with interest because anyone who promises any riskless investment even approaching a two digit yearly interest is pushing a fraud scheme. meanwhile if you actually saved it in dollars, and we assume a slightly pessimistic yearly inflation rate of 3% (I hear central banks nowadays normally aim for 2%), you would start losing more purchasing power than the $50 per month after $25,000, and by the time you reach $50k, the savings (without adding $50) would be losing the equivalent value of $100 per month.
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