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André
Humphrey Yang
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Comments by "André" (@Andre-qo5ek) on "Humphrey Yang" channel.
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i call bull on the 10k number. being debit free is more liberating than the 10k as for the compound interest ... eh, 10k doesn't do much for you there. - 10k 4% 1yr = +400 _ ROI ( 4% ) - 10k 4% 30yr = +22,433.98 _ ROI ( 224.34% ) ^ 30yr accounting for 3% INFLATION though +3,478.49 _ ROI ( 34.78% ) but of course this is just my very conservative framework on the topic. using savings accounts that are not market gambling. getting the compound at 7% or 10% changes it of course. i am tired of looking at Buffett as an example... he is LITERALLY THE FRINGE CASE. and that "abundance" mindset is such a scam; it is a slippery slope to high risk and not realizing the very real suffering of people around us. thinking in abundance , IMO, strips people of empathy. ( scarcity also strips people of compassion) we need a healthy balance of REALITY. conclusion: just another B.S. video raking in money because the channel has 1.2 million subs. the classic " i'll teach you how to make a million dollar, just give ME a dollar"
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