August 22, 2016, 05:44:23 PM


Author Topic: Here ya go, retire by 30.  (Read 445 times)

Offline some waygug-in

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Here ya go, retire by 30.
« on: August 17, 2016, 12:39:16 AM »

Online eggieguffer

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Re: Here ya go, retire by 30.
« Reply #1 on: August 17, 2016, 01:18:17 AM »
1) He's punching above his weight
2) There's no way you can 'travel the world' on 40,000 Canadian dollars a year unless you live like a smelly backpacker.
3) It kind of glossed over the way they turned 500,000 dollars into a million. Unless they went into a casino and put it on red, that's going to take a while.

Offline some waygug-in

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Re: Here ya go, retire by 30.
« Reply #2 on: August 17, 2016, 04:24:26 AM »

Offline Davey

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Re: Here ya go, retire by 30.
« Reply #3 on: August 17, 2016, 05:28:12 AM »
1) He's punching above his weight
2) There's no way you can 'travel the world' on 40,000 Canadian dollars a year unless you live like a smelly backpacker.
3) It kind of glossed over the way they turned 500,000 dollars into a million. Unless they went into a casino and put it on red, that's going to take a while.

3)

"This story has been modified to clarify that Kristy Shen and Bryce Leung doubled their $500,000 savings to $1 million by both investing the initial amount and continuing to invest additional savings."

Additionally, they got in when equities were relatively cheap.
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