Praise Idleness to 196@lemmy.blahaj.zone · 18 hours agoDo you make $5,000/day?imagemessage-square104fedilinkarrow-up1877arrow-down110
arrow-up1867arrow-down1imageDo you make $5,000/day?Praise Idleness to 196@lemmy.blahaj.zone · 18 hours agomessage-square104fedilink
minus-squareToneswirly@lemmy.worldlinkfedilinkarrow-up46arrow-down1·11 hours agoI mean its worse than that. Youd need to work at a rate of 16,600/hr, 24 hours a day for 2,000 years to get even close to Elon Musk
minus-squareJohnDClaylinkfedilinkarrow-up4·edit-21 hour agoBut if you got $5000 at 0.7% yearly interest rate for 2000 years, you’d get to Musk’s wealth. You can only get that high with compound interest with investments, rather than earning money.
I mean its worse than that. Youd need to work at a rate of 16,600/hr, 24 hours a day for 2,000 years to get even close to Elon Musk
But if you got $5000 at 0.7% yearly interest rate for 2000 years, you’d get to Musk’s wealth. You can only get that high with compound interest with investments, rather than earning money.