Praise Idleness@sh.itjust.works to 196@lemmy.blahaj.zone · 1 day agoDo you make $5,000/day?sh.itjust.worksimagemessage-square114fedilinkarrow-up1984arrow-down112
arrow-up1972arrow-down1imageDo you make $5,000/day?sh.itjust.worksPraise Idleness@sh.itjust.works to 196@lemmy.blahaj.zone · 1 day agomessage-square114fedilink
minus-squareToneswirly@lemmy.worldlinkfedilinkarrow-up50arrow-down1·1 day 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-squareJohnDClay@sh.itjust.workslinkfedilinkarrow-up6·edit-216 hours 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.