r/AskReddit • u/Previous-Ad3911 • 7d ago

You can have 5000 of anything that starts with Y. What do you choose?

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u/ismelldirti 7d ago

Years worth of income

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u/duhogman 7d ago

If you made $100k per year that would put you at half way to being a billionaire. Kinda hurts to put that into perspective.

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u/vkapadia 7d ago

Scale is a hell of a thing.

Another way to see the huge difference between $1m and $1b:

Let's say you made $1/second (which is an insanely good salary, $3600/hr), and you earned this not just business hours, but 24 hours a day 7 days a week. Earning $1m would take you less than 12 days. Earning $1b would take you over 31 years.

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u/mightycat 6d ago

That is $31.5 million a year, invested into the S&P 500 every single year with dividends reinvested, at an average rate of return of 10%, would net you $6.3 billion at the end of 31 years.