AFK BRB Chocolate (CA version)

  • 16 Posts
  • 606 Comments
Joined 3 years ago
cake
Cake day: July 10th, 2023

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  • People have a hard time conceptualizing really big numbers, and a billion is a really big number. If you put $1B into a fixed rate investment earning 5% annually, you’d be getting $50M a year just from that. Most investments in the market do much better than that. So if she kept just (just!) $10B of what she got, she could easily be getting back well over $500M without doing anything at all. Every year, forever. If she doesn’t spend or give away that much, then what she gets back grows.