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Key takeaways
- This would be $200 pair of shoes, additional contribution at zero, 40 years, quarterly make our return 9%, calculate.
- And so, if you would buy those shoes for $6,000, then maybe don't buy them today for $200.
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Full transcript
Locally archived YouTube transcript with timecodes. Speakers are assigned heuristically and may be corrected editorially.
0:00If you have a $200 pair of Jordans that you really want to buy, let's say you're 25 years old. Like, I I deserve these. I worked really hard for them. Okay, fine. That $200 invested just in the S&P 500 between now and the time you retire, do you want to know what that actually is? Investment calculator. This would be $200 pair of shoes, additional contribution at zero, 40 years, quarterly make our return 9%, calculate.
0:28So, instead of buying that $200 pair of shoes, when you're 65, it could be over $6,000 if you just invest in the S&P. And so, if you would buy those shoes for $6,000, then maybe don't buy them today for $200.