MJ DeMarco
I followed the science; all I found was money.
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Let's Get Excited, You're Gonna Be Rich!
I recently heard a Slowlane prognosticator proclaim the effectiveness of "Get Rich Slow" by citing this tasty factoid:
"If at the end of 1940 you had invested $1,000 in the stocks of the S&P500 you would now have $1,341,513."
So lets examine this fact, assuming it is fact.
1) It's 1940 and lets say you are 21 years old.
2) It's 1940 and you are 21 years old and somehow, you got your hands on $1,000 which in today's dollars is likened to about $15,000.
3) You took that $1,000 in 1940's money and done as above.
4) CONGRATULATIONS! It is NOW 2010 and you are 91 years old, the richest guy in the retirement home, a balling wheelchair, and a diamond encrusted pill box, rich with $1,341,513. Or if you were lucky to get your $1000 ON BIRTH, you'd now be 71 years old!
Yes folks, it's time to get excited! "Get Rich Slow" is gonna make you rich!!! (Just ignore your 74 year life expectancy!)
Seriously, how does anyone get excited over this garbage?
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.
.
.
.
.
.
I recently heard a Slowlane prognosticator proclaim the effectiveness of "Get Rich Slow" by citing this tasty factoid:
"If at the end of 1940 you had invested $1,000 in the stocks of the S&P500 you would now have $1,341,513."
So lets examine this fact, assuming it is fact.
1) It's 1940 and lets say you are 21 years old.
2) It's 1940 and you are 21 years old and somehow, you got your hands on $1,000 which in today's dollars is likened to about $15,000.
3) You took that $1,000 in 1940's money and done as above.
4) CONGRATULATIONS! It is NOW 2010 and you are 91 years old, the richest guy in the retirement home, a balling wheelchair, and a diamond encrusted pill box, rich with $1,341,513. Or if you were lucky to get your $1000 ON BIRTH, you'd now be 71 years old!
Yes folks, it's time to get excited! "Get Rich Slow" is gonna make you rich!!! (Just ignore your 74 year life expectancy!)
Seriously, how does anyone get excited over this garbage?
.
.
.
.
.
.
.
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