Will my net worth exceed $1 billion USD at any time before closing
@WinstonOswaldDrummond Updated description to "Will my net worth exceed $1 billion USD at any time before closing"
@NiciusB 1M ordinary income + 19% investment return seems doable and gets there in 29 years!
In fact, there might not have been any investor who's ever returned that much for that long at that scale:
@PatMyron this chart is outperformance vs the s&p 500, which has returned 11.25% on average since 1950, reinvesting dividends
Did miss that note on that axis, but the overall point stands that almost no one has ever done that well for that long at that scale.
I've usually seen long term averages around quoted as around 9% with dividends reinvested, but either way there's only a handful of investors that'd count on that chart, and they're some of the most legendary investors of all time