Gone with the Windfall -Stock Market and Savings for 10 Years

You just inherited $1,000,000 from an aunt you didn’t even know existed. What’s the first thing you buy (or otherwise use the money for)?

No, no, no buying folks, more savings! Invest it in the stock market and reap the reward in the next ten years, without actually taking the capital. Do you know that if the stock market perform 10% (the average growth of DJIA) and you leave it there for ten years, it will turn into $2.593.742?

Well i’d rather take it 2.5 million in the next ten years rather than one million now, assuming I will still be alive in the next decade. Anyway, how many goods do we need and will sastisfy us? It is a rat race, and endless pursuit with no finish line.

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About agent909

Kevin is a research analyst at a macro research firm and a private fund manager since 2012. He holds a Master of Management in Finance degree from McGill University and has passed all levels of CFA and FRM exam. Kevin is an avid traveler and photographer, with a record of 33 countries visited in 2016. He is a freelance contributor at Getty Image and is running two website in his spare time, journeyman.live and putamencapital.wordpress.com
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4 Responses to Gone with the Windfall -Stock Market and Savings for 10 Years

  1. Pingback: Daily Prompt: Gone with the Windfall | tnkerr-Writing Prompts and Practice

  2. Pingback: Gone with the Windfall – Inclusive School in the Philippines | Understanding and Embracing Diversity

  3. RaiBal says:

    I’m not banking on being here in ten years, and I don’t trust that market thingy anymore. But, I have to agree it’s a great way to earn income – if you’re lucky enough to have the $$ to invest in dividend-earning stocks that won’t tank or vanish at whim. Saving is awesome if you can afford to do it, though! 😀

    • agent909 says:

      I understand that many people loss their money in the stock market, but look at the chart for the any decades you choose, it always turns positive. If we could just leave it there for a decade and have the patient to do so, we will reap the rewards. I’ve made my mistakes as well, cheers

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