Yes, it’s equally as unrealistic as leaving money idle for 532 yrs.
The only point I was making was that multiplying $5,000 a day by so many years is a silly comparison as it ignores the dominating factors to building wealth.
Billionaires shouldn’t exist but also they don’t exist because they stuff X dollars under their mattress every day.
Not really with that amount of time. Suppose you put away $1,000 a year for 532 years, at 3% you still end up with $225 billion.
The deposits are completely dwarfed by the compounding interest. If you only start with $1,000 and add nothing else but let that original $1,000 compound at 4% you’ll have over $1 trillion.
Yeah, I had to go down to 3% for it to even make sense.
But if you made just 3% interest on your money as you deposit $1,825,000 annually, over 532 years, you’d end up having $410 trillion dollars or more than 2,000 bezos.
You know what this reminds me of? Alex Jones repeatedly lying about the Sandy Hook school shooting and having to pay over a billion dollars after his followers repeatedly harassed and threatened those families.
How is this thoroughly debunked lying by Trump and Vance any different?
It’s shocking to me that I recognize every person on this diagram except for the very center.