Also there are many startups that require zero investment capital and if you do not have a family and you minimise your expenses you can leave on very very little. If you do have a family it's more difficult but still possible.
This is easily the dumbest thing Ive ever heard on this site. Seriously.
Can we guild and save this somehow?
I think most people greatly underestimate the difficulty in investing money successfully.
If you are talking about the amount of time invested ... yes of course there is a lot less time spent investing. However if you are talking about the probability of success I would argue It's not as high as you would think to take $1 million and turn it into $2 million.
Really. Let's hear your formula.
Because the stock market returns 7% per year on average after inflation, which means it takes about 10.2 years for $1 million to become $2 million. What's even better is that this happens behind the scenes - you don't have to do any work for it.
So what's your formula for getting from zero to $1 million in 10 years without doing any work?
Obviously it's less effort to invest in the stock market so if you're talking about the amount of effort then yes investing is easier
It will always return money as long as it exists. How much it will return is debatable.
>>Obviously it's less effort to invest in the stock market so if you're talking about the amount of effort then yes investing is easier
Uh, you said, "In my experience it's much easier to make 1 million then it is to invest 1 million and make another million."
What is this about, if not effort?