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Comment by nickthemagicman | Hacker News Reader

'Its easier to make a million starting from zero than make a million starting with a million' is the essence of what you just said.

This is easily the dumbest thing Ive ever heard on this site. Seriously.

Can we guild and save this somehow?

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Are you talking from your own experience? I am. I made a million dollars and it wasn't easy but it was actually a lot more difficult to invest $1 million and make more money with it. I personally found it a lot more difficult.

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.

So are you arguing that once you make a million, there are factors that will stop you from getting to 2 million? Kind of confused how it could get harder to make more money. Once you are at a million you can leverage that money as well as doing whatever it is you did to make the original money..

Yeah but the point of the post had nothing to do with the difficulty of investing....what are you even going on about?

He may be talking about loaning the first million from bank.

Maybe, but I would argue it's probably a bit easier to get a $1m loan if you already have $1m in assets to use as leverage.

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