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Old 10-26-2020, 08:25 AM   #13
60 Deluxe
Ten Point
 
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Join Date: Sep 2012
Location: Coke County
Hunt In: at home
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Time is your friend. If I ever figure out how to live 600+ years, I'll invest a penny. LOL
8% compound interest is the kicker. There were a few years that it was easy to get that but with today's cheap money Federal Reserve Bank rates, sub 1% is much more common. When people can get thirty year mortgages in the mid 2% range, 8% is not realistic without big risk.
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