Is the main way to become rich creating your own business?And knowing how to run it?
- BryceLv 71 month agoFavourite answer
The historical compounded annual return of the S&P 500 stocks is about 11%. If at age 22 you invest $150 per month in a S&P 500 index fund and it gives the same return, you will have $1,798,043 in 43 years. 50% of new businesses fail in 5 years and 90% do in 10 years.
- Anonymous1 month ago
Yes, that is the main way. SMH