The courses walk you through investment principles, investment assets, and portfolio implementation. Simple overview... Get the market return, get it for lowest cost possible, enhance returns by investing where the market historically outperforms, rebalance annually.
That doesn't take into account inflation. Presuming you do keep paying $350/month and not increasing that with inflation, that gives you $1,229,998.43 for 40 years.
If you apply the same U.S inflation rate as seen from 1965 > 2015 to cover a 40 year period, that gives you a cumulative inflation rate of -86.7%, leaving you with the equivalent value in todays money of $163,249.36
You might be a millionaire in 40 years, but you're not going to be rich..
Inflation 1926-2014 was 2.93% annualized
Inflation 1970-2014 was 4.15% annualized
Via IA-SBBI in Morningstar.
You are correct that inflation plays a big role, it always has, it always will. One argument for equites is in their ability to digest inflation (raising prices and returning ever higher earnings). There are many choices here, some simple (S&P500) and some more advanced. End of the day, if you are not making a return ahead of inflation, you are falling behind.
https://VestU.com provides investment courses, model portfolios, webinars for individual investors. We launch in Jan 2016 and are finishing up the courses now. The material is based on our co-founders experience managing investments at the B level for endowments (University of Texas System), Boards (BHI,CAM), and foundations (Meadows Foundation, Others) for over 40+ years.
8% is very generous, I thought 7% was the commonly used figure which gets you 800k in 40 years. When you acount for inflation that is not anything you should consider retiring on.
I can't believe people on a forum such as this are completely financially illiterate. The 7% rate is already inflation adjusted. The nominal rate is about 10%. So plug in a 7% real return. The result will be in 2015 dollars.
VestU.com is a investment education startup. We are focused on providing clear, unbiased investment education for individual investors. The curriculum is based on 45 years of institutional investing for endowments and foundations. We are in private beta with our Kickstarter backers and are now posting some articles public on the site.
1. 5 hours to learn 80% of it
2. 3 Very productive
3. 3 Easy to extend and change
4. Easy to learn, easy to use, simple to understand, and highly productive. It is based on ES5 using getter/setter js features to make N-way bindings and data updates easy. Key was looking at todomvc in less code while being very easy to understand how it worked.
I agree. Txt adds SVGPath support to <canvas> and is how we render glyphs, SVG support would be a great addition to txtjs and many classes would not need to change at all. Rather than render to Canvas, it would subclass SVGElement.
Our use case was web2print and mobile support was a big issue. SVG is great but it has mixed mobile support and performance varies. With <canvas> we are able to control rendering fine grained so when the app is not interacted, it is imagelike in performance.
Most of the features in txtjs can easily be ported to SVG as the primary renderer required is SVGPath. FontLoader/Fonts would require zero change but new controls would need to subclass SVG elements. I am very interested in seeing better text in SVG as well as on <canvas> for creative use.
There were moments in alignment support where I lost a ton of hair and brain cells. The hardest part was getting W3C compliant rendering of SVGPath on <canvas>, after that it was all downhill.
I wrote the beginnings of txtjs on a trip to Bonaire in June. I find I am about 2x-3x as productive writing software during surface intervals while diving than any other time. The diving forces you to relax, think, breath, and you cannot use a computer. When the dive is over, you are 3x productive and things are easier to implement. Also I dive with Nitrox with adds 10% more O2 into the tank, I end up sleeping better, less risk of n2 narcosis, longer bottom times, and I can think very clearly after a dive.
It sounds absurd but I have found I will hit flow more on dive trips than any other time.
I am, although NAUI. Diving leaves me surprisingly sleepy and unmotivated (I don't do any blended air stuff). The idea of cranking out a typesetting engine on a dive boat was a new one. :)
The courses walk you through investment principles, investment assets, and portfolio implementation. Simple overview... Get the market return, get it for lowest cost possible, enhance returns by investing where the market historically outperforms, rebalance annually.