Do you agree it’s much more possible to get rich slow than to get rich quick?
That said, perhaps a good mutual fund should show along with balance the estimated future value of the account balance at a future time. That way you feel rich sooner
People who try to get rich quick often fail and have to start over... while it does happen, for most people starting by building with reliable investments and compounding over time is the most likely way to build wealth.
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People who try to get rich quick often fail and have to start over... while it does happen, for most people starting by building with reliable investments and compounding over time is the most likely way to build wealth.
You can do the math yourself...if you want to "feel" more rich...
No if you are a competent commodity investor.
yes
If you could predict the stock market correctly a year from now you wouldn't need a mutual fund because you would be fabulously wealthy
Nobody ever got rich quick