How about 1955 to 1985.

Thirty years , and then factor in inflation?



Originally Posted by Houston_2
Originally Posted by cumminscowboy
Originally Posted by Houston_2
Originally Posted by cumminscowboy
no one truely builds real wealth by stock market investing. don't believe me, ask accountants, ask people who actually made real wealth. They say only .6% of people have a million or more in 401k. stock market investing is mainly about investing for appreciation, its a hope that whatever you buy will be worth more than you paid for it. Why not invest for cash flow instead in other types of investments? worse yet is its likely your 401k investments are taxed when you take them out.

instead of timing the markets, instead of worrying about this or that hot stock. why not seek a true financial education? financial education is NOT taught anywhere in school. indeed academic types normally have notions of financial education that are quite destructive.

My CPA differs grandly from your CPA and mine is very complimentary concerning my IRA and Keogh accounts and what they’ve built themselves up to over time with stock market investing.

I guess I’m the only person who’s ever amassed any wealth via the stock market.

Being an outlier ain’t all bad.

it depends on what you define as real wealth. The IRA and keogh accounts aren't bad, an IRA can really be invested in anything. peter thiel a pay pal founder I think has several billion in his IRA, he invested his shares of paypal in it. Its not the account its the type of investment. most IRA's and 401k are invested in the stock market. like I said stats don't lie only about .6% of people have more than 1 million in their 401k.

real wealth? 250k to half a million a year in passive income. this will take 5 to 10 million in golden goose funds to pull off most likely. If you or someone you know built a fortune of 5 to 10 million $$$ by 401k or IRA investing in the stock market. I personally want to talk to them!!! why because I want to know how they did it. because I can't find anyone who has and I have asked everyone I can think of who would know. from mortgage people who see others taxes to CPA's that do peoples taxes. the only people I see get wealthy in the stock market or those who are some sort of special deal like a private placement before a company goes public. or a public company's founders who take the company public Those people get insane rich.


Cummins I see your point but just for grins look at a chart of the DJIA values from, say, 1982 to 2022.

Last edited by ribka; 06/21/22.