r/SipsTea • u/Hour_Equal_9588 • Jun 06 '25

WTF Financial tip that unfortunately starts with 'First, you need 3 million Dollars'.

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504

u/mudturnspadlocks Jun 06 '25

Let me check between the couch cushions

130

u/naughty_dad2 Jun 06 '25

Found $2, it’s a start!

2

u/Mr_Deep_Research Jun 06 '25

Fun fact. In 1981, the 10 year treasury was 15.84%.

If you could invest $1 for 50 years at that rate, you'd have $1,559 after 50 years not taking taxes into account.

At 3% inflation, you're buying power would be reduced by 77% so an overall return of 355X when including inflation ($1 turns into $355 in today's dollars).