tag:blogger.com,1999:blog-6976144462093297473.post5174169878799970890..comments2024-03-26T19:10:00.791-04:00Comments on West Coast Stat Views (on Observational Epidemiology and more): XKCD on investingJosephhttp://www.blogger.com/profile/10760453165301871031noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-6976144462093297473.post-89945981761999326882011-09-05T11:37:24.675-04:002011-09-05T11:37:24.675-04:00The key to compound interest was either:
1) high ...The key to compound interest was either:<br /><br />1) high rates of return (~8%) that were only available for a short period (basically, the Baby Boom trying to buy up assets for retirement so too much money was chasing too few investment vehicles<br /><br />2) Shockingly long periods of time. Even this start to look suspect at 2% real rates of return (doubling time = 36 years). <br /><br />Currently, I am in the happy position of having put more money into TIA-CREF than my account is valued at. I understand investment horizons but I also understand "off to a bad start". :-)Josephhttps://www.blogger.com/profile/10760453165301871031noreply@blogger.com