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Idea from Patrick Dunne

Patrick Dunne

Title

Why Not Investing is a Huge Mistake

Summary

Many people believe that investing is like gambling. However, the S&P 500 has historically always gone up over time. Putting money in the market is the best way to accumulate passive wealth. A Nerdwallet analysis found that a 25-year-old millennial could put away 15% of their income and retire with $3.3 million.

Author

Patrick Dunne

Keywords

  • investing
  • stock market
  • Links

  • https://www.nerdwallet.com/blog/investing/avoiding-the-stock-market-may-cost-millennials-3-3-million/