Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

> What happened to all the investors who intend to live comfortably in their old age?

They got bought out by investors with shorter-term ambitions, because our economy is set up to reward short-termism, so those people end up with more capital (= market power), and this compounds over time.



It's not readily obvious _how much_ more capital you end up with if you make slightly more profitable investment decisions.

Saving $10k per annum and earning 10% on it will make you 1.6 million dollars after 30 years.

If you can get 20% instead, you'll have 11.2 million.

If you somehow managed to get 30%, you'd end up with over 87 million.




Consider applying for YC's Fall 2025 batch! Applications are open till Aug 4

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: