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Warren Buffet explains how one could've turned $114 into $400,000 by investing in S&P 500 index.

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Warren Buffet explains how one could’ve turned $114 into $400,000 by investing in S&P 500 index. Power of #passiveinvesting

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49 comments
@edplax1

THERE WAS NO S & P
INDEX THEN. IT DIDN'T START UNTIL 1957. JUST ANOTHER LIE FROM BUFFET

@kenengel620

Where on earth did he get over $100 at age 11? Must have saved every dollar he got on Christmas and birthdays his whole life.

@7628739

All that money and you can't take it with you when you die.. what ashame

Anonymous

If you put $1000 in the stock market today for each of your kids when they are born. (DON'T TELL THEM) Have a lawyer gift that to them on their 60th birthday, you will have guaranteed their retirement. That's a gift.

@spacedeustcheusa3480

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@zacherymcclain980

That is roughly $2400 when calculating for inflation in today’s money. I’m 25 and don’t have $2400 to invest, I couldn’t imagine having that at 11!

@zubinix

100 dollars was a lot of money 1942. Where did an 11 year get so much money from, parents?

@pyramidtrader1

If it goes up that much in the next lifetime, the only way I see it would be under a hyperinflation. Too much of a good thing is a bad thing. There are multitudes of $114.17 today as compared to 1942 when the United States was entering ww2. The money supply would expand beyond all reason. We need a generation bear market in order to save the country.