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They're Both Wrong - Financial Advisors React to Money Advice on Tiktok

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John Marty

You ever hear the story that goes something like "Invest $5K per year for 20 years in an Index fund and have over $1M? It's not true...

In this video I react to financial advisors reacting to money advice on Tiktok (its like a dream within a dream within a dream), and then I break down how compound inflation destroys wealth over time.

Index fund calculator with a field for Inflation:
https://www.bankrate.com/calculators/...

Long term average inflation since 1913
https://inflationdata.com/Inflation/I...

Average inflation per year since 1979
https://www.worlddata.info/america/us....

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posted by Alchemiel6