Left or right-handed?
kambusha
Historically, investing in a broad-market index fund has seen 8-12% annual returns. Average inflation in the US has been around 2-3%. Subtract another 3-4% for taxes, and you're still making at least 3%.
Anyways, the point is more about the fact how powerful saving & compounding is. Save early in life, and try to not inflate your lifestyle too much, and then you can technically reach financial independence.
Save & invest 50% of your paycheck for 10 years, and you could technically retire (as long as your cost base does not go up).
I never really got that one, because "left" vs "right" only works when you are looking at the top of the screw. At the bottom, left tightens, and right loosens. So the one I remember is "clockwise to close".
Edit: the image on the post is actually a good example. If I'm off the screen to the right holding the spanner, then from my perspective, "left" would tighten.
Moist.
Office Space 2
You'll Never Walk Alone. It's liverfool football club's motto. They sing it at every game. People get it tattooed.
Did you see that ludicrous display last night?
Title goes in square brackets, link goes in parentheses
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I'm not sure anyone called it significant gains?
Anyways, 50% is really just an example to show what can be possible through saving & investing. Saving any amount of money, at a regular rate, can quickly become more than you think, when compounding is in play.