Have you ever wondered why vampires are always portrayed as rich? Well, I recently saw a tweet that got me thinking about it, and it turns out there’s a lesson to be learned about the benefits of compounding returns on investments.
The tweet went something like this: “Why are vampires always portrayed as rich? They live for centuries and have plenty of time to invest in the stock market.”
At first, I chuckled at the thought of vampires checking their stock portfolios between bloodsucking sessions. But then, I realized that there’s some truth to this tweet.
Think about it: if you invested just $1,000 in the stock market in 1928 and left it there until 2021, your investment would be worth over $18 million. That’s the power of compounding returns.
Now, let’s say you’re a vampire and you live for centuries. You have plenty of time to invest your money and let it grow. And since you don’t age, you don’t have to worry about retirement savings. You could literally live off your investments forever.
Of course, there are some downsides to being a vampire investor. For one, you can’t go out in the daytime to check on your stocks. And if you’re too successful, people might start to wonder how you’re able to afford your luxurious lifestyle.
But if you’re willing to keep a low profile and stick to a long-term investment strategy, you could become one of the wealthiest vampires in the world. And who knows, maybe one day you’ll even start your own investment firm – Vampire Capital Management.
In conclusion, while the idea of vampires investing in the stock market might seem silly, there’s a valuable lesson to be learned here. Compounding returns can turn a small investment into a fortune over time. So whether you’re a human or a vampire, it pays to start investing early and let your money grow. Who knows, you might even live forever off your investment returns!
Thanks for reading this all the way, here’s a bonus kicker – my favourite response to the tweet:
