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Most reasonable people will not have enough conviction to make a serious amount of money even if they’re right. I think a better question is how much would you have invested to make $500k/ $1mn (or whatever a life changing sum is for you) on the investment then you can consider whether you had the stomach to do that.

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By the way, a "Reverse Mode" (calculating the initial stake needed to hit exactly $1M) is actually a brilliant idea.

But to your underlying point - it's the hard truth. People often act like they have infinite time and keep putting decisions off for "later". And then, boom - your peak earning years are behind you, boom - you're 70. This terminal is basically a receipt for that exact kind of procrastination.

It is sort of brilliant (thanks btw) but also stupid to think about. It is easy for people to simply put a sensible monthly amount in a low cost fund and given enough time and steady contributions make life changing amounts of money (early retirement, house upgrade, child’s school or college paid for etc). And all without needing to take a big bet at any point.

You are welcome:)

This works as long as everything is good and stable, at least with the economy. But in the long run (decades), it still works. You just have to survive.

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