The Plain Bagel made this video saying that investing consistently into etfs won't make anyone "rich" unless they have a really high income. Most people predict 10% long term index fund returns but his point is that taxes and inflation will bring that return to 5.4% at best... He says he confirms this by his own experience working in wealth management for high net worth clients.
Is he right about this?
Submitted October 23, 2021 at 10:05AM by Zimavishon https://ift.tt/3CabsA4
