Originally Posted by
allangering
If you take those $700 each month and invest them in an 8 percent annual return, it'll really add up. You'll have enough to do something like make a down payment on a house-$18,153-after two years. Five years of car-free living will net you enough.
What do you spend for alternative transportation modes, or is your (and your family's) time/comfort worthless and/or do you/they never venture beyond the range of your trusty bicycle, in order to invest all your "saved" money in guaranteed 8% investments??
BTW,
Why settle for such piddly returns with your straw man "investment" scheme?
If you invest $700 each month at a 50% return, it'll really add up even more. Send your $700 to me for a sure thing. Call me.
Bernie M.