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BouncyEgg t1_j6ory3d wrote

Reply to comment by LR_111 in Getting 1,000 for my son by JonathanLee73

> you give me another $1200 dollars that is just lost in the sauce.

I would challenge this calculation.

The OP is looking at a time horizon of 20 years.

Properly invested, the value of 1K will likely far exceed 1.2K.


LR_111 t1_j6osppz wrote

Okay I will edit to 6k.