>>60605400
Starting with $1,000 and gaining 1% per day gets you to $110 trillion on year 7 = entire world's GDP.
Put another way: if someone invests $500 a month over 35 years to retirement,
at 5% per year he ends up with $550k
at 7% per year he ends up with $800k
at 9% per year he ends up with $1.17 million
This is why fees hurt.
And this is why Warren's 20% annual return is so insane.
