Predicted that investing $300 per month for 65 years will result in $8 million, assuming historical stock market returns.
"All you have to do to get to $8 million is invest $300 per month for the next 65 years assuming the stock market does what it's done in the last century which is returned 10 1/2% or 8 1/2% when factoring inflation"
Predicted that investments in the stock market, assuming a 10% annual return, will double in about 7 to 10 years.
"Investments do double but not in a day they double in about 7 to 10 years and that's because the rule of 72 so for the stock market assuming a 10% return which is historically what it has done per year you take 10 divided into 72 to get 7.2 which is how you know"
