Stock market charts you never saw (2021)
If I was alive in 1923 and stashed away $8 million in  ̶c̶a̶s̶h̶ (Edit: 100y bonds) would only be worth about $140 million today.<p>Had I put it into some fancy ETF (Recall Vanguard dates back only to 1975, but whatever) I'd be a billionaire.<p>That's it, that is the entire difference of less than an order of magnitude. Don't reckon the nickels and the dimes matter much to centenarians.<p>Most people don't even have $8000 to invest so they plow it all into crypto and beanie babies and we scoff at them trying to x10. Food for thought. Memento Mori.<p>Edit for clarity: I obviously didn't mean stash cash under the mattress. Sorry for the confusion.