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by runamok
4051 days ago
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> It was recently reported that since 2007, the richest thousand people in the UK have doubled their net worth. Based on the rule of 72 (https://en.wikipedia.org/wiki/Rule_of_72) that sounds about right for that time frame. 72 divided by 8 years is 9% per year. Keep in mind that wealth is probably mostly on paper and could disappear just as easily. |
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