#if I weren't in programming I'd probably be a fiduciary

[respheal]

10mil please, because compounding interest is so OP. This is also a nice illustration of lump sum investing versus dollar cost averaging

Here's the growth over 20 years for both scenarios with all being the same outside of the parameters of the poll:

$1000 every day, immediately thrown into investments:

$10,000,000 immediately thrown into investments:

The 1k per day will not catch up. The interest is too powerful. For the record, I used 3-7% as the possible interest rates, which is conservative for FDEWX over such a long period.

Here's the calc I used: https://www.investor.gov/financial-tools-calculators/calculators/compound-interest-calculator

For the calc, I spit balled 5% as an estimate interest rate with 2% variability. FDEWX, my go-to for brain dead investing (HSA, etc) meets that easily. Actually, 10m opens access to Fidelity's reduced ratio option, which would be even better.

So yeah. 10mil gib

Explain your reasoning plzzz