"How to become a millionaire" by the German financial magazine €uro:

The graph shows the average yearly return of the German Share Index DAX, depending on when you bought (vertical axis) and sold (horizontal axis).

Conclusion: Holding long enough gives you an average performance of 8.2%, meaning your money doubles every 9 years.

#finance #interesting

Doubling your money every nine years means tenfolding your money in 30 years.

#unintuitive #math #money
(Is tenfolding a word?)