Oh Byron, there's a reason you became a lawyer.

Sign up, and you'll be able to vote in polls. Sign up

Report problem with this ad

Feb 1, 2015
9:18:12am

My Soapbox

Oh Byron, there's a reason you became a lawyer.

This message has been modified

Originally posted on Feb 1, 2015 at 9:18:12am

Message modified by My Soapbox on Feb 1, 2015 at 9:33:36am

Report problem with this ad

My Soapbox

Previous username: smilemaker
Bio page: My Soapbox
Joined: May 22, 2008
Last login: Jul 26, 2017
Total posts: 5,484 (1,321 FO)

Report problem with this ad

Messages

Author

Time

How to generate an infinite return on investments. Infinite return is based on

My Soapbox

1/31/15 11:36pm

sounds like welfare to me

Cougarclaw

2/1/15 12:12am

This is silly. You aren't considering the project/investment as a whole

MightyFreakingCougar

2/1/15 2:36am

I'm sorry you feel that way? It is based on the internal rate of return

My Soapbox

2/1/15 4:45am

Haha, that 0 is very significant.

Byron McNertney

2/1/15 9:05am

Oh Byron, there's a reason you became a lawyer.

My Soapbox

2/1/15 9:18am

I don't know what that reason would be since I'm actually a CPA, CFP. I'm VERY

Byron McNertney

2/1/15 9:39am

I never said that it was a formula. There is a widely accepted formula for

My Soapbox

2/1/15 10:16am

Your math isn't the only thing that's Fuzzy

MightyFreakingCougar

2/1/15 10:32am

But he borrowed the money so that means he got the property for free.

Byron McNertney

2/1/15 10:34am

I'm sure he's a great guy but I now rescind the offer to manage my assets.

MightyFreakingCougar

2/1/15 10:39am

No it's not. IRR is specifically derived from capital outlay--there was no

My Soapbox

2/1/15 3:31pm

I just plugged in some numbers using the ratios you gave and calculated an IRR

Byron McNertney

2/1/15 10:48am

I need a burger and a beer (root) now. Reading all these numbers made me hungry

WDaddy

2/1/15 11:06am

Your calculation is way off. I'll show you, but I have a hard time believing tha

My Soapbox

2/1/15 4:26pm

Haha, dude, you're awesome.

Byron McNertney

2/1/15 4:29pm

Since you called me incompetent and I'm depressed about the Super Bowl, I'll

Byron McNertney

2/1/15 10:13pm

This really isn't that hard.

Y'zFan

2/1/15 10:35pm

Yeah, it's mostly semantics. I just didn't want to talk about the Super Bowl.

Byron McNertney

2/2/15 7:40am

I still think you are missing the point.

Y'zFan

2/2/15 9:02am

User Error

MightyFreakingCougar

2/1/15 10:07am

I am very conservative with other people's money. It was an attempt

My Soapbox

2/1/15 10:29am

theft is a great way to get infinite return on investment

BYUtiful

2/1/15 10:07am

While I don't disagree with your basic premise, it of course overlooks

Acorn

2/1/15 11:20am

if you mug rich wimps who are in the path you would have taken anyway

BYUtiful

2/1/15 2:00pm

I agree that there are substantially more factors in a true IRR calculation, but

My Soapbox

2/1/15 3:25pm

💸💸

MightyFreakingCougar

2/1/15 4:36pm

💸💸

MightyFreakingCougar

2/1/15 4:48pm

This guy explains it quite well so you can argue with him now.

My Soapbox

2/2/15 6:13am

I don't think any of us disagreed with the principles you're describing. It's

Byron McNertney

2/2/15 10:16am

Report problem with this ad

Posting on CougarBoard

In order to post, you will need to either sign up or log in.

Report problem with this ad