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

Sign up, and CougarBoard will remember which categories you want to view. Sign up

Report problem with this ad

Feb 1, 2015
10:39:31am

MightyFreakingCougar

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

This message has been modified

Originally posted on Feb 1, 2015 at 10:39:31am

Message modified by MightyFreakingCougar on Feb 1, 2015 at 10:40:27am

Report problem with this ad

MightyFreakingCougar

Bio page: MightyFreakingCougar
Joined: Oct 8, 2012
Last login: May 5, 2024
Total posts: 2,907 (75 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