Keep in mind it was a gift entity investing the money, not private... Lucky there was any left after 200 years.

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Jul 31, 2020
10:09:43am

Real G Man All-American

Keep in mind it was a gift entity investing the money, not private... Lucky there was any left after 200 years.

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Real G Man

Bio page: Real G Man
Joined: Oct 9, 2009
Last login: Jun 14, 2024
Total posts: 10,940 (20 FO)

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Messages

Author

Time

An idea for some of you..surprised at the ROI though

greatbam

7/31/20 8:55am

$4,000 turned in to only $2 million over the course of 200 years? That seems like a terrible return.

Pimpin4Paradise

7/31/20 8:58am

It's an interesting idea though. Better to put it into a trust with a smart

greatbam

7/31/20 9:00am

What rate would that be? Too lazy to do the math

cougaman

7/31/20 9:00am

Roughly 3.1%. I guess it has paced inflation, but that's about it.

Pimpin4Paradise

7/31/20 9:02am

Doubled every 22 years roughly

Triznaynay

7/31/20 9:01am

If it had achieved a reasonable return of 6%, it would be worth nearly $600 million. If it had paced the stock market

Pimpin4Paradise

7/31/20 9:06am

Keep in mind it was a gift entity investing the money, not private... Lucky there was any left after 200 years.

Real G Man

7/31/20 10:09am

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