Doubled every 22 years roughly

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Jul 31, 2020
9:01:53am

Triznaynay All-American

Doubled every 22 years roughly

I hope my investments do better than that.

This message has been modified

Originally posted on Jul 31, 2020 at 9:01:53am

Message modified by Triznaynay on Jul 31, 2020 at 9:02:10am

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Triznaynay

Bio page: Triznaynay
Joined: Aug 29, 2007
Last login: Jun 2, 2024
Total posts: 24,503 (4,841 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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