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

Feb 1, 2015
11:20:58am

Acorn

the opportunity cost of your time, or the value of it. Not arguing here, just messing around with your messing around.

LOL Way to get the troops fired up around here...You sneaky little devil you...

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Acorn

Bio page: Acorn
Joined: Nov 25, 2004
Last login: Jun 16, 2024
Total posts: 19,092 (2,243 FO)

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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

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