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

Sign up, and you can customize which countdowns you see. Sign up

Report problem with this ad

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.

Report problem with this ad

Real G Man

Bio page: Real G Man
Joined: Oct 9, 2009
Last login: May 21, 2024
Total posts: 10,906 (20 FO)

Report problem with this ad

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

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