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-- Compounding interst cheated me out of 2 bilion dolloars (http://www.elitetrader.com/vb/showthread.php?threadid=227746)


Posted by lasner on 09-25-11 07:32 PM:

Compounding interst cheated me out of 2 bilion dolloars

Is a 1800% return the same as a 60% return for 30 years. It's the same amount right it equals 1800%. 60% for 30 years.

Will you get the same return if you make a 1800% in 1 year as you would with a 30 year 60% return each year.

The answer that I get is no. I turned $368 into $7,000. That's a 2,000 percent return. If I had made a 2,000 percent return over 30 years at 60% per year it would have turned into 2 billion bucks!

Compounding interest SUCKS!!!!!!! I WANT MY 2 BILLION DOLLARS, I've been cheated by compounding interest!


Posted by spanish89 on 09-26-11 02:43 PM:

Shut your mouth and get back to work, loser...

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