Registered: Sep 2005
09-25-11 07:32 PM
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!