She turned $180 into $7 million!

Discussion in 'Economics' started by peilthetraveler, Mar 5, 2010.

  1. Correctamundo!!
     
    #31     Mar 6, 2010
  2. Nope. You are not correct. My BA II computer calculates the average annual return to be 15% per year.
     
    #32     Mar 6, 2010
  3. Wrong again, loser! And 20,000 hours of unprofitable screen time makes you quite the loser :p
     
    #33     Mar 7, 2010
  4. I had seen someone make a similar mistake on this board before too, you guys are traders, you have to know this shit

    2010-1935 = 75


    180 x (1+r)<sup>75</sup> = 7,000,000

    (1+r)<sup>75</sup> = 7,000,000/180

    (1+r) = 38,889<sup>1/75</sup>

    1+r = 1.1513

    r = 0.1513

    r = 15.13 % per year
     
    #34     Mar 7, 2010
  5. that's a very crappy rate

    first I don't believe the government numbers, lying is the life of a politician, that is what they eat and breath, so the CPI number is bullshit, so let's assume the CPI rate at, at least 8% per year

    the video says when she died she was 100 years old
    so she bought that shit when she was 25
    if her crap were making her 15% per year then they were actually making her 7% per year after inflation

    if she wanted to sell those shitty shares when she was a fucking fag hag at the age of 50, she would get $5925, even though she had invested $1092 (in terms of USD at her age of 50)

    180 x 1.15<sup>25</sup> = 180 x 32.92 = 5925

    5925 / (1.07<sup>25</sup>) = 1092

    fuck that shit, that's shitty news, she didn't even have any kids, the university benefited from her pathetic existence
     
    #35     Mar 7, 2010
  6. Will my Bre-x shares be worth 7 million some day?
     
    #36     Mar 8, 2010