How do people afford...

edeeZee · 07-22-2009, 05:26 PM

compound interest = [initial outlay x 1.xx^how ever many years] - initial outlay

CPI=consumer price index; this generically indicates how much stronger or weaker your dollar has become after 1 year

Average inflation for the U.S. is 3%. If it is higher than this one year, and you do not earn more money, then your buying power is weakened.

U.S. large cap stocks historically return 8% per year.

Why are we digressing trying to 1-up each other about who's more money savvy or business-educated? This thread was about some person, who claims to be stock-savvy, but is considering an "investment" that goes backward i.e. a car with modifications that cannot earn you money. Who cares if this guy thinks he's an expert, let him think so.

The TS is laughing at how most of us look like monkeys on a leash. I bet he's like nurburing, that guy who supposedly smashed a Z on a test drive. You're playing his game by getting worked up.

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07-22-2009, 05:26 PM	#36 (permalink)
edeeZee Track Member Join Date: May 2009 Location: s. cali, los angeles Posts: 627 Drives: 09 370z plat 6 speed Rep Power: 266	compound interest = [initial outlay x 1.xx^how ever many years] - initial outlay CPI=consumer price index; this generically indicates how much stronger or weaker your dollar has become after 1 year Average inflation for the U.S. is 3%. If it is higher than this one year, and you do not earn more money, then your buying power is weakened. U.S. large cap stocks historically return 8% per year. Why are we digressing trying to 1-up each other about who's more money savvy or business-educated? This thread was about some person, who claims to be stock-savvy, but is considering an "investment" that goes backward i.e. a car with modifications that cannot earn you money. Who cares if this guy thinks he's an expert, let him think so. The TS is laughing at how most of us look like monkeys on a leash. I bet he's like nurburing, that guy who supposedly smashed a Z on a test drive. You're playing his game by getting worked up.