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:) The interest rate isn't mentioned, but its probably around 1%. The funds capital gains were 20%. I'll let you re-read my above posts to figure out where y
by chollida1 11y ago
:) The interest rate isn't mentioned, but its probably around 1%. The funds capital gains were 20%.
I'll let you re-read my above posts to figure out where you went wrong. My email is in my profile if you need help:)
- yummyfajitas 11y agoThe average investment will achieve average returns (== the interest rate to use for this calculation) and as a result one loses NPV(consumption) by investing. Only a tiny fraction of Individual 2's actually manage to do what you are describing.