4 ms·
Ah, yeah I was assuming he meant this year (0% interest) plus 9 additional years of x% interest. I see now that I should have given him another year. Okay, so
by tansey 16y ago
Ah, yeah I was assuming he meant this year (0% interest) plus 9 additional years of x% interest. I see now that I should have given him another year.
Okay, so he only has to return 10% annually. Still extremely difficult. :)
- vessenes 16y agoMany, many value investors have easily beat 10% p.a. over extremely long investment periods. Very very few people who market themselves as investment advisors successfully deliver these returns to their clients, net of fees and taxes.
- tansey 16y agoMaybe from 1950-1999. I do not know of many value investors who returned 10% annual over the last 10 years.