4 ms·
Cool but although I agree with the general message : "The market returned 214.6% during this period or 21.05% annually." This simple math statement is wrong a
by dnpp123 7y ago
Cool but although I agree with the general message :
"The market returned 214.6% during this period or 21.05% annually."
This simple math statement is wrong and makes me wonder about this website accuracy.
edit : yes this was for a period of 9 years on the market which should be around 9% annual returns instead.
- thaumasiotes 7y agoI don't see that text on the page. Was it a 6-year period? If so, the accuracy is basically perfect. (21.05% annual growth will return 214.6% after 5.9996 years.) Otherwise, weird. > edit : yes this was for a period of 10 years on the market which should be around 8% annual returns instead. How did you get a period of 10 years? It runs in 3-year increments.
- andreareina 7y agoYou get some text in the Results box after you finish.
- andreareina 7y agoThat would be right for 6 years, assuming 214.6% return means that you finished with 3.146x the starting amount.