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I suppose you can stick with your math, but I'm damned glad you're not
calculating the interest I earn on my money market account!
As far as inflation, some things are 100 times CHEAPER now. So things equal out.
>I'll stick with my math. There are many ways to look at something.
>
>The power of compounding would seem great until you adjust for inflation
>which I have no figures for but a head of beef sold for 2 to 3 dollars in
>the movies. Some things are probably 100 times as expensive especially real
>estate. So divide 9500 by 100 you get 95. If this voodoo math is right we
>are only about 3.3 times as high as the all time low.
>
>Brent
>> If you take a level of 28, 102 years ago, and compare it to the high, you
>end
>> up with an annualized return of 5.86%, even though the total growth is
>> 33,410%, or 328% per year. Shows you the power of compounding.
>>
>> Regards,
>> A.J.
>>
>>
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