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re: Games of Skill - "Casinos" Skyrocketing in Arkansas
Posted on 2/9/14 at 5:45 pm to SunHog
Posted on 2/9/14 at 5:45 pm to SunHog
quote:
Tech, do you even know what you are doing with your own math? Please continue to argue against excel and financial equations loaded into every financial textbook.
So are you telling me I'm wrong?
If a person puts $2k into an account which gets 10-12% interest from 19 years of age to 26 years of age....stops putting the initial $2k in and just reinvests the interest back into that account until they're 65....you're telling me they will not have $2-2.5mil by 65?
1
Posted on 2/9/14 at 5:52 pm to Hawgeye
quote:
Hawgeye
You just want to argue today. You blatantly called out my equation with the word, No.
Now I posted the formula and you only want to focus on your question ignoring my original post of 10% investment over 40 years.
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