Quote:
Originally Posted by Peter_Spaeth
Right. It's geometric, not arithmetic. Those are still nice returns but we need to keep it in perspective and apples to apples. I doubt there is any investment that generates a 70 percent annual return over time.
https://www.investor.gov/financial-t...est-calculator
The beauty of compounding, illustrated. |
And most of that return came during the pandemic. Prior to that point, your return was low to mid single digits on an annual basis.
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Trying to wrap up my master mays set, with just a few left:
1968 American Oil left side
1971 Bazooka numbered complete panel
Last edited by raulus; 10-22-2022 at 04:58 PM.
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