Thread: Waste.
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Old 10-03-2016, 01:58 PM
Scocs Scocs is offline
Scott
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Quote:
Originally Posted by Mdmtx View Post
Just an FYI. If you placed 1 billion in the bank and could only get 4% compounded ANNUALLY you would earn $109,589.04 in interest daily. Let that sink in. Daily. Plus whatever the person did to create the billion to begin with. To assume a billionaire wouldn't/couldn't make this kind of purchase is short sighted. Looks to me like he/she could buy 2 a week and never touch their principal, including shipping.
You're missing the point. No one said the person couldn't buy it (or ten of them). It's that the person SHOULDN'T.

The billionaire could afford a gold toilet too -- that's just called hedonism and gaudy decadence...
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