How does a 19 year old have $1,500 in 1972?

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#19

06-09-2011, 10:09 AM

barrysloate barrysloate is offline

Barry Sloate

Member

Join Date: Apr 2009

Location: Brooklyn, NY

Posts: 8,293

If you bought a decent Wagner for $1500 in 1972, I don't even have to pull out my calculator to tell you you've done really really well. Not everybody can pick exactly the right stock or commodity, and seems like the rate of return on that Wagner is as much as any of us could hope for. Why quibble?

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