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#11
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$12.5M compounded at just 8% (conservative estimate), over five years, equals $18,366,600.96. This is almost a 47% return.
$12.5M compounded at 10% (average historical return), over five years, equals $20,131,375. This is over a 61% return. I know it's impossible to predict the card market, let alone the stock market, but I just don't see this card appreciating more than 61% in 5 years - making it a great investment. The card will probably appreciate overtime, but I think the biggest upside is already baked into the cake. I know this analysis is probably moot. The person who purchased the card probably has enough money that the investment analysis doesn't matter. I mean, what is $12.5M to a billionaire. |
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