Welcome Guest

He said bond markets.....

Posted on: April 30, 2012 at 08:13:46 CT

SparkyStalcup MU

Posts:

3131

Member For:

1.55 yrs

Level:

User

M.O.B. Votes:

Unless you're going to take a chance of Portuguese bonds at 11%, normally the safe play is American 10-year bonds...currently just below 2%. Which means your $5000 will take 35 years to double.

Please explain why this message is being reported.

REPLY

MESSAGE THREAD

there is only one "private" ssi scheme - kbit MU - 4/29 20:18:48

at 5% is basiclly doubles every 10 years - tigerinhogtown STL - 4/30 00:04:25

At 5% it actually doubles every 14.2 years - SparkyStalcup MU - 4/30 08:10:18

Use the rule of 72. Take the interest rate, - GA Tiger MU - 4/30 06:49:47

Those are two pretty big assumptions. - Alferd Packer MU

- 4/29 20:49:29

To comment on only the math, it is basically correct. Which - GA Tiger MU - 4/29 20:36:12

fred mentioned compound interest as the key to the concept - kbit MU - 4/29 21:52:47

Compounding interest is the trick. - ArnoldBabar MU - 4/29 22:09:26

He said bond markets..... - SparkyStalcup MU - 4/30 08:13:46

over the course of 65 years? - SoCalTigr UM - 4/29 23:06:42

Tell me what 1% over 65 years is, Einstein. - ArnoldBabar MU - 4/29 23:16:00

Just doing it in my head, I say it'd be worth at least $9200 - GA Tiger MU - 4/30 06:52:56

tell me what it would've been over the last 65 years. - SoCalTigr UM - 4/29 23:21:04

LOL. - ArnoldBabar MU - 4/29 23:30:09

why? - SoCalTigr UM - 4/29 23:32:25

I posted something like that the other day. - SoCalTigr UM - 4/29 20:32:44

Because it makes no sense. Otherwise, you're smart. (nm) - ArnoldBabar MU - 4/29 20:56:09

why wouldn't it make sense? - SoCalTigr UM - 4/29 21:24:35