Thread: Imagine if you bought gold in 1980!
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Old 08-19-2011, 10:42 AM  
signupdamnit
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Quote:
Originally Posted by WarChild View Post
If you put $10,000 in a relatively low yield safe investment returning just 4% per year 30 years ago, it'd be worth $32,433.98 today. That's the magic of compound interest.
Yes but doesn't inflation eat an average of 3% per year?
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