Thanks. Too many FReepers are innumerate and it’s a problem in the general population as well.
Quote-Thanks. Too many FReepers are innumerate and it’s a problem in the general population as well.
I see it too. I still can’t get a good answer from anyone why His Holy Word instructs what was, is or will be done on His 3 types of days (instead of 2) in Ezekiel 46..
1. New Moon Days- gate opened
2. 6 Work Days-gate closed
3. Sabbath-gate opened
He separates New Moon Days from His 6 Work AND His Sabbath.
That count would then be to 8, not 7. Unless the Word is misprinted.
It seems the whole world doesn’t count too well.
Here's is your claim:
Trump started with about $100 million in 1968. That’s about $671 million in today’s dollars.
During the 20th century the stock market returned an average of 10.4% a year. We’ve accounted for inflation above, so investing $671 million over 45 years at 10.4%/year gets you to $57 billion.
You can't inflate the 1968 dollars and then magically put that amount into the stock market and base your expected growth off that. Simply not possible.
When you put $1 into the market, and the market doubles, you end up with $2. If inflation cuts the value of that dollar in half you still have the $2, even though it now only buys as much as your original $1. If deflation were to make the dollar double in value, you would still have $2 based on the investment above, but it would have the spending power of $4 compared to the original $1. It doesn't change whether the dollar is worth more or less.
Bottom line: Your "math" is seriously flawed. You can't take the original investment number and apply potential inflation to it to get your original investment amount.
You should leave FR and go elsewhere. Get around people who will be impressed by your great judgment and intellect.
Apparently, you are even better than the whole population.
Get over yourself