View Full Version : Finance folks.....
mrvette
11-06-2017, 6:12pm
Curious question,.....suppose one had say 200 grand in liquid assets maybe 30 years ago, with decent investment fund mgmt. over that time period ....
What would be a decent conservative value to the fund today???
99 pewtercoupe
11-06-2017, 6:23pm
Using the rule of 72...assuming a 5% return the 200k would have doubled in just over 14 years. Taking that new amount (400k) over another 14 years would put it at approx 800k Adding another year or two to that would probably be pushing close to $1M
1.06^30=5.74349
200000 * 5.74349 = 1,148,698, or thereabouts.
lspencer534
11-06-2017, 8:53pm
Put the money with me, and I'll guarantee 20% return every year! But I'm hard to contact after I get your money...that just means I'm busy making money for you!
polarbear
11-06-2017, 11:22pm
Curious question,.....suppose one had say 200 grand in liquid assets maybe 30 years ago, with decent investment fund mgmt. over that time period ....
What would be a decent conservative value to the fund today???
As a reference point, the Dow Jones Industrial Average closed at 1939 points on this day in 1987. It closed at 23548 today. So if you had indexed that return (no better, no worse), your $200,000 would be worth $2,428,866 today- plus any dividends you might have accumulated over that time.
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