Believe it or not

#1
If someone were to have Rs 100, 42 years back and were to grow at 100% a year , the portfolio would have been Rs 439,804,651,110,400 . :D , just think how many microsoft's you can buy with that :confused:
 
U

uasish

Guest
#2
Then what will happen with 600% consistently ? i have only a 10 Digit calculator. :confused:
 
R

ratan jain

Guest
#3
I have a 12 digit one...still doesnt fit :)

12 years at 600 % at just 100 rs....:)
 

kkseal

Well-Known Member
#5
If someone were to have Rs 100, 42 years back and were to grow at 100% a year , the portfolio would have been Rs 439,804,651,110,400 . :D , just think how many microsoft's you can buy with that :confused:
Who wants Microsoft I'd rather buy a solar, a nanotech & a biotech comp :)

Regards,
Kalyan.
 
#7
If someone were to have Rs 100, 42 years back and were to grow at 100% a year , the portfolio would have been Rs 439,804,651,110,400 . :D , just think how many microsoft's you can buy with that :confused:
dear friends

Gr8.....
Such a foresightedness was not with our parents....well
less than 1% Indian has it (I think, I had quoted much more :p)
but what our parent where unable to do....we can do it.....

I am ready... rather started it quite earlier......;)

have a nice day
JB
 
U

uasish

Guest
#9
Read some where in Net:= How simple interest can effect whenever time horizon increases.

Note: In the case of a monotonically increasing series, such as the balance of a US dollar bank account with daily compounding interest, every price is above all its predecessors. You can make a claim, then, that no matter how you measure it, the trend is always up.



However, in a larger scope, in a world in which the US dollar fluctuates in value relative to other currencies, and in which banks sometimes fail, a bank account may not actually continue to be a long-term monotonic up-trend investment.



Say we compound one penny at a three percent per year interest rate from year Zero-AD to the present. We get about $5.48 * 10^23, or around a half trillion trillion dollars. Clearly someone in those early days has a penny earning interest, per stories of money lenders in temples. That no such investment survives today indicates severe financial setbacks, from time to time, in which people and whole societies experience collapse and have to start over. Compounding interest seems to work pretty well for a few hundred years at a time.
 
#10
Read some where in Net:= How simple interest can effect whenever time horizon increases.

Note: In the case of a monotonically increasing series, such as the balance of a US dollar bank account with daily compounding interest, every price is above all its predecessors. You can make a claim, then, that no matter how you measure it, the trend is always up.



However, in a larger scope, in a world in which the US dollar fluctuates in value relative to other currencies, and in which banks sometimes fail, a bank account may not actually continue to be a long-term monotonic up-trend investment.



Say we compound one penny at a three percent per year interest rate from year Zero-AD to the present. We get about $5.48 * 10^23, or around a half trillion trillion dollars. Clearly someone in those early days has a penny earning interest, per stories of money lenders in temples. That no such investment survives today indicates severe financial setbacks, from time to time, in which people and whole societies experience collapse and have to start over. Compounding interest seems to work pretty well for a few hundred years at a time.
May be we had no banking systems then or nobody invested ...
only money lenders gave loans ...
Moreovers as the rulers and law might have changed, those money lenders or land owners might have had their properties seized/distributed.
Like zamindari system came to end here, etc .
 

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