inflation has averaged 5% per year, since 1970

Discussion in 'Stock Market' started by abrere, May 28, 2018.

  1. abrere
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    abrere BANNED

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    that means that any "investment" that does not CLEAR 5%, after tax and ss, is a loser. This 3% stuff isn't worth tying up and risking your money. If I can't make at least 15%, I keep the money in cash, or buy primers, scrap lead, primers for reloading, .22lr ammo, or silver or gold bullion coins with it. 15%, after tax, is just 10%, and after inflation, that's just 5%. Less is definitley not worth risking your money for, or even tying it up. Keep it handy for the real deals that come along, like great old cars at fantastic prices.
     
  2. Toddsterpatriot
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    Toddsterpatriot Diamond Member

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    inflation has averaged 5% per year, since 1970

    No it hasn't.
     
  3. abrere
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    abrere BANNED

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    yes, it has. the govt lies about it and you suck their asses, that's all. The rule of 72's says that if prices double every 15 years, you've had 5% average annual inflation. Prices HAVE so doubled, so you're fos.
     
  4. Toddsterpatriot
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    Toddsterpatriot Diamond Member

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    The rule of 72's says that if prices double every 15 years, you've had 5% average annual inflation

    Thanks...…..for admitting your error (lie?).
     

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