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Stephon Gilmore absent from mandatory minicamp


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8 hours ago, Matts4313 said:

Yeah, most those guys get caught up in some get rich ponzi scheme. But thats not really the point of the question, is it? 

When he mentioned compound interest, you thought he was talking about CDs? C'mon man. The DJIA has nearly doubled in the last five years. A standard index fund isn't considered that risky, especially for a younger investor.

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1 minute ago, childofpudding said:

When he mentioned compound interest, you thought he was talking about CDs? C'mon man. The DJIA has nearly doubled in the last five years. A standard index fund isn't considered that risky, especially for a younger investor.

I already explained this... 

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1 hour ago, childofpudding said:

Nah, you just showed how you incorrectly inferred what he meant when he said "compound interest"

 

On 6/14/2021 at 5:39 PM, Matts4313 said:

Obviously a different story if you invested it; but that has inherent risks.

 

11 hours ago, Matts4313 said:

Bank CD's are often referred to as the "Risk Free Rate" due to being federally insured and would be applicable to use as a base for Skippys question. 

As I said... I explained it. Obviously we could use the SOP of 6%, a blended portfolio, historical inflation, or any number of other interest rates. I chose the most conservative simply because it is considered the RFR. 

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17 hours ago, Matts4313 said:

 

 

As I said... I explained it. Obviously we could use the SOP of 6%, a blended portfolio, historical inflation, or any number of other interest rates. I chose the most conservative simply because it is considered the RFR. 

Again: When he wrote "compound interest," did you think he meant CDs? Obviously he didn't mean that, but you decided to cite those rates.

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