If you look on your computer at the calculator
There is probably a function of x to the y power.
X^y it may look like
Put in 1.15 for 15% for x
Put in 5 for y.
The answer should be 2.011
The answer should be 2.011
Ie it doubles in 5 periods (years, whatever)
If you are curious, put in 10 or 15
It is 4x and 8x larger.!!
It is quite easy, after the first time and you go "ah ha!"
You are smarter than you realize
Thanks Robert and romansmr2 - so great of you to figure that out for us :) I keep reading returns are going to be low for the next decade...
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Posted by: robert winfield <winfield100@yahoo.com>
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Neither the TSP Strategy group, nor individual members, are licensed or authorized to provide investment advice. Any statements made herein merely reflect the personal opinions of the individual group member. Please make your own investment decisions based upon your personal circumstances.
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