$15,000 to spend on 1-5 cards...WWYD?

raulus · #1 10-22-2022, 05:06 PM

Quote:

Originally Posted by Peter_Spaeth

Great chart, but does the typical way one talks about annual return take into account some notion of compounding, in which case the annual returns would be somewhat lower?

I�m sure you get tired of me pointing it out, but does the chart also assume zero selling costs?

Peter_Spaeth · #2 10-22-2022, 05:08 PM

Quote:

Originally Posted by raulus

I�m sure you get tired of me pointing it out, but does the chart also assume zero selling costs?

Am I right or wrong on the first point, you're a numbers guy and I'm just a lawyer?

raulus · #3 10-22-2022, 05:16 PM

Quote:

Originally Posted by Peter_Spaeth

Am I right or wrong on the first point, you're a numbers guy and I'm just a lawyer?

Just based on a quick look, the math appears to be an annual return.

For example, for the first item, going from ~$1,500 to ~$15,000 from start to finish would be about a 1,000% return in the aggregate. So since we�re dealing with about 16 years, it�s going to be a lot less on an annual basis with annual compounding. I would have expected less than the 137% quoted here, but certainly a return approaching 80-100% per year.

Maybe when I�ve got my laptop handy, I can double check the math instead of just trying to do it in my head. Or one of the other math savants loitering around here will beat me to it.

BobC · #4 10-22-2022, 05:22 PM

Quote:

Originally Posted by raulus

I�m sure you get tired of me pointing it out, but does the chart also assume zero selling costs?

And don't forget the taxes!

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
$100 to spend on a nice lot of cards. Need at least 1 PSA HOF RC	ctownonline	1950 to 1959 Baseball cards- B/S/T	3	05-12-2015 10:53 AM
OT: Would You Spend $400,000 for cards that you have not seen?	Buythatcard	Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions	9	08-29-2014 08:01 PM
WWYD if the PO lost 28 packages you mailed	T205 GB	Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions	16	04-23-2013 10:59 PM
Advise Needed.. WWYD?	bcookie	Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions	35	06-26-2012 07:03 AM
What % do you spend on cards?	Archive	Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions	20	11-24-2005 10:02 PM