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Old 03-15-2005, 08:16 PM
M2d M2d is offline
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Join Date: Sep 2002
Location: california
Posts: 660
Default Re: I\'m a trustafarian

[ QUOTE ]
100k after 40 years at 10% = 4.5M
100k after 40 years at 3% = 325,000


[/ QUOTE ]
previous poster is obviously talking about the short term. he's saying that, if op doesn't have immediate targets for spending but anticipates spending a good portion of that money soon, then a low interest/low fluctuation vehicle would be better than a higher interest/higher risk one. I doubt that he, or anyone, disputes the long term value of ekeing out additional points.
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