Welcome Guest
Log In | Register )
You last visited December 7, 2016, 7:02 pm
All times shown are
Eastern Time (GMT-5:00)

Lottery Players Are Spending $100 Per Day Playing The Lottery $365,000 In 10 Years.

Topic closed. 121 replies. Last post 3 years ago by THRIFTY.

Page 9 of 9
4.84
PrintE-mailLink
Jill34786's avatar - Lottery-006.jpg
Windermere, FL/Franklin, TN
United States
Member #50210
March 1, 2007
843 Posts
Offline
Posted: December 1, 2013, 1:45 pm - IP Logged

Who's paying 10% interest???

You can barely get 1%. Maybe 1.5%

I believe Thrifty was referring to stock market returns and not the savings rate at most local banks which doesn't even get you half of 1%.

The overall annualized market return of the S&P is over 12% since it's inception in 1926.

** Some people fulfill their dreams by receiving entitlements from the Government while others wake up and work hard for it! **

    Avatar
    NEW YORK
    United States
    Member #90535
    April 29, 2010
    11979 Posts
    Offline
    Posted: December 1, 2013, 1:52 pm - IP Logged

    I believe Thrifty was referring to stock market returns and not the savings rate at most local banks which doesn't even get you half of 1%.

    The overall annualized market return of the S&P is over 12% since it's inception in 1926.



    Yes. $100 compounding at 10% in an S&P 500 index fund for 145 years will be worth more than $100 Millions dollars.

    US Flag

    PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!