Will Apple Repatriate Profits?

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Re: Will Apple repatriate profits?

billyymc
Harvey wrote
BTW not sure how you did your math, but I am OLD (59) and get paid weekly.  Hope to retire at 65.
Whoops! My bad. Was thinking in terms of monthly.

For 6 years, $70 per week, same assumptions (your investment earning 10% per year), you'll have about $30k more.

Excel does the math for you (assuming you put in the correct numbers!) with the FV function.

In your case FV (future value) = (.01/52, 6*52, -70,0) = $29,886.92.

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Re: Will Apple repatriate profits?

Harvey
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Also I made a pretty big move (for me) to bonds in the last 18 months.  Went from 95/5 to 65/35. So 10% seems pretty optimistic. Also I'd bet that historically the returns for the 5 years after a ten year bull are a lot lower.  While I refuse to act on it, I'm expecting  some reversion to the mean.
"You just need to go at that shit wide open, hang on, and own it." —Camp
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Re: Will Apple repatriate profits?

Harvey
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In reply to this post by campgottagopee
campgottagopee wrote
LOL -- me too!
The LOLGOP logo is pretty funny too

"You just need to go at that shit wide open, hang on, and own it." —Camp
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Re: Will Apple repatriate profits?

campgottagopee
Jealous!
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