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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: David Jones who wrote (5760)10/1/2002 6:09:07 PM
From: Jim McMannisRead Replies (1) of 306849
 
RE:"Sense 1990 I have tripled my net wealth all on what you call a lousy 4.78 compound increase. I call the reality."

How'd you do that? The rule of 72 says your money will double every 15 years at 4.78% interest.
72/4.78= 15

Compound will get you a little less time for the double.
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