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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (73546)4/26/2011 2:23:15 AM
From: elmatador  Read Replies (1) | Respond to of 217786
 
If you'd had taken that $500k, say August 2002, exchanged it at a rate of 4 to 1.

You would had, then, 2 million BRL. You would invest in fixed income. Cool 5% real interest rates.

Today you would take those 2954910,88 BRL
exchange it at rate of 1.57 and would have $1.882.108,84.