Always good to perform a basic sense check: If you buy something for $60K, what compound annual growth rate gives $95M after 46 years? The answer is 17.36%. Formula here.
That’s quite a good annual appreciation over such a long time. However the real appreciation rate will be much lower after taking into account high inflation during the 70s and 80s.
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Always good to perform a basic sense check: If you buy something...
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