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13,169 Posts.
2809
09/08/20
15:24
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Spooky
some guru bought a house in 1975 for 120 k NZD I think he said and now worth 1.2 million NZD
Well done I say however it can’t be beaten? Wtf
forget rent- repairs- taxes- insurance agents fees- capital repairs- time to manage- etc etc etc etc
let’s look at the mystery guy in oz
some other guys dad in 1975 In oz spent 120 k oz and bought some gold along with other stuff - but let’s look at his gold investment
spooky - calculation but stick Wif me !!!
He spent 120 k in oz on
for that money He got 666.66 oz of gold( wierd )
(120 k/180 per oz)
anyhooo guru in nz says he made 1.2 m
Not bad - for sure
the idiot old man in oz has 666.66 oz of gold in his cupboard behind his West bix-
today worth 1.896 m Aud
(666.66 times 2843 aud per oz)
again depends what ya want and when you get in and out
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