• marketsnodsbury@lemm.ee
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    1 month ago

    Anyone else find it slightly annoying that the main picture Fortune chose for this article is a 2005 dime?

  • Kaiyoto@lemmy.world
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    1 month ago

    I’ll never understand why anyone would spend half a million on a dime with no s.

  • Waldowal@lemmy.world
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    1 month ago

    That’s about 4.38% annual return over 40 years. Not terrible, but could have done better investing in something else.

    EDIT: The brother paid $18,200 for the dime. But my original number of 4.38% was off because I used the inflation adjusted $90k cost. More accurate number is 8.64%.

      • Waldowal@lemmy.world
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        1 month ago

        My numbers are off, but I think you missed the part where they paid $18,200 for it. I had used the inflation-adjusted $90k previously. Using $18,200, the ROI is 8.64% - which isn’t too bad.