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6/26/2025, 6:14:47 AM
>>508755864
>what is opportunity cost
gold was worth $20.67 per troy oz in 1929
= $664.67 per kg
Investing 6.6k in the S&P 500 assuming an average annual return of about 10% in 1929 would yield today:
A=6,647.70×86,706.47≈
576,161,882
That's 576 MILLION dollars
Today, 10kg of gold is worth about 1.085m dollars
compound interest >>>> boomer bitcoin
>what is opportunity cost
gold was worth $20.67 per troy oz in 1929
= $664.67 per kg
Investing 6.6k in the S&P 500 assuming an average annual return of about 10% in 1929 would yield today:
A=6,647.70×86,706.47≈
576,161,882
That's 576 MILLION dollars
Today, 10kg of gold is worth about 1.085m dollars
compound interest >>>> boomer bitcoin
6/24/2025, 1:54:44 AM
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