🚀 go-pugleaf

I am not going to buy a car.   I am not going to get a university
degree.  Why ?  Because I can make money fast.   Over 50 years, $10000
grows next following (unless government sucks my money to share it to
those "in need" because they don't know how to save a penny a day).
$10000 is 1/8 th of cost of international students requiring to obtain
bachelor's degree.   Assume investor does not invest anymore money
(which is unlikely... so figure will be a minimum return)


$11000  0.1908% (rates are annually compounded)
$12000  0.3653%
$13000  0.5261%
$14000  
$15000  
$16000  
$17000  
$18000  
$19000  
$20000  1.3959% (double your money with 1.3959%)
$25000  
$30000  
$35000  
$40000  
$50000  
$60000  3.6485% (it is about current rate for one yr cashable G.I.C.)
$70000  
$80000  
$90000  
$100000 4.7129% (it's about current 10 yr G.I.C. rate)  
$200000 
$300000 
$400000 
$500000 8.1383% (a poorly done bond fund is about here)
$600000 
$700000 
$800000 
$900000 
$1000000 9.6478% (a fair return on bond fund)
$2000000 
$3000000 
$4000000 
$5000000 13.2347% (~average for balanced fund)
$10000000  14.8154% (~ good return for global bond/stck funds)
$100000000 20.2264% (good return for US growth/index)
$1000000000 25.8925% (good return for sector funds)
$10000000000 31.8257% (~about any excellent funds)

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Follow-up Question:

One international student decides to quit studying for bachelor degree
and decides to invest money instead.   A typical student spends about
$80000 for bachelor's degree and $40000 for master or PHD.

1)  One international student decides not to purshe bachelor's degree
nor master's degree and invests $120,000.     About how long does it
take to reach a million with a yearly compounded rate of 4.5% ? (about
current long term G.I.C. rate)        10% ?

	With 4.5% rate, about 45-50 years.
	With 10% rate, about 20-25 years.

2) Based on calculation on 1) above, is it likely that he is going to
get a million dollar in his pocket before he dies ?  Assume he is 18
years old at present and life expectancy in his cuontry of origin is
75 years old.



2)  One international student decides not to purshe bachelor's degree
and invests $80,000.    He manages to achieve 8% yearly compounded
average for his investment.   Find when the investment reaches a
million, 2 millions, 5 millions and 10 millions

	1 million 25-30 years
	2 millions 40-45 years 
	5 millions 50-55 years
	10 millions 60-65 years

	Current money market rate (i.e.   cash equivalent fund) is
about 4.5%-5%.   By having 1 million dollars, he will be generate an
income of $45000-$50000 without working.   Based on this calculation,
is it going to likely that he retires early ?   He is currently 18
years old and assume he gets first million after 25 years later.



3)  Canadian student spends about $32,000 to obtain bachelor's degree
and this includes the living expenses.     One student decides not to
pursue bachelor's degree.    a)  Assuming he invests in guaranteed
funds at the rate of 5% per annum, find out when his investment
reaches 1 million.    b)  The return return depends on the type of
investment.   This student takes a risk and invests in one canadian
and global government bond fund.     He manages to achieve 10% per
annum.   Find out when he sucks his first million in his pocket.
c)  government decides to take some of his investments because others
aren't making money fast and ask government for their pension and
health care.   After 35 years, he has a million but government
intensionally takes a half of it by saying government must do
something for those in need.      He receives $500000.   Assuming
money market or banker's acceptance rate is 5%, find out his monthly
income by investing $500000.    Do you think government or outsiders
can destroy his life by taking a half of profit ?   Explain.

	a) about 70 years

	b) about 35 years

	c) based on 5% per annum and assuming monthly income depends
on this rate, he will be able to still generate $25000 automatically.
Monthly income is about $2083.    Even after taxation, it's unlikely
that they can destroy his life and therefore government / outsiders
must take more money from him.    With 75% taxation on return, he
still generates about $12500 a year or about $1041 extra cash per
month.   So, answer is no, no one can destroy his life unless
government or outsiders take all of his money by saying he is an
asshole.


5)   A new car costs $35000.   One person can buy a car but decides
not to buy a car.   He instead invests $1000 a month.   He also saves
the operating cost of car by not having a car.  This amounts extra
$300 a month so he invests $1300 in total.   He keeps investing for 3
years.    Assuming a return of 6% per annum, find his return after 30
years.
	About $200000


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Caution:   In Canada, some investments are not guaranteed/protected by
Canada Deposit Insurance Corporation or by any other third parties.
Author will not take responsibility of your investment.   Historical
performances are NOT future performances.



================

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