"Turbineguy: Nom de Zoom" (will-alib)
11/20/2014 at 13:38 • Filed to: None | 0 | 3 |
Link:
http://www.msn.com/en-us/money/co…
Jedidiah
> Turbineguy: Nom de Zoom
11/20/2014 at 13:51 | 0 |
I'll wait till 2040 and buy it for 15k
GhostZ
> Turbineguy: Nom de Zoom
11/20/2014 at 13:55 | 0 |
S&P yearly return rage: ~9.5% (it's been higher recently, but let's discount it by inflation and assume conservatively)
That means you would need to put $6000/year into the S&P for 16 years to make a total of $250,000. Or, you could dump $60,000 in it today and let it sit for 16 years.
So in other words, if you put 10% of the median US income into a decent investment index, you could afford this Cadillac when it came out.
Mattbob
> Turbineguy: Nom de Zoom
11/20/2014 at 14:39 | 0 |
"The cars are offered with a six-speed manual transmission that includes a new feature Cadillac calls "no-lift shift." Drivers will be able to keep their foot flat on the floor, rather than lifting off the accelerator to change gears."
Fuck this. That is all.