Lost 20 percent in 4 years
Quote:
Originally Posted by manaboutown
Having the magic million dollar anecdotal scorecard being batted around aroused my curiosity. After graduating college I started my first full time job in 1965. Shortly thereafter I picked up William Nickerson's "How I turned $1,000 into $1,000,000 in Real Estate in my Spare Time" which was originally published in 1959. Anyway, at that time a million dollars seemed like a lot to me. The book along with some other factors did inspire me to invest in real estate as I truly did wish to become financially comfortable.
Moving forward, I just checked. $1M in 1965 is about $10M in today's dollars. Inflation has done that.
$1,000,000 in 1965 → 2024 | Inflation Calculator |
From 2020 to 2024 a dollar changed to the cost of 1.19.
__________________
Everywhere
.. though we cannot, while we feel deeply, reason shrewdly, yet I doubt if, except when we feel deeply, we can ever comprehend fully."—Ruskin
Borta bra men hemma bäst
Ћє βÌŦÐÍÐ₤Ξ®
|