this post was submitted on 29 Oct 2024
33 points (92.3% liked)

Economy

431 readers
180 users here now

Lemmy Community for economy, business, politics, stocks, bonds, product releases, IPOs, advice, news, investment, videos, predictions, government, money, politics, debate, current trends and more.

founded 1 year ago
MODERATORS
sv1sjp@lemmy.world
33
An ultra-rare 1975 dime stashed away for decades just surfaced—and sold for a whopping $500,000 (fortune.com)
submitted 2 weeks ago by tuxbot@infosec.pub to c/economy@lemmy.world
7 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] Throw_away_migrator@lemmy.world 5 points 2 weeks ago (1 children)

I think your math is a bit off. It's more like 56.3% annually over 50 years

[–] Waldowal@lemmy.world 2 points 2 weeks 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.