TRIVA FUN

[Redneck in training]

1.) How much money would you have today if you would invest of today's $100 in the first day when stock market opened in Philadelphia and earn the historical gain 8%?
2.) How much money would you have today if you would invest of today's $100 in the first day when stock market opened in Philadelphia and then always picked the best investment possible?
3.) How much money would you have today if you would invest gold worth today's $100 in the first day when stock market opened in Philadelphia?

Philadelphia stock market opened 1790.
1.) If you invested $100 at January 1, 1790 and earned 8%/year you would have $3,068,465,389.62 at December 31, 2014. Not adjusted for inflation.
Adjusted for assumed 3.2% US historical inflation you would have $3,638,541.34. People worry about taxes but it is inflation, if it picks up, that wipes out you nest egg.

2.) I read somewhere you could buy the whole USA about 3 times over.

3.) Anywhere between $80 and $400.Adjusted for inflation. Gold is terrible investment.

 

[turnkey4099]

Philadelphia stock market opened 1790.
1.) If you invested $100 at January 1, 1790 and earned 8%/year you would have $3,068,465,389.62 at December 31, 2014. Not adjusted for inflation.
Adjusted for assumed 3.2% US historical inflation you would have $3,638,541.34. People worry about taxes but it is inflation, if it picks up, that wipes out you nest egg.

2.) I read somewhere you could buy the whole USA about 3 times over.

3.) Anywhere between $80 and $400.Adjusted for inflation. Gold is terrible investment.

Yep, the first time Gold took a run up to somewhere near but under $1,000 I had a broker call me (cold call) and try to tout gold as a good investment. After stringing him along for awhile I told him "give me a call when gold is back around $300 where it belongs" Him: $300!! never. the next week the crash came and it was selling in the $300 range. I have no idea why I picked that number. He never called back for some reason.

Harry K

Harry K

 

[vtsnowedin]

Philadelphia stock market opened 1790.
1.) If you invested $100 at January 1, 1790 and earned 8%/year you would have $3,068,465,389.62 at December 31, 2014. Not adjusted for inflation.
Adjusted for assumed 3.2% US historical inflation you would have $3,638,541.34. People worry about taxes but it is inflation, if it picks up, that wipes out you nest egg.

2.) I read somewhere you could buy the whole USA about 3 times over.

3.) Anywhere between $80 and $400.Adjusted for inflation. Gold is terrible investment.

If you invested $100 dollars in 1790 you would be long dead by now and somebody else would have scarfed up your money.

 

[k0ua]

If you invested $100 dollars in 1790 you would be long dead by now and somebody else would have scarfed up your money.

Good point... When I was a kid you could buy Mausers for $12 mail order. Try to find one now. Should have bought a train car load, and you could have. Heck if you invested in almost anything years ago, you would be well off now.

 

[crash325]

Lets have some fun for a while.

What car company took a large v8 engine, basically cut it in 1/2 to make a 4 cylinder engine????

 

[houstonscott]

Lets have some fun for a while. What car company took a large v8 engine, basically cut it in 1/2 to make a 4 cylinder engine????

The only V4 production car I can think of is a Lancia Fluvia from the 1960's, and I don't think that engine was a product from cutting a Lancia V8 in half. You might be confused what cutting an engine in half means. Families of engines with straight fours, straight 6's, V8's, and V12's sharing, heads, pistons, connecting rods, has been around for decades, they are not products of cutting engines in half length wise. HS

 

[crash325]

The only V4 production car I can think of is a Lancia Fluvia from the 1960's, and I don't think that engine was a product from cutting a Lancia V8 in half. You might be confused what cutting an engine in half means. Families of engines with straight fours, straight 6's, V8's, and V12's sharing, heads, pistons, connecting rods, has been around for decades, they are not products of cutting engines in half length wise. HS

Sorry Huston.
It was an American maker & they used it to make a smaller car. It was a v8 cut length wise. Massive bore of over 4" if memory is correct.

 

[2LaneCruzer]

Sorry Huston.
It was an American maker & they used it to make a smaller car. It was a v8 cut length wise. Massive bore of over 4" if memory is correct.

I at first thought it was the famous Chrysler Corp. Slant six, but six is not equal to four, and I believe after thinking about it, that was a ground up design that had some technical advantages in the slant six configuration.

 

[bcp]

I'm thinking Pontiac and IH made half of a V8.

Bruce

PS: I4, not V4

 

[Leejohn]

Well I'm going say GM because that is just about what they did to make a V6. I always though the 4cyl was 1st made for a truck and couldn't hold up in them, so they used the 4cyls other places.