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TheSoftwareGuy · 2020-08-03 13:15:03

Interesting. 6.6% seems like a pretty insignificant investment. Does anybody have any idea what 6.6% could really get them?

tedsanders | karma 3019 | avg karma 3.36 · | 2013-12-12 22:41:11+00:00

Doesn't the 6% get diluted once additional money is invested?

fakedang | karma 1620 | avg karma 0.82 · | 2023-10-19 12:12:22

They're looking at it in absolute terms. 5% to 6% is a 20% jump worth billions. But 5% to 20%? Tough luck.

nopzor | karma 613 | avg karma 2.15 · | 2022-04-24 01:16:02

more like 3.6% with compounding interest…

proto-n | karma 660 | avg karma 3.53 · | 2018-04-15 16:46:25

How did you get 1.6%?

Narishma | karma 3253 | avg karma 1.67 · | 2021-10-07 11:16:02

That's a good way to get that 6% to a 0.6% is a few years.

ianai | karma 10241 | avg karma 1.69 · | 2022-03-29 06:00:09

That works out to 6.0341E-06%

techbio | karma 888 | avg karma 1.2 · | 2018-07-31 21:30:17+00:00

FYI: 6% per year

Animatronio | karma 561 | avg karma 2.78 · | 2022-12-05 19:19:44

He got the money from selling his house. And 6.5% is very cunning in that it's not significantly above what a bank would offer on a deposit (7-8% and even more are available in EU at least) but it's also not preposterous like 38% available right now on Hex. So I'm guessing he thought he was smart and NOT greedy by going with a lower return in exchange for perceived safety.

charlesju | karma 1880 | avg karma 2.66 · | 2009-03-16 17:38:10+00:00

$15k for 6% is proportionally much higher.

slaw | karma 812 | avg karma 1.1 · | 2022-11-09 10:55:26

I am very interested where I can get investment return 6%. The best I can see is CD from Schwab at 4.85%

https://www.schwab.com/cd-rates-test

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Dilpil | karma 1909 | avg karma 3.06 · | 2009-06-16 03:00:48+00:00

How exactly does one make six percent a month from safe investments?

Jeremy1026 | karma 1520 | avg karma 2.21 · | 2023-01-31 13:33:58

> and potentially stagnant growth

Shouldn't growth not matter where the money is.

$100,000 gaining 6% is $106,000, gaining 6% is $112,360.

$25,000 in 4 different accounts gaining 6% is $26,500 in 4 different accounts, gaining 6% is $28,090 in 4 different accounts, or $112,360.

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smysore | karma 205 | avg karma 2.7 · | 2008-12-26 16:10:04+00:00

6% for 100k vs. 6% for 10-20k

was_a_dev | karma 944 | avg karma 2.59 · | 2023-05-10 16:07:47

Some accounts in the UK have been offering 6+%

pbk1 | karma 171 | avg karma 3.05 · | 2020-11-29 06:27:17+00:00

0.6% compounded for 30 years would be barely $1.02M

rb808 | karma 7069 | avg karma 3.49 · | 2018-07-03 14:49:21+00:00

6% of purchase price is nothing :). Welcome to the US North East where 2-3% of current value every year is now standard.

wellpast | karma 1738 | avg karma 2.74 · | 2017-12-22 03:13:44+00:00

Greater than 10% invested

srcreigh | karma 1800 | avg karma 1.78 · | 2022-10-09 01:27:55

It's 5% on the amount less than $500k, and 10% on the amount from $500k up to $1m.

DevX101 | karma 8743 | avg karma 10.31 · | 2011-05-24 10:26:23

It would probably be less than 5% since they typically come in at 6% and get diluted along the way when VCs come in later.