What would you consider a good rate of return for holding something for 30 years ?

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Rx God
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Let's call it something small , so no storage fees, taxes, etc. Something like a coin, stamp, sportscard, etc.

assume you can sell it for cash, so no paper trail.

You paid a nice even $1,000 for it 30 years ago. What price do you need today to kind of say ...." I did good on that deal ! "
 

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Handicapper
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8% per year
 

Rx God
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collectors of stuff rarely win the battle, that's why I got out of coins, but still keep up on it. I'll certainly always buy anything I can flip if I find stuff at a yard sale, etc.

go to page 3 of this thread to see hoe delusional collectors can be...

http://www.cointalk.com/t208416-3/
 
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8% per year over 30 years would mean the $1,000 would have turned into $10,062, assuming yearly compounding.

1.08 ^ 30 * $1,000 = $10,062.65

The rule of 72 says it should double every 9 years at 8%.
 

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Depends on the item... all the items you listed (coin, stamp, sportscard) the return sucks.
 

Rx God
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That's what I'm trying to tell guys like this, that $1,000 coin really has to be 10k now ( retail) and you might get 7k. I know it hasn't gone up by a factor of 7-10 X. you have no chance to win with stuff like this !
 

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