(Topic ID: 199230)

Got an offer to sell my route.... How much is it worth?

By Okarcades

6 years ago


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Topic Stats

  • 76 posts
  • 45 Pinsiders participating
  • Latest reply 5 years ago by LTG
  • Topic is favorited by 7 Pinsiders

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    #54 6 years ago
    Quoted from taylor34:

    So if you spend 46,000, after 5 years you'd have 54,000 in earnings + 30k in machines or $84k
    If you just spent that in the stock market taking the last 5 years as a benchmark, you'd have 46,000 * 90% gain (with dividends reinvested) = $87,400
    Plus the stock earnings are taxed less, no work, etc.

    Past performance is not an indicator of future returns. It's good to invest of course but the market could turn at any time.

    #66 6 years ago
    Quoted from taylor34:

    So could the route, lol. Yes, I understand the stock market isn't guaranteed results, but how is a route any safer

    I haven't check recently - did people stop drinking beer?!

    You tried to point out the stock market was better in a 5-year situation but it's a false equivalence. Why not the fives years from 2005-2010? I bet those returns aren't so good.

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