Endexx Corp (EDXC)

[JBGoode]

For me to retire I need enough on hand for a mediocre return to cover more than inflation & my anticipated spending. It's much easier to compute on a spreadsheet but I'll try to show it here.

Assuming 2.5% inflation on average (I'm an optimist), if I wanted to live on $100k, that math looks something like this:

X*.05(annual return)>$100,000*1.025^(years since investment).

In this instance, while $2 Mil may cover the first year, because of inflation I begin losing money the 2nd year & the math fails.

Stick to that math & it doesn't matter how long you live, as your money should always grow faster than you'll be spending it.

Again, that's assuming a $100k/year lifestyle, which wouldn't actually fit my current needs. I like to blow money too much.

$EDXC is probably not going to be a major cause of my retirement, which is why I have a very diverse portfolio. However, if we hit $1.50 here in the next 2 years I'll be quite pleased.