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snow

12/30/15 11:51 AM

#98032 RE: Asbjorn #98030

Asbjorn

Congratulations! Happy new year to you! I believe your SIAF shares will appreciate nicely next year.
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Decco

12/30/15 1:18 PM

#98034 RE: Asbjorn #98030

Are you safe in your investing? Earlier this year you have a gain of 800 000 USD and no tax. And let it now go down to 400 000 USD. I don't understand.

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stolpen

12/31/15 12:16 PM

#98049 RE: Asbjorn #98030

400k $ with medioker investing interest during 7 years would have been
Year 1 400k x 10% =440k
Year 2 440k x 10% = 484k
Year 3 484k x 10% = 532k
Year 4 532k x 10% = 585k
Year 5 585k x 10% = 644k
Year 6 644k x 10% = 708k
Year 7 708k x 10% = 779k
And if i do the same with your actual stake the gains will likely be higher and easy to accomplish at a considerably lower risk
If you apply same math with interest at interest but stake put in apple 7 years ago you might feel rather lousy investing perhaps? :-)

Taking away gains from Exchange rate appreciation your result in absolute terms during period would be 0 likely...