[OKDXA] Submitted For Your Amusement:

Charette Douglas ChareDo at tulsaschools.org
Thu Aug 2 12:48:27 EDT 2007


Using your examples:

In 2006, $190 saved in 1924 would be worth:

# $3,371.87 if saved in a short-term asset.
# $21,164.92 if saved in a long-term asset at a term of 1 years. #
$21,764.52 if saved in a DJA portfolio.

Isn't right...in either instance you'd have $0 due to the 1929 market
crash.  Now if you had that in REAL money (gold or silver), you'd have a
bit more.  At 1924 gold prices, $190 equals 5.42oz.based on $35/oz.  At
today's prices ($664.65/oz.) that equals $3602.40.

73, Doug W5GA

-----Original Message-----
From: okdxa-bounces at mailman.qth.net
[mailto:okdxa-bounces at mailman.qth.net] On Behalf Of AC5UP
Sent: Thursday, August 02, 2007 11:39 AM
To: Discussion of OKDXA
Subject: Re: [OKDXA] Submitted For Your Amusement:

In case anyone cares... According to 
http://measuringworth.com/calculators/uscompare/

In 2006,  $190.00  from 1924 is worth:

    $2,240.00     using the Consumer Price Index
    $1,865.91     using the GDP deflator
    $0.00     using the value of consumer bundle
    $7,477.39     using the unskilled wage
    $10,988.91     using the nominal GDP per capita
    $28,832.58     using the relative share of GDP

This does not consider compound interest, it's strictly a 'real dollar' 
conversion.
$2,240.00 would equal the 2006 purchasing power of $190.00 in 1924.

Let's suppose you had no interest in the radio and invested the $190 
instead...

In 2006, $190 saved in 1924 would be worth:

# $3,371.87 if saved in a short-term asset.
# $21,164.92 if saved in a long-term asset at a term of 1 years.
# $21,764.52 if saved in a DJA portfolio.

http://www.measuringworth.com/ussave/

Think of this as 'Dollar DXing' ;)



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