Lovett made Loveless style Warning

Assuming the initial cost was $1000 (I'm totally guessing here.) earning a modest 12% compounded daily, well you could buy a lot of knives with that. It just gets more depressing if you increase the value.

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Don't want to derail the thread, but PLEASE share with me where you get 12% interest compounded daily. I'm sitting on some cash I'd like to put there.

Paul
 
MichaelLovett@...... (count my asterisks in previous.) :)
 
Don't want to derail the thread, but PLEASE share with me where you get 12% interest compounded daily. I'm sitting on some cash I'd like to put there.

Paul
Aren't credit cards compounded daily? Nowadays I think it's around 25%. Not that this is relevant to this thread
 
I was referring to a mutual fund, and it was the quickest calculator i found. For the purposes of this discussion it's close enough.
 
Close enough for what? :)

To me buying a Loveless knife made by someone other than Bob is a neat little scam in itself. Even if you get your knives, you are still being jacked. Why not settle for 25 cents on the dollar?
 
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