The formula is good...and yes simple. So why can't everyone make it work?. Probably the greed, but understanding the basics certainly helps.
A good formula for the modified internal rate of return would be
V = -R (1+i) ^n - [R (1+i) {(1+i) ^n - 1}/ i]
Where "V" stands for expected future value of the investment, "R" stands for present value of the investment, "n" stands for the time period the investment is to be made, and "i" stands for rate of interest for the designated period "n", "^" denotes exponential figure.
But knowing that Cash In - Cash out would probably do aslo
Quote:
Originally Posted by really_true
The more complex u make it it will be harder than rocket science
My simple formula for success
PROFIT=SALE-COST
buy low cost - buy good stuff and sell ASAP LIMIT YOUR GREED I iwould say and see how u make money .
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