Comments on: Request For Input… http://www.investorgeeks.com/articles/2007/12/12/request-for-input/ Learning and sharing investment knowledge. Mon, 13 Oct 2008 12:52:00 +0000 http://wordpress.org/?v=2.0.4 by: tom http://www.investorgeeks.com/articles/2007/12/12/request-for-input/#comment-219476 Thu, 13 Dec 2007 18:22:05 +0000 http://www.investorgeeks.com/articles/2007/12/12/request-for-input/#comment-219476 Well, I'm not from U.S. I'm from Europe. And I speak English as second language... and here is what I think about this calculator. You can make this calculator, but what you're missing is one important thing. You see, the inflation... probably will not be stable... and inflation will not even determine the actual price we are paying for all the costs. What will determine the actual cost is this. (for example) 1st year. the cost of living multiply with 14.5% price growth 2nd year. the cost of living multiply with 17.5% + the 99 other gadgets or stuff we bought EXTRA for this year. Not only we will buy more and pay more for the things we bought. But every year prices will increase more % than they increased last year. And we also buy more stuff... Well, I’m not from U.S. I’m from Europe. And I speak English as second language…

and here is what I think about this calculator.

You can make this calculator, but what you’re missing is one important thing. You see, the inflation… probably will not be stable… and inflation will not even determine the actual price we are paying for all the costs.

What will determine the actual cost is this.
(for example)
1st year. the cost of living multiply with 14.5% price growth
2nd year. the cost of living multiply with 17.5% + the 99 other gadgets or stuff we bought EXTRA for this year.

Not only we will buy more and pay more for the things we bought. But every year prices will increase more % than they increased last year. And we also buy more stuff…

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