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https://www.reddit.com/r/BeAmazed/comments/1jg57vy/this_is_wild/miwrezq/?context=3
r/BeAmazed • u/Master_Support • 16d ago
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679
For those who don’t want to do the math, that’s a total of 11.25 billion over the course of 75 years. Bought for 1.1 B
9 u/SeaweedClean5087 16d ago If you invested 1.1bn in a tracker fund you’d probably have way more than ten times your money after 75 years. 0 u/VidE27 16d ago You know most of that 1.1 b is now in the form of properties and jetskis for the politicians involved? 2 u/SeaweedClean5087 16d ago Possibly, but on the face of it, it was a good deal. I’d have accepted that amount. 1 u/xczechr 12d ago Sure, but in the meantime Chicago no longer "owns" the streets where the meters are located, and must pay for the loss of revenue if they are modified or unusable. https://www.youtube.com/watch?v=fDx6no-7HZE
9
If you invested 1.1bn in a tracker fund you’d probably have way more than ten times your money after 75 years.
0 u/VidE27 16d ago You know most of that 1.1 b is now in the form of properties and jetskis for the politicians involved? 2 u/SeaweedClean5087 16d ago Possibly, but on the face of it, it was a good deal. I’d have accepted that amount. 1 u/xczechr 12d ago Sure, but in the meantime Chicago no longer "owns" the streets where the meters are located, and must pay for the loss of revenue if they are modified or unusable. https://www.youtube.com/watch?v=fDx6no-7HZE
0
You know most of that 1.1 b is now in the form of properties and jetskis for the politicians involved?
2 u/SeaweedClean5087 16d ago Possibly, but on the face of it, it was a good deal. I’d have accepted that amount. 1 u/xczechr 12d ago Sure, but in the meantime Chicago no longer "owns" the streets where the meters are located, and must pay for the loss of revenue if they are modified or unusable. https://www.youtube.com/watch?v=fDx6no-7HZE
2
Possibly, but on the face of it, it was a good deal. I’d have accepted that amount.
1 u/xczechr 12d ago Sure, but in the meantime Chicago no longer "owns" the streets where the meters are located, and must pay for the loss of revenue if they are modified or unusable. https://www.youtube.com/watch?v=fDx6no-7HZE
1
Sure, but in the meantime Chicago no longer "owns" the streets where the meters are located, and must pay for the loss of revenue if they are modified or unusable.
https://www.youtube.com/watch?v=fDx6no-7HZE
679
u/TheMinick 16d ago
For those who don’t want to do the math, that’s a total of 11.25 billion over the course of 75 years. Bought for 1.1 B