Case study: Money is good for nothing unless you know the value of it by experience - Series 4 out of 10

January 4, 2019

Introduction

I called it big check syndrome. I make net income from 1999 to 2001 over $110,000 us dollars. But when I came to Canada in 2010, I borrowed against the home I own $18,000 dollar. I like to learn money is good.

Case study

I did my personal finance research on new year's day. I found out that mutual fund VIGRX I sold as a loss with $1000 dollar in 2002. If I keep it to 2018, the value of $3000 dollars will worth $10,000 us dollars in 2018. Here is the blog.

I learn the value of $1000 dollars loss, or value of original $3,000 dollars, with 18 years, I should learn how to make $7000 dollar profit in 18 years.