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Get a Free Car Every Three Years (Part 1 of 2)

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Uploaded by on Feb 19, 2011

Use an Excel worksheet to demonstrate the concept of buying a car for cash every three years using investment gains INSTEAD of financing a car.

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Education

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  • You didn't account for taxes paid when you sell your investments and mutual funds fees. 11% gain is very optimistic as well, since the Average return Isn’t based on real Investments...for example the Vanguard total stock market fund returned 3.5% for the last ten years. The S&P 500 index returned 2.9%.

  • How do you pay for the first car?

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