04-27-2009, 12:49 PM
<!--quoteo(post=33038:date=Apr 25 2009, 12:47 AM:name=BT)-->QUOTE (BT @ Apr 25 2009, 12:47 AM) <{POST_SNAPBACK}><!--quotec--><!--quoteo(post=32896:date=Apr 24 2009, 04:42 PM:name=rok)--><div class='quotetop'>QUOTE (rok @ Apr 24 2009, 04:42 PM) <{POST_SNAPBACK}><!--quotec-->FYI, the AAA avg bond yield for the past 10 years:
1999, 7.05
2000, 7.62
2001, 7.08
2002, 6.49
2003, 5.66
2004, 5.63
2005, 5.23
2006, 5.59
2007, 5.56
2008, 5.63<!--QuoteEnd--><!--QuoteEEnd-->
And hasn't 2003 and onward been historically low as well? So aren't those years that are below 6 percent essentially the worst case scenario?
I thought I read somewhere that in normal times, people can expect 10 percent return on huge investments (which 25 million would qualify as).
<!--QuoteEnd--></div><!--QuoteEEnd-->
10%? Not without MAJOR risk. 6.5% is not a bad return on this type of investment. And also it is somewhat of a vanity investment. While the return is decent, the "ownership of the Cubs" has to have some value to a person throwing 25mm at it. If it was just about the return, there are other things to look at for sure.
1999, 7.05
2000, 7.62
2001, 7.08
2002, 6.49
2003, 5.66
2004, 5.63
2005, 5.23
2006, 5.59
2007, 5.56
2008, 5.63<!--QuoteEnd--><!--QuoteEEnd-->
And hasn't 2003 and onward been historically low as well? So aren't those years that are below 6 percent essentially the worst case scenario?
I thought I read somewhere that in normal times, people can expect 10 percent return on huge investments (which 25 million would qualify as).
<!--QuoteEnd--></div><!--QuoteEEnd-->
10%? Not without MAJOR risk. 6.5% is not a bad return on this type of investment. And also it is somewhat of a vanity investment. While the return is decent, the "ownership of the Cubs" has to have some value to a person throwing 25mm at it. If it was just about the return, there are other things to look at for sure.