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submitted 10 months ago by BonesOfTheMoon@lemmy.world to c/memes@lemmy.ml
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[-] Rodeo@lemmy.ca 1 points 10 months ago

Can you link to the actual calculator you're using for that? That page you linked is just their homepage. I've never seen a calculator that accounts for a DRIP.

[-] Hexadecimalkink@lemmy.ml -1 points 10 months ago

It's just a compound interest calculator https://www.getsmarteraboutmoney.ca/calculators/compound-interest-calculator/

Use this one to calculate the value with inflation (average historically is 3.25% over the last century) https://www.wealthmeta.com/calculator/compound-interest-calculator

this post was submitted on 04 Sep 2023
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