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Title: Old Alfred Road

Essay Details

Subject: Business
Author:
Date: September 7, 1999
Level:
Grade:
Length: 2 / 521
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

However, he cannot keep up his lifestyle in real terms, as the nominal value of $2,000 is still greater than his “allowance”. When thinking about his expenses in real terms, the $2000 will only keep growing every month because of the inflation factor...

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Roads some advice. One of the things I suggested was that he cut down his expenses. Another idea is to take a small portion of his savings and add it to his portfolio, as the portfolio yields a higher real rate of return. Or, he could do a combination of the two...

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