Spidergecko, Real Estate?? Lets say you put $50,000 down on a 'moderately-sized', $250,000 home (20%) and I buy a Lesser Platty.
Using your 3 year theory, you sell the house that you paid $250,000 for three years earlier for $300,000 (good luck making 20% back in 36 months) for arguements sake, I'm playing with the numbers in your favour. You get the $50,000 you put down back (you make nothing), you also get the amount you paid down you mortgage (maybe $10,000, the other $15,000 goes to the bank as interest) and the profit from the purchase price to the selling price: $50,000. You've made yourself $60,000. in three years. Good job.
Now with that same $50,000 I bought a Platty, chances are that in three years I've bred my male Platty twice (by the way, I bought a male, and I named him "Sugardaddy Platty") and I bred him to a "very conservative" 10 females the first year, and 8 took. The following year I bred him to 15 females and only 10 took. I average 5 eggs per lady (see how I'm on your side here). that's 90 eggs. Again, I'll give you the advantage and say 10 die for whatever reason, which leaves me with 80 eggs, and 35/80 were platties (odds in your favour). Let's also say that platties are now $35,000 instead of $50,000. I just made $1,225,000!! less the original $50,000, and I've got $1,175,000 with one single platty male while you have a paltry $60,000 in your pocket and nowhere to live. (Don't worry, I'll rent you one of the apts. over my 6 car garage.)
Last edited by mykee; 09-11-04 at 06:35 PM..
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