Consider the Macrs Depreciation Table
I have a cautionary tale to tell. I have spent the past years working my tail off saving every extra penny that I earn so that I can someday fulfill my lifelong dream of owning a fast food franchise. In an attempt to maximize my savings I entrusted all of my assets to Mark my former financial adviser. At first things went really well and Mark made me a good deal of money earning me an average of an eleven percent return on my money over the first three years. I trusted Mark so much that I stopped checking on how my money was doing assuming that I was still earning a nice interest rate on my investments. I got a letter in the mail the other day informing me that my money was all gone do to a depreciation in stock value based on the macrs depreciation table! I don’t know what than means but I am going to get to the bottom of this!
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