Need Online Calculator...40M Usd In 1974 Is Worth How Much Today's Dollars?

[bangkokburning]

Anyone can provide a link to a calculator? Thanks.

[yoshiwara]

40 million dollars kept in a cookie jar since 1974 will be worth exactly 40 million dollars today and can be exchanged for exactly the same number of new dollar notes.

Edited May 25, 2013 by yoshiwara

[gennisis]

JUST Google 'calculator'....many choices for you...all free

[Gsxrnz]

Here's the answer. $188,666,125.76

And here's the link http://www.usinflationcalculator.com/

[yoshiwara]

Here's the answer. $188,666,125.76

And here's the link http://www.usinflationcalculator.com/

Well if we are talking about inflation and that calculator is a fun calculator, just work out the inflation rate between 1980 and 2005 and then factor in that $100 of gold you bought in 1980 would cash out at $100 in 2005 and you find that your gold will have lost over 80% of its value. A total disaster. 25 years of it.

[Gsxrnz]

Here's the answer. $188,666,125.76

And here's the link http://www.usinflationcalculator.com/

Well if we are talking about inflation and that calculator is a fun calculator, just work out the inflation rate between 1980 and 2005 and then factor in that $100 of gold you bought in 1980 would cash out at $100 in 2005 and you find that your gold will have lost over 80% of its value. A total disaster. 25 years of it.

Agreed re the price of gold. However, it traded in a huge range during that timeframe so anybody who felt gold was the correct asset to have their capital invested in would/should have been actively buying and selling to take advantage of the trading range. I'm a firm non-believer in the buy and hold investment strategy for any form of investment. The market (all markets) never move in only one direction - you have to take advantage of the ups and downs. Lord save us from a stable/stagnant market!!

[bangkokburning]

Here's the answer. $188,666,125.76

And here's the link http://www.usinflationcalculator.com/

Thanks, and thx for doing the calculation. About 190M.

[Gsxrnz]

Here's the answer. $188,666,125.76

And here's the link http://www.usinflationcalculator.com/

Thanks, and thx for doing the calculation. About 190M.

No problem, glad to help. So......can I offer you an investment strategy for your 190M? Only ask for 0.5% commission.

[Ta22]

40 millions in the hand of the right person can mean much much more in the 39 years that passes .
you can do much less now with 40 million now then you have it in 1974 .

Is just paper number if you do not know how to use it .

[ross163103]

I wish I had this problem...finding an online calculator to figure out the value of 40 mil in 74'.......I'm in the exact opposite situation, I can find an online calculator easy, but the 40mil is proving difficult....hmmmmm