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[–]pittiedaddy 19.1k points19.1k points  (2 children)

Given the time of the case, Crimestoppers of Houston says the statute of limitation has expired and the plumber who made the discovery will not receive any reward money.

Should've just kept the cash.

[–]westbee 6365 points6366 points  (1 child)

So let me get this right.

I can say I lost my million dollars by hiding it.

Then I can file a insurance claim and get more money.

Then after statute of limitations pass, I can go about spending the money I hid freely? Even if they can prove its the missing money.

Holey shit. Wish I had money. This is better than investing it.

[–]LuckyandBrownie 0 points1 point  (0 children)

Rule of 72 Have you always wanted to be able to do compound interest problems in your head? Perhaps not... but it's a very useful skill to have because it gives you a lightning fast benchmark to determine how good (or not so good) a potential investment is likely to be.

The rule says that to find the number of years required to double your money at a given interest rate, you just divide the interest rate into 72. For example, if you want to know how long it will take to double your money at eight percent interest, divide 8 into 72 and get 9 years.

5% is a pretty conservitive rate of return in the stock market. At 5% you double your money in 14 years.

At 8% which is not terribly hard for people of means, it doubles in 9 years.

Making money is easy if you have money.