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This is Mr. Obama's version of Jack Benny's old "your money or your life" routine, except without the punch line.
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It's "the old Jack Benny thing, " Justice Scalia said, invoking the joke where a robber holds up the famously stingy comedian and says, " 'Your money or your life, ' and, you know, he says, 'I'm thinking, I'm thinking, ' " Justice Scalia said.
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Although college can improve your career opportunities and increase your lifetime earnings, it also takes four years (or more) of your life and a lot of money.
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Don't trust your life savings with any single money manager or investment.
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But if you do and you go to a jury and you say "Give me loads of money", you are exposing any weaknesses or deficiencies in your own life for public scrutiny.
BBC: News Online
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To calculate it, you will need to know how much money you've made or lost on each stock over the life of your portfolio.
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If a gas well is a 15 year investment life, and with productions declines, 80% of your money comes back in the first 4 or 5 years, the IRR would assume you are compounding this cash at 23% for the remaining term of the investment.
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