News for hackers. Stuff that matters.
Re:Empress trees absorb about 103 tons of carbon a year per ... by xfactor973 on Friday August 02, 2019 @02:52PM (#20595549)
i can't figure this out: https://worldtree.info/investment/ this seems far too good to be true. Back of the napkin calculations show they're saying the returns could be 28% a year compounded. That's better than buffet level returns. Surely this is a scam right?
Re:Empress trees absorb about 103 tons of carbon a year per ... by kennywinker on Friday August 02, 2019 @08:39PM (#20597854)
Yeah those numbers seem really good - $25,000 invested over 8-12 years results in $1,423,125 profits of which you get 25% ($355,781). If those kinds of returns were really there wouldn't people quickly saturate the market, devaluing the lumber and breaking the model?