As Solfest has run out of things to say about all things trading Solfest has decided to follow the tried and proven Hollywood format of stealing someone else's format.
Solfest enjoys reading Rocky Humbert and this post is a blatant rip off of his highly successful blog. Solfest hopes that Mr. Humbert realizes this is actually quite a compliment, and Solfest also hopes he does not have to retain an attorney.
Today Solfest received his monthly cable bill and to his horror saw his second price increase in 5 months. Solfest’s cable company did assure him that they are "committed to providing you with the best programming and service available."
Solfest notes that the word "available" is key to their commitment as Solfest has no other cable options to "avail" himself of.
Solfest also notes that he "tortures" the trophy children with basic cable services only in order to preserve scarce capital. Solfest's recollections of his own tortured childhood with rabbit ears and 2 television stations to choose from does little to sooth the trophy children's concerns.
Perhaps once the trophy children see Solfest's brilliant future value calculation of his cable bill the trophy children will see the wisdom of his ways.
Solfest paid the cable company $34.60 per month in March 2009, then at the request of Solfest's cable company he paid them $35.65 in April 2009, and then once again at the request of Solfest's cable company he paid them $37.75 in September 2009.
Solfest's mathematical skills have computed this increase as such:
(($37.75 - $34.60)/$34.60)*100 = 9.104%.
Solfest must now make the large assumption that he will not see another cable bill increase before the end of year so he can use this percentage as an annual percentage increase.
With this percentage increase in hand and Solfest's mathematical skills tapped out Solfest turned to the power of the internet to discover the future value of his cable bill in 50 years. This computation does make another rather large assumption that the pace of cable bill increases will not increase over these 50 years.
The results are in. Solfest will be paying $2,944.09 per month for basic cable service by the year 2059.
All this heavy computing got Solfest thinking, what if Solfest cancelled cable and then invested the $37.75 on a monthly basis for 50 years at Solfest's cable company's annual growth rate of 9.104%?
Solfest once again turned to the power of the internet and discovered he would have $401,473.19 in 50 years time without ever increasing the monthly contribution.
Solfest is now wondering if you can connect rabbit ears to a LCD TV.
To ease Solfest's pain he listened to Eric Clapton and watched some TV via the internet.
TV via the internet, this may catch on.