Somebody beat my grandma’s record

by robopanda

Check out this dude on bangornews. He leased a rotary phone at $4.45 per month for 50 years. If he’d put that money into a tax-deferred portfolio earning 10% he’d have $77,093.54 after the 50 years.  I thought my grandma held the record on phone leasing, but I guess not.  She leased the same touchtone phone at $7 per month for 26 years. If she’d put that money into a tax-deferred portfolio earning 10% she would have had $10,348.35 after the 26 years.

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