@arvcpa_psn said in SIG Billy Wagner:
@americanarrogant said in SIG Billy Wagner:
Thinking time value of stubs
It all depends upon the current interest rate.
If there are any accountants on this thread, I’m pretty sure that is the most hilarious thing you’ll see on the forum all year.
It’s legit. No “interest rate” per se, but the time value is the oportunity cost from the amount you could be earning from those stubs by either (a) flipping cards on the market or (b) investing them in appreciating assets (e.g. LS cards to go diamond or high value RS cards with shrinking supply/that will no longer be available other than the market).