Oct 16

The difference between a million and a billion dollars

By MultiplyWealth's Team

When reading over earnings reports, doing valuation assessments, or running any other financial analysis, it's sometimes hard to conceptualize the difference between two very large sums. To that end, here's a helpful visual on the massive difference between $1 million and $1 billion, from Abu Amin on Quora:

A billion dollars looks like this in 100 dollar bills. You'd need ten forklift rides to cart it around:

16.10.12 1.jpg

For comparison, a million dollars in 100 dollar bills looks like this - a daypack would do:

16.10.12 2.jpg

So when Apple announces it did $39 billion in revenue last quarter, and has over $110 billion in cash reserves... you can get a better sense of what that's all about.

If you want to talk about how potential market events or the fiscal cliff might affect your equity portfolio, and perhaps talk about whether some of our defensive-minded investment strategies might be right for you, write Multiplywealth at notice@multiplywealth.org It’s your own account; you can see the balance change on a daily basis, make investment changes extremely quickly, and add to or pull your money at your complete discretion.

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