Business News - Small Business - New York Times

Business News - Small Business - New York Times

Technorati tags: small business

NY Times new section for small businesses.

Wealth in America

Another great article about wealth in America.

http://finance.yahoo.com/banking-budgeting/article/103017/joining-the-5-million-club-takes-an-open-mind

"Meet the Press" by Nicholas Confessore

"Meet the Press" by Nicholas Confessore

The idea of journo-lobbying is discussed in this article.

Dow 2 Million in 2100

Warren Buffet recently stated in an interview that if the Dow would compound at 5.4 percent annually, the Dow would reach near 2 million by the end of the century. Here are the numbers.

These are the results of compounding the current value of the Dow at 13300 in 2007 for 93 years till 2100 at an annual rate of 5.4 percent.

Money available after 1 years: 14018.2
Money available after 2 years: 14775.1828
Money available after 3 years: 15573.0426712
Money available after 4 years: 16413.9869754448
Money available after 5 years: 17300.34227211882
Money available after 6 years: 18234.56075481324
Money available after 7 years: 19219.227035573153
Money available after 8 years: 20257.065295494103
Money available after 9 years: 21350.946821450787
Money available after 10 years: 22503.89794980913
Money available after 11 years: 23719.10843909882
Money available after 12 years: 24999.94029481016
Money available after 13 years: 26349.93707072991
Money available after 14 years: 27772.833672549325
Money available after 15 years: 29272.56669086699
Money available after 16 years: 30853.285292173805
Money available after 17 years: 32519.36269795119
Money available after 18 years: 34275.40828364056
Money available after 19 years: 36126.280330957146
Money available after 20 years: 38077.099468828834
Money available after 21 years: 40133.26284014559
Money available after 22 years: 42300.45903351345
Money available after 23 years: 44584.683821323175
Money available after 24 years: 46992.256747674626
Money available after 25 years: 49529.838612049054
Money available after 26 years: 52204.4498970997
Money available after 27 years: 55023.49019154308
Money available after 28 years: 57994.75866188641
Money available after 29 years: 61126.47562962827
Money available after 30 years: 64427.305313628196
Money available after 31 years: 67906.37980056411
Money available after 32 years: 71573.32430979458
Money available after 33 years: 75438.28382252349
Money available after 34 years: 79511.95114893976
Money available after 35 years: 83805.5965109825
Money available after 36 years: 88331.09872257557
Money available after 37 years: 93100.97805359465
Money available after 38 years: 98128.43086848877
Money available after 39 years: 103427.36613538716
Money available after 40 years: 109012.44390669807
Money available after 41 years: 114899.11587765977
Money available after 42 years: 121103.6681350534
Money available after 43 years: 127643.2662143463
Money available after 44 years: 134536.002589921
Money available after 45 years: 141800.94672977674
Money available after 46 years: 149458.19785318468
Money available after 47 years: 157528.94053725665
Money available after 48 years: 166035.50332626852
Money available after 49 years: 175001.420505887
Money available after 50 years: 184451.49721320492
Money available after 51 years: 194411.878062718
Money available after 52 years: 204910.11947810475
Money available after 53 years: 215975.2659299224
Money available after 54 years: 227637.9302901382
Money available after 55 years: 239930.37852580566
Money available after 56 years: 252886.61896619917
Money available after 57 years: 266542.4963903739
Money available after 58 years: 280935.7911954541
Money available after 59 years: 296106.3239200086
Money available after 60 years: 312096.06541168905
Money available after 61 years: 328949.25294392026
Money available after 62 years: 346712.51260289195
Money available after 63 years: 365434.9882834481
Money available after 64 years: 385168.47765075427
Money available after 65 years: 405967.575443895
Money available after 66 years: 427889.8245178653
Money available after 67 years: 450995.87504183006
Money available after 68 years: 475349.6522940889
Money available after 69 years: 501018.5335179697
Money available after 70 years: 528073.5343279401
Money available after 71 years: 556589.5051816489
Money available after 72 years: 586645.338461458
Money available after 73 years: 618324.1867383767
Money available after 74 years: 651713.6928222491
Money available after 75 years: 686906.2322346506
Money available after 76 years: 723999.1687753218
Money available after 77 years: 763095.1238891892
Money available after 78 years: 804302.2605792055
Money available after 79 years: 847734.5826504825
Money available after 80 years: 893512.2501136085
Money available after 81 years: 941761.9116197434
Money available after 82 years: 992617.0548472096
Money available after 83 years: 1046218.3758089589
Money available after 84 years: 1102714.1681026428
Money available after 85 years: 1162260.7331801855
Money available after 86 years: 1225022.8127719155
Money available after 87 years: 1291174.044661599
Money available after 88 years: 1360897.4430733253
Money available after 89 years: 1434385.904999285
Money available after 90 years: 1511842.7438692464
Money available after 91 years: 1593482.2520381857
Money available after 92 years: 1679530.2936482478
Money available after 93 years: 1770224.9295052532