EXERCISE: Experiment with the interest rate r

Thus inflation would halve your holding at minus 2%/yr.

doubling-time for ten k invested in an
ETF called HAC.TO and just left sitting there. Try
various other times - to - retirement, using your entire
RRSP-room
**A = ][]54[.**

Try an "interest rate" of 10%/yr which we have recently been getting by holding banks. Several ETF choices in our list return about that much.

Try an aggressive rate of 20%/yr which we have been getting
from an ETF holding Amazon, Google
etc. in the list of ETFs. Here is the pattern you will find:

Caveat: the above numbers do not take into account the effect of inflation.