Your Financial Calculator is Broken (in pictures)

Well, not entirely in pictures, but limited commentary. For this post I used Investopedia’s financial calculators. For the yield to maturity and duration calculations, I used the present price of French 10 year bond futures. Here is a link (click on the ‘trading’ tab to get the ‘term’ and balance data.)

Arguably my favorite…. “the result is too small.” By whose standards?

It is not clear to me the world has adjusted to the conflict of negative and positive rate environments. I am saying this based on my observations of the potential global carry trade opportunities.

This is my least favorite. So, if I start with $1,000 today, then I end up with $900 at some future point? How is this supporting anything other than malinvestment behavior? Ponzi finance at the expense of the saver.