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Discount Rate

If you participate in an OilFinancier seminar, you will set your own discount rate. You have three sources to determine the rate appropriate for you:

  • Savings interest rate
  • Lending interest rate
  • Historical increase on your share price

If you find that you are not winning any bids, you might be tempted to lower your discount rate so you can make higher bids and eventually win some auctions. Will this tactic actually find you success in a competitive environment? In OilFinancier, you certainly can try it out—and see what happens in the long term.

Or you wait until those foolish bidders run out of money.

 
© 2014 Dave Volek. All Rights Reserved.