I'm wondering if there's anything that needs to be created for anyone who studies finance (personal or otherwise) along the lines of the things you see at
Wondering About Unique Financial App
Oct 08, 2011
1 Replies
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. There are plenty of interest rate calculators and international monitary converters, but what isn't there? Thanks, - JEff
I would like to see an investment simulator that considers the uncertainty in achieving goals. As an example for a given portfolio size and distribution (between stock and bonds), withdrawal rate and age, the simulator would calculate the probability that you money will last your lifetime.
I would like to see a similar simulator for the game of craps. Is it better to bet the incremental chip on "odds" (behind the line) which increases return or "come" which reduces risk.
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