Return On Your Investments
Have you been achieving a good return on your investments?
So you have been a conservative investor over the years; investing your money in a nice safe account that has earned you around 5% a year. You may think you have been doing a pretty good job by being a responsible person and putting money aside month after month. Well there is good and bad news. Yes it is very good that you have been putting some money aside in a conservative safe account.
However, the chart below may make you feel like you have also missed out on some big money.
|Rate of Return on $10,000||Amount After 25 years|
As you can see having your investments reach double digit returns makes a huge difference over the long run. So the trick is trying to find the balance between being to risky or being to conservative with your investments.