Thread: Investing 102
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Old 12-13-2011, 10:45 AM
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GregWeld GregWeld is offline
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Wanna really make a difference in your KIDS lives??

When they're born - put a grand away - add a grand every year til they're 63 years old...

Net result at retirement compounded at 9% (so you need 6% reinvested dividend AND capital growth of 3% a year - this is super super conservative and not even realistic! It should be far more over time!)

If you were a long term investor, the worst twenty years delivered a return of 7% a year. This occurred over the twenty years ending in February 2009. The best twenty years delivered an average return of 18% a year, which occurred over the twenty years ending in March 2000.

$2,976,771.57


Tax free MUNI BOND return on that balance PER YEAR at what I earn currently (5%) -- that's $150,000 in income per year NET NET TAX FREE off your silly little $1,000 per year from birth.

WAY better than college!

Last edited by GregWeld; 12-13-2011 at 10:51 AM.
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