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$50k plus an additional 50k per year at 10% = $1,006,245.8 (compounded annually). What fees are you referring to? Different investments carry different loads, i
by vessenes 16y ago
$50k plus an additional 50k per year at 10% = $1,006,245.8 (compounded annually). What fees are you referring to? Different investments carry different loads, including nearly no load (or one included in calculations), for say real estate or direct stock purchases.
- tansey 16y agoAh, yeah I was assuming he meant this year (0% interest) plus 9 additional years of x% interest. I see now that I should have given him another year. Okay, so he only has to return 10% annually. Still extremely difficult. :)
- vessenes 16y agoMany, many value investors have easily beat 10% p.a. over extremely long investment periods. Very very few people who market themselves as investment advisors successfully deliver these returns to their clients, net of fees and taxes.
- tansey 16y agoMaybe from 1950-1999. I do not know of many value investors who returned 10% annual over the last 10 years.