Re: My horrible 30+ years of fun land me in dept
Is it true?
Quote:
Originally Posted by fallen11
Forget aiming 12% - 15% average compounded yearly returns. These are probably high risk and can wipe out your capital before u even earn back your investment cost.
More realistic to aim for around 5% - 7% compounded yearly for diversified portfolio.
Dont be too greedy. Be patient and realistic on your investment targets.
When u are still working and have reasonable income, do not spend any of your investment returns. Plow it back in and reinvest more!
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