Invest Horizon | Investment Return | Financial Goal | ||
2.50% | 8% | |||
5 years | 88,835 | 68,058 | $100,000 | |
10 years | 78,120 | 46,320 | $100,000 | |
20 years | 61,027 | 21,455 | $100,000 | |
From table above, we can clearly seen the funding needs to reach $ 100,000. Let's say if you are putting the money in Fixed Deposit for only 2.5% yearly interest income compare with an investment tools for instance Unit Trust - Managed Fund for average yearly return 8%. For the 3 different investment horizon, the effort put in a high investment return is rather small compare with low yearly return investment tools. So, be a Smart" Investors" and choose the realistic investment tools for your investment portfolio, so that you are able to reach your financial goal more faster.
Another important point is- you need to begin investing early and effectively, the power of compound effect enable you to accumulate your wealth , let the money work hard for you ! Happy Investing !
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