 Is 24 to late to start investing? |
Additional Details
Should read "too." Yikes.... |
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 Should i invest in mutual funds or stocks? |
| Should i invest in mutual funds or stocks in current market situation. Which ones are the best at this ... |
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 How Do You Know What Stocks To Invest In???? |
| Their are billions of stocks. And everyone recommends the ones I have never heard of. How do I know which one would be the best stocks of the year. i am a university student and have $2000 and I at ... |
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 What are the chances of me buying a stock for $5 or less? |
| I am a young kid looking into college and I enjoy the stock market but have never actually got into it. Is there a way I can get into buying stocks cheaply and being able to watch them day by day to ... |
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 My stock dropped 25% in after hours, what happened? |
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 23 years old, planning to save $10k a year. Stocks or Mutual funds? |
| I am 23 years old, work in Research/Development at a financial firm, also bartend on TH/F/S. I could possbily save up to $20k a year, but will realistically set my goal at $10k. Should I invest in M... |
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 What is the easiest and best way to get rich? |
| please give me all your answers in as much detail as possible?... |
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 Looking to invest.? |
| I'd like to buy some cheap stock to get started and gain experience. How do I go about it? I just checked out a website and it's all Greek if you know what I mean. What is the difference ... |
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 Where should I go first if I am a victim of an investment fraud or scam? |
| Two individuals are involved in this scam. I wired $125,000 to one for an "off shore investment" and have received nothing. The other person was introduced to me through the first person. I... |
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 £27.000, best investment? |
My husband has taken early retirement, he will be 57 this year.
We would like to save it for a few years and get the best yield.
Thank you for any sensible advice.... |
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 Automated Forex trading? |
| Hello i want to find an automated forex scalping system and an automated options on stocks system. Can someone help?... |
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 Stock Traders: What is the most profitable style (in your opinion)? |
| Personally, I only have the money to work on a few position trades at a time (don't have the 25k needed for trading account), but I am studying all styles of trading in case I like to adapt in ... |
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NAMELESS ID | How can I turn 520K into 2 million relatively safe and in 10 years? |
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John Q
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To do this you would need an effective annual after tax rate of return of approximately 14%, meaning your pre-tax rate of return would have to be closer to 18-20%. I am not aware of any investments paying this kind of return that would be considered "safe". I think you may have to either accept some additional risk, or lower your expectations. |
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Common Sense
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Not even close to "safe". 14.5% return each year would be very risky... and although "do able" the chance of significantly underperforming this goal is very high.
Bad case..... You lose 50% the first year. In order to make that up, (to break even), you need to grow the money 100%.
Safe and 14.5% is unresonable. |
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Terry
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That's not possible. You can make the money, but not in any safe way. You are going to run a risk.
A 'safe' rate of return is 8 to 10%, which will typically double your capital every 10 years. Over time, that return is achievable in index funds, which spread your risk. Even so, to make anything over 4% is going to require some risk. |
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jebediabartlett
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In a friend's 401, in 31 months, we have turned $ 573,000. into $ 900,000. It has been a fantastic " bull" market and no guarantees can be made...but I will just tell you this: It was all in mutual funds : FCNTX..FDIVX..FINEX..NBGEX..early on there were more conservative funds: FGBLX...a Credit Suisse small-cap ( that I forget)..
Another good sized portion of the money was held in a " real estate" fund managed by "Principal"...it is not a mutual fund, so I don't know how someone would go about getting invested in it....( maybe just a basket of REITS )
I am now trying to rein-in my friend ...to get a little more conservative....but she wants to get even more aggressive!!
Personally I have had phenominal results with FEMKX...EUROX..FLATX..
BUT LIKE I SAID: it has been one fantastic bull market for close to five years... and NO ONE can predict the future!!
Just in general...and according to your risk tolerance...I would say the best areas to be in for the next few years are: international...energy...mining/ metals...
Diversify your holdings..keep a watchful eye..what else can I say ? |
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dunkadog8
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can't safely do it. stock market returns about 10 a year.... |
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dagodagodoo
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You can't.
Safe and 14% returns are not possible. |
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TJS
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Getting that rate of return can be pretty tough.
I would recommend two different kinds of mutual funds:
- An aggresive growth fund with a manger with a long track record.
- An international fund with good exposure in asia.
This is assuming you aren't going to touch the money during this ten year period. This may not quite get you to $2 million, but it will get you pretty close. |
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noils2
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Buy exchange traded funds only. Put half the money in diversified US industries. The other half should be put into Russian, Eastern European, South American, and Asian ETFs.
Don't put more than 10% of your money in any fund. |
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jermaine1spence
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You would have to be contributing some serious monthly amounts. We could run a few Monte Carlo simulations for your funds. They crunch data from over 30 years of performance from the stock market and deliver figures that are between 70-90 percent correct in projecting your end value.
Jermaine E. Spence
Licensed Financial Advisor
www.FreedomTreeFinancial.com |
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joeydubz0
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AAPL GOOG FSLR |
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Taylor G
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Government Bonds |
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