One Perecent Difference
Updated: January 7, 2009
When it comes to investing, just 1% can make the difference between reaching your financial goals or not. Here to discuss the power of one is Certified Financial Planner, Curt Anderson:
How much difference can just one percent make?
Example # 1
$100 per month for 30 years @ 8% = $149,000.00
$100 per month for 30 years @ 9% = $183,000.00
Example # 2
$10,000 invested for 30 years @ 8% = $100,000
$10,000 invested for 30 years @ 9 %= $132,000
How do you increase your returns by 1%?
Pay attention.
Proper allocation.
Reduce fees.
Get help.
