You are now twenty-five years old. You want to invest $15,000 per year (at the end of
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You are now twenty-five years old. You want to invest $15,000 per year (at the end of each year) in a mutual fund. The fund invests in a portfolio of securities whose expected return is 9% p.a. The fund charges a MER of 1%. How much money will you have thirty years from now?
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Strategic Financial Planning Over The Lifecycle A Conceptual Approach To Personal Risk Management
ISBN: 9780521148030
1st Edition
Authors: Narat Charupat, Huaxiong Huang, Moshe A. Milevsky
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