Wednesday, November 14

R: Smart?

Was reading this article on investments. So lets say you're in your 20's and you want, in 20 years to amass RM120,000 for your children's education fund. What you would do is invest about rm120 a month for 5 years then 240 a month for the next 15 years.

So all you're paying in the end is RM50400 to get 120,000! And that's with paying 240 a month. With some financial planing you could even put in RM500 a month. In 30 years you'd get a Million Plus Plus.

If you're below 25, you have the best liberty to invest because Time is really on your side. Very very on your side so to speak.

0 Eye Balls:

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