Thread: 30K Investment
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Old 08-01-2013, 01:53 PM   #12
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Join Date: Jul 2005
Posts: 22
The STI did awesome last year for 2012. Almost 20% returns. It's average over the past couple of decades is above 9%. So it is one of the best and lowest investments you can undertake if you are thinking of long-term investing.

Let's say you dollar-cost average monthly $500 over the next 40 years till u retire (assuming you are now 30 and retirement age is 70 at that time). If you get 9% returns (i dno if its still possible 40 yrs into the future), you will be getting more than $2.3 million by the time you retire. If we discount the figure to present value with inflation of 3%, you would have about $720k of current day money. Not too bad in my opinion. More than enough to live a very very comfy life after you retire
Lol inflation 3%.
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