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Author: Onfoot One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75383  
Subject: Re: How To Invest A LARGE Sum Of Money Date: 11/15/2000 10:11 AM
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If I were Andrew, I would begin by evaluating Prudential's performance so far. If his parents have been depositing $20,000 per year for 20 years at the beginning of each year, and the fund is now worth $600,000, that figures to a compound rate of return of about 4%. That's better than he would have done with the money under his mattress, but if it's right he's certainly wise to be looking for alternatives.
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