UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next
Author: Mattei999 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 2674  
Subject: What more incentive do you need? Date: 7/15/1998 12:16 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Some information for my other Teen-age investors. This is from a (a friend of mine) college professor at UMASS Amherst, and his class's research. It is pretty basic. But it should get those Foolish gears turning. Let me know what you think. Hopefully, this will be motivational. I'm only 14, and I'm excited. These are at returns of many mutual funds (which is quite unFoolish). Imagine what a strong stock could return over 12 months (next to 12%, 15%, and 20% yearly). While an investment of this size monthly might not be pheasable, it is still something to strive for, and I'm sure a smaller amount would still provide great returns after time.
Best regards,
Bryan Mattei
Mattei999@aol.com
Enjoy:


Scenario #1: $300 invested per month at 12% yearly interest rate
· After 25 years, you will have invested $90,000 and accrued $473,654 in interest. Your account balance would be $563,654.
· After 30 years, you will have invested $108,000 and accrued $940,489 in interest. Your account balance would be $1,048,489,

Scenario #2: $600 per month invested at 15% yearly interest rate
· After 25 years, you will have invested $180,000 and accrued $1,766,118 in interest. Your account balance would be $1,946,118.
· After 30 years, you will have invested $216,000 and accrued $3,937,968 in interest. Your account balance would be $4,153,968,

Scenario #3: $600 per month invested at 20% yearly interest rate
· After 25 years, you will have invested $180,000 and accrued $4,911,172 in interest.
Your account balance would be $5,091,172.
· After 30 years, you will have invested $216,000 and accrued $13,570,703 in interest.
Your account balance would be $13,786,703.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next

Announcements

Teens and Their Money Area
Drop by to learn how to earn more, save more, and (eventually) become a millionaire!
Paying For School Guide
Trying to Tackle Tuition? The Motley Fool's Guide to Paying for School will help you fight those rising education costs.
Post of the Day:
TMFDeej's CAPS Blog

Activist Investors Unlocking Value at LSB Industries?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement