Monday, February 1, 2016

Financial Thought of the Day February 01, 2016: Here’s What 2% Can Do For Your Money Over Time


Building wealth is a function of amount invested, the rate of return and time. Here’s what 2% (the rate for a 10 year Treasury Note) can do for you over time:

$1,000 Amount
Time
Rate
Amount After Compounding
10 Years
2%
$1,218.99
20 Years
2%
$1,485.95
30 Years
2%
$1,811.36
40 Years
2%
$2,208.04
50 Years
2%
$2,691.59

Note: William Bias (stockdissector) does not own any Treasury Notes.

Go to stockdissector.com

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