![]() Savings accounts at a financial institution may pay as little as 0.25% or less but carry significantly lower risk of loss of principal balances. The lowest 12-month return was -43% (March 2008 to March 2009). From Januto December 31st 2016, the average annual compounded rate of return for the S&P 500®, including reinvestment of dividends, was approximately 10.3% (source: Since 1970, the highest 12-month return was 61% (June 1982 through June 1983). The Standard & Poor's 500® (S&P 500®) for the 10 years ending December 31st 2016, had an annual compounded rate of return of 6.6%, including reinvestment of dividends. The actual rate of return is largely dependent on the types of investments you select. Rate of return: The annual rate of return for this investment or savings account.Years to save: The total number years you are planning to save or invest.Starting amount: The starting balance or current amount you have invested or saved.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |