Village builders

Block 10: Beating the Market

As we have learned, compound interest is an amazing thing. Growing your money at 10% resulted in impressive results. But is it worth it to try to go above and beyond?

 

Well, remember in Block 8 we did some calculations? In short, you could have $1.84 million after starting with $5,000 and adding $5,700 every year for 35 years at 10%.

 

What about if you beat the market and get 15% under those same conditions? Well, you will have $6.44 million. Don’t trust that? Click here.

 

What about a miraculous 20%? $23.12 million.

 

Those are convincing numbers but we still a lot to learn to get to that point…