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Old 02-16-2006, 01:23 PM   #16
kobim3r
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Yah as deep said rates fluctuate but over a long period of time a return of 10-15% is not uncommon
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Old 02-16-2006, 01:27 PM   #17
///MAC
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ive invested around 3 g's since grade 9 when i started work, put away 40% of my cheque every month but lately ive stopped becuase of school expenses. I have about close to what this story say invested and it isnt growing to fast......

what type of RRSP's are these...
i would love to know...

thanks
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Old 02-16-2006, 03:35 PM   #18
bmdbley'sBro
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Quote:
Originally Posted by BlitzSix
I


There's the link to where it was taken from:

http://ww2.dowtheoryletters.com/DTLO..._poor_man.html

so the guy that partied his ass off & started saving late is only
down by $37K

WoW $37K is a joke in the scheme of things...
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Old 02-16-2006, 04:26 PM   #19
Hasselhoff
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Quote:
Originally Posted by Miguel
ok, someone point me to where I can invest my $$$ at 7%
Me too.
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Old 02-16-2006, 04:48 PM   #20
felixthecat6
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This is a problem most Canadians face,learning to handle money wisely...money management should be taught in school..
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Old 02-16-2006, 05:16 PM   #21
BlitzSix
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Quote:
Originally Posted by bmdbley'sBro
so the guy that partied his ass off & started saving late is only
down by $37K

WoW $37K is a joke in the scheme of things...
You're missing the point.

Yeah it's 37k if you invest 2k a year.

But the point is one guy increased his income 11 fold and the other increased his 66 fold. Imagine if that 2k is 4k, etc.
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