Performance
Returns matter.
When you invest your money, you need to get what you pay for. When I say pay for, I mean the risk that you undertake MUST have a positive potential return attached to it - and you need to get ALL of the returns that you are entitled to.
Over the years I’ve asked many many people what they think the difference is between a 10% return and an 8% return. It's only a little bit less than 10% so they guess rather small differences in returns.
When I point out that over 30 years, a $10k investment at 10% will be worth about 175k, while the same amount at 8% will be worth $100k, they're shocked.
The rule of 72 is a standard rule in finance which allows an investor to gauge how long it will take an investment to double in value.
Therefore:
A 12% annual return for 6 years will make a portfolio double (72/12=6)
A 6% annual return will take 12 years to make a portfolio double.(72/6=12)
So when making plans, understand what you NEED to do to achieve your goals and plan accordingly - DON’T JUST GUESS!
You need to be Efficient and gather ALL the returns you can for the LEAST amount of risk, keeping fees and expenses as low as possible.
PLEASE NOTE: The last time your money DOUBLES/OR CRASHES will be the BIGGEST MOVE in your portfolio! MAKE SURE your RISK / REWARD model ensures your success!
WE’LL SHOW YOU THE WAY!
We’ll show you the light.