More about investment

Im 22 and in college still studying computer information and hoping to start investing soon. I figure if I start out at $55,000 or more after graduation (average for my control) and invest 20% of my income (may adjust if needed) every year and live frugally

The sooner you start, the superior. Rule of 72: divide 72 by your interest rate earned to find out how long it takes your money to twofold. If you got 10%, it would take 7.2 years to double what you invest. Quadruple in 14.4 years, etc. The power
ibu guru | May 21, 2010

At a minor age and disciplined contributions into the account, yes that is possible. 10% is just a tad aggressive for both stocks and funds, since 9% is the true average for stocks....but stranger things have happened. 7% is more probable, but 10%
Ryan M | May 21, 2010

I'm growing this project for class and I can't seem to the find a code for this anywhere. Help, please.

Retirement Calculation Page
The user should be able to enter:

 -the amount they scantiness to receive monthly

I'm graceful sure you're supposed to write the code not "find" the code anywhere.

You try to write it, we'll help you if you get stuck. That's how Yahoo! Answers works.
| Oct 31, 2010

I'm mellifluous sure you're supposed to write the code not "find" the code anywhere.

You try to write it, we'll help you if you get stuck. That's how Yahoo! Answers works.
Gardner | Oct 31, 2010

You are bearing in mind different investment strategies to save for your retirement.

Option 1: You invest $25/ month at a rate of 3.25% APR compounded monthly for 30 years.

Choice 2: You invest $75/ quarter at a rate of 4.00%

"Off the top of my oversee" I say:
take the one with higher interest, Option 3.
the effects of compounding easily outweigh the larger amounts contributed.

However ... that turned out to be not a certain extent correct
MathMan TG | Nov 19, 2010

I saw a log on Amazon.com about investing in rare coins for an early retirement. I won't mention the title, because I think it's against this site's Community Guidelines for me to ask whether or not you would commend a product by name.

But

If you happened to get timely and always by the right coin and happen to luck out into getting it certified at a high grade (rare coins only) - then you could agree to a large profit on each coin. However, this is rare - certainly not something you can
goldmoderncoins | Dec 12, 2007