Anonymous

07 Jun 2019

∙

Which investment plans can turn $1,000 a month into $1,522,077 over a span of 40 years as stated in the article below?

Compound Interest: A Ridiculously Easy Way To Get Rich https://blog.seedly.sg/easy-way-get-rich-compou...

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Victor Chng

07 Jun 2019

Co-Founder at Fifth Person Pte Ltd

Hi,

Based on the figure in the article, it seem like the annual return is about 5%. Investing in stocks can achieve the follwing figure but a more safer way, I would suggest is investing in index ETF. In generally most index should be able to achieve the given percentage except for Japan market index.

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Nicholes Wong

17 Feb 2019

Diploma in Business Management at Nanyang Polytechnic

Stocks, ETFs, Robo advisors and so on. There are a lot that can do that but you have to comfortable with dealing volatility and dont panic sell when prices drop. Investment can go down not only go up.

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Yang Teng

17 Feb 2019

The article assumes appreciation of 5% which can be achievable through stocks in most markets up to ...

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