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Compare Your Investment Profits

When I posted about graduate couples having no problems saving $1 million, I used an investment return of 3% in my calculations.If you can consistently generate a 3% return every year, you will turn $100,000 into $103,000 in 1 year, and then make that $103,000 become $106,090 in 1 more year. With such compounding, your ...

 

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