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  1. redwing

    The power of compounding and 2% difference in investment returns

    There's also this one (UK) Pension Plans - BBC Panorama P1- Who Took My Pension?
  2. redwing

    The power of compounding and 2% difference in investment returns

    Using the ASIC Calculator $10k invested for 30 years with a $1000 a month top up With 2% Fees and investment earnings of 7% each year you wind up with $841,836 the effect of fees is $403,740 With .06% fees and investment earnings of 5% (each year) you wind up with $848,876 the effect of...
  3. redwing

    The power of compounding and 2% difference in investment returns

    Just finished reading an article about the true cost of fees and staying the course Morningstar mentioned in an article that most investors chase performance (rising stars) but as a result underperform the very funds that they buy. The articles said that over the last 10 years Fidelity's...
  4. redwing

    The power of compounding and 2% difference in investment returns

    I found this Though In Aus you'd probably find the ATO would hit you with "unrealized gains" :D He has also been regularly contributing to his heirs charitable funds
  5. redwing

    The power of compounding and 2% difference in investment returns

    If one stock appreciates at 10% and the second at 12%, the Rule of 72 tells you that the first will take 7.2 years to double while the second will take only 6 years
  6. redwing

    The power of compounding and 2% difference in investment returns

    You don't want to get to the end having failing health and no more bickies in the bin
  7. redwing

    The power of compounding and 2% difference in investment returns

    As posted on another thread Imagine retiring in America with $1M in the bank today The highest rate for accounts above $100k is 0.95%, so $9,500.00 return Well under the poverty line of 48 states at $11,490.00
  8. redwing

    The power of compounding and 2% difference in investment returns

    Thanks , PBS video link Business Insider review PBS Frontline Nails It On How Wall Street Screws Main Street Investing – A Necessary Life Skill
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