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Have about $4000 to invest.. Is it even worth it?

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  • #16
    Originally posted by jmoney1 View Post
    So is $4000 really enough to be worth placing in mutual funds?
    Let's see:

    $4k @ 6% for 30 years = $23,000
    for 40 years = $41,150

    $4k @ 7% for 30 years = $30,450
    for 40 years = $59,900

    $4k @ 8% for 30 years = $40,250
    for 40 years = $86,900

    $4k @ 9% for 30 years = $53,000
    for 40 years = $125,600

    Yeah, I'd say it's worth it
    The easiest thing of all is to deceive one's self; for what a man wishes, he generally believes to be true.
    - Demosthenes

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    • #17
      And lastly $4K invested at 25% for 30 years is $3,231,174

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