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effects on compound interest

frenchplonka · 2016-11-03 14:57:06

Ok so I prob missed the boat by 18 years im 35 now but better late than never right... Ok im after some rough ideas here in regards what possible interest rates i could get for my money im looking to drip feed in around 150 per month into a LV80 product and also invest another 100 in another product I was looking at a…

Comments

Superscrooge Posts: 1,171 Forumite

3 November 2016 at 8:06PM

As a very rough guide, most websites quote historical stock market returns as averaging around 6% per year over the very long term. So you could use this figure in your calculations. But as others have stated. Stock market returns are very volatile. In any individual year they can be +30% or -30%, or anywhere in between.

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