Note- I neglected to incorporate annual contributions, so the ~16% estimate from the other thread likely represents the complete story more accurately.
On Wednesday, July 5, 2017 6:31 PM, "Jason Fritz jason.fritz_lokser@yahoo.com [TSP_Strategy]" <TSP_Strategy@yahoogroups.com> wrote:
The rule of 72 could be used to approximate anything that operates via a relative-basis increase similar to compounded interest. So, while investment portfolios certainly don't earn interest like CDs, their change in worth can be estimated by an annual rate of return that would assume all changes (positive and negative) would be compounded, or in this sense, relative to the current worth and not absolute values.
That average rate of return is more like 18-19%/yr over the 5-year period, which is pretty impressive, considering that the variability in the annual rates could be considerable over that period.
That average rate of return is more like 18-19%/yr over the 5-year period, which is pretty impressive, considering that the variability in the annual rates could be considerable over that period.
On Wednesday, July 5, 2017 5:46 PM, "Lashawn Hill lady1865@yahoo.com [TSP_Strategy]" <TSP_Strategy@yahoogroups.com> wrote:
The TSP daily balance depends upon share values, not a set interest rate. I could be wrong, but I'm not sure the Rule of 72 would work here. We get a Personal Investment Performance (PIP), which tells us our annual rate of return, not to be confused with an annual interest rate like you'd get with a CD.
Sent from my iPhone
Sent from my iPhone
On Jul 5, 2017, at 4:27 PM, 'David' david@digitaldata.us [TSP_Strategy] <TSP_Strategy@yahoogroups.com> wrote:
The rule of 72s. Take 72 and divide it by the number of years you want to double your money in. 72 / 5 = 14.8%.There you go. Not easy five years in a row, but doable.-------- Original Message --------
Subject: [TSP_Strategy] Re: Bumpy Road to a Million Dollar TSP
From: "softbreeze@gmail.com [TSP_Strategy]"
<TSP_Strategy@yahoogroups.com>
Date: Wed, July 05, 2017 3:32 pm
To: <TSP_Strategy@yahoogroups.com>
June 2012 — $479,248.83 (25 yrs of service)
June 2017 — $1,136,577.98 (30 years of service)I'm terrible at math, but what kind of rate of return would you have to have to double your money in only five years? It seems amazing to me this person was able to go from $479,000 to over $1 million in such a short amount of time.
__._,_.___
Posted by: Jason Fritz <jason.fritz_lokser@yahoo.com>
| Reply via web post | • | Reply to sender | • | Reply to group | • | Start a New Topic | • | Messages in this topic (4) |
Have you tried the highest rated email app?
With 4.5 stars in iTunes, the Yahoo Mail app is the highest rated email app on the market. What are you waiting for? Now you can access all your inboxes (Gmail, Outlook, AOL and more) in one place. Never delete an email again with 1000GB of free cloud storage.
Neither the TSP Strategy group, nor individual members, are licensed or authorized to provide investment advice. Any statements made herein merely reflect the personal opinions of the individual group member. Please make your own investment decisions based upon your personal circumstances.
.
__,_._,___
Anda baru saja membaca artikel yang berkategori dengan judul Re: [TSP_Strategy] Re: Bumpy Road to a Million Dollar TSP. Anda bisa bookmark halaman ini dengan URL https://1stleadershipworkshop.blogspot.com/2017/07/re-tspstrategy-re-bumpy-road-to-million_88.html. Terima kasih!
Ditulis oleh:
Andriansyah -
Belum ada komentar untuk "Re: [TSP_Strategy] Re: Bumpy Road to a Million Dollar TSP"
Post a Comment