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Investment plan help. I meant 10,000, not 20,000? |
suppose I want to increase $10,000 to $30,000 within the next 20 years. What are three different ways I can do this? well you need your investment to grow at 5.65% so a long term bond with this type of yield would work. I like Charles' answer, but keep in mind that in 20 years, that 30,000 may not buy much more than the 10,000 today thanks to inflation severely eating into that 5.65% |
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