I do not know of any 401K or IRA available investments in any of the plans I have from 3 jobs that would have provided an actual return any where near 8-9% compounded interest per year over the past 10 years. What real investments would have done this well among commercially available mutual funds (growth, small cap, bond, etc), and how do I pick one of those? I've never seen one. The good picks are break even over that time period, and the absolute best choices may have increased by 50% in 10 years. I don't see how anyone doubles or triples their retirement investing in 10 years. It seems like a game played by financial advisors to take people's money. You would have been better off buying real estate in NYC than investing in your retirement by 100, 200% or more.
2007-03-09
09:55:16
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2 answers
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poor in NYC
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