My Roth 401k is averaging 12% Yield return per year? Is this pretty good ?

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My Roth 401k is averaging 12% Yield return per year? Is this pretty good ?

2007-09-15 10:18:55 · 4 answers · asked by Anonymous in Business & Finance ➔ Personal Finance

4 answers

If your account is averaging that after several years then yes, it's doing a great job. At 12% a year, the your money will double roughly every 6 years!

2007-09-15 11:52:22 · answer #1 · answered by Stephanie C 5 · 0⤊ 2⤋

This sounds pretty good to me. You have to take into account what the market is doing, though. If the market gained 20% in that year, your 12% is not so good. If it only gained 10%, your funds did great.

2007-09-15 10:34:27 · answer #2 · answered by Anonymous · 1⤊ 0⤋

excellent.....nice job of picking some winners...

2007-09-15 14:57:03 · answer #3 · answered by zioncanyon 3 · 0⤊ 1⤋

its real good.

2007-09-15 10:22:30 · answer #4 · answered by george 2 6 · 0⤊ 2⤋