What's the name of the retirement fund that you could contribute $200/month and have 200k in 10 years.
2007-12-05 12:50:15 · 4 answers · asked by Number 3 1 in Business & Finance ➔ Investing
It is call Pipe Dream. The ticker is DRMON
2007-12-05 13:05:25 · answer #1 · answered by Anonymous · 0⤊ 0⤋
It's not Sooooo far out of the question if you could pick a great mutual fund...and extend your time frame to about 15/16 years !!
You just have to average about 18% gains on your money....
right now there are funds making 37%..43% per year...but that will change...if you invest in them, you'll have to watch closely and pick another winner when they start to fade ( and they ALL do..)
Look at the charts/performance of FEMKX, EUROX, CGMFX, FLATX, FBRVX, FSEAX, EVCGX
2007-12-05 13:22:22 · answer #2 · answered by jebediabartlett 6 · 0⤊ 0⤋
Does not exist. No ligit fund can promise this return.
2007-12-05 12:56:15 · answer #3 · answered by William C 7 · 0⤊ 0⤋
Whoever is feeding you this info should do the math, and prove his prediction. Inwill have to be demonstrated to be proved.
2007-12-05 13:00:21 · answer #4 · answered by googie 7 · 0⤊ 0⤋