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Why Young Adults Should Not Focus On Investing At The Start Of Their Career
Posted on the 15 March 2018 by Sgyounginvestment
Two young adults, Kimberly and Johnathan starts out in their careers at the age of 25. Kimberly saves $20,000 a year and invests her money to earn only 4% investment returns while Jonathan saves $15,000 and invests his money to earn 7% investment return. Who will have higher net worth after 15 years?
Surprisingly, it turns out that Kimberly would have higher net worth in 15 years at age 40 even...
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