skieur
TPF Noob!
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- May 14, 2007
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Interesting item that I learned. If as a individual you have some money to invest like $50,000 or so, you go to the bank for example and they will give you an average of less than 5% return based on mutual or other funds with some risk involved. You could even make less than a 5% return in the short term. GICs are more secure but again the interest rate is lower.
However if you have $1,000,000 or $2,000,000 to invest you graduate to a different level of investment so-to-speak. There are companies that will guarantee to maintain your original capital and pay you an 8% to 9% return on you investment.
Then of course there are the even richer. The personal portfolio of the head of a major pension fund is giving him 24% return on his investments.
I wonder what the average rate of return on investment is for those with several million to invest.
skieur
However if you have $1,000,000 or $2,000,000 to invest you graduate to a different level of investment so-to-speak. There are companies that will guarantee to maintain your original capital and pay you an 8% to 9% return on you investment.
Then of course there are the even richer. The personal portfolio of the head of a major pension fund is giving him 24% return on his investments.
I wonder what the average rate of return on investment is for those with several million to invest.
skieur