To: B4Ranch
To earn 150K on a million dollar investment would mean a return of 15%, which is a pretty steep return unless one is willing to take a great deal of risk.
In times of low interest rates, a more reasonable rate of return would be in the 4-6% range.
To: quadrant
A return in the 4-6% range means your net worth has dropped 2.5 to 4.5 in the past six months because the dollar has fallen 8.5% in the 6 months.
I averaged out at 23.045% return last month over a five year term. I do not make risky investments with more than 50k at a time and they are always very short term because I don't like having to keep my eye on the darn things.
I suggest getting a new financial advisor. Perhaps a couple of them.
149 posted on
11/27/2004 12:19:00 PM PST by
B4Ranch
((The lack of alcohol in my coffee forces me to see reality!))
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