Below are 2 scenarios using $20K investment in the next 35 yrs. First would be invest the whole 20k and forget in the next 35yrs with 10% annual interest with 2% inflation. You will end up with $281,040.00 Second, you use your 20k to buy todays $HHIS and invest monthly dividends to a broad market with 10% annual interest rate and 2% inflation. Surprising, you will end up with $952,778.00 in 35 yrs plus whatever left in capital, given NAV erosion.
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5 Comments
Farmer Nappy@farmernanppy · 1h
Have a question which will tank 1st $HHIS or canadian dollar in that 35 years 🤔 you kinda never wanna set it turn on drip and forget about it 😉 but does sound like you interest in passive income life 😉
Vish Al@viski · 1h
2% inflation isn't right to calculate
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