If you're afraid to invest in the stock market, do this calculation to see how much money you're losing out on. (via CNBCMakeIt)
tells CNBC Make It. It's not a life requirement. But you should understand what you're losing out on if you avoid the markets.
It's a shocking amount, Lowry says. "You're going to have to save so much more money to achieve the same goals because the market is helping do some of the work." That's because when you use a high-yield savings account or an investment account with higher returns, you putto work for you. When your money earns returns, those returns also generate their own earnings. It's a simple, but powerful way to grow money at a much faster rate than simply saving. The Securities and Exchange Commission has aThe longer you leave your savings in the market, the more compound interest can help because the returns continue to build on themselves.
That means if you invested $1,000 and the market lost 30%, your investment would be worth $700. And it may take you more than 13 months to recover the $300 you lost. But even if you're worried about the markets right now, simply pulling your money out may not be a great solution. In fact, experts say the best long-term game plan is to
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
I went to a Lucha Libre wrestling match in Mexico City, and it was even better than I imaginedIf you're lucky enough to visit Mexico City, you won't want to miss a Lucha Libre match, whether you're into wrestling or not.
Lire la suite »
What November's Scorpio Horoscope Predictions Mean for YouRegardless of what you're feeling right now, the best times are yet to come.
Lire la suite »
The most important breakfast ingredient for kick-starting your metabolismIf you want to speed up your metabolism, make sure you're eating the right stuff.
Lire la suite »
Experts Explain How You Can Look Leaner but Weigh More (It's Not Just About Muscle Gains!)The photo on the left of me was taken July 2016, weighing 120 pounds (I'm 5'2'). I had just started going to CrossFit after a history of running and yoga
Lire la suite »
31 Fall Outfit Ideas to Try When the Weather's Confusing AFCourtesy of off-duty models at NYFW.
Lire la suite »
ICYMI: Tokyo Street Style, Camel Coats & Fall Nail Polish TrendsA must-read roundup of our most popular stories of the week. You're welcome.
Lire la suite »