Harnessing the power of compound interest means that even a modest capital investment can significantly build your wealth over time.
A combination of factors such as - age at commencement, return on investment and compounding returns - could make a considerable difference to your long term wealth accumulation. In some scenarios, this could amount to hundreds of thousands of dollars difference at retirement.
There is a great article written by Noel Whittaker, in the RACQ Road Ahead Magazine, which highlights the impact of these key factors. Read the full article here…
For more information about a wealth building strategy that’s in your best interest or a review of your investment risk profile, please contact us on 07 3720 1299 or email admin@wealthfundamentals.com.au
Lane Moses Pty Ltd ABN 56 092 186 117 trading as Wealth Fundamentals and its advisers are Authorised Representatives of Fortnum Private Wealth Ltd ABN 54 139 889 535 AFSL 357306. This is general advice only and does not take into account your objectives, financial situation or needs, so you should consider whether the advice is relevant to your personal circumstances. You should also read the relevant Product Disclosure Statements (PDS) before making any financial decisions.