Thursday, May 21, 2009

So My Mutual Funds Are Earning!

I spent almost 100k on my mutual funds investment and I just received my monthly report. It profited this month by 5k. This 5k is a profit that my money has worked for me. I didn't do any work aside from buying shares with my extra money and look at how much it earned me. This will continue to increase as time goes by because of compound interest.

Now lets do some little prediction. If this month I earned 5k from 100k investment. And if I continue to increase my investment 100k every year. In 4 years I have 400k on my mutual funds and after 4 years I'll be earning 20,000 per month passively. Without even lifting a finger. Of course it is just an estimate as I did not account for the compound interest that my initial 100k has earned after the first 3 years. It should be more that 20k per month.

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1 comment:

  1. Really i got informative post about the Mutual Funds Philippines as you define.You can also check the Buy Mutual Funds trends on.

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