Are you Missing Out?
The Power of One Percent
It is easy to overlook the importance of just a 1% increase in the return that we receive from an investment. This is especially the case if we have a relatively small investment that is inaccessible for a number of years.
These amounts can be, for example, superannuation for a young person or an investment for our young grandchildren for when they reach adulthood.
The following table illustrates how just a 1% increase in return can make a significant difference to the end result.
As the above table illustrates, if you do not have an appropriate investment strategy, over time, that 1% that you miss out on today can add up to be very SIGNIFICANT tomorrow.
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