Here are the actual numbers:
If you contribute $4000 every year and borrow 60% from margin your account balance will be about $3,791,185.15 after 30 years.
Amount you actaully put in: $176,000.00
Thats right… You put in a little under 200k and you make a little under 4 million.
Still don’t have $4000 a year? Thats only $333 a month.
key point that many often times dont’ get: Save your money earlier.. so its worth more later.
Josh
