What Do I Do If I Get This Job?
Jobs & Education1 min ago
Investments
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I am in a position to invest money into the Police Mutual. I believe it is a "good" place to invest money, where does it stand in comparision to other companies i can invest in?. I am looking to invest about �100-150 a month over 30 years.
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Since records began, the stock market grows an average of 10-15% ANNUALLY if you measure for long enough to average out temporary peaks and crashes. e.g if you measure for 10 years, the average growth is the equivalent of 10% per annum
If you can beat this then go for it : whatever you invest it in I'd make sure (as long as it's as long term as you outline) that it has as little handling or set up fees (initial and annual) as possible and it based on the stock market.
Although we're all familiar with tales of woe regarding stock market crashes, the fact remains that it's the most reliable and profitable place for longer term investments. That and, increasingly, property but that can be a bit high maintenance. (like some women)
If you can beat this then go for it : whatever you invest it in I'd make sure (as long as it's as long term as you outline) that it has as little handling or set up fees (initial and annual) as possible and it based on the stock market.
Although we're all familiar with tales of woe regarding stock market crashes, the fact remains that it's the most reliable and profitable place for longer term investments. That and, increasingly, property but that can be a bit high maintenance. (like some women)
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