Sunday, June 15, 2008

Inflation vs Unit Trust Return

Do you know with 7% inflation, your RM100 000 will shrink to half of it (RM50 000) in 10 years time?
Yes, it’s true!!
We don’t want this to happen and we have to find ways to double up our money right? But how?
You can do it with Unit Trust as your Investment vehicles. There are generally 3 types of fund which suit your risk appetite. Balance fund with 6% return and it will takes 12 years to double up your money. Moderate fund with 12% return and it will takes 6 years to double up your money. Finally, Aggressive fund with up to 20% return and you only have to wait for 3.6 years to double up your money… (these are standard return p.a. for unit trust industry).So, don’t wait any longer.. The soonest you invest, the soonest you can double up your money

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