of youth. By investing early, he gives himself many years to prosper in bull markets as well as to withstand occasional declines during bear markets. Using a hypothetical 8% return, if he invested $100 monthly into a growth mutual fund, his investments would grow to more than $57,000 in 20 years and $140,000 in more than 30 years.
Financial Snapshot: Jeff Wilson II
|Money Market Account||$600|
|ING Direct Money Market Account||2,600|
|Credit Card Debt||300|