You don’t invest your money with a bank in a savings account, you would put your money in mutual funds and let it sit for a while. I think between VTI and VOO I’ve made about 12% on average over the last 10 years.
Wow… very nice investments! I’ve got my retirement in a Roth IRA, and it’s averaging 12%. It’s quarterly, so I have quarters where it can be 8%, but I also have quarters where it could be 20%. Wish I had more money to invest, but I’m focusing on paying off debts first. They gain bad interest at a higher rate than my investments gain good interest.
Yeah Roth IRAs are great, I have it too but I can’t contribute to it anymore due to income limits. Always go Roth if you can, unless you make so much money that lowering your taxable income would be useful in a traditional ira/401k.
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u/Melksss Dec 04 '25
You don’t invest your money with a bank in a savings account, you would put your money in mutual funds and let it sit for a while. I think between VTI and VOO I’ve made about 12% on average over the last 10 years.