The current PPF interest rate is 7.1% for the quarter from January to March 2025. Now that you have a clearer https://www.easyequities.co.za/ picture of how your funds can be expected to grow, you may want to create a more detailed plan. That’s easier to do when you work with a financial advisor.
Current accounts
These are companies that own a portfolio of real estate, often commercial properties or apartment buildings. Exchange-traded funds are similar to index funds and mutual funds, but they trade on a stock exchange, which means they can be bought and sold throughout the day. Work on your investment strategy with a financial advisor by your side. The longer you invest, the more time you will have to ride out any potential downturns in the market.
- Very low – you’re generally comfortable with achieving a very low level of potential return on your investment coupled with a very low risk of investment loss.
- If you think you’ll need this money within the next 5 years or if you can’t afford to invest at least £20 a month, then you may benefit from one of our savings accounts instead.
- Typically, the longer you invest, the more likely your money will grow.
- So, if you are planning to invest in an index fund that tracks the FTSE 100, you can use this rate as a starting point.
How To Use Our Investment Calculator
Its articles, interactive tools and other content are provided to you for free, as self-help tools and for informational purposes only. NerdWallet does not and cannot guarantee the accuracy or applicability of any information in regard to your individual circumstances. Examples are hypothetical, and we encourage you to seek personalized advice from qualified professionals regarding specific investment issues. Our estimates are based on past market performance, and past performance is not a guarantee of future performance. To use the MoneyGeek Retirement Calculator, enter details about your finances and plans.
Years to Grow
The average investor who doesn’t have a lot of time to devote to financial management can probably get away with a few low-fee index funds. Mutual funds are pooled investments, or investment https://www.liberty.co.za/ "baskets," filled with many different assets. Mutual funds allow investors to purchase differen securities within a single investment. They are often managed by professional fund managers who aim to beat the market (though analysis shows they often don’t). You can purchase funds that invest in stocks, bonds or other assets. For a goal that requires growing your money over the long term — for example, retirement, or college savings for your kids — you may opt to take on more risk to generate higher returns.
Explore More MoneyGeek Calculators
Enter how much you’d like to start investing with and how much you can add each month. The calculator will then show you how the value of the investment could change over time, depending on the market performance. Presenting these figures side by side highlights where your plan aligns — or falls short — and offers opportunities to explore solutions.
Low – you’re generally comfortable with achieving a low level of potential return on your investment coupled with a low level risk of investment loss. Very low – you’re generally comfortable with achieving a very low level of potential return on your investment coupled with a very low risk of investment loss. The information on is sasol shares a good buy this page doesn’t constitute a solicitation of the sale or recommendation of, or advice on any products. You should not act on such information without seeking professional advice. Very High – you’re generally comfortable with achieving a very high level of potential return on investment coupled with very high risk of investment loss. High – you’re generally comfortable with achieving a high level of potential return on your investment coupled with high risk of investment loss.
