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Ep 55: What is a Good Rate of Return?
Manage episode 361164477 series 2712818
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It’s a question we hear all the time: "What’s a good rate of return?" When clients invest money, they want to see it grow. But they also wonder what rates are “good” or “bad.”
It's essential to keep in mind that there's no one-size-fits-all answer to this question because everyone’s financial goals are unique. However, if you’re just looking to maximize rate of return and get rich quickly over a short period of time, that’s never a good idea. We encourage our clients to prioritize long-term wealth building over short-term gains.
Join us for an insightful conversation about this idea and gain valuable insights on maximizing your returns over the long term.
In this episode, we’ll share:
- Why you want to “get rich long,” not quick. (2:51)
- What happened during the real estate and stock bubble in Japan? (5:38)
- Why you should know some key financial moments in time. (8:32)
Learn more: https://caffeinecashflow.com/
Contact Michael:
https://www.westpacwealth.com/team/michael-schulte michael.schulte@westpacwealth.com 702-767-4897
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