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Podcast: Be Wealthy & Smart
Episode: Why Are Large Mining Companies (GDX) Outperforming the S&P 500?
Description: Learn why the large mining companies have performed so much better than the S & P 500 index. Are you investing well for financial freedom...or not? If you invest $10,000 per year for retirement, but earn only 2%, after 20 years you'll have $262,692 and after 30 years $431,908. However, if you invested for growth and the stock market averaged 10% annually, your $10,000 per year would grow to $697,299 after 20 years and $1,983,928 after 30 years! A huge difference. Your compounding rate, and how well you invest, matters! INTERESTED IN THE BE WEALTHY & SMART VIP EXPERIENCE? -Asset allocation model with...