It can be tempting to pursue the latest "hot" investment, seemingly full of potential. But is that the best way to accumulate wealth? Warren Buffett once said, "Someone's sitting in the shade today because someone planted a tree a long time ago." By creating an investment strategy tailored to your goals, time horizon, and risk tolerance, you may find yourself in a more favorable position in the future.
Investment Option A
Investment Option B
Investment Timeline
Your Investment Comparison Results
Projected values after 20 years
Investment Growth Comparison
The Expected Annual Rate of Return for Investment Option A and Investment Option B is hypothetical and used for illustrative purposes only. It is not representative of any specific investment or combination of investments. An investment timeline will vary depending on a variety of factors, including your goals.
Have A Question About This Topic?
Related Content
Inflation & Retirement
See how inflation over time could affect the purchasing power of your retirement income.
Choices for Your 401(k) at a Former Employer
Individuals have four basic choices with the 401(k) account they accrued at a previous employer.
The Cost of Procrastination
Procrastination can be costly. When you get a late start, it may be difficult to make up for lost time.