The first projection for the Snowball at the six month stage is £4,749.00, do not double to arrive at the year end figure.
The fcast is £9,120.00
The comparison share is VWRP £118,573.00, when using the 4% rule would give you a ‘pension’ of £4,742.92 pa.
If you approximate using the above figures, for ten years at a compound growth of 7% the amounts would be
The Snowball £18,240.00 a yield of 18% on seed capital.
VRWP £9,484.00
The figure for VWRP could be higher or even lower, depending on markets.
Are you an investor or a gambler ?
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