[dzorz]

> How much would I have after three years? Assuming a modest 10% return per year

Is 10% really a modest return?

[jdrock]

No, it's not. If you're steadily earning a 10% return on your investment, year over year, you are doing amazingly well and should stop doing whatever day job you have now.

[a4]

Not in South Africa. Look at the rates on South African government retail savings bonds: https://secure.rsaretailbonds.gov.za/ViewHistory.aspx .

[dedward]

Statements like that generally assume that that's an investment adjusted against inflation or devaluation......looking at the interest rate alone on a currency is meaningless without the rest.

[yanowitz]

In my paste buffer: "Assuming a modest 10% return per year"

The article lost me at this point too.

[osipov]

considering that the author is South African and the inflation rate there ranged between 5 and 10% in the past 10 years (http://www.wolframalpha.com/input/?i=south+africa+inflation+...), 10% would indeed be a modest return.

[yanowitz]

Fair point, but then the whole article should be accounting for the time discounted value of money, etc. etc.