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yourgoldenstars OP t1_iujzbum wrote

Reply to comment by UltimateTraders in Best place to start for children by yourgoldenstars

I will check into this.

But I'm not sure I understand it correctly. When I read this I think "Well the money isn't going to sit for 100 years. And a 6% interest gain after 100 years seems pretty bad." I don't know much about investing, am I reading this wrong?

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Fllood99 t1_iuk04zw wrote

The “after 100 years” part is showing that the portfolio has existed for that long and averaged an annual return of 6%. That means after one year, the money you have in the account will grow 6% on average for however long you keep it in there

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