The Future Value of $14,000

This is for those that are currently faced with the decision on what to do with a certain sum of money. I would suggest that one invest it in a mutual fund that Morningstar has rated as a 5 star fund. This is the highest rating and difficult to achieve. Less than 10% of all funds have achieved this milestone.

If you invest $14,000 today in a mutual fund and leave it in for 20 years you would have the following sums:

With an average return of 10.5% you would have $103,127.29.
With an average return of 10% you would have $94,185.00.
With an average return of 9.5% you would have $85,982.57.
With an average return of 9% you would have $78,461.75.
With an average return of 8.5% you would have $71,568.65.
With an average return of 8% you would have $65,253.40.
With an average return of 7.5% you would have $59,469.92.
With an average return of 7% you would have $54,175.58.


One fund company that I like a lot and has several 5 star ranked funds is OakMark Funds. The website is: www.oakmark.com