If 10,000 yen is set aside every month and invested at an annual interest rate of 3%, the 2.4 million yen will grow to about 3.3 million yen in 20 years, and 4.8 million yen to about 9.3 million yen in 40 years (from the FSA’s “Let’s Start! NISA Quick Reference Guidebook” (latest edition)).
The New NISA “Wasn’t Supposed to Happen! …The “investment insanity” trap perpetuated by the heated NISA press
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