The first thing you need to determine in order to reach an investment goal after accumulating the capital is the __________.

Question

The first thing you need to determine in order to reach an investment goal after accumulating the capital is the __________. ​

Quizplus · Accepted Answer

The rate of return is essential in determining the growth of the investment and how much it will generate in the future. It is necessary to choose investments that will provide the desired rate of return needed to achieve the investment goal. The rate of savings, rate of inflation, and rate of consumption are also important factors, but they come into play after the rate of return has been determined.

The First Thing You Need to Determine in Order to Reach