50p and Wealth
The 50 coin is now 50 years old. About two-thirds of Britons at this age worry about their savings and investments.
What could one have done with that 50p in your pocket or imagine the effect of just investing 50p a day for 50 years (18,250 coins or £9,125 in your pocket as change).
A One-off
Deposit would get you £6.48, at historical savings rates.
investment in a mortgage trust would have provided you with £231 of value today.
In a single share, then £1,720.
Investing 50p a day, every day (18,250 coins) for 50 years
In a trust then the value would have been £2.8 million.
In a share, then a value of £12 million,
(The table below summarise these figures)
If you haven’t already done so, speak to a financial advisor: it is not too late to start saving for your future.
Get the most out of your 50p!
Contact us at Gate Wealth!