Forget it for you, this is a high school mathematics problem. In theory, it is possible. The situation is like this.

In these 20 years, you contribute 2,000 yuan every year. In 20 years, your own money will total ***40,000 yuan, and finally you will be given 300,000 yuan. How did this happen? Here is an assumption. Assume that the annual profit from the investment of this money is 20% per year. According to this assumption, after 20 years, the money you invested will become 320,000, which is the 300,000 he gave you.

But will this assumption hold true? It's hard. This assumption is so ideal that it can be said to be tempting you. China’s funds have only been launched for 10 years, while the U.S. fund market is already very mature. According to the average statistics of all U.S. funds, the expected return of the fund is 8% to 8% per year. 10%. A development speed like China's can increase expectations, which is about 10% to 13%. Calculated based on 13%, if you earn 2,000 yuan per year, the total amount after 20 years will be 100,000. Don't be surprised. Although there is a difference of 7% between the annual income of 20% and 13%, in the long run, there is a much difference. My calculation is no problem, and this problem is very simple, high school students can do it.

That one is your relative. This is hard to say. It depends on whether you believe him or not. He will convince you. For example, last year the average return of the fund exceeded 50%, and the highest one doubled. Yes, this It is true, but it happens in some years. It can be said that it only happens once every 7 or 8 years, and some years it is a loss. For example, this year, out of 150 hybrid funds, only 5 did not lose money.

So, what should you do? According to me, your relatives made up a beautiful dream for you, and it will almost certainly be shattered. You asked and I answered. It’s up to you whether you listen or not. I’m so tired from typing.

Finally, I wish you good luck with your investment.

Be careful and think twice