Do last year's profits guarantee the same return this year? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

Do last year's profits guarantee the same return this year?

Asked by Banky team 2 months ago 2 views
Banky team Reviewed editorial answer

Historical profits help you understand performance, but they are not a guarantee of future results.

Compare multiple periods, understand your investment strategy and risks, and don't base your calculations on a single month or quarter.

The figures, fees and limits in this answer vary by bank and change over time — confirm them with your bank or the official source before acting.

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