Akademik Veri Yönetim Sistemi
European Journal of Economics, Finance and Administrative Sciences , sa.97, ss.5-18, 2016 (Hakemli Dergi)
Abstract
Individual retirement system is not the alternative to Social Security System. Individual retirement system which has the nature of supplementary of state social security system depends on the desire of the contributor and also voluntary contribution principle. The aim of our study is to compare the average nominal returns of some different investment vehicles, i.e. Individual Retirement Systems return, Deposit Interests Gross), BIST 100 Index return, USD, EURO and GOLD (Bullion) returns realized in Turkey for 10 years during the period of 2004 and 2013. When the returns of BES are compared with the nominal returns of some different investment vehicles in Turkey, such as Deposit Interests (Gross), BIST 100 Index, USD, EURO, GOLD (Bullion) in Turkey for 10 years during the period of 2004 and 2013, it is seen that the first is BIST 100 Index, the second is GOLD (Bullion), the third is Deposit Interests (Gross), the fourth is Individual Retirement System, the fifth is EURO and the sixth is USD.