Starting at $0? Here's How You Can Build Up a $500,000 Portfolio in 25 Years
Investing less than $400 per month into a top index fund could be enough to grow your portfolio to over half a million dollars in the long haul.
Overview
If you're getting started with investing, you shouldn't feel discouraged if you don't have any savings built up. Over time, investing in the stock market and letting your money grow can be a great way to build up your savings and portfolio.
Even if you're starting with $0 in your portfolio, if you make monthly contributions on a regular basis and invest in an index fund that gives you broad exposure to the stock market, you could still end up with more than $500,000 in 25 years, without having to take on significant risk.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.