What Happens When You Invest Just $100 a Month in the S&P 500 for 20 Years?
Even small monthly investments can grow into tens of thousands of dollars.
Overview
A lot of people think it takes a lot of money to make money investing in the stock market. In reality, any investment can do the job. Even small monthly investments made consistently over the course of decades.
For many people, a simple $100 monthly investment in the S&P 500 (SNPINDEX: ^GSPC) is achievable. It may not sound like much, but how large can your investment grow if you keep investing for 20 years?
Details
Let's do the math.
Source
Originally published at www.fool.com.
Related Articles
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.