Here's How Much a $100 Monthly Investment in the Nasdaq 100 Could Grow Over the Long Term
The Nasdaq entered bear market territory on Monday in a sign that the downturn may still be far from over. It may be an unnerving time to invest in stocks, but history suggests that buying when there's fear in the market could indeed be a great long-term decision for investors. When valuations are low, that can set up investors for fantastic returns in the years ahead, especially since the market has always recovered.Below, I'm going to look at how much you could make from investing $100 each month into the Nasdaq's top stocks, and doing so over the long haul -- a period of 25-plus years. Could it be enough to one day make you a millionaire?Picking which stocks to buy on the Nasdaq can be challenging, as some investments will inevitably possesses much more risk and uncertainty than others. But one way you can simplify your strategy is by having a position in many stocks, rather than just one or two. And a great way to do that is to invest in an exchange-traded fund (ETF).Continue reading
The Nasdaq entered bear market territory on Monday in a sign that the downturn may still be far from over. It may be an unnerving time to invest in stocks, but history suggests that buying when there's fear in the market could indeed be a great long-term decision for investors. When valuations are low, that can set up investors for fantastic returns in the years ahead, especially since the market has always recovered.
Below, I'm going to look at how much you could make from investing $100 each month into the Nasdaq's top stocks, and doing so over the long haul -- a period of 25-plus years. Could it be enough to one day make you a millionaire?
Picking which stocks to buy on the Nasdaq can be challenging, as some investments will inevitably possesses much more risk and uncertainty than others. But one way you can simplify your strategy is by having a position in many stocks, rather than just one or two. And a great way to do that is to invest in an exchange-traded fund (ETF).
